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Pulished Date April, 2021
ID: 9394
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Asia-Pacific Power Tools Market - Industry Analysis on Size, Share, Trends, Growth, Landscape & Forecast Report | 2021 - 2026

Pulished: April, 2021
ID: 9394
Pages: 90

Asia-Pacific Power Tools Market Analysis Report (2021 - 2026)

The insights of the Asia-Pacific Power Tools Market is estimated to grow at a considerable level over the period of 2021-2026.

It is expected that the power tools market in Asia-Pacific is going to record a CAGR of 5.6%. A power tool is a device actuated with the additional source of power and the mechanism other than the solely manual labor that is used by hand tools. Internal combustion engines and compressed air are the major types of power tools, and they also commonly used. And the steam engines, direct burning of fuels and explosives, such as in powder-actuated devices, or even natural power sources such as wind or moving water are included in other power sources. Generally, tools directly driven by animal power are not considered as power tools.

The growth of the target market in this region owes to the constant growth of the construction industry in emerging nations like India & China, rising need for automation, and growing global sales for commercial vehicles.

Recent Developments

  • Robert Bosch, a German multinational engineering and technology company that was headquartered in Gerlingen, has launched its range of various cordless power tools like a wireless screwdriver that runs by lithium-ion batteries.  

  • Hilti Inc., a Liechtenstein multinational company that develops, manufactures, and markets products for the construction, building maintenance, energy, and manufacturing industries, has expanded its industry-leading cordless tool offerings by launching the world's first cordless breaker, the TE 500-A36.

Drivers and Restraints of Asia-Pacific Power Tools Market

Augmentation of innovations in the fields of automation and charging technologies like lithium-ion rechargeable batteries are the primary concerns that are the primary drivers of the Asia-Pacific Power Tools Market.

However, high maintenance costs of power and safety concerns are the significant challenges that are hampering the growth of the power tools market in this region.

Market Segmentation of Asia-Pacific Power Tools Market

  • By Tool Type: Drilling & fastening tools (which was sub-segmented into Drills, Impact Drivers, Impact wrenches, Screwdrivers, and nut runners), Demolition tools (which was sub-segmented into Rotary hammers, hammer drills, and demolition hammers), Sawing and cutting tools (which was sub-segmented into Jigsaws, Reciprocating saws, Circular saws, Band saws, and Sheers and nibblers), Material removal tools (Sanders/polishers/buffers, Grinders; Angle grinders, Die and straight grinder; Routing Tools; Routers/planers/joiners; Others (measuring and layout tools, laser tools, dust extractors, glue guns, and heat guns)

  • By Operation: Electric and Pneumatic. The Electric segment is further sub-segmented into Corded Tools and Cordless Tools.

  • By Application: Industrial and Residential. Of this, the Industrial sector is further divided into Aerospace, Construction, Automotive, Energy, and Others.

  • By Region: India, China, Japan, South Korea, Australia & New Zealand, Thailand, Malaysia, Vietnam, Philippines, Indonesia, Singapore & Rest of APAC. In the regional analysis of the Asia-Pacific Power Tools Market, India and China have garnered a significant share of the market revenue. And also, these countries' power tool markets are estimated to maintain dominance during the forecast period as well. The growth of the target market in India owes to the 'Make in India' movement that the government was encouraging. Also, countries such as South Korea and Japan are likely to witness considerable growth owing to their shipbuilding sector over the next five years.

The key players of the Asia-Pacific Power Tools Market include Stanley Black & Decker (US), Techtronic Industries (Hong Kong), Robert Bosch (Germany), Makita Corporation (Japan), Hilti Corporation (Liechtenstein), Atlas Copco (Sweden), Apex Tool Group (US), Ingersoll-Rand (Ireland), KOKI Holdings (Japan), and Snap-on Incorporated (US)

1. Introduction                                

                1.1 Market Definition                   

                1.2 Study Deliverables                 

                1.3 Base Currency, Base Year and Forecast Periods                         

                1.4 General Study Assumptions               

2. Research Methodology                                           

                2.1 Introduction                              

                2.2 Research Phases                      

                                2.2.1 Secondary Research           

                                2.2.2 Primary Research

                                2.2.3 Econometric Modelling    

                                2.2.4 Expert Validation

                2.3 Analysis Design                        

                2.4 Study Timeline                         

3. Overview                                      

                3.1 Executive Summary                

                3.2 Key Inferences                         

                3.3 Epidemology                             

4. Drivers, Restraints, Opportunities, and Challenges Analysis (DROC)                                   

                4.1 Market Drivers                         

                4.2 Market Restraints                   

                4.3 Key Challenges                        

                4.4 Current Opportunities in the Market                              

5. Market Segmentation                                             

                5.1 By Tool Type                             

                                5.1.1 Introduction          

                                5.1.2 Material Removal

                                5.1.3 Drilling & Fastening            

                                5.1.4 Demoliton              

                                5.1.5 Sawing     

                                5.1.6 Other Tools            

                                5.1.7 Y-o-Y Growth Analysis      

                                5.1.8 Market Attractiveness Analysis    

                                5.1.9 Market Share Analysis      

                5.2 By End-Use                

                                5.2.1 Introduction          

                                5.2.2 Construction         

                                5.2.3 Automotive           

                                5.2.4 Aerospace              

                                5.2.5 Logistics  

                                5.2.6 House Hold/Resifential Use           

                                5.2.7 Industial Applications       

                                5.2.8 Others      

                                5.2.9 Y-o-Y Growth Analysis      

                                5.2.10 Market Attractiveness Analysis  

                                5.2.11 Market Share Analysis    

                5.3 By Power Source                     

                                5.3.1 Introduction          

                                5.3.2 Pneumatic Power Tools    

                                5.3.3 Electric Power Tools           

                                5.3.4 Y-o-Y Growth Analysis      

                                5.3.5 Market Attractiveness Analysis    

                                5.3.6 Market Share Analysis      

6. Geographical Analysis                                             

                6.1 Introduction                              

                                6.1.1 Regional Trends   

                                6.1.2 Impact Analysis    

                                6.1.3 Y-o-Y Growth Analysis      

                                       By Geographical Area

                                       By Tool Type 

                                       By Power Source

                                       By End-Use

                                6.1.4  Market Attractiveness Analysis   

                                       By Geographical Area

                                       By Tool Type

                                       By Power Source

                                       By End-Use

                                6.1.5  Market Share Analysis     

                                       By Geographical Area

                                       By Tool Type

                                       By Power Source

                                       By End-Use

                6.4 Asia-Pacific                

                                6.3.1 Introduction          

                                6.3.2 China        

                                6.3.3 India          

                                6.3.4 Japan        

                                6.3.5 Australia 

                                6.3.6 South Korea           

7. Strategic Analysis                                      

                7.1 PESTLE analysis                        

                                7.1.1 Political   

                                7.1.2 Economic

                                7.1.3 Social        

                                7.1.4 Technological       

                                7.1.5 Legal         

                                7.1.6 Environmental     

                7.2 Porter’s Five analysis                             

                                7.2.1 Bargaining Power of Suppliers      

                                7.2.2 Bargaining Power of Consumers   

                                7.2.3 Threat of New Entrants     

                                7.2.4 Threat of Substitute Products and Services             

                                7.2.5 Competitive Rivalry within the Industry    

8. Market Leader Analysis                                          

                8.1 Stanley Black & Decker Inc.                

                                8.1.1 Overview

                                8.1.2 Product Analysis  

                                8.1.3 Financial analysis

                                8.1.4 Recent Developments      

                                8.1.5 SWOT analysis      

                                8.1.6 Analyst View         

                8.2 Robert Bosch GmbH                               

                8.3 Atlas Copco AB                         

                8.4 Actuant Corporation                              

                8.5 Techtronic Industries Co. Limited                    

                8.6 Danaher Corporation                            

                8.7 Makita Corporation               

                8.8 Hitachi Koki Co. Ltd.                               

                8.9 Emerson Electric Co.                              

                8.10 Hilti Corporation                   

9. Competitive Landscape                                          

                9.1 Market share analysis                           

                9.2 Merger and Acquisition Analysis                      

                9.3 Agreements, collaborations and Joint Ventures                        

                9.4 New Product Launches                         

10. Market Outlook and Investment Opportunities                                        


                a) List of Tables               

                b) List of Figures

  • Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • The segment-level analysis in terms of raw materials, by tool type, by power source, by end-use along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Asia-Pacific Power Tools  Market By Region, From 2021-2026 ( USD Billion )                                                   

  2. Asia-Pacific Power Tools  Market By Tool Type, From 2021-2026 ( USD Billion )                                                              

  3. Asia-Pacific Material Removal Market By Region, From 2021-2026 ( USD Billion )                                                          

  4. Asia-Pacific Drilling  Market By Region, From 2021-2026 ( USD Billion )                                                              

  5. Asia-Pacific Demolition Market By Region, From 2021-2026 ( USD Billion )                                                        

  6. Asia-Pacific Sawing Market By Region, From 2021-2026 ( USD Billion )                                               

  7. Asia-Pacific Other Tools Market By Region, From 2021-2026 ( USD Billion )                                                                                                    

  8. Asia-Pacific Power Tools  Market By End - Use, From 2021-2026 ( USD Billion )                                                              

  9. Asia-Pacific Construction Market By Region, From 2021-2026 ( USD Billion )                                                   

  10. Asia-Pacific Automotive Market By Region, From 2021-2026 ( USD Billion )                                                     

  11. Asia-Pacific Aerospace Market By Region, From 2021-2026 ( USD Billion )                                                         

  12. Asia-Pacific Logistics Market By Region, From 2021-2026 ( USD Billion )                                                            

  13. Asia-Pacific Residential Use Market By Region, From 2021-2026 ( USD Billion )                                                              

  14. Asia-Pacific Industrial Applications Market By Region, From 2021-2026 ( USD Billion )                                                 

  15. Asia-Pacific Others Market By Region, From 2021-2026 ( USD Billion )                                                                                                               

    1. Asia-Pacific Power Tools  Market By Power Source, From 2021-2026 ( USD Billion )                                                      

  16. Asia-Pacific Pneumatic Market By Region, From 2021-2026 ( USD Billion )                                                        

  17. Asia-Pacific Electric Power Source Market By Region, From 2021-2026 ( USD Billion )                                                  

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