Global Household Power Tools Market Growth 2023-2029

Global Household Power Tools Market Growth 2023-2029

Household Power Tools refer to general-purpose electric tools for household use. These tools are mainly used in occasions where accuracy is not high and the continuous operation time is not long, so the technical content is not high.
LPI (LP Information)' newest research report, the “Household Power Tools Industry Forecast” looks at past sales and reviews total world Household Power Tools sales in 2022, providing a comprehensive analysis by region and market sector of projected Household Power Tools sales for 2023 through 2029. With Household Power Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Household Power Tools industry.
This Insight Report provides a comprehensive analysis of the global Household Power Tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Household Power Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Household Power Tools market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Household Power Tools and breaks down the forecast by type, by distribution channel, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Household Power Tools.
The global Household Power Tools market size is projected to grow from US$ 14720 million in 2022 to US$ 20830 million in 2029; it is expected to grow at a CAGR of 20830 from 2023 to 2029.
Global Household Power Tools key players include Stanley Black ＆ Decker (DeWalt), Bosch, TTI, Makita, HiKOKI, etc. Global top five manufacturers hold a share over 65%.
North America is the largest market, with a share about 35%, followed by Europe and Japan, both have a share about 40 percent.
In terms of product, Electric Drill is the largest segment, with a share about 40%. And in terms of application, the largest application is Online, followed by Offline.
This report presents a comprehensive overview, market shares, and growth opportunities of Household Power Tools market by product type, distribution channel, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Electric Drill
Cordless Driver Drill
Electric Wrench
Electric Rotary Hammer
Electric Screwdriver
Others
Segmentation by distribution channel
Online
Offline
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Stanley Black & Decker (DeWalt)
Bosch
TTI
Makita
HiKOKI
Hilti
Einhell
Snap-On
DEVON (Chevron Group)
Festool
Dongcheng
C. & E. Fein
Positec Group
Jiangsu Jinding
KEN
Food Packaging Barrier Film
ChinaBoda

Key Questions Addressed in this Report
What is the 10-year outlook for the global Household Power Tools market?
What factors are driving Household Power Tools market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Household Power Tools market opportunities vary by end market size?
How does Household Power Tools break out type, distribution channel?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.