-- The power tool batteries market report considers the new sales of batteries to power tools market and excludes the aftermarket. The latest trend gaining momentum in the market is Technological advances in power tool equipment. Many international and regional players exist in the market. The major market players upgrade the technology and register patents to increase the overall proficiency of power tools.
Browse Power Tool Batteries Market report with 29 Exhibits, Top 17 Companies Profile, Spread across 72 pages available @ http://www.rnrmarketresearch.com/global-power-tool-batteries-market-2017-2021-market-report.html .
According to the power tool batteries market report, one of the major drivers for this market is Increase in consumer use of power tools. Rise in urbanization and increase in the number of persons earning in one family have led to the upsurge in worldwide disposable income. This urbanization rise has led to the increasing number of people knowing about various consumer products and their benefits. Consumer spending is a substantial economic factor as it generally matches with the total consumer confidence in a nation’s economy. High consumer confidence indicators naturally relate to higher levels of consumer spending in the economic market.
Further, the power tool batteries market report states that one of the major factors hindering the growth of this market is High cost for cordless power tool equipment. Power tools are used for easy and efficient movement of goods. To increase operational convenience, power tools come with various capabilities and features. Also, increased usability, accurate controls, and foolproof technology eliminate the risks in mishandling high-speed power tools. However, these features and advanced technology come at a higher cost. This high cost of consumables, coupled with their high maintenance costs, has caused small-scale industries to sidestep from investing in efficient and effective power tools. In addition, high-quality, energy-efficient power tools are very expensive, making them unaffordable for small-scale industries.
Order a copy of Global Power Tool Batteries Market 2017-2021 report @ http://www.rnrmarketresearch.com/contacts/purchase?rname=1228586 .
The analysts forecast global power tool batteries market to grow at a CAGR of 8.12% during the period 2017-2021. Top players in the global power tool batteries market: A123 Systems, LG Chem, Panasonic Industrial Devices & Solutions, SAMSUNG SDI, and Sony. Other Prominent Vendors in the market are: 2-Power, AEG POWERTOOLS, Bosch, BYD Company, COSLIGHT, E-ONE MOLI ENERGY, GS Yuasa International, Hitachi Power Tools, Johnson Matthey Battery Systems, MatchBox Instruments, TianJin Lishen Battery, and Valence Technology.
List of Exhibits
Exhibit 01: Li-ion battery structure
Exhibit 02: Supply chain of power tools manufacturing
Exhibit 03: Market overview
Exhibit 04: Global power tool batteries market 2016-2021 ($ billions)
Exhibit 05: Five forces analysis
Exhibit 06: Global power tool batteries market by battery 2016 and 2021 (%)
Exhibit 07: Global power tool batteries market by battery 2016-2021 ($ billions)
Exhibit 08: Global power tool batteries market by Li-ion battery 2016-2021 ($ billions)
Exhibit 09: Li-ion battery major facts
Exhibit 10: Global power tool batteries market by nickel battery 2016-2021 ($ billions) and more..
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