Published by Coherent Market Insights
Posted on September 28, 2021
3 min readLast updated: February 1, 2026
The global power tools market is set to grow at a 5.1% CAGR, driven by innovation and key players like Apex Tool Group.
United States/WA: The global power tools market is estimated to account for US$ 30,000.8 Mn in terms of value in year 2019, and is expected to grow at CAGR of 5.1% for the period 2020-2027.
Report Pages:[130 Pages]
The Competitive Area of the Power Tools Market is Defined by Key Players Like:–Apex Tool Group LLC, Atlas Copco AB, Emerson Electric, Co Techtronic Industries, Hilti Corporation, Stanley Black & Decker, Ingersoll-Rand plc, Robert Bosch, Koki Holdings Co., Ltd., and Makita Corporation. Key Developments
A Power Tool is a tool that is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools. The most common types of power tools use electric motors. Internal combustion engines and compressed air are also commonly used. Other power sources include steam engines, direct burning of fuels and propellants, such as in powder-actuated tools, or even natural power sources such as wind or moving water. Tools directly driven by animal power are not generally considered power tools. A power tool is defined as a machine or device which is powered by an additional mechanism or source than the human body. The most common source of power for these tools is an electric motor base, but there are some which are fueled by gasoline, however; this source of power is rare and generally applies to garden tools. power tool is a tool that is operated by an additional power source and mechanism other than the solely manual labor used with hand tools. The most common types of power tools use electric motors. Internal combustion engines and compressed air are also commonly used. Other power sources include steam engines, direct burning of fuels and propellants, such as in powder-actuated tools, or even natural power sources such as wind or moving water. Tools directly driven by animal power are not generally considered power tools. Power tools are tools / device that is powered by electricity or a battery. You can google the most common powertools manufacturer out there with the like of worx, makita, bosch, dewalt, milwaukee, ryobi, rockwell, ridgid, parkside, skil, hilti, hikoki, etc
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The post [PDF] Power Tools Market- The Best Technology and Innovation in Machinery Industry appeared first on Gatorledger.
The article discusses the growth and innovation in the global power tools market.
Key players include Apex Tool Group, Atlas Copco, and Emerson Electric.
The market is expected to grow at a CAGR of 5.1% from 2020 to 2027.
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