MRRSE has announced the addition of the “Power Tools Market By Technology (Electric, Pneumatic, Engine driver, Hydraulic and Powder-actuated), By Application (Automobiles, Construction, Aerospace and Electronics) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021” report to their offering.

1. Power Tools Industry Survey, Comprehensive Analysis,
Growth and Major Policies Report
Report Description
Power tools are primarily used in manufacturing and
construction industry for the purpose of reducing workload
and increasing the output. These tools have several types of

2. operation such as drilling, chiseling, sanding and screw
driving among others. The market has been analyzed to grow
steadily due to the increasing need for infrastructure
development in emerging economies.
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tools-market
There are various types of tools such as electric, pneumatic,
which are operated with the help of external power sources.
The economic condition in the developing nations such as
India and China is changing which is creating a demand for
urbanization. The power tools are one of the primary
equipments in the construction industry. Furthermore, the

3. rising concept of DIY technique is creating the demand of
power tools in the residential sector. In addition, easy
availability of these tools on e-commerce websites is also
aiding to the growth of the market. Moreover, the use of the
power tools reduces the time of the output.
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The idea of DIY was previously restricted to the developed
regions like U.S. and the U.K. However, the changing
lifestyle and increasing disposable income in the emerging
economies is driving the idea of DIY thereby increasing the
sale of power tools. In addition, the manufacturing industry

4. is gradually recovering from the economic slowdown. This is
return is creating a demand for the power tools market in
the industrial sector.
However, one factor that is hampering the growth of power
tools is the additional maintenance cost associated with it.
The power tools once bought require continuous maintenance
over a period of time, is limiting the demand in the market.
Moreover, in some case, the contractors with limited funding
take these tools on lease, which in turn blocks new market
for power tools especially in developing nations. This factor
is acting as a restraint for the market during forecast period.

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This report projection has been provided in terms of revenue
(USD Million) from 2015 to 2021. Furthermore, the drivers
and the restraints affecting the power tools market over the
forecast period have also been covered in the study. In
addition, the opportunities that are expected to help the
market in future have also been discussed.
The power tools industry has been divided into three
categories: by technology, by application and by geography.
In terms of technology, the market has been further
segmented into electric power tools, engine driven power

6. tools, pneumatic power tools, powder-actuated power tools
and hydraulic power tools. By application, the market has
been segregated into automobile, construction, aerospace and
electronic application. Furthermore, the market has been
segregated geographically into four regions: North America,
Europe, Asia Pacific and Rest of the world. Each of these
segments has been analyzed in terms of revenue (USD
Million).
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