US$ 85 Billion Portable Tools Market Poised to Grow by 1.4x through 2018 and 2028, Reveals Fact.MR
Verfasser: ashwani_kailiya on Tuesday, 28 August 2018Portable tools market continues to maintain its momentum on back of strong sales of personal protective equipment and power tools. The US$ 85 billion market is likely to show Goldilocks growth, with market revenues likely to grow by 1.4X between 2018 and 2028. These insights are according to a latest FactMR study that tracks the Portable Tools Market in over seven regions and over 50 countries.
According to the report, the portable tools market continues to be highly fragmented, with a number of local and regional players accounting for miniscule revenue shares. Large corporations, such as Stanley Black & Decker, Inc. and Robert Bosch GmbH have single-digit market share from portable tools. The report finds that a large number of local and regional players cater to fixed categories of portable tools, with power tools and personal protection equipment among the top draws.
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