Huge Demand of Global Fastening Power Tools Market during 2021-2026
New Study Reports ” Fastening Power Tools Market 2021: Global Key Players, Trends, Share, Industry Size, Segmentation, Opportunities, Forecast To 2026″ has been Added on MarketResearchFuture.
Report Overview
The report on the Fastening Power Tools Market provided based on the recent developments and data that has been collated from the previous year’s looks to provide a thorough understanding. The market overview provided in the initial section looks to provide the reader with adequate information regarding the product and services. It focuses on the market definition along with the product applications and end-user industries. The report covers a period spanning from 2021 to 2026. Competitive analysis and prominent industry trends have been included in the in-depth study provided in the main section of the report.
Persistence Market Research delivers key insights on the global fastening power tools market in a new report titled ‘Fastening Power Tools Market: Global Industry Analysis 2013–2017 and Forecast 2018–2026.’ The long-term outlook on the global fastening power tools market remains positive, with market value expected to increase at a CAGR of 6.9% during the forecast period (2018 – 2026). Among product type, corrugated fasteners are expected to expand at a significant growth rate in terms of value over the forecast period. Global sales of fastening power tools was valued at US$ 2,266.5 Mn in 2017. Europe is estimated to account for a value share of 32.8% in the global fastening power tools market by 2018 end and is anticipated to retain its dominance throughout the forecast period. In this report, Persistence Market Research throws light on the drivers and restraints likely to impact revenue growth of the market during the forecast period.
Key Players:
The report has profiled some of the Important players prevalent in the global like – Makita Corporation, Hitachi Koki Co., Ltd., C. & E. Fein GmbH, DEWALT, Hilti Corporation, Xindalu Electronic Technology Co., Ltd., Wacker Neuson SE, Techtronic Industries Co. Ltd., SENCO, MAX Co., Ltd., Sumake Industrial Co., Ltd., AIMCO. and more.
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Fastening Power Tools.
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Key Market Dynamics
Some of the top factors driving the growth of the global fastening power tools market in the present scenario are the rising housing investments, increasing automotive sales and production, and stringent government regulations for worker safety that mandate employers to assess hazards at the workplace and provide workers with personal protective equipment as required. Stringent regulations in conjunction with increasing awareness of safety at the workplace is driving revenue growth of the global fastening power tools market.
Emerging markets include countries undergoing rapid economic growth and industrialization and are poised to emerge as substantial markets. These countries play a crucial role as they create demand for fastening power tools as they become manufacturing hubs and modernize their infrastructure. Growing industrialization in emerging countries such as China, Brazil and South Africa is expected to fuel demand for fastening power tools globally during the forecast period. Governmental support coupled with the increased outsourcing of manufacturing endeavors from developed nations has propelled industrialization in these emerging economies.
However, the global fastening power tools market is expected to face some challenges. Intense pricing competition is one of the main reasons that can affect the growth of the fastening power tools market in the coming years. Moreover, increased automation in the production process is another factor that may impact the demand for fastening power tools, in turn restricting revenue growth of the global fastening power tools market.
Segmentation Analysis
The fastening power tools market is segmented on the basis of product type, technology, mode of sales, end-use application, and region. On the basis of product type, the screw system segment is anticipated to continue its dominance in the global market in terms of volume over the forecast period. In terms of value, the rebar tier machine segment is estimated to account for 36.5% of the global fastening power tools market to reach US$ 875.9 Mn in value by the end of 2018.
Region Coverage (Regional Production, Demand & Forecast by Countries etc.):
North America (U.S., Canada, Mexico)
Europe (Germany, U.K., France, Italy, Russia, Spain etc.)
Asia-Pacific (China, India, Japan, Southeast Asia etc.)
South America (Brazil, Argentina etc.)
Middle East & Africa (Saudi Araia, South Africa etc.)
Key Stakeholders
Fastening Power Tools Market Manufacturers
Fastening Power Tools Market Distributors/Traders/Wholesalers
Fastening Power Tools Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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View Report Table of Contents, Figures, and Tables
Major Highlights of the Fastening Power Tools Market Report:
- The Fastening Power Tools Market analysis report offers an in-depth study of the potential market growth opportunities and challenges.
- The report dives deeper into the market and explains the dynamic factors bolstering market growth.
- The report deeply assesses the current, historical market size, market share, and revenue growth rates to offer accurate market projections for the forecast period.
- The report analyzes the Fastening Power Tools Market presence across major regions of the world.
- It determines the production & consumption capacities and demand & supply dynamics of each regional market.
- The report further illustrates the intense competition among the key market players and highlights their effective business expansion plans and strategies.
- It provides company overview and SWOT analysis of each of the market players.
Key Questions Answered in This Report.
- What will the Market growth rate in Future?
- What are the key factors driving the global Market?
- Who are the key manufacturers in Market space?
- What are the opportunities and threats faced by the vendors in the global industry?
- What are sales, revenue, and price analysis by regions of industry?
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