Global Power Tools Market capacity is projected to grow robustly by 2025
Intelligence Market Research has Published New Market Research Report on – “Power Tools Market – Global Industry Analysis, Size Overview, Trends, Growth and Forecast by 2025.”
A power tool is a tool that is actuated by an additional power source and mechanism other than the manual labor used with hand tools and most common power tool uses an electric motors. The tools are used for construction and several DIY jobs such as production, assembly, packaging, and maintenance.
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Major Players Covered in this Report:
· Robert Bosch
· Emerson Electric
· Stanley Black & Decker
· Makita
· Atlas Copco
· Aimco Global
· Ingersoll-Rand
· TTS Tooltechnic Systems (Festool)
· Techtronic Industries (TTI)
· Panasonic
Drivers:
Rising Opportunities For Assembly Power Tool Providers
The industrial manufacturing sector has been one of the top assembly power tool buying industries for years, and this trend is expected to continue. Making its way through continuous processes power tools helps major automation construction in manufacturing area such as, weld shops, press shops, cast shops and paint shops
Restraints:
Manufacturing Lightweight And Ergonomic Power Tools
These advances in tools also have created new challenges involving the complex interactions between users and their tools. Improper hand tool selection has been known to result in injuries, variable quality of work and decreased efficiency and productivity.
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Market outlook:
Drilling and fastening tools hold the major market share among all other tool types in the power tools market, and a similar trend is likely to continue during the forecast period.
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