India Power Tool Accessories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

India Power Tool Accessories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Report Format: PDF+Excel | Report ID: SR112023A4646
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Market Overview:

The India power tool accessories market is expected to exhibit a CAGR of 9.6% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.

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.

 

 
 

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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 2022-2027. 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:

 

 
 

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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 2021
Historical Period 2016-2021
Forecast Period 2022-2027
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$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
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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India Power Tool Accessories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027
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