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The power tools market size is forecast to increase by USD 16.84 billion, at a CAGR of 7.2% between 2023 and 2028. Market growth hinges on factors like the increase in global construction and infrastructure development, technological innovations driving replacement demand, and the rising demand for home improvement products. As construction activities expand worldwide, advancements in technology spur the need for upgrades, while consumer interest in enhancing living spaces drives demand for DIY home improvement products. These trends underscore the evolving landscape of the market and opportunities for industry stakeholders. The market has been undergoing rapid urbanization and infrastructure development, leading to increased construction activities.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
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