The North America Power Tools Market would witness market growth of 5.2% CAGR during the forecast period (2020-2026). Power tools are gaining popularity in household applications due to their easy operation and ease of mobility. The growing trend in Do-It-Yourself (DIY) activities has resulted in increased demand from household consumers. In order to address the needs of consumers who are not trained experts, businesses are selling products with improved safety features. For example, Bosh Power Tools provides special Bosch protection features, including rotation control clutch in rotary hammer drills and restore protection in angle grinders. These features tend to reduce the chances of injury associated with products and tend to incorporate power tools in household applications.
In addition to technical advancements, the growth of the industry is driven by the growing proliferation of cordless devices that offer easy mobility with no external power source. The market is expected to decline as a result of the downturn faced by the automobile and other sectors triggered by the emergence of the COVID-19 pandemic. However, the increasing demand for household applications and the regeneration of industries is projected to increase the business growth over the forecast period in the near future.
Increased demand for automated and skilled labor has transformed the adoption of power tools technology in recent years. Pneumatic tools are power tools that work with compressed air technology. The air is filled in the instrument by means of a cylinder, which generates friction for its operation. Pneumatic tools are lightweight, faster and more robust than electrical tools. They are more powerful than electrical tools, because air compressors generate considerable energy by compressing and condensing air which, when discharge and trying to achieve its original volume, produces bursts of energy.
Based on Application, the market is segmented into Industrial and Residential. Based on Products, the market is segmented into Drills, Grinders, Saws, Sanders, Wrenches and Others. Based on Mode of Operation, the market is segmented into Based on End User, the market is segmented into Electric, Pneumatic and Others. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: Power Tools Market in North America is expected to register a CAGR of 5.2% during the forecast period (2020-2026)
The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Techtronic Industries Co., Ltd., Snap-On, Inc., Robert Bosch GmbH, Panasonic Corporation, Emerson Electric Co., Atlas Copco AB, Koki Holdings Co., Ltd., Makita Corporation, Stanley Black & Decker, Inc., and Apex Tool Group, LLC.
Scope of the North America Power Tools Market Analysis
Market Segmentation:
By Application
By Products
- Drills
- Grinders
- Saws
- Sanders
- Wrenches
- Others
By Mode of Operation
By Country
- US
- Canada
- Mexico
- Rest of North America
Companies Profiled
- Techtronic Industries Co., Ltd.
- Snap-On, Inc.
- Robert Bosch GmbH
- Panasonic Corporation
- Emerson Electric Co.
- Atlas Copco AB
- Koki Holdings Co., Ltd.
- Makita Corporation
- Stanley Black & Decker, Inc.
- Apex Tool Group, LLC
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Power Tools Market, by Application
1.4.2 North America Power Tools Market, by Products
1.4.3 North America Power Tools Market, by Mode of Operation
1.4.4 North America Power Tools Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Geographical Expansions
3.2.4 Mergers & Acquisitions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2016, May – 2020, Jan) Leading Players
Chapter 4. North America Power Tools Market by Application
4.1 North America Power Tools Industrial Market by Country
4.2 North America Power Tools Residential Market by Country
Chapter 5. North America Power Tools Market by Products
5.1 North America Drills Power Tools Market by Country
5.2 North America Grinders Power Tools Market by Country
5.3 North America Saws Power Tools Market by Country
5.4 North America Sanders Power Tools Market by Country
5.5 North America Wrenches Power Tools Market by Country
5.6 North America Other Products Power Tools Market by Country
Chapter 6. North America Power Tools Market by Mode of Operation
6.1 North America Power Tools Electric Market by Country
6.2 North America Power Tools Pneumatic Market by Country
6.3 North America Power Tools Others Market by Country
Chapter 7. North America Power Tools Market by Country
7.1 US Power Tools Market
7.1.1 US Power Tools Market by Application
7.1.2 US Power Tools Market by Products
7.1.3 US Power Tools Market by Mode of Operation
7.2 Canada Power Tools Market
7.2.1 Canada Power Tools Market by Application
7.2.2 Canada Power Tools Market by Products
7.2.3 Canada Power Tools Market by Mode of Operation
7.3 Mexico Power Tools Market
7.3.1 Mexico Power Tools Market by Application
7.3.2 Mexico Power Tools Market by Products
7.3.3 Mexico Power Tools Market by Mode of Operation
7.4 Rest of North America Power Tools Market
7.4.1 Rest of North America Power Tools Market by Application
7.4.2 Rest of North America Power Tools Market by Products
7.4.3 Rest of North America Power Tools Market by Mode of Operation
Chapter 8. Company Profiles
8.1 Techtronic Industries Co., Ltd.
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Acquisition and Mergers:
8.2 Snap-On, Inc.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Engineering Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Partnerships, Collaborations, and Agreements:
8.2.5.2 Acquisition and Mergers:
8.2.5.3 Product Launches and Product Expansions:
8.3 Robert Bosch GmbH
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.3.5.2 Product Launches and Product Expansions:
8.3.5.3 Geographical Expansions:
8.4 Panasonic Corporation
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Partnerships, Collaborations, and Agreements:
8.4.5.2 Product Launches and Product Expansions:
8.5 Emerson Electric Co.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Segmental and Regional Analysis
8.5.4 Research & Development Expense
8.5.5 Recent strategies and developments:
8.5.5.1 Acquisition and Mergers:
8.6 Atlas Copco AB
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Acquisition and Mergers:
8.6.5.2 Product Launches and Product Expansions:
8.6.5.3 Geographical Expansions:
8.7 Koki Holdings Co., Ltd. (KKR & Co., Inc.)
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Regional Analysis
8.7.4 Recent strategies and developments:
8.7.4.1 Acquisition and Mergers:
8.8 Makita Corporation
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Regional Analysis
8.8.4 Research and Development Expense
8.8.5 Recent strategies and developments:
8.8.5.1 Product Launches and Product Expansions:
8.9 Stanley Black & Decker, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research and Development Expense
8.9.5 Recent strategies and developments:
8.9.5.1 Partnerships, Collaborations, and Agreements:
8.9.5.2 Product Launches and Product Expansions:
8.9.5.3 Acquisition and Mergers:
8.9.5.4 Geographical Expansions:
8.1 Apex Tool Group, LLC
8.10.1 Company Overview
8.10.2 Recent strategies and developments:
8.10.2.1 Partnerships, Collaborations, and Agreements:
8.10.2.2 Product Launches and Product Expansions:
TABLE 1 North America Power Tools Market, 2016 - 2019, USD Million
TABLE 2 North America Power Tools Market, 2020 - 2026, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Power Tools Market
TABLE 4 Product Launches And Product Expansions– Power Tools Market
TABLE 5 Geographical Expansions– Power Tools Market
TABLE 6 Mergers & Acquisitions – Power Tools Market
TABLE 7 North America Power Tools Market by Application, 2016 - 2019, USD Million
TABLE 8 North America Power Tools Market by Application, 2020 - 2026, USD Million
TABLE 9 North America Power Tools Industrial Market by Country, 2016 - 2019, USD Million
TABLE 10 North America Power Tools Industrial Market by Country, 2020 - 2026, USD Million
TABLE 11 North America Power Tools Residential Market by Country, 2016 - 2019, USD Million
TABLE 12 North America Power Tools Residential Market by Country, 2020 - 2026, USD Million
TABLE 13 North America Power Tools Market by Products, 2016 - 2019, USD Million
TABLE 14 North America Power Tools Market by Products, 2020 - 2026, USD Million
TABLE 15 North America Drills Power Tools Market by Country, 2016 - 2019, USD Million
TABLE 16 North America Drills Power Tools Market by Country, 2020 - 2026, USD Million
TABLE 17 North America Grinders Power Tools Market by Country, 2016 - 2019, USD Million
TABLE 18 North America Grinders Power Tools Market by Country, 2020 - 2026, USD Million
TABLE 19 North America Saws Power Tools Market by Country, 2016 - 2019, USD Million
TABLE 20 North America Saws Power Tools Market by Country, 2020 - 2026, USD Million
TABLE 21 North America Sanders Power Tools Market by Country, 2016 - 2019, USD Million
TABLE 22 North America Sanders Power Tools Market by Country, 2020 - 2026, USD Million
TABLE 23 North America Wrenches Power Tools Market by Country, 2016 - 2019, USD Million
TABLE 24 North America Wrenches Power Tools Market by Country, 2020 - 2026, USD Million
TABLE 25 North America Other Products Power Tools Market by Country, 2016 - 2019, USD Million
TABLE 26 North America Other Products Power Tools Market by Country, 2020 - 2026, USD Million
TABLE 27 North America Power Tools Market by Mode of Operation, 2016 - 2019, USD Million
TABLE 28 North America Power Tools Market by Mode of Operation, 2020 - 2026, USD Million
TABLE 29 North America Power Tools Electric Market by Country, 2016 - 2019, USD Million
TABLE 30 North America Power Tools Electric Market by Country, 2020 - 2026, USD Million
TABLE 31 North America Power Tools Pneumatic Market by Country, 2016 - 2019, USD Million
TABLE 32 North America Power Tools Pneumatic Market by Country, 2020 - 2026, USD Million
TABLE 33 North America Power Tools Others Market by Country, 2016 - 2019, USD Million
TABLE 34 North America Power Tools Others Market by Country, 2020 - 2026, USD Million
TABLE 35 North America Power Tools Market by Country, 2016 - 2019, USD Million
TABLE 36 North America Power Tools Market by Country, 2020 - 2026, USD Million
TABLE 37 US Power Tools Market, 2016 - 2019, USD Million
TABLE 38 US Power Tools Market, 2020 - 2026, USD Million
TABLE 39 US Power Tools Market by Application, 2016 - 2019, USD Million
TABLE 40 US Power Tools Market by Application, 2020 - 2026, USD Million
TABLE 41 US Power Tools Market by Products, 2016 - 2019, USD Million
TABLE 42 US Power Tools Market by Products, 2020 - 2026, USD Million
TABLE 43 US Power Tools Market by Mode of Operation, 2016 - 2019, USD Million
TABLE 44 US Power Tools Market by Mode of Operation, 2020 - 2026, USD Million
TABLE 45 Canada Power Tools Market, 2016 - 2019, USD Million
TABLE 46 Canada Power Tools Market, 2020 - 2026, USD Million
TABLE 47 Canada Power Tools Market by Application, 2016 - 2019, USD Million
TABLE 48 Canada Power Tools Market by Application, 2020 - 2026, USD Million
TABLE 49 Canada Power Tools Market by Products, 2016 - 2019, USD Million
TABLE 50 Canada Power Tools Market by Products, 2020 - 2026, USD Million
TABLE 51 Canada Power Tools Market by Mode of Operation, 2016 - 2019, USD Million
TABLE 52 Canada Power Tools Market by Mode of Operation, 2020 - 2026, USD Million
TABLE 53 Mexico Power Tools Market, 2016 - 2019, USD Million
TABLE 54 Mexico Power Tools Market, 2020 - 2026, USD Million
TABLE 55 Mexico Power Tools Market by Application, 2016 - 2019, USD Million
TABLE 56 Mexico Power Tools Market by Application, 2020 - 2026, USD Million
TABLE 57 Mexico Power Tools Market by Products, 2016 - 2019, USD Million
TABLE 58 Mexico Power Tools Market by Products, 2020 - 2026, USD Million
TABLE 59 Mexico Power Tools Market by Mode of Operation, 2016 - 2019, USD Million
TABLE 60 Mexico Power Tools Market by Mode of Operation, 2020 - 2026, USD Million
TABLE 61 Rest of North America Power Tools Market, 2016 - 2019, USD Million
TABLE 62 Rest of North America Power Tools Market, 2020 - 2026, USD Million
TABLE 63 Rest of North America Power Tools Market by Application, 2016 - 2019, USD Million
TABLE 64 Rest of North America Power Tools Market by Application, 2020 - 2026, USD Million
TABLE 65 Rest of North America Power Tools Market by Products, 2016 - 2019, USD Million
TABLE 66 Rest of North America Power Tools Market by Products, 2020 - 2026, USD Million
TABLE 67 Rest of North America Power Tools Market by Mode of Operation, 2016 - 2019, USD Million
TABLE 68 Rest of North America Power Tools Market by Mode of Operation, 2020 - 2026, USD Million
TABLE 69 Key Information – Techtronic Industries Co., Ltd.
TABLE 70 key information – Snap-On, Inc.
TABLE 71 key information – Robert Bosch GmbH
TABLE 72 Key Information – Panasonic Corporation
TABLE 73 Key Information – Emerson Electric Co.
TABLE 74 Key Information –Atlas Copco AB
TABLE 75 key information – Koki Holdings Co., Ltd.
TABLE 76 Key Information – Makita Corporation
TABLE 77 Key Information – Stanley Black & Decker, Inc.
TABLE 78 key Information – Apex Tool group, LLC
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2016, May – 2020, Jan) Leading Players
FIG 5 Recent strategies and developments: Snap-On, Inc.
FIG 6 Recent strategies and developments: Robert Bosch GmbH
FIG 7 Recent strategies and developments: Panasonic Corporation
FIG 8 Recent strategies and developments: Atlas Copco AB
FIG 9 Recent strategies and developments: Stanley Black & Decker, Inc.
FIG 10 Recent strategies and developments: Apex Tool Group, LLC