According to Goldstein Research, cordless power tools market estimated at USD 14.6 billion in 2016, which is estimated to reach USD 21.4 billion by 2024, growing at a CAGR of 4.8% over the forecast period 2016-2024.
With rising penetration of cordless power tools among the consumers and growing demand on the international scale, new players are anticipated to enter the market and provide competition with major manufacturers, who have the significant contribution to growth in innovations. Further geographically, global cordless power tools industry is dominated by North America, owing to the fast-growing construction industry that can surpass China in next 15 years. North America is followed by Europe with a market share of 25% in 2016.
Global Cordless Power Tools Market can be segmented as follows:
By Product Type
- Drills Market Analysis, 2016-2024
- Impact Drivers Market Analysis, 2016-2024
- Impact Wrenches Market Analysis, 2016-2024
- Reciprocating Saws Market Analysis, 2016-2024
- Polisher/Sander Market Analysis, 2016-2024
- Other (Adhesive Dispensers etc.) Market Analysis, 2016-2024
By Power Output
- 7v-15v Cordless Power Tools Market Analysis, 2016-2024
- 12v-18v Cordless Power Tools Market Analysis, 2016-2024
- 18v-36v Cordless Power Tools Market Analysis, 2016-2024
By End Users
- North America Cordless Power Tools Market Analysis, 2016-2024
- Europe Cordless Power Tools Market Analysis, 2016-2024
- The Middle East And Africa Cordless Power Tools Market Analysis, 2016-2024
- Latin America Cordless Power Tools Market Analysis, 2016-2024
- Asia Pacific Cordless Power Tools Market Analysis, 2016-2024
- Rest Of The World Cordless Power Tools Market Analysis, 2016-2024
“Global Cordless Power Tools Market Outlook 2024” contains the detailed overview of the global cordless power tools market. On the basis of our in-depth analysis, the market can be segmented in terms of market segmentation by product type, power output, end users and geography.
The Global Cordless Power Tools Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The in-depth analysis of cordless power tools market report will help the clients to assess their business strategies as per the competitive environment in the market space.
Major players of the global cordless power tools market discussed in the report are Techtronic Industries, Makita, Robert Bosch, Stanley Black & Decker, Atlas Copco, Hilti, Hitachi Koki, Husqvarna, Snap-on, Milwaukee Tools, Ingersoll Rand, etc.
Further, Global Cordless Power Tools Market Report encompasses the major trends & growth opportunities, market dynamics and other growth factors. The Cordless Power Tools Market Share also comprises of key challenges for the market players, risk analysis, SWOT Analysis, BPS analysis and Market Attractiveness. Report overview of the market post analysis of the economic, political, environmental & social factors of each region and country.complete also includes the expert analysis which provides
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