India Power Tools Market: Ken Research

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India Power Tools Market: Ken Research

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India Power Tools Industry Report - 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. – PowerPoint PPT presentation

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Title: India Power Tools Market: Ken Research


1
Rise 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.

3
Electric 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.
4
In 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)
  •  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
  •  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
  •  
  • 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
    .html
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10
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Entry   Contact UsKen ResearchAnkur Gupta,
Head Marketing CommunicationsAnkur_at_kenresearch.
com91-9015378249  
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