Germany Power Tools Market Size & Outlook, 2022-2030
Germany power tools market, 2018-2030 (US$M)
Related Markets
Germany power tools market highlights
- The Germany power tools market generated a revenue of USD 1,633.6 million in 2022 and is expected to reach USD 3,460.6 million by 2030.
- The Germany market is expected to grow at a CAGR of 9.8% from 2023 to 2030.
- In terms of segment, drills was the largest revenue generating product in 2022.
- Drills is the most lucrative product segment registering the fastest growth during the forecast period.
Power tools market data book summary
| Market revenue in 2022 | USD 1,633.6 million |
| Market revenue in 2030 | USD 3,460.6 million |
| Growth rate | 9.8% (CAGR from 2022 to 2030) |
| Largest segment | Drills |
| Fastest growing segment | Drills |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drills, Saws, Wrenches, Grinders, Sanders |
| Key market players worldwide | Emerson Electric Co, Ingersoll Rand Inc, Hitachi Ltd, Makita Corp, Robert Bosch Engineering & Business Solutions, Stanley Black & Decker, Techtronic Industries Co Ltd |
Other key industry trends
- In terms of revenue, Germany accounted for 5.3% of the global power tools market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany power tools market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 3,460.6 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Power Tools Market Scope
Power Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Germany power tools market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to power tools market will help companies and investors design strategic landscapes.
Drills was the largest segment with a revenue share of 33.31% in 2022. Horizon Databook has segmented the Germany power tools market based on drills, saws, wrenches, grinders, sanders covering the revenue growth of each sub-segment from 2018 to 2030.
Reasons to subscribe to Germany power tools market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Germany power tools market databook
-
Our clientele includes a mix of power tools market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Germany power tools market , including forecasts for subscribers. This country databook contains high-level insights into Germany power tools market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Germany power tools market size, by product, 2018-2030 (US$M)
Germany Power Tools Market Outlook Share, 2022 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
