Global power tool demand will rise 4.8 percent per year through 2018 to $32.9 billion. The US will remain the largest market, while China and India remain the fastest growing. Cordless electric tools will outpace the larger corded power tool segment. The dominant professional market will outpace consumer demand.This study analyzes the $26 billion world power tool industry. It presents historical demand data (2003, 2008 and 2013) and forecasts (2018 and 2023) by product (e.g., drills; saws; sanders, polishers and grinders), electric power source (plug-in electric, cordless electric, pneumatic), market (professional, consumer), world region, and for 25 countries.The study also considers market environment factors, details industry structure, evaluates company market share, and profiles 34 industry participants, including Stanley Black & Decker, Bosch, and Makita.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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