Lewes, DE -- (SBWIRE) -- 05/13/2015 -- Report forecast the power tools market in Europe to grow at a CAGR of 3.87% over the period 2014-2019.

Power tools are used to develop products with ease and convenience. There are several types of power tools:

- Engine-driven
- Electric
- Pneumatic

Gasoline is used to operate engine-driven power tools. Pneumatic power tools, on the other hand, operate on the effective deployment of compressors. Power tools find application in the following:

- Drilling
- Screw driving
- Chiselling
- Planning
- Routing
- Sanding
- Buffing
- Polishing
- Levelling

Apart from residential applications, power tools find application across industries such as automotive, infrastructure, construction, woodworking, aerospace, and electrical and electronics.

This report covers the present scenario and the growth prospects of the power tools market in Europe during the period 2015-2019. For ascertaining the market size and vendor share, the report considers revenue generated from the sales of power tools.

According to the report, In today's competitive world, in which every other company is offering the same product, timely delivery of projects plays a major role in creating brand differentiation. Companies across industries are delayed in launching and delivering products on time because of delays in product development across their supply chain. But the time required for project completion can be drastically reduced by the use of efficient power tools. Thus, effective power tools such as tile cutters, rotary hammers, and wall chasers enable the development of quality infrastructure in minimal time. In addition, any last-minute addition/change in the electrical and plumbing design can be carried out with ease, enabling a faster response to customer needs. Therefore, adoption of power tools in industries paves the way for faster and on-time project delivery.

The Power Tools Market in Europe 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key players in Power Tools Market in Europe 2015-2019: Bosch, Makita, Stanley Black & Decker and Techtronic Industries

Other Prominent Vendors in the market are: Atlas Copco Electric Tools, Baier, Casals, Collomix, C. & E. Fein, Duss, Elektrowerkzeuge, Festool, Flex, Hilti, Hitachi Koki, Husqvarna, Interskol, ITW, Lamello, Metabo, Mirka, Panasonic, Peugeot, Rupes, Ryobi,SkilSparky Power Tools, Stayer and Stihl

Market Driver
- Efficient completion of projects in minimum time
- For a full, detailed list, view our report

Market Challenge
- High cost of power tools
- For a full, detailed list, view our report

Market Trend
- Increased competition from Chinese manufacturers
- For a full, detailed list, view our report

Key Questions Answered in this Report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Spanning over 71 pages, "Power Tools Market in Europe 2015-2019" report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Product, Market Segmentation by End-user, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://www.marketresearchreports.com/technavio/power-tools-market-europe-2015-2019

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