A power tool utilizes a power source and mechanism, other than manual labor that is used for hand tools. Electric motors are the most common types of power tools. Such tools are used for construction, gardening, household tasks, drilling, cutting, shaping, sanding, grinding, routing, polishing, painting, heating and many other purposes. Power tools are categorized on the basis of power source into electric power operated tools (e.g. circular saws, drill machines); pneumatic power tools (e.g. jack hammers, chippers, and compressed air guns); liquid fuel (gas) powered tools (e.g. saws); hydraulic power tools (jacks), and powder-actuated tools (nail guns).
Benelux power tools market is anticipated to register healthy CAGR of 3.9% in terms of value and 2.2% in terms of volume over the forecast period (2016–2026). Growth of market is attributed to various factors, regarding which XploreMR offers detailed insights in this report.
Drivers and Trends
Growth of the power tools sales in Benelux is influenced by several macroeconomic and other factors such as rising investments in housing sector in Benelux, increasing automotive sales, increasing consumer confidence index, emergence of durable and cost-effective multi-functional power tools and growing online retail sales.
Adoption of Power Tools in Benelux: Current Trends and Market Forecast, 2016 - 2026Buy Now
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