World power tool demand is forecast to increase 4.5 percent annually through 2016 to $28.1 billion. The Asia/Pacific region will be the fastest growing market, followed by North America. In the US, gains will be driven by a rebound in housing starts and manufacturing activity. Cordless electric tools will be the fastest growing segment.This study analyzes the $22.5 billion world power tool industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by type (electric, pneumatic, engine-driven), electric product (e.g., drills; saws; sanders, polishers and grinders), electric power source (plug-in, cordless), 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 players such as 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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