Global Hand and Power Tools Market Growth 2023-2029

Global Hand and Power Tools Market Growth 2023-2029

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.
LPI (LP Information)' newest research report, the “Hand and Power Tools Industry Forecast” looks at past sales and reviews total world Hand and Power Tools sales in 2022, providing a comprehensive analysis by region and market sector of projected Hand and Power Tools sales for 2023 through 2029. With Hand and Power Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hand and Power Tools industry.
This Insight Report provides a comprehensive analysis of the global Hand and Power Tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Hand and Power Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hand and Power Tools market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hand and Power Tools and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Hand and Power Tools.
The global Hand and Power Tools market size is projected to grow from US$ 42130 million in 2022 to US$ 60860 million in 2029; it is expected to grow at a CAGR of 60860 from 2023 to 2029.
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 presents a comprehensive overview, market shares, and growth opportunities of Hand and Power Tools market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Hand Tools
Power Tools
Segmentation by application
Residential Applications
Construction Field
Industry Field
Gardening Field
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
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

Key Questions Addressed in this Report
What is the 10-year outlook for the global Hand and Power Tools market?
What factors are driving Hand and Power Tools market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hand and Power Tools market opportunities vary by end market size?
How does Hand and Power Tools break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.