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POWER TOOLS MARKET ANALYSIS

Power Tools Market, By Tool Type (Drilling Solutions, Material Removal, Sawing, Wrenches, Other Solutions), By Mode of Operation (Electric (Corded, and Cordless), Pneumatic), By Application (Industrial, and DIY), By Region (North America, Latin America, Europe, Middle East, Africa, Asia Pacific)

Market News

Global Power Tools Market: Key Developments

In February 6, 2023 DEWALT, a Stanley Black & Decker, which is a jobsite solutions company, announced its new DEWALT 20V MAX* Compact Press Tool (DCE210) for plumbers, pipefitters, and HVACR technicians. The new press tool provides broad press versatility in a compact design that allows for trouble-free pressing in small spaces.

Key companies are focused on product launches, in order to expand the product portfolio. For instance, in January 2023, Bosch Power Tools India, a supplier of power tools for the construction, woodworking, and metalworking industry, introduced the GWS 800 Professional, adding to its robust line of angle grinders.

In October, 2022 BLACK+DECKER(R) launched reviva (TM) the Brand's First Sustainably Led Power Tool Line, which is designed for DIYers to complete an array of do-it-yourself (DIY) projects.

For instance, in December 2022, DEWALT, a Stanley Black & Decker (NYSE: SWK) a brand engaged in total jobsite solutions, today announced the highly-anticipated 60V MAX* Brushless 12 in. Double Bevel Sliding Miter Saw (DCS781) that tackles demanding applications with 20% more power.

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