Philippines Electric Power Tools Market Outlook to 2023
By Product (Grinders, Drills, Saws, Hammers and others), By Application (Construction, Manufacturing and others), By Price Category (Premium, Medium, Low), By Distribution Channel(Direct Sales, Dealer & Retailers Sales and Online Sales), By Region, By Corded or Cordless Tools
Region:Asia
Product Code:KR772
April 2019
75
About the Report
The customers in the market are price sensitive and lack awareness about the importance of power tools which has resulted in low penetration in the market. Electric Power Tools are used by both local manufacturers and construction companies in the country. However, people prefer purchasing from established players when compared to local manufacturers due to trust in quality of products and their existing brand image. Hence, the established players have majority share in the power tools market.
Philippines Electric Power Tools Market Segmentation
By Product Category (Premium, Medium and Low): Medium priced tools contributed a major share in terms of generating revenues for the industry in 2018. Medium Priced Tools are largely demanded by construction companies due to affordability and pricing of the tools; whereas premium priced products serve huge construction companies and low priced products cater to residential users and small repair shops which accounted for the remaining share in the overall market revenue as of 2018.
By Product (Grinders, Drills, Saws, Hammers and Others): Grinders contributed majority of the revenue share in the overall electric power tools market in Philippines in the year 2018. This was followed by contribution from drills, saws, hammers, breakers, electric screwdrivers, routers and others.
By Distribution Channel (Direct Sales, Dealers and Retailer Sales and Online Sales): Distribution and Sales through Dealer and Retailers led overall revenue of the Power Tools Market in Philippines. Sales were mostly facilitated through this channel due to easy availability of tools and better reach to the end users. Huge construction companies have fixed dealers to facilitate their periodic purchasing that is a part of direct sales. On the other hand, online sales accounted a small share in the overall market due to lack of awareness and B2B e-commerce websites selling power tools in the country.
By Portable and Stationary Tools: Innovation of Lithium-ion batteries and mobility of power tools lead to increased demand for Portable Tools occupying majority of the market share as of 2018. On the other hand, lack of proper manufacturing stations and high cost of power tools were key reasons for reduced market share by stationary tools.
Key Topics Covered in the Report
- Executive Summary
- Research Methodology
- Value Chain Analysis
- Electric Power Tools Market, 2013-2018
- Electric Power Tools Market Segmentation, 2018
- Decision Making Parameters
- Porter Five Force Analysis
- Competition Landscape
- Company Profiling
- Competitive Landscape
- Market Share of Major Companies
- Trends and Developments
- Trade Scenario of Power Tools
- Electric Power Tools Market Future Outlook, 2018-2023
- Future Segmentation of Electric Power Tools Market, 2023E
- Analyst Recommendations
Products
Key Target Audience
- Authorized Distributors and Dealers
- Real Estate Construction Companies
- Manufacturing companies
- Automobile companies
- Power Tools Sector
Time Period Captured in the Report:
- Historical Period: 2012-2018
- Forecast Period: 2018-2023E
Companies
Key Segments Covered
By Application
- Construction Industry
- Manufacturing Industry
- Others
By Price Category
- Premium Category
- Medium Category
- Low Category
By Product Type
- Grinders
- Drills
- Saws
- Hammers
- Others
By Distribution Channel
- Direct Sales
- Dealer and Retailer sales
- Online Sales
By Region
- Luzon
- Visayas
- Mindanao
By Corded or Cordless Tools
- Corded Tools
- Cordless Tools
By Portable and Stationary Tools
- Portable Tools
- Stationary Tools
- Companies Covered:
- Makita
- Hilti
- Bosch
- Stanley Black & Decker and Dewalt
Table of Contents
1. Executive Summary
2. Research Methodology
2.1 Definitions
2.2 Abbreviations Used
2.3 Market Size and Modelling
3. Value Chain Analysis
3.1 Role of Major Entities in Value Chain
4. Electric Power Tools Market, 2013-2018
4.1 Electric Power Tools Market Size, 2013-2018
4.2 Major Growth Drivers
4.3 Market Restraints
5. Electric Power Tools Market Segmentation, 2018
5.1 By Application (Construction, Manufacturing and Others), 2018
5.2 By Price Range (Premium, Medium and Low), 2018
5.3 By Product Type (Grinders, Saws, Drills, Hammer and Others), 2018
5.4 By Distribution Channel (Direct Sales, Dealer and Retailer Sales and Online Channel), 2018
5.5 By Region (Luzon, Visayas and Mindanao), 2018
5.6 By Corded or Cordless, 2018
5.7 By Portable and Stationary, 2018
6. Decision Making Parameters
7. Porter Five Forces Analysis
8. Competition Landscape
8.1 Competition Parameters
9. Company Profiles
9.1Hilti
9.2 Makita
9.3 Bosch
9.4 Stanley Black & Decker And Dewalt
10. Competitive Analysis
10.1 Strength and Weakness
11. Market Share of Major Companies, 2018
12. Trends and Developments
13. Trade Scenario - Export and Import, 2013-2017
14. Electric Power Tools Market Future Outlook, 2018-2023E
15. Future Segmentation of Electric Power Tools Market, 2018-2023E
15.1 By Application (Construction, Manufacturing and Others), 2023E
15.2 By Price Range (Premium, Medium and Low), 2023E
15.3 By Product Type (Grinders, Drills, Saws, Hammer and Others), 2023E
15.4 By Distribution Channel (Direct Sales, Dealer and Retailer Sales and Online Channel), 2023E
15.5 By Region (Luzon, Visayas and Mindanao), 2023E
15.6 By Corded or Cordless, 2023E
15.7 By Portable and Stationary Tools, 2023E
16. Analyst Recommendations
Disclaimer
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