Africa Power Tools Market To Witness Robust Growth Of Milwaukee Electric Tool Launches Next-Generation Electric Rough-In M18 Fuel Hole HAWG Right Angle Drill

 

Africa Power Tools Market

A power tool is basically a tool that is activated by another power source other than your hands and physical labor used traditionally with hand tools. The most popular categories of power tools make use of electrical motors. Most of them are run by batteries or rechargeable nickel-cadmium cells. They are useful in removing small pieces of wood, metal, plaster, plastic, or plasterboard. With rising urbanization in African countries, infrastructural development including transportation, energy, and related maintenance services has increased as well. All these services require hand and power tools. According to the United Nations (UN), the world population is expected to increase by 20% between 2015 and 2025, with Asia and Africa projected to contribute significantly to this growth, this is expected to further urbanization and the subsequent need for hand and power tool. Hence, such factors can augment growth of the Africa power tools market.

Power tools are used to remove small pieces of hardwood, metal, plasterboard, or plastic. A drill is used to remove holes and screw them into the wooden floorboards. A screwdriver makes the fastening process easier. A sanding tool consists of a rotating drum and a cutting hand wheel at the end of it. They are used for smoothing objects that consist of several layers of materials like plasterboard or thin sheets of metal. Sanding machines are available in different shapes and sizes and most of them run on electric motors. There are portable ones as well, which can be folded and stored when not in use. The African countries are witnessing massive investment in the housing and infrastructure sector. As a result of this, sales of power tools have surged massively. These countries are playing a crucial role in creating demand for power tools since they have become manufacturing hubs. Such factors can stimulate growth of the Africa power tools market.

Recently, in April 2020, Milwaukee Electric Tool, a subsidiary of Techtronic Industries Company Limited, launched a next-generation electric rough-in M18 Fuel Hole HAWG Right Angle Drill.

The intense pricing competition remains one of the major hurdles in the Africa power tools market. The cost of nickel, mercury, and cadmium battery substitutes has increased remarkably, which in turn, has resulted in the decline in the sales of cordless power tools. Besides, the revenue generation of regional players is stifled due to Made in China products since they are available at competitive prices. Thus, such factors can inhibit growth of the Africa power tools.

However, consumers are increasingly power tools over hand tools. This includes cordless electric grinders, sanders, saws, and polishers. Besides, many consumers are increasingly preferring DIY activities, boosting the sales of power tools. Such factors can lucrative growth opportunities in the Africa power tools market.

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