Power-Driven Handtool Manufacturing

Power-Driven Handtool Manufacturing

Brief Excerpt from Industry Overview Chapter:

Companies in this industry manufacture power-driven hand tools (battery, corded, and pneumatic). Top companies include Emerson Electric, Snap-On, and Stanley Black & Decker (all based in the US), as well as Hilti (Liechtenstein), HIKOKI and Makita (both in Japan), Positec (China), Robert Bosch (Germany), and Techtronic Industries (Hong Kong).

COMPETITIVE LANDSCAPE

Demand is driven by consumer spending and construction activity. The profitability of individual companies depends on effective marketing, efficient production, and product innovation. Large companies have economies of scale in purchasing and production. Small firms can compete by making specialty products. The US power tool manufacturing industry is highly concentrated: the top 50 companies account for more than 95% of industry revenue.

PRODUCTS, OPERATIONS & TECHNOLOGY

Major products of power-driven handtool manufacturers include power-driven and internal combustion engine driven handtools that account for more than 40%, followed by parts, attachments, and accessories at about 30%. Other products include pneumatic percussion handtools, electric power-driven handtools, and battery-powered electric-powered handtools.