Global Power and Hand Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Power and Hand Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Power and Hand Tools market size was valued at USD 44320 million in 2023 and is forecast to a readjusted size of USD 54380 million by 2030 with a CAGR of 3.0% during review period.

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.

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%).

The Global Info Research report includes an overview of the development of the Power and Hand Tools industry chain, the market status of Construction Industry (Drill Machine, Circular Saw), Manufacturing Industry (Drill Machine, Circular Saw), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Power and Hand Tools.

Regionally, the report analyzes the Power and Hand Tools markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Power and Hand Tools market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Power and Hand Tools market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Power and Hand Tools industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Drill Machine, Circular Saw).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Power and Hand Tools market.

Regional Analysis: The report involves examining the Power and Hand Tools market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Power and Hand Tools market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Power and Hand Tools:

Company Analysis: Report covers individual Power and Hand Tools manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Power and Hand Tools This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Construction Industry, Manufacturing Industry).

Technology Analysis: Report covers specific technologies relevant to Power and Hand Tools. It assesses the current state, advancements, and potential future developments in Power and Hand Tools areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Power and Hand Tools market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Power and Hand 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.

Market segment by Type
Drill Machine
Circular Saw
Crusher
Heat Gun
Disc Sander
Jackhammer
Angle Grinder
Nail Gun

Market segment by Application
Construction Industry
Manufacturing Industry
Technical Services
Maintenance Industry

Major players covered
Actuant
AIMCO
Alltrade Tools
AMES
Ancor
Apex Tool
Atlas Copco
Black & Decker
Stanley Black & Decker
Bosch
Channellock
Chervon
Chicago Pneumatic Tool
Danaher
Daniels Manufacturin
Del City Wire
DEPRAG-Schulz
DeWALT Industrial Tools
E&R Industrial Sales

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 Power and Hand Tools product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Power and Hand Tools, with price, sales, revenue and global market share of Power and Hand Tools from 2019 to 2024.

Chapter 3, the Power and Hand Tools competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Power and Hand 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 application, with sales market share and growth rate by type, 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 2017 to 2023.and Power and Hand Tools market forecast, by regions, type and 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 Power and Hand Tools.

Chapter 14 and 15, to describe Power and Hand Tools sales channel, distributors, customers, research findings and conclusion.