Asia-Pacific power tools market is projected to register a CAGR of 5.5% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.
Market Segmentation:
Asia-Pacific Power Tools Market, By Type (Sawing and Cutting Tools, Drilling and Fastening Tools, Demolition Tools, Routing Tools, Portable Nibblers, Air-Powered Tools, Material Removal Tools, Electric Cords and Plugs, Accessories and Others), Mode of Operation (Electric, Liquid Fuel Tool, Hydraulic, Pneumatic and Powder-Actuated Tools), Application (Concrete and Construction, Woodworking, Metalworking, Welding and Others), Material (Concrete, Wood/Metal, Brick/Block, Glass and Others), End User (Industrial/Professional and Residential), Sales Channel (Indirect Sales and Direct Sales), Country (China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines and Rest of Asia-Pacific) Industry Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Asia-Pacific power tools market are:
• Increasing trends of smart woodwork
• Features of faster and accurate operations.
Market Players
The key market players for Asia-Pacific power tools market are listed below:
• Atlas Copco AB
• Stanley Black & Decker, Inc.
• Snap-on Incorporated
• Robert Bosch GmbH
• Koki Holdings Co., Ltd.
• Emerson Electric Co.
• Festool GmbH
• KYOCERA Corporation
• Ingersoll Rand
• Makita Corporation
• Hilti AG
• Husqvarna AB
• Techtronic Industries Co. Ltd
• Apex Tool Group, LLC.
• INTERSKOL
• Ferm International B.V.
• 3M
• C. & E. Fein GmbH