Summary

The growing popularity of DIY in the French home improvement market is increasing the demand for power tools that provide users with the convenience of lighter weight, safety, and freedom of movement. France has a larger automotive, industrial, and other industry sector than the UK, so the French market is larger than the UK's. As a result, demand for cordless power tools has increased in France. This expansion is being driven by the increasing use of Li-ion batteries in power tools. Li-ion batteries have nearly replaced Ni-Cd and Ni-MH batteries in cordless power tools in recent years due to their high power density. A low self-discharge rate and the use of less toxic materials are also advantages. In France, demand for cordless power tools is growing faster than that for corded tools. It is increasing the ASP of power tools in France, which is driving market growth.

According to the research report, “France Power Tools Market Overview, 2028”published by Bonafide Research, the market is anticipated to add up to 0.85 Billion market size during the upcoming timeframe. During the forecast period, drilling and fastening tools are expected to account for the largest share of the power tool market by tool type. The market for electric mode of operation tools is expected to grow at the fastest CAGR. Electric tools are plug-and-play, whereas cordless tools are simple to use, efficient, and convenient. End users prefer cordless tools over traditional ones due to their ergonomic benefits. The growing demand for lightweight, portable, flexible, and compact tools, as well as the growing DIY trend among homeowners, is driving the adoption of electric power tools for residential and DIY use. Material removal tools are expected to grow at a faster CAGR during the forecast period. These are end-effectors that are used to remove unwanted material from work pieces in order to achieve the desired shape. Sanders, polishers, buffers, air scalers, and grinders are examples of material removal tools used in industrial and residential applications. These tools are ergonomically designed for the users' comfort and safety. These tools are powered by either electricity or pneumatics. Cordless electric material removal tools are widely used in a variety of industrial applications, driving segment growth.

Power tools are widely used in the French construction industry for tasks such as drilling, sawing, and fastening. Cordless power tools are gaining popularity in the construction industry because they provide greater flexibility and mobility than traditional corded power tools. In France, power tools are used at all stages of the manufacturing process, from fabrication and assembly to finishing and quality control. DIY enthusiasts and home improvement contractors in France make extensive use of power tools. Because they provide greater flexibility and mobility, cordless power tools are becoming increasingly popular for home renovation and improvement projects. In the French automotive industry, power tools are used for tasks such as engine repair and maintenance, body work, and welding. In France, power tools are used in agriculture for tasks such as harvesting, pruning, and maintenance.

In France, there are several power tool start-ups focused on developing innovative and high-quality power tools for a variety of industries and applications. Among the notable French power tool start-ups are EC Power is a company that develops cordless power tools for the construction industry, with an emphasis on ergonomics, safety, and performance, Mynox is a startup that develops smart power tools that can be connected to the internet and monitored in real time. Their power tools are designed to help users increase efficiency, reduce downtime, and increase productivity, WIT Tools is a startup that specialises in the development of cordless power tools for the DIY market, with an emphasis on affordability, convenience, and performance and Power Zenith is a start-up that focuses on developing power tools for the electric vehicle (EV) market, with the goal of providing efficient and cost-effective solutions for EV battery maintenance and repair.

The growing demand for power tools for DIY projects is notably driving the growth of the power tools accessories market in the France, though factors such as the influx of Chinese brands may impede market growth. Our research analysts examined historical data to determine the key market drivers and the COVID-19 pandemic impact on the power tools accessories industry in the France. The comprehensive analysis of the drivers will aid in determining end goals and refining marketing strategies to gain a competitive advantage.

Considered in this report
• Geography: France
• Historic year: 2017
• Base year: 2022
• Estimated year: 2023
• Forecast year: 2028

Aspects covered in this report
• France Power Tools market with its value and forecast along with its segments
• Various drivers and challenges
• On-going trends and developments
• Top profiled companies
• Strategic recommendation

By Tools Type:
• Drilling and Fastening Tools
• Demolition Tools
• Sawing and Cutting Tools
• Material Removal Tools
• Routing Tools
• Others

By Mode of Operation:
• Electric
• Pneumatic
• Others (Hydraulic)

By Application Type:
• Industrial
• Residential

The approach of the report:
This report consists of a combined approach of primary as well as secondary research. Initially, secondary research was used to get an understanding of the market and list out the companies that are present in the market. The secondary research consists of third-party sources such as press releases, and annual reports of companies, analyzing the government-generated reports and databases. After gathering the data from secondary sources primary research was conducted by making telephonic interviews with the leading players about how the market is functioning and then conducting trade calls with dealers and distributors of the market. Post this we have started doing primary calls to consumers by equally segmenting consumers into regional aspects, tier aspects, age groups, and gender. Once we have primary data with us we started verifying the details obtained from secondary sources.

Intended audience
This report can be useful to industry consultants, manufacturers, suppliers, associations & organizations related to the Power Tools industry, government bodies, and other stakeholders to align their market-centric strategies. In addition to marketing & presentations, it will also increase competitive knowledge about the industry.