Malaysia Power Tools Market - Industry Trends and Forecast to 2029

Malaysia power tools market is projected to register a 4.9% CAGR in the forecast period of 2021 to 2029. The new market report contains data for the historic years 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029.   
 

Market Segmentation:
Malaysia Power Tools Market, By Type (Drilling, Chisels, Screwing (Screwdriver Bits), Saws, Circular Saw Blades, Cutting, Sanding, Rotary Hammers, Grinders, Woodworking, Corded and Cordless Power Tools, Metalworking, Mechanic Tools and Others), Mode Of Operations (Pneumatic, Hydraulic, Liquid Fuel Tool, Electric and Power-Actuated Tools.), Operated (Electricity Operated and Battery Operated), Application (Woodworking, Concrete and Construction, Metalworking, Welding and Others.), Material (Wood/Metal, Brick/Block, Concrete, Glass and Others), Sales Channel (Online And Offline), End User (Residential and Institutional/Professional). Market Trends and Forecast to 2029

Some of the major factors contributing to the growth of the Malaysia power tools market:

• Increase in the growth of cordless power tools
 

• Integration of brushless motors in power tools

Market Players:

The key players operating in the Malaysia power tools market are:
• Makita Corporation
• Hexo Industries (M) Sdn Bhd
• THK POWERTOOLS (M) SDN BHD
• Milwaukee Tool Malaysia
• KYOCERA Corporation
• Ingersoll Rand
• Apex Tool Group, LLC.Atlas Copco AB
• Hilti Corporation
• Panasonic Corporation
• Robert Bosch GmbH Stanley Black and Decker, Inc.
• Techtronic Industries Co. Ltd. 3M
• Koki holding co., Ltd
• DEWALT