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Global Portable Grinders Market (2018-2022) by Application, Product and Region - ResearchAndMarkets.com

January 4, 2019

DUBLIN--(BUSINESS WIRE)--Jan 4, 2019--The “Global Portable Grinders Market 2018-2022” report has been added to ResearchAndMarkets.com’s offering.

The portable grinders market is forecast to grow at a CAGR of more than 6% during the forecast period.

The market is concentrating in developed countries, therefore, the growth of the portable grinders market in developed countries is also due to their growing availability in specialty home improvement stores. These specialty stores offer portable power tools including potable grinders ad provide consumers the information on numerous brands, prices quality and design comparisons, thereby helping consumers make informed decisions before making purchase.

Brand consciousness for power tools including grinders is also increasing which is driving the rise in revenue of established brands which usually charge a premium on their products thereby increasing the average selling prices of portable grinders.

Rising popularity of DIY culture in developed countries

The growth pf the portable grinders market in developed countries is also due to their growing availability in specialty home improvement stores such as Home Depot, Lowe’s and Menard. These specialty stores offer portable power tools which thereby help consumers make informed decisions before making purchases.

Low penetration of portable grinders in developing and emerging countries

The professionals in developing countries tend to use advanced power tools such as portable grinders that increase their productivity, accuracy and total income. Therefore, over-dependence of the global portable grinders market on developed countries to earn its revenue keeps the market from achieving its true growth potential. This factor is a major challenge that needs to be overcome by developing cost-effective portable grinders for developing and emerging economies.

Key Players

Bosch Hilti Koki Holdings Makita Stanley Black & Decker Techtronic Industries

Topics Covered

1. Executive Summary

2. Scope of the Report

3. Research Methodology

4. Market Landscape

5. Market Sizing

6. Five Forces Analysis

7. Market Segmentation by Application

8. Market Segmentation by Product

9. Customer Landscape

10. Regional Landscape

11. Decision Framework

12. Drivers and Challenges

13. Market Trends

14. Vendor Landscape

15. Vendor Analysis

For more information about this report visit https://www.researchandmarkets.com/research/7w3fz8/global_portable?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190104005378/en/

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Related Topics:Hand Tools

KEYWORD:

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2019.

PUB: 01/04/2019 11:01 AM/DISC: 01/04/2019 11:01 AM

http://www.businesswire.com/news/home/20190104005378/en

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