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  Summary -    A new market study, titled “  Global Power Tools (Electric & Pneumatic) Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)” has been featured on Wise Guy Reports. The global power tools market is estimated to reach US$57.4 billion in 2024, growing at a CAGR of 5.18% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, growing urban population, growing spending on construction and infrastructure projects, growing adoption of cordless power tools, growing automotive industry and rising remodeling and renovation projects are expected to drive the market. However, growth of the industry will be challenged by high maintenance cost of power tools and fluctuations in raw material prices. A few notable trends include advances in lithium batteries, growth of DIY activities and smart and connected power tools.   ALSO READ: https://www.abnewswire.com/pressreleases/global...

  Summary -     A new market study, titled “  Global Power Tools (Electric & Pneumatic) Market: Insights & Forecast with Potential Impact of COVID-19 (2020-2024)” has been featured on Wise Guy Reports.   The global power tools market is estimated to reach US$57.4 billion in 2024, growing at a CAGR of 5.18% for the period spanning from 2020 to 2024. The factors such as increasing per capita disposable income, growing urban population, growing spending on construction and infrastructure projects, growing adoption of cordless power tools, growing automotive industry and rising remodeling and renovation projects are expected to drive the market. However, growth of the industry will be challenged by high maintenance cost of power tools and fluctuations in raw material prices.   ALSO READ: https://www.newsmaker.com.au/news/379368/global-power-tools-market-2020-analysis-opportunities-and-forecast-to-2024#.X7_Vhs0zbIV   A few notable trends i...