Business Opportunities And Investment Strategies For Global Power Tool Batteries Market 2023-2033

Business Opportunities and Investment Strategies for Global Power Tool Batteries Market

Report ID 1043

Pages 184

Published Date 05/31/2024

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Opportunity and Strategy Analysis
This report focuses on identifying opportunities and strategies for investing in the global power tool batteries market within the forecast period. It provides a complete analysis of the global market both quantitatively and qualitatively. The quantitative analysis includes market size and revenue data of the total demand, sub-markets, and regional/national levels throughout 2023-2033. Qualitative analysis depicts a full picture of market dynamics and trends including drivers, restraints and challenges, emerging products/market trends, and Porter’s Fiver Forces analysis.

Based on the market data and analysis, the report highlights Increasingly Attractive Segments (IAS) and business opportunities in each segmentation. Moreover, a systematic evaluation of Internal Risks (factors arising within the industry development) and External Risks (factors arising from the surrounding environments) is provided for the power tool batteries industry and market. All the identified risk factors are measured quantitatively according to GMD’s novel numeric system, i.e. each risk is evaluated with GMD Risk Index Number (GMD RIN) and GMD Risk Intensity Level (GMD RIL). This in-depth risk assessment offers a comprehensive understanding of the current risk factors and their developing trends. Furthermore, this report concludes risk management strategies and Critical Success Factors (CSFs) to help companies make intelligence-based business decisions in the global power tool batteries industry.

Market Coverage & Overview
The report is based on studies for 2021-2023 and provides a forecast from 2024 till 2033 with 2023 as the base year. Considering impact of COVID-19 and regional conflicts such as Russia-Ukraine war, the trend and outlook of global market is forecast in optimistic, balanced, and conservative scenarios. In the balanced view, the global power tool batteries market is expected to reach $23.08 billion by 2033, growing by 7.7% annually over the coming years.

Segmentation Analysis
Highlighted with 86 tables and 88 figures, this 184-page report represents a 360-degree view on the global market with extensively detailed segmentations Tool Type, Motor Type, Battery Type, End Use, and Region/Country as shown below. Annual revenue 2023-2033 for each segment is included in the report.

By Tool Type
• Driller
• Chainsaw
• Lawn Mower
• Impact Wrench
• Other Tools

By Motor Type
• Brushed Motor
• Brushless Motor

By Battery Type
• Lithium-ion
• Nickelcadmium
• Other Battery Types

By End Use
• Industrial
• Commercial
• Residential

By Region
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa, and Rest of MEA)
The breakdown of all regional markets by country and the breakdown of each national market by Tool Type, Battery Type, and End Use over the forecast years are also included.

Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• Apex Tool Group
• Ariens Company (Ariensco)
• Atlas Copco AB
• Bosch
• BYD Company
• CHERVON
• Deere & Company
• Dynabrade
• Echo
• Emerson
• Fein
• Festool
• GS Yuasa Corp.
• Hilti AG
• Husqvarna AB
• Ingersoll Rand Inc.
• INTERSKOL
• Koki Holdings
• LG Chem Ltd.
• Makita Corp.
• Panasonic Holdings Corp.
• Positec
• SAMSUNG SDI
• Snap On Inc.
• Sony
• Stanley Black and Decker Inc.
• Techtronic Industries Co., Ltd.

1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 21
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict 27
2.1.4 Impact of Israel-Palestine War 29
2.2 Major Growth Drivers 30
2.3 Market Restraints and Challenges 35
2.4 Emerging Opportunities and Market Trends 38
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of Global Market by Tool Type 45
3.1 Market Overview by Tool Type 45
3.2 Driller 48
3.3 Chainsaw 49
3.4 Lawn Mower 50
3.5 Impact Wrench 51
3.6 Other Tools 52
4 Segmentation of Global Market by Motor Type 53
4.1 Market Overview by Motor Type 53
4.2 Brushed Motor 56
4.3 Brushless Motor 57
5 Segmentation of Global Market by Battery Type 58
5.1 Market Overview by Battery Type 58
5.2 Lithium-ion 61
5.3 Nickel-cadmium 62
5.4 Other Battery Types 63
6 Segmentation of Global Market by End Use 64
6.1 Market Overview by End Use 64
6.2 Industrial 67
6.3 Commercial 68
6.4 Residential 69
7 Segmentation of Global Market by Region 70
7.1 Geographic Market Overview 2023-2033 70
7.2 North America Market 2023-2033 by Country 75
7.2.1 Overview of North America Market 75
7.2.2 U.S. 79
7.2.3 Canada 82
7.2.4 Mexico 84
7.3 European Market 2023-2033 by Country 86
7.3.1 Overview of European Market 86
7.3.2 Germany 90
7.3.3 U.K. 92
7.3.4 France 94
7.3.5 Spain 96
7.3.6 Italy 98
7.3.7 Russia 100
7.3.8 Rest of European Market 102
7.4 Asia-Pacific Market 2023-2033 by Country 104
7.4.1 Overview of Asia-Pacific Market 104
7.4.2 Japan 108
7.4.3 China 111
7.4.4 Australia 113
7.4.5 India 115
7.4.6 South Korea 117
7.4.7 Rest of APAC Region 119
7.5 South America Market 2023-2033 by Country 121
7.5.1 Argentina 125
7.5.2 Brazil 127
7.5.3 Chile 129
7.5.4 Rest of South America Market 131
7.6 MEA Market 2023-2033 by Country 132
7.6.1 UAE 136
7.6.2 Saudi Arabia 138
7.6.3 South Africa 140
7.6.4 Other National Markets 142
8 Competitive Landscape 143
8.1 Overview of Key Vendors 143
8.2 New Product Launch, Partnership, Investment, and M&A 146
8.3 Company Profiles 147
Apex Tool Group 147
Ariens Company (Ariensco) 149
Atlas Copco AB 150
Bosch 151
BYD Company 152
CHERVON 153
Deere & Company 154
Dynabrade 155
Echo 156
Emerson 157
Fein 158
Festool 159
GS Yuasa Corp. 160
Hilti AG 161
Husqvarna AB 162
Ingersoll Rand Inc. 163
INTERSKOL 164
Koki Holdings 165
LG Chem Ltd. 166
Makita Corp. 167
Panasonic Holdings Corp. 168
Positec 169
SAMSUNG SDI 170
Snap On Inc. 171
Sony 172
Stanley Black and Decker Inc. 173
Techtronic Industries Co., Ltd. 174
9 Investing in Power Tool Batteries Industry: Risk Assessment and Management 175
9.1 Risk Evaluation of Global Market 175
9.2 Critical Success Factors (CSFs) 181
RELATED REPORTS 184

List of Tables

List of Tables:

Table 1. Snapshot of Global Power Tool Batteries Market in Balanced Perspective, 2023-2033 19
Table 2. World Economic Outlook, 2024-2036 22
Table 3. World Economic Outlook, 2022-2024 24
Table 4. Scenarios for Economic Impact of Ukraine Crisis 28
Table 5. Scenarios for Economic Impact of Israel-Palestine War 29
Table 6. Main Product Trends and Market Opportunities in Global Power Tool Batteries Market 38
Table 7. Global Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 46
Table 8. Global Power Tool Batteries Market by Motor Type, 2023-2033, $ mn 54
Table 9. Global Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 59
Table 10. Global Power Tool Batteries Market by End Use, 2023-2033, $ mn 65
Table 11. Global Power Tool Batteries Market by Region, 2023-2033, $ mn 72
Table 12. Leading National Power Tool Batteries Market, 2023 and 2033, $ mn 74
Table 13. North America Power Tool Batteries Market by Country, 2023-2033, $ mn 77
Table 14. U.S. Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 81
Table 15. U.S. Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 81
Table 16. U.S. Power Tool Batteries Market by End Use, 2023-2033, $ mn 81
Table 17. Canada Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 83
Table 18. Canada Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 83
Table 19. Canada Power Tool Batteries Market by End Use, 2023-2033, $ mn 83
Table 20. Mexico Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 85
Table 21. Mexico Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 85
Table 22. Mexico Power Tool Batteries Market by End Use, 2023-2033, $ mn 85
Table 23. Europe Power Tool Batteries Market by Country, 2023-2033, $ mn 88
Table 24. Germany Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 91
Table 25. Germany Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 91
Table 26. Germany Power Tool Batteries Market by End Use, 2023-2033, $ mn 91
Table 27. U.K. Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 93
Table 28. U.K. Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 93
Table 29. U.K. Power Tool Batteries Market by End Use, 2023-2033, $ mn 93
Table 30. France Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 95
Table 31. France Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 95
Table 32. France Power Tool Batteries Market by End Use, 2023-2033, $ mn 95
Table 33. Spain Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 97
Table 34. Spain Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 97
Table 35. Spain Power Tool Batteries Market by End Use, 2023-2033, $ mn 97
Table 36. Italy Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 99
Table 37. Italy Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 99
Table 38. Italy Power Tool Batteries Market by End Use, 2023-2033, $ mn 99
Table 39. Russia Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 101
Table 40. Russia Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 101
Table 41. Russia Power Tool Batteries Market by End Use, 2023-2033, $ mn 101
Table 42. Power Tool Batteries Market in Rest of Europe by Country, 2023-2033, $ mn 103
Table 43. APAC Power Tool Batteries Market by Country, 2023-2033, $ mn 106
Table 44. Japan Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 110
Table 45. Japan Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 110
Table 46. Japan Power Tool Batteries Market by End Use, 2023-2033, $ mn 110
Table 47. China Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 112
Table 48. China Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 112
Table 49. China Power Tool Batteries Market by End Use, 2023-2033, $ mn 112
Table 50. Australia Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 114
Table 51. Australia Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 114
Table 52. Australia Power Tool Batteries Market by End Use, 2023-2033, $ mn 114
Table 53. India Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 116
Table 54. India Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 116
Table 55. India Power Tool Batteries Market by End Use, 2023-2033, $ mn 116
Table 56. South Korea Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 118
Table 57. South Korea Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 118
Table 58. South Korea Power Tool Batteries Market by End Use, 2023-2033, $ mn 118
Table 59. Power Tool Batteries Market in Rest of APAC by Country/Region, 2023-2033, $ mn 120
Table 60. South America Power Tool Batteries Market by Country, 2023-2033, $ mn 123
Table 61. Argentina Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 126
Table 62. Argentina Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 126
Table 63. Argentina Power Tool Batteries Market by End Use, 2023-2033, $ mn 126
Table 64. Brazil Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 128
Table 65. Brazil Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 128
Table 66. Brazil Power Tool Batteries Market by End Use, 2023-2033, $ mn 128
Table 67. Chile Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 130
Table 68. Chile Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 130
Table 69. Chile Power Tool Batteries Market by End Use, 2023-2033, $ mn 130
Table 70. MEA Power Tool Batteries Market by Country, 2023-2033, $ mn 134
Table 71. UAE Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 137
Table 72. UAE Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 137
Table 73. UAE Power Tool Batteries Market by End Use, 2023-2033, $ mn 137
Table 74. Saudi Arabia Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 139
Table 75. Saudi Arabia Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 139
Table 76. Saudi Arabia Power Tool Batteries Market by End Use, 2023-2033, $ mn 139
Table 77. South Africa Power Tool Batteries Market by Tool Type, 2023-2033, $ mn 141
Table 78. South Africa Power Tool Batteries Market by Battery Type, 2023-2033, $ mn 141
Table 79. South Africa Power Tool Batteries Market by End Use, 2023-2033, $ mn 141
Table 80. Apex Tool Group: Company Snapshot 147
Table 81. Apex Tool Group: Business Segmentation 148
Table 82. Apex Tool Group: Product Portfolio 148
Table 83. List of Risk Factors and Weight Percentages/Theoretical Maximum 176
Table 84. Definition of GMD Relative Risk Index Number (Relative RIN) and GMD Risk Intensity Level (RIL) 177
Table 85. Risk Evaluation for Investing in Global Market, 2023-2033 178
Table 86. Critical Success Factors and Key Takeaways 182

List of Figures

List of Figures:List of Figures:

Figure 1. Research Method Flow Chart 13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16
Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2023-2033 18
Figure 4. Global Power Tool Batteries Market, 2023-2033, $ mn 20
Figure 5. Impact of COVID-19 on Business 25
Figure 6. Primary Drivers and Impact Factors of Global Power Tool Batteries Market 30
Figure 7. World Battery Market, 2022-2032, $ mn 33
Figure 8. World Construction Industry, 2019-2030, $ trillion 33
Figure 9. World Industry 4.0 Market, 2019-2030, $ bn 34
Figure 10. Primary Restraints and Impact Factors of Global Power Tool Batteries Market 35
Figure 11. Porter’s Fiver Forces Analysis of Global Power Tool Batteries Market 41
Figure 12. Growth Opportunity Analysis by Tool Type 45
Figure 13. Breakdown of Global Power Tool Batteries Market by Tool Type, 2023-2033, % of Revenue 46
Figure 14. Global Addressable Market Cap in 2024-2033 by Tool Type, Value ($ mn) and Share (%) 47
Figure 15. Global Power Tool Batteries Market by Tool Type: Driller, 2023-2033, $ mn 48
Figure 16. Global Power Tool Batteries Market by Tool Type: Chainsaw, 2023-2033, $ mn 49
Figure 17. Global Power Tool Batteries Market by Tool Type: Lawn Mower, 2023-2033, $ mn 50
Figure 18. Global Power Tool Batteries Market by Tool Type: Impact Wrench, 2023-2033, $ mn 51
Figure 19. Global Power Tool Batteries Market by Tool Type: Other Tools, 2023-2033, $ mn 52
Figure 20. Growth Opportunity Analysis by Motor Type 53
Figure 21. Breakdown of Global Power Tool Batteries Market by Motor Type, 2023-2033, % of Sales Revenue 54
Figure 22. Global Addressable Market Cap in 2024-2033 by Motor Type, Value ($ mn) and Share (%) 55
Figure 23. Global Power Tool Batteries Market by Motor Type: Brushed Motor, 2023-2033, $ mn 56
Figure 24. Global Power Tool Batteries Market by Motor Type: Brushless Motor, 2023-2033, $ mn 57
Figure 25. Growth Opportunity Analysis by Battery Type 58
Figure 26. Breakdown of Global Power Tool Batteries Market by Battery Type, 2023-2033, % of Sales Revenue 59
Figure 27. Global Addressable Market Cap in 2024-2033 by Battery Type, Value ($ mn) and Share (%) 60
Figure 28. Global Power Tool Batteries Market by Battery Type: Lithium-ion, 2023-2033, $ mn 61
Figure 29. Global Power Tool Batteries Market by Battery Type: Nickel-cadmium, 2023-2033, $ mn 62
Figure 30. Global Power Tool Batteries Market by Battery Type: Other Battery Types, 2023-2033, $ mn 63
Figure 31. Growth Opportunity Analysis by End Use 64
Figure 32. Breakdown of Global Power Tool Batteries Market by End Use, 2023-2033, % of Revenue 65
Figure 33. Global Addressable Market Cap in 2024-2033 by End Use, Value ($ mn) and Share (%) 66
Figure 34. Global Power Tool Batteries Market by End Use: Industrial, 2023-2033, $ mn 67
Figure 35. Global Power Tool Batteries Market by End Use: Commercial, 2023-2033, $ mn 68
Figure 36. Global Power Tool Batteries Market by End Use: Residential, 2023-2033, $ mn 69
Figure 37. Global Market Snapshot by Region 70
Figure 38. Growth Opportunity Analysis of Global Market by Region 71
Figure 39. Geographic Spread of Worldwide Power Tool Batteries Market, 2023-2033, % of Sales Revenue 72
Figure 40. Global Addressable Market Cap in 2024-2033 by Region, Value ($ mn) and Share (%) 73
Figure 41. North American Power Tool Batteries Market, 2023-2033, $ mn 76
Figure 42. Growth Opportunity Analysis of North America Market by Country 76
Figure 43. Breakdown of North America Power Tool Batteries Market by Country, 2023 and 2033, % of Revenue 77
Figure 44. Contribution to North America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 78
Figure 45. U.S. Power Tool Batteries Market, 2023-2033, $ mn 80
Figure 46. Canada Power Tool Batteries Market, 2023-2033, $ mn 82
Figure 47. Power Tool Batteries Market in Mexico, 2023-2033, $ mn 84
Figure 48. European Power Tool Batteries Market, 2023-2033, $ mn 87
Figure 49. Growth Opportunity Analysis of Europe Market by Country 87
Figure 50. Breakdown of European Power Tool Batteries Market by Country, 2023 and 2033, % of Revenue 88
Figure 51. Contribution to Europe 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 89
Figure 52. Power Tool Batteries Market in Germany, 2023-2033, $ mn 90
Figure 53. Power Tool Batteries Market in U.K., 2023-2033, $ mn 92
Figure 54. Power Tool Batteries Market in France, 2023-2033, $ mn 94
Figure 55. Power Tool Batteries Market in Spain, 2023-2033, $ mn 96
Figure 56. Power Tool Batteries Market in Italy, 2023-2033, $ mn 98
Figure 57. Power Tool Batteries Market in Russia, 2023-2033, $ mn 100
Figure 58. Power Tool Batteries Market in Rest of Europe, 2023-2033, $ mn 102
Figure 59. Asia-Pacific Power Tool Batteries Market, 2023-2033, $ mn 105
Figure 60. Growth Opportunity Analysis of Asia-Pacific Market by Country 105
Figure 61. Breakdown of APAC Power Tool Batteries Market by Country, 2023 and 2033, % of Revenue 106
Figure 62. Contribution to APAC 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 107
Figure 63. Power Tool Batteries Market in Japan, 2023-2033, $ mn 109
Figure 64. Power Tool Batteries Market in China, 2023-2033, $ mn 111
Figure 65. Power Tool Batteries Market in Australia, 2023-2033, $ mn 113
Figure 66. Power Tool Batteries Market in India, 2023-2033, $ mn 115
Figure 67. Power Tool Batteries Market in South Korea, 2023-2033, $ mn 117
Figure 68. Power Tool Batteries Market in Rest of APAC, 2023-2033, $ mn 119
Figure 69. South America Power Tool Batteries Market, 2023-2033, $ mn 122
Figure 70. Growth Opportunity Analysis of South America Market by Country 122
Figure 71. Breakdown of South America Power Tool Batteries Market by Country, 2023 and 2033, % of Revenue 123
Figure 72. Contribution to South America 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 124
Figure 73. Power Tool Batteries Market in Argentina, 2023-2033, $ mn 125
Figure 74. Power Tool Batteries Market in Brazil, 2023-2033, $ mn 127
Figure 75. Power Tool Batteries Market in Chile, 2023-2033, $ mn 129
Figure 76. Power Tool Batteries Market in Rest of South America, 2023-2033, $ mn 131
Figure 77. Power Tool Batteries Market in Middle East and Africa (MEA), 2023-2033, $ mn 133
Figure 78. Growth Opportunity Analysis of MEA Market by Country 133
Figure 79. Breakdown of MEA Power Tool Batteries Market by Country, 2023 and 2033, % of Revenue 134
Figure 80. Contribution to MEA 2024-2033 Cumulative Market by Country, Value ($ mn) and Share (%) 135
Figure 81. Power Tool Batteries Market in UAE, 2023-2033, $ mn 136
Figure 82. Power Tool Batteries Market in Saudi Arabia, 2023-2033, $ mn 138
Figure 83. Power Tool Batteries Market in South Africa, 2023-2033, $ mn 140
Figure 84. Power Tool Batteries Market in the Rest of MEA, 2023-2033, $ mn 142
Figure 85. Growth Stage of Global Power Tool Batteries Industry over the Forecast Period 143
Figure 86. Comparison of Risk Factors by GMD RIN in 2023 178
Figure 87. GMD Relative RIN of Internal Risk Factors in 2023 on Radar Chart 179
Figure 88. GMD Relative RIN of External Risk Factors in 2023 on Radar Chart 179

Research methodology is mainly referring to the practical how of any offered piece of research. More specifically, it’s all about how a researcher systematically designs a study in order to assure extremely valid as well as reliable results that ultimately address the targets and objectives of the research.

In any formal research including academic journal, article, dissertation and so on, there will be a special section on a research methodology that mainly describes what, by whom, how to gather as well as how to evaluate the data are provided.

This research methodology has been segmented into following types:

Primary Research:

It is said to be original information that the researchers collect for the crucial purposes of answering the research questions of readers with the help of surveys, observations and experiments.

Secondary Research:

The secondary research is the data that has already been collected by various other researchers in the form of government analysis or scientific studies.

Qualitative Research:

It is descriptive and subjective method irrespective of facts. Both observation and description are essential in this type of research methodology. Its main vision is to analyze knowledge, attitudes, behaviours as well as opinions of people related to the topic of any research. This method has been operated through grounded research, case study and actionable research.

Quantitative Research:

It contains several laboratory experiments, basic surveys, mathematical calculations, simulations and so on. The possible measurement, quantity or amount is considered to be a major factor in the quantitative research methodology.

Key Companies
The report also covers the current competitive scenario and profiles key vendors including market leaders and important emerging players. A selection of companies profiled in this report includes:
• Apex Tool Group
• Ariens Company (Ariensco)
• Atlas Copco AB
• Bosch
• BYD Company
• CHERVON
• Deere & Company
• Dynabrade
• Echo
• Emerson
• Fein
• Festool
• GS Yuasa Corp.
• Hilti AG
• Husqvarna AB
• Ingersoll Rand Inc.
• INTERSKOL
• Koki Holdings
• LG Chem Ltd.
• Makita Corp.
• Panasonic Holdings Corp.
• Positec
• SAMSUNG SDI
• Snap On Inc.
• Sony
• Stanley Black and Decker Inc.
• Techtronic Industries Co., Ltd.