Power Tool Batteries Market Size | Demand & Forecast 2019-2027

Name: Power Tool Batteries Market - Demand, Size and Competitive Analysis
Creator: Credence Research Inc.
Published: 2019-09-27
License: https://www.credenceresearch.com/info/privacy-policy
Keywords: Power Tool Batteries Market

Summary
Table Of Content
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Market Synopsis

Increasing urbanization and growing demand for construction activities across the globe is the key factor in driving the market for power tool batteries.

The global power tool batteries market is poised to reach US$ 55.04 Bn by 2027, expanding at a CAGR of 7.10% during the forecast period from 2019 to 2027. An increase in the number of construction and infrastructure projects, rapid growth in the automobile sector, and growing adoption of power tools are the major factors driving demand for power tool batteries worldwide. However, higher costs for cordless tools, higher maintenance costs, and government policies and regulation constraints for its transportation are the major challenges faced by the power tool batteries market.

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Increasing demand for Power Tools in Construction activities is going to drive the market.

Growing demand from construction activities such as residential buildings, industrial plants, refineries, roads, bridges, and recreational facilities is expected to drive the market for power tool batteries. Increasing urbanization will also lead to the development of various infrastructures, followed by increasing demand for power tools. Government policies, regulations, and concepts on smart city projects may also be considered as the propelling factors for the growth of power tools which, in turn, will increase the demand for batteries over the forecast period. However, industry evolution, along with technological developments, has created a need for the use of power tools in the construction industries.

North America to Dominate, Asia-Pacific to Witness Strong Growth

Increasing demand and infrastructure investments will be the significant drivers, followed by continued positive growth in the residential and non-residential construction industries. In the U.S., about 40% of the total construction industry represents the residential building segment which is expected to have a positive growth driving the demand for power tools batteries. Due to continue furthermore, duegrowth in the economies of North America, the power tool batteries market is going to register substantial growth over the forecast period owing to an increase in construction activity.

The Asia Pacific continues to grow at a significant rate due to an increase in low product penetration, investments in infrastructural developments, and increasing disposable incomes. In addition, the increase in numbers of production of power tools in China and India will continue to drive market growth in the coming years. In India, the real estate segment is expected to rise lucratively, owing to the demand for semi-urban and urban development. In addition, growing investments in the hospitality, retail, and commercial sector are going to fuel the demand for power tool batteries across the region.

Key Players & Competitive Landscape:

The leading manufacturers profiled in the study include Bosch Ltd., Hitachi Ltd., Makita Corporation, Panasonic Corporation, Ryobi Limited, Samsung SDI, Sony Corporation, Stanley Black and Decker Inc., Panasonic Industrial Devices & Solutions, and LG Chem.

Historical & Forecast Period

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.

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Report Scope by Segments

The research study on the power tool batteries market offers market size and forecasts based on market dynamics and predominant trends shaping the industry. In addition, the report provides an all-around view of the global power tool batteries market based on its technology type, application, and geography. Key segments covered in the report are as follows:

Segmentation Technology Segment (2017–2027; US$ Bn)

Lithium Ion
Nickel Cadmium
Others

Application Segment (2017–2027; US$ Bn)

Residential
Industrial
Others

Geography Segment (2017–2027; US$ Bn)

North America
- US.
- Canada
Europe
- Germany
- France
- UK.
- Italy
- Spain
- Rest of Europe
Asia Pacific
- China
- Japan
- India
- South Korea
- South-east Asia
- Rest of Asia Pacific
Latin America
- Brazil
- Mexico
- Rest of Latin America
Middle East & Africa
- GCC Countries
- South Africa
- Rest of the Middle East and Africa

1. Preface
1.1. Report Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global PTB Market Snapshot
2.1.1. Global PTB Market by Technology, 2018 (US$ Bn)
2.1.2. Global PTB Market by Application, 2018 (US$ Bn)
2.1.3. Global PTB Market by Geography, 2018(US$ Bn)

3. Global Power Tool Batteries (PTB) Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Impact Analysis of Drivers and Challenges
3.5. Competitive Landscape
3.5.1. Market Positioning of Leading PTB manufacturers, 2018
3.5.2. Strategies Adopted by Leading PTB manufacturers

4. Global Power Tool Batteries (PTB) Market Size (US$ Bn), By Technology, 2017 – 2027
4.1. Overview
4.1.1. PTB Market Analysis by Technology, 2018 & 2027
4.1.1.1. Lithium Ion
4.1.1.2. Nickel Cadmium

5. Global Power Tool Batteries (PTB) Market Size (US$ Bn), By Application, 2017 – 2027
5.1. Overview
5.1.1. PTB Market Analysis by Application, 2018 & 2027
5.2. Industrial
5.3. Residential
5.4. Other Industries

6. Global Power Tool Batteries (PTB) Market Size (US$ Bn), By Geography, 2017 – 2027
6.1. North America
6.2. Europe
6.3. Asia Pacific
6.4. Rest of World

7. North America Power Tool Batteries (PTB) Market Analysis, 2017 – 2027
7.1. Overview
7.2. North America PTB Market Size (US$ Bn), By Technology, 2017 – 2027
7.2.1. Lithium Ion
7.2.2. Nickel Cadmium
7.3. North America PTB Market Size (US$ Bn), By Application, 2017 – 2027
7.3.1. Industrial
7.3.2. Residential
7.3.3. Other Industries
7.4. North America PTB Market Size (US$ Bn), By Country, 2017 – 2027
9.6.1. U.S.
9.6.2. Rest of North America

8. Europe Power Tool Batteries (PTB) Market Analysis, 2017 – 2027
8.1. Overview
8.2. Europe PTB Market Size (US$ Bn), By Technology, 2017 – 2027
8.2.1. Lithium Ion
8.2.2. Nickel Cadmium
8.3. Europe PTB Market Size (US$ Bn), By Application, 2017 – 2027
8.3.1. Industrial
8.3.2. Residential
8.3.3. Other Industries
8.4. Europe PTB Market Size (US$ Bn), By Country, 2017 – 2027
8.4.1. U.K.
8.4.2. Germany
8.4.3. France
8.4.4. Rest of Europe

9. Asia Pacific Power Tool Batteries (PTB) Market Analysis , 2017 – 2027
9.1. Overview
9.2. Asia Pacific PTB Market Size (US$ Bn), By Technology, 2017 – 2027
9.2.1. Lithium Ion
9.2.2. Nickel Cadmium
9.3. Asia Pacific PTB Market Size (US$ Bn), By Application, 2017 – 2027
9.3.1. Industrial
9.3.2. Residential
9.3.3. Other Industries
9.4. Asia Pacific PTB Market Size (US$ Bn), By Country, 2017 – 2027
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. Rest of Asia Pacific

10. Rest of the World Power Tool Batteries (PTB) Market Analysis , 2017 – 2027
10.1. Overview
10.2. Rest of the World PTB Market Size (US$ Bn), By Technology, 2017 – 2027
10.2.1. Lithium Ion
10.2.2. Nickel Cadmium
10.3. Rest of the World PTB Market Size (US$ Bn), By Application, 2017 – 2027
10.3.1. Industrial
10.3.2. Residential
10.3.3. Other Industries
10.4. Rest of the World PTB Market Size (US$ Bn), By Country, 2017 – 2027
10.4.1. Latin America
10.4.2. Middle East & Africa

11. Company Profiles
11.1. Competitive Dashboard
11.1.1. Bosch Ltd.
11.1.2. Hitachi, Ltd.
11.1.3. Makita Corporation
11.1.4. Panasonic Corporation
11.1.5. Ryobi Limited
11.1.6. Samsung SDI
11.1.7. Sony Corporation
11.1.8. Stanley Black and Decker Inc.
11.1.9. LG Chem
11.1.10. Panasonic Industrial Devices & Solutions

List of Figures

FIG. 1 Global Power Tool Batteries (PTB) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 PTB Market Segmentation
FIG. 4 PTB Market, by Technology, 2018 (US$ Mn)
FIG. 5 PTB Market, by Application, 2018 (US$ Mn)
FIG. 6 PTB Market, by Geography, 2018 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key PTB Market Manufacturers, 2018
FIG. 9 PTB Market Value Share, by Technology, 2018 & 2027 (Value %)
FIG. 10 Global Lithium Ion PTB Market, 2017–2027 (US$ Mn)
FIG. 11 Global Nickel Cadmium PTB Market, 2017–2027 (US$ Mn)
FIG. 12 PTB Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 13 Global Industrial Market For PTB, 2017–2027 (US$ Mn)
FIG. 14 Global Residential Market For PTB, 2017–2027 (US$ Mn)
FIG. 15 North America PTB Market, 2017–2027 (US$ Mn)
FIG. 16 Europe PTB Market, 2017–2027 (US$ Mn)
FIG. 17 Asia Pacific PTB Market, 2017–2027 (US$ Mn)
FIG. 18 RoW PTB Market, 2017–2027 (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Power Tool Batteries (PTB) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 5 PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 6 PTB Market, by Geography, 2017–2027 (US$ Mn)
TABLE 7 North America PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 8 North America PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 9 North America PTB Market, by Country, 2017–2027 (US$ Mn)
TABLE 10 Europe PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 11 Europe PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 12 Europe PTB Market, by Country, 2017–2027 (US$ Mn)
TABLE 13 Asia Pacific PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 14 Asia Pacific PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 15 Asia Pacific PTB Market, by Country, 2017–2027 (US$ Mn)
TABLE 16 Rest of the World PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 17 Rest of the World PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 18 Rest of the World PTB Market, by Country, 2017–2027 (US$ Mn)
TABLE 19 Bosch Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 20 Hitachi, Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 Panasonic Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 Ryobi Limited: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Samsung SDI: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Sony Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Stanley Black and Decker Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Panasonic Industrial Devices & Solutions: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

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Frequently Asked Questions

What is the size of Power Tool Batteries Market ?

The market for Power Tool Batteries Market is expected to reach US$ 55.04 Bn by 2027.

What is the Power Tool Batteries Market CAGR?

The Power Tool Batteries Market is expected to see significant CAGR growth over the coming years, at 7.10%.

What is the Forecast period considered for Power Tool Batteries Market ?

The report is forecasted from 2019-2027.

What is the base year considered for Power Tool Batteries Market ?

The base year of this report is 2018.

Who are the major players in this market?

Competitive Dashboard are some of the major players in the global market.

About Author

Ganesh Chandwade

Senior Industry Consultant

Ganesh is a senior industry consultant specializing in heavy industries and advanced materials.

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