Title: India Power Tools Market: Ken Research
1Rise in Infrastructural Projects and Expansion of
Manufacturing Industry in the Country to Drive
the Power Tools Market in India Ken Research
2- Growth of power tools market is anticipated to be
led by the expanding manufacturing sector in the
country, rise in construction projects,
augmenting DIY segment, increase in personal
disposable income, growth in manufacturing
industry and commencement of new campaigns,
product launches and launch of new distribution
channels. - The leading players in Power Tools industry are
Bosch India, Makita India, Stanley Black Decker
India, Hitachi Koki, Hilti, FEIN Power Tools - The power tools market in India has witnessed
robust growth over the period FY2011-FY2016.
The market has witnessed a double digit CAGR
during the period FY2011-FY2016 in terms of
revenue. The massive growth in manufacturing,
construction, DIY Segment and e-commerce sector
had majorly driven the market of power tools.
Additionally, Make-In-India initiative by the
government, many companies are attracted to open
their offices and start operations in India.
3Electric breakers contributed the majority in the
revenues of overall electric power tools in
FY2016 due to higher utility and price as
compared to other electric power tools. Portable
electric power tools generated higher revenues as
compared to their stationary counterparts. Most
of the demands for electric power tools were
witnessed from the construction sector as the
industry accounted for generating more than 40
share in the overall revenues in FY2016. The
organized sector had dominated the market in
FY2016. In FY2016, Bosch was the market leader
in electric power tools market. Stanley was the
second largest player in this segment and
registered a robust market share in FY2016. In
FY2016, more than 20 of the total revenues from
power tools were generated from pneumatic segment
of power tools. Presence of large number of power
tools in pneumatic tools and bestselling tools
such as grinders, hammers, stapling guns are the
major revenue drivers in this category. They are
light weight, easier to operate and deliver
higher power and torque as compared to electrical
counterparts. These products found wide scale
applications in the construction industry.
Increased construction activities in the country
necessitated the demand for these tools.
4In FY2016, Hydraulic power tools accounted for
about low share in the total market revenues. The
major reason attributed for a low market share
was the high cost associated with hydraulic power
tools. Hydraulic tools delivered the most power
and torque, operate at very low temperatures, can
be used for underwater work and usually have a
high lifespan requiring low maintenance. However,
it initial cost of investment surfaced as the
biggest hindrance in the adoption of such tools
in the Indian market. According to the research
report, the power tools market is anticipated to
reach over INR 150 billion by FY2021 due to PPP
investment in smart cities in the country,
increase in penetration rate of power tools in
Tier 2 and 3 cities and rising number of entry of
international companies in the country. Focus
on innovative and cordless power tools has
emerged as a necessity across many sectors in the
country. Leading players are opting for online
sales through various portals to increase their
focus on sales generation by revenue and volume.
The rapid increase in the demand of power tools
by organized and unorganized private players and
also by the government sector will widen the
market opportunities for the power tools vendors
in India, according to the Research Analyst, Ken
Research.
5- Ken Research announced the latest publication on
India Power Tools Market Forecast to 2021 - Rise
in Infrastructural Projects and Expansion of
Manufacturing Industry to Drive Market which
provides a comprehensive analysis of power tools
market in India. The report covers market size
and segmentation of overall power tools and each
type of tools, by type of technology, by source
of energy, by regions, by application, by end
user, by distribution channel and by organized
and unorganized market. The report covers the
market share and detailed company profile of
leading players. The potential and future outlook
for Power tools has also been discussed in the
publication. The report provides detailed
analysis of major players, their strategies, SWOT
Analysis, Trends Developments and major
restraints and challenges with the Power Tools
Market in India. The report also serves as a
benchmark for existing players and every new
player who wish to capitalize the market
potential and investors who are looking forward
to venture into the power tools market in India. - Key Topics Covered in the Report
- India Power tools Market Introduction and Size
- India Power tools Market Segmentation
- By Types of technology (Electric, Pneumatic,
Hydraulic and Powder-Actuated Power Tools) - By Regions (Tier 1,2 and 3 cities)
6- India Electric power tools Market Introduction
and Size - India Electric power tools Market Segmentation
- By Products (Drills, Electric Screwdrivers,
Routers and Planers, Sanders, Saws and Angle
Grinders) - By End users (Residential and Non Residential)
- By Application (Construction, Manufacturing,
Engineering, Wood working, Metal working,
Automobile, Marble Working and Household/Gardening
) - By Organized and unorganized Sector Players,
- by Portable and stationary tools
- By Distribution Channel (Dealers, workshops,
direct sales, online sales) - India Pneumatic power tools Market Introduction
and Size - India Pneumatic power tools Market Segmentation
- By Products (buffers, nailing and stapling guns,
grinders, drills, jack hammers, chipping hammers,
riveting guns, sanders and wrenches) - By End users(Residential and Non Residential)
- By Application(Construction, Manufacturing and
Metal working) - By Organized and unorganized Sector
- By Distribution Channel (Dealers and direct sales)
7- India hydraulic power tools Market Introduction
and Size - India hydraulic power tools Market Segmentation
- By Application(Construction, Manufacturing,
automobile and others) - By Organized and unorganized Sector
- by Portable and stationary tools
- By Distribution Channel (Dealers and direct
sales) - India Powder-Actuated power tools Market
Introduction and Size - India Powder-Actuated power tools Market
Segmentation - By Application (Construction, Manufacturing, Wood
working, Metal working and others) - By Organized and unorganized Sector
- By Distribution Channel (Dealers and direct
sales) - By End users (Residential and Non Residential)
- Initiatives by government and industrial and
labor laws for Power Tools In India (for
manufacturing companies) - Â Growth Drivers and Challenges in India Power
Tools Market - Restraints and Challenges in India Power Tools
Market - Decision Making Procedure by end users In India
Power Tools Market - Market Share of Major Players in India Power
Tools Market - Â Company Profile of Leading and Emerging Players
in India Power Tools Market - Import and Export scenario in India Power Tools
Market
8- India Power Tools Market Future Outlook and
Projections - Analyst Recommendation
- Macro Economic Variables Impacting the India
Power Tools Market - Key Product Mentioned in the Report
- Electric power tools Drills, Electric
Screwdrivers, Routers and Planers, Sanders, Saws
and Angle Grinders - Pneumatic Power Tools Buffers, Nailing and
Stapling Guns, Grinders, Drills, Jack Hammers,
Chipping Hammers, Riveting Guns, Sanders and
Wrenches - Hydraulic Power Tools Hammer
- Powder Actuated Power Tools Nailers, Nail Guns
and Fasteners - Â
- Companies Covered in the Report
- Bosch India
- Stanley
- BlackDecker India
9- Hitachi Koki
- Hilti
- Makita
- FEIN Power Tools
- To know more on the Power Tools Market in
India, click on the following link - https//www.kenresearch.com/energy-and-utilities/p
ower/india-power-tools-market-statistics/46154-103
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Entry  Contact UsKen ResearchAnkur Gupta,
Head Marketing CommunicationsAnkur_at_kenresearch.
com91-9015378249 Â
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