There are best tools on markets to simplify local hosting project on WordPress theme development, plugins, and other PHP sites.
These tools deploy WordPress environment on local machine, enable developer to test development project before its release.
If you pursue for WordPress theme or plugin development task, then you have to pick the best tool to simplify your web project development.
These are the best local hosting tools for WordPress theme development;
Local

This tool is developed by popular hosting services Flywhweel and WP Engine. This is currently best tool with all required features for WordPress theme development. This tool is big in size but doesn’t consume computer resources, which is great even for low-end devices. The tool use NGiNX server to run development WordPress.
Laragon

If you want something that is lighter and less computer resources consumption, then Laragon beats all other tools in the market. Just like Local plugin, the plugin is free and offer extra features than any other. Laragon is offering extended features even to other PHP development, unlike Local which offer only for WordPress.
Xampp

This is popular plugin used by many developers, and it is suggested by various IT ebooks on market for PHP development. This plugin is also lighter and doesn’t consume computer resources just like Laragon and Local. Installation of WordPress in this tool must be done manually, Local and Laragon offer one-click WP installation which make them better than this. The only problem about this plugin is tendency of crushing database often, which make it unstable.
Studio

This plugin developed by WordPress themselves with beautiful dashboard just like Local. This program is currently small sized than above plugins which make it better on less space consuming. It is smaller but it consumes a lot of computer resources compared to above plugins, which make it less efficient for low-end devices.