Middle East & Africa Power Tools Market Size & Outlook
Related Markets
MEA power tools market highlights
- The MEA power tools market generated a revenue of USD 2,367.0 million in 2022.
- The market is expected to grow at a CAGR of 4.6% 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.
MEA data book summary
| Market revenue in 2022 | USD 2,367.0 million |
| Market revenue in 2030 | USD 3,404.2 million |
| Growth rate | 4.6% (CAGR from 2022 to 2030) |
| Largest segment | Drills |
| Fastest growing segment | Drills |
| Historical data covered | 2018 - 2021 |
| Base year for estimation | 2022 |
| Forecast period covered | 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, MEA region accounted for 7.6% of the global power tools market in 2022.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 21,110.7 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 |
|---|---|---|---|---|
| Techtronic Industries Co Ltd | View profile | 47224 | 51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, Hong Kong, Hong Kong | https://www.ttigroup.com |
| Makita Corp | View profile | 20843 | 3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, Japan, 446-8502 | http://www.makita.co.jp |
| Robert Bosch Engineering & Business Solutions | View profile | 10001+ | Bangalore, Karnataka, India, Asia | http://www.bosch-india-software.com |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| Stanley Black & Decker | View profile | 50500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | https://www.stanleyblackanddecker.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Hitachi Ltd | View profile | 322525 | 6-6, Marunouchi 1-chome, Chiyoda-ku, Tokyo, Japan, 100-8280 | http://www.hitachi.com |
Middle East & Africa 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 31.12% in 2024. Horizon Databook has segmented the Middle East & Africa 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 Middle East & Africa 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 Middle East & Africa 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 continent-level data and insights on the Middle East & Africa power tools market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa power tools market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Middle East & Africa Power Tools Market Outlook Share, 2024 & 2030 (US$M)
Related 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
