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Power Tools Market 2023 - Growth by Regional Segments, Upcoming Business Strategies, Industry Revenue And Forecast by 2032

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Power Tools Market 2023 - Growth by Regional Segments, Upcoming Business Strategies, Industry Revenue And Forecast by 2032

The Power Tools Global Market Report 2023, provides comprehensive information on the power tools market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.


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As per The Business Research Company’s Power Tools Global Market Report 2023, the rapid expansion of the construction industry is expected to propel the growth of the power tools market going forward. The construction industry is a manufacturing and trade division focusing on building, maintaining, and repairing structures. Power tools are employed in construction as they give greater efficiency, accuracy, and worker safety. For instance, according to Invest India, an India-based investment and promotion agency, the Indian construction equipment sector revenue stood at $6.5 billion in 2020 and is expected to the growth by an average of 7.1% by 2025. Therefore, the rapid expansion of the construction industry drives the power tools market.


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The power tools market is segmented:

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


Asia-Pacific was the largest region in the power tools market in 2022.


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


26. Africa Power Tools Market

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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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology, with 6500+ reports. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.


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