According to IMARC Group’s latest report, titled “India Power Tool Accessories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.’ the India power tool accessories market is expected to exhibit a growth rate (CAGR) of 9.3% during 2023-2028.
Power tool accessories include additional fittings utilized in numerous energy-driven, pneumatic and electric power devices. Some commonly used power tool accessories are drills, router bits, screwdrivers, saw blades, abrasive wheels, chippers, and threading products. They enhance performance, improve efficiency, and provide superior durability and strength to power tools. These accessories also help simplify repetitive tasks and reduce the chances of human errors and injuries.
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India Power Tool Accessories Market Trends:
The India power tool accessories market is primarily driven by their growing usage during construction to perform strenuous manual activities, such as drilling, grinding and cutting hard materials. Additionally, various projects undertaken by the Government of India for developing residential and shopping complexes, healthcare facilities, schools and industrial infrastructure have bolstered the market growth. Furthermore, the increasing residential and commercial construction activities due to rapid urbanization, rising population and elevating incomes have catalyzed the product demand. Other factors, including several product innovations and emerging applications across the automotive and aerospace industries, are also anticipated to drive the market further.
India Power Tool Accessories Market 2023-2028 Competitive Analysis and Segmentation:
Competitive Landscape With Key Players:
The competitive landscape of the India power tool accessories market has been studied in the report with the detailed profiles of the key players operating in the market.
Key Market Segmentation:
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:
- Milter Saw
- Drill Machine
- Reciprocating Saw
- Hole Saw
- Others
Breakup by End-Use Sector:
- Industrial
- Automotive
- Construction
- Aerospace and Defence
- Energy
- Marine
- Others
- Residential
Breakup by Region:
- North India
- West and Central India
- South India
- East India
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Key Highlights of the Report:
- Market Performance (2017-2022)
- Market Outlook (2023-2028)
- Market Trends
- Market Drivers and Success Factors
- The Impact of COVID-19 on the Global Market
- Value Chain Analysis
- Structure of the Global Market
- Comprehensive mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
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Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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