Instant Connect

Your data is secure and never shared.

Philippines Electric Power Tools Market Outlook to 2023

By Product (Grinders, Drills, Saws, Hammers and others), By Application (Construction, Manufacturing and others), By Price Category (Premium, Medium, Low), By Distribution Channel(Direct Sales, Dealer & Retailers Sales and Online Sales), By Region, By Corded or Cordless Tools

Region:Philippines

Product Code:KR772

Download Sample Report
Published On

April 2019

Total pages

75

About the Report

Philippines Electric Power Tools Market Segmentation

By Application (Construction, Manufacturing and Others): Construction market that includes residential, farm, industrial, commercial, buildings, highways, streets and so forth dominated the power tools market in Philippines in terms of generating revenue in the year 2018. The evolving economy demanding for huge infrastructure development along with the government aided projects to develop the country’s infrastructure led to huge demand for Power Tools. On the other hand, manufacturing sector, small workshops, DIY enthusiasts, carpenters and other related jobs comparatively demanded for fewer tools due to the absence of entrepreneurial dynamism and awareness in the country.

By Product Category (Premium, Medium and Low): Medium priced tools contributed a major share in terms of generating revenues for the industry in 2018. Medium Priced Tools are largely demanded by construction companies due to affordability and pricing of the tools; whereas premium priced products serve huge construction companies and low priced products cater to residential users and small repair shops which accounted for the remaining share in the overall market revenue as of 2018.

By Product (Grinders, Drills, Saws, Hammers and Others): Grinders contributed majority of the revenue share in the overall electric power tools market in Philippines in the year 2018. This was followed by contribution from drills, saws, hammers, breakers, electric screwdrivers, routers and others.

By Distribution Channel (Direct Sales, Dealers and Retailer Sales and Online Sales): Distribution and Sales through Dealer and Retailers led overall revenue of the Power Tools Market in Philippines. Sales were mostly facilitated through this channel due to easy availability of tools and better reach to the end users. Huge construction companies have fixed dealers to facilitate their periodic purchasing that is a part of direct sales. On the other hand, online sales accounted a small share in the overall market due to lack of awareness and B2B e-commerce websites selling power tools in the country.

By Portable and Stationary Tools: Innovation of Lithium-ion batteries and mobility of power tools lead to increased demand for Portable Tools occupying majority of the market share as of 2018. On the other hand, lack of proper manufacturing stations and high cost of power tools were key reasons for reduced market share by stationary tools.

Competitive Landscape: The Electric Power Tools Market in Philippines is highly concentrated. Makita is the market leader and has the highest market share on the basis of revenue in 2018. This was followed by Hilti, Bosch, Stanley Black & Decker and Dewalt and Others. These players compete in the Power Tools market in Philippines on the basis of price, availability, after sales service and brand image.

Philippines Electric Power Tools Market Future Outlook: In future, it is anticipated that Philippines Electric Power Tools market in terms of revenue will increase at a positive CAGR during the period 2018–2023E. Technological advancements such as Artificial Intelligence and Machine Learning will lead to manufacturing of tools that are easy to operate and safer to handle. Rising trend of DIY amongst residential users and improved internet connectivity in the country will also boost demand for power tools. It is expected that the demand for cordless tools will be further augmented due to increasing customer awareness on ease of handing, improved efficiency and internet penetration in the country. It is also expected that the emergence of local manufacturing firms will lead to augmented revenue from sales of Power Tools to manufacturing firms.
 

Key Topics Covered in the Report

  • Executive Summary 
  • Research Methodology 
  • Value Chain Analysis 
  • Electric Power Tools Market, 2013-2018 
  • Electric Power Tools Market Segmentation, 2018 
  • Decision Making Parameters 
  • Porter Five Force Analysis 
  • Competition Landscape 
  • Company Profiling 
  • Competitive Landscape 
  • Market Share of Major Companies 
  • Trends and Developments 
  • Trade Scenario of Power Tools 
  • Electric Power Tools Market Future Outlook, 2018-2023 
  • Future Segmentation of Electric Power Tools Market, 2023E 
  • Analyst Recommendations

Products

Key Target Audience

  • Authorized Distributors and Dealers

  • Real Estate Construction Companies

  • Manufacturing companies

  • Automobile companies

  • Power Tools Sector


Time Period Captured in the Report:

  • Historical Period: 2012-2018

  • Forecast Period: 2018-2023E

Companies

Key Segments Covered

By Application

  • Construction Industry

  • Manufacturing Industry

  • Others

By Price Category

  • Premium Category

  • Medium Category

  • Low Category

By Product Type

  • Grinders

  • Drills

  • Saws

  • Hammers

  • Others

By Distribution Channel

  • Direct Sales

  • Dealer and Retailer sales 

  • Online Sales

By Region

  • Luzon

  • Visayas

  • Mindanao 

By Corded or Cordless Tools

  • Corded Tools

  • Cordless Tools

By Portable and Stationary Tools

  • Portable Tools

  • Stationary Tools

  • Companies Covered:

  • Makita

  • Hilti

  • Bosch

  • Stanley Black & Decker and Dewalt

Table of Contents

1. Executive Summary

2. Research Methodology

2.1 Definitions 
2.2 Abbreviations Used 
2.3 Market Size and Modelling

3. Value Chain Analysis

3.1 Role of Major Entities in Value Chain

4. Electric Power Tools Market, 2013-2018

4.1 Electric Power Tools Market Size, 2013-2018
4.2 Major Growth Drivers 
4.3 Market Restraints

5. Electric Power Tools Market Segmentation, 2018

5.1 By Application (Construction, Manufacturing and Others), 2018
5.2 By Price Range (Premium, Medium and Low), 2018
5.3 By Product Type (Grinders, Saws, Drills, Hammer and Others), 2018
5.4 By Distribution Channel (Direct Sales, Dealer and Retailer Sales and Online Channel), 2018
5.5 By Region (Luzon, Visayas and Mindanao), 2018
5.6 By Corded or Cordless, 2018
5.7 By Portable and Stationary, 2018

6. Decision Making Parameters

7. Porter Five Forces Analysis

8. Competition Landscape

8.1 Competition Parameters

9. Company Profiles

9.1Hilti 
9.2 Makita 
9.3 Bosch 
9.4 Stanley Black & Decker And Dewalt

10. Competitive Analysis

10.1 Strength and Weakness

11. Market Share of Major Companies, 2018

12. Trends and Developments

13. Trade Scenario - Export and Import, 2013-2017

14. Electric Power Tools Market Future Outlook, 2018-2023E

15. Future Segmentation of Electric Power Tools Market, 2018-2023E

15.1 By Application (Construction, Manufacturing and Others), 2023E
15.2 By Price Range (Premium, Medium and Low), 2023E
15.3 By Product Type (Grinders, Drills, Saws, Hammer and Others), 2023E
15.4 By Distribution Channel (Direct Sales, Dealer and Retailer Sales and Online Channel), 2023E
15.5 By Region (Luzon, Visayas and Mindanao), 2023E
15.6 By Corded or Cordless, 2023E
15.7 By Portable and Stationary Tools, 2023E

16. Analyst Recommendations

Disclaimer Contact Us

Why Buy From Us?

RRR
Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

Our Reach Is Unmatched
Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Research
Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

Insite
More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Trust
Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

support
Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository
150+ Consulting project a year
100+ Analysts
8000+ Client Queries in 2022