The Power Tools Global Market Report 2023, provides comprehensive information on the power tools market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Power Tools Market’s Growth:
https://www.thebusinessresearchcompany.com/report/power-tools-global-market-report
As per The Business Research Company’s Power Tools Global Market Report 2023, the rapid expansion of the construction industry is expected to propel the growth of the power tools market going forward. The construction industry is a manufacturing and trade division focusing on building, maintaining, and repairing structures. Power tools are employed in construction as they give greater efficiency, accuracy, and worker safety. For instance, according to Invest India, an India-based investment and promotion agency, the Indian construction equipment sector revenue stood at $6.5 billion in 2020 and is expected to the growth by an average of 7.1% by 2025. Therefore, the rapid expansion of the construction industry drives the power tools market.
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The power tools market is segmented:
1) By Tool Type: Drilling and Fastening Tools, Demolition Tools, Routing Tools, Sawing and Cutting Tools, Material Removal Tools, Other Tool Types
2) By Mode Of Operation: Electric, Pneumatic, Other Mode of Operations
3) By Distribution Channel: Online, Offline
4) By Application: Construction, Automotive, Aerospace, Energy, Electronics, Other Applications
Asia-Pacific was the largest region in the power tools market in 2022.
The table of contents in TBRC’s power tools market report includes:
1. Executive Summary
2. Power Tools Market Characteristics
3. Power Tools Market Trends And Strategies
4. Power Tools Market – Macro Economic Scenario
5. Power Tools Market Size And Growth
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26. Africa Power Tools Market
27. Power Tools Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Power Tools Market
29. Power Tools Market Future Outlook and Potential Analysis
30. Appendix
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