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Oscillating Tools Market Share

Report ID: GMI12182
Published Date: Nov 2024
Report Format: PDF

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Oscillating Tools Market Share

In 2023, key companies like Bosch, Makita, Fein, Rockwell and Dewalt held a combined industry share of 40-45%. These companies are actively engaging in mergers, acquisitions, facility expansions, and collaborations to enhance their product portfolios, reach more customers, and strengthen their market positions.

Companies are heavily investing in research and development to develop advanced and smart oscillating tools that align with the changing and evolving industry’s needs and preferences. Competitive strategies frequently center on product differentiation, where manufacturers augment their offerings with distinctive features, and geographic expansion to penetrate emerging markets. In this dynamic environment, companies that adeptly innovate and respond to market trends are poised for the most significant growth.

Oscillating Tools Market Companies

Major players operating in the oscillating tools industry are:

Bauer
Black and Decker
Bosch
Dewalt
Fein
Festool
Genesis
Makita
Milwaukee
Rockwell
Ryobi
Worx

Authors: Avinash Singh , Sunita Singh

Frequently Asked Questions (FAQ) :

The global market for oscillating tools was reached USD 859.7 million in 2023 and is estimated to grow at a 5.3% CAGR from 2024 to 2032, driven by the rising DIY home improvement trend.

The electric segment was worth around USD 521.7 million in 2023 and is expected to grow at a 5.6% CAGR by 2032, due to the convenience and portability of cordless models.

The industrial/professional segment held around 63% of the market share in 2023 and is anticipated to grow at a 4.9% CAGR from 2024 to 2032, driven by substantial investments in construction and renovation activities.

The U.S. oscillating tools market size surpassed USD 243.9 million in 2023 and is expected to grow at a 5.3% CAGR from 2024 to 2032, led by significant investments in residential, commercial, and infrastructure projects.

Key players in the oscillating tools industry include Bauer, Black and Decker, Bosch, Dewalt, Fein, Festool, Genesis, Makita, Milwaukee, Rockwell, Ryobi, and Worx.