A hand tool is any tool that is not a power tool – that is, one powered by hand (manual labour) rather than by an engine. Some examples of hand tools are garden forks, secateurs, rakes, hammers, spanners, pliers, screwdrivers and chisels. Hand tools are generally less dangerous than power tools.
The global average price of hand tools is in the decreasing trend, from 2203 USD/K Unit in 2012 to 2062 USD/K Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
China region is the largest supplier of hand tools, with a production market share nearly 47% in 2016. North America is the second largest supplier of hand tools, enjoying production market share nearly 22% in 2016.
According to this study, over the next five years the Hand Tools market will register a 2.9% CAGR in terms of revenue, the global market size will reach US$ 17100 million by 2024, from US$ 14800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Hand Tools business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Hand Tools market by product type, application, key manufacturers and key regions and countries.
This study considers the Hand Tools value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
General Purpose Tools
Metal Cutting Tools
Layout and Measuring Tools
Taps and Dies
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industrial
Household
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Stanley
Apex Tool Group
Great Wall Precision
TTi
Snap-on Inc.
Ideal Industries
Textron
Klein Tools
Wurth Group
Tajima
Knipex
Irwin
PHOENIX
Wiha
Channellock
Pro'skit
Ajay
Akar Tools
JPW Industries
JK Files
DUCK
JETECH
Excelta
Sinotools
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Hand Tools consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Hand Tools market by identifying its various subsegments.
Focuses on the key global Hand Tools manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Hand Tools with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Hand Tools submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Summary:
Get latest Market Research Reports on Hand Tools . Industry analysis & Market Report on Hand Tools is a syndicated market report, published as Global Hand Tools Market Growth 2019-2024. It is complete Research Study and Industry Analysis of Hand Tools market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.