Power Tool Market Key Players Danaher Corporation, Stanley Black & Decker, Inc., Allied Trade Group (ATG) Stores, Husqvarna Analysis Forecast 2023
September 13, 2017 at 10:18 AM EDT
New York, NY -- (SBWIRE) -- 09/13/2017 -- Global Power Tool Market is accounted for $29.63 billion in 2016 and is expected to reach $46.21 billion by 2023 growing at a CAGR of 6.5% during the forecast period. Factors such as rising demand in housing funds, change in lifestyle and growing demand of automation are fueling the market growth. However, rising concerns for human security is hampering the market. Growth in emerging economies provides ample of opportunities for the market growth.