global li-ion battery market for power tool 2015-2019

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Global Li-Ion Battery Market for Power Tool 2015-2019

Covered in this Report• The report covers the present scenario and the

growth prospects of the global Li-ion battery market for power tool during 2015-2019.

• The market has been segmented on the basis of end-user segmentation.

• The report also discusses the key geographies and the future growth pattern of the market.

• Technavio's report, the Global Li-ion Battery Market for Power Tool 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts.

• The report covers the global Li-ion battery market for power tool landscape and its growth prospects in the coming years.

Global Li-Ion Battery Market for Power Tool

2015-2019

USA – CANADA – UK – CHINA – INDIA

Market Overview• Li-ion batteries are mainly used in devices such as power

tools, and handheld devices owing to their high energy density and rechargeable properties.

• There are several types of power tools such as engine-driven power, electric power, and pneumatic power tools.

• Electric power tools works on both electric and battery source of power.

• Currently, most companies are manufacturing power tools that operate on Li-ion batteries as it provides high power capability despite its compact size and reduces the overall weight of power tool.

• Technavio forecasts the global Li-ion battery market for power tool to grow at a CAGR of 9.3% during 2014-2019.

To know more aboutGlobal Li-Ion Battery

Market for Power Tool 2015-2019,

please mail us [email protected]

USA – CANADA – UK – CHINA – INDIA

Key Findings• In the last few years, there has been a rapid increase in the competition among

the vendors in the Li-ion battery operated power tools market.

• The increased competition leads to a decrease in the overall price of Li-ion power tools.

• Consequently, there is an increase in price wars among the players in the market.

• Although several vendors in the power tools market are witnessing increased labor costs, the vendors are absorbing these costs to provide cost-effective power tools.

• This is also due to the large variety of vendors and their varying pricing strategies aimed at capturing significant shares in the market.

• Furthermore, vendors are focusing on the development of economically priced products in an attempt to tap the micro, small, and medium-scale enterprises sector.

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Key Questions Answered in Our Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

Have a question of your own about this report?

Ask our Analysts

USA – CANADA – UK – CHINA – INDIA

• Decision makers and influencers in sales & marketing, strategy, product and R&D teams rely on research from Technavio. We have a large and growing base of happy customers worldwide. Our customers include technology suppliers, end users, consulting companies, investment firms and research institutes.

• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.

About Technavio

Some of our clients include:ACT Global, Flextronics, Huawei Technologies Co, Infosys, Harris Corporation, Infosys, Intercad, Hidaka Precision Tools & Dies Company, Huawei Technologies Co, American Capital, Analysis Group, Netscout, NTT DoCoMo

USA – CANADA – UK – CHINA – INDIA

Thank You!

Mail us at: [email protected] can visit us at:www.technavio.com

USA – CANADA – UK – CHINA – INDIA