DIY Power Tools Market 2017-2021
- Published: Jul 2017
- Pages: 67
- SKU: IRTNTR13231
Enjoy complimentary customisation on priority with our Enterprise License!
Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
This industry research report identifies Makita, Robert Bosch Tools, Stanley Black & Decker, and Techtronic Industries as the key vendors in the global DIY power tools market. This industry research report also presents a competitive analysis of the market by product type (corded and cordless) and by geography (the Americas, APAC, and EMEA).
Overview of the global DIY power tools market
Market research analysts at Technavio predict that the global DIY power tools market will grow steadily at a CAGR of more than 4% by 2021. Lithium-ion (Li-ion) battery powered cordless tools offer various advantages including high energy density and less sensitive to damage. Additionally, these power tools are also lightweight, free from confines of design and shape, and have the longest charge life and are easily rechargeable. As a result, there is an increasing preference towards these tools over nickel-metal hydride (NiMH) and nickel-cadmium (NiCad) battery-powered tools. According to this market research and analysis, this growing demand for cordless power tools with Lithium-ion batteries will be one of the primary growth factors for this market.
Owing to high inflation rates and fluctuations in the economy, organizations across the world have the need to increase productivity with maximum cost savings. Power tools manufactured with high power consumption have high cost as compared to other batteries. Consequently, vendors in this market have started focusing on manufacturing power tools with Li-ion batteries as these have high density, lower self-discharge, and negligible cost of maintenance. As a result, the coming years will witness the emergence of energy-efficient power tools which will be one of the key trends that will gain traction in the DIY power tools market in the coming years.
Competitive landscape and key vendors
The market is competitive and fragmented due to the presence of several global vendors. With the rising demand from various sectors, the vendors are increasingly focusing on APAC where the demand for power tools is estimated to increase at a considerable rate. To consolidate their market shares, the vendors are also engaging in M&A activities.
The leading vendors in the market are -
- Makita
- Robert Bosch Tools
- Stanley Black & Decker
- Techtronic Industries
The other prominent vendors in the market are Atlas Copco, BAIER, Casals, Craftsman, Freudenberg, Hilti, Husqvarna, IRWIN TOOLS, Klein Tools, and Snap-on.
Segmentation by product type and analysis of the DIY power tools market
- Cordless
- Corded
The consumer segment and the residential construction industry will primarily demand for corded power tools due to their versatile applications and the availability of accessories. The kind of technology and the convenience offered to the customers influences the demand for corded power tools.
Geographical segmentation and analysis of the DIY power tools market
- Americas
- APAC
- EMEA
Owing to the factors such as the rise in employment, wage rates, improving business environment, growing economic activities, and rising disposable incomes, the Americas is witnessing significant growth in the residential construction industry. Consequently, Americas will account for the major shares of this global market throughout the forecast period.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global DIY power tools market?
- What are the key market trends impacting the growth of the global DIY power tools market?
- What are the challenges to market growth?
- Who are the key vendors in the global DIY power tools market?
- What are the market opportunities and threats faced by the vendors in the global DIY power tools market?
- Trending factors influencing the market shares of the Americas, APAC, and EMEA.
- What are the key outcomes of the five forces analysis of the global DIY power tools market?
Technavio also offers customization on reports based on specific client requirement.
This upcoming report is an important part of Technavio's heavy industry portfolio and offers comprehensive insights into fast growth sectors like tools and components and engineering tools. Technavio's market research reports also provide extensive knowledge about all the leading suppliers who hold prominent shares in the heavy industry market space.
To envisage the tools and components industry's future growth prospects and to help clients plan new tactics for market expansion, our upcoming industry research report on the global DIY power tools market for the forecast period of 2017 to 2021 presents actionable insights derived from the data gathered from sound sources including manufacturers, channel partners, regulatory bodies, and stakeholders.
This upcoming industry research report on the global DIY power tools market also considers the growth of related markets such as turning tools, which is expected to grow at a CAGR of nearly 8% by the end of 2021.
This upcoming industry research report for the global DIY power tools market also reveals the market drivers, trends, and the challenges presently faced by the heavy industry vendors and offers insights into the markets of construction and unit operations.
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Research Methodology
PART 04: Introduction
- Market outline
PART 05: Market landscape
- Market overview
- Market size and forecast
- Five forces analysis
PART 06: Market segmentation by product type
- Market overview
- Corded power tools
- Cordless power tools
PART 07: Geographical segmentation
- Market overview
- DIY power tools market in APAC
- DIY power tools market in EMEA
- DIY power tools market in Americas
PART 08: Decision framework
PART 09: Drivers and challenges
- Market drivers
- Market challenges
PART 10: Market trends
- Emergence of energy-efficient power tools
- Demand for smaller and more powerful power tools
- Increased competition from Chinese manufacturers
PART 11: Vendor landscape
- Other prominent vendors
PART 12: Key vendor analysis
- Makita
- Robert Bosch Tool
- Stanley Black & Decker
- Techtronic Industries
- Hitachi Koki
PART 13: Appendix
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases

DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts

REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
Why should you prefer Technavio's market insights report?
Certified ISO 9001 : 2015

We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

Single:
One user only.
Quick & easy download optionEnterprise:
Unlimited user access (Within your organization)
Complimentary Customization Included
2500 USD
Get the report (PDF) sent to your email within minutes.
Subscribe & Save
Get lifetime access to our
Technavio Insights
Customized Report as per your Business Needs
- Our analysts will work directly with you and understand your needs
- Get data on specified regions or segments, competitor and Vendors
- Data will be formatted and presented as per your requirements
- We offer $1000 worth of FREE customization at the time of purchase
Let us help you make report more suited to your requirements.
- Get a competitive breakdown as per your niche industry
- Customize the data with various metrics that meet your business prerequisite
- Understand Revenue Sources, Customers and many more
- Details on Market Share
- These customizations are done in a short amount of time by our analysts and industry experts
