The Business Research Company’s Power Tools Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Power Tools Global Market Report 2023 evaluates power tools market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by
covering 60 geographies and focusing on major economies in each region –
Asia-Pacific, Western Europe, Eastern Europe, North America, South America,
Middle East, Africa.
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The global power tools market size grew from $35.96
billion in 2022 to $39.35 billion in 2023 at a compound annual growth rate (CAGR)
of 9.4%. The Russia-Ukraine war disrupted the chances of global economic
recovery from the COVID-19 pandemic, at least in the short term. The war
between these two countries has led to economic sanctions on multiple
countries, a surge in commodity prices, and supply chain disruptions, causing
inflation across goods and services, and affecting many markets across the
globe. The power tools market size is expected to grow to $53.58 billion in
2027 at a CAGR of 8.0%.
The power tools market segments in the
report are:
1) By Tool Type: Drilling and Fastening Tools,
Demolition Tools, Routing Tools, Sawing and Cutting Tools, Material Removal
Tools, Other Tool Types
2) By Mode Of Operation: Electric, Pneumatic, Other
Mode of Operations
3) By Distribution Channel: Online, Offline
4) By Application: Construction, Automotive,
Aerospace, Energy, Electronics, Other Applications
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Information On The Power Tools Market Report:
https://www.thebusinessresearchcompany.com/report/power-tools-global-market-report
The table of contents in TBRC’s power
tools market report includes:
1. Executive Summary
2. Power Tools Market
Characteristics
3. Power Tools Market Trends And
Strategies
4. Power Tools Market – Macro
Economic Scenario
5. Power Tools Market Size And
Growth
.
27. Power Tools Market Competitive Landscape And
Company Profiles
28. Key Mergers And Acquisitions
In The Power Tools Market
29. Power Tools Market Future
Outlook and Potential Analysis
30. Appendix
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