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Power Tools Market Size in Europe to Grow by USD 1.59 Billion, Apex Tool Group LLC and C. & E. Fein GmbH Among Key Vendors - Technavio

·6 min read

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The power tools market in Europe has been segmented by technology (electric, pneumatic, and engine-driven), application (commercial, residential, and industrial), and geography (Germany, France, UK, Belgium, and Rest of Europe). The market size is expected to grow by USD 1.59 billion from 2021 to 2025, according to the latest report from Technavio. In addition, the growth momentum of the market will accelerate at a CAGR of 4.06% during the forecast period.

Technavio has announced its latest market research report titled Power Tools Market in Europe
Technavio has announced its latest market research report titled Power Tools Market in Europe

Download Our FREE PDF Sample Report and gain access to a comprehensive report
summary describing the market size and forecast along with research methodology

The power tools market in Europe report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market growth. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The power tools market in Europe covers the following areas:

Power Tools Market In Europe Sizing
Power Tools Market In Europe Forecast
Power Tools Market In Europe Analysis

Revenue-generating Technology Segment

The electric segment will be the largest contributor to market growth during the forecast period. Electric power tools can be further categorized into corded and cordless tools. Corded tools are preferred for cutting and nailing applications that require powerful motors. Corded tools are extensively used in applications where freedom of movement is not required.

Vendor Analysis

The power tools market in Europe is fragmented. Vendors are deploying various organic and inorganic growth strategies to compete in the market. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments while maintaining their positions in the slow-growing segments.

Apex Tool Group LLC, C. & E. Fein GmbH, Emerson Electric Co., Hilti Corp., Ingersoll Rand Inc., Koki Holdings Co. Ltd., Makita Corp., Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd., among others, are the main players in the market. The key offerings of some of these vendors are listed below:

  • Apex Tool Group LLC - The company offers power tools under Weller, APEX, and Cleco brand names. Some of the products under these brands include NeoTek Corded Electric Nutrunners, CellCore - Cordless Electric, LiveWire 2 - 17 Series - Cordless Electric screwdriver, and 12LF Series - Die Grinder amongst others.

  • C. & E. Fein GmbH - The company offers ASCD 18-1000 W34 SELECT cordless impact wrench/driver, FEIN cordless grinders, and other power tools.

  • Emerson Electric Co. - The company offers RIDGID brand of power tools such as RIDGID Brushless 18V Hammer Drill/Driver and 3-Speed Impact Driver Combo Kit, RIDGID 12V Drill/Driver and Impact Driver Combo Kit, and JobMax Right Angle Impact Driver Head, among others.

  • Hilti Corp. - The company offers SDS Plus Rotary Hammers, SDS Max Rotary Hammers, Demolition Hammers and Breakers, Drill Drivers, and Screw Drivers, among others.

  • Ingersoll Rand Inc. - The company offers W5132 Cordless Impact Wrench, G1621 Cordless Polisher/Sander, and 35MAX Ultra-compact Impact Tool amongst others.

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Power Tools Market in Europe Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 4.06%

Market growth 2021-2025

USD 1.59 billion

Market structure

Fragmented

YoY growth (%)

3.25

Regional analysis

Germany, France, UK, Belgium, and Rest of Europe

Performing market contribution

Rest of Europe at 65%

Key consumer countries

Germany, France, UK, Belgium, and The Netherlands

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Apex Tool Group LLC, C. & E. Fein GmbH, Emerson Electric Co., Hilti Corp., Ingersoll Rand Inc., Koki Holdings Co. Ltd., Makita Corp., Robert Bosch GmbH, Stanley Black & Decker Inc., and Techtronic Industries Co. Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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Key Topics Covered

Executive Summary

Market Landscape

  • Market ecosystem

  • Market characteristics

  • Value chain analysis

Market Sizing

  • Market definition

  • Market segment analysis

  • Market size 2020

  • Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

  • Five forces summary

  • Bargaining power of buyers

  • Bargaining power of suppliers

  • Threat of new entrants

  • Threat of substitutes

  • Threat of rivalry

  • Market condition

Market Segmentation by Application

  • Market segments

  • Comparison by Application

  • Commercial - Market size and forecast 2020-2025

  • Residential - Market size and forecast 2020-2025

  • Industrial - Market size and forecast 2020-2025

  • Market opportunity by Application

Market Segmentation by Technology

  • Market segments

  • Comparison by Technology

  • Electric - Market size and forecast 2020-2025

  • Pneumatic - Market size and forecast 2020-2025

  • Engine-driven - Market size and forecast 2020-2025

  • Market opportunity by Technology

Customer landscape

Geographic Landscape

  • Geographic segmentation

  • Geographic comparison

  • Germany - Market size and forecast 2020-2025

  • France - Market size and forecast 2020-2025

  • UK - Market size and forecast 2020-2025

  • Belgium - Market size and forecast 2020-2025

  • Rest of Europe - Market size and forecast 2020-2025

  • Market opportunity by geography

  • Market drivers

  • Market challenges

  • Market trends

Vendor Landscape

  • Competitive scenario

  • Vendor landscape

  • Landscape disruption

  • Industry risks

Vendor Analysis

  • Vendors covered

  • Market positioning of vendors

  • Apex Tool Group LLC

  • C. & E. Fein GmbH

  • Emerson Electric Co.

  • Hilti Corp.

  • Ingersoll Rand Inc.

  • Koki Holdings Co. Ltd.

  • Makita Corp.

  • Robert Bosch GmbH

  • Stanley Black & Decker Inc.

  • Techtronic Industries Co. Ltd.

Appendix

  • Scope of the report

  • Currency conversion rates for US$

  • Research methodology

  • List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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Technavio Research
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
Newsroom: newsroom.technavio.org/news/power-toolsmarket

Power Tools Market in Europe
Power Tools Market in Europe
Cision
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