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Historical Year
Forecast Year
The Mexico power tools market size is expected to grow at a CAGR of 5.10% between 2024 and 2032. The market is being driven by the surge in construction activities, rapid urbanisation, and increasing availability of a variety of power tools.
A power tool refers to a tool that is powered by an external source, such as electric or pneumatic, instead of hand tools that require manual force. Various types of power tools are available in different power capacities so as to be able to carry out tasks such as drilling, fastening, sawing, cutting, demolition or material removal.
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Based on the mode of operation, the market is divided into electric, and pneumatic, among others, with electric sub-divided by type into corded and cordless. By tool type, the market is segmented into drilling and fastening tools, material removal tools, sawing and cutting tools, and demolition tools, among others. On the basis of application, the market is bifurcated into industrial and residential. The regional markets for power tools in Mexico are Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
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The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model, along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the Mexico power tools market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Industrial applications account for a sizable share of the Mexico power tools market, driven by their usage in several sectors, including the logistics, aerospace, construction, and automotive. Power tools are being used in a variety of industrial settings due to the increasing capacity of power tools for working more quickly and effectively. Depending upon specific end-use, power tools can be adapted or connected with other tools to enhance overall processes. Due to their reliability and low cost, power tools are increasing in appeal for various industrial applications.
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Robert Bosch Tool Corporation, established in 1886 and headquartered in Illinois in the United States, creates, produces, and markets power tools, rotary tools, and accessories. Bosch tools are offered through tool specialists, mass merchants, hardware stores, and home improvement centres.
Stanley Black & Decker, Inc., founded in 1843 and based in Connecticut in the United States, produces, markets, and distributes hand tools, power tools, and associated accessories. The company also offers services for video surveillance, systems integration, fire alarm monitoring, alarm monitoring, and system maintenance.
Other market players include Koki Holdings Co. Ltd., Hilti Corporation, Makita Corporation, Techtronic Industries Co. Ltd., Apex Tool Group, LLC., and JPW Industries, Inc., among others.
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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| Breakup by Mode of Operation |
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| Breakup by Tool Type |
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| Breakup by Application |
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| Breakup by Region |
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| Market Dynamics |
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| Competitive Landscape |
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| Companies Covered |
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The market is projected to grow at a CAGR of 5.10% between 2024 and 2032.
The major drivers of the market include the rapid expansion of the construction industry, increasing applications of power tools in industrial and residential sectors, and rapid urbanisation.
The technological advancements, integration with IoT Technologies, surge in popularity of the Do-it-Yourself (DIY) techniques, and increasing availability of specialised power tools, are the key trends propelling the growth of the market.
The major regional markets for power tools in Mexico, according to the report, are Baja California, Northern Mexico, The Bajío, Central Mexico, Pacific Coast, and Yucatan Peninsula.
The significant applications of power tools in the market are industrial and residential.
The various tool types in the market for power tools are drilling and fastening tools, material removal tools, sawing and cutting tools, and demolition tools, among others.
The primary modes of operation of power tools are electric, and pneumatic, among others.
The major players in the Mexico power tools market, according to the report, are Robert Bosch Tool Corporation, Stanley Black & Decker, Inc., Koki Holdings Co. Ltd., Hilti Corporation, Makita Corporation, Techtronic Industries Co. Ltd., Apex Tool Group, LLC., and JPW Industries, Inc., among others.
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Vietnam
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61 448 06 17 27
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63 287899028, +63 967 048 3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84865399124
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