The Global Portable Power Tools Market is forescasted to grow at a CAGR of 6.41% during the period 2018-2022.
20:15 ET
NEW YORK, Oct. 17, 2018 /PRNewswire/ -- About Portable Power Tools
A portable power tool is a device that is activated by an electric power source, unlike manual or pneumatic tools. Various types of power tools include electric screwdrivers, hammer drills, and screw guns.
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Technavio's analysts forecast the global portable power tools market to grow at a CAGR of 6.41% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global portable power tools market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA
Technavio's report, Global Portable Power Tools Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
• Hilti
• Koki Holdings
• Makita Corporation
• Robert Bosch
• Stanley Black & Decker
• Techtronic Industries
Market driver
• Increasing demand for DIY tools in developed countries
• For a full, detailed list, view our report
Market challenge
• Low penetration of portable power tools in developing and emerging countries
• For a full, detailed list, view our report
Market trend
• Portable power tools with smart technologies
• For a full, detailed list, view our report
Key questions answered in this report
• What will the market size be in 2022 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.
Read the full report: https://www.reportlinker.com/p05589834
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