India Power Tool Accessories Market Future Trends and Forecast 2026

edwardebreen15 June 20, 2022

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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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India Power Tool Accessories Market Trends/Drivers:

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

Region:

North India
West and Central India
South India
East India

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Key highlights of the report:

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.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

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.