Research & Markets: Power Tools Market in Europe 2015-2019 With Bosch, Makita, Stanley Black & Decker & Techtronic Industries...
30 July 2015 - 8:02PM
Business Wire
Research and Markets
(http://www.researchandmarkets.com/research/xpbk9d/power_tools) has
announced the addition of the "Power Tools Market in Europe
2015-2019" report to their offering.
The analysts forecast the power tools market in Europe to grow
at a CAGR of 3.87% over the period 2014-2019.
The report, the Power Tools Market in Europe 2015-2019, has been
prepared based on an in-depth market analysis with inputs from
industry experts. The report covers the market landscape and its
growth prospects in the coming years. The report includes a
discussion of the key vendors operating in this market.
In the last few years, there has been increased competition
among vendors in the power tools market in Europe. This increase in
competition has led to a decrease in the overall product pricing of
power tools. As a result, there is a rising price war among market
players. The market is also facing higher competition from Chinese
power tool vendors that offer efficient, low-cost products. Many
vendors have varying pricing strategies that are aimed at capturing
significant market share. Though several vendors in the market are
witnessing increased labor costs, they are absorbing these to
provide cost-effective power tools. In addition, vendors focus on
the development of economically priced products in an attempt to
tap the micro, small, and medium-scale enterprise sectors.
There are several types of power tools:
- Engine-driven
- Electric
- Pneumatic
Gasoline is used to operate engine-driven power tools. Pneumatic
power tools, on the other hand, operate on the effective deployment
of compressors.
Power tools find application in the following:
- Drilling
- Screw driving
- Chiselling
- Planning
- Routing
- Sanding
- Buffing
- Polishing
- Levelling
Key Vendors
- Bosch
- Makita
- Stanley Black & Decker
- Techtronic Industries
Other Prominent Vendors
- Atlas Copco Electric Tools
- Baier
- Casals
- Collomix
- C. & E. Fein
- Duss
- Elektrowerkzeuge
- Festool
- Flex
- Hilti
- Hitachi Koki
- Husqvarna
- Interskol
- ITW
- Lamello
- Metabo
- Mirka
- Panasonic
- Peugeot
- Rupes
- Ryobi
- Skil
- Sparky Power Tools
- Stayer
- Stihl
For more information visit
http://www.researchandmarkets.com/research/xpbk9d/power_tools
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version on businesswire.com: http://www.businesswire.com/news/home/20150730005638/en/
Research and MarketsLaura Wood, Senior
Managerpress@researchandmarkets.comFor E.S.T. Office Hours Call
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U.S.): +353-1-481-1716Sector: Machine Tools