India Power Tools Market (2018-2024) | Size, Share, industry, Growth, Revenue, Analysis, Forecast, Trends, Outlook & COVID-19 IMPACT

Market Forecast By Technology (Electric Power Tools (Corded Power Tools Cordless Power Tools) and Pneumatic Power Tools)), By Tool Types (Metal Segment, Concrete Segment, Wood-working Segment, and Others), By Verticals (Construction, Industrial, Automotive and Others), By Regions (Northern, Western, Eastern and Southern) and Competitive Landscape

Product Code: ETC000501 Publication Date: Feb 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 118 No. of Figures: 48 No. of Tables: 11

India Power Tools Market is projected to grow over the coming years. The India Power Tools Market report is a part of our periodical regional publication Asia Pacific Power Tools Market outlook report. 6W tracks the diesel Genset market for over 60 countries with individual country-wise market opportunity assessment and publishes the report titled Global Power Tools Market outlook report annually.

The India power tools market report thoroughly covers the India power tools market by technology, tool types, verticals, and regions. The India power tools market outlook report provides an unbiased and detailed analysis of the India power tools market trends, opportunities/ high growth areas, and market drivers which would help the stakeholders to decide and align their market strategies according to the current and future market dynamics.

Latest 2023 Development of the India Power Tools Market

India Power Tools Market is a crucial market in the country and this sector will attain more growth in the future as there are a number of developments that are taking place in the market and are projected to shape the Power Tools Market Size in India. The market players are using innovative technologies and with the help of innovative technologies, they are producing energy-efficient power tool products. Market leaders also focus on introducing multi-purpose machines which can be used precisely.

Industry leaders are manufacturing cord as well as cordless tools which enable construction workers to use them across many applications. Market players also collaborate with each other to provide the best ad high-quality products to end-users. This sector is one of the key parts of the Asia Pacific Power Tool Market. The government of the country has been promoting the market, which also stimulates sector growth. Consumers in the market want better durability, precision, performance, and convenience, owing to which players focus on providing the power tool products with all these features which are further stimulating the India Power Tools Market Growth. 

India Power Tools Market Synopsis

India Power Tools Market is expected to gain momentum during the upcoming year on account of growing automation requirements across different verticals. Power tools offer certain key features such as durability, precision, better performance, and time efficiency. India power tools market revenues are further driven by surging demand for these tools majorly across construction, industrial, and automotive segments. Although, international brands including Bosch, Stanley, and Makita are the key players in the Power Tools market in India, however, locally manufactured products are preferred by price-sensitive consumer segments such as DIY (do-it-yourself) and residential users. The India Power Tools Market Growth is also driven by the factors such as the unavailability of skilled labor and the high cost associated with it.

India Power Tools Market Overview

According to 6Wresearch, India power tools market size is projected to grow at a CAGR of over 8.4% during 2018-2024. Surging demand for hand tools owing to the ease of usage and growing automation is also proliferating the Power Tools Market in India. Additionally, the introduction of innovative power tools by manufacturers that offer specific applications is also developing the growth of the market. Growing initiatives taken by the government such as Make in India and rising automotive sales are expected to add to Power Tools Market Share In India.

Market Analysis by Technology

The electric power tools segment bagged the highest revenue share in 2017 in the overall Power Tool Market Size In India. The segment is anticipated to continue its dominance over the coming years on the back of higher performance, cost efficiency, and ease of use. Further, in terms of tool types, the concrete segment contributed the majority of the revenue share in 2017, followed by the metal and woodworking segments.

Market Analysis by Regions

The Southern region contributed the largest Indian power tools market share in 2017, attributed to the presence of a robust industrial sector in the region. In addition, the Western region is projected to exhibit the highest India power tools market forecast revenues on account of flourishing construction and industrial segments over the coming years.

Key Highlights of the Report:

• India Power Tools Market Overview 
• India Power Tools Market Outlook
• Historical data of the Global Power Tools Market for the Period 2014-2017
• Market Size & Forecast data of the Global Power Tools Market until 2024
• Historical and Forecast data of India Power Tools Market Revenues for the Period 2014-2024
• Historical data of India Power Tools Market, By Technology for the Period 2014-2017
• India Power Tools Market Size & India Power Tools Market Forecast, By Technology until 2024
• Historical data of India Power Tools Market, By Tool Types for the Period 2014-2017
• Market Size & Forecast data of India Power Tools Market, By Tool Types until 2024
• Historical data of India Power Tools Market, By Verticals for the Period 2014-2017
• Market Size & Forecast data of India Power Tools Market, By Verticals until 2024
• Historical and Forecast data of India Power Tools Market, By Regions for the Period 2014-2024
• Market Drivers and Restraints
• India Power Tools Market Trends and Opportunities
• Industry Life Cycle and Value Chain Analysis
• Porter's Five Forces Analysis
• India Power Tools Market Share, by Players
• India Power Tools Market Overview on Competitive Benchmarking
• Company Profiles
• Recommendations

Markets Covered:

The India power tools market report provides a detailed analysis of the following market segments:

• By Technology

    o Electric Power Tools
              ■ Corded Power Tools
              ■ Cordless Power Tools
    o Pneumatic Power Tools

By Tool Types

  • Metal Segment 
  • Concrete Segment 
  • Wood-working Segment
  • Others

By Verticals

  • Construction
  • Industrial
  • Automotive
  • Others

By Regions

  • Northern
  • Western
  • Eastern
  • Southern
India Power Tools Market: FAQs
India Power Tools Market is anticipated to witness notable growth during the forecast period. A rapid shift in consumer preference from hand tools to power tools on account of several factors such as better durability is stimulating the sector growth.
The competition in the market is higher and it can become more intense in the coming years as the opportunities are growing in the market.
The majority of the demand for power tools in the Indian market could be witnessed in verticals such as construction, industrial, and transportation.
A faster shift in consumer preference from hand tools to power tools owing to several factors such as better durability, precision, performance, and convenience is driving the sector's growth.
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1 Executive Summary
2 Introduction
2.1 Key Highlights of the Report
2.2 Report Description
2.3 Market Scope & Segmentation
2.4 Research Methodology
2.5 Assumptions
3 Global Power Tools Market Overview
3.1 Global Power Tools Market Revenues (2014-2024F)
3.2 Global Power Tools Market Revenue Share, By Regions (2017)
4 India Power Tools Market Overview
4.1 India Power Tools Market Revenues (2014-2024F)
4.2 India Power Tools Industry Life Cycle
4.3 India Power Tools Market Opportunistic Matrix
4.4 India Power Tools Market Value Chain Analysis
4.5 India Power Tools Market Porter's Five Forces Model
4.6 India Power Tools Market Revenue Share, By Technology (2017 & 2024F)
4.7 India Power Tools Market Revenue Share, By Tool Types (2017 & 2024F)
4.8 India Power Tools Market Revenue Share, By Verticals (2017 & 2024F)
4.9 India Power Tools Market Revenue Share, By Regions (2017 & 2024F)
5 India Power Tools Market Dynamics
5.1 Impact Analysis
5.2 Market Drivers
5.3 Market Restraints
5.4 Market Opportunity
6 India Power Tools Market Trends
6.1 Dustless Power Tools
6.2 Acceptance of Lithium-Ion Batteries
6.3 Shift from Corded to Cordless Power Tools
7 India Power Tools Market Overview, By Technology
7.1 India Power Tools Market Revenues, By Electric Power Tools (2014-2024F)
7.1.1 India Power Tools Market Revenues, By Corded Power Tools (2014-2024F)
7.1.2 India Power Tools Market Revenues, By Cordless Power Tools (2014-2024F)
7.2 India Power Tools Market Revenues, By Pneumatic Power Tools (2014-2024F)
8 India Power Tools Market Overview, By Tool Types
8.1 India Power Tools Market Revenues, By Metal Segment (2014-2024F)
8.2 India Power Tools Market Revenues, By Concrete Segment (2014-2024F)
8.3 India Power Tools Market Revenues, By Woodworking Segment (2014-2024F)
8.4 India Power Tools Market Revenues, By Others (2014-2024F)
9 India Power Tools Market Overview, By Verticals
9.1 India Power Tools Market Revenues, By Construction (2014-2024F)
9.2 India Power Tools Market Revenues, By Industrial (2014-2024F)
9.3 India Power Tools Market Revenues, By Automotive (2014-2024F)
9.4 India Power Tools Market Revenues, By Others (2014-2024F)
10 India Power Tools Market Overview, By Regions
10.1 India Power Tools Market Revenues, By Northern Region (2014-2024F)
10.2 India Power Tools Market Revenues, By Eastern Region (2014-2024F)
10.3 India Power Tools Market Revenues, By Western Region (2014-2024F)
10.4 India Power Tools Market Revenues, By Southern Region (2014-2024F)
11 India Power Tools Market, Key Performance Indicators
11.1 Government Spending Outlook in India
11.2 Automobile Manufacturing in India
11.3 Aerospace and Defense Manufacturing Outlook in India
12 India Power Tools Market Opportunity Assessment, By Technology and Verticals
13 India Power Tools Market Competitive Landscape
13.1 India Power Tools Market, By Players' Revenue Share (2017)
13.2 India Power Tools Market Competitive Benchmarking, By Operating Parameters
13.3 India Power Tools Market Competitive Benchmarking, By Power Tools Technology
14 Company Profiles
14.1 Bosch Limited
14.2 Stanley Black & Decker India Pvt. Ltd.
14.3 Makita Power Tools India Pvt. Ltd.
14.4 Hitachi Koki India Pvt. Ltd.
14.5 Hilti India Pvt. Ltd.
14.6 Kulkarni Power Tools Ltd. (KPT)
14.7 FEIN Power Tools India Pvt. Ltd.
14.8 Atlas Copco (India) Ltd.
14.9 Techtronic Industries Co. Ltd
14.10 Snap-on Inc.
15 Key Strategic Notes
16 Disclaimer
List of Figures
1 Global Power Tools Market Revenues, 2014-2024F ($ Billion)
2 Global Sale Of New Vehicles (All Types), 2014-2017 (Thousand Units)
3 Global Power Tools Market Revenue Share, By Regions (2017)
4 India Power Tools Market Revenues, 2014-2024F ($ Billion)
5 India Industrial Production (Y-o-Y %)
6 India Power Tools Market Revenue Share, By Technology (2017)
7 India Power Tools Market Revenue Share, By Technology (2024F)
8 India Power Tools Market Revenue Share, By Tool Types (2017)
9 India Power Tools Market Revenue Share, By Tool Types (2024F)
10 India Power Tools Market Revenue Share, By Verticals (2017)
11 India Power Tools Market Revenue Share, By Verticals (2024F)
12 India Power Tools Market Revenue Share, By Regions (2017 & 2024F)
13 India Urban-rural Housing Shortage, 2001-2015 (In Million)
14 India Electric Power Tools Market Revenues, 2014-2024F ($ Million)
15 India Corded Power Tools Market Revenues, 2014-2024F ($ Million)
16 India Corded Power Tools Market Revenue Share (2017 & 2024F)
17 India Cordless Power Tools Market Revenues, 2014-2024F ($ Million)
18 India Cordless Power Tools Market Revenue Share (2017 & 2024F)
19 India Pneumatic Power Tools Market Revenues, 2014-2024F ($ Million)
20 India Metal Segment Power Tools Market Revenues, 2014-2024F ($ Million)
21 India Concrete Segment Power Tools Market Revenues, 2014-2024F ($ Million)
22 India Wood-working Segment Power Tools Market Revenues, 2014-2024F ($ Million)
23 India Others Power Tools Market Revenues, 2014-2024F ($ Million)
24 India Construction Power Tools Market Revenues, 2014-2024F ($ Million)
25 Roads And Bridges Infrastructure Value, India ($ Billion)
26 Roads In India (FY 2017)
27 India Real Estate Market Size, 2008-2020F ($ Billion)
28 India Industrial Power Tools Market Revenues, 2014-2024F ($ Million)
29 Cumulative FDI Inflows In Metal & Mining, 2000 - 17 (In Million)
30 Total Finished Steel Production (Million Tonnes)
31 Production Value Share In India's Mining Sector (FY 2017)
32 India Automotive Power Tools Market Revenues, 2014-2024F ($ Million)
33 Number Of Automobiles Produced In India, 2011-17 (In Million)
34 India Power Tools Market Revenues, By Others, 2014-2024F ($ Million)
35 Northern India Power Tools Market Revenues, 2014-2024F ($ Million)
36 Eastern India Power Tools Market Revenues, 2014-2024F ($ Million)
37 Western India Power Tools Market Revenues, 2014-2024F ($ Million)
38 Southern India Power Tools Market Revenues, 2014-2024F ($ Million)
39 Government Spending in India ($ Billion)
40 Inflation rate in India (2012-2022)
41 Principal Commodity Import, India (2016-17)
42 Principal Commodity Export, India (2016-17)
43 Gross Turnover of Automobile Manufacturers in India ($ Million)
44 India Power Tools Market Opportunity Matrix, By Technology (2024F)
45 India Power Tools Market Opportunity Matrix, By Verticals (2024F)
46 India Power Tools Market Revenue Share, By Players (2017)
47 India Residential Space Demand-Supply Overview (2015)
48 India Industrial Production Segment-wise Share
List of Tables
1 Tallest Under Construction Building Projects In The World
2 Automobile Domestic Sales Trend, India,2012-17 (In Million)
3 Key Infrastructure Projects In India (Ongoing)
4 Key Ongoing Oil & Gas Projects In India ($ Billion)
5 India Under Construction Metro Rail Projects
6 Automobile Production Trend, India,2012-17 (In Million)
7 Key Ongoing & Upcoming Projects By Uttar Pradesh State Industrial Development Corporation (UPSIDC)
8 Key Under Construction Building Projects in Mumbai (Maharashtra)
9 Estimates Of Gross Value Added At Basic Price During April-December 2017-18 ($ Billion)
10 Automobile Export Trend In India (Thousand Units)
11 India Power Tools Market Revenues, By Players (2017)
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