United Arab Emirates (UAE) Power Tools Market Research Report, 2028

United Arab Emirates (UAE) Power Tools Market Research Report, 2028

Actual Market Research 30-01-2023 63 Pages Figures : 5 Tables : 14 Region : MEA Country : United Arab Emirates Category : Manufacturing & Industry Machinery, Parts & Equipment

Increasing construction projects, increased vehicle sales, and growing urbanisation boosted the UAE power tools market's overall growth. International events, particularly World Expo 2020 in Dubai, as well as UAE government development plans such as UAE Vision 2021 and Abu Dubai Vision 2030, would result in growth in the construction sector, particularly in the retail and hospitality sectors, indicating a positive demand for power tools in the UAE in the coming years. Because of its use in the industrial, manufacturing, and residential sectors, electric tools generated the majority of market revenue. Abu Dhabi Vision 2030 will have an impact on the construction market and will increase the power tools in the coming years. The UAE power tool market can be attributed to an expanding construction market as well as increased government spending on infrastructure development projects. According to the research report, “UAE Power Tools Market Research Report, 2028”published by Actual Market Research, the market is anticipated to add up to 0.05 Billion market size during the upcoming timeframe. During the forecast period, drilling and fastening tools are expected to account for the largest share of the power tools market by tool type. During the forecast period, the market for electric mode of operation tools is expected to grow at the fastest CAGR. Electric tools are plug-and-play, whereas cordless tools are simple to use, efficient, and convenient. End users prefer cordless tools over traditional tools due to their ergonomic benefits. The growing demand for lightweight, portable, flexible, and compact tools, as well as the growing DIY trend among homeowners, is driving the adoption of electric power tools for residential and DIY use. Material removal tools are expected to grow at a faster CAGR during the forecast period. These are end-effectors that are used to remove unwanted material from workpieces in order to achieve the desired shape. Sanders, polishers, buffers, air scalers, and grinders are examples of material removal tools used in industrial and residential applications. These tools are ergonomically designed for the users' comfort and safety. These tools are powered by either electricity or pneumatics. Cordless electric material removal tools are widely used in a variety of industrial applications, driving segment growth. Fine Emirates Hardwares, Fine Tools Trading LLC, GQ Power Tools, Abu Dhabi Hardware Co W.L.L, Dubai Tool, Vtools Musaffah Abu Dhabi, Power Tools Technical Equipment Trading, FK Tools, Apex Trading Company WLL, and many more are Power Tools stores in the United Arab Emirates. The Middle East power tools market will grow more in the forecast period by using construction activities and according to that expand the manufacturing and industrial sector for increasing the revenue. The Middle East using the power tools market try to maintain stabilities in politics and economics. The power tools market having different power tools such as technology type, application type, and based on country. The report is prepared on the basis of on-going trends and opportunities. In the Middle East to increase the expenditure of the power tools market the highest number of construction projects going to complete in the forecast period for the development of the country. The Middle East power tools market is anticipated to garner potential revenues in the coming years backed by a spur in the construction sector across the Middle Eastern countries especially Turkey, UAE, and Qatar. Also, significant growth in the automotive and manufacturing sector would propel market growth for the pneumatic power tools segment in the upcoming six years. An increase in the economic diversification plans along with government support policies would provide momentum for the growth of the construction industry in the developed countries across the Middle East region and would lead to an increased market value of the Middle East power tools market in the upcoming six years. As Middle East countries emphasize diversifying their economies, the demand for Power Tools markets remains strong in the region. The UAE, Saudi Arabia, and other countries offer strong prospects for companies marketing Power Tools in the region. In addition, a few African countries also present strong business prospects for Power Tools companies. The report analyses the Power Tools market types, applications, and countries in Middle East African region. Considered in this report • Geography: UAE • Historic year: 2017 • Base year: 2022 • Estimated year: 2023 • Forecast year: 2028 Aspects covered in this report • UAE Power Tools market with its value and forecast along with its segments • Various drivers and challenges • On-going trends and developments • Top profiled companies • Strategic recommendation By Tools Type: • Drilling and Fastening Tools • Demolition Tools • Sawing and Cutting Tools • Material Removal Tools • Routing Tools • Others By Mode of Operation: • Electric • Pneumatic • Others (Hydraulic) By Application Type: • Industrial • Residential The approach of the report: This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources. Intended audience This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Power Tools industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.

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