Short Description
Saudi Arabia Power Tools Market, By Type (Drilling and Fastening Tools, Chisels, Saw and Saw Blades, Demolition Tools, Material Removal Tools, and Others), Mode of Operation (Pneumatic, Hydraulic, Liquid Fuel Tool, Electric, and Powder-Actuated Tool), Operated (Electricity Operated, and Battery Operated), Application (Woodworking, Concrete and Construction, Metalworking, Welding, and Others), Material (Wood/Metal, Brick/Block, Concrete, Glass, and Others), Sales Channel/Distribution (Online and Offline), End-User (Residential, and Industrial/Professional) Industry Trends and Forecast to 2029
Market Definition
Power tools can be defined as tools that require additional power sources to run their mechanism, and they consist of a motor to power their operation. These motors can be driven by fuel through electric power, compressed air, or internal combustion. These power tools are used for various operations such as drilling, demolition, cutting and sawing, material removal, polishing, and others. These operations require various tools such as drills, hammers, jigsaws, and sanders. These power tools are being used for industrial and residential purposes to ease the users' work. They provide better accuracy, ease of working, and higher productivity. The work gets simpler and faster when working with power tools. These tools are majorly used in the construction and automobile industry for concrete, wood, and metalwork. The production capacities of these industries are enhanced with power tools. Power tools are compact in size and can be easily transported. The cordless power tools running on batteries have made the working more flexible.
Market Segmentation
The Saudi Arabia power tools market is segmented into seven notable segments based on type, mode of operation, operated, application, material sales channel/distribution, and end-user.
On the basis of type, the Saudi Arabia power tools market is segmented into drilling and fastening tools, chisels, saw and saw blades, demolition tools, material removal tools, and others
On the basis of mode of operation, the Saudi Arabia power tools market is segmented into pneumatic, hydraulic, liquid fuel tool, electric, and powder-actuated tool
On the basis of operated, Saudi Arabia power tools market is segmented into electricity operated, and battery operated
On the basis of application, the Saudi Arabia power tools market is segmented into woodworking, concrete and construction, metalworking, welding, and others
On the basis of material, the Saudi Arabia power tools market is segmented into wood/metal, brick/block, concrete, glass, and others
On the basis of sales channel/distribution, the Saudi Arabia power tools market is segmented into online and offline
On the basis of end-user, the Saudi Arabia power tools market is segmented into residential, and industrial/professional
Market Players
Some of the major players operating in the Saudi Arabia power tools market are:
Stanley Black & Decker, Inc.
Makita Corporation
Hilti Corporation
Robert Bosch GmbH
TOKU PNEUMATIC CO., LTD.
3M
Chicago Pneumatic
Panasonic Corporation
Techtronic Industries Co., Ltd.
Atlas Copco AB
metabo
Koki Holdings Co., Ltd.
TABLE OF CONTENTS
1 INTRODUCTION 11
1.1 OBJECTIVES OF THE STUDY 11
1.2 MARKET DEFINITION 11
1.3 OVERVIEW OF SAUDI ARABIA POWER TOOLS MARKET 11
1.4 LIMITATIONS 13
1.5 MARKETS COVERED 13
2 MARKET SEGMENTATION 16
2.1 MARKETS COVERED 16
2.2 GEOGRAPHICAL SCOPE 17
2.3 YEARS CONSIDERED FOR THE STUDY 17
2.4 CURRENCY AND PRICING 17
2.5 DBMR TRIPOD DATA VALIDATION MODEL 18
2.6 MULTIVARIATE MODELLING 21
2.7 TYPE TIMELINE CURVE 21
2.8 MARKET APPLICATION COVERAGE GRID 22
2.9 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 23
2.10 DBMR MARKET POSITION GRID 24
2.11 SECONDARY SOURCES 26
2.12 ASSUMPTIONS 26
3 EXECUTIVE SUMMARY 27
4 PREMIUM INSIGHTS 30
4.1 MACROECONOMIC FACTORS AFFECTING THE MARKET AND ITS POTENTIAL 31
4.2 IN-DEPTH PRICING ANALYSIS 32
4.3 COST STRUCTURE 32
4.4 ANALYSIS OF SUPPLY & DEMAND 33
4.5 ANALYSIS OF MARKET STRUCTURE 34
5 REGIONAL SUMMARY: SAUDI ARABIA POWER TOOLS MARKET 35
6 MARKET OVERVIEW 36
6.1 DRIVERS 38
6.1.1 INCREASE IN THE GROWTH OF CORDLESS POWER TOOLS 38
6.1.2 INTEGRATION OF BRUSHLESS MOTORS IN POWER TOOLS 38
6.1.3 INCREASING INFRASTRUCTURE PROJECTS IN SAUDI ARABIA 39
6.1.4 BETTER OFFERING THAN HAND TOOLS 40
6.1.5 EXPANSION OF THE MOTOR VEHICLE MAINTENANCE MARKET AS VEHICLE OWNERSHIP RATE INCREASES 40
6.2 RESTRAINTS 41
6.2.1 HIGH MAINTENANCE OF POWER TOOLS 41
6.2.2 FLUCTUATION IN THE PRICES OF RAW MATERIALS 42
6.2.3 LIMITATIONS INVOLVED IN LI-ION BATTERY USGAE FOR CORDLESS POWER TOOLS 42
6.3 OPPORTUNITIES 43
6.3.1 GROWTH IN THE WIND ENERGY INDUSTRY AND OTHER RENEWABLE ENERGY INDUSTRIES AIDING THE POWER TOOLS 43
6.3.2 SMART CONNECTIVITY IN POWER TOOLS 43
6.3.3 TECHNOLOGICAL INNOVATIONS IN INDUSTRY 4.0 44
6.3.4 POWER TOOLS BEING MADE AVAILABLE ON E-COMMERCE PLATFORM 44
6.4 CHALLENGES 45
6.4.1 DESIGNING ERGONOMIC AND LIGHTWEIGHT POWER TOOLS 45
6.4.2 REGULATORY COMPLIANCE AND POWER TOOL SAFETY 46
7 IMPACT ANALYSIS OF COVID-19 ON SAUDI ARABIA POWER TOOLS MARKET 47
7.1 AFTERMATH OF COVID-19 AND GOVERNMENT INITIATIVE TO BOOST THE MARKET 47
7.2 STRATEGIC DECISIONS FOR MANUFACTURERS AFTER COVID-19 TO GAIN COMPETITIVE MARKET SHARE 47
7.3 IMPACT ON PRICE 48
7.4 IMPACT ON DEMAND 48
7.5 IMPACT ON SUPPLY CHAIN 48
7.6 CONCLUSION 48
8 SAUDI ARABIA POWER TOOLS MARKET, BY TYPE 49
8.1 OVERVIEW 50
8.2 SAW AND SAW BLADES 51
8.2.1 CIRCULAR SAW & SAW BLADES 52
8.2.2 JIGSAWS 52
8.2.3 MULTI-TOOL SAWS 52
8.2.4 HOLE SAWS 52
8.2.5 RECIP SAWS 53
8.2.6 OTHERS 53
8.3 DRILLING AND FASTENING TOOLS 53
8.3.1 DRILLS 54
8.3.2 SCREWDRIVERS AND NUTRUNNERS 54
8.3.3 IMPACT WRENCHES 54
8.3.4 IMPACT DRIVERS 54
8.4 DEMOLITION TOOLS 54
8.4.1 DEMOLITION HAMMER 55
8.4.2 HAMMER DRILL 55
8.4.3 BREAKER 55
8.4.4 ROTARY HAMMER 55
8.4.5 OTHERS 55
8.5 MATERIAL REMOVAL TOOLS 56
8.5.1 GRINDERS AND CUTTERS 57
8.5.1.1 BONDED GRINDER 57
8.5.1.2 DIAMOND GRINDER 57
8.5.1.3 BONDED CUTTER 57
8.5.1.4 DIAMOND CUTTER 57
8.5.1.5 BRUSHES FOR ANGLE GRINDER 57
8.5.2 SANDERS 57
8.5.2.1 METAL SANDERS 58
8.5.2.2 WOOD SANDERS 58
8.5.2.3 COMPOSITE SANDERS 58
8.5.3 POLISHERS/BUFFERS 58
8.6 MECHANIC TOOLS 58
8.7 CHISELS 59
8.8 OTHERS 59
9 SAUDI ARABIA POWER TOOLS MARKET, BY MODE OF OPERATION 60
9.1 OVERVIEW 61
9.2 ELECTRIC 62
9.2.1 CORDED TOOL 63
9.2.2 CORDLESS TOOL 63
9.3 LIQUID FUEL TOOL 63
9.4 HYDRAULIC 63
9.5 PNEUMATIC 63
9.6 POWDER-ACTUATED TOOLS 64
10 SAUDI ARABIA POWER TOOLS MARKET, BY OPERATED 65
10.1 OVERVIEW 66
10.2 ELECTRICITY OPERATED 67
10.3 BATTERY OPERATED 67
10.3.1 12 VOLT TO 18 VOLT 68
10.3.2 MORE THAN 18 VOLT 68
10.3.3 LESS THAN 12 VOLT 68
11 SAUDI ARABIA POWER TOOLS MARKET, BY APPLICATION 69
11.1 OVERVIEW 70
11.2 CONCRETE AND CONSTRUCTION 71
11.3 WOODWORKING 71
11.4 METALWORKING 72
11.5 WELDING 72
11.6 OTHERS 72
12 SAUDI ARABIA POWER TOOLS MARKET, BY MATERIAL 73
12.1 OVERVIEW 74
12.2 CONCRETE 75
12.3 WOOD/METAL 75
12.4 BRICK/BLOCK 76
12.5 GLASS 76
12.6 OTHERS 76
13 SAUDI ARABIA POWER TOOLS MARKET, BY SALES CHANNEL/DISTRIBUTION 77
13.1 OVERVIEW 78
13.2 OFFLINE 79
13.3 ONLINE 79
14 SAUDI ARABIA POWER TOOLS MARKET, BY END USER 80
14.1 OVERVIEW 81
14.2 INDUSTRIAL/PROFESSIONAL 82
14.2.1 BY TYPE 83
14.2.1.1 SAW AND SAW BLADES 83
14.2.1.2 DRILLING AND FASTENING TOOLS 83
14.2.1.3 DEMOLITION TOOLS 83
14.2.1.4 MATERIAL REMOVAL TOOLS 83
14.2.1.5 MECHANIC TOOLS 83
14.2.1.6 CHISELS 83
14.2.1.7 OTHERS 84
14.2.2 BY INDUSTRY TYPE 84
14.2.2.1 CONSTRUCTION 84
14.2.2.2 MANUFACTURING 84
14.2.2.3 AUTOMOTIVE 84
14.2.2.4 AEROSPACE 84
14.2.2.5 SHIPBUILDING 84
14.2.2.6 ENERGY 85
14.2.2.7 WOOD WORKING AND ART 85
14.2.2.8 CHEMICAL 85
14.2.2.9 OTHERS 85
14.3 RESIDENTIAL 85
14.3.1 SAW AND SAW BLADES 86
14.3.2 DRILLING AND FASTENING TOOLS 86
14.3.3 DEMOLITION TOOLS 86
14.3.4 MATERIAL REMOVAL TOOLS 86
14.3.5 MECHANIC TOOLS 86
14.3.6 CHISELS 86
14.3.7 OTHERS 86
15 SAUDI ARABIA POWER TOOLS MARKET, COMPANY LANDSCAPE 87
15.1 COMPANY SHARE ANALYSIS: SAUDI ARABIA 87
16 SWOT ANALYSIS 88
17 COMPANY PROFILE 89
17.1 ROBERT BOSCH GMBH 89
17.1.1 COMPANY SNAPSHOT 89
17.1.2 REVENUE ANALYSIS 89
17.1.3 PRODUCT PORTFOLIO 90
17.1.4 RECENT DEVELOPMENTS 92
17.2 MAKITA CORPORATION 94
17.2.1 COMPANY SNAPSHOT 94
17.2.2 REVENUE ANALYSIS 95
17.2.3 PRODUCT PORTFOLIO 95
17.2.4 RECENT DEVELOPMENTS 96
17.3 STANLEY BLACK & DECKER, INC. 98
17.3.1 COMPANY SNAPSHOT 98
17.3.2 REVENUE ANALYSIS 98
17.3.3 PRODUCT PORTFOLIO 99
17.3.4 RECENT DEVELOPMENTS 110
17.4 TECHTRONIC INDUSTRIES CO. LTD. 112
17.4.1 COMPANY SNAPSHOT 112
17.4.2 REVENUE ANALYSIS 112
17.4.3 PRODUCT PORTFOLIO 113
17.4.4 RECENT DEVELOPMENTS 119
17.5 HILTI CORPORATION 121
17.5.1 COMPANY SNAPSHOT 121
17.5.2 PRODUCT PORTFOLIO 121
17.5.3 RECENT DEVELOPMENTS 127
17.6 3M 128
17.6.1 COMPANY SNAPSHOT 128
17.6.2 REVENUE ANALYSIS 128
17.6.3 PRODUCT PORTFOLIO 129
17.6.4 RECENT DEVELOPMENTS 129
17.7 ATLAS COPCO AB 131
17.7.1 COMPANY SNAPSHOT 131
17.7.2 REVENUE ANALYSIS 131
17.7.3 PRODUCT PORTFOLIO 132
17.7.4 RECENT DEVELOPMENTS 135
17.8 CHICAGO PNEUMATIC 136
17.8.1 COMPANY SNAPSHOT 136
17.8.2 PRODUCT PORTFOLIO 136
17.8.3 RECENT DEVELOPMENTS 138
17.9 KOKI HOLDINGS CO., LTD. 140
17.9.1 COMPANY SNAPSHOT 140
17.9.2 PRODUCT PORTFOLIO 140
17.9.3 RECENT DEVELOPMENTS 142
17.10 METABO 143
17.10.1 COMPANY SNAPSHOT 143
17.10.2 PRODUCT PORTFOLIO 143
17.10.3 RECENT DEVELOPMENTS 144
17.11 PANASONIC CORPORATION 146
17.11.1 COMPANY SNAPSHOT 146
17.11.2 REVENUE ANALYSIS 146
17.11.3 PRODUCT PORTFOLIO 147
17.11.4 RECENT DEVELOPMENTS 147
17.12 TOKU PNEUMATIC CO., LTD. 149
17.12.1 COMPANY SNAPSHOT 149
17.12.2 PRODUCT PORTFOLIO 149
17.12.3 RECENT DEVELOPMENTS 151
18 QUESTIONNAIRE 153
19 RELATED REPORTS 156