DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/gfxwcb/power_tools) has announced the addition of the "Power Tools Market in APAC 2015-2019" report to their offering.
The power tools market in APAC to grow at a CAGR of 5.03% over the period 2015-2019.
The report, the Power Tools Market in APAC 2015-2019, 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 in the coming years. The report also includes a discussion of the key vendors operating in this market.
Rising industrialization and urbanization in emerging countries will have a positive impact on the power tool market, as vendors can maximize their market share and revenue from these countries. China is slowly shifting its focus towards domestic consumption, which will help Chinese vendors reduce the risks associated with depending solely on export revenues.
According to the report, globalization has intensified competition in almost every industry, and this holds true for the global power tools market. Power tools such as buffing and polishing machines are widely used across several industries to develop superior-quality products.
Further, the report states that market competition has intensified YoY, which has triggered price wars and reduced vendor profit margins. Many vendors are offering lower-priced products to cost-conscious customers in a bid to hike their market shares.
Key Vendors
- Bosch
- Makita
- Stanley Black & Decker
- Techtronic Industries
Other Prominent Vendors
- Actuant
- Blount International
- BOSUN Tools
- Emerson Electric
- Hangzhou Great Star Industrial
- Hilti
- Hitachi Koki
- Jiangsu Dongcheng M&E Tools
- Jiangsu Guoqiang tools
- Ken-Tool
- Panasonic
- Snap-On
- Zhejiang Boda Industrial
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Product
- Market Segmentation by End-user
- Major Countries in APAC
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/gfxwcb/power_tools
