The multinational Power Tool Accessories market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
Power tool accessories are products used in power tools. Power tool accessories include drill bits, screwdriver bits, router bits, abrasives, saw blades and threading products, etc.
The US was the world\'s largest consumer and second largest producer of power tools, accounting for 24 percent of sales and 12 percent of output. The US market will account for approximately one-sixth of additional global sales. The country is a significant market for power tools because it is home to substantial tool using industries such as construction, general manufacturing, and motor vehicle production and repair.
China was the second largest national market for power tools, with ten percent of global demand, and was the largest producer, with one-third of global output. In addition, power tool growth in China through 2018 will be nearly double the global average.
In the global Power Tool Accessories market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
Stanley Black & Decker
Bosch
Techtronic
Makita
Snap-on
Hilti
Hitachi Koki
Husqvarna
Baier
Klein Tools
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Drill Bits
Screwdriver Bits
Router Bits
Circular Saw Blades
Jig Saw Blades
Band Saw Blades
Abrasive Wheels
Reciprocating Saw Blades
In market segmentation by applications :
Hole Saws
Miter Saw Blades
Wire Wheels & Brushes
Sander Backing Pad
Abrasive Sanding Discs
Sandpaper
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Power Tool Accessories market for the forecast period 2020 - 2025?
• What are the driving forces in the Power Tool Accessories market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Power Tool Accessories industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?