Global Hand and Power Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
A hand tool is any tool that is not a Power Tools – 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.
A Power Tools is power equipment actuated by an additional power source like electric motors, engines or compressed air. Power Tools are widely used in daily life.
According to our (Global Info Research) latest study, the global Hand and Power Tools market size was valued at US$ 46820 million in 2023 and is forecast to a readjusted size of USD 65970 million by 2030 with a CAGR of 5.1% during review period.
Asia-Pacific has the largest global export quantity and manufacturers in Power Tool market. The largest market is China, accounting for about 47% in 2019. While the North America is the second sales volume market for Power Tool in 2019.
In the industry, Stanley Black&Decker (DeWalt) profits most in 2019(22.57%)and recent years, while the top 5 of manufacturing market concentration is Stanley Black&Decker (DeWalt), Bosch, TTI, Makita, and Snap-on,accounting for 58.57% of the total market.
Nowadays, there are two mainly types of Hand and Power Tools, including Hand Tools and Power Tools. And Power Tools is the main type for Hand and Power Tools, with a market share of 61.67% in 2019.
Tools market, the Industry Field holds a 60.22% market share in 2019, following by Construction Field(19.09%) and Residential Applications(10.15%).
This report is a detailed and comprehensive analysis for global Hand and Power Tools market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Hand and Power Tools market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030
Global Hand and Power Tools market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030
Global Hand and Power Tools market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030
Global Hand and Power Tools market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hand and Power Tools
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hand and Power Tools market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Stanley Black&Decker (DeWalt), Bosch, TTI, Makita, Snap-on, HiKOKI, Apex Tool Group, Emerson, Dongcheng, Klein Tools, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hand and Power Tools market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Hand Tools
Power Tools
Market segment by Application
Residential Applications
Construction Field
Industry Field
Gardening Field
Others
Major players covered
Stanley Black&Decker (DeWalt)
Bosch
TTI
Makita
Snap-on
HiKOKI
Apex Tool Group
Emerson
Dongcheng
Klein Tools
Hilti
DEVON (Chevron Group)
Festool
Ideal Industries
Positec Group
Knipex
Einhell
Wurth Group
Chicago Pneumatic
Jiangsu Jinding
C. & E. Fein
PHOENIX
Zhejiang Crown
Wiha
Tajima Tool
Channellock
KEN
Great Wall Precision
Akar Tools
JK Files
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hand and Power Tools product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hand and Power Tools, with price, sales quantity, revenue, and global market share of Hand and Power Tools from 2019 to 2024.
Chapter 3, the Hand and Power Tools competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hand and Power Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hand and Power Tools market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hand and Power Tools.
Chapter 14 and 15, to describe Hand and Power Tools sales channel, distributors, customers, research findings and conclusion.