Power tool

Surgical Power Tools Market Growth Predicted at Over 5.7% Till 2026: Global Market Insights, Inc.

Retrieved on: 
Thursday, July 9, 2020
Machines, Tools, Drill, Power tool, Stapler, Surgery, Burr, Manufactured goods, Technology

SELBYVILLE, Del., July 9, 2020 /PRNewswire/ -- According to the latest report "Surgical Power Tools Market by Product (Handpiece, Disposables {Drills, Saws, Staplers, Reamers, Blades, Burrs, Shavers}, Accessories), Technology (Electric-operated Power Tools, Battery-driven Power Tools, Pneumatic Power Tools), Device Type (Large Bone Power Tools, Medium Bone Power Tools, Small Bone Power Tools, High Speed Drilling Systems), Application (Orthopedic Surgery, Dental Surgery, ENT Surgery, Neurology Surgery, Cardiothoracic Surgery), Regional Outlook, Competitive Market Share & Forecast 2026", by Global Market Insights, Inc., the market valuation of surgical power tools will cross $2.9 billion by 2026.

Key Points: 
  • SELBYVILLE, Del., July 9, 2020 /PRNewswire/ -- According to the latest report "Surgical Power Tools Market by Product (Handpiece, Disposables {Drills, Saws, Staplers, Reamers, Blades, Burrs, Shavers}, Accessories), Technology (Electric-operated Power Tools, Battery-driven Power Tools, Pneumatic Power Tools), Device Type (Large Bone Power Tools, Medium Bone Power Tools, Small Bone Power Tools, High Speed Drilling Systems), Application (Orthopedic Surgery, Dental Surgery, ENT Surgery, Neurology Surgery, Cardiothoracic Surgery), Regional Outlook, Competitive Market Share & Forecast 2026", by Global Market Insights, Inc., the market valuation of surgical power tools will cross $2.9 billion by 2026.
  • Recent electric motors in surgical power tools are more powerful as compared to the previous motors in the traditional power tools.
  • The small bone surgical power tools market is anticipated to expand at a CAGR of around 5.8% through 2026.
  • Moreover, the advent of newer technologies related to surgical power tools will enhance market growth across Germany.

Global Power Tools Market (2020 to 2024) - Insights & Forecast with Potential Impact of COVID-19 - ResearchAndMarkets.com

Retrieved on: 
Monday, July 6, 2020
Construction & Property, Other Construction & Property, Economy, Climate change mitigation, Articles, Economic development, Power tool, Urbanization, Industrialisation

The "Global Power Tools (Electric & Pneumatic) Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Power Tools (Electric & Pneumatic) Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)" report has been added to ResearchAndMarkets.com's offering.
  • The global power tools market is highly dominated by electric power tools owing to its application in construction as well as manufacturing activities.
  • The global power tools market is expected to grow in future due to rising infrastructural developments, growing urbanization and rising industrialization.
  • In terms of region, North America is the major contributor to the global power tools market supported by increasing demand for power tools among industrial and residential sectors.

Growth in Demand in the Power Tool Market Varies Greatly Through 2024

Retrieved on: 
Thursday, May 21, 2020
Power tool, Makita

CLEVELAND, May 21, 2020 /PRNewswire/ --According to the Freedonia Group study Power Tools , the COVID-19 pandemic is having a mixed effect on power tool sales.

Key Points: 
  • CLEVELAND, May 21, 2020 /PRNewswire/ --According to the Freedonia Group study Power Tools , the COVID-19 pandemic is having a mixed effect on power tool sales.
  • Demand for power tools in the consumer market is forecast to advance 2.2% per year through 2024 to $2.9 billion.
  • As a result of these improvements, demand for cordless electric tools surpassed plug-in versions in the professional market in 2019.
  • Going forward, cordless power tools are expected to continue to increase their share of electric power tool demand (excluding parts and attachments) to just under 60%.

Global Markets for Hand Tools and Accessories, 2020-2025 - Impact of COVID-19 and a Looming Global Recession - ResearchAndMarkets.com

Retrieved on: 
Wednesday, May 20, 2020
Other Manufacturing, Manufacturing, Power tool, Tool, Hand tool

The "Hand Tools and Accessories - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Hand Tools and Accessories - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
  • The global market for Hand Tools & Accessories is forecast to reach US$24.3 billion by 2025, driven by their continued relevance in building, shaping, repairing and maintaining an increasingly mechanical and engineered world.
  • The United States and Europe represent large markets worldwide with a combined share of 50% of the global market.
  • A Secure Niche for Hand Tools, Despite the Growing Threat of Powered Tools: Percentage Share Breakdown of Hand Tools and Power Tools in the Global Tools Market for the Year 2019

Power Tools Market to Reach USD 33.46 Billion by 2026; Driven by Recent Technological Advancements, says Fortune Business Insights™

Retrieved on: 
Tuesday, May 12, 2020
Power tool, Tool, Saw

PUNE, India, May 12, 2020 /PRNewswire/ -- The global power tools market size is projected to reach USD 33.46 by the end of 2026.

Key Points: 
  • PUNE, India, May 12, 2020 /PRNewswire/ -- The global power tools market size is projected to reach USD 33.46 by the end of 2026.
  • Power tools are used across numerous construction activities for purposes such as sawing, cutting, polishing, and similar activities.
  • The presence of several large scale companies will constitute an increase in the power tools market size in the foreseeable future.
  • Among these regions, the market in Asia Pacific currently holds the largest power tools market share.

Power Tools Market to Reach USD 33.46 Billion by 2026; Driven by Recent Technological Advancements, says Fortune Business Insights™

Retrieved on: 
Tuesday, May 12, 2020
Power tool, Tool, Saw

PUNE, India, May 12, 2020 /PRNewswire/ -- The global power tools market size is projected to reach USD 33.46 by the end of 2026.

Key Points: 
  • PUNE, India, May 12, 2020 /PRNewswire/ -- The global power tools market size is projected to reach USD 33.46 by the end of 2026.
  • Power tools are used across numerous construction activities for purposes such as sawing, cutting, polishing, and similar activities.
  • The presence of several large scale companies will constitute an increase in the power tools market size in the foreseeable future.
  • Among these regions, the market in Asia Pacific currently holds the largest power tools market share.

Power Tools Market to Reach $48.67 Bn, Globally, by 2027 at 4.8% CAGR: Allied Market Research

Retrieved on: 
Monday, May 11, 2020
Power tool, Pneumatics

According to the report , the global power tools market was pegged at $32.66 billion in 2019, and is projected to reach $48.67 billion by 2027, growing at a CAGR of 4.8% from 2020 to 2027.

Key Points: 
  • According to the report , the global power tools market was pegged at $32.66 billion in 2019, and is projected to reach $48.67 billion by 2027, growing at a CAGR of 4.8% from 2020 to 2027.
  • Integration of brushless motors in electric power tools, growing adoption of power tools in the construction industry, and rapid industrialization coupled with rise in infrastructure spending have boosted the growth of the global power tools market.
  • Moreover, rise in popularity of energy-efficient power tools supplemented the market growth.
  • However, high purchase costs of electric power tools and hydraulic cylinders as compared to pneumatic cylinders hamper the growth.

Power Tools Market to Reach $48.67 Bn, Globally, by 2027 at 4.8% CAGR: Allied Market Research

Retrieved on: 
Monday, May 11, 2020
Power tool, Economic growth

According to the report , the global power tools market was pegged at $32.66 billion in 2019, and is projected to reach $48.67 billion by 2027, growing at a CAGR of 4.8% from 2020 to 2027.

Key Points: 
  • According to the report , the global power tools market was pegged at $32.66 billion in 2019, and is projected to reach $48.67 billion by 2027, growing at a CAGR of 4.8% from 2020 to 2027.
  • Integration of brushless motors in electric power tools, growing adoption of power tools in the construction industry, and rapid industrialization coupled with rise in infrastructure spending have boosted the growth of the global power tools market.
  • Moreover, rise in popularity of energy-efficient power tools supplemented the market growth.
  • Get detailed COVID-19 impact analysis on the Power Tools Market: https://www.alliedmarketresearch.com/request-for-customization/1734?reqf...
    The market across North America held the largest share in 2019, contributing to nearly one-third of the market, owing to high adoption rate of electric power tools in the region.

The Global Cordless Power Tools Market to Reach Revenues of Around $23 Billion During the Period 2020−2025 - Market Research by Arizton

Retrieved on: 
Wednesday, April 8, 2020
Fields of mathematics, Actuarial science, Compound annual growth rate, Mathematical finance, Non-Newtonian calculus, Brushless DC electric motor, Power tool, Lithium-ion battery, Drill, Academic disciplines, Manufactured goods

CHICAGO, April 8, 2020 /PRNewswire/ -- According to Arizton 's recent research report, Cordless Power Tools Market - Global Outlook and Forecast 2020-2025 is expected to grow at a CAGR of over 9% during the period 20192025.

Key Points: 
  • CHICAGO, April 8, 2020 /PRNewswire/ -- According to Arizton 's recent research report, Cordless Power Tools Market - Global Outlook and Forecast 2020-2025 is expected to grow at a CAGR of over 9% during the period 20192025.
  • Key Highlights Offered in the Report:
    The global cordless power tools market is expected to pose an absolute growth of over 70% due to the development of Li-ion batteries, brushless motors, DIY activities, and precision manufacturing.
  • The drilling and fastening tools dominated the market which is expected to grow at a CAGR of over 8% during the forecast period.
  • A similar growth trend can be seen in the consumer electronics industry, thereby driving the demand for fastening tools.

Global Power Tools Market (2020 to 2024) - Growing Demand for Commercial Vehicles Presents Opportunities - ResearchAndMarkets.com

Retrieved on: 
Monday, March 23, 2020
Other Manufacturing, Manufacturing, Manufactured goods, Tools, Power tool, Hand tool, Drill, Manufacturing, Diamond tool

Power tools are devices that are powered by an additional power source other than the manual labor which is used with hand tools.

Key Points: 
  • Power tools are devices that are powered by an additional power source other than the manual labor which is used with hand tools.
  • Major advantages of power tools include high speed, greater efficiency as compared to hand tools, energy conservation, reduced operational time and greater accuracy.
  • However, power tools also pose a higher risk of injury to the user as compared to hand tools.
  • Based on tool type, power tools have been divided into drilling and fastening tools, demolition tools, sawing and cutting tools, material removal tools, routing tools and other tools.