5.1% CAGR Growth in Power Tool Accessories Market due to the increase in sales of passenger cars - Technavio
Power Tool Accessories Market 2023-2027: Key Highlights
- Power Tool Accessories Market 2023-2027: Key Highlights
The Power Tool Accessories industry encompasses a wide range of products including drill bits, saw blades, and abrasive wheels, among others. - These accessories enhance the functionality and performance of power tools, catering to various applications such as cutting, grinding, and sanding.
- Additionally, power tool accessories like batteries, chargers, and attachments contribute to market growth by offering versatility and convenience to users.
- The power tool batteries market size is forecast to increase by USD 1.52 billion and is estimated to grow at a CAGR of 8.1% between 2023 and 2027.