Power Tools Market in the US 2017-2021

NEW YORK, Aug. 17, 2017 /PRNewswire/ -- Power tools facilitate industrial and other operations, which would either be impossible or very time-consuming and inefficient if performed manually. Power tools offer an excellent replacement for hand tools owing to their greater efficiency. Besides being used for drilling, sawing, grinding, etc., power tools have a number of other uses and applications. Several industries also use custom-built power tools to accomplish specific jobs.


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Technavio's analysts forecast the power tools market in the US to grow at a CAGR of 3.83% during the period 2017-2021.

Covered in this report
The report covers the present scenario and the growth prospects of the power tools market in the US for 2017-2021. To calculate the market size, the report considers the demand from end-users.

Technavio's report, Power Tools Market in the US 2017-2021, 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
• Stanley Black & Decker,
• Robert Bosch Tool,
• Makita,
• Techtronic Industries,
• the Apex Tool Group.

Other prominent vendors
• Andreas Stihl
• Atlas Copco AB
• C. & E. Fein GmbH
• Danaher
• Harbor Freight Tools
• Hilti
• Hitachi Koki
• Illinois Tool Works
• MAFELL
• Panasonic Corporation of North America
• Positec
• Snap-on Incorporated
• TTS Tooltechnic Systems

Market driver
• Growth in construction activities
• For a full, detailed list, view our report

Market challenge
• High price of Li-ion batteries
• For a full, detailed list, view our report

Market trend
• Wireless/inductive charging for power tools
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2021 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?

Read the full report: http://www.reportlinker.com/p01095409/Power-Tools-Market-in-the-US.html

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