Robert Bosch GmbH, Stanley Black & Decker, Inc., Koki Holdings Co., Ltd. dominated the Malaysia Power Tools Market in 2021

Malaysia Power Tools Market is expected to grow with a CAGR of 4.9% in the forecast period of 2022 to 2029. The years considered for the study are as mentioned below.

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Malaysia power tools market is a highly consolidated market, which includes a specific number of key players and local players. The market has witnessed increased strategic developments owing to a favorable market scenario.

The major players dealing in Malaysia power tools market are introducing a wide range of products. This helped companies to maximize sales with an enhanced product portfolio.

For instance,

  • In May 2022, Milwaukee Tool Malaysia. Showcased products at the Silverwell Trading Red Express from 6-9th May 2022 at Pulau Pinang. This has allowed the company to showcase their products to a more extensive consumer base and industries present at the event
  • In November 2021, Hexo Industries (M) Sdn Bhd partnered with Ekahau, a leader in creating solutions for wireless network design, optimization and troubleshooting. This development and partnership will allow the company to enhance their products with new developments such as wireless technology.

Robert Bosch GmbH

Robert Bosch GmbH is headquartered in Stuttgart, Germany. Public ownership was founded in 1886. The company focuses on providing products, services and technology such as power tools for various applications. The company has several business categories: Mobility Solutions, Industrial Technology, Consumer Goods, Energy and Building Technology, out of which consumer goods are focused business category. The company have several product categories, which are Bosch power tools for professionals, Bosch accessories for professionals, connected products and services, connected products and services, and measuring technology, out of which Bosch power tools for professionals are a focused product category. The company has a wide global presence across Africa, America, Central America, North America, South, Asia, Australia / Oceania, Europe, Middle East. Company have subsidiaries which are BSH Hausgeräte (Germany), Dremel (U.S.), Bosch Rexroth (U.S.), Bosch Thermotechnik GmbH (Germany), Bosch Sicherheitssysteme (U.S.) and among others.

  • In September 2019, Nucleus Software Exports Ltd. announced the extension of services to the Indonesian bank. The company is trying to expand more into the Asia-Pacific region with their FinnOne Neo solution. This aided the company in expanding its geographical reach of the company
  • In May 2019, Nucleus Software Exports Ltd. joined hands with Roha Housing Finance. The strategic partnership provided Roha housing Finance with digital solutions through FinnOne Neo, enhancing customer experience. The partnership will scale up the revenue of the company

Stanley Black & Decker, Inc.

Stanley Black & Decker, Inc., headquartered in Connecticut, U.S.as public ownership and was founded in 1843. The company focuses on providing tools and storage products through various brands such as Stanley, Dewalt, Black Decker, and others. The company has business categories: Tools & Storage, Industry and Security out of which Tools & Storage is a market-focused product. The company have a product which is Power Tools, Accessories, Hand Tools, Outdoor & Equipment, out of which Power Tools is a market-focused product. The company has a wide global presence across Americas, Europe, and Asia. The company have subsidiaries which are DEWALT (U.S.), BLACK+DECKER (U.S.), Facom (France), Irwin Industrial Tools (U.S.), Proto (U.S.) and others

Malaysia Power Tools Market

KOKI HOLDINGS CO., LTD

KOKI HOLDINGS CO., LTD Incorporated is headquartered in Tokyo, Japan, under private ownership. It was founded in 1948. The company is engaged in the manufacturing of power tools. The company has several product categories: Power Tools, Outdoor Power Equipment, and Cordless Trimmer, out of which Power Tools are a focused product category. The company has a wide global presence across North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.

  • In April 2019, Koki Holdings Co., Ltd. announced the full-scale rollout of the global campaign called "WAVE", With a set duration and theme. This inaugural company initiative promotes the themed lines of product end-users. This initiative will enhance the company's product portfolio and attract consumers
  • In April 2019, Koki Holdings Co., Ltd. announced its agreement of an official strategic partnership with Sukedachi, Inc., seeking to design a platform to support everyone in the construction industry using power tools