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The global power tools market size was USD 25.79 Billion in 2021 and is expected to register a revenue CAGR of 4.5% during the forecast period, according to latest analysis by Emergen Research. Rising construction and manufacturing industries especially in emerging countries, and rising usage of cordless power tools are some of the key factors driving revenue growth of the market.

The report on the Power Tools market is formed through broad essential and auxiliary examination alongside subjective and quantitative investigation of crucial parts of the market. The clever information is additionally approved and checked by the business experts. The report endeavors to offer further experiences into the general market situation of the Power Tools business circle.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Power Tools market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

Apex Tool Group, LLC., Emerson Electric Co., Ingersoll Rand, Atlas Copco, Robert Bosch GmbH, Stanley Black & Decker, Inc., Techtronic Industries Co. Ltd., Hilti Group, Makita Corporation, and Koki Holdings Co., Ltd

Click to access the Report Study, Read key highlights of the Report and Look at Projected Trends: https://www.emergenresearch.com/industry-report/power-tools-market

Emergen Research has segmented the global Power Tools market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

Mode of Operation Outlook (Revenue, USD Billion; 2019-2030)
Electric
Cordless
Corded
Pneumatic
Others
Product Outlook (Revenue, USD Billion; 2019-2030)
Wrenches
Grinders
Drills
Saws
Others
Application Outlook (Revenue, USD Billion; 2019-2030)
Industrial
Residential
The various regions analyzed in the report include:

North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
Key Objectives of the Report:

Analysis and estimation of the Power Tools Market size and share for the projected period of 2022-2030
Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape
Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Power Tools Market
Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments
Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities
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