Technavio's report, the power tools market in apac 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts the report covers the market landscape and its growth prospects in the coming years.
Region-wise analysis on power tools market asia pacific excluding japan (apej) remains the largest market for power tools globally high production of power tools in china and india will continue to drive market growth, whereas exports to western countries will add to the regional market revenues. Technavio's analysts forecast the power tools market in apac to grow at a cagr of 503% over the period 2015-2019 covered in this report the report covers the present scenario and the growth prospects of the power tools market in apac for the period 2015-2019.
The india power tools market is valued at 118422 million usd in 2016 and is expected to reach 125043 million usd by the end of 2017, growing at a growth rate of 559% between 2016 and 2017 the asia-pacific power tools market will reach xxx million usd in 2018 and cagr xx% 2018-2023. The asia pacific market for power tools on the contrary is bustling with opportunities as per tmr, the region held a dominant share of 34% in the global power tools market in 2014 the infrastructural development currently underway in india and china has been crucial in fuelling demand from the asia pacific power tools market.
About power tools power tools facilitate increased ease and convenience to manufacture products engine-driven power tools, electric power tools, and pneumatic power tools are the major types of power tools available in the market. Orthopedic power tools - apac analysis and market forecasts orthopedic power tools - apac analysis and market forecasts 2 sales in the apac orthopedic power tools market are expected to experience steady growth throughout the forecast orthopedic power tools - apac analysis and market forecasts. The report covers the present scenario and the growth prospects of the power tools market in apac for the period 2015-2019 the power tools market in apac 2015-2019 , has been prepared based on an in-depth market analysis with inputs from industry experts.
Asia-pacific power tools market is classified into the mode of operation, tool type, end user, and geography based on the mode of operation, the market is categorised into more power tools, pneumatic tools, and others among which electric tools are sub-segmented into corded tools and cordless tools. Power tools market report offers insights on drivers & opportunities and key segments to help in gaining information about past progress, current dynamics, and scenario for the forecast period.
The north america power tools market is projected to increase at a higher cagr than western europe power tools market during the forecast period among all the regions, the market in middle east & africa is expected to increase at the highest cagr during the forecast period.