Electric Power Tools Market: Analysis, Trends, and Forecasts to 2031

6 days ago

The global electric power tools market size stood at a staggering USD 74.13 billion in 2022 and is projected to reach a colossal USD 119.51 billion by 2031. This translates to a healthy Compound Annual Growth Rate (CAGR) of 5.45% over the forecast period (2023-2031). This growth signifies the increasing reliance on efficient and powerful tools across diverse sectors.

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