Mercado global de ferramentas elétricas – Tendências do setor e previsão para 2031

Análise e dimensão do mercado de ferramentas elétricas

Na reparação e manutenção automóvel, as ferramentas elétricas são indispensáveis ​​para tarefas como desapertar parafusos, fazer furos e polir superfícies. As chaves de impacto e as roquetes pneumáticas são ferramentas elétricas essenciais que funcionam bem para o acionamento, acelerando o processo de remoção e instalação de porcas e parafusos. Os berbequins elétricos e as ferramentas pneumáticas facilitam as operações de perfuração, corte e retificação, enquanto os polidores garantem um acabamento elegante nas superfícies dos veículos. Estas ferramentas elétricas aumentam a eficiência, reduzem o esforço manual e permitem aos mecânicos completar tarefas de reparação e manutenção de forma rápida e precisa, minimizando o tempo de inatividade dos veículos e garantindo um desempenho ideal.

O tamanho do mercado global de ferramentas elétricas foi avaliado em 38,32 mil milhões de dólares em 2023 e deverá atingir os 59,70 mil milhões de dólares até 2031, com um CAGR de 5,70% durante o período de previsão de 2024 a 2031. Além dos insights sobre cenários de mercado, como o valor do mercado, a taxa de crescimento, a segmentação, a cobertura geográfica e os grandes players, os relatórios de mercado com curadoria da Data Bridge Market Research incluem também análises especializadas aprofundadas, produção e capacidade da empresa representada geograficamente, layouts de rede de distribuidores e parceiros, análise detalhada e atualizada das tendências de preços e análise do défice da cadeia de abastecimento e da procura.

Âmbito do relatório e segmentação de mercado       

Market Definition

Power tools are motorized devices designed to perform tasks efficiently, often used in construction, woodworking, or DIY projects. They encompass a wide range of tools, such as drills, saws, sanders, and grinders, offering increased speed, precision, and effectiveness compared to manual tools. Their versatility and ability to handle various materials make them essential for professionals and hobbyists alike.

Power Tools Market Dynamics

Drivers

• Rising Adoption of Power Tools due to Growing Stringent Government Regulations

The implementation of stringent government regulations aimed at enhancing workplace safety standards. These regulations mandate the use of advanced equipment to minimize occupational hazards and ensure worker well-being. As a result, industries and businesses are compelled to invest in power tools equipped with safety features and ergonomic designs to comply with these regulations. This rising demand for compliant tools is driving the growth of the power tools market, as manufacturers innovate to meet the evolving regulatory landscape while delivering efficient and safe solutions for various industrial applications.

• Growing Technological Advancements Improves Industrial Power Tools Efficiency

Innovations such as brushless motors, lithium-ion batteries, and smart features enhance performance, durability, and ease of use, attracting customers seeking higher-quality tools for industrial applications. These advancements enable power tools to be more lightweight, compact, and powerful, increasing their versatility across various industrial tasks. As manufacturers invest in research and development to stay competitive and meet evolving consumer demands, technological advancements remain pivotal in shaping the future of the industrial power tools industry.

Opportunities

• E-commerce Expansion Promotes Easy Availability of Power Tools

Online platforms provide an extensive range of power tools from various brands, allowing consumers to compare prices, features, and customer reviews conveniently. The ease of online transactions and doorstep delivery attracts both professionals and DIY enthusiasts, expanding the customer base. E-commerce also enables manufacturers to reach a wider audience, including remote or underserved areas, thereby increasing market penetration. The seamless shopping experience provided by e-commerce enhances the competitiveness and growth prospects of the power tools market.

• Emerging Markets Increases the Demand for Power Tools

Countries experiencing economic growth, such as those in Asia, Latin America, and Africa, witness increasing investments in construction, manufacturing, and automotive sectors. Rising disposable incomes in these regions fuel demand for power tools among both professionals and DIY enthusiasts. As emerging markets continue to develop, they represent significant growth prospects for the global power tools industry.

Restraints/Challenges

• High Initial Cost Limits the Adoption of Power Tools

Compared to traditional hand tools, power tools often require a larger upfront investment, which can deter adoption, particularly in regions with limited purchasing power. This barrier to entry limits the accessibility of power tools to certain segments of the market and hampers widespread adoption, slowing down market expansion. Additionally, the perception of high costs may lead some consumers to opt for cheaper alternatives or delay purchases, impacting sales and overall market growth potential.

• Increased Safety Concerns limits the Demand of Power Tools

Accidents and injuries resulting from improper use or malfunctioning of power tools can lead to legal liabilities, damage to brand reputation, and increased regulatory scrutiny. Stringent safety standards and regulations necessitate additional investments in product development and compliance, increasing manufacturing costs. Consumer awareness of safety issues influences purchasing decisions, leading to a preference for safer alternatives or reluctance to invest in power tools altogether.

This market,  report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market, contact data bridge market research for an analyst brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Developments

• In 2021, Stanley Black & Decker, Inc. collaborated with Eastman to enhance sustainability in the power tools market. BLACK+DECKER introduced reviva, the first sustainable power tools brand using Eastman's Tritan Renew copolyester, aiming to reduce environmental impact
• In 2021, DEWALT, under Stanley Black & Decker, launched the DEWALT POWERSTACK 20V MAX Compact Battery, a technological advancement promising enhanced performance for their cordless power tools, marking a new era in efficiency and usability
• In 2021, Robert Bosch Power Tools GmbH expanded its wood cutting and woodworking solutions range with the release of 18V and 12V cordless sanders, prioritizing convenience and ergonomic balance to cater to user needs effectively
• In 2021, Robert Bosch Power Tools GmbH launched new additions to its line of random orbit sanders, including the GEX33-6N 6 In., GEX33-5N 5 In., and GEX34-6N 6 In., designed specifically for professional use, emphasizing precision and durability

Power Tools Market Scope

The market is segmented on the basis type, mode of operation, application, material, end user and sales channel. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type

• Sawing and Cutting
  • Jigsaw
  • Reciprocating Saws
  • Circular Saws
  • Band Saws
  • Shears and Nibblers
• Drilling and Fastening
  • Drills
  • Impact Drivers
  • Impact Wrenches
  • Screwdrivers and Nutrunners
• Demolition
  • Demolition Hammers
• Routing
  • Routers/Planers/Joiners
• Portable Nibblers
• Air-Powered
• Material Removal
  • Sanders/Polishers/Buffers
  • Air Scalers
  • Grinders
  • Angle Grinders
  • Die and Straight Grinders
• Electric Cords and Plugs
• Accessories
• Others

 Mode of Operation

• Electric
• Corded
• Cordless
• Liquid Fuel Hydraulic
• Pneumatic
• Powder-Actuated

Application

• Concrete and Construction
• Woodworking
• Metalworking
• Welding
• Others

 Material

• Concrete
• Wood/Metal
• Brick/Block
• Glass
• Others

 End User

• Industrial/Professional
• Residential

 Sales Channel

• Indirect Sales
• Direct Sales

Power Tools Market Analysis/Insights

The market is analyzed and market size insights and trends are provided by country, type, mode of operation, application, material, end user and sales channel as referenced above.

The countries covered in the market report  U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the market in revenue and market share, driven by the consistent need for efficient and affordable tools across various industries. This dominance is bolstered by increasing government initiatives aimed at bolstering infrastructure and industrial development. The region's diverse industry verticals benefit from the availability of advanced and cost-effective power tools, contributing to its strong market position.

North America is expected to sustain its position with the highest growth rate, largely attributed to the significant presence of key market players such as Emerson Electric Co., Stanley Black and Decker, and Apex Tool Group in the region. These companies are poised to leverage their market expertise, technological innovation, and extensive distribution networks to capitalize on emerging opportunities in the power tools industry. Additionally, the region's robust infrastructure development projects and increasing demand for advanced and efficient tools are expected to further drive market growth in North America.

A secção do país do relatório também fornece fatores individuais de impacto no mercado e alterações na regulamentação do mercado interno que impactam as tendências atuais e futuras do mercado. Pontos de dados como a análise da cadeia de valor a jusante e a montante, tendências técnicas e análise das cinco forças de Porter, estudos de caso são alguns dos indicadores utilizados para prever o cenário de mercado para países individuais. Além disso, são considerados a presença e disponibilidade de marcas globais e os desafios enfrentados devido à grande ou escassa concorrência de marcas locais e nacionais, o impacto das tarifas nacionais e das rotas comerciais, ao mesmo tempo que se fornece uma análise de previsão dos dados do país.

Análise do cenário competitivo e da quota de mercado das ferramentas elétricas

O cenário competitivo do mercado fornece detalhes dos concorrentes. Os detalhes incluídos são a visão geral da empresa, finanças da empresa, receitas geradas, potencial de mercado, investimento em investigação e desenvolvimento, novas iniciativas de mercado, presença na Europa, localizações e instalações de produção, capacidades de produção, pontos fortes e fracos da empresa, lançamento de produtos, largura e amplitude do produto, e domínio da aplicação. Os dados acima fornecidos estão apenas relacionados com o foco das empresas em relação ao mercado.

Alguns dos principais players que operam no mercado são:

• Stanley Black & Decker, Inc.
• Robert Bosch GmbH (Alemanha)
• Techtronic Industries Co. (China)
• Makita (Japão)
• Corporação Hilti (Liechtenstein)
• Atlas Copco AB (Suécia)
• Ingersoll Rand (EUA)
• Snap-on Incorporated (EUA)
• Grupo de ferramentas Apex (EUA)
• Koki Holding Co., Ltd. (Japão)
• Honeywell International Inc.
• 3M (EUA)
• (EUA)
• Festool GmbH (Alemanha)
• KYOCERA Corporation (Japão)
• Grupo Husqvarna (Suécia)

SKU-52177