Industrial Power Tools Market

An Industrial Power Tools is a tool that is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools. The most common types of Industrial Power Tools use electric motors. Internal combustion engines and compressed air are also commonly used. Other power sources include steam engines, direct burning of fuels and propellants, or even natural power sources like wind or moving water. Tools directly driven by animal power are not generally considered Industrial Power Tools. Industrial Power Tools are used in industry, in construction, in the garden, for housework tasks such as cooking, cleaning, and around the house for purposes of driving (fasteners), drilling, cutting, shaping, sanding, grinding, routing, polishing, painting, heating and more. Industrial Power Tools are classified as either stationary or portable, where portable means hand-held. Portable Industrial Power Tools have obvious advantages in mobility. Stationary Industrial Power Tools however often have advantages in speed and accuracy, and some stationary Industrial Power Tools can produce objects that cannot be made in any other way. Stationary Industrial Power Tools for metalworking are usually called machine tools. The term machine tool is not usually applied to stationary Industrial Power Tools for woodworking, although such usage is occasionally heard, and in some cases, such as drill presses and bench grinders, exactly the same tool is used for both woodworking and metalworking.

Industrial Power Tools Market contains market size and forecasts of Industrial Power Tools in global, including the following market information:

Global Industrial Power Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Industrial Power Tools Market Sales, 2017-2022, 2023-2028, (M Units)

Global top five Industrial Power Tools companies in 2021 (%)

The global Industrial Power Tools market was valued at 28120 million in 2021 and is projected to reach US$ 39760 million by 2028, at a CAGR of 5.1% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Lithium-Ion Battery Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Industrial Power Tools include Stanley Black?Decker (DeWalt), Bosch, TTI, Makita, HiKOKI, Hilti, Einhell, Snap-on and DEVON (Chevron Group), etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Industrial Power Tools manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Industrial Power Tools Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Industrial Power Tools Market Segment Percentages, by Type, 2021 (%)

Lithium-Ion Battery

Ni-Cad Battery

NiMH Battery

Others

Global Industrial Power Tools Market, by Field, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Industrial Power Tools Market Segment Percentages, by Field, 2021 (%)

Construction

Industrial

Others

Global Industrial Power Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (M Units)

Global Industrial Power Tools Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Industrial Power Tools revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Industrial Power Tools revenues share in global market, 2021 (%)

Key companies Industrial Power Tools sales in global market, 2017-2022 (Estimated), (M Units)

Key companies Industrial Power Tools sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

Stanley Black?Decker (DeWalt)

Bosch

TTI

Makita

HiKOKI

Hilti

Einhell

Snap-on

DEVON (Chevron Group)

Festool

Apex Tool Group

Dongcheng

C. & E. Fein

Zhejiang Crown

Positec Group

Jiangsu Jinding

KEN