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Latin America Power Tools Market - Industry Analysis on Size, Share, Growth, Trends & Forecast Report | 2022 to 2027

Published: January, 2022
ID: 9395
Pages: 117

Latin America Power Tools Market Analysis Report (2021 - 2026)

The Latin America Power Tools Market is anticipated to grow in a significant way during the forecast period. It is estimated that the power tools market in Latin America is growing at a CAGR of about 5% over the outlook period of 2022 - 2027.

A power tool is the devices that can get actuated by the additional power source or the mechanisms that are not solely utilized by manual labor or hand tools. Major types of power tools are internal combustion engines and compressed air. And the steam engines, direct burning of fuels and propellants, such as in powder-actuated devices, or even natural power sources like wind or 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 is attributed to the recovering construction industry collectively with rapid urbanization in the countries of this region.

Recent Developments

  • Snap-on Incorporated, a leading global innovator, manufacturer, and marketer of tools, equipment, diagnostics, repair information & systems solution, has scheduled to present at the Merrill Lynch 2020 Consumer & Retail Technology Conference held by Bank of America. 

  • Ingersoll-Rand Plc, also known as Trane Technologies which is a manufacturing company formed in 1905 with the merger of Ingersoll-Sergeant Drill Company and Rand Drill Company, has launched Following IR Spin-of. 

Drivers and Restraints of Latin America Power Tools Market

The surge in the construction industry, coupled with the rapid urbanization and an increase in public-private partnerships are the significant drivers of growth in the Latin American Power Tools Market.

However, factors like fluctuation in the prices of the goods and high maintenance costs are the major challenges that are limiting the growth of the power tools market in Latin American.

Market Segmentation of Latin America Power Tools Market

  • By Tool Type: Drilling & fastening tools (Drills, Impact Drivers, Impact wrenches, Screwdrivers and nut runners), Demolition tools (Rotary hammers, hammer drills, and demolition hammers), Sawing and cutting tools (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. The Industrial sector is further divided into Aerospace, Construction, Automotive, Energy, and Others.

  • By Region: Latin America Underwater Connectors Market includes Brazil, Mexico, Argentina, Chile & Rest of LATAM. In the regional analysis of the Latin America Power Tools Market, Mexico has garnered a significant share of the target market's revenue in this region followed by Brazil. The growth of the power tools market in Mexico is due to the rising number of partnerships between the public and private sectors, which are leading to the growth in advancements based on infrastructure and construction.

The key players of the Latin America 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      

                                                6.1.3.1 By Geographical Area

                                                6.1.3.2 By Tool Type 

                                                6.1.3.3 By Power Source

                                                6.1.3.4 By End-Use

                                6.1.4  Market Attractiveness Analysis   

                                                6.1.4.1 By Geographical Area

                                                6.1.4.2 By Tool Type

                                                6.1.4.3 By Power Source

                                                6.1.4.4 By End-Use

                                6.1.5  Market Share Analysis     

                                                6.1.5.1 By Geographical Area

                                                6.1.5.2 By Tool Type

                                                6.1.5.3 By Power Source

                                                6.1.5.4 By End-Use

                6.4 Latin America                           

                                6.4.1 Introduction          

                                6.4.2 Brazil        

                                6.4.3 Argentina

                                6.4.4 Mexico    

                                6.4.5 Rest of Latin America       

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                                        

Appendix                                           

                a) List of Tables               

                b) List of Figures 

  1. Latin America Power Tools  Market By Region, From 2022 - 2027 ( USD Billion )                                                   

  2. Latin America Power Tools  Market By Tool Type, From 2022 - 2027 ( USD Billion )                                                              

  3. Latin America Material Removal Market By Region, From 2022 - 2027 ( USD Billion )                                                          

  4. Latin America Drilling  Market By Region, From 2022 - 2027 ( USD Billion )                                                              

  5. Latin America Demolition Market By Region, From 2022 - 2027 ( USD Billion )                                                        

  6. Latin America Sawing Market By Region, From 2022 - 2027 ( USD Billion )                                               

  7. Latin America Other Tools Market By Region, From 2022 - 2027 ( USD Billion )                                                                                                    

  8. Latin America Power Tools  Market By End - Use, From 2022 - 2027 ( USD Billion )                                                              

  9. Latin America Construction Market By Region, From 2022 - 2027 ( USD Billion )                                                   

  10. Latin America Automotive Market By Region, From 2022 - 2027 ( USD Billion )                                                     

  11. Latin America Aerospace Market By Region, From 2022 - 2027 ( USD Billion )                                                         

  12. Latin America Logistics Market By Region, From 2022 - 2027 ( USD Billion )                                                            

  13. Latin America Residential Use Market By Region, From 2022 - 2027 ( USD Billion )                                                              

  14. Latin America Industrial Applications Market By Region, From 2022 - 2027 ( USD Billion )                                                 

  15. Latin America Others Market By Region, From 2022 - 2027 ( USD Billion )                                                                                                               

  16. Latin America Power Tools  Market By Power Source, From 2022 - 2027 ( USD Billion )                                                      

  17. Latin America Pneumatic Market By Region, From 2022 - 2027 ( USD Billion )                                                        

  18. Latin America Electric Power Source Market By Region, From 2022 - 2027 ( USD Billion )   

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