India Power Tool Accessories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast By 2021-2026

According to IMARC Group’s latest report, titled “India Power Tool Accessories Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026.’ the India power tool accessories market reached a value of US$ XX Million in 2020. Power tool accessories include additional fittings utilized in numerous energy-driven, pneumatic and electric power devices. Some commonly used power tool accessories are drills, router bits, screwdrivers, saw blades, abrasive wheels, chippers, and threading products. They enhance performance, improve efficiency, and provide superior durability and strength to power tools. These accessories also help simplify repetitive tasks and reduce the chances of human errors and injuries.   

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.’

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The India power tool accessories market is primarily driven by their growing usage during construction to perform strenuous manual activities, such as drilling, grinding and cutting hard materials. Additionally, various projects undertaken by the Government of India for developing residential and shopping complexes, healthcare facilities, schools and industrial infrastructure have bolstered the market growth. Furthermore, the increasing residential and commercial construction activities due to rapid urbanization, rising population and elevating incomes have catalyzed the product demand. Other factors, including several product innovations and emerging applications across the automotive and aerospace industries, are also anticipated to drive the market further. Looking forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021-2026.

Key Market Segmentation:

Breakup by Type:

• Drill Bits
• Screwdriver Bits
• Router Bits
• Circular Saw Blades
• Jig Saw Blades
• Band Saw Blades
• Abrasive Wheels
• Reciprocating Saw Blades
• Others

Breakup by Application:

• Milter Saw
• Drill Machine
• Reciprocating Saw
• Hole Saw
• Others

Breakup by End-Use Sector:

• Industrial
  • Automotive
  • Construction
  • Aerospace and Defence
  • Energy
  • Marine
  • Others
• Residential

Breakup by Region:

• North India
• West and Central India
• South India
• East India

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Key highlights of the report:                                                           

• Market Performance (2015-2020)
• Market Outlook (2021-2026)
• Market Trends
• Market Drivers and Success Factors
• The Impact of COVID-19 on the Global Market
• Value Chain Analysis
• Structure of the Global Market
• Comprehensive mapping of the competitive landscape

If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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