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Middle East & Africa Power Tools Market - Industry Analysis on Size, Share, Growth, Opportunities, Trends & Forecast Report | 2022 to 2027

Published: January, 2022
ID: 9396
Pages: 100

Middle East & Africa Power Tools Market Analysis Report (2021 - 2026)

The insights of the Middle East & Africa Power Tools Market is expected to grow in a considerable way and witness stable growth during the forecast period. It is estimated that the target market in this region is growing in a remarkable way recording a CAGR of 9%.

Power tools are devices that are primarily used in the manufacturing and construction industry which are actuated by an additional power source and mechanisms other than solely manual labor used with hand tools. Drilling, sanding and screw driving are several operations that these power tools have. The power tool is one of the prominent equipment in the construction industry. Generally, tools directly driven by animal power are not considered as power tools.

The growth of the power tools market in this region is due to the substantial growth of the construction sector because of the emergence of major construction contracts.

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 Middle-East & Africa Power Tools Market

The rise of the construction sector, growing need for automation, increasing global sales for commercial vehicles and rising adoption of high-density lithium-ion batteries for charging cordless power tools are the primary drivers of the Middle East & Africa Power Tools Market's growth.

However, human safety concerns and the expensive maintenance cost are the challenges that the target market is facing.

Market Segmentation of the Middle East & Africa Power Tools Market as per the research Report:

  • 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. where the Industrial sector is further divided into Aerospace, Construction, Automotive, Energy, and Others.

  • By Region: KSA, UAE, Israel, rest of GCC countries, South Africa, Ethiopia, Kenya, Egypt, Sudan, rest of MEA

In the regional analysis of the Middle East & Africa Power Tools Market, the Middle East is the region that is witnessing the tremendous growth of the target market owing to the presence of the dedicated trade fair for tools, hardware, materials, and machinery. Also, it is the world’s largest oil-producing region, which is why making the switch shown in a new era for electricity generation, driving the power tools market in this region. Apart from that, countries like Turkey are likely to boost further growth in the construction sector after the recovery from the economic slowdown, which is one of the major reasons for the growth of the Middle East & Africa Power Tools Market.

The key players of the Middle East & Africa 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

                6.6 Middle East & Africa                              

                                6.5.1 Introduction          

                                6.5.2 Middle-East           

                                6.5.3 Africa        

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. Middle East & Africa Power Tools  Market By Region, From 2022 - 2027 ( USD Billion )                                                   

  2. Middle East & Africa Power Tools  Market By Tool Type, From 2022 - 2027 ( USD Billion )                                                              

  3. Middle East & Africa Material Removal Market By Region, From 2022 - 2027 ( USD Billion )                                                          

  4. Middle East & Africa Drilling  Market By Region, From 2022 - 2027 ( USD Billion )                                                              

  5. Middle East & Africa Demolition Market By Region, From 2022 - 2027 ( USD Billion )                                                        

  6. Middle East & Africa Sawing Market By Region, From 2022 - 2027 ( USD Billion )                                               

  7. Middle East & Africa Other Tools Market By Region, From 2022 - 2027 ( USD Billion )                                                                                                    

  8. Middle East & Africa Power Tools  Market By End - Use, From 2022 - 2027 ( USD Billion )                                                              

  9. Middle East & Africa Construction Market By Region, From 2022 - 2027 ( USD Billion )                                                   

  10. Middle East & Africa Automotive Market By Region, From 2022 - 2027 ( USD Billion )                                                     

  11. Middle East & Africa Aerospace Market By Region, From 2022 - 2027 ( USD Billion )                                                         

  12. Middle East & Africa Logistics Market By Region, From 2022 - 2027 ( USD Billion )                                                            

  13. Middle East & Africa Residential Use Market By Region, From 2022 - 2027 ( USD Billion )                                                              

  14. Middle East & Africa Industrial Applications Market By Region, From 2022 - 2027 ( USD Billion )                                                 

  15. Middle East & Africa Others Market By Region, From 2022 - 2027 ( USD Billion )                                                                                                               

  16. Middle East & Africa Power Tools  Market By Power Source, From 2022 - 2027 ( USD Billion )                                                      

  17. Middle East & Africa Pneumatic Market By Region, From 2022 - 2027 ( USD Billion )                                                        

  18. Middle East & Africa Electric Power Source Market By Region, From 2022 - 2027 ( USD Billion )     

  19.  

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