Steady Growth Expected for Pneumatic & Hydraulic Hand Tools Market to 2035

The global market for pneumatic and hydraulic hand tools is showing a steady rise in demand. By 2035, the total volume of tools sold is expected to reach 187 million units.

Although market growth will slow down, the industry is still forecasted to expand steadily over the next decade. The market volume is projected to grow at a modest compound annual growth rate (CAGR) of 0.3% from 2024 to 2035.

In terms of value, the market is expected to grow at a faster rate, with a CAGR of 1.0%. This will bring the market’s total worth to about $24.6 billion by 2035, based on nominal wholesale prices.

This steady increase reflects ongoing global demand for reliable and efficient pneumatic and hydraulic hand tools across various industries.

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