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US Mechanical Hand Tools Market Research Report Forecast to 2030

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from $2,950 151 Pages Market Research Future September, 2023 RESFT18162030
Best Price Guarantee
Price from $2,950
Length 151 Pages
Publisher Market Research Future
Published Date September, 2023
SKU RESFT18162030

US Mechanical Hand Tools Market Research Report Forecast to 2030


US Mechanical Hand Tools Market Research Report Forecast to 2030


In recent years, the demand for mechanical hand tools has increased substantially back on the hefty demand generation from industrial and non-industrial sector. Key features of mechanical hand tools such as high durability and improved efficiency has raise its popularity and demand across the end users. This report has segmented the US mechanical hand tools market based on type, end user and distribution channel.

Mechanical hand tools are handy and efficient form of solutions predominantly used on daily basis for wide range of applications such as cutting, chopping, shaping, leveling, fitting, blocking, screwing and others. Based on applications these hand tools are used across industrial, commercial and residential sectors. Availability of customization and product level innovation of mechanical hand tools are gaining substantial traction in the United States market. The future growth outlook for US mechanical hand tools market seems astonishing as the demand generation from end use industries for wide range of mechanical hand tools is consistently rising.

The US mechanical hand tools market growth is expected to be driven by key factors such as increasing adoption of mechanical hand tools in end-used industries and rising investment in R&D sector by various players. However, factors such as the fluctuating raw material prices associated with hand tools and increased in safety risk and concerns due to improper use of hand tools are expected to restrict the market growth. On the other hand, factors such as increasing online sales and increasing woodwork and DIY activities poses lucrative opportunities for the US mechanical hand tools market during the forecast period.

Market Segmentation
Based on type, the US mechanical hand tools market has been segmented into spanners, vices/clamps, pliers/pincers, household tools, grease guns, wrenches, screwdrivers, hammers/sledge hammers, chisel/gauge, metal working tools, specialty tools, hydraulic jacks, mechanical jacks, sockets, stands and others. Based on end user, the US mechanical hand tools market has been segmented into industrial, commercial and residential.

Based on distribution channel, the US mechanical hand tools market has been segmented into supermarkets & hypermarkets, convenience store, specialty stores and online. The online segment is anticipated to drive the us mechanical hand tools market throughout the forecast period.

Major Players
Robert Bosch Tool Corporation, Stanley Black & Decker Inc, Snap-on, Metabowerke GmbH, Hilti Corporation, Klein Tools, Inc., Makita Corporation, Channellock, Wiha are the major players in the market.

Companies Mentioned
Robert Bosch Tool Corporation
Stanley Black & Decker Inc
Snap-on
Metabowerke GmbH
Hilti Corporation
Klein Tools
Inc.
Makita Corporation
Channellock
Wiha

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1 Executive Summary 16
1.1 Market Attractiveness Analysis 18
1.1.1 Us Mechanical Hand Tools, By Type 18
1.1.2 Us Mechanical Hand Tools, By End User 19
1.1.3 Us Mechanical Hand Tools, By Distribution Channel 20
2 Market Introduction 21
2.1 Definition 21
2.2 Scope Of The Study 21
2.3 Market Structure 22
3 Research Methodology 23
3.1 Research Process 23
3.2 Primary Research 24
3.3 Secondary Research 25
3.4 Market Size Estimation 26
3.5 Top-down And Bottom-up Approach 26
3.6 Forecast Model 27
3.7 List Of Assumptions 28
4 Market Dynamics 29
4.1 Introduction 29
4.2 Drivers 30
4.2.1 Increasing Adoption Of Mechanical Hand Tools In End-used Industries 30
4.2.2 Rising Investment In R&D Sector By Major Players 30
4.2.3 Drivers Impact Analysis 31
4.3 Restraint 31
4.3.1 Fluctuating Raw Material And Component Prices 31
4.3.2 Increased In Safety Risk And Concerns Due To Improper Use Of Hand Tools 31
4.3.3 Restraint Impact Analysis 32
4.4 Opportunity 32
4.4.1 Shifting Inclination Toward Online Purchasing Of Hand Tools Is Gaining Traction In
The Market 32
4.4.2 Increasing Woodwork And Diy Activities 33
4.5 Challenges 33
4.5.1 Lack Of All Dimension Hand Tool Designed For All Possible Area 33
4.5.2 Supply Chain Issues 33
5 Market Factor Analysis 34
5.1 Supply Chain Analysis 34
5.1.1 R&D 34
5.1.2 Raw Material Supply 35
5.1.3 Manufacturers 35
5.1.4 Distribution & Sales Channels 35
5.1.5 End User 35
5.2 Porter's Five Forces Model 36
5.2.1 Threat Of New Entrants 36
5.2.2 Bargaining Power Of Suppliers 37
5.2.3 Threat Of Substitutes 37
5.2.4 Bargaining Power Of Buyers 37
5.2.5 Intensity Of Rivalry 37
5.3 Impact Of Covid-19 Outbreaks On Us Mechanical Hand Tools Market 38
5.3.1 Impact On Production 38
5.3.2 Impact On Supply Chain 38
5.3.3 Impact On Pricing 38
5.3.4 Impact On Consumer Buying Behaviours 38
5.3.5 Impact On Online V/S Offline Sales 38
5.3.6 Others 39
5.4 Overview On Consumers’/Customer’s Insights 39
6 Us Mechanical Hand Tools Market, By Type 43
6.1 Overview 43
6.2 Spanners 45
6.3 Vices/Clamps 45
6.4 Pliers/Pincers 45
6.5 Household Tools 45
6.6 Grease Guns 46
6.7 Wrenches 46
6.8 Screwdrivers 46
6.9 Hammers/Sledge Hammers 46
6.10 Chisel/Gauges 47
6.11 Metal Working Tools 47
6.12 Specialty Tools 47
6.13 Hydraulic Jacks 47
6.14 Mechanical Jacks 48
6.15 Stands 48
6.16 Sockets 48
6.17 Others 49
7 Us Mechanical Hand Tools Market, By End User 50
7.1 Overview 50
7.2 Industrial 51
7.3 Commercial 51
7.4 Residential 52
8 Us Mechanical Hand Tools Market, By Distribution Channel 53
8.1 Overview 53
8.2 Supermarkets & Hypermarkets 54
8.3 Convenience Store 54
8.4 Speciality Stores 55
8.5 Online 55
9 Competitive Landscape 57
9.1 Overview 57
9.2 Competitive Benchmarking 58
9.3 Market Share Analysis 59
9.4 Key Developments In The Us Mechanical Hand Tools Market 59
9.4.1 Product Launch 59
9.4.2 Partnership 61
9.4.3 Expansion 61
9.4.4 Collaboration 62
10 Company Profiles (Manufacturers) 63
10.1 Robert Bosch Tool Corporation 63
10.1.1 Company Overview 63
10.1.2 Financial Overview 64
10.1.3 Products Offered 64
10.1.4 Key Developments 66
10.1.5 Swot Analysis 66
10.1.6 Key Strategies 67
10.2 Stanley Black & Decker Inc 68
10.2.1 Company Overview 68
10.2.2 Financial Overview 69
10.2.3 Products Offered 69
10.2.4 Key Developments 74
10.2.5 Swot Analysis 75
10.2.6 Key Strategies 75
10.3 Snap-on 76
10.3.1 Company Overview 76
10.3.2 Financial Overview 77
10.3.3 Products Offered 78
10.3.4 Key Developments 79
10.3.5 Swot Analysis 79
10.3.6 Key Strategies 80
10.4 Metabowerke Gmbh 81
10.4.1 Company Overview 81
10.4.2 Financial Overview 81
10.4.3 Products Offered 81
10.4.4 Key Developments 82
10.4.5 Swot Analysis 83
10.4.6 Key Strategies 83
10.5 Hilti Corporation 84
10.5.1 Company Overview 84
10.5.2 Financial Overview 84
10.5.3 Products Offered 85
10.5.4 Key Developments 85
10.5.5 Swot Analysis 86
10.5.6 Key Strategies 86
10.6 Klein Tools, Inc. 87
10.6.1 Company Overview 87
10.6.2 Financial Overview 87
10.6.3 Products Offered 87
10.6.4 Key Developments 88
10.6.5 Swot Analysis 89
10.6.6 Key Strategies 89
10.7 Dewalt 90
10.7.1 Company Overview 90
10.7.2 Financial Overview 90
10.7.3 Products Offered 90
10.7.4 Key Developments 91
10.7.5 Swot Analysis 91
10.7.6 Key Strategies 92
10.8 Makita Corporation 93
10.8.1 Company Overview 93
10.8.2 Financial Overview 94
10.8.3 Products Offered 94
10.8.4 Key Developments 95
10.8.5 Swot Analysis 96
10.8.6 Key Strategies 96
10.9 Channellock 97
10.9.1 Company Overview 97
10.9.2 Financial Overview 97
10.9.3 Products Offered 97
10.9.4 Key Developments 97
10.9.5 Key Strategies 97
10.10 Wiha Tools 98
10.10.1 Company Overview 98
10.10.2 Financial Overview 98
10.10.3 Products Offered 98
10.10.4 Key Developments 99
10.10.5 Swot Analysis 99
10.10.6 Key Strategies 99
10.11 Craftsman 100
10.11.1 Company Overview 100
10.11.1 Financial Overview 100
10.11.2 Products Offered 100
10.11.3 Key Developments 101
10.11.4 Swot Analysis 102
10.11.5 Key Strategy 102
10.12 Lowe’s 103
10.12.1 Company Overview 103
10.12.2 Financial Overview 104
10.12.3 Products Offered 104
10.12.4 Key Developments 105
10.12.5 Swot Analysis 106
10.12.6 Key Strategies 106
10.13 Hangzhou Great Star Industrial Co., Ltd 107
10.13.1 Company Overview 107
10.13.2 Financial Overview 108
10.13.3 Products Offered 108
10.13.4 Key Developments 109
10.13.5 Swot Analysis 109
10.13.6 Key Strategies 109
10.14 Apex Tool Group 110
10.14.1 Company Overview 110
10.14.2 Financial Overview 110
10.14.3 Products Offered 110
10.14.4 Key Developments 111
10.14.5 Swot Analysis 112
10.14.6 Key Strategies 112
10.15 Js Products, Inc. 113
10.15.1 Company Overview 113
10.15.2 Financial Overview 113
10.15.3 Products Offered 113
10.15.4 Key Developments 114
10.15.5 Key Strategies 114
11 Company Profiles (Suppliers/Distributors) 115
11.1 O’reilly Auto Parts 115
11.1.1 Company Overview 115
11.1.2 Financial Overview 116
11.1.3 Products Offered 117
11.1.4 Key Developments 118
11.1.5 Swot Analysis 119
11.1.6 Key Strategy 119
11.2 Autozone, Inc. 120
11.2.1 Company Overview 120
11.2.2 Financial Overview 120
11.2.3 Products Offered 121
11.2.4 Key Developments 122
11.2.5 Swot Analysis 122
11.2.6 Key Strategies 123
11.3 Advanced Tools 124
11.3.1 Company Overview 124
11.3.2 Financial Overview 124
11.3.3 Products Offered 124
11.3.4 Key Developments 125
11.3.5 Swot Analysis 126
11.3.6 Key Strategies 126
11.4 Napa 127
11.4.1 Company Overview 127
11.4.2 Financial Overview 127
11.4.3 Products Offered 127
11.4.4 Key Developments 128
11.4.5 Swot Analysis 129
11.4.6 Key Strategies 129
11.5 Walmart 130
11.5.1 Company Overview 130
11.5.2 Financial Overview 131
11.5.3 Products Offered 132
11.5.4 Key Developments 133
11.5.5 Key Strategies 134
11.6 Menards 135
11.6.1 Company Overview 135
11.6.2 Financial Overview 135
11.6.3 Products Offered 135
11.6.4 Key Developments 136
11.6.5 Swot Analysis 137
11.6.6 Key Strategies 137
11.7 Harbor Freight 138
11.7.1 Company Overview 138
11.7.2 Financial Overview 138
11.7.3 Products Offered 138
11.7.4 Key Developments 139
11.7.5 Swot Analysis 140
11.7.6 Key Strategies 140
11.8 Bdi 141
11.8.1 Company Overview 141
11.8.2 Financial Overview 141
11.8.3 Products Offered 141
11.8.4 Key Developments 142
11.8.5 Swot Analysis 142
11.8.6 Key Strategy 143
11.9 Lowell Corporation 144
11.9.1 Company Overview 144
11.9.2 Financial Overview 144
11.9.3 Products Offered 144
11.9.4 Key Developments 145
11.9.5 Swot Analysis 145
11.9.6 Key Strategies 145
11.10 The Home Depot 146
11.10.1 Company Overview 146
11.10.2 Financial Overview 147
11.10.3 Products Offered 147
11.10.4 Key Developments 149
11.10.5 Swot Analysis 149
11.10.6 Key Strategy 150
List Of Tables
Table 1 List Of Assumptions 28
Table 2 Us Mechanical Hand Tools Market, By Type 2018–2030 (Usd Million) 49
Table 3 Us Mechanical Hand Tools Market, By End User 2018–2030 (Usd Million) 52
Table 4 Us Mechanical Hand Tools Market, By Distribution Channel 2018–2030 (Usd Million) 55
Table 5 Product Launch 59
Table 6 Partnership 61
Table 7 Expansion 61
Table 8 Collaboration 62
Table 9 Robert Bosch Tool Corporation: Products Offered 64
Table 10 Robert Bosch Tool Corporation: Key Developments 66
Table 11 Stanley Black & Decker Inc: Products Offered 69
Table 12 Stanley Black & Decker Inc: Key Development 74
Table 13 Snap-on: Products Offered 78
Table 14 Snap-on: Key Development 79
Table 15 Metabowerke Gmbh: Products Offered 81
Table 16 Hilti Corporation: Products Offered 85
Table 17 Hilti Corporation: Key Development 85
Table 18 Klein Tools, Inc.: Products Offered 87
Table 19 Klein Tools, Inc.: Key Development 88
Table 20 Dewalt: Products Offered 90
Table 21 Dewalt: Key Development 91
Table 22 Makita Corporation: Products Offered 94
Table 23 Channellock: Products Offered 97
Table 24 Wiha Tools: Products Offered 98
Table 25 Wiha Tools: Key Development 99
Table 26 Craftsman: Products Offered 100
Table 27 Craftsman: Key Developments 101
Table 28 Lowe’s: Products Offered 104
Table 29 Lowe’s: Key Developments 105
Table 30 Hangzhou Great Star Industrial Co., Ltd: Products Offered 108
Table 31 Hangzhou Great Star Industrial Co., Ltd: Key Developments 109
Table 32 Apex Tool Group: Products Offered 110
Table 33 Apex Tool Group: Key Developments 111
Table 34 Js Products, Inc.: Products Offered 113
Table 35 Js Products, Inc.: Key Developments 114
Table 36 O’reilly Auto Parts: Products Offered 117
Table 37 O’reilly Auto Parts: Key Developments 118
Table 38 Autozone, Inc.: Products Offered 121
Table 39 Autozone, Inc.: Key Developments 122
Table 40 Advanced Tools: Products Offered 124
Table 41 Napa: Products Offered 127
Table 42 Walmart: Products Offered 132
Table 43 Walmart: Key Development 133
Table 44 Menards: Products Offered 135
Table 45 Harbor Freight: Products Offered 138
Table 46 Harbor Freight: Key Developments 139
Table 47 Bdi: Products Offered 141
Table 48 Lowell Corporation: Products Offered 144
Table 49 The Home Depot: Products Offered 147
Table 50 The Home Depot: Key Developments 149
List Of Figures
Figure 1 Market Synopsis 17
Figure 2 Us Mechanical Hand Tools Analysis Market, By Type 18
Figure 3 Us Mechanical Hand Tools Analysis Market, By End User 19
Figure 4 Us Mechanical Hand Tools Analysis Market, By Distribution Channel 20
Figure 5 Us Mechanical Hand Tools Market: Market Structure 22
Figure 6 Research Process Of Mrfr 23
Figure 7 Market Dynamics: Us Mechanical Hand Tools Market 29
Figure 8 Drivers: Impact Analysis: Us Mechanical Hand Tools Market 31
Figure 9 Restraint Impact Analysis: Us Mechanical Hand Tools Market 32
Figure 10 Supply Chain Analysis: Us Mechanical Hand Tools Market 34
Figure 11 Porter's Five Forces Analysis: Us Mechanical Hand Tools Market 36
Figure 12 Us Mechanical Hand Tools Market, By Type, 2021 (% Share) 44
Figure 13 Us Mechanical Hand Tools Market, By Type, 2018–2030 (Usd Million) 44
Figure 14 Us Mechanical Hand Tools Market, By End User, 2021 (% Share) 50
Figure 15 Us Mechanical Hand Tools Market, By End User, 2018–2030 (Usd Million) 51
Figure 16 Us Mechanical Hand Tools Market, By Distribution Channel, 2021 (% Share) 53
Figure 17 Us Mechanical Hand Tools Market, By Distribution Channel, 2018–2030 (Usd Million) 54
Figure 18 Benchmarking Of Major Competitors 58
Figure 19 Us Mechanical Hand Tools Market Share Analysis, 2021 % 59
Figure 20 Robert Bosch Tool Corporation: Financial Overview Snapshot 64
Figure 21 Robert Bosch Tool Corporation: Swot Analysis 66
Figure 22 Stanley Black & Decker Inc: Financial Overview Snapshot 69
Figure 23 Stanley Black & Decker Inc: Swot Analysis 75
Figure 24 Snap-on: Financial Overview Snapshot 77
Figure 25 Snap-on: Swot Analysis 79
Figure 26 Metabowerke Gmbh: Swot Analysis 83
Figure 27 Hilti Corporation: Financial Overview Snapshot 84
Figure 28 Hilti Corporation: Swot Analysis 86
Figure 29 Klein Tools, Inc.: Swot Analysis 89
Figure 30 Dewalt: Swot Analysis 91
Figure 31 Makita Corporation: Financial Overview Snapshot 94
Figure 32 Makita Corporation: Swot Analysis 96
Figure 33 Wiha Tools: Swot Analysis 99
Figure 34 Craftsman: Financial Overview Snapshot 100
Figure 35 Craftsman: Swot Analysis 102
Figure 36 Lowe’s: Financial Overview Snapshot 104
Figure 37 Hangzhou Great Star Industrial Co., Ltd: Financial Overview Snapshot 108
Figure 38 Hangzhou Great Star Industrial Co., Ltd: Swot Analysis 109
Figure 39 Apex Tool Group: Financial Overview Snapshot 110
Figure 40 Apex Tool Group: Swot Analysis 112
Figure 41 Js Products, Inc.: Financial Overview Snapshot 113
Figure 42 O’reilly Auto Parts: Financial Overview Snapshot 116
Figure 43 O’reilly Auto Parts: Swot Analysis 119
Figure 44 Autozone, Inc.: Financial Overview Snapshot 120
Figure 45 Advanced Tools: Swot Analysis 126
Figure 46 Napa: Swot Analysis 129
Figure 47 Walmart: Financial Overview Snapshot 131
Figure 48 Walmart: Swot Analysis 133
Figure 49 Bdi: Swot Analysis 142
Figure 50 The Home Depot: Financial Overview Snapshot 147
Figure 51 The Home Depot: Swot Analysis 149

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