Dublin, Dec. 04, 2020 (GLOBE NEWSWIRE) -- The "Power Tool Accessories Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global power tool accessories market grew at a CAGR of around 4% during 2014-2019. Power tools accessories refer to the additional fittings that are used in various engine-driven power, electric and pneumatic power devices. Drills, screwdrivers, and router bits, abrasives wheels, saw blades, chippers and threading products are some of the commonly used power tool accessories. These accessories are ergonomically designed to enhance the efficiency, convenience of use, battery performance and connectivity of the power tools. They also aid in simplifying repetitive tasks and minimizing the chances of human errors and injuries. Owing to this, they find extensive applications across various sectors, including electronics, construction, logistics, manufacturing and aerospace.
Rapid industrialization, along with the emerging trend of automation across the globe, is one of the key factors driving the growth. Furthermore, expansion in the construction and automotive industries is also providing a boost to the market growth. In line with this, there is a growing demand for fabricated metals, such as stamped metal products, fasteners and springs, which are manufactured using power tools, thereby increasing the utilization of power tool accessories. The widespread adoption of cordless power tools equipped with high-density Lithium-ion (Li-ion) batteries is also creating a positive impact on the market growth.
In comparison to the traditionally used devices, cordless power tools, such as hammer drills, impact wrenches and circular saws, are more compact, mobile, multi-purpose and have a longer operational life. Other factors, including rapid urbanization, along with the development of smart technologies and low-cost and energy-efficient power tools, are projected to drive the market further. Looking forward, the publisher expects the market to continue its moderate growth during the next five years.
Breakup by Type:
- Drill Bits
- Screwdriver Bits
- Router Bits
- Circular Saw Blades
- Jig Saw Blades
- Band Saw Blades
- Abrasive Wheels
- Reciprocating Saw Blades
- Others
Breakup by Application:
- Hole Saws
- Miter Saw Blades
- Wire Wheels and Brushes
- Sander Backing Pad
- Abrasive Sanding Discs
- Others
Breakup by End-Use Sector:
- Industrial
- Automotive
- Construction
- Aerospace and Defense
- Energy
- Marine
- Others
- Residential
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Apex Tool Group LLC (Bain Capital Partners), Atlas Copco AB, Hilti Aktiengesellschaft, Husqvarna Group, Ingersoll-Rand Plc (Gardner Denver Holdings Inc.), Klein Tools Inc., Koki Holdings Co. Ltd. (KKR & Co. Inc.), Makita Corporation, Robert Bosch GmbH, Snap-On Incorporated, Stanley Black & Decker Inc., Techtronic Industries Company Limited, etc.
Key Topics Covered:
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Power Tool Accessories Market
5.1 Market Overview
5.2 Market Performance
5.3 Market Forecast
6 Market Breakup by Type
6.1 Drill Bits
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Screwdriver Bits
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Router Bits
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 Circular Saw Blades
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Jig Saw Blades
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Band Saw Blades
6.6.1 Market Trends
6.6.2 Market Forecast
6.7 Abrasive Wheels
6.7.1 Market Trends
6.7.2 Market Forecast
6.8 Reciprocating Saw Blades
6.8.1 Market Trends
6.8.2 Market Forecast
6.9 Others
6.9.1 Market Trends
6.9.2 Market Forecast
7 Market Breakup by Application
7.1 Hole Saws
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Miter Saw Blades
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Wire Wheels and Brushes
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Sander Backing Pad
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Abrasive Sanding Discs
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by End-Use Sector
8.1 Industrial
8.1.1 Market Trends
8.1.2 Major Types
8.1.2.1 Automotive
8.1.2.2 Construction
8.1.2.3 Aerospace and Defense
8.1.2.4 Energy
8.1.2.5 Marine
8.1.2.6 Others
8.1.3 Market Forecast
8.2 Residential
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.1.1 United States
9.1.1.1 Market Trends
9.1.1.2 Market Forecast
9.1.2 Canada
9.1.2.1 Market Trends
9.1.2.2 Market Forecast
9.2 Asia Pacific
9.2.1 China
9.2.1.1 Market Trends
9.2.1.2 Market Forecast
9.2.2 Japan
9.2.2.1 Market Trends
9.2.2.2 Market Forecast
9.2.3 India
9.2.3.1 Market Trends
9.2.3.2 Market Forecast
9.2.4 South Korea
9.2.4.1 Market Trends
9.2.4.2 Market Forecast
9.2.5 Australia
9.2.5.1 Market Trends
9.2.5.2 Market Forecast
9.2.6 Indonesia
9.2.6.1 Market Trends
9.2.6.2 Market Forecast
9.2.7 Others
9.2.7.1 Market Trends
9.2.7.2 Market Forecast
9.3 Europe
9.3.1 Germany
9.3.1.1 Market Trends
9.3.1.2 Market Forecast
9.3.2 France
9.3.2.1 Market Trends
9.3.2.2 Market Forecast
9.3.3 United Kingdom
9.3.3.1 Market Trends
9.3.3.2 Market Forecast
9.3.4 Italy
9.3.4.1 Market Trends
9.3.4.2 Market Forecast
9.3.5 Spain
9.3.5.1 Market Trends
9.3.5.2 Market Forecast
9.3.6 Russia
9.3.6.1 Market Trends
9.3.6.2 Market Forecast
9.3.7 Others
9.3.7.1 Market Trends
9.3.7.2 Market Forecast
9.4 Latin America
9.4.1 Brazil
9.4.1.1 Market Trends
9.4.1.2 Market Forecast
9.4.2 Mexico
9.4.2.1 Market Trends
9.4.2.2 Market Forecast
9.4.3 Others
9.4.3.1 Market Trends
9.4.3.2 Market Forecast
9.5 Middle East and Africa
9.5.1 Market Trends
9.5.2 Market Breakup by Country
9.5.3 Market Forecast
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 Apex Tool Group LLC (Bain Capital Partners)
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.2 Atlas Copco AB
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.2.4 SWOT Analysis
14.3.3 Hilti Aktiengesellschaft
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 SWOT Analysis
14.3.4 Husqvarna Group
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.5 Ingersoll-Rand plc (Gardner Denver Holdings Inc.)
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.6 Klein Tools, Inc.
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.7 Koki Holdings Co Ltd. (KKR & Co. Inc.)
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 SWOT Analysis
14.3.8 Makita Corporation
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Robert Bosch GmbH
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Snap-On Incorporated
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
14.3.11 Stanley Black & Decker Inc.
14.3.11.1 Company Overview
14.3.11.2 Product Portfolio
14.3.11.3 Financials
14.3.11.4 SWOT Analysis
14.3.12 Techtronic Industries Company Limited
14.3.12.1 Company Overview
14.3.12.2 Product Portfolio
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