Pistol Grip Sanders Market Scope
The pistol sander is a small and reliable tool, durable and a robust for significant sanding in confined spaces. The tool is powerful with a compact design suitable for applications where you want more power but still need the accessibility. Features include Great power-to-weight ratio, Compact style for easy access in confined areas, Soft start trigger for sleek operation, Rubber grip on handle for insulation and comfort.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | 3M (United States), Bacho (United Kingdom), Ingersoll Rand (India), Chicago Pneumatic (United States), Dynabrade (India), Atlas Copco (Sweden), Sioux Tools (United States), Mac Tools (United States) and SAITAMA SEIKI (Japan) |
CAGR | 13.7% |
The companies are exploring the market by adopting expansions, investments, and new service launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that Global Manufacturers will contribute to the maximum growth of Global Pistol Grip Sanders market throughout the predicted period.
3M (United States), Bacho (United Kingdom), Ingersoll Rand (India), Chicago Pneumatic (United States), Dynabrade (India), Atlas Copco (Sweden), Sioux Tools (United States), Mac Tools (United States) and SAITAMA SEIKI (Japan) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Pistol Grip Sanders market by Type , by Application (Metals, Plastics, Wood and Others) and Region with country level break-up.
On the basis of geography, the market of Pistol Grip Sanders has been segmented into South America (Brazil, Argentina, Chile, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Singapore, Indonesia, Thailand, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Spain, Sweden, Belgium, Finland, Denmark, Russia, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Market Leaders and their expansionary development strategies
In October 2022, BLACK+DECKER a Stanley Black & Decker brand setting the standard for innovation and design of power tools, outdoor yard care equipment, and home products, announced the retail launch of the first phase of the reviva power tool line. The reviva tool line was designed for DIYers to complete an array of do-it-yourself (DIY) projects. The new lineup is geared towards the eco-conscious consumer, as each tool's housing is manufactured from 50% recycled material**. The reviva drill driver, detail sander, jigsaw, and screwdriver are available for purchase on Amazon.com and at additional retailers.
In November 2022, 3M Disc Sander, Pistol Grip tools are designed with operator comfort in mind and run any 3M™ Roloc™ product 3" or less with an RPM rating of at least 15,000. They are ideal for intermittent use on non-production spot sanding and finishing applications as well as paint prep and weld burn clean-up, and the pistol grip and 97 degree head provides improved operator comfort.
The Manufacturer of Pneumatic Sanders are Supposed to Meet the Occupational Safety & Health Administration (OSHA) Regulations
Influencing Trend:
Rapid Urbanization and Development in Emerging Nation
Market Growth Drivers:
Rise in Focus of Maintaining Interior Home Decoration and Increasing Demand for Removal and Dressing Down of Spots and Irregularities
Challenges:
Poor Access of Pistol Grip Sanders in Developing Countries
Restraints:
Lack of Awareness About the Use of Pistol Grip Sanders
Opportunities:
Advancement and Innovation in Furniture
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries