According to Zion Market Research, the global market value for power tools will be about USD 36 billion by 2025, which is a huge jump from the USD 27 billion reported in 2018. The two factors catalyzing power tool sales are the surge in construction as a result of rapid urbanization and the growing popularity of DIY activities. The cost-effectiveness, durability, and energy efficiency of power tools have positively impacted the market and judging by the current conditions, this trend will continue even in the future.
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