Zion Market Research Power and Hand Tools Market, 2015 - 2021 | Page 3

Power and Hand Tools Market
The global power and hand tools market is segmented on the basis of technology as the engine
driver, hydraulic & powder-actuated, pneumatic, and electric. Of which, the electric power tools
segment is dominating segment the market. The global market is categorized on the basis of
applications as electronics, construction, aerospace, automobiles, and others. Of which, the
construction segment is the leading segment in the market.
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North America is the leading the global power and hand tools market mainly owing to its
increasing professional market. Asia Pacific is expected to gain considerable growth in the
market due to increasing construction and developmental activities. Furthermore, China is a
growing market for power and hand tools. In addition, Western Europe is anticipated to grow at
the fastest rate in the near future. Upward industrial network in the European countries is
anticipated to contribute to the global market growth.
Some of the major players in the global power and hand tools market are Bosch GmbH, Apex
Tool Group LLC, Allied Trade Group Stores, Ancor, Stanley Black & Decker, Alltrade Tools LLC,
AIMCO Corporation, Black & Decker, AMES Companies, Atlas Copco AB, and Actuant
Corporation. Others major players influencing the global market are DeWALT Industrial Tools,
Del City Wire, Chicago Pneumatic Tool, Chervon Holdings Limited, DEPRAG-Schulz GmbH and
Company, Danaher Corporation, Daniels Manufacturing Corporation, E&R Industrial Sales, and
Channellock Incorporated.
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