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Hand Tools Market to Reach over USD 30 Billion by 2025 – Arizton

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Hand Tools Market to Reach over USD 30 Billion by 2025 – Arizton

January 06
17:12 2021

The global hand tools market by revenue is expected to grow at a CAGR of over 4% during the period 2019–2025.

 

The global hand tools market is expected to grow 1.3X times during the forecast period. The market is expected to witness a considerable growth post-2020. Rapid industrialization and increasing applications in household and commercial sectors are primarily driving the market. Automobile, aerospace, construction, electronics, and shipbuilding are the major end-use of these devices. The tool industry landscape is moving toward sophistication and customization that can determine market leadership in a competitive scenario. Advancements in technology and the extensive usage of battery-driven devices have fueled the adoption of cordless power tools and related accessories that are light and durable.

 

The following factors are likely to contribute to the growth of the hand tools market during the forecast period:

  • Rise in Home Improvement and DIY Activities
  • High Prominence in Asian Manufacturing Sites
  • Growth in Timber Construction 
  • Growth in Application of Fasteners                         

 

The study considers the present scenario of the hand tools market and its market dynamics for the period 2019−2025. It covers a detailed overview of several market growth enablers, restraints, and trends. The report offers both the demand and supply aspect of the market. It profiles and examines leading companies and other prominent ones operating in the market.

 

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Hand Tools Market – Vendor Profiles

 

Prominent Vendors

  • Stanley Black & Decker
  • Techtronic Industries Company
  • Snap-on
  • Apex Tool Group
  • Emerson

 

Other Prominent Vendors 

  • Robert Bosch GmbH
  • Ajay Group
  • Akar Tools Ltd.
  • Bojo
  • Channellock
  • Daniels Manufacturing Company
  • Estwing
  • Gray Tools Canada
  • Honiton
  • IDEAL INDUSTRIES
  • JCBL India
  • JK Files India
  • Kennametal
  • Klein Tools
  • KNIPEX
  • Kobalt
  • Leatherman
  • Lowell Corporation
  • Mac Tools
  • Ningbo Great Wall Precision Industrial Co. Ltd.
  • PHOENIX CONTACT
  • PILANA
  • Stiletto
  • Tajima
  • Vaughan Manufacturing
  • Wera Tools
  • Wiha Tools Ltd.
  • Wurth

 

Hand Tools Market – Segmentation

 

Segmentation by Product Type  

  •    General Purpose
    • Wrenches
    • Screwdrivers & Nut Drivers
    • Pilers
    • Hammers
    • Riveters
    • Clamps & Vises
    • Wrecking Bars
    • Ratchets & Sockets
  • Cutting
    • Chisel & Files
    • Saws
    • Knives & Blades
    • Cable & Wire Cutting Tools
  • Layout & Measuring
  • Taps & Dies

Segmentation by End-users

  • Industrial
    • Automotive
    • Aerospace
    • Electronics
    • Energy
    • Constructions
    • Shipbuilding
    • Others 
  • Commercial
  • Residential

Segmentation by Geography

  • North America
    • US
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Spain
  • APAC
    • China
    • Japan
    • South Korea
    • Australia
    • India
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE
    • Turkey

 

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Hand Tools Market – Table of Contents

 

1              Research Methodology

2              Research Objectives

3              Research Process

 

4              Scope & Coverage

4.1          Market Definition

4.1.1      Inclusions

4.1.2      Exclusions

4.2          Base Year

4.3          Scope Of The Study

4.3.1      Market Segmentation by Tool Type

4.3.2      Market Segmentation by End-user

4.3.3      Market Segmentation by Geography

 

5              Report Assumptions & Caveats

5.1          Key Caveats

5.2          Currency Conversion

5.3          Market Derivation

 

6              Market at a Glance

7              Introduction

7.1          Overview

7.2          COVID-19 Impact

 

8              Market Opportunities & Trends

8.1          Rising Home Improvement &Diy Activities

8.2          Rising Prominence Of Asian Manufacturing

8.3          Rising Timber Construction

 

9              Market Growth Enablers

9.1          Growth In Application Of Fasteners

9.2          Low-Cost Labor In Growing Economies

9.3          Growth Of Automotive Aftermarket Industry

 

10           Market Restraints

10.1        Growth Of Power Tools Market

10.2        Tool Safety & Risk Exposure

 

11           Market Landscape

11.1        Overview

11.2        Size & Forecast

11.3        Five Forces Analysis

11.3.1    Threat Of New Entrants

11.3.2    Bargaining Power Of Suppliers

11.3.3    Bargaining Power Of Buyers

11.3.4    Threat Of Substitutes

11.3.5    Competitive Rivalry

 

12           Hand Tools Market by Tool Type

12.1        Snapshot & Growth Engine

12.2        Overview

 

13           General Purpose Tools

13.1        Snapshot & Growth Engine

13.2        Overview

13.2.1    Market Size & Forecast

13.2.2    By Geography

13.3        Wrenches

13.3.1    Size & Forecast

13.3.2    By Geography

13.4        Screwdrivers & Nut Drivers

13.4.1    Size & Forecast

13.4.2    By Geography

13.5        Pliers

13.5.1    Size & Forecast

13.5.2    By Geography

13.6        Hammers

13.6.1    Size & Forecast

13.6.2    By Geography

13.7        Riveters

13.7.1    Size & Forecast

13.7.2    By Geography

13.8        Clamps & Vises

13.8.1    Size & Forecast

13.8.2    By Geography

13.9        Wrecking Bars

13.9.1    Size & Forecast

13.9.2    By Geography

13.10     Ratchets & Sockets

13.10.1  Size & Forecast

13.10.2  By Geography

 

14           Cutting Tools

14.1        Snapshot & Growth Engine

14.2        Overview

14.2.1    Size & Forecast

14.2.2    By Geography

14.3        Chisel & Files

14.3.1    Size & Forecast

14.3.2    By Geography

14.4        Saws

14.4.1    Size & Forecast

14.4.2    By Geography

14.5        Knives & Blades

14.5.1    Size & Forecast

14.5.2    By Geography

14.6        Cable & Wire Cutting Tools

14.6.1    Size & Forecast

14.6.2    By Geography

 

15           Layout & Measuring Tools

15.1        Overview

15.1.1    Size & Forecast

15.1.2    By Geography

 

16           Taps & Dies

16.1        Overview

16.1.1    Size & Forecast

16.1.2    By Geography

 

17           Hand Tools Market byEnd-User

17.1        Snapshot & Growth Engine

17.2        Overview

 

18           Industrial

18.1        Snapshot & Growth Engine

18.2        Overview

18.2.1    Size & Forecast

18.2.2    By Geography

18.4        Construction

18.4.1    Size & Forecast

18.4.2    By Geography

18.5        Automotive

18.5.1    Size & Forecast

18.5.2    By Geography

18.6        Aerospace

18.6.1    Size & Forecast

18.6.2    By Geography

18.7        Electronics

18.7.1    Size & Forecast

18.7.2    By Geography

18.8        Energy

18.8.1    Size & Forecast

18.8.2    By Geography

18.9        Shipbuilding

18.9.1    Size & Forecast

18.9.2    By Geography

18.1        Others

18.10.1  Size & Forecast

18.10.2  By Geography

 

19           Commercial

19.1        Overview

19.1.1    Size & Forecast

19.1.2    By Geography

 

20           Residential

20.1        Overview

20.1.1    Size & Forecast

20.1.2    By Geography

 

21           Geography

21.1        Snapshot & Growth Engine

21.2        Geographic Overview

 

22           APAC

22.1        Overview

22.2        Size & Forecast

22.3        Tool Type

22.3.1    Size & Forecast

22.4        END-USER

22.4.1    Size & Forecast

22.5        Key Countries

22.5.1    China: Hand Tools Market Size & Forecast

22.5.2    India: Size & Forecast

22.5.3    Japan: Size & Forecast

22.5.4    South Korea:Hand Tools MarketSize & Forecast

22.5.5    Australia: Size & Forecast

 

23           North America

23.1        Overview

23.2        Size & Forecast

23.3        Tool Type

23.3.1    Size & Forecast

23.4        End User

23.4.1    Market Size & Forecast

23.5        Key Countries

23.5.1    US:Hand Tools MarketSize & Forecast

23.5.2    Canada: Size & Forecast

 

24           Europe

24.1        Overview

24.2        Size & Forecast

24.3        Tool Type

24.3.1    Size & Forecast

24.4        End User

24.4.1    Size & Forecast

24.5        Key Countries

24.5.1    UK: Hand Tools MarketSize & Forecast

24.5.2    Germany: Size & Forecast

24.5.3    France: Size & Forecast

24.5.4    Spain: Hand Tools MarketSize & Forecast

24.5.5    Italy: Size & Forecast

 

25           Latin America

25.1        Overview

25.2        Size & Forecast

25.3        Tool Type

25.3.1    Size & Forecast

25.4        End User

25.4.1    Size & Forecast

25.5        Key Countries

25.5.1    Brazil:Hand Tools MarketSize & Forecast

25.5.2    Mexico: Size & Forecast

 

26           Middle East & Africa

26.1        Market Overview

26.2        Size & Forecast

26.3        Tool Type

26.3.1    Size & Forecast

26.4        End User

26.4.1    Size & Forecast

26.5        Key Countries

26.5.1    South Africa: Hand Tools MarketSize & Forecast

26.5.2    Saudi Arabia: Size & Forecast

26.5.3    UAE:Hand Tools MarketSize & Forecast

26.5.4    Turkey: Size & Forecast

 

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About Arizton Advisory & Intelligence

Arizton Advisory and Intelligence is an innovation and quality-driven firm, which offers cutting-edge research solutions to clients across the world. We excel in providing comprehensive market intelligence reports and advisory and consulting services.

Arizton has gained a paramount standpoint in the market research arena as it offers top of the line solutions to clients to assess market landscape and to finalize fool proof business strategies. We are committed to provide inclusive market research reports and consulting services to clients from diversified industries including –Consumer Goods & Retail Technology, Automotive and Mobility, Smart Tech, Healthcare and Lifesciences, Industrial Machinery, Chemicals and Materials, IT and Media, Logistics and Packaging

Arizton comprises a team of exuberant and well-experienced analysts who have mastered in generating incisive reports. Our specialist analysts possess exemplary skills in market research. We train our team in advanced research practices, techniques, and ethics to outperform in fabricating impregnable research reports.

Arizton Advisory & Intelligence
Chicago, Illinois, 60605
Mail: [email protected]
Call: +1-312-235-2040/+1 302 469 0707

Media Contact
Company Name: Arizton Advisory & Intelligence
Contact Person: Jessica
Email: Send Email
Phone: +1 3122332770
Country: United States
Website: https://www.arizton.com/market-reports/hand-tools-market-size-analysis


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