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India Power Tool Accessories Market Report by Type (Drill Bits, Screwdriver Bits, Router Bits, Circular Saw Blades, Jig Saw Blades, Band Saw Blades, Abrasive Wheels, Reciprocating Saw Blades, and Others), Application (Milter Saw, Drill Machine, Reciprocating Saw, Hole Saw, and Others), End-Use Sector (Industrial, Residential), and Region 2024-2032
Report Format: PDF+Excel | Report ID: SR112024A4646
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Market Overview:
The India power tool accessories market size is expected to exhibit a growth rate (CAGR) of 8.57% during 2024-2032.
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Report Attribute
|
Key Statistics
|
|---|---|
|
Base Year
|
2023 |
|
Forecast Years
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2024-2032
|
|
Historical Years
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2018-2023
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| Market Growth Rate (2024-2032) | 8.57% |
Power tools are used in different industries for production, assembling, packaging, and maintenance purposes. They can be customized with accessories, such as clamps or small blades, depending on the requirement of users. These accessories increase efficiency, improve performance, and provide superior strength and durability to power tools. At present, several manufacturers in India are offering a vast range of accessories that enable power tools to operate in extreme conditions. They include drill presses, nibblers, planers, rebar and cable cutters, rotary hammers, routers, jackhammer, chipping hammers, chainsaw, grinder, impact wrench, and circular saw.
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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India Power Tool Accessories Market Trends:
Power tools are utilized during construction to perform strenuous manual work like drilling, grinding, and cutting hard materials. This, in confluence with the growing demand for constructing office spaces, hotels, retail, and entertainment units on account of rapid urbanization and increasing population, represents one of the key factors influencing the market positively in India. Additionally, the Government of India is undertaking numerous projects that focus on the construction of shopping complexes, real estate, schools, healthcare and industrial infrastructure, and water supply and sewage treatment systems. This is offering lucrative growth opportunities to market players operating in the country. Apart from this, power tool accessories are employed in the aerospace industry for surface coating and maintenance. This, along with the escalating demand for improving proficiency, operational efficiency, and profitability of the aircraft, is contributing to market growth. Furthermore, rising sales of passenger vehicles on account of inflating income levels is driving the application of power tool accessories in the automotive industry. Besides this, manufacturers operating in India are introducing compact and portable power tools, such as angle grinders, heat guns, and impact wrenches, for non-professional uses in home repair and maintenance work. These innovations are projected to impel the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the India power tool accessories market report, along with forecasts at the country and regional level from 2024-2032. Our report has categorized the market based on type, application and end-use sector.
Breakup by Type:
- Drill Bits
- Screwdriver Bits
- Router Bits
- Circular Saw Blades
- Jig Saw Blades
- Band Saw Blades
- Abrasive Wheels
- Reciprocating Saw Blades
- Others
Breakup by Application:
Note: Information in the above chart consists of dummy data and is only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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- Milter Saw
- Drill Machine
- Reciprocating Saw
- Hole Saw
- Others
Breakup by End-Use Sector:
- Industrial
- Automotive
- Construction
- Aerospace and Defense
- Energy
- Marine
- Others
- Residential
Breakup by Region:
- North India
- West and Central India
- South India
- East India
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
Report Coverage:
| Report Features | Details |
|---|---|
| Base Year of the Analysis | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Units | US$ Million |
| Segment Coverage | Type, Application, End-Use Sector, Region |
| Region Covered | North India, West and Central India, South India, East India |
| Customization Scope | 10% Free Customization |
| Report Price and Purchase Option | Single User License: US$ 2699 Five User License: US$ 3699 Corporate License: US$ 4699 |
| Post-Sale Analyst Support | 10-12 Weeks |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the India power tool accessories market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the India power tool accessories market?
- What are the key regional markets?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the end-use sector?
- What are the key driving factors and challenges in the industry?
- What is the structure of the India power tool accessories market and who are the key players?
- What is the degree of competition in the industry?
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