Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Power Tools Market Research Report – Global Foreca

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More information from: https://www.marketresearchfuture.com/reports/3571
Power Tools Market Research Report – Global Forecast to 2023
Report / Search Code: MRFR/IA - E/2429-CRR
Publish Date: June, 2017
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Global Power Tools Market by Type (Engine driven
power tools, Electric power tools, Pneumatic power
tools, Hydraulic power tools and others), Application
(Household, Industrial, and Professional) & by
Region - Global Forecast to 2023
Market Synopsis of Global Power Tools:
Power tools are various types of tools and mechanical devices that operate
when they are initiated by an additional power source and mechanism and not
the manual labor used with hand tools. This could generally be electric
motors, compressed or internal combustion engines.
The growth of global power tools market can be majorly attributed to
increasing demand from industrial sector and rising demand from professional
segment. Also, increasing usage of power tools for DIY & household activities
is also expected to boost the market growth. However, factors such as
fluctuation in raw material prices is the major restraint that could hinder the
market growth.
The global power tools market is expected to grow at the CAGR of around
5.17% during the period 2017 to 2023.
Study objectives of Global Power Tools Market:
To provide detailed analysis of the market
structure along with forecast for the next 10
years of various segments and sub-
segments of the global power tools market.
To provide insights about factors affecting
the market growth