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The power tools accessories market in UK has the potential to grow by USD 29.76 million during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 3.82%.
This power tools accessories market research report of UK provides valuable insights on the post-COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentation by end-user (professional and consumer) and type (drill bits, screwdriver bits, router bits, and others). The power tools accessories market report of UK also offers information on several market vendors, including Caterpillar Inc., Festool GmbH, Hilti Corp., Koki Holdings Co. Ltd., KYOCERA Corp., Makita USA Inc., MilwaUKee Electric Tool Corp., Robert Bosch GmbH, Snap-on Inc., and Stanley Black and Decker Inc. among others.
Browse TOC and LoE with selected illustrations and example pages of the Power Tools Accessories Market in UK
The growing demand for power tools for DIY projects is notably driving the power tools accessories market growth in UK, although factors such as the influx of Chinese brands may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the power tools accessories industry in UK. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
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This power tools accessories market analysis report of UK also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
The report analyzes the market's competitive landscape and offers information on several market vendors, including:
This statistical study of the power tools accessories market in UK encompasses successful business strategies deployed by the key vendors. The power tools accessories market in UK is fragmented and the vendors are deploying growth strategies such as forming strategic partnerships to compete in the market.
To make the most of the opportunities and recover from the post-COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The power tools accessories market forecast report of UK offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
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The power tools accessories market share growth in UK by the professional segment will be significant during the forecast period.
This report provides an accurate prediction of the contribution of all the segments to the growth of the power tools accessories market size in UK and actionable market insights on the post-COVID-19 impact on each segment.
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Power Tools Accessories Market Scope in UK |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 3.82% |
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Market growth 2021-2025 |
$ 29.76 million |
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Market structure |
Fragmented |
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YoY growth (%) |
2.27 |
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Regional analysis |
UK |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Companies profiled |
Caterpillar Inc., Festool GmbH, Hilti Corp., Koki Holdings Co. Ltd., KYOCERA Corp., Makita USA Inc., MilwaUKee Electric Tool Corp., Robert Bosch GmbH, Snap-on Inc., and Stanley Black and Decker Inc. |
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Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and Market condition analysis for the forecast period. |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Type
Customer landscape
Vendor Landscape
Vendor Analysis
Appendix
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
Secondary sources
DATA ANALYSIS
Data Synthesis
Data Validation
REPORT WRITING
Qualitative
Quantitative
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