Published by Infinity Business Insights
Posted on October 7, 2021
3 min readLast updated: January 30, 2026
The Electric Power Tools Market is set to grow from USD 29.5 billion in 2021 to USD 36.9 billion by 2027, with a CAGR of 4.6%. Key players include Apex Tool Group and Makita Corporation.
The report of Electric Power Tools Market (2021-2027) provides a basic overview of the industry including definitions, classifications, and industry chain structure. The Market analysis is provided for the international markets including development trends, competitive landscape analysis, and key region’s development status.
Electric Power Tools Market size is projected to grow from USD 29.5 billion in 2021 to USD 36.9 billion by 2027; it is expected to grow at a CAGR of 4.6% from 2021 to 2027.
Top Key Players Profiled in This Report: Apex Tool Group,Atlas Copco AB,Hilti Corporation,Ingersoll Rand Inc.,Koki Holding, Co., Ltd.,Makita Corporation,Robert Bosch GmbH,Stanley Black & Decker, Inc.,Snap-on Incorporated,Techtronic Industries Co., Ltd,,
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A full assessment of the current market condition and the projection until 2027 is given in the Global Electric Power Tools Market (2021). And the market is divided into products and applications/end sectors. The research process for the market trend includes the analysis of various factors that warm the heart of the industry, with government policy, competitive contexts, historical data, the market environment, market developments, imminent technologies, technological innovations, and related technological speeds and risk to markets, market barriers, opportunities, and challenges.
The Market share description highlights different trends and dynamics, innovative techniques, and acquisitions, which will have a favorable impact on the broad industry. In the field of applications, specifications, and constitution, Electric Power Tools Market is being explored which has a favorable impact on the company’s growth. The coronavirus pandemic (COVID-19) has claimed that every part of the human being is worldwide involved, covering the current COVID-19 conflict in the market.
Electric Power Tools Market, By Segmentaion:
By Product Type
Corded
Cordless
By End-user Industry
Construction
Automotive
Aerospace
Others
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On the basis of region, the Electric Power Tools Market has been segmented into North America, the United States, Canada, Europe, Germany, France, U.K., Italy, Russia, Nordic, Rest of Europe, Asia-Pacific, China, Japan, South Korea, Southeast Asia, India, Australia, Rest of Asia-Pacific, Latin America, Mexico, Brazil, Middle East and Africa, Turkey, Saudi Arabia, UAE, Rest of the Middle East and Africa.
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The article discusses the growth forecast of the Electric Power Tools Market from 2021 to 2027.
What are the key factors driving market growth?
How has COVID-19 impacted the Electric Power Tools Market?
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