Middle East And Africa Power Tools Market
Middle East and Africa Power Tools Market, By Product (Drills, Saws, Wrenches, Grinders, Sanders); By Mode of Operation (Electric, Pneumatic); By Application (Industrial, Residential); By Country (Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA), Trend Analysis, Competitive Landscape & Forecast, 2019–2030
- Published Date: December 2024
- Report ID: BWC24917
- Available Format: PDF
- Page: 276
Report Overview
An increasing number of construction and large infrastructure development projects, industrial growth, rising demand for cordless tools, technological advancements, and a focus on efficiency are expected to fuel the growth of Middle East and Africa Power Tools Market during the forecast period between 2024 and 2030.Middle East and Africa Power Tools Market – Industry Trends & Forecast Report, 2030
Middle East and Africa Power Tools Market size was estimated at USD 1.6 billion in 2023. During the forecast period between 2024 and 2030, the size of Middle East and Africa Power Tools Market is projected to grow at a CAGR of 4.28% reaching a value of USD 2.14 billion by 2030. Middle East and Africa Power Tools Market is driven by increasing industrialization, infrastructure development, and a growing demand for efficiency in construction and manufacturing. Rising urbanization, coupled with expanding automotive and aerospace sectors, fuels the demand for power tools. Technological advancements, such as the integration of smart features and cordless technologies, contribute to market growth. Also, a surge in do-it-yourself (DIY) activities and government initiatives supporting construction projects further stimulate the power tools market in the Middle East & Africa, fostering economic growth and job creation in the region.
Power Tools – Overview
Power tools are electric or pneumatic devices designed to perform tasks more efficiently than manual tools. They are widely used in construction, woodworking, and other industries for cutting, drilling, shaping, and fastening materials. Common power tools include electric drills, saws, sanders, and grinders, as well as pneumatic nail guns. These tools enhance productivity, accuracy, and speed in various applications, making them essential for DIY enthusiasts. Safety precautions, including proper training and protective gear, are crucial when using power tools to prevent accidents and ensure effective operation.
Middle East and Africa Power Tools Market
Growth Drivers
Rapid Urbanization and Industrialization
The growing industrialization and construction boom is a key driver of Middle East and Africa Power Tools Market. Rapid urbanization and infrastructure development in the region are fueling demand for power tools across construction and industrial sectors. As these economies continue to expand, there is an increased emphasis on efficiency and productivity, driving the adoption of advanced power tools. The construction boom, marked by large-scale projects, is creating a sustained demand for reliable and high-performance tools. This trend positions the Middle East and Africa Power Tools Market for substantial growth, as it becomes integral to the region's evolving industrial landscape.
Restraints
High Initial Cost
The high initial cost poses a significant restraint for the growth of Middle East and Africa Power Tools Market. As potential consumers consider adopting power tools, the substantial upfront investment required becomes a deterrent. The market faces challenges in convincing budget-conscious buyers to make this initial financial commitment. This barrier may particularly impact small businesses and individual users with limited capital resources, hindering the widespread adoption of power tools in the region. Manufacturers and stakeholders need to strategize effectively, possibly by offering financing options or emphasizing long-term cost savings, to mitigate the impact of the high initial cost and drive market penetration.
Impact of Escalating Geopolitical Tensions on Middle East and Africa Power Tools Market
Middle East and Africa Power Tools Market faces significant challenges due to intensifying geopolitical tensions in the Middle East and Russia-Ukraine war. Political, economic, and trade tensions significantly impact the growth of the power tools market. Uncertainties and instabilities in Middle East and Africa have led to disruptions in supply chains, affecting the production and distribution of power tools. Increased political risks have dampened investor confidence, hindering market growth and innovation. Also, rising commodity prices and trade restrictions have further exacerbated challenges for manufacturers. The Russia-Ukraine war, as a major geopolitical event, has intensified these impacts, causing fluctuations in currency values and increasing raw material costs. These multifaceted challenges collectively contribute to a volatile business environment for the Middle East and Africa power tools market, necessitating adaptive strategies for sustained
Middle East and Africa Power Tools Market
Segmental Coverage
Middle East and Africa Power Tools Market – By Product
Based on product, Middle East and Africa Power Tools Market is divided into Drills, Saws, Wrenches, Grinders, and Sanders segments. The drills segment is the largest, indicating a significant demand for drilling equipment in the region. The segment encompasses various types of drills designed for diverse applications, such as drilling into wood, metal, or masonry. The popularity of drills suggests a broad range of usage across industries and construction activities in the Middle East and Africa. This dominance may be attributed to the essential role that drilling plays in various applications, from basic household tasks to industrial and construction projects. The prevalence of drilling activities underscores the importance of this segment within the regional power tools market, reflecting the diverse needs of consumers and industries in the Middle East and Africa.
Middle East and Africa Power Tools Market – By Mode of Operation
By mode of operation, Middle East and Africa Power Tools Market is split into Electric and Pneumatic segments. Electric power tools, powered by electricity, have gained widespread popularity due to their versatility, ease of use, and increasing demand in various applications. This segment encompasses a diverse range of tools, including drills, saws, and grinders, contributing significantly to the overall market dominance. The preference for electric power tools is driven by advancements in technology, improved performance, and the growing emphasis on efficiency, making it the largest and dynamically evolving segment in the Middle East and Africa Power Tools Market.
Middle East and Africa Power Tools Market – By Application
Based on Application, Middle East and Africa Power Tools Market is bifurcated into Industrial and Residential segments. The industrial segment is a larger contributor to the growth of Middle East and Africa Power Tools Market by application. It reflects the significant demand for power tools in various industrial applications, including manufacturing, construction, and infrastructure development across the region. The emphasis on industrial activities contributes to the robust growth of power tool usage in this segment, highlighting its pivotal role in supporting diverse industrial operations. Meanwhile, the Residential segment represents a substantial market share as well, driven by the increasing adoption of power tools for various home improvement and DIY projects in the Middle East and Africa region.
Middle East and Africa Power Tools Market – By Country
Geographically, Middle East and Africa Power Tools Market is divided into Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, and Rest of MEA. Saudi Arabia and the UAE are significant segments, showcasing robust growth in the power tools sector. These countries are pivotal players in driving market expansion, driven by infrastructure development and industrial growth. The dynamic markets of Saudi Arabia and the UAE contribute substantially to the overall regional market, playing a pivotal role in shaping the Middle East and Africa Power Tools Market's trajectory and emphasizing the importance of these key segments in the industry's landscape.
Competitive Landscape
Major players in the Middle East and Africa Power Tools Market include Emerson Electric, Co., Hilti Corporation, Ingersoll-Rand PLC, Koki Holdings Co., Ltd., Makita Corporation, Robert Bosch, Stanley Black & Decker, and Techtronic Industries. To enhance their market share and expand their reach, these companies are also focusing on investing in innovations, collaborations, and expansions.
Scope of the Report
Attributes |
Details |
Years Considered |
Historical Data – 2019–2023 |
Base Year – 2023 |
|
Estimated Year – 2024 |
|
Forecast Period – 2024–2030 |
|
Facts Covered |
Revenue in USD Billion |
Market Coverage |
Saudi Arabia, UAE, Qatar, Kuwait, South Africa, Nigeria, Algeria, Rest of MEA |
Product/Service Segmentation |
Product, Mode of Operation, Application, Country |
Key Players |
Emerson Electric, Co., Hilti Corporation, Ingersoll-Rand PLC, Koki Holdings Co., Ltd., Makita Corporation, Robert Bosch, Stanley Black & Decker, Techtronic Industries |
By Product
-
Drills
-
Saws
-
Wrenches
-
Grinders
-
Sanders
By Mode of Operation
-
Electric
-
Pneumatic
By Application
-
Industrial
-
Residential
By Country
-
-
Saudi Arabia
-
UAE
-
Qatar
-
Kuwait
-
South Africa
-
Nigeria
-
Algeria
-
Rest of MEA
-
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Executive Summary
- Middle East and Africa Power Tools Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Growing industrialization and construction boom
- Increasing urbanization
- Restraints
- High initial cost
- Opportunities
- Advancement in battery technology
- Challenges
- Limited access to electricity
- Growth Drivers
- Technological Advancements/Recent Developments
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Middle East and Africa Power Tools Market Overview
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Product
- Drills
- Saws
- Wrenches
- Grinders
- Sanders
- Others
- By Mode of Operation
- Electric
- Pneumatic
- Others
- By Application
- Industrial
- Residential
- By Country
- Saudi Arabia
- UAE
- Qatar
- Kuwait
- South Africa
- Nigeria
- Algeria
- Rest of MEA
- By Product
- Market Size & Forecast, 2019–2030
- Saudi Arabia Power Tools Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Mode of Operation
- By Application
- Market Size & Forecast, 2019–2030
- UAE Power Tools Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Mode of Operation
- By Application
- Market Size & Forecast, 2019–2030
- Qatar Power Tools Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Mode of Operation
- By Application
- Market Size & Forecast, 2019–2030
- Kuwait Power Tools Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Mode of Operation
- By Application
- Market Size & Forecast, 2019–2030
- South Africa Power Tools Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Mode of Operation
- By Application
- Market Size & Forecast, 2019–2030
- Nigeria Power Tools Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Mode of Operation
- By Application
- Market Size & Forecast, 2019–2030
- Algeria Power Tools Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Mode of Operation
- By Application
- Market Size & Forecast, 2019–2030
- Rest of MEA Power Tools Market
- Market Size & Forecast, 2019–2030
- By Value (USD Million)
- Market Share & Forecast
- By Product
- By Mode of Operation
- By Application
- Market Size & Forecast, 2019–2030
- Competitive Landscape
- List of Key Players and Their Offerings
- Middle East and Africa Power Tools Company Market Share Analysis, 2023
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Developments (Mergers, Acquisitions, Partnerships)
- Impact of Escalating Geopolitical Tensions on Middle East and Africa Power Tools Market
- Company Profiles (Company Overview, Financial Matrix, Competitive Landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- Emerson Electric, Co.
- Hilti Corporation
- Ingersoll-Rand PLC
- Koki Holdings Co. Ltd
- Makita Corporation
- Robert Bosch
- Stanley Black & Decker
- Techtronic Industries
- Other Prominent Players
- Key Strategic Recommendations
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Country
- Assumptions & Limitations
- Qualitative Research
*Financial information of non-listed companies can be provided as per availability.
**The segmentation and the companies are subject to modifications based on in-depth secondary research for the final deliverable
List of Figures
Figure 1 Middle East and Africa Power Tools Segmentation
Figure 2 Middle East and Africa Power Tools Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2022
Figure 4 Middle East and Africa Power Tools Market Size, By Value (USD Million), 2019–2030
Figure 5 Middle East and Africa Power Tools Market Share, By Product, By Value, 2019–2030
Figure 6 Middle East and Africa Power Tools Market Share, By Mode of Operation, By Value, 2019–2030
Figure 7 Middle East and Africa Power Tools Market Share, By Application, By Value, 2019–2030
Figure 8 Middle East and Africa Power Tools Market Share, By Country, By Value, 2019–2030
Figure 9 Saudi Arabia Power Tools Market Size, By Value (USD Million), 2019–2030
Figure 10 Saudi Arabia Power Tools Market Share, By Product, By Value, 2019–2030
Figure 11 Saudi Arabia Power Tools Market Share, By Mode of Operation, By Value, 2019–2030
Figure 12 Saudi Arabia Power Tools Market Share, By Application, By Value, 2019–2030
Figure 13 UAE Power Tools Market Size, By Value (USD Million), 2019–2030
Figure 14 UAE Power Tools Market Share, By Product, By Value, 2019–2030
Figure 15 UAE Power Tools Market Share, By Mode of Operation, By Value, 2019–2030
Figure 16 UAE Power Tools Market Share, By Application, By Value, 2019–2030
Figure 17 Qatar Power Tools Market Size, By Value (USD Million), 2019–2030
Figure 18 Qatar Power Tools Market Share, By Product, By Value, 2019–2030
Figure 19 Qatar Power Tools Market Share, By Mode of Operation, By Value, 2019–2030
Figure 20 Qatar Power Tools Market Share, By Application, By Value, 2019–2030
Figure 21 Kuwait Power Tools Market Size, By Value (USD Million), 2019–2030
Figure 22 Kuwait Power Tools Market Share, By Product, By Value, 2019–2030
Figure 23 Kuwait Power Tools Market Share, By Mode of Operation, By Value, 2019–2030
Figure 24 Kuwait Power Tools Market Share, By Application, By Value, 2019–2030
Figure 25 South Africa Power Tools Market Size, By Value (USD Million), 2019–2030
Figure 26 South Africa Power Tools Market Share, By Product, By Value, 2019–2030
Figure 27 South Africa Power Tools Market Share, By Mode of Operation, By Value, 2019–2030
Figure 28 South Africa Power Tools Market Share, By Application, By Value, 2019–2030
Figure 29 Nigeria Power Tools Market Size, By Value (USD Million), 2019–2030
Figure 30 Nigeria Power Tools Market Share, By Product, By Value, 2019–2030
Figure 31 Nigeria Power Tools Market Share, By Mode of Operation, By Value, 2019–2030
Figure 32 Nigeria Power Tools Market Share, By Application, By Value, 2019–2030
Figure 33 Algeria Power Tools Market Size, By Value (USD Million), 2019–2030
Figure 34 Algeria Power Tools Market Share, By Product, By Value, 2019–2030
Figure 35 Algeria Power Tools Market Share, By Mode of Operation, By Value, 2019–2030
Figure 36 Algeria Power Tools Market Share, By Application, By Value, 2019–2030
Figure 37 Rest of MEA Power Tools Market Size, By Value (USD Million), 2019–2030
Figure 38 Rest of MEA Power Tools Market Share, By Product, By Value, 2019–2030
Figure 39 Rest of MEA Power Tools Market Share, By Mode of Operation, By Value, 2019–2030
Figure 40 Rest of MEA Power Tools Market Share, By Application, By Value, 2019–2030
List of Tables
Table 1 Middle East and Africa Power Tools Market Size, By Value (USD Million), 2019–2030
Table 2 Middle East and Africa Power Tools Market Size, By Product, By Value, 2019–2030
Table 3 Middle East and Africa Power Tools Market Size, By Mode of Operation, By Value, 2019–2030
Table 4 Middle East and Africa Power Tools Market Size, By Application, By Value, 2019–2030
Table 5 Middle East and Africa Power Tools Market Size, By Country, By Value, 2019–2030
Table 6 Saudi Arabia Power Tools Market Size, By Value (USD Million), 2019–2030
Table 7 Saudi Arabia Power Tools Market Size, By Product, By Value, 2019–2030
Table 8 Saudi Arabia Power Tools Market Size, By Mode of Operation, By Value, 2019–2030
Table 9 Saudi Arabia Power Tools Market Size, By Application, By Value, 2019–2030
Table 10 UAE Power Tools Market Size, By Value (USD Million), 2019–2030
Table 11 UAE Power Tools Market Size, By Product, By Value, 2019–2030
Table 12 UAE Power Tools Market Size, By Mode of Operation, By Value, 2019–2030
Table 13 UAE Power Tools Market Size, By Application, By Value, 2019–2030
Table 14 Qatar Power Tools Market Size, By Value (USD Million), 2019–2030
Table 15 Qatar Power Tools Market Size, By Product, By Value, 2019–2030
Table 16 Qatar Power Tools Market Size, By Mode of Operation, By Value, 2019–2030
Table 17 Qatar Power Tools Market Size, By Application, By Value, 2019–2030
Table 18 Kuwait Power Tools Market Size, By Value (USD Million), 2019–2030
Table 19 Kuwait Power Tools Market Size, By Product, By Value, 2019–2030
Table 20 Kuwait Power Tools Market Size, By Mode of Operation, By Value, 2019–2030
Table 21 Kuwait Power Tools Market Size, By Application, By Value, 2019–2030
Table 22 South Africa Power Tools Market Size, By Value (USD Million), 2019–2030
Table 23 South Africa Power Tools Market Size, By Product, By Value, 2019–2030
Table 24 South Africa Power Tools Market Size, By Mode of Operation, By Value, 2019–2030
Table 25 South Africa Power Tools Market Size, By Application, By Value, 2019–2030
Table 26 Nigeria Power Tools Market Size, By Value (USD Million), 2019–2030
Table 27 Nigeria Power Tools Market Size, By Product, By Value, 2019–2030
Table 28 Nigeria Power Tools Market Size, By Mode of Operation, By Value, 2019–2030
Table 29 Nigeria Power Tools Market Size, By Application, By Value, 2019–2030
Table 30 Algeria Power Tools Market Size, By Value (USD Million), 2019–2030
Table 31 Algeria Power Tools Market Size, By Product, By Value, 2019–2030
Table 32 Algeria Power Tools Market Size, By Mode of Operation, By Value, 2019–2030
Table 33 Algeria Power Tools Market Size, By Application, By Value, 2019–2030
Table 34 Rest of MEA Power Tools Market Size, By Value (USD Million), 2019–2030
Table 35 Rest of MEA Power Tools Market Size, By Product, By Value, 2019–2030
Table 36 Rest of MEA Power Tools Market Size, By Mode of Operation, By Value, 2019–2030
Table 37 Rest of MEA Power Tools Market Size, By Application, By Value, 2019–2030
Table 38 Emerson Electric, Co. Company Overview
Table 39 Emerson Electric, Co. Financial Overview
Table 40 Hilti Corporation Company Overview
Table 41 Hilti Corporation Financial Overview
Table 42 Ingersoll-Rand PLC Company Overview
Table 43 Ingersoll-Rand PLC Financial Overview
Table 44 Koki Holdings Co. Ltd Company Overview
Table 45 Koki Holdings Co. Ltd Financial Overview
Table 46 Makita Corporation Company Overview
Table 47 Makita Corporation Financial Overview
Table 48 Robert Bosch Company Overview
Table 49 Robert Bosch Financial Overview
Table 50 Stanley Black & Decker Company Overview
Table 51 Stanley Black & Decker Financial Overview
Table 52 Techtronic Industries Company Overview
Table 53 Techtronic Industries Financial Overview
Market Segmentation
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