(MENAFN- Ameliorate Digital Consultancy) fastening power tools market by the end of 2018, is projected to reach approximately US$ 2,401.9 Mn. Over the forecast period, the fastening power tool market is anticipated to experience a CAGR of 6.9%.
In its report titled“Fastening Power Tools Market: Global Industry Analysis 2013-2017 and Forecast 2018-2026,” Persistence Market Research provides in-depth analysis and detailed insights into the fastening power tools market for the eight-year forecast period of 2018 – 2026. The report covers the significant drivers of the fastening power tools market's expansion, untapped opportunities for manufacturers, trends and developments influencing the market's dynamics, as well as additional insights from a number of key segments.
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The report highlights the market growth factors for fastening power tools as well as its inhibitors. To provide the client with thorough knowledge of the market and aid in improved decision-making, evolving trends are also examined and included in the report. The report also takes into account macroeconomic variables that both directly and indirectly influence the development of the fastening power tool market.
Unless otherwise stated in the report, the market volume and value for all segments have been calculated in thousand units and US$ Mn, respectively.
A section of the report highlights country-wise demand for fastening power tools. It provides a market outlook for 2018-2026 and sets the forecast within the context of the fastening power tools market, including new technological developments as well as product offerings for applications.
In the final section of the report, a competitive landscape has been included to provide report audiences with a dashboard view. The report provides detailed market share analysis of the fastening power tools market on the basis of key manufacturers. Comprehensive profiles of manufacturers are also included within the scope of the report to evaluate strategies, key offerings, and recent developments in the fastening power tools market.
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Our research methodology
Market volume is inferred through in-depth secondary research and validated from industry experts through primary interviews. Each interview is thoroughly analyzed and the average market volume is deduced and reconfirmed prior to incorporating in the report. The price of fastening power tools is deduced on the basis of product type, where the average price of each type is inferred across all the five assessed regions. The market value of the fastening power tools market is thus calculated from the data provided by the average selling price and market volume.
For the 8-year forecast of the fastening power tools market, various macroeconomic factors and changing trends have been observed, which give an idea about the future of the market. Other important factors considered to arrive at the market forecast are the size of the current market, inputs from the demand side and the supply side, and other dynamics shaping the market scenario.
In the compilation of the report, the forecast is conducted in terms of CAGR, while other important criteria such as year-on-year growth and absolute dollar opportunity have also been incorporated, thus presenting the client with crystal clear insights and future opportunities as far as the fastening power tools market is concerned.
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Expert analysis, actionable insights, and strategic recommendations – the industrial automation team at Persistence Market Research helps clients from all over the globe with their unique business intelligence needs. With a repository of over 500 reports on IT & Telecommunications of which 100+ reports specific for IT & Telecommunications. The team provides end-to-end research and analysis on regional trends, drivers for market growth, and research development efforts in the IT & Telecommunications industry.
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