Global Power and Hand Tools Market, 2015-2021
Rising demand for power and hand tools in the market is anticipated to boost the market growth in the future. The increasing popularity of the power and hand tools among end-user is also anticipated to foster the market growth in future.
Rising demand for power and hand tools in the market is anticipated to boost the market growth in the future. The increasing popularity of the power and hand tools among end-user is also anticipated to foster the market growth in future.
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<strong>Power</strong> <strong>and</strong> H<strong>and</strong> <strong>Tools</strong> <strong>Market</strong><br />
<strong>Power</strong> tools are equipment usually designed for the variety of operations such as s<strong>and</strong>ing,<br />
heating, chiseling, polishing, <strong>and</strong> drilling. <strong>Power</strong> tools provide some extra power for the<br />
execution of the certain task. As compared to h<strong>and</strong> tool operation, it initializes with special<br />
mechanism rather than manual work. An electric motor is a very common example of the<br />
power tool used in a wide range of end-user applications. Earlier, the construction <strong>and</strong><br />
manufacturing industries used power tools for reducing their workload. Jackhammer, drill<br />
machine, crusher, disc s<strong>and</strong>er, circular saw, nail gun, heat gun, angle grinder wood router,<br />
<strong>and</strong> wall chaser are some examples of power tools. Few examples of h<strong>and</strong> tools secateurs,<br />
hammers, spanners, pliers, garden forks, screwdrivers, rakes, chisels, hook cutter, <strong>and</strong><br />
others.<br />
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Rising dem<strong>and</strong> for power <strong>and</strong> h<strong>and</strong> tools in the market is anticipated to boost the market<br />
growth in the future. The increasing popularity of the power <strong>and</strong> h<strong>and</strong> tools among end-user<br />
is also anticipated to foster the market growth in future. The market for power <strong>and</strong> h<strong>and</strong><br />
tools is growing owing to rapidly increasing urbanization. Increasing spending income of<br />
consumers will positively impact the power <strong>and</strong> h<strong>and</strong> tools market in future. Rising Do-It-<br />
Yourself (DIY) attitude among people is another factor contributing to the growth of the<br />
market. However, immense competition among the vendors may restrain the market growth<br />
globally.
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