Global Portable Grinders Market (2018-2022) by Application, Product and Region - ResearchAndMarkets.com
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 PlayersBosch Hilti Koki Holdings Makita Stanley Black & Decker Techtronic Industries
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
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Related Topics:Hand Tools
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 01/04/2019 11:01 AM/DISC: 01/04/2019 11:01 AM