power tools market in apac 2015-2019
TRANSCRIPT
Covered in this Report
• The report covers the present scenario and the growth prospects of the power tools market in APAC for the period 2015-2019.
• Technavio's report, the Power Tools Market in APAC 2015-2019, 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 in the coming years.
• The report also includes a discussion of the key vendors operating in this market.
Power Tools Market in APAC 2015-2019
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Market Overview• Power tools facilitate increased ease and convenience
to manufacture products.
• Engine-driven power tools, electric power tools, and pneumatic power tools are the major types of power tools available in the market.
• Engine-driven power tools use gasoline for their operation, whereas pneumatic power tools operate with the effective deployment of compressors.
• Power tools are used for several operations such as screwdriving, drilling, chiseling, planing, routing, sanding, buffing, polishing, and levelling
• Technavio's analysts forecast the power tools market in APAC to grow at a CAGR of 5.03% over the period 2015-2019.
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Key Vendors and Regions
• Bosch
• Makita
• Stanley Black & Decker
• Techtronic Industries
• Actuant
• Blount International
• BOSUN Tools
• Emerson Electric
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• APAC
Vendors Regions
USA – CANADA – UK – CHINA – INDIA
Key Findings
• Emerging countries will likely provide an opportunity for sustained growth of power tool vendors.
• Rising industrialization and urbanization in emerging countries will have a positive impact on the power tool market, as vendors can maximize their market share and revenue from these countries.
• While Chinese consumers have traditionally perceived construction and repair as jobs meant for professionals, this perception is changing.
• More consumers have become self-reliant in maintaining their own households, and a sharper focus on customizing home renovation and decoration has made users opt for power tools.
• Most end-users are price-sensitive, which poses a challenge for major power tool vendors in the market.
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Key Questions Answered in Our Report
• What will the market size be in 2019 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?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
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About Technavio
Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo
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Power Tools Market in APAC 2015-2019
65 Pages | SKU: IRTNTR5946
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