Handheld Power Tool Market Will Register A Healthy CAGR In The Upcoming Period 2018-2025

November 16, 2018:  The Global Handheld Power Tool Market is estimated to develop at a substantial CAGR in the years to come. Asia-Pacific will mark sturdy progress with respect to demand for handheld power tool in the years to come. The regions such as China and India will specifically mark robust achievements. Transactions will be motivated by developments in infrastructure. Battery-operated electrical handheld power tools have turned out to be the most sought-after ones, and demand for these goods will considerably take over plug-in type of electrically powered handheld tools.

 

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The international Handheld Power Tool Market is divided by Type of Product, and the Area. The division of the international Handheld Power Tool Industry on the source of Type of Product extends Engine driven, Pneumatic, Electric, and others. For the past few years, the subdivision of electric power-driven handheld tools held the largest market share. Electric power driven handheld tools consist of polisher’s & grinders, drills, sanders, planers routers, impact wrenches, and screwdrivers. The upsurge of the building construction subdivision and the outline of smart city schemes in a number of developing nations, especially in Thailand and India will boost the demand for this market.

 

The division of the international Handheld Power Tool Market on the source of Area extends North America, Europe, Asia-Pacific, and Middle East & Africa. With reference to the study of the market, the Americas will continue to lead the market in the upcoming period. The automobile, manufacturing and building businesses are observing an exponential development in nations; for example, the U.S. and Canada. The U.S. is one of the biggest handheld power tools producers in the world.

 

Some of the important companies operating in the Handheld Power Tool Market on the international basis are Hitachi Koki, Stanley Black & Decker, Robert Bosch, Makita, Techtronic ABB. The additional noticeable companies operating in the market are Snap-on, Husqvarna, Klein, Casal Power Tools, Freudenberg, Irwin, Atlas Copco, Baier, Craftsman, and Hilti.

 

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On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

  • Electric power tool
  • Pneumatic power tool
  • Hydraulic power tool

 

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

  • Residential Applications
  • Construction
  • Industrial Use
  • Automotive
  • Other Applications

 

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