How the India Power Tools Market is Positioned?

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How the India Power Tools Market is Positioned?
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Power Tools is an import driven market in India.
The expansion of manufacturing industry, rising
number of infrastructure projects in the country,
increasing allocation of budget to the
construction sector by the government has given
the impetus to the power tools industry in India.
The power tools market has expanded in past few
years owing to the increase in the end users
such as metal and wood industrys prosperity and
also at the same time the changing lifestyle and
adoption of Do-It-Yourself products increasing
the demand of power tools.. The Market for Power
tools had witnessed a robust growth in past few
years. Power tools market had increased from INR
Million in FY2011 to INR Million in FY2016,
growing at a CAGR of during the period. The
Make in India initiative by the government has
fostered the manufacturing sector which had
attracted many companies to open their offices
and start operations in India. The massive growth
of E-commerce sector had majorly driven the
market of power tools. Additionally, increasing
cheap imports from China has also catalyzed the
growth of power tools market in India.
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• In India, the massive growth in construction
  sector, manufacturing sector, and e-commerce
  sector had majorly driven the market of power
  tools. The increase in demand for portable
  products had also surged the demand of cordless
  power tools in the residential sector of the
  country. Power tools have succeeded in changing
  the lifestyles of people especially in Tier 1
  cities due to incline in DIY activities. It has
  also helped in making manufacturing and
  construction activities easier through portable
  power tools. Power tools have not only increased
  the efficiency but also have effectively speeded
  processes thereby saving time and energy.
• The Competitive landscape of vendors is diverse,
  from international companies, to fast-growing
  domestic companies. Examples include Bosch,
  Makita, Hilti, Hitachi Koki, FEIN Power Tools and
  other organized players.
• The power tools market has been segmented on the
  basis of technology. The four major segments are
  Electric, Pneumatic, Hydraulic and
  Powder-Actuated Power tools. In India, majority
  of the end users have been using electric power
  tools since it is cheaper and finds application
  in various sectors. Additionally, most of the
  electric power tools manufactured by key players
  are available on online portals. The electric
  power tools had contributed to INR million In
  FY 2016. The number of companies manufacturing
  electric power tools is higher than any other
  kind of power tools.

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• The percentage share of electric power tools had
  increased from in FY2011 to in FY2016.
• The power tools market was also segmented based
  on demand from Tier 1, 2 and 3 cities in India.
  Tier 1 cities had dominated the power tools
  market in terms of revenue in FY2016. The vendor
  companies generated most of the revenues majorly
  from these cities owing to excellent distribution
  networks in these cities.
• Which Segments have
  Driven the Power Tools Market?
• Electric Power Tools
• Electric power tools were the most popularly used
  products out of all the types of power tools. The
  revenue from electric power tools was recorded to
  be around INR million in FY2011 which rose to
  INR million in FY2016. This rise was owing to
  the increase in PDI that led to an increase in
  users propensity to spend. Electric breakers
  generated maximum revenues in the electric power
  tools segment in FY2016 since they are expensive
  as compared to other electric power tools.
  Organized sector dominated the market of electric
  power tools in FY2016. Most of the power tools
  were sold through dealers rather than direct or
  online sales. Dealers contributed to INR
  million in FY 2016. The construction industry
  created of the revenues from electric tools in
  FY2016 followed by manufacturing industry and
  others. of the end users was non-residential
  in FY2016 followed by residential end users.

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• The gradual shift in purchasing pattern of
  electric power tools from physical stores to
  online portals had fueled the growth of electric
  power tools in the country.
• On the basis of type of product, electric power
  tools market can be segmented by Drills,
  Screwdrivers, Routers, Planers, Grinders, Saws
  and Breakers. Electric breakers contributed
  maximum to the revenues, around INR million in
  FY2016. Portable electric power tools
  contributed INR Million in FY2016 as compared
  to INR Million by stationary counterparts. By
  application, bulk of the demand was generated by
  the construction industry followed by the
  manufacturing industry and metal working
  industry. Non-residential users generated about
  of the revenues as compared to residential users.
  Dealers contributed for higher revenues than
  direct sales. Online sales generate the least
  revenue. The organized sector occupied a greater
  market share as compared to the unorganized
  sector in terms of revenue.
• Pneumatic Power Tools
• Pneumatic power tools were the second largest
  revenue generator in the power tools segment. Its
  market accounted for INR Million in FY2011
  which rose to INR Million in FY2016. A vast
  majority of the demand for pneumatic power tools
  was generated from the construction projects all
  across the country. Pneumatic hammers contributed
  the most in the revenue from in FY2016 since
  their cost of manufacturing was lesser than the
  others.

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• Organized sector dominated the market of
  pneumatic power tools in FY2016. Most of the
  power tools were sold through dealers rather than
  direct or online sales. Dealers contributed to
  INR million in FY 2016.
• The construction industry created of the
  revenues for pneumatic tools in FY2016 followed
  by manufacturing industry and others. of the
  end users was non-residential in FY2016 followed
  by residential end users. This was owing to large
  number of non-residential projects which
  attracted the utilization of pneumatic power
  tools in the country.
• On the basis of type of products, pneumatic power
  tools market can be segmented by buffers, nailing
  and stapling guns, buffers, riveting guns,
  nailing and stapling guns, sanders, wrenches and
  others. Stationary pneumatic power tools
  contributed INR Million in FY2016 as compared
  to INR Million by portable ones. By
  application, the largest revenue was generated by
  the construction industry followed by the
  manufacturing industry and metal working
  industry. Non-residential users generate more
  revenue than residential users. Dealers
  contributed for higher revenues than direct sales
  as majority of the companies focused on their
  operation which includes manufacturing the
  products rather than distributing it, which was
  mostly outsourced to the dealers. The organized
  sector held a higher market share than the
  unorganized sector owing to end users preference
  for branded and quality products.

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Hydraulic Power Tools Hydraulic power tools
market was about INR million in FY2011 which
inclined to INR million in FY2016. The
increase in imports from China was one of the
major reasons behind this increase. Demolition
hammer was the most popular tool in this segment
which was largely used in the construction
projects all across the country. Since the
demolition hammer find applications on concrete,
brick wall and masonry all of which form parts of
construction activities, the construction
industry created of the revenues from
pneumatic tools in FY2016 followed by
manufacturing industry and automobile sector.
Stationary products were preferred over portable
ones owing to higher power and torque generated
by them. Organized sector was responsible for
generating most of the demand for hydraulic power
tools in FY2016. Most of the power tools were
sold through dealers rather than direct sales
since most companies opted for indirect channels
of distribution. Dealers generated revenues worth
INR million in FY2016. of the end users was
non-residential in FY2016 owing to limited usage
of the demolition hammer in residential
sector. Stationary hydraulic power tools
contributed for INR million in FY2016 as
compared to INR million by portable ones. By
application, the largest revenue was generated by
the construction industry followed by the
manufacturing industry and automobile industry.
The organized sector contributes more than the
unorganized sector to the revenue of Hydraulic
power tools owing to high commercial usage of the
tool.
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• Powder Actuated Power Tools
• Powder-Actuated Power tools generated the least
  revenues in the power tools segment. The market
  was worth INR million in FY2011 which
  subsequently rose to INR million in FY2016.
  Powder-Actuated tools are fasteners used to join
  hard substances like metals. The only type of
  tool included in this segment is the nailing and
  fastening gun largely used in the construction
  projects all across the country. of the
  revenue was generated from stationary
  powder-actuated power tools in FY2016. This was
  because powder-actuated processes require high
  power which is usually not provided by portable
  devices. Powder-actuated tools relatively
  generated most revenue from unorganized players
  among all the four types of power tools. Dealers
  generated more revenue since they are preferred
  in cases of bulk sales and commercial end users
  were responsible for the bulk of the purchases.
  of the revenues in FY2016 was generated by
  construction industry followed by manufacturing
  industry and metal sector.
• Non-residential end users were far more than
  residential users owing to the hazardous nature
  of the product. Stationary powder-actuated power
  tools contributed to INR million in FY2016.
  Dealers contributed for higher revenue than
  direct sales owing to dealers providing a fair
  comparison among different brands of the same
  product. The organized sector contributed for
  maximum revenue as compared to unorganized
  sector. Powder-actuated tools relatively
  generated most revenue from unorganized players
  among all the four types of power tools.
•  

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How is the Competition Structured in India POWER
TOOLS Market? India Power Tools market is
dominated by few large multinationals. These
companies are offering wide variety of products
and excellent after sales services to the
customers. Bosch India was a leading player in
the industry in FY2016. The company was a
trusted brand name in the country and generated
revenues worth INR million in FY2016 in
overall Power Tools market in the country.
Stanley Black Decker was the second largest
player in India with the revenue generation of
INR million in power tools industry in the
country. The company has three brands under
Stanly Black Decker with plans to enhance
localization to 50 percent and set up
manufacturing plants in India. FEIN had a
relatively less market share with a revenue
generation of INR million since it manufactured
only electric power tools. Most key players
imported their products from China, Germany and
other countries while Bosch manufactures of
its products in India.
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• What are the Future Prospectes for India power
  tools market?
• India Power Tools Market is expected to increase
  from INR million in FY2017 to INR million in
  FY2021, growing at a CAGR of during the
  period. The market is anticipated to be driven by
  the FDI inflows of international companies to
  benefit from the Make in India initiative. The
  rise in number of smart cities such as in the
  future will also accelerate the demand of power
  tools in the construction industry.
• The increasing construction projects and
  manufacturing units of companies developing power
  tools in Tier 2 and 3 cities is due to increase
  the demand of power tools leading to increase in
  revenue. Innovations in design ( a shift from
  corded to cordless power tools), technology and
  quality will also trigger the demand power tools
  by various end users especially in the
  residential sector.
• Companies Covered in the Report
  List of Companies
•  
• Major Players
  Bosch India
• 
  Stanley BlackDecker
  India
• 
  Hitachi Koki
• 
  Hilti
• 
  Makita
• 
  FEIN Power Tools

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• Key Factors Considered in the Report
• Comprehensive analysis of the India Power Tools
  market and its segments
• Listed major players and their positioning in the
  market
• Identified major industry developments in last
  few years and assessed the future growth of the
  industry
• Decision making process by different sectors to
  select the Power Tools firm.
• To know more on the Power Tools Market in
  India, click on the following link
• https//www.kenresearch.com/energy-and-utilities/p
  ower/india-power-tools-market-statistics/46154-103
  .html
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Competition With New Players Entry Contact
UsKen ResearchAnkur Gupta, Head Marketing
CommunicationsAnkur_at_kenresearch.com91-901537824
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