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MORE THAN $7 BILLION OPPORTUNITIES IN THE POWER TOOL ACCESSORIES MARKET, GROWING AT A CAGR OF 5.9% DURING 2022-2028- ARIZTONCHICAGO, March 7, 2023 /PRNewswire/ -- According to Arizton's latest research report, the global power tool accessories market is expected to grow at a CAGR of approximately 5.98% during 2022-2028.  DOWNLOAD THE FREE SAMPLE REPORT NOW: https://www.arizton.com/request-sample/3738 BROWSE IN-DEPTH TOC ON THE POWER TOOLS ACCESSORIES MARKET With the development of new generation batteries, vendors are trying to implement cordless features in heavy power tools such as demolition hammers and hammer drills, which have the least penetration worldwide. Such initiatives will further enhance and help with product development in the global power tool accessories market. The DIY culture has become increasingly popular across most developed and developing economies during the past decade. Although the DIY trend was popular only in western countries initially, it is being rapidly adopted in countries across APAC and Latin America. Moreover, the DIY home improvement market is expected to grow at a CAGR of 2.67% by 2024. Most small household activities, such as woodwork and hardware work, will increase the demand for drillers, impact wrenches, and saws. Power tools, along with hand and decorative tools, are the most important components of DIY projects. Therefore, most power tool vendors focus on designing compact, user-friendly power tools powered by batteries. The high demand for such power tools is expected to generate huge demand for power tool accessories in the coming years. POWER TOOL ACCESSORIES MARKET REPORT SCOPE
DOWNLOAD THE FREE SAMPLE REPORT NOW: https://www.arizton.com/request-sample/3738 The US power tool accessories market is expected to grow at a CAGR of 5.61% to reach $4.8 billion by 2028. The US, the home to NASA, leads in the aerospace industry, which involves producing more aerospace components, where power tools are one of the most basic tools used for soldering and de-soldering circuit boards in satellites. The complexity of the circuit design and miniaturized device enhancements might pose challenges for the power tool vendors, which can help worth product development and customization in the future. Stanley Black & Decker, Milwaukee, and Bosch are some of the leading brands for power tool accessories in the US. Factors such as the high internet penetration and widespread availability of online retail channels have enabled people in the country to purchase more products online. Thus, e-commerce serves as a major mode of sales in the country. Manufacturers also distribute their products through their preferred suppliers and retailers, based on the region and performance, primarily targeted toward the industrial end-use. Thus, the scope and demand for power tool accessories are increasing in the country's domestic, commercial, and industrial applications, along with the rising utilization of pneumatic, hydraulic, and electric power tools. Download the U.S. Power Tool Accessories Market Free Sample Report Now: https://www.arizton.com/request-sample/3740 KEY POWER TOOL ACCESSORIES COMPANY PROFILED IN THE REPORT ARE:
DOWNLOAD THE FREE SAMPLE REPORT NOW: https://www.arizton.com/request-sample/3738 MARKET SEGMENTATION Distribution Channel
Accessory Type
End User
Geography
DOWNLOAD THE FREE SAMPLE REPORT NOW: https://www.arizton.com/request-sample/3738 TABLE OF CONTENT 1 RESEARCH METHODOLOGY 2 RESEARCH OBJECTIVES 3 RESEARCH PROCESS 4 SCOPE & COVERAGE 4.1 MARKET DEFINITION 4.1.1 INCLUSIONS 4.1.2 EXCLUSIONS 4.1.3 MARKET ESTIMATION CAVEATS 4.2 BASE YEAR 4.3 SCOPE OF THE STUDY 4.3.2 MARKET SEGMENTATION BY DISTRIBUTION CHANNEL 4.3.3 MARKET SEGMENTATION BY ACCESSORY TYPE 4.3.4 MARKET SEGMENTATION BY END USER 4.3.5 MARKET SEGMENTATION BY GEOGRAPHY 5 REPORT ASSUMPTIONS & CAVEATS 5.1 KEY CAVEATS 5.2 CURRENCY CONVERSION 5.3 MARKET DERIVATION 6 MARKET AT A GLANCE 7 PREMIUM INSIGHTS 7.1 REPORT OVERVIEW 7.2 IMPACT OF COVID-19 AND ANALYSIS 7.3 OPPORTUNITY & CHALLENGE ANALYSIS 7.4 SEGMENT ANALYSIS 7.5 REGIONAL ANALYSIS 7.6 COMPETITIVE LANDSCAPE 8 INTRODUCTION 8.1 OVERVIEW 8.2 VALUE CHAIN ANALYSIS 8.2.1 RAW MATERIALS & COMPONENT SUPPLIERS 8.2.2 MANUFACTURERS 8.2.3 DEALERS/DISTRIBUTORS 8.2.4 RETAILERS 8.2.5 END USERS 8.3 UNREST IN EUROPE 8.4 LOOMING GLOBAL RECESSION 8.5 EMERGING MARKET SCENARIO DURING POST-COVID-19 ERA 8.6 FREQUENTLY ASKED QUESTIONS 8.6.1 WHAT WILL BE THE GROWTH RATE OF THE GLOBAL POWER TOOL ACCESSORIES MARKET DURING THE FORECAST PERIOD? 8.6.2 WHAT ARE THE MAJOR GROWTH BARRIERS FOR THE GLOBAL POWER TOOL ACCESSORIES MARKET? 8.6.3 WHAT IS THE STATE OF THE REGIONAL POWER TOOL ACCESSORIES MARKETS WORLDWIDE? 8.6.4 IS PURCHASING A POWER TOOL ACCESSORY MORE COST-EFFECTIVE THAN USING A POWER TOOL? 9 MARKET OPPORTUNITIES & TRENDS 9.1 GROWING PROMINENCE OF ASIAN MANUFACTURING 9.2 INDUSTRY 4.0 & SMART PRECISION MANUFACTURING 9.3 EXPONENTIAL GROWTH OF CONSTRUCTION INDUSTRY 9.4 SURGE IN DEMAND FOR PREFABRICATED BUILDINGS 9.5 RISE IN WIND & SOLAR ENERGY INSTALLATIONS 10 MARKET GROWTH ENABLERS 10.1 ADVANCES IN LI-ION BATTERY TECHNOLOGY 10.2 RISE IN HOME IMPROVEMENT & DIY PROJECTS 10.3 SURGE IN APPLICATIONS OF FASTENING TOOLS 10.4 RISE IN NUMBER OF INFRASTRUCTURE DEVELOPMENT PROJECTS 11 MARKET RESTRAINTS 11.1 HIGH AVAILABILITY OF HAND TOOLS AND LOW-COST LABOR 11.2 FLUCTUATIONS IN RAW MATERIAL PRICING 11.3 END-USER VARIABILITY 12 MARKET LANDSCAPE 12.1 MARKET OVERVIEW 12.2 MARKET SIZE & FORECAST 12.3 FIVE FORCES ANALYSIS 12.3.1 THREAT OF NEW ENTRANTS 12.3.2 BARGAINING POWER OF SUPPLIERS 12.3.3 BARGAINING POWER OF BUYERS 12.3.4 THREAT OF SUBSTITUTES 12.3.5 COMPETITIVE RIVALRY 13 ACCESSORY TYPE 13.1 MARKET SNAPSHOT & GROWTH ENGINE 13.2 MARKET OVERVIEW 13.3 DRILL BITS 13.3.1 MARKET OVERVIEW 13.3.2 MARKET SIZE & FORECAST 13.3.3 MARKET BY GEOGRAPHY 13.4 SCREWDRIVER BITS 13.4.1 MARKET OVERVIEW 13.4.2 MARKET SIZE & FORECAST 13.4.3 MARKET BY GEOGRAPHY 13.5 ROUTER BITS 13.5.1 MARKET OVERVIEW 13.5.2 MARKET SIZE & FORECAST 13.5.3 MARKET BY GEOGRAPHY 13.6 CIRCULAR SAW BLADES 13.6.1 MARKET OVERVIEW 13.6.2 MARKET SIZE & FORECAST 13.6.3 MARKET BY GEOGRAPHY 13.7 JIGSAW BLADES 13.7.1 MARKET OVERVIEW 13.7.2 MARKET SIZE & FORECAST 13.7.3 MARKET BY GEOGRAPHY 13.8 BAND SAW BLADES 13.8.1 MARKET OVERVIEW 13.8.2 MARKET SIZE & FORECAST 13.8.3 MARKET BY GEOGRAPHY 13.9 ABRASIVE WHEELS 13.9.1 MARKET OVERVIEW 13.9.2 MARKET SIZE & FORECAST 13.9.3 MARKET BY GEOGRAPHY 13.10 RECIPROCATING SAW BLADES 13.10.1 MARKET OVERVIEW 13.10.2 MARKET SIZE & FORECAST 13.10.3 MARKET BY GEOGRAPHY 13.11 BATTERIES 13.11.1 MARKET OVERVIEW 13.11.2 MARKET SIZE & FORECAST 13.11.3 MARKET BY GEOGRAPHY 13.12 OTHERS 13.12.1 MARKET OVERVIEW 13.12.2 MARKET SIZE & FORECAST 13.12.3 MARKET BY GEOGRAPHY 14 END USER 14.1 MARKET SNAPSHOT & GROWTH ENGINE 14.2 MARKET OVERVIEW 15 INDUSTRIAL 15.1 MARKET SNAPSHOT & GROWTH ENGINE 15.2 MARKET OVERVIEW 15.2.1 MARKET SIZE & FORECAST 15.2.2 MARKET BY GEOGRAPHY 15.3 CONSTRUCTION 15.3.1 MARKET OVERVIEW 15.3.2 EMERGING MARKET SCENARIO AFTER COVID-19 15.3.3 MARKET SIZE & FORECAST 15.3.4 MARKET BY GEOGRAPHY 15.4 AUTOMOTIVE 15.4.1 MARKET OVERVIEW 15.4.2 EMERGING MARKET SCENARIO AFTER COVID-19 15.4.3 MARKET SIZE & FORECAST 15.4.4 MARKET BY GEOGRAPHY 15.5 AEROSPACE 15.5.1 MARKET OVERVIEW 15.5.2 EMERGING MARKET SCENARIO AFTER COVID-19 15.5.3 MARKET SIZE & FORECAST 15.5.4 MARKET BY GEOGRAPHY 15.6 ELECTRONICS 15.6.1 MARKET OVERVIEW 15.6.2 EMERGING MARKET SCENARIO AFTER COVID-19 15.6.3 MARKET SIZE & FORECAST 15.6.4 MARKET BY GEOGRAPHY 15.7 ENERGY 15.7.1 MARKET OVERVIEW 15.7.2 EMERGING MARKET SCENARIO AFTER COVID-19 15.7.3 MARKET SIZE & FORECAST 15.7.4 MARKET BY GEOGRAPHY 15.8 SHIPBUILDING 15.8.1 MARKET OVERVIEW 15.8.2 EMERGING MARKET SCENARIO AFTER COVID-19 15.8.3 MARKET SIZE & FORECAST 15.8.4 MARKET BY GEOGRAPHY 15.9 OTHER INDUSTRIES 15.9.1 MARKET OVERVIEW 15.9.2 MARKET SIZE & FORECAST 15.9.3 MARKET BY GEOGRAPHY 16 COMMERCIAL 16.1 MARKET OVERVIEW 16.2 EMERGING MARKET SCENARIO AFTER COVID-19 16.3 MARKET SIZE AND FORECAST 16.4 MARKET BY GEOGRAPHY 17 RESIDENTIAL 17.1 MARKET OVERVIEW 17.2 EMERGING MARKET SCENARIO AFTER COVID-19 17.3 MARKET SIZE AND FORECAST 17.4 MARKET BY GEOGRAPHY 18 DISTRIBUTION CHANNEL 18.1 MARKET SNAPSHOP & GROWTH ENGINE 18.2 MARKET OVERVIEW 18.3 OFFLINE 18.3.1 MARKET SIZE & FORECAST 18.3.2 DEALERS AND DISTRIBUTORS 18.3.3 SPECIALTY STORES 18.3.4 MASS MARKET PLAYERS 18.3.5 MARKET BY GEOGRAPHY 18.4 ONLINE 18.4.1 MARKET BY GEOGRAPHY 19 GEOGRAPHY 19.1 MARKET SNAPSHOT & GROWTH ENGINE 19.2 GEOGRAPHIC OVERVIEW 20 APAC 20.1 MARKET OVERVIEW 20.2 EMERGING MARKET SCENARIO AFTER COVID-19 20.3 MARKET SIZE & FORECAST 20.4 ACCESSORY TYPE 20.4.1 MARKET SIZE & FORECAST 20.5 END USER 20.5.1 MARKET SIZE & FORECAST 20.6 DISTRIBUTION CHANNEL 20.6.1 MARKET SIZE & FORECAST 20.7 KEY COUNTRIES 20.7.1 CHINA: MARKET SIZE & FORECAST 20.7.2 INDIA: MARKET SIZE & FORECAST 20.7.3 JAPAN: MARKET SIZE & FORECAST 20.7.4 SOUTH KOREA: MARKET SIZE & FORECAST 20.7.5 AUSTRALIA: MARKET SIZE & FORECAST 20.7.6 REST OF APAC: MARKET SIZE & FORECAST 21 NORTH AMERICA 21.1 MARKET OVERVIEW 21.2 MARKET SIZE & FORECAST 21.3 EMERGING MARKET SCENARIO AFTER COVID-19 21.4 DISTRIBUTION CHANNEL 21.4.1 MARKET SIZE & FORECAST 21.5 ACCESSORY TYPE 21.5.1 MARKET SIZE & FORECAST 21.6 END USER 21.6.1 MARKET SIZE & FORECAST 21.7 KEY COUNTRIES 21.7.1 US: MARKET SIZE & FORECAST 21.7.2 CANADA: MARKET SIZE & FORECAST 22 EUROPE 22.1 MARKET OVERVIEW 22.2 EMERGING MARKET SCENARIO AFTER COVID-19 22.3 MARKET SIZE & FORECAST 22.4 ACCESSORY TYPE 22.4.1 MARKET SIZE & FORECAST 22.5 END USER 22.5.1 MARKET SIZE & FORECAST 22.6 DISTRIBUTION CHANNEL 22.6.1 MARKET SIZE & FORECAST 22.7 KEY COUNTRIES 22.7.1 UK: MARKET SIZE & FORECAST 22.7.2 GERMANY: MARKET SIZE & FORECAST 22.7.3 FRANCE: MARKET SIZE & FORECAST 22.7.4 RUSSIA: MARKET SIZE & FORECAST 22.7.5 SPAIN: MARKET SIZE & FORECAST 22.7.6 ITALY: MARKET SIZE & FORECAST 22.7.7 REST OF EUROPE: MARKET SIZE & FORECAST 23 LATIN AMERICA 23.1 MARKET OVERVIEW 23.2 EMERGING MARKET SCENARIO AFTER COVID-19 23.3 MARKET SIZE & FORECAST 23.4 DISTRIBUTION CHANNEL 23.4.1 MARKET SIZE & FORECAST 23.5 ACCESSORY TYPE 23.5.1 MARKET SIZE & FORECAST 23.6 END USER 23.6.1 MARKET SIZE & FORECAST 23.7 KEY COUNTRIES 23.7.1 BRAZIL: MARKET SIZE & FORECAST 23.7.2 MEXICO: MARKET SIZE & FORECAST 23.7.3 REST OF LATIN AMERICA: MARKET SIZE & FORECAST 24 MIDDLE EAST & AFRICA 24.1 MARKET OVERVIEW 24.2 EMERGING MARKET SCENARIO AFTER COVID-19 24.3 MARKET SIZE & FORECAST 24.4 DISTRIBUTION CHANNEL 24.4.1 MARKET SIZE & FORECAST 24.5 ACCESSORY TYPE 24.5.1 MARKET SIZE & FORECAST 24.6 END USER 24.6.1 MARKET SIZE & FORECAST 24.7 KEY COUNTRIES 24.7.1 SOUTH AFRICA: MARKET SIZE & FORECAST 24.7.2 SAUDI ARABIA: MARKET SIZE & FORECAST 24.7.3 UAE: MARKET SIZE & FORECAST 24.7.4 TURKEY: MARKET SIZE & FORECAST 24.7.5 REST OF MIDDLE EAST & AFRICA: MARKET SIZE & FORECAST 25 COMPETITIVE LANDSCAPE 25.1 COMPETITION OVERVIEW 26 KEY COMPANY PROFILES 26.1 STANLEY BLACK & DECKER 26.1.1 BUSINESS OVERVIEW 26.1.2 PRODUCT OFFERINGS 26.1.3 KEY STRENGTHS 26.1.4 KEY STRATEGIES 26.1.5 KEY OPPORTUNITIES 26.2 BOSCH 26.3 TECHTRONIC INDUSTRIES (TTI) 26.4 MAKITA 26.5 HILTI 27 OTHER PROMINENT VENDORS 27.1 APEX TOOL GROUP 27.2 SNAP ON 27.3 KOKI HOLDINGS 27.4 FORTIVE 27.5 POSITEC 27.6 CHERVON 27.7 FEIN 27.8 FERM 27.9 AIMCO 27.10 FESTOOL 27.11 CS UNITEC 27.12 DYNABRADE 27.13 HUSQVARNA 27.14 STIHL 27.15 BLOUNT 27.16 KYOCERA 27.17 INTERSKOL 27.18 PANASONIC 27.19 URYU SEISAKU 27.20 ATLAS COPCO 27.21 INGERSOLL RAND 27.22 EMERSON 28 REPORT SUMMARY 28.1 KEY TAKEAWAYS 28.2 STRATEGIC RECOMMENDATIONS 29 QUANTITATIVE SUMMARY 29.1 MARKET BY GEOGRAPHY 29.2 DISTRIBUTION CHANNEL 29.2.1 MARKET SIZE & FORECAST 29.2.2 OFFLINE CHANNEL 29.2.3 ONLINE CHANNEL 29.3 ACCESSORY TYPE 29.3.1 MARKET SIZE & FORECAST 29.3.2 DRILL BITS 29.3.3 SCREWDRIVER BITS 29.3.4 ROUTER BITS 29.3.5 CIRCULAR SAW BLADES 29.3.6 JIGSAW BLADES 29.3.7 BAND SAW BLADES 29.3.8 ABRASIVE WHEELS 29.3.9 RECIPROCATING SAW BLADES 29.3.10 BATTERIES 29.3.11 OTHER ACCESSORY TYPES 29.4 END USER 29.4.1 MARKET SIZE & FORECAST 29.4.2 INDUSTRIAL 29.4.3 CONSTRUCTION 29.4.4 AUTOMOTIVE 29.4.5 AEROSPACE 29.4.6 ELECTRONICS 29.4.7 ENERGY 29.4.8 SHIPBUILDING 29.4.9 OTHER END USERS 29.4.10 COMMERCIAL 29.4.11 RESIDENTIAL 29.5 APAC 29.5.1 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST 29.5.2 ACCESSORY TYPE: MARKET SIZE & FORECAST 29.5.3 END USER: MARKET SIZE & FORECAST 29.6 NORTH AMERICA 29.6.1 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST 29.6.2 ACCESSORY TYPE: MARKET SIZE & FORECAST 29.6.3 END USER: MARKET SIZE & FORECAST 29.7 EUROPE 29.7.1 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST 29.7.2 ACCESSORY TYPE: MARKET SIZE & FORECAST 29.7.3 END USER: MARKET SIZE & FORECAST 29.8 LATIN AMERICA 29.8.1 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST 29.8.2 ACCESSORY TYPE: MARKET SIZE & FORECAST 29.8.3 END USER: MARKET SIZE & FORECAST 29.9 MIDDLE EAST & AFRICA 29.9.1 DISTRIBUTION CHANNEL: MARKET SIZE & FORECAST 29.9.2 ACCESSORY TYPE: MARKET SIZE & FORECAST 29.9.3 END USER: MARKET SIZE & FORECAST 30 APPENDIX 30.1 ABBREVIATIONS
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