Zion Market Research Power and Hand Tools Market, 2015 - 2021 | Page 2
Power and Hand Tools Market
Power tools are equipment usually designed for the variety of operations such as sanding,
heating, chiseling, polishing, and drilling. Power tools provide some extra power for the
execution of a certain task. As compared to hand tool operation, it initializes with special
mechanism rather than manual work. An electric motor is a very common example of the power
tool used in a wide range of end-user applications. Earlier, the construction and manufacturing
industries used power tools for reducing their workload. Jackhammer, drill machine, crusher,
disc sander, circular saw, nail gun, heat gun, angle grinder wood router, and wall chaser are
some examples of power tools. Few examples of hand tools secateurs, hammers, spanners,
pliers, garden forks, screwdrivers, rakes, chisels, hook cutter, and others.
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Rising demand for power and hand tools in the market is anticipated to boost the market growth
in the future. The increasing popularity of the power and hand tools among end-user is also
anticipated to foster the market growth in future. The market for power and hand tools is
growing owing to rapidly increasing urbanization. Increasing spending income of consumers will
positively impact the power and hand tools market in future. Rising Do-It-Yourself (DIY) attitude
among people is another factor contributing to the growth of the market. However, immense
competition among the vendors may restrain the market growth globally.