Portable Grinders Key Business Opportunities Along With Potential Challenges
Portable Grinders Market: Introduction
A portable grinder is a type of handheld power tool which is used for grinding and polishing. Portable grinders are widely adopted among users in developed countries owing to its reliability, compactness, long life, and low maintenance, apart from the fact that they are increasingly available across specialty stores in these countries. Portable grinders are available in two types, corded portable grinders and cordless portable grinders. People generally prefer corded portable grinders. Additionally, brand consciousness among customers for power tools including portable grinders is increasing and this enhances revenue of established brands and raises the average selling price of the portable grinders.
Portable Grinders Market: Competitive Landscape
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Robert Bosch GmbH
Established in 1886, Robert Bosch GmbH is based in Gerlingen, Germany. It operates as an engineering and electronics company. The company’s business sectors include consumer goods, industrial technology, mobility solutions, and energy and building technology. Its product portfolio comprises power tools, accessories, security systems, heating systems, household appliances, eBike systems, and solar inverters. It also offers industry solutions, packaging technology, and business process management solutions.
Hilti Corporation
Founded in 1941, Hilti Corporation is headquartered in Schaan, Liechtenstein. The company is specialized in designing, manufacturing, and marketing power tools for building maintenance, construction, energy, and manufacturing industries. It has employee strength of over 28,000 people and business operations in more than 120 countries.
Makita Corporation
Incorporated in 1915, Makita Corporation, a power tools manufacturing company is based in Anjo, Aichi Prefecture, Japan. The company owns 10 operating plants in eight countries. It operates its factories in Japan, China, Germany, U.K., Brazil, Romania, Mexico, and the U.S.