India Power Tools Market (2020-2026) | Outlook, Revenue, Forecast, Share, Analysis, Size, Industry, COVID-19 IMPACT, Companies, Value, Growth & Trends

Market Forecast By Technology (Electric Power Tools (Corded Power Tools, Cordless Power Tools), Pneumatic Power Tools), By Tool Types (Metal Power Tools (Grinder, Cutter, Driller), Concrete Power Tools (Demolition Hammer, Rotatory Hammer), Wood Power Tools (Saws, Router, Planer), Other Power Tools (Sand Polisher, Shears & Nibbers, Painting Tools), By Verticals (Industrial, Commercial, Transportation, Others (Defense, DIY Customers, etc.)), By Market Type (Organized Market, Unorganized Market), By Regions (Eastern, Western, Northern, Southern) and competitive landscape

Product Code: ETC003134 Publication Date: Aug 2023 Updated Date: Jun 2023 Product Type: Report
Publisher: 6Wresearch No. of Pages: 118 No. of Figures: 38 No. of Tables: 12

India Power Tools Market Shipment Analysis

India Power Tools Market registered a growth of 1.55% in value shipments in 2022 as compared to 2021 and an increase of 13.01% CAGR in 2022 over a period of 2017. In Power Tools Market India is becoming more competitive as the HHI index in 2022 was 4880 while in 2017 it was 4894. Herfindahl Index measures the competitiveness of exporting countries. The range lies from 0 to 10000, where a lower index number represents a larger number of players or exporting countries in the market while a large index number means less numbers of players or countries exporting in the market. India has reportedly relied more on imports to meet its growing demand in Power Tools Market.

India is shifting towards local production to meet its demand as we see the trend is shifting towards reducing imports. The import factor of Power Tools Market in 2022 was 7.62 while in 2017 it was 10.26. China, Belgium, Thailand, Germany and Malaysia were among the top players of the market in 2022, where China acquired the largest market share of 69.04% with a shipment value of 86.42 million USD in 2022 China also offered the product below the average market price thus having a competitive advantage over others In 2017 China had the largest market share of 68.88% with the shipment value of 40.77 million USD. The country was offering its product with an average price which is lower than the average market price offered in the country. As China price is lower than the average price, it provided a significant edge among other competitor in 2017.

India Power Tools Market | Country-Wise Share and Competition Analysis

In the year 2021, China  was the largest exporter in terms of value, followed by Germany. It has registered a growth of 51.42% over the previous year. While Germany registered a growth of 66% as compare to the previous year. In the year 2017 China was the largest exporter followed by Germany. In term of Herfindahl Index, which measures the competitiveness of countries exporting, India has the Herfindahl index of 3812 in 2017 which signifies high concentration also in 2021 it registered a Herfindahl index of  5295 which signifies high concentration in the market.

India Power Tools Market - Export Market Opportunities

India Power Tools Market report thoroughly covers the power tools market by technology, tool types, market type, verticals, and regions. The India power tools market outlook report provides an unbiased and detailed analysis of the ongoing India power tools market trends, opportunities/high growth areas, market drivers, and India power tools market share by companies, which would help stakeholders to device and align market strategies according to the current and future market dynamics.

India Power Tools Market Synopsis

India Power Tools Market is anticipated to witness notable growth during the forecast period. A rapid shift in consumer preference from hand tools to power tools on account of several factors such as better durability, precision, performance, and convenience has resulted in significant demand for power tools in recent years. The majority of the demand for power tools in the Indian market could be witnessed in verticals such as construction, industrial, and transportation. Although international brands namely Bosch, Stanley, and Makita emerged as the key players in the market, the Chinese power tools are being highly preferred by price-sensitive consumers across the small-scale industries, residential sector, and DIY consumer segment. The market has seen a halt owing to the massive outbreak of COVID-19 which resulted in nationwide lockdowns to combat the spread of the virus and has led to a decline in the overall market growth.

According to 6Wresearch, India Power Tools Market size is projected to grow at CAGR of 8.4% during 2020-2026. Power tools market size in India is projected to gain traction in the forthcoming years on the back of the increasing product acceptance across all major verticals including construction and residential sectors. Additionally, an increase in the number of middle-class families and youth population has accelerated the adoption of electric vehicles in the country and is likely to widen the product demand during the maintenance of automobiles. In line with this, the power tools speed up the repetitive process of tightening and loosening nuts and bolts is estimated to leave a positive impact on the market demand and would benefit the growth of the India power tools market in the upcoming six years.

India Power Tools Market

Market Analysis by Technology

In terms of technology type, electric power tools have emerged as a major market shareholder in the India power tools market in 2019, owing to its comparatively lesser price, maintenance, and more convenience to handle in comparison to pneumatic power tools. As technological advancements and innovations are taking place in power tools, the revenues and revenue share of cordless electric power tools is expected to increase further in the years to come.

Power Tools Market in India is projected to gain traction in the upcoming six years backed by the rising potential growth of the automotive sector in the years to come. The increase in the adoption of electric vehicles in the country due to cease the carbon emission rate coupled with the increase in the passenger vehicles where three-wheeler is increasing at a rapid pace and is leading to increasing the manufacturing of vehicles and is estimated to proliferate the use of power tools and is expected to boost the optimistic growth of to power tools in the country in the forthcoming years.

Key Attractiveness of the Report

  • COVID-19 Impact on the Market.
  • 10 Years Market Numbers.
  • Historical Data Starting from 2016 to 2019.
  • Base Year: 2019
  • Forecast Data until 2026.
  • Key Performance Indicators Impacting the Market.
  • Major Upcoming Developments and Projects

Key Highlights of the Report

  • India Power Tools Market Overview
  • India Power Tools Market Outlook
  • India Power Tools Market Forecast
  • Historical data of India Power Tools Market Revenues for the Period 2016-2019
  • India Power Tools Market Size and India Power Tools Market Forecast of Revenues, until 2026
  • Historical data and Forecast of India Power Tools Market Revenues, By Tool Types, for the Period 2016-2026
  • Historical data and Forecast of India Power Tools Market Revenues, By Technology, for the Period 2016-2026
  • Historical data and Forecast of India Power Tools Market Revenues, By Verticals, for the Period 2016-2026
  • Historical data and Forecast of India Power Tools Market Revenues, By Regions, for the Period 2016-2026
  • Historical data and Forecast of India Power Tools Market Revenues, By Market Types, for the Period 2016-2026
  • Market Drivers and Restraints
  • India Power Tools Market Trends
  • Industry Life Cycle and Value Chain Analysis & Ecosystem
  • Porter’s Five Forces Analysis
  • India Power Tools Market Share, By Companies
  • India Power Tools Market Opportunity Assessment
  • India Power Tools Market Overview by Competitive Benchmarking
  • Company Profiles
  • Key Strategic Recommendations

Market Scope and Segmentation

The report provides a detailed analysis of the following market segments:

  • By Technology
    • Electric Power Tools
      • Corded Power Tools
      • Cordless Power Tools
    • Pneumatic Power Tools
  • By Tool Types
    • Metal Power Tools
      • Grinder
      • Cutter
      • Driller
    • Concrete Power Tools
      • Demolition Hammer
      • Rotatory Hammer
    • Wood Power Tools
      • Saws
      • Router
      • Planer
    • Other Power Tools
      • Sand Polisher
      • Shears & Nibblers
      • Painting Tools
  • By Verticals
    • Industrial
    • Commercial
    • Transportation
    • Others (Defense, DIY Customers, etc.)
  • By Regions
    • Eastern
    • Western
    • Northern
    • Southern

Other Key Reports Available:

  • Latin America Power Tools Market (2020-2026F)
  • Europe Power Tools Market (2020-2026F)
  • APAC Power Tools Market (2020-2026F)
  • Global Power Tools Market (2020-2026F)
India Power Tools Market: FAQs

Does the report consider COVID-19 impact?

The report not only has considered COVID-19 impact but also current market dynamics, trends and KPIs into consideration.

How much growth is expected in the India Power Tools Market over the coming years?

The India Power Tools Market revenue is anticipated to record a CAGR of 8.4% during 2020-2026.

Which segment has captured key share of the market?

Electric Power Tools are the leading market segment in the overall market revenues in the year 2019.

Which segment is exhibited to gain traction over the forecast period?

Industrial segment is expected to record key growth throughout the forecast period 2020-2026.

Who are the key players of the market?

The key players of the market include- Bosch Ltd., Stanley Black & Decker India Pvt. Ltd., Makita Power Tools India Pvt. Ltd., Hikoki India Pvt. Ltd., Hilti India Pvt. Ltd., Kulkarni Power Tools Ltd. (KPT), FEIN Power Tools India Pvt. Ltd., Atlas Copco (India) Ltd., Snap-on Inc., Dong Cheng Power Tools

We also want to have market reports for other countries/regions.

6Wresearch has the database of more than 60 countries globally, which can make us your first choice of all your research needs.

Do you also provide customisation in the market study?

Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com

TABLE OF CONTENTS

1. Executive Summary

2. Introduction

2.1 Report Description

2.2 Key Highlights of the Report

2.3 Market Scope & Segmentation

2.4 Research Methodology

2.5 Assumptions

3. India Power Tools Market Overview

3.1 India Power Tools Market Revenues & Volume, 2016-2026F

3.2 India Power Tools Market Revenue Share, By Technology, 2019 & 2026F

3.3 India Power Tools Market Revenue Share, By Tool Types, 2019 & 2026F

3.4 India Power Tools Market Revenue Share, By Verticals 2019 & 2026F

3.5 India Power Tools Market Revenue Share, By Regions, 2019 & 2026F

3.6 India Power Tools Market Revenue Share, By Market Type, 2019 & 2026F

3.7 India Power Tools Market- Industry Life Cycle

3.8 India Power Tools Market- Porter’s Five Forces

3.9 India Power Tools Market- Value Chain Analysis & Ecosystem

4. India Power Tools Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.3 Market Restraints

5. India Power Tools Market Trends & Evolution

6. India Power Tools Market Price Trend Analysis

7. India Power Tools Market Overview, By Market Type

7.1 India Power Tools Market Revenue Share, By Market Type, 2019 & 2026F

7.1.1 India Organized Power Tools Market Revenues, 2016-2026F

7.1.2 India Unorganized Power Tools Market Revenues, 2016-2026F

8. India Power Tools Market Overview, By Technology

8.1 India Electric Power Tools Market Revenues, 2016-2026F

8.1.1 India Corded Power Tools Market Revenues, 2016-2026F

8.1.2 India Cordless Power Tools Market Revenues, 2016-2026F

8.2 India Pneumatic Power Tools Market Revenues, 2016-2026F

9. India Metal Power Tools Market Overview

9.1 India Metal Power Tools Market Revenues & Volume, 2016-2026F

9.2 India Metal Power Tools Market Revenue Share, By Types, 2019 & 2026F

9.2.1 India Metal Power Tools Market Revenues, By Types, 2016-2026F

9.3 India Metal Power Tools Market Revenue Share, By Applications, 2019 & 2026F

9.3.1 India Metal Manufacturing Power Tools Market Revenues, 2016-2026F

9.3.2 India Metal Fabrication Power Tools Market Revenues, 2016-2026F

9.3.3 India Other Metal Power Tools Market Revenues, 2016-2026F

10. India Concrete Power Tools Market Overview

10.1 India Concrete Power Tools Market Revenues & Volume, 2016-2026F

10.2 India Concrete Power Tools Market Revenue Share, By Types, 2019 & 2026F

10.2.1 India Concrete Power Tools Market Revenues, By Types, 2016-2026F

10.3 India Concrete Power Tools Market Revenue Share, By Applications, 2019 & 2026F

10.3.1 India Concrete Drilling Power Tools Market Revenues, 2016-2026F

10.3.2 India Concrete Grinding Power Tools Market Revenues, 2016-2026F

10.3.3 India Other Concrete Power Tools Market Revenues, 2016-2026F

11. India Wood Power Tools Market Overview

11.1 India Wood Power Tools Market Revenues & Volume, 2016-2026F

11.2 India Wood Power Tools Market Revenue Share, By Types, 2019 & 2026F

11.2.1 India Wood Power Tools Market Revenues, By Types, 2016-2026F

11.3 India Wood Power Tools Market Revenue Share, By Applications, 2019 & 2026F

11.3.1 India Wood Cutting Power Tools Market Revenues, 2016-2026F

11.3.2 India Wood Drilling Power Tools Market Revenues, 2016-2026F

11.3.3 India Other Wood Power Tools Market Revenues, 2016-2026F

12. India Other Power Tools Market Overview

12.1 India Other Power Tools Market Revenues & Volume, 2016-2026F

13. India Power Tools Market Overview, By Verticals

13.1 India Construction Power Tools Market Revenues, 2016-2026F

13.2 India Industrial Power Tools Market Revenues, 2016-2026F

13.3 India Transportation Power Tools Market Revenues, 2016-2026F

13.3.1 India Transportation Power Tools Market Revenue Share, By Types 2019 & 2026F

13.3.1.1 India Transportation Power Tools Market Revenues, By Automotive Application, 2016-2026F

13.3.1.2 India Transportation Power Tools Market Revenues, By Aerospace Application, 2016-2026F

13.3.1.3 India Transportation Power Tools Market Revenues, By Marine Application, 2016-2026F

13.3.1.4 India Transportation Power Tools Market Revenues, By Others Applications, 2016-2026F

13.4 India Other Power Tools Market Revenues, 2016-2026F

14. India Power Tools Market Overview, By Regions

14.1 India Power Tools Market Revenues, By Western Region, 2016-2026F

14.2 India Power Tools Market Revenues, By Eastern Region, 2016-2026F

14.3 India Power Tools Market Revenues, By Southern Region, 2016-2026F

14.4 India Power Tools Market Revenues, By Northern Region, 2016-2026F

15. India Power Tools Market- Industry Regulations

16. India Power Tools Market- Key Performance Indicators

16.1 India Real Estate Sector Outlook

16.2 India Residential Sector Outlook

16.3 India Industrial Sector Outlook

16.4 India Education Sector Outlook

16.5 India Healthcare Sector Outlook

17. India Power Tools Market - Opportunity Assessment

17.1 India Power Tools Market Opportunity Assessment, By Technology, 2026F

17.2 India Power Tools Market Opportunity Assessment, By Tool Types, 2026F

17.3 India Power Tools Market Opportunity Assessment, By Verticals, 2026F

17.4 India Power Tools Market Opportunity Assessment, By Regions, 2026F

18. India Power Tools Market – Competitive Landscape

18.1 India Power Tools Market Revenue Share, By Companies, 2019

18.2 India Power Tools Market Competitive Benchmarking, By Technology

18.3 India Power Tools Market Competitive Benchmarking, By Operating Parameters

19. Company Profiles

19.1 Bosch Ltd.

19.2 Stanley Black & Decker India Pvt. Ltd.

19.3 Makita Power Tools India Pvt. Ltd.

19.4 Hikoki India Pvt. Ltd.

19.5 Hilti India Pvt. Ltd.

19.6 Kulkarni Power Tools Ltd. (KPT)

19.7 FEIN Power Tools India Pvt. Ltd.

19.8 Atlas Copco (India) Ltd.

19.9 Snap-on Inc.

19.10 Dongcheng Power Tools

20. Key Strategic Recommendation

21. Disclaimer

LIST OF FIGURES

 1. India Power Tools Market Revenues & Volume, 2016-2026F (INR Crore, ‘0000 Units)

 2. India Power Tools Market Revenue Share, By Technology, 2019 & 2026F

 3. India Power Tools Market Revenue Share, By Tool Types, 2019 & 2026F

 4. India Power Tools Market Revenue Share, By Verticals, 2019 & 2026F

 5. India Power Tools Market Revenue Share, By Regions, 2019 & 2026F

 6. India Power Tools Market Revenue Share, By Market Type, 2019 & 2026F

 7. Price Trend of Power Tools in India, 2016-2026F (INR Rs per unit)

 8. India Power Tools Market Revenue Share, By Market Type, 2019 & 2026F

 9. India Organized Power Tools Market Revenues, 2016-2026F (INR Crore)

 10. India Unorganized Power Tools Market Revenues, 2016-2026F (INR Crore)

 11. India Electric Power Tools Market Revenues, 2016-2026F (INR Crore)

 12. India Corded Power Tools Market Revenues, 2016-2026F (INR Crore)

 13. India Cordless Power Tools Market Revenues, 2016-2026F (INR Crore)

 14. India Pneumatic Power Tools Market Revenues, 2016-2026F (INR Crore)

 15. India Metal Power Tools Market Revenues & Volume, 2016-2026F (INR Crore, ‘0000 Units)

 16. India Metal Power Tools Market Revenue Share, By Types, 2019 & 2026F

 17. India Metal Power Tools Market Revenue Share, By Applications, 2019 & 2026F

 18. India Concrete Power Tools Market Revenues & Volume, 2016-2026F (INR Crore, ‘0000 Units)

 19. India Concrete Power Tools Market Revenue Share, By Types, 2019 & 2026F

 20. India Concrete Power Tools Market Revenue Share, By Applications, 2019 & 2026F

 21. India Wood Power Tools Market Revenues & Volume, 2016-2026F (INR Crore, ‘0000 Units)

 22. India Wood Power Tools Market Revenue Share, By Types, 2019 & 2026F

 23. India Wood Power Tools Market Revenue Share, By Applications, 2019 & 2026F

 24. India Other Power Tools Market Revenues & Volume, 2016-2026F (INR Crore, ‘0000 Units)

 25. India Construction Power Tools Market Revenues, 2016-2026F (INR Crore)

 26. India Industrial Power Tools Market Revenues, 2016-2026F (INR Crore)

 27. India Transportation Vertical Power Tools Market Revenues, 2016-2026F (INR Crore)

 28. India Transportation Power Tools Market Revenue Share, By Types, 2019 & 2026F

 29. India Other Verticals Power Tools Market Revenues, 2016-2026F (INR Crore)

 30. Eastern India Power Tools Market Revenues, 2016-2026F (INR Crore)

 31. Western India Power Tools Market Revenues, 2016-2026F (INR Crore)

 32. Northern India Power Tools Market Revenues, 2016-2026F (INR Crore)

 33. Southern India Power Tools Market Revenues, 2016-2026F (INR Crore)

 34. India Power Tools Market Opportunity Assessment, By Technology, 2026F

 35. India Power Tools Market Opportunity Assessment, By Tool Types, 2026F

 36. India Power Tools Market Opportunity Assessment, By Verticals, 2026F

 37. India Power Tools Market Opportunity Assessment, By Regions, 2026F

 38. India Power Tools Market Revenue Share, By Companies, 2019

LIST OF TABLES

 1. India Automobile Domestic Sales Trend, 2015-2019

 2. India Automobile Production Trend, 2015-2019

 3. List of Construction Project details under the Government/ Private ownership as of Feb 2020 (Contd.)

 4. India Metal Power Tools Market Revenues, By Types, 2016-2026F (INR Crore)

 5. India Metal Power Tools Market Revenues, By Applications, 2016-2026F (INR Crore)

 6. India Concrete Power Tools Market Revenues, By Types, 2016-2026F (INR Crore)

 7. India Concrete Power Tools Market Revenues, By Applications, 2016-2026F (INR Crore)

 8. India Wood Power Tools Market Revenues, By Types, 2016-2026F (INR Crore)

 9. India Wood Power Tools Market Revenues, By Applications, 2016-2026F (INR Crore)

 10. India Transportation Power Tools Market Revenues, By Types, 2016-2026F (INR Crore)

 11. Upcoming High-Rise Building Across Key Cities in India (As of Feb 2020)

 12. Upcoming Residential Projects in Key Cities in India

UAE Power Tools Market (2018-2024): Market Forecast By Technology (Electric Power Tool and Pneumatic Power Tool), By Tool Types (Metal Segment, Concrete Segment, Wood Working Segment and Others), By Verticals (Construction, Automotive, Manufacturing, and Others), By Regions (Northern and Southern) and Competitive Landscape

India Power Tools Market (2018-2024): Market Forecast By Technology (Electric Power Tools (Corded Power Tools and Cordless Power Tools), Pneumatic Power Tools)), By Tool Types (Metal Segment, Concrete Segment, Wood-working Segment, and Others), By Verticals (Construction, Industrial, Automotive and Others), By Regions (Northern, Western, Eastern and Southern) and Competitive Landscape

Middle East Power Tools Market (2018-2024): Market Forecast By Types (Electric and Pneumatic), By Tool Types (Metal, Concrete, Wood Working, and Others), By Verticals (Construction, Automotive, Manufacturing, and Others), By Countries (Turkey, Iran, Saudi Arabia, UAE, Qatar, Oman, Bahrain, and Kuwait) and Competitive Landscape

Saudi Arabia Power Tools Market (2020-2026): Market Forecast By Tool Types(Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools & Others), By Modes of Operation(Electric (Corded Tools, Cordless Tools, Pneumatic), By Applications (Industrial (Aerospace, Construction, Automotive, Energy), Residential), By Regions(Central Region, Western Region, Eastern Region, Southern Region) and Competitive Landscape

North America Power Tools Market (2020-2026): Market Forecast By Tool Types(Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools & Others), By Modes of Operation(Electric (Corded Tools, Cordless Tools, Pneumatic), By Applications (Industrial (Aerospace, Construction, Automotive, Energy), Residential), By Countries(the United States of America, Canada & Rest of North America) and Competitive Landscape

Latin America Power Tools Market (2020-2026): Market Forecast By Tool Types(Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools & Others), By Modes of Operation(Electric (Corded Tools, Cordless Tools, Pneumatic), By Applications (Industrial (Aerospace, Construction, Automotive, Energy), Residential), By Countries(Brazil, Argentina, Mexico & Rest of Latin America) and Competitive Landscape

Global Power Tools Market (2020-2026): Market Forecast By Tool Types(Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools & Others), By Modes of Operation(Electric (Corded Tools, Cordless Tools, Pneumatic), By Applications (Industrial (Aerospace, Construction, Automotive, Energy), Residential), By Regions (North America, Europe, Asia Pacific, Latin America Middle East & Africa), By Key Countries and Competitive Landscape

Europe Power Tools Market (2020-2026): Market Forecast By Tool Types(Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools & Others), By Modes of Operation(Electric (Corded Tools, Cordless Tools, Pneumatic), By Applications (Industrial (Aerospace, Construction, Automotive, Energy), Residential), By Countries(Germany, Italy, France, United Kingdom & Rest of Europe) and Competitive Landscape

Asia Pacific Power Tools Market (2020-2026): Market Forecast By Tool Types(Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools & Others), By Modes of Operation(Electric (Corded Tools, Cordless Tools, Pneumatic), By Applications (Industrial (Aerospace, Construction, Automotive, Energy), Residential), By Countries(India, China, Japan, Australia, Indonesia, Malaysia, Thailand, South Korea & Rest of Asia Pacific) and Competitive Landscape

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