The global power tool accessories market is projected to rise by USD 6.9 billion by 2028, according to a new report by Gen Consulting Company. It is anticipated to expand at a CAGR of 6.5 percent during the forecast period.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global power tool accessories market. It traces the market’s historic and forecast market growth. The report identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches. This study also provides an analysis of the impact of the COVID-19 crisis on the power tool accessories industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, end user, and region. The global market for power tool accessories can be segmented by type: drill bits, batteries, screwdriver bits, circular saw blades, jigsaw blades, band saw blades, reciprocating saw blades, others. The drill bits segment was the largest contributor to the global power tool accessories market in 2021. Power tool accessories market is further segmented by end user: industrial, commercial, residential, others. According to the research, the industrial segment had the largest share in the global power tool accessories market. Based on region, the power tool accessories market is segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific held the largest revenue share in 2021.

The industrial market is further segmented into automotive, aerospace, electronics, energy, construction, shipbuilding, others. The energy segment is estimated to account for the largest share of the global power tool accessories market.

Market Segmentation
By type: drill bits, batteries, screwdriver bits, circular saw blades, jigsaw blades, band saw blades, reciprocating saw blades, others
By end user: industrial, commercial, residential, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report explores the recent developments and profiles of key vendors in the Global Power Tool Accessories Market, including Hilti Corporation, Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker, Inc., The Milwaukee Electric Tool Corporation, TTI, Inc., among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global power tool accessories market.
– To classify and forecast the global power tool accessories market based on type, end user, region.
– To identify drivers and challenges for the global power tool accessories market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global power tool accessories market.
– To identify and analyze the profile of leading players operating in the global power tool accessories market.

Why Choose This Report
– Gain a reliable outlook of the global power tool accessories market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.