Adoption of Benelux Power Tools Market
Discover the Rise of Power Tools as an Ideal Alternative to Hand Tools with FMI’s Latest Insights!
Adoption of Benelux Power Tools Market by Mode of Operation, End Use, Country, Services & Region - Forecast 2022 - 2032
Adoption of Benelux Power Tools Market Outlook (2022-2032)
[122 Pages Report] The Benelux power tools market size reached US$ 1,051.6 Mn in 2021 and is likely to touch a valuation of US$ 1,091.4 Mn in 2022. Furthermore, with growing adoption of power tools across industrial and residential sectors, the overall demand is slated to grow at 4.5% CAGR between 2022 and 2032, totaling a valuation of US$ 1,694.9 Mn by 2032.
Power tools have a wide range of applications in automobile manufacturing and assembly. Automobile production in the Benelux region has increased significantly in recent years. This is due to increasing urbanization and improving economic conditions in the region.
|
Attribute |
Key Statistics |
|
Adoption of Benelux Power Tools Market Base Value (2021A) |
US$ 1,051.6 Mn |
|
Estimated Market Size (2022E) |
US$ 1,091.4 Mn |
|
Projected Market Valuation (2032F) |
US$ 1,694.9 Mn |
|
Value-based CAGR (2022-2032) |
4.5% |
In the Benelux region, home improvement and small maintenance activities are considered to be the favorite pastime. To capitalize on changing consumer preferences for do-it-yourself ethics, manufacturers are focused on providing home users with compact, portable and economical tool solutions.
This rapidly growing trend in the well-urbanized market such as Benelux is expected to create a significant opportunity in the household power tools segment over the forecast period. The household power tools segment is estimated to witness a CAGR of 3.5% through the forecast period (2022-2032).
Sales of power tools in Benelux are expected to rise as the electric tools are considered to be the most optimum handheld devices and proved to be very effective when the operations need to be carried out manually and have great manual adjustments to meet with the desired aesthetics of end product. In addition to this, demand for adoption of Benelux power tools is rising on account of significant growth in the industrial sectors all over the globe.
The adoption of Benelux power tools market forms around 3-6% of its parent market which is the global power tools market.
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Sales Analysis of Adoption of Benelux Power Tools from 2017 to 2021 Vs Market Projections for 2022 to 2032
From 2017 to 2021, the adoption of Benelux power tools witnessed a moderate growth rate of 4.1% CAGR and is estimated to foresee a Y-O-Y growth of 5.3% in 2022. However, with growing trend of do-it-yourself and increasing adoption of cordless power tools by end users, the overall market is set to grow at a CAGR of 4.5% between 2022 and 2032.
Power tools are tools that are actuated by an additional power source and mechanism other than the solely manual labor used with hands. These tools have greater accuracy, speed and efficiency and therefore help end users to significantly improve the overall productivity.
Factors such as increased consumer confidence, online sales of power tools, and easy availability of various products, especially portable power tools for home use are expected to boost the growth of adoption of Benelux power tools market.
Similarly, rising automotive sales, increasing housing sector, emergency of cost-effective and durable products, and growing e-commerce retail sales are likely to contribute towards the expansion of adoption of Benelux power tools market during the forecast period.
Power tool manufacturers are looking to gain a greater advantage by developing stronger pricing strategies. This new strategy is all about value, for instance as seen with Makita and Milwaukee tools. Manufacturers know that customers turn to competitors when they can't provide the right tools or saws at the right price. Keeping low-demand tools on hand may increase inventory costs, but will help retain that customer over the long term. The adoption of the Benelux power tools market is projected to grow by 1.3X by 2032 as compared to 2022.
What are the Key Trends Driving the Benelux Power Tools Market?
“Various Benefits Offered by Power Tools Encouraging Their Adoption”
Power tools can work 24*7 without any interruptions. These tools can provide service all day throughout the year with a very minimum occurrence of shutdown for the maintenance. The power tools excel in the ability of manufacturing, as they can provide a greater speed of production than hand tools to meet the requirement of the products and to keep pace with the increment in the demand for products in the market.
Many end users who are looking to gain a prominent enhancement in terms of rate of production could provide a substantial customer base for the power tools market during the projected course of time. The ability of the power tools to complete a long and meticulous cycle of operations is an ability that can improve customer inclination from hand tools to power tools.
“Growing Popularity of Cordless Power Tools To Facilitate Growth in the Adoption of Benelux Power Tools Market?
As per FMI, there has been a significant rise in demand for cordless power tools across Benelux nations during the last few years and the trend is likely to continue during the forecast period.
People are showing a keen inclination towards using these portable power tools for a wide range of applications as they reduce the need for extra wiring or external power source.
Cordless power tools include a wide range of battery-powered tools. Demand for more portable, flexible and compact tools is driving the cordless tool market. Various advancements in battery technology have led to the spread of cordless power tools equipped with high-density batteries that have a longer life after charging.
According to the European Power Tool Association (EPTA), in 2018, the cordless power tools segment accounted for ~50% of the power tools market and is the fastest-growing business segment in Europe.
Lithium-ion batteries provide power tools with high energy density and long service life. These batteries are lightweight and do not self-discharge. As such, lithium-ion batteries are the most popular option for powering cordless power tools.
Consumer interest in cordless tools has led tool manufacturers to turn to cordless power tools and introduce innovative products to the power tool market. Therefore, increasing demand for cordless power tools and product innovations by key players is expected to create significant opportunities for power tools in the Benelux market.
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How Will Demand for Power Tools Grow in Luxembourg?
“Rapid Expansion of Industrial Sector Triggering Market Growth in Luxembourg”
Luxembourg is expected to emerge as one of the key markets for power tools across Benelux during the forecast period, owing to the rapid expansion of industries such as steel manufacturing and automotive. FMI predicts power tools demand in Luxembourg to grow at a CAGR of 6.0% during the forecast period (2022-2032).
Luxembourg is centrally located in Europe and serves as a major gateway to European markets such as France, Germany and Belgium. This unique geographical focus and favourable tax and regulatory framework is expected to provide significant business opportunities for market participants in the near future.
Moreover, the rapid growth of the economy is expected to spur private investment in many sectors such as infrastructure and construction, providing lucrative growth opportunities for market participants.
Where Does the Netherlands Stand in the Adoption of Benelux Power Tools Market?
“Growing Trend of Do-it-Yourself to Propel Power Tool Sales in Netherlands”
Netherlands accounted for more than 55% of the adoption of the Benelux power tools market in 2022 and is likely to retain its dominance during the forecast period as well.
According to estimates, in 2020, the industrial sector contributed around 17% to the GDP of the Netherlands which resulted in a substantial increase in demand for power tools in Netherlands industrial sector.
Similarly, growing trend of do-it-yourself and rising popularity of cordless power tools are expected to further boost market growth across Netherlands during the forecast period. People in the country are increasingly using cordless electric power tools such as electric chainsaws, nutrunner, drills etc. for various applications.
Category-wise Insights
Why is Demand for Electric Power Tools Rising in the Adoption of Benelux Power Tools Market?
“Better Energy-Efficiency and Sustainable Nature of Electric Power Tools Encouraging their Adoption”
By mode of operation, electric segment will continue to dominate the adoption of Benelux tools market during the forecast period, accounting for more than 50% of share on a value basis by 2032. This can be attributed to the growing adoption of electric power tools by end users on account of their various benefits.
Electric power tools are gaining wider popularity across industrial and household sectors due to their higher efficiency, simplicity, and sustainable nature. These power tools are more efficient and require less energy input.
Electric power tools allow users to carry more specialized tasks and work with a wide variety of materials. They perform same functions as hand tools with considerably more efficiency and less effort. They are an excellent addition to workplaces like garages and they offer quicker, cleaner and less troublesome alternatives to hand tools.
Similarly, growing popularity of cordless power tools will further boost the growth of this segment during the forecast period.
Cordless power tools consist of rechargeable batteries as they are ideally used for things like welding and cutting. This shift to power tools reflects the desire for portable tools and will play a crucial role in accelerating growth in the adoption of Benelux power tools market.
Which End Use Segment Will Contribute Most to the Adoption of Benelux Power Tools Market?
“Sales of Benelux Power Tools To Remain High in Industrial Sector”
As per FMI, demand for Benelux power tools in the industrial segment is set to grow at a CAGR of 4.7% during the forecast period, creating higher absolute dollar opportunity as compared to household power tools segment.
Industrial applications include the use of tools in industries such as automotive, construction, aerospace, and logistics. Increasing innovation and the introduction of advanced technology in these industries are determinants of the dominance of industrial applications over the household segment. In the automotive and construction industries, power tools have the highest acceptance and are driving the growth of the industry segment.
Thus, rapid expansion of industrial sectors across countries like Netherlands and Belgium alpg with growing adoption of advanced tools will continue to support the growth of adoption of Benelux power tools market.
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Competitive Landscape
The Benelux power tool market is experiencing significant growth due to increased demand for cordless power tools. Leading manufacturers of powerful tools are working on the advancement of power tools that require minimal maintenance and can offer versatile operations at lower prices. Also, market participants are focusing on providing products tailored to customer requirements with improved reliability and durability to gain a competitive advantage in adoption of Benelux power tools market. For instance,
- In 2021, Stanley Black & Decker partnered with Eastman to create power tools with a sustainable focus. The company aims to launch reviva power tools line featuring Tritan Renew with 50% certified recycled content.
- In 2020, Atlas Copco launched the SRB HA smart battery nutrunner designed to deliver safer, faster, more cost-efficient, and traceable high torque bolt tightening for critical applications in the energy sector.
Stanley Black & Decker, Hilti Corporation, and Makita Corporation: Delivering the Master Piece Right Tool in Hand
Since 1843, Stanley Black & Decker has transformed and evolved to support and serve the creators, doers, and defenders of the world. An American Fortune 500 company, Stanley Black & Decker, Inc., produces industrial tools, household hardware, and security devices. It concentrates on engineered fasteners and mechanical and electronic security, and its brands include Stanley, Black & Decker, FatMax, DeWalt, Bostitch, Porter-Cable, Facom, Emhart Technologies, Proto, Kwikset, and Mac.
Stanley Black & Decker company is constantly upgrading its product portfolio by launching new advanced products. For instance, in October 2021, in order to achieve sustainability in the power tool sector, Stanley Black & Decker, Inc. collaborated with Eastman. A new product line called reviva will be made available by BLACK+DECKER, a Stanley Black & Decker brand, and will feature the company's first power tools that are focused on sustainability and use Eastman's Tritan Renew copolyester.
Another leading manufacturer and provider of power tools is Hilti Corporation. A worldwide corporation based in Liechtenstein, Hilti Corporation (Hilti Aktiengesellschaft or Hilti AG, often known as Hilti Group), develops, produces, and markets goods primarily for professional end users for the manufacturing, construction, building maintenance, and energy sectors. The major areas of focus include anchoring systems, fire prevention systems, installation systems, measurement and detecting instruments (like laser levels, range metres, and line lasers), power tools (like hammer drills, demolition hammers, diamond drills, cordless electric drills, heavy angle drills, and power saws), and associated software and services.
In December 2020, Hilti Corporation expanded its rotary and combination hammer tool portfolio with the next generation TE 70-ATC/AVR, the most powerful SDS-Max combination hammer in its class. The new and improved tool will help commercial contractors and craftsmen drill up to 40% faster in reinforced concrete and demolish more concrete.
Similarly, Makita Corporation is a leading Japanese power tool company that is continuously innovating to provide advanced power tools to its customers. Its headquarters are in Anj, Japan, and it has plants in Brazil, China, Japan, Mexico, Romania, the United Kingdom, Germany, United Arab Emirates, Thailand, and the United States. Many of Makita's power tools are shipped in stacking boxes compatible with Systainer.
For instance, in December 2020, Makita Corporation introduced tiny commercial angle grinders with non-removable guards ranging from 4 to 1/2" / 5" in size (models GA4553R and GA5053R). The newly released angle grinders are suited for manufacturing and construction, metal, and concrete applications.
Adoption of Benelux Power Tools Market Report Scope
|
Attribute |
Details |
|
Estimated Market Size (2022) |
US$ 1,091.4 Mn |
|
Projected Market Size (2032) |
US$ 1,694.9 Mn |
|
Anticipated Growth Rate (2022-2032) |
4.5% |
|
Forecast Period |
2022-2032 |
|
Historical Data Available for |
2017-2021 |
|
Market Analysis |
US$ Million for Value and units for volume |
|
Key Countries Covered |
Belgium, Netherlands and Luxembourg |
|
Key Market Segments Covered |
By Mode of operation, By End Use and By Countries |
|
Key Companies Profiled |
|
|
Report Coverage |
Market Forecast, brand share analysis, competition intelligence, DROT analysis, Market Dynamics and Challenges, Strategic Growth Initiatives |
Key Segments Covered in Adoption of Benelux Power Tools Market Analysis
By Mode of Operation:
- Electric
- Pneumatic
- Others
By End Use:
- Industrial
- Household
By Country:
- Belgium
- Netherlands
- Luxembourg
Frequently Asked Questions
How is the current size of the adoption of Benelux power tools market?
The adoption of Benelux power tools market is estimated to be valued at US$ 1091.4 Mn in 2022.
At what rate will the adoption of Benelux power tools market grow from 2022 to 2032?
Sales of adoption of Benelux power tools are slated to surge at a CAGR of around 4.5% from 2022 to 2032.
What is the projected valuation for adoption of Benelux power tools market?
FMI predicts the adoption of Benelux power tools market to reach a valuation of US$ 1,694.9 Mn in 2032.
Which is the most lucrative market for Benelux power tools?
Luxembourg is the most lucrative market for the power tools and is projected to grow at the highest growth rate of 6.0% during the assessment period.
Who are the leading players in the adoption of Benelux power tools market?
Tier-1 firms such Robert Bosch Power Tools GmbH, Makita Corporation and Stanley Black & Decker, Inc. are the top manufacturers leading in the adoption of Benelux power tools market.
How is the adoption of Benelux power tools market shaping up in Netherlands?
The adoption of Benelux power tools market in Netherlands is expected to account for the highest share of 55% of the Benelux power tools market.
Table of Content
1. Executive Summary 1.1. Market Outlook 1.2. Demand Side Trends 1.3. Supply Side Trends 1.4. End Use Roadmap 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Key Market Trends 3.1. Key Trends Impacting the Market 3.2. Product Innovation / Development Trends 4. Key Success Factors 4.1. Product Adoption / Usage Analysis 4.2. Product USPs / Features 4.3. Strategic Promotional Strategies 5. Adoption of Benelux Power Tools Market Demand Analysis 2017–2021 and Forecast, 2022–2032 5.1. Historical Market Volume (Units) Analysis, 2017–2021 5.2. Current and Future Market Volume (Units) Projections, 2022–2032 5.3. Y-o-Y Growth Trend Analysis 6. Adoption of Benelux Power Tools Market - Pricing Analysis 6.1. Average Pricing Analysis Benchmark 7. Adoption of Benelux Power Tools Market Demand (in Value or Size in US$ Mn) Analysis 2017–2021 and Forecast, 2022–2032 7.1. Historical Market Value (US$ Mn) Analysis, 2017–2021 7.2. Current and Future Market Value (US$ Mn) Projections, 2022–2032 7.2.1. Y-o-Y Growth Trend Analysis 7.2.2. Absolute $ Opportunity Analysis 8. Market Background 8.1. Macro-Economic Factors 8.1.1. GDP Growth Outlook 8.1.2. Industry Value Added (% of GDP) 8.1.3. Manufacturing Value Added by Key Countries 8.1.4. Benelux Construction Industry Value Added 8.1.5. Statistical Comparison of Belgium, Netherlands 8.2. Forecast Factors - Relevance & Impact 8.2.1. Population Growth and Demographic Shifts 8.2.2. Construction Industry Growth 8.2.3. GDP Growth 8.2.4. End Use Industry Growth 8.2.5. Other Key Forecast Factors 8.3. Value Chain 8.3.1. Value Chain Analysis 8.3.2. List of Manufacturers 8.3.3. List of Distributors 8.4. COVID-19 Crisis – Impact Assessment 8.4.1. Current Statistics 8.4.2. Short-Mid-Long Term Outlook 8.4.3. Likely Rebound 8.5. Market Dynamics 8.5.1. Drivers 8.5.2. Restraints 8.5.3. Opportunity Analysis 9. Adoption of Benelux Power Tools Market Analysis 2017–2021 and Forecast 2022–2032, by Mode of Operation 9.1. Introduction / Key Findings 9.2. Historical Market Size (US$ Mn) and Volume Analysis By Mode of Operation, 2017–2021 9.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By Mode of Operation, 2022–2032 9.3.1. Electric 9.3.2. Pneumatic 9.3.3. Others 9.4. Market Attractiveness Analysis By Mode of Operation 10. Adoption of Benelux Power Tools Market Analysis 2017–2021 and Forecast 2022–2032, by End Use 10.1. Introduction / Key Findings 10.2. Historical Market Size (US$ Mn) and Volume Analysis By End Use, 2017–2021 10.3. Current and Future Market Size (US$ Mn) and Volume Analysis and Forecast By End Use, 2022–2032 10.3.1. Traction/Hoist 10.3.2. Industrial 10.3.3. Household 10.4. Market Attractiveness Analysis By End Use 11. Adoption of Benelux Power Tools Market Analysis 2017–2021 and Forecast 2022–2032, by Country 11.1. Introduction 11.2. Historical Market Size (US$ Mn) and Volume Analysis By Country, 2017–2021 11.3. Current Market Size (US$ Mn) and Volume Analysis and Forecast By Country, 2022–2032 11.3.1. Belgium 11.3.2. Netherlands 11.3.3. Luxembourg 11.4. Market Attractiveness Analysis By Country 12. Belgium Adoption of Benelux Power Tools Market Analysis 2017–2021 and Forecast 2022–2032 12.1. Introduction 12.2. Pricing Analysis 12.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2021 12.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2032 12.4.1. By Mode of Operation 12.4.2. By End Use 12.5. Market Attractiveness Analysis 12.5.1. By Mode of Operation 12.5.2. By End Use 13. Netherlands Adoption of Benelux Power Tools Market Analysis 2017–2021 and Forecast 2022–2032 13.1. Introduction 13.2. Pricing Analysis 13.3. Historical Market Size (US$ Mn) and Volume Trend Analysis By Market Taxonomy, 2017–2021 13.4. Market Size (US$ Mn) and Volume Forecast By Market Taxonomy, 2022–2032 13.4.1. By Mode of Operation 13.4.2. By End Use 13.5. Market Attractiveness Analysis 13.5.1. By Mode of Operation 13.5.2. By End Use 14. Market Structure Analysis 14.1. Market Analysis by Tier of Companies (Adoption of Benelux Power Tools) 14.2. Market Concentration 14.3. Market Share Analysis of Top Players 14.4. Market Presence Analysis 15. Competition Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Competition Deep Dive 15.3.1. Stanley Black & Decker, Inc. 15.3.1.1. Overview 15.3.1.2. Product Portfolio 15.3.1.3. Profitability by Market Segments (Product/Channel/Region) 15.3.1.4. Sales Footprint 15.3.1.5. Strategy Overview 15.3.2. Atlas Copco AB 15.3.2.1. Overview 15.3.2.2. Product Portfolio 15.3.2.3. Profitability by Market Segments (Product/Channel/Region) 15.3.2.4. Sales Footprint 15.3.2.5. Strategy Overview 15.3.3. Snap-on Incorporated 15.3.3.1. Overview 15.3.3.2. Product Portfolio 15.3.3.3. Profitability by Market Segments (Product/Channel/Region) 15.3.3.4. Sales Footprint 15.3.3.5. Strategy Overview 15.3.4. Robert Bosch GmbH 15.3.4.1. Overview 15.3.4.2. Product Portfolio 15.3.4.3. Profitability by Market Segments (Product/Channel/Region) 15.3.4.4. Sales Footprint 15.3.4.5. Strategy Overview 15.3.5. Techtronic Industries Co. Ltd 15.3.5.1. Overview 15.3.5.2. Product Portfolio 15.3.5.3. Profitability by Market Segments (Product/Channel/Region) 15.3.5.4. Sales Footprint 15.3.5.5. Strategy Overview 15.3.6. Danaher Corporation 15.3.6.1. Overview 15.3.6.2. Product Portfolio 15.3.6.3. Profitability by Market Segments (Product/Channel/Region) 15.3.6.4. Sales Footprint 15.3.6.5. Strategy Overview 15.3.7. Makita Corporation 15.3.7.1. Overview 15.3.7.2. Product Portfolio 15.3.7.3. Profitability by Market Segments (Product/Channel/Region) 15.3.7.4. Sales Footprint 15.3.7.5. Strategy Overview 15.3.8. Actuant Corporation 15.3.8.1. Overview 15.3.8.2. Product Portfolio 15.3.8.3. Profitability by Market Segments (Product/Channel/Region) 15.3.8.4. Sales Footprint 15.3.8.5. Strategy Overview 15.3.9. Hitachi Koki Co. Ltd 15.3.9.1. Overview 15.3.9.2. Product Portfolio 15.3.9.3. Profitability by Market Segments (Product/Channel/Region) 15.3.9.4. Sales Footprint 15.3.9.5. Strategy Overview 15.3.10. SKF AB 15.3.10.1. Overview 15.3.10.2. Product Portfolio 15.3.10.3. Profitability by Market Segments (Product/Channel/Region) 15.3.10.4. Sales Footprint 15.3.10.5. Strategy Overview 15.3.11. Metabowerke GmbH 15.3.11.1. Overview 15.3.11.2. Product Portfolio 15.3.11.3. Profitability by Market Segments (Product/Channel/Region) 15.3.11.4. Sales Footprint 15.3.11.5. Strategy Overview 15.3.12. FERM B.V. 15.3.12.1. Overview 15.3.12.2. Product Portfolio 15.3.12.3. Profitability by Market Segments (Product/Channel/Region) 15.3.12.4. Sales Footprint 15.3.12.5. Strategy Overview 15.3.13. Einhell Germany AG 15.3.13.1. Overview 15.3.13.2. Product Portfolio 15.3.13.3. Profitability by Market Segments (Product/Channel/Region) 15.3.13.4. Sales Footprint 15.3.13.5. Strategy Overview 15.3.14. VIKING GmbH 15.3.14.1. Overview 15.3.14.2. Product Portfolio 15.3.14.3. Profitability by Market Segments (Product/Channel/Region) 15.3.14.4. Sales Footprint 15.3.14.5. Strategy Overview 16. Assumptions and Acronyms Used 17. Research Methodology
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List of Tables
Table 01: Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by Mode of Operation Table 02: Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by End Use Table 03: Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by Elevator Type Table 04: Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by Countries Table 05: Belgium Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by Mode of Operation Table 06: Belgium Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by End Use Table 07: Belgium Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by Elevator Type Table 08: Netherlands Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by Mode of Operation Table 09: Netherlands Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by End Use Table 10: Netherlands Adoption of Benelux Power Tools Market Value (US$ Mn) and Volume (Units) Historical Data 2017 – 2021 and Forecast 2022-2032 by Elevator Type
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Figure 01: Adoption of Benelux Power Tools Market Historical Volume (Units), 2017 – 2021 Figure 02: Adoption of Benelux Power Tools Market Volume (Units) Forecast, 2022 – 2032 Figure 03: Adoption of Benelux Power Tools Historical Market Size (USD Mn) (2017-2021) Figure 04: Adoption of Benelux Power Tools Market Absolute $ Opportunity Analysis (2017-2032) Figure 05: Adoption of Benelux Power Tools Market Size (USD Mn) & YOY Growth (%) (2022-2032) Figure 06: Adoption of Benelux Power Tools Market Share and BPS Analysis by Mode of Operation– 2022 & 2032 Figure 07: Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by Mode of Operation, 2021-2032 Figure 08: Adoption of Benelux Power Tools Market Attractiveness by Mode of Operation, 2022-2032 Figure 09: Adoption of Benelux Power Tools Market Absolute $ Opportunity 2021-2032, by Fiber core (FC) Figure 10: Adoption of Benelux Power Tools Market Absolute $ Opportunity 2021-2032, by Independent wire rope core (IWRC) Figure 11: Adoption of Benelux Power Tools Market Share and BPS Analysis by End Use – 2022 & 2032 Figure 12: Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by End Use, 2021-2032 Figure 13: Adoption of Benelux Power Tools Market Attractiveness by End Use, 2022-2032 Figure 14: Adoption of Benelux Power Tools Market Absolute $ Opportunity, 2021-2032, by Traction/Hoist Figure 15: Adoption of Benelux Power Tools Market Absolute $ Opportunity, 2021-2032, by Governor Figure 16: Adoption of Benelux Power Tools Market Absolute $ Opportunity, 2021-2032, by Compensation Figure 17: Adoption of Benelux Power Tools Market Share and BPS Analysis by Elevator Type – 2022 & 2032 Figure 18: Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by Elevator Type, 2021-2032 Figure 19: Adoption of Benelux Power Tools Market Attractiveness by Elevator Type, 2022-2032 Figure 20: Adoption of Benelux Power Tools Market Absolute $ Opportunity, 2021-2032, by Machine room (MR) elevator Figure 21: Adoption of Benelux Power Tools Market Absolute $ Opportunity, 2021-2032, by Machine room-less (MRL) elevator Figure 22: Adoption of Benelux Power Tools Market Absolute $ Opportunity, 2021-2032, by Hydraulic elevator Figure 23: Adoption of Benelux Power Tools Market Share and BPS Analysis by Country– 2022 & 2032 Figure 24: Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by Country, 2021-2032 Figure 25: Adoption of Benelux Power Tools Market Attractiveness by Country, 2022-2032 Figure 26: Adoption of Benelux Power Tools Market Absolute $ Opportunity, 2021-2032, by Belgium Figure 27: Adoption of Benelux Power Tools Market Absolute $ Opportunity, 2021-2032, by Netherlands Figure 28: Belgium Adoption of Benelux Power Tools Market Share and BPS Analysis by Mode of Operation– 2022 & 2032 Figure 29: Belgium Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by Mode of Operation, 2021-2032 Figure 30: Belgium Adoption of Benelux Power Tools Market Attractiveness by Mode of Operation, 2022-2032 Figure 31: Belgium Adoption of Benelux Power Tools Market Share and BPS Analysis by End Use – 2022 & 2032 Figure 32: Belgium Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by End Use, 2021-2032 Figure 33: Belgium Adoption of Benelux Power Tools Market Attractiveness by End Use, 2022-2032 Figure 34: Belgium Adoption of Benelux Power Tools Market Share and BPS Analysis by Elevator Type – 2022 & 2032 Figure 35: Belgium Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by Elevator Type, 2021-2032 Figure 36: Belgium Adoption of Benelux Power Tools Market Attractiveness by Elevator Type, 2022-2032 Figure 37: Netherlands Adoption of Benelux Power Tools Market Share and BPS Analysis by Mode of Operation– 2022 & 2032 Figure 38: Netherlands Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by Mode of Operation, 2021-2032 Figure 39: Netherlands Adoption of Benelux Power Tools Market Attractiveness by Mode of Operation, 2022-2032 Figure 40: Netherlands Adoption of Benelux Power Tools Market Share and BPS Analysis by End Use – 2022 & 2032 Figure 41: Netherlands Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by End Use, 2021-2032 Figure 42: Netherlands Adoption of Benelux Power Tools Market Attractiveness by End Use, 2022-2032 Figure 43: Netherlands Adoption of Benelux Power Tools Market Share and BPS Analysis by Elevator Type – 2022 & 2032 Figure 44: Netherlands Adoption of Benelux Power Tools Market Y-o-Y Growth Projections by Elevator Type, 2021-2032 Figure 45: Netherlands Adoption of Benelux Power Tools Market Attractiveness by Elevator Type, 2022-2032
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