The Indian power tool market was valued at $ XX billion in 2018 and is expected to reach $ XX billion in 2026, at a CAGR of XX% during a forecast period.
The report study looked at the revenue impact of the covid-19 pandemic on the sales revenue of market leaders, market followers and disruptors in the report, and the same is reflected in our analysis.
Growth in sales of power tools in India is predisposed by macroeconomics, robust growth in the industrial sector in India, increased car sales, increased consumer confidence, the emergence of durable and economical multifunctional power tools, the transition from consumer preference for ethical DIY and increased online retail sales.
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Factors such as unavailability of qualified labor and high costs involved in hiring professionals for basic services in the main cities of the country are expected to create great opportunities and boost the demand for power tools in the domestic market.
Thanks to rapid urbanization and industrialization, the construction sector is expected to dominate the power tool market in the expected period. The power tools segment is estimated to account for 56.6% market share in India in terms of value by the end of 2026. The report further divided electricity into power tellers segmented into power tellers and cordless power tools. The detailed analysis of both sub-segments is covered in the report.
The Indian market for power tools is a market driven by imports, with a large proportion of products imported from Germany, China, the United Arab Emirates, Japan, Korea and others. The main players usually set up a factory in China, but use German technology to build powerful tool equipment, which is finally imported by India.
A recent development in the Indian power tools market: in March 2017, Bosch Power Tools India announced the offering of a diverse range of power tools for the construction, metalworking and woodworking industry.
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Scope of India’s power tool market
India’s power tool market by technology
• Eletric tools
o Corded power tools
o Cordless power tools
• Pneumatic power tools
Power tool market in India, by tool types
• Metal segment
• Concrete segment
• Wood segment
Indian power tool market by vertical
Main players operating in the Indian power tool market
• Atlas Copco (India) Ltd.
• Bosch Limited
• FEIN Power Tools India Unip. Ltd.
• Hilti India Pvt. Ltd.
• Hitachi Koki India Pvt. Ltd.
• Kulkarni Power Tools Ltd. (KPT)
• Makita Power Tools India Pvt. Ltd.
• Snap-on Inc.
• Stanley Black & Decker India Pvt. Ltd.
• Industries Techtronic Co. Ltd
• Festool (TTS)
MAIN TOC OF THE REPORT
Chapter One: Overview of the Power Tool Market in India
Chapter Two: Manufacturer Profiles
Chapter three: Global competition in the power tool market in India, by players
Chapter Four: Global Size of the Power Tool Market in India by Regions
Chapter Five: North American Power Tool Revenue in India by Countries
Chapter Six: Europe India Power Tool Revenue by Countries
Chapter Seven: India’s Asia Pacific Power Tool Revenue by Countries
Chapter Eight: Revenue from Power Tools in South America in India by countries
Chapter Nine: Revenue from the Middle East and Africa Power Tool from India by countries
Chapter Ten: Global Power Tools Market Segment by Type
Chapter Eleven: Global power tools market segment in India by application
Chapter Twelve: Global Power Market Forecast for India (2019-2026)
See the full report with facts and figures from the Indian power tool market report at: https://www.maximizemarketresearch.com/market-report/india-power-tool-market/31817/
Maximize Market Research provides B2B and B2C market research on 20,000 emerging technologies and high growth opportunities in the sectors of Chemistry, Health, Pharmaceuticals, Electronics and Communications, Internet of Things, Food and Beverage, Aerospace and Defense and other manufacturing sectors.
Name: Vikas Godage
Organization: MAXIMIZE PVT MARKET RESEARCH. LTD.
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