Power Tools Market Size in Europe to Grow by USD 1.59 Billion, Apex Tool Group LLC and C. & E. Fein GmbH Among Key Vendors - Technavio

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Sep 22, 2022, 19:00 ET

NEW YORK, Sept. 22, 2022 /PRNewswire/ -- The power tools market in Europe has been segmented by technology (electric, pneumatic, and engine-driven), application (commercial, residential, and industrial), and geography (Germany, France, UK, Belgium, and Rest of Europe). The market size is expected to grow by USD 1.59 billion from 2021 to 2025, according to the latest report from Technavio. In addition, the growth momentum of the market will accelerate at a CAGR of 4.06% during the forecast period.

Technavio has announced its latest market research report titled Power Tools Market in Europe

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summary describing the market size and forecast along with research methodology

The power tools market in Europe report offers a comprehensive analysis of the strategies adopted by vendors and the trends, drivers, and challenges affecting the market growth. This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The power tools market in Europe covers the following areas:

Power Tools Market In Europe Sizing
Power Tools Market In Europe Forecast
Power Tools Market In Europe Analysis

Revenue-generating Technology Segment

The electric segment will be the largest contributor to market growth during the forecast period. Electric power tools can be further categorized into corded and cordless tools. Corded tools are preferred for cutting and nailing applications that require powerful motors. Corded tools are extensively used in applications where freedom of movement is not required.

Vendor Analysis

The power tools market in Europe is fragmented. Vendors are deploying various organic and inorganic growth strategies to compete in the market. 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.

Apex Tool Group LLC, C. & E. Fein GmbH, Emerson Electric Co., Hilti Corp., Ingersoll Rand Inc., Koki Holdings Co. Ltd., Makita Corp., Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd., among others, are the main players in the market. The key offerings of some of these vendors are listed below:

Apex Tool Group LLC - The company offers power tools under Weller, APEX, and Cleco brand names. Some of the products under these brands include NeoTek Corded Electric Nutrunners, CellCore - Cordless Electric, LiveWire 2 - 17 Series - Cordless Electric screwdriver, and 12LF Series - Die Grinder amongst others.
C. & E. Fein GmbH - The company offers ASCD 18-1000 W34 SELECT cordless impact wrench/driver, FEIN cordless grinders, and other power tools.
Emerson Electric Co. - The company offers RIDGID brand of power tools such as RIDGID Brushless 18V Hammer Drill/Driver and 3-Speed Impact Driver Combo Kit, RIDGID 12V Drill/Driver and Impact Driver Combo Kit, and JobMax Right Angle Impact Driver Head, among others.
Hilti Corp. - The company offers SDS Plus Rotary Hammers, SDS Max Rotary Hammers, Demolition Hammers and Breakers, Drill Drivers, and Screw Drivers, among others.
Ingersoll Rand Inc. - The company offers W5132 Cordless Impact Wrench, G1621 Cordless Polisher/Sander, and 35MAX Ultra-compact Impact Tool amongst others.

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Power Tools Market in Europe Scope
Report Coverage	Details
Page number	120
Base year	2020
Forecast period	2021-2025
Growth momentum & CAGR	Accelerate at a CAGR of 4.06%
Market growth 2021-2025	USD 1.59 billion
Market structure	Fragmented
YoY growth (%)	3.25
Regional analysis	Germany, France, UK, Belgium, and Rest of Europe
Performing market contribution	Rest of Europe at 65%
Key consumer countries	Germany, France, UK, Belgium, and The Netherlands
Competitive landscape	Leading companies, competitive strategies, consumer engagement scope
Companies profiled	Apex Tool Group LLC, C. & E. Fein GmbH, Emerson Electric Co., Hilti Corp., Ingersoll Rand Inc., Koki Holdings Co. Ltd., Makita Corp., Robert Bosch GmbH, Stanley Black & Decker Inc., and Techtronic Industries Co. Ltd.
Market Dynamics	Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and 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.

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Key Topics Covered

Executive Summary

Market Landscape

Market ecosystem
Market characteristics
Value chain analysis

Market Sizing

Market definition
Market segment analysis
Market size 2020
Market outlook: Forecast for 2020 - 2025

Five Forces Analysis

Five forces summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition

Market Segmentation by Application

Market segments
Comparison by Application
Commercial - Market size and forecast 2020-2025
Residential - Market size and forecast 2020-2025
Industrial - Market size and forecast 2020-2025
Market opportunity by Application

Market Segmentation by Technology

Market segments
Comparison by Technology
Electric - Market size and forecast 2020-2025
Pneumatic - Market size and forecast 2020-2025
Engine-driven - Market size and forecast 2020-2025
Market opportunity by Technology

Customer landscape

Geographic Landscape

Geographic segmentation
Geographic comparison
Germany - Market size and forecast 2020-2025
France - Market size and forecast 2020-2025
UK - Market size and forecast 2020-2025
Belgium - Market size and forecast 2020-2025
Rest of Europe - Market size and forecast 2020-2025
Market opportunity by geography
Market drivers
Market challenges
Market trends

Vendor Landscape

Competitive scenario
Vendor landscape
Landscape disruption
Industry risks

Vendor Analysis

Vendors covered
Market positioning of vendors
Apex Tool Group LLC
C. & E. Fein GmbH
Emerson Electric Co.
Hilti Corp.
Ingersoll Rand Inc.
Koki Holdings Co. Ltd.
Makita Corp.
Robert Bosch GmbH
Stanley Black & Decker Inc.
Techtronic Industries Co. Ltd.

Appendix

Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations

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