Power Tools
US demand for power tools is projected to increase 3.9% per year to $8.2 billion in 2022. These products will benefit from continuing technology developments and ongoing strength in construction and manufacturing markets, as well as sanguine economic conditions leading to formation of new households and home purchases, which spur consumers to buy power tools.
This report covers power tools by Product, Power Source, Market, and Distribution Channel, along with a discussion of general power tool industry trends and consumer trends. Data are given in dollar value.
Power tools covered in the study include:
Electric products (drills; saws; sanders, polishers, and grinders; screwdrivers; impact wrenches; planers and routers; hammers; other electric tools; and parts and attachments)
Pneumatic products (nailers and staplers; impact wrenches; drills and screwdrivers; percussion tools; sanders, polishers, and grinders; other pneumatic tools; and parts and attachments)
Other products
Power sources covered in the study include:
Plug-in, cordless, pneumatic, and other (hydraulic, powder-actuated, and engine-driven)
Markets for power tools include:
Professional (construction, automotive aftermarket, and industrial and other professional)
Consumer
Distribution channels covered in the study include:
Home centers
Direct sales and distributors
Hardware stores
E-commerce
Mass marketers
Scope of the Report
This report covers the scope, size, and growth of the US power tools market including key trends in applications and market segmentation. Historical data are provided for 2007, 2012, and 2017 with forecasts for 2022, with year-by-year historical market volatility also addressed. Data are provided in dollar value. Also included are survey data on consumer preferences and behavior and analysis of the industry’s key players and their market shares.
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