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Download Free sampleThe global Cordless Power Tools market was valued at 3034.86 Million USD in 2021 and will grow with a CAGR of 6.08% from 2021 to 2027, based on newly published report.
The prime objective of Cordless Power Tools Market is to provide the insights on the post COVID-19 impact wwhich will help market players in this field evaluate their business approaches. Also, Cordless Power Tools Market covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
A power tool is a tool that is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools. Cordless Power Tools are just that, power tools that do not have a cord because they are powered by a battery or battery pack. Cordless power tools offer the utmost in convenience and flexibility.At present, the major players of Cordless Power Tools in the world include TTI, Stanley Black & Decker, Robert Bosch, Makita, HiKOKI, Stihl, Husqvarna, Snap-on Incorporated, Greenworks, Hilti, Dongcheng, Festool, Positec Group, etc. Among which TTI is the world`s largest Cordless Power Tools manufacturer, its market share is about 16%. North America holds a big market share of the Cordless Power Tools market and accounted for over 30% of the global revenue share. The region is characterized by the presence of a large number of service providers, especially in the USA. Asia Pacific, Latin America also play important roles in this market. There has been a shift from corded to cordless power tools. While corded tools still possess considerable sales, the shift to cordless is substantial. Cordless power tools include batches of battery-powered tools like saws, outdoor gardening power tools, hammer drills, impact drivers, impact wrenches and many others. These tools are ideal for welding, sanding, cutting, metalworking and other applications.
By Market Verdors:
TTI
Stanley Black & Decker
Bosch
Makita
HiKOKI
Stihl
Husqvarna
Snap-on Incorporated
Greenworks
Hilti
Dongcheng
Festool
Positec Group
CHERVON
Yamabiko
C. & E. Fein
Apex Tool Group
Einhell
Emerson
Jiangsu Jinding
Chicago Pneumatic
Emak
Blount
KEN
Fortive
ITW
By Types:
Drill
Saw
Hammers
Wrenches
Screwdrivers
Outdoor Power Equipment
By Applications:
Application A
Application B
Others
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market?s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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