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Power Tools Market will reach at a CAGR of 4.8% from to 2027

The global power tools market size is expected to grow from USD 34.9 billion in 2020 to USD 48.6 billion by 2027, at a CAGR of 4.8% from 2021 to 2027.

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Power Tools Market Analysis, Key Players, and Scope by 2027
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Power Tools Market Analysis, Key Players, and Scope by 2027

Power tools are mechanical devices that work on different power sources, such as the battery, compressed air, or electricity. Other power tools include hydraulic presses, handheld machine drills, and gas tools, which are utilized for diverse applicat