Nov 16, 2017   SOURCE: BusinessWire

Global Power Tools Market 2017-2021 with Apex Tool Group, Makita, Robert Bosch, Stanley Black & Decker & Techtronic Industries - Research and Markets

The "Global Power Tools Market 2017-2021" report has been added to Research and Markets' offering.

The global power tools market to grow at a CAGR of 4.77% during the period 2017-2021.

Global Power Tools Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is Wireless battery charging technology. Cordless, battery-powered electric power tools have been available in the market for several years, but their adoption has been slow due to functional issues with battery operated tools, including long charge times and short duration of the operation. Most of the existing battery-powered power tools require the removal of the battery pack from the tool for charging.

However, the rising number of complaints and feedback from end-users regarding the time consuming and cumbersome charging process has led to the development of wireless charging batteries for power tools. The adoption of this technology is expected to boost the market demand for cordless power tools.

Key Market Trends

  • Wireless battery charging technology
  • Switch from Ni-Cd to Li-ion battery chemistry
  • Product innovations in power tools market

Key vendors

  • Apex Tool Group
  • Makita
  • Robert Bosch
  • Stanley Black & Decker
  • Techtronic Industries

Other prominent vendors

  • ANDREAS STIHL
  • Atlas Copco
  • C. & E. Fein
  • CHERVON (China) Trading
  • Emerson Electric
  • Evolution Power Tools
  • Hilti
  • Hitachi Koki
  • Illinois Tool Works
  • INTERSKOL
  • JET Tools
  • Josch Group
  • Master Air Tool
  • Nemo Power Tools
  • Panasonic
  • Positec Tool
  • Snap-on
  • Triton Tools

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Introduction

Part 05: Market Landscape

Part 06: Market Segmentation By Technology

Part 07: Regional Landscape

Part 08: Decision Framework

Part 09: Drivers And Challenges

Part 10: Market Trends

Part 11: Vendor Landscape

Part 12: Key Vendor Analysis

Part 13: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/gks579/global_power