Power Tools Help In Reducing The Time Associated With These Redundant Tasks, Along With Providing Increased Efficiency.

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The global power tools market is estimated to account for US$ 30,000.8 Mn in terms of value in year 2019, and is expected to grow at CAGR of 5.1% for the period 2020-2027.

Over the next seven years, demand for power tools is expected to rise due to increased usage in the automotive and construction industries. Fastening tasks abound on automobile manufacturing and assembly lines. As a result, car manufacturers and repair and maintenance service providers in the automotive sector are increasingly using power tools. Similarly, the construction industry's increased usage of drills, sanders, wrenches, and other equipment is increasing demand for these products.

 

Because of their simplicity of use and mobility, Power Tools are becoming more popular in domestic applications. Do-it-yourself (DIY) activities are becoming increasingly popular, resulting in greater demand from consumers. Companies are developing goods with additional safety measures to cater to the needs of customers who are not qualified experts.

 

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