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[PDF] Africa Power Tools Market Manufacturing Innovation to Lead Development

Many companies in the market are focused on research and development activities of new products, processes, and methodologies, in order to enhance tool strength, durability, and other ergonomic factors. Development of Lithium-ion battery technology is proving to be a major breakthrough. For instance, Hitachi Koki Co. Ltd introduced the series 36V cordless gardening tools along with highly energy-efficient brushless motors. Increasing popularity cordless electric saws, sanders, grinders, and polishers have led to increase in demand for power tools thereby surpassing hand tools. Rising consumer shift towards DIY products is another factor boosting the demand for power tools. For instance, the Bosch Power Tools division witnessed a 25% growth in sales of power tools from 2008 to 2012 and is expected to register 18–20% growth by 2015 end. Major companies in the market can capitalize on the opportunities and gain a competitive edge.

The latest Africa Power Tools market report provides an exhaustive study of the global and regional growth trends which is easily understandable by readers. The statistics business data represents overall growth structure and opportunity analysis. Also, The report identifies and analyzes emerging trends as well as the main drivers & challenges. The report presents a detailed segmentation based on technology, product type, application, and various geographical structure.

The Africa Power Tools Market, By Category (Power Tools, Hand Tools), By Mode of Operation (Electric, Pneumatic and Others), By End-Use Sector (Industrial and Household), By Country (Africa and GCC) – Africa Forecast to 2027, is expected to be valued at US$ 7322.2 million by 2027, exhibiting a CAGR of 6.3% during the forecast period (2020-2027), as highlighted in a report published by Coherent Market Insights.

The Africa Power Tools market report covers the value chain analysis, swot analysis, porter five analysis as well as the data collected on the basis of primary and secondary research of the market. Moreover, the report describes dynamic key strategic, geographical drivers, competitive advantages, and major manufacturers. A holistic study of the market is considering a variety of segmentation, application, share, size, trend, and deep research.

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 A quantitative and qualitative analysis will deliver a detailed landscape enlisting the top companies, product information, production, product details and sales value, volume. The report is based on the synthesis, analysis, and interpretation of information about the focus on studying company reports. Moreover, The intent of the global Africa Power Tools market research report is to depict the information to the user regarding dynamic outlook, industry plans, policy, growth rate, and forecast for the upcoming years.

Key Companies & Market Share Insights:- Stanley Black & Decker, Inc., SKF, Atlas Copco AB, Hitachi Koki Co. Ltd, Robert Bosch GmbH, Snap-on Incorporated, Techtronic Industries Company Limited, Makita Corporation, and Danaher Corporation.

Significant Highlights of the Report:-

  • A brief introduction of Africa Power Tools report

  • Changing the business strategy by new opportunity outlook.

  • Competitive landscape and Key player positioning analysis for the market.

  • The Industry players evaluate the multiple parameters for growth rate.

  • Historical and forecast size of the market in terms of revenue (USD Million)

  • Current trend, future scope, and revenue generation strategy analysis.

Scope of the market report:-

Report Parameters

Details of Parameter

Historic Year

2017 – 2019

Base Year

2020

Forecast Period

2021-2027

Segmentation Covered

Africa Power Tools Market Taxonomy:

By Category

Power Tools

Hand Tools

By Mode of Operation

Electric

Pneumatic

Others

By End-Use Sector

Industrial

Household

Regions Covered

North America, Europe, Asia Pacific, Latin America, and Middle East & Africa

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Why buy this report?

  1. The report provides a futuristic perspective on various factors.
  2. Recent developments in different geographical regions.
  3. The report sheds light on the future trend & opportunities.
  4. The research helps to understand the potential growth and key application.
  5. We offer to readers are detailed information on the leading key business strategies.
  6. Hold the top position in technical key factors and drivers.

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About Coherent Market Insights:-

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunities.

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