Description of Power Tools Global Market -
http://tinyurl.com/zb3fcg8
Overall value of the global power tools market at US$26.13 bn in
2014. The market is expected to reach US$38.03 bn by the end of 2021.
The market is substantially gaining from the rapid industrialization
in developing countries such as India and China. Furthermore, the
rising concept of modernization is also significantly aiding the
increasing demand for power tools.
The market has been segmented into three categories: by technology,
application and geography. By technology, the electric power tools
held the largest market share accounting to more that 50% in 2014 The
dominance of this segment is attributed to the increasing application
of electric power tools in construction industry. Moreover, electric
power tools have the capacity of producing better torque as per the
requirement of the work
By regions, Asia Pacific held the highest market share in the 2014
and expected to lead the market during the forecast period. This
region is witnessing tremendous industrialization due to the presence
of developing regions like India and China.
PDF Brochure for Technical Trends of Power Tools at:
http://bit.ly/25aTWW8
In addition, the report also profiles the key players in the market
on the basis of company overview, financial overview, business
segments, key developments and the business strategies adopted by
them with respect to the power tools market. . The major player
profiles in the market include Robert Bosch GmbH (Germany), Stanley,
Black & Decker, Inc. (U.S.), Emerson Electric Co.(U.K.), Makita
Corporation (Japan), Actuant Corporation (U.S.), SKF (Sweden),
Techtronic Industries (China), Hilti Corporation (Germany), Danaher
Corporation (U.S.) and Hitachi Koki Ltd (Japan).
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