Global Power Tools Industry is expected to reach revenue of US$ 50 Billion by 2028: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit What Is the Size of Global Power Tools Industry? Global Power Tools market is growing at a CAGR of ~% in 2017-2022 and is expected to reach ~USD Bn by 2028F. The Power Tools Market is largely driven by growing automotive industry, and rising adoption of power tools in households as an increasing trend towards do-it-yourself (DIY). In car production over 55 different types of power tools are used including torque wrenches, impact drivers, air wrenches, power drills, polishing machines, air compressors, spray guns, and others. According to the Indian Brand Equity Foundation (IBEF), a semi-government trust formulated by the department of commerce mentioned that India’s passenger car market was valued at US$ ~33 billion in 2021, and it is expected to reach a value of US$ ~55 billion by 2027. The increasing production of vehicles is likely to boost the demand for the power tools market. Steel, aluminum, zinc, and others are the key material used in manufacturing power tools. Apart from this, batteries, motors, and other electronic components are used in the production of power tools. COVID-19 has decelerated the growth of the power tools market. This is because of the temporary shutdown of assembly lines, disruption of the supply chain, restriction on manufacturing and construction activities, and decline in the sale of automobiles. But as the market is recovering and restrictions are easing down, it is estimated that the power tools market will recover within the forecasted period. Global Power Tools Market By Product Type The Global Power Tools market is segmented by Product type into Drills, Saws, Wrenches, Grinders, Sanders and Others. The Drills segment held the largest market share of the global power tools market in 2022. Automotive production, assembly lines, and automobile repair shops are driving the demand for drill power tools. Drill is a machine used for drilling holes in solid materials like metal, wood, and others. Drill machines are used in multiple industries such as construction, automobile, transportation, and electronic equipment. Request For Free Sample Report @ https://www.kenresearch.com/sample-report.php?Frmdetails=NTk2MDMw In January 2022, Bosch Power Tools, the global leader in power tools and power tool accessories, launched a new hammer drill/driver under the PROFACTOR system. The hammer drill/driver includes Bosch Power Tools BITURBO Brushless technology to help energize the next generation of high-powered cordless tools. Market Taxonomy By Product Drills Saws Wrenches Grinders Sanders Others By Mode of Operation Electric Pneumatic By End-User Industrial Residential Ask For Customization @ https://www.kenresearch.com/ask-customization.php?Frmdetails=NTk2MDMw By Geography North America USA Canada Mexico Europe Germany UK France Spain Italy Rest of Europe Asia Pacific China Japan South Korea India Australia Rest of Asia Pacific LAMEA Latin America Middle East Africa For more information on the research report, refer to below link:- Global Power Tools Market Post Views: 3 Tags: 3M Power Grinders Market Revenue, Atlas Copco Electric Assembly Tools Market, Bosch Cordless Power Tool Market, Component Suppliers for Power Tools Manufacturers, Corded Power Tools Market, Cordless Power Tools Market, Drill Power Tools Market, Electric Tools Manufacturers, Europe Power Tools Market Analysis, Global electric power tools market, Global Power Tool Kits, Global Power Tools Demand, Global Power Tools Equipment Market, Global Power Tools Industry, Global Power Tools Market, Global Power Tools Market Manufacturers, Grinder Power Tools Market, Industrial Power Tools Market, Ingersol Construction Tools Market Share, Investment Banks Targeting Electric Tools Manufacturers, Latin America Power Tools Market, Leading Power Tool Companies, Makita Cordless Tools Market, Middle East Power Tools Market Share, North America Power Tools Market, Opportunities in Power Tools Market, Pneumatic Power Tools Market, Power Tool Manufacturing Companies, Power Tools Distributors and Traders, Power Tools Industry Outlook, Power Tools Manufacturers and Suppliers, Power Tools Manufacturing Companies, Power Tools Market End Users Industry, Power Tools Market Trends, Power Tools Material Supplier Companies, Residential Power Tools Market, Saw Power Tools Market, Snap-on Power Tools Electric Market, Techtronic Milwaukee Power Tools Market, Top Power Tool Dealers Globally