Global Market Insights Inc. Forecasts Cordless Power Tools Market to Surpass $20 Billion by 2032
Wednesday, 6 March 2024, 16:51
Cordless Power Tools Market Forecast
The cordless power tools market is on a trajectory to exceed the $20 billion mark by 2032, as revealed in a study by Global Market Insights Inc. Major industry players such as Apex Tool Group and Atlas Copco AB are at the forefront of this growth.
Market Participants
- Apex Tool Group
- Atlas Copco AB
- Makita Corporation
- Stanley Black & Decker
- And more
The rising demand for cordless power tools is a key factor propelling this market expansion. Companies like Stanley Black & Decker and Makita Corporation are focusing on technological innovations to cater to the increasing consumer requirements.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.