Lightweight and compact designs expected to drive oscillating tools market growth to $687.7 million by 2032

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Oscillating Tools Market

The global oscillating tools market reached a valuation of US$417.3 million in 2022

SEOUL, SOUTH KOREA, July 13, 2022 /EINPresswire.com/ — 250-page US Oscillating Tools Survey by Fact MR, A Leading Business and Competitive Intelligence Provider

The global COVID-19 pandemic has upended several industries by causing disruptions in their day-to-day operations and limiting the supply of raw materials, hampering production and growth.

The report offers actionable and valuable insights into the Oscillating Tools market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes information on sales and demand for Oscillating Tools across various industries and regions.

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Market research by Fact.MR gives exclusive insights on market growth. The study identifies crucial trends driving the growth of Cordless Oscillating Tools. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Fact.MR Latest Report Provides Detailed Analysis of Oscillating Tools Market

This newly released and insightful report sheds light on the Oscillating Tools Market insights, key dynamics, their impact on the overall value chain from vendors to end users and the Oscillating Tools growth.

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Why is the popularity of oscillating tools increasing rapidly?
“Growing adoption of the oscillating tool in residential and DIY projects”

Activities such as gardening, carpentry and plumbing are growing as fewer and fewer people choose to outsource these tasks due to high labor costs. Additionally, individuals have become more involved in the decision-making process for interior design, which has facilitated sales of related goods, including oscillating tools.

The availability of integrated sales channels such as e-commerce, hypermarkets and specialty stores, as well as changing lifestyles, allow consumers to purchase oscillating tools for their daily decoration and home applications.

“Cordless or Corded Oscillating Tools: Consumer Preference?”

New lithium batteries are used in battery-powered cordless oscillating tools to increase their power and lifespan, which of course are powerful portable hand tools. However, cordless tool batteries should be replaced after a few years of use because they no longer hold a charge. The cost of replacing the battery can be high.

Cordless oscillating tools are often used in situations where connecting an extension cord is not problematic. In general, corded oscillating multi-tools are more powerful and never lose power as long as they are plugged in. When using the tool with access to an electrical outlet, a corded variant is most convenient.

All in all, depending on the final application, the choice of oscillating tool varies. While commercial end users are more inclined towards corded tools, residential and DIY tool applications are performed more using cordless oscillating tools.

“Technological Developments by Oscillating Tool Manufacturers”

Ongoing developments in oscillating tools are expected to drive the growth of the market. Companies such as Black & Decker, Colex, Desoutter Industrial Tools, DEWALT, FEIN, Festool, Porter-Cable, Prime Supply Inc and Robert Bosch are implementing newer technologies, ensuring higher quality products at lower cost.

By allowing end users to easily operate the tool with any job done with the easy change of accessories, oscillating power tools have bridged the gap between heavy duty power tools. Overall, demand for oscillating tools is expected to grow 1.6 times over the decade.

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Oscillating Tools Industry Research Segmentation

Oscillating Tools Market by Type:
Corded Oscillating Tools
Cordless Oscillating Tools

Oscillating Tools Market by Amperage Capacity:
Up to 2 amps
2 – 4 Amps
Above 4 Amps

Oscillating Tools Market by Oscillating Speed:
Up to 7500 OPM
7500-10000 OPM
10000-15000 OPM
Above 15000 OPM

Oscillating Tools Market by End Use:
Residential / DIY
Commercial & Industrial

Oscillating Tools Market by Region:
North America
Latin America
Europe
East Asia
South Asia and Oceania
Middle East and Africa

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Key question answered in Oscillating Tools report survey:

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More valuable information about oscillating tools

Fact.MR in its new report offers an unbiased analysis of the Oscillating Tools market, sales and demand for Oscillating Tools, analyzing forecast statistics to 2019 and beyond. The study reveals growth projections based on various criteria.

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