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As per a new study by Transparency Market Research (TMR), the  global power tools market  exhibits a highly concentrated vendor landscape. The leading four players in the market, comprising Makita Corporation, Robert Bosch GmbH, Stanley Black and Decker Inc., and Hilti, held a share of around 70% in 2014. Of these, Robert Bosch GmbH emerged dominant accounting for just short of 30% of the market in 2014.  These companies are currently focusing on product innovation as the primary growth strategy. Among the various application segments, the leading companies have been capitalizing on opportunities exhibited by the construction industry. Besides this, the automotive industry has also been exhibiting lucrative prospects for the enterprises operating in the market. Infrastructural Development in India and China to Create Bevy of Opportunities As per a TMR analyst, “The need for urbanization is a primary factor driving the global power tools market.” “The rapid dev...

As per a new study by Transparency Market Research (TMR), the global power tools market exhibits a highly concentrated vendor landscape. The leading four players in the market, comprising Makita Corporation, Robert Bosch GmbH, Stanley Black and Decker Inc., and Hilti, held a share of around 70% in 2014. Of these, Robert Bosch GmbH emerged dominant accounting for just short of 30% of the market in 2014. These companies are currently focusing on product innovation as the primary growth strategy. Among the various application segments, the leading companies have been capitalizing on opportunities exhibited by the construction industry. Besides this, the automotive industry has also been exhibiting lucrative prospects for the enterprises operating in the market. Obtain Report Details @ https://www.transparencymarketresearch.com/power-tools-market.html As per a TMR analyst, “The need for urbanization is a primary factor driving the global power tools market.” “The rapi...