India Power Tool Market Analysis
Professional power tools will continue to gain traction , and major shift from nickelcadmium to lithium-ion powered tools will create new opportunities for power tools manufacturers in the country .
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However , increasing import of power tools from China may negatively impact market share of domestic and international players in the India power tools market .
The India power tools market is expected to witness increasing demand for industrial power tools as compared to household power tools . Industrial power tools segment is anticipated to contribute over 55.8 % in terms of revenue to the market ; whereas household power tools segment is expected to account for 44.2 % in terms of value share by end of 2016 .
Low operational costs and ease-of-use will continue to drive electric power tools segment , which is anticipated to dominate the India power tools market till 2016 end . Pneumatics and others segments are projected to collectively contribute over 46 % in terms of value share to India power tools market in 2016 .
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