Power Tools Market To Grow Substantially At A CAGR Of 7.20% From 2022 To 2030

According to Custom Market Insights (CMI), the global Power Tools Market share was estimated at USD 31.78 billion in 2023 and is anticipated to reach around USD 54.39 billion by 2030, recording a CAGR of roughly 7.2% between 2023 and 2030.

As per the CMI Intelligence team, the power tools market in North America held a considerable revenue share of 24.56% in 2022. The market growth in the region is being driven by the increasing demand for power tools in the construction and industrial sectors, owing to the growing infrastructure development and industrial development in the region.

Browse the full “Power Tools Market Size, Trends and Insights By Product (Drills, Saws, Wrenches, Grinders, Sanders, Others), By Mode Of Operation (Electric, Pneumatic, Others), By Application (Industrial, Residential), and By Region – Global Industry Overview, Statistical Data, Competitive Analysis, Share, Outlook, and Forecast 2023–2030” report at https://www.custommarketinsigh....ts.com/report/power-