Aarkstore Enterprise announced latest Market Research Report Titled "Middle East Power Tools Market"
Middle East power tools market witnessed a steady growth during 2014-17 led by buoyant construction activities primarily in UAE and expansion of manufacturing and industrial sectors. Oil crisis led to slowdown in the construction activities across several key markets across Middle East region primarily Saudi Arabia. Additionally, Turkey which is one of key contributors to the power tools market in the Middle East had witnessed political and economic instabilities.

According to the research, Middle East Power Tools market is projected to grow at a CAGR of 9.0% during 2018-24. From 2018 onwards, countries such as UAE and Qatar are likely to witness highest number of construction projects, due to upcoming events such as World Expo in 2020, and FIFA World Cup 2022. Apart from this, countries such as Turkey is likely to post further growth in construction sector after the recovery from economic slowdown.

Within power tools market, electric power tools segment would continue to acquire further growth, however, pneumatic power tools segment would register high growth during the forecast period, backed by expected growth in automotive and manufacturing sectors.
The report thoroughly covers the market by tool types, technology types, applications, and countries. The report provides an unbiased and detailed analysis of the on-going trends, opportunities/high growth areas and market drivers, which would help the stakeholders to device and align market strategies according to the current and future market dynamics.

Markets Covered:
The report provides detailed analysis of the following market segments:
• By Types:
o Electric
o Pneumatic
• By Tool Types:
o Metal
o Concrete
o Wood Working
o Others
• By Verticals:
o Construction
o Automotive
o Manufacturing
o Others
• By Countries:
o Turkey
o Iran
o Saudi Arabia
o UAE
o Qatar
o Oman
o Bahrain
o Kuwait
For More Details, Please Visit At: https://www.aarkstore.com/construction/980713/middle-east-power-tools-market-forecast-and-competitive-landscape
Category: Construction Market Research
Contact Details:
Aarkstore Enterprise
+917710006788 | [email protected] | aarkstore.com