NEW YORK, Nov. 3, 2021 /PRNewswire/ -- The power tools accessories market in the UK is expected to grow by USD 29.76 million from 2020 to 2025, progressing at a CAGR of 3.82% according to the latest report by Technavio.
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Power Tools Accessories Market in UK 2021-2025: Vendor Analysis
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Caterpillar Inc., Festool GmbH, Hilti Corp., Koki Holdings Co. Ltd., KYOCERA Corp., Makita USA Inc., Milwaukee Electric Tool Corp., Robert Bosch GmbH, Snap-on Inc., and Stanley Black and Decker Inc. are some of the major market participants.
Power Tools Accessories Market in UK 2021-2025: Drivers & Challenges
The growing demand for power tools for DIY projects, increase in demand from professional end-user industries and the growing popularity of cordless power tools will offer immense growth opportunities. However, the influx of Chinese brands might hamper the market growth.
Power Tools Accessories Market in UK 2021-2025: Scope
Our power tools accessories market in UK report covers the following areas:
Power Tools Accessories Market in UK 2021-2025: Revenue Generating Segment
The power tools accessories market share growth in UK by the professional segment will be significant during the forecast period.
Power Tools Accessories Market in UK 2021-2025: Segmentation
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
We provide a detailed analysis of around 25 vendors operating in the Power Tools Accessories Market in UK. Backed with competitive intelligence and benchmarking, our research reports on the Power Tools Accessories Market in UK are designed to provide entry support, customer profile, and M&As as well as go-to-market strategy support.
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Power Tools Accessories Market in UK 2021-2025: Key Highlights
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Power Tools Market -The power tools market size is expected to grow by USD 8.07 bn and record a CAGR of 4% during 2020-2024. Download a free sample report now!
Power Tools Market in US - The power tools market in US value is projected to grow by USD 1.63 billion at a CAGR of 3.33% during 2021-2025. Download a free sample report now!
Power Tools Accessories Market In UK Scope |
|
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.82% |
Market growth 2021-2025 |
USD 29.76 million |
Market structure |
Fragmented |
YoY growth (%) |
2.27 |
Regional analysis |
UK |
Performing market contribution |
UK at 100% |
Key consumer countries |
UK |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Caterpillar Inc., Festool GmbH, Hilti Corp., Koki Holdings Co. Ltd., KYOCERA Corp., Makita USA Inc., Milwaukee Electric Tool Corp., Robert Bosch GmbH, Snap-on Inc., and Stanley Black and Decker Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
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Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
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