India power tools market is expected to register healthy CAGR of 8.9% in terms of value, and 9.5% in terms of volume over the forecast period (2016–2026). Growth of the power tools market in terms of revenue is attributed to various factors, regarding which FMI offers detailed insights in the report.

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The power tools market in India is expected to register a Y-o-Y growth of 6.7% by end of 2016 and is estimated to reach INR 3,532.8 Crore in terms of revenue. Growing industrialization and widespread availability of a wide range of power tools will continue to drive growth of the India power tools market. The markets in South and North India are estimated to collectively dominate the India market.

Robust development in the industrial sector and growing automotive sales are key factors driving growth of the India power tools market. Increasing consumer confidence index (CCI) in India is projected to play a key role in escalating demand for power tools in the India market. Emergence of a variety of cost-effective, durable and multi-functional power tools is expected to fuel demand in the future. In addition, shifting consumer behavior toward DIY hacks is also expected to boost demand for power tools in India.

Professional power tools will continue to gain traction, and a major shift from nickel-cadmium to lithium-ion powered tools will create new opportunities for power tools manufacturers in the country.

However, increasing import of power tools from China may negatively affect 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 expected 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.

For critical insights on this market, request to ask an expert here @
https://www.futuremarketinsights.com/ask-question/rep-gb-1929

Low operational costs and ease-of-use will continue to drive electric power tools segment, which is expected to dominate the India power tools market till 2016 end. Pneumatics and other segments are projected to collectively contribute over 46% in terms of value share to India power tools market in 2016.

The markets in South India and West India represent highest penetration of power tools, owing to the concentration of many industries. South and North India markets are expected to expand significantly in terms of revenue as compared to moderately thriving East India and North India markets.

Key Segments

The subsequent sections analyze the India power tools market based on end-use, mode of operation and region, and present a forecast for the period, 2016–2026. The market is segmented:

By end-use

Industrial Power Tools Household Power Tools By mode of operation

Electric Pneumatic Others By country

North India South India East India West IndiaMajor global players in the India power tools market include Atlas Copco AB, Snap-on International, Techtronic Industries Co. Ltd., Danaher Corporation, Actuant Corporation and SKF AB. Key regional players include Stanley Black & Decker, Hitachi Koki Co. Ltd., Makita Corporation, Robert Bosch GmbH and Kulkarni Power Tools.

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Long-term Outlook: India’s power tools market is expected to register a healthy CAGR of 9.5% in terms of volume and 8.9% in terms of value over the forecast period, 2016–2026. Electric power tools market is estimated to account for 56.6% in terms of revenue share by end of 2026.

Explore wide-ranging Coverage of FMI’s Industrial Automation Market Insights Landscape

Power Transformer Market – The power transformer market is poised to grow at 4.6% CAGR from 2021 to 2031, with overall valuation expected to reach US$ 21.9 billion in 2021. Future Market Insights (FMI) forecasts total sales to surpass 2000 units by the end of 2031.

Conveyor System Market  – The Conveyor system market will register steady growth with the overall valuation forecast to surpass US$ 13.7 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Global Conveyor system sales are expected to return to 2019 level, with shipments expected to reach 16,000 units by the end of 2031, says FMI.

Ultra Short Base Line Positioning System Market – Ultra Short Base Line Positioning System Market By Operating Frequency Range(14-18 kHz, 20-30 kHz), Nominal Range(Shallow (upto 150 m), Medium (upto 1,000 m), Deep (upto 10,000 m)), Antenna Aperture(70 Degree, 100 Degree), End User(Cartography, Diver Tracking), & Region – Forecast 2021 – 2031

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: [email protected]

For Media Enquiries: [email protected]

Website: https://www.futuremarketinsights.com/

Report: https://www.futuremarketinsights.com/reports/India-Power-Tool-Market 

Press Release Source: https://www.futuremarketinsights.com/press-release/India-Power-Tool-Marketv 

India power tools market is expected to register healthy CAGR of 8.9% in terms of value, and 9.5% in terms of volume over the forecast period (2016–2026). Growth of the power tools market in terms of revenue is attributed to various factors, regarding which FMI offers detailed insights in the report.

To remain ‘ahead’ of your competitors, request for a sample @
https://www.futuremarketinsights.com/reports/sample/rep-gb-1929

The power tools market in India is expected to register a Y-o-Y growth of 6.7% by end of 2016 and is estimated to reach INR 3,532.8 Crore in terms of revenue. Growing industrialization and widespread availability of a wide range of power tools will continue to drive growth of the India power tools market. The markets in South and North India are estimated to collectively dominate the India market.

Robust development in the industrial sector and growing automotive sales are key factors driving growth of the India power tools market. Increasing consumer confidence index (CCI) in India is projected to play a key role in escalating demand for power tools in the India market. Emergence of a variety of cost-effective, durable and multi-functional power tools is expected to fuel demand in the future. In addition, shifting consumer behavior toward DIY hacks is also expected to boost demand for power tools in India.

Professional power tools will continue to gain traction, and a major shift from nickel-cadmium to lithium-ion powered tools will create new opportunities for power tools manufacturers in the country.

However, increasing import of power tools from China may negatively affect 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 expected 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.

For critical insights on this market, request to ask an expert here @
https://www.futuremarketinsights.com/ask-question/rep-gb-1929

Low operational costs and ease-of-use will continue to drive electric power tools segment, which is expected to dominate the India power tools market till 2016 end. Pneumatics and other segments are projected to collectively contribute over 46% in terms of value share to India power tools market in 2016.

The markets in South India and West India represent highest penetration of power tools, owing to the concentration of many industries. South and North India markets are expected to expand significantly in terms of revenue as compared to moderately thriving East India and North India markets.

Key Segments

The subsequent sections analyze the India power tools market based on end-use, mode of operation and region, and present a forecast for the period, 2016–2026. The market is segmented:

By end-use

Industrial Power Tools Household Power Tools By mode of operation

Electric Pneumatic Others By country

North India South India East India West IndiaMajor global players in the India power tools market include Atlas Copco AB, Snap-on International, Techtronic Industries Co. Ltd., Danaher Corporation, Actuant Corporation and SKF AB. Key regional players include Stanley Black & Decker, Hitachi Koki Co. Ltd., Makita Corporation, Robert Bosch GmbH and Kulkarni Power Tools.

For More Information or Query or Customization Before Buying, Visit:
https://www.futuremarketinsights.com/customization-available/rep-gb-1929

Long-term Outlook: India’s power tools market is expected to register a healthy CAGR of 9.5% in terms of volume and 8.9% in terms of value over the forecast period, 2016–2026. Electric power tools market is estimated to account for 56.6% in terms of revenue share by end of 2026.

Explore wide-ranging Coverage of FMI’s Industrial Automation Market Insights Landscape

Power Transformer Market – The power transformer market is poised to grow at 4.6% CAGR from 2021 to 2031, with overall valuation expected to reach US$ 21.9 billion in 2021. Future Market Insights (FMI) forecasts total sales to surpass 2000 units by the end of 2031.

Conveyor System Market  – The Conveyor system market will register steady growth with the overall valuation forecast to surpass US$ 13.7 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Global Conveyor system sales are expected to return to 2019 level, with shipments expected to reach 16,000 units by the end of 2031, says FMI.

Ultra Short Base Line Positioning System Market – Ultra Short Base Line Positioning System Market By Operating Frequency Range(14-18 kHz, 20-30 kHz), Nominal Range(Shallow (upto 150 m), Medium (upto 1,000 m), Deep (upto 10,000 m)), Antenna Aperture(70 Degree, 100 Degree), End User(Cartography, Diver Tracking), & Region – Forecast 2021 – 2031

About Future Market Insights (FMI)

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, and has delivery centers in the UK, U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Contact:

Future Market Insights,

1602-6 Jumeirah Bay X2 Tower,

Plot No: JLT-PH2-X2A,

Jumeirah Lakes Towers, Dubai,

United Arab Emirates

For Sales Enquiries: [email protected]

For Media Enquiries: [email protected]

Website: https://www.futuremarketinsights.com/

Report: https://www.futuremarketinsights.com/reports/India-Power-Tool-Market 

Press Release Source: https://www.futuremarketinsights.com/press-release/India-Power-Tool-Marketv