Middle East Power Tools Market 2018-2024: Market Forecast by Types, Tool Types, Verticals, Countries, and Competitive Landscape - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 27, 2018--The “Middle East Power Tools Market (2018-2024): Market Forecast by Types, by Tool Types, by Verticals, by Countries, and Competitive Landscape” report has been added to ResearchAndMarkets.com’s offering.
The Middle East Power Tools market is projected to grow at a CAGR of 9.0% during 2018-24. From 2018 onwards, countries such as UAE and Qatar are likely to witness the highest number of construction projects, due to upcoming events such as World Expo in 2020, and the FIFA World Cup 2022. Apart from this, countries such as Turkey are likely to post further growth in the construction sector after the recovery from the economic slowdown.
Within the power tools market, electric power tools segment would continue to acquire further growth, however, pneumatic power tools segment would register high growth during the forecast period, backed by expected growth in automotive and manufacturing sectors.
By Types:Electric Pneumatic
By Tool Types:Metal Concrete Wood Working Others
By Verticals:Construction Automotive Manufacturing Others
By Countries:Turkey Iran Saudi Arabia UAE Qatar Oman Bahrain Kuwait
Companies MentionedBlack and Decker GMBH FIFA Hilti Middle East FZE Hitachi Sales Middle East FZE Makita Gulf FZE Robert Bosch Middle East Techtronic Industries FZCO
For more information about this report visit https://www.researchandmarkets.com/research/pzp6cl/middle_east_power?w=4.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180927005613/en/
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Related Topics:Hand Tools
KEYWORD: MIDDLE EAST
INDUSTRY KEYWORD: RETAIL SPECIALTY CONSTRUCTION & PROPERTY OTHER CONSTRUCTION & PROPERTY
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 09/27/2018 10:53 AM/DISC: 09/27/2018 10:53 AM