Discover the Mechanical Hand Tools market research

Pune, India, 2017-Jul-06 — /EPR Network/ —

Mechanical hand tools are used in various technological process such as commercial and industrial sector. Mechanical hand tools are designed in such a way that it fulfils the task that is to be performed. They are manufactured by using highest grade materials, that ensures efficient and adhere to tolerance. The current manufacturing techniques require proper understanding of ergonomic design, tool shape, handles to improve grip possibilities and strength, and vibration health effects reducing injuries. The factor that are responsible for growth of mechanical hand tools market are growth in construction industry, growth in the furniture market, and increase use of capital goods in households. Mechanical hand tools are widely used in the construction industry. The rise in the manufacturing plants in which the hand tools are majorly used, will lead to the growth of this market.

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Market Research Analysis
North America is expected to account for the largest market of mechanical hand tool due to growth in the construction industry. The industrial sector is expected to grow and would increase in demand for professional hand tools kit, thus leading to the growth of the market. The growth of the U.S. construction industry, has been revived due to the federal policies such as reduced corporate tax, and will be retained in the future. Asia-Pacific is the second largest market that is expected to grow during the forecast period due to growth in the emerging economies and growing infrastructure. The global mechanical hand tools market is expected to grow at a CAGR of 3.67 % during the forecast period.

Scope of the Report
This study provides an overview of the global mechanical hand tools market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global mechanical hand tools market by its type, application, and by region.

By Types

• Edge Tools
• Hand Service Tools
• Handsaw
• Others

By Application

• Construction Industry
• Decoration Industry
• Household Application

By Region

• North America
• Europe
• Asia Pacific
• Rest of the World

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The major players operating in this market, who have adopted these strategies, are

• Robert Bosch Tool Corporation (U.S)
• Stanley Black & Decker, Inc (U.S.)
• Snap-on (U.S.)
• TOYA SA (Poland)
• Metabowerke GmbH (Germany)
• Hilti Corporation (Liechtenstein)
• Techtronic Industries Co. Ltd (TTI) (Hong Kong)
• Makita Corporation (U.S.)
• Wurth Group (Germany)
• Klein Tools (U.S.)

The report for Global Mechanical Hand Tools Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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Table of Contents

1    Executive Summary    12

2    Introduction    14

2.1    Definition    14

2.2    Scope of the Study    14

2.3    Assumptions    14

2.4    Market Structure    15

3    Research Methodology    16

3.1    Research Process    16

3.2    Primary Research    17

3.3    Secondary Research    17

3.4    Market Size Estimation    17

4    Market Dynamics    20

4.1    Introduction    20

4.2    Impact Analysis    20

4.3    Market Drivers    21

4.3.1    growth in construction industry    21

4.3.2    Growth in the furniture market    21

4.3.3    Increase use of capital goods in households    22

4.4    Restraints    22

4.4.1    Power Tools Replacing Traditional Hand Tools    22

4.4.2    Fluctuation In Raw Material Prices    23

4.5    Opportunities    23

4.5.1    Broader Scope In Developing Nation    23

5    Market Factor Analysis    24

5.1    Porter’s Five Forces Analysis    24

5.1.1    Threat of New Entrants    24

5.1.2    Bargaining Power of Suppliers    24

5.1.3    Bargaining Power of Buyers    25

5.1.4    Threat of Substitutes    25

5.1.5    Rivalry    25

5.2    Supply Chain Analysis    25

6    Global mechanical Hand Tools Market, By Type    27

6.1    Overview    27

6.1.1    Edge Tools    29

6.1.2    Hand service tools    29

6.1.3    Handsaw    29

6.1.4    Other    29

7    Global Mechanical Hand Tools Market, By Application    30

7.1    Overview    31

7.1.1    Construction Industry    32

7.1.2    Decoration Industry    32

7.1.3    Household Application    32

8    Global Mechanical Hand Tools Market, By Region    33

8.1    Introduction    34

8.2    North America    35

8.2.1    US    37

8.2.2    Canada    38

8.3    Europe    40

8.3.1    Germany    42

8.3.2    UK    44

8.3.3    France    45

8.3.4    Italy.    47

8.3.5    Rest of Europe    48

8.4    Asia-Pacific    50

8.4.1    China    52

8.4.2    Japan    54

8.4.3    India    55

8.4.4    Rest of Asia-Pacific    57

8.5    Rest of the World    58

8.5.1    Latin America    61

8.5.2    Middle East & Africa    62

9    Competitive Scenario    64

9.1    Overview    64

9.1.1    Merger & Acquisition    65

9.1.2    Product Development    65

10    Company Profiles    66

10.1    Robert Bosch Tool Corporation    66

10.1.1    Company Overview    66

10.1.2    Financial Overview    66

10.1.3    Product/Service Offering    67

10.1.4    Strategy    67

10.2    Stanley Black & Decker, Inc.    69

10.2.1    Company Overview    69

10.2.2    Financial Overview    69

10.2.3    Product/Service Offering    70

10.2.4    Strategy    71

10.2.5    Strategic Development    71

10.3    Snap-on    73

10.3.1    Company Overview    73

10.3.2    Financial Overview    73

10.3.3    Product/Service Offering    74

10.3.4    Strategy    74

10.3.5    Chart: Strategic Development    74

10.4    TOYA SA    76

10.4.1    Company Overview    76

10.4.2    Financial Overview    76

10.4.3    Product/Service Offering    77

10.4.4    Strategy    78

10.5    Metabowerke GmbH    79

10.5.1    Company Overview    79

10.5.2    Financial Overview    79

10.5.3    Product/Service Offering    80

10.5.4    Strategy    80

10.6    Hilti Corporation    81

10.6.1    Company Overview    81

10.6.2    Financial Overview    81

10.6.3    Product/Service Offering    82

10.6.4    Strategy    82

10.7    Techtronic Industries Co. Ltd(TTI)    84

10.7.1    Company Overview    84

10.7.2    Financial Overview    84

10.7.3    Product/Service Offering    85

10.7.4    Strategy    86

10.8    Makita Corporation    87

10.8.1    Company Overview    87

10.8.2    Financial Overview    87

10.8.3    Product/Service Offering    88

10.8.4    Strategy    88

10.9    Wurth Group    89

10.9.1    Company Overview    89

10.9.2    Financial Overview    89

10.9.3    Product/Service Offering    90

10.9.4    Strategy    90

10.10    Klein Tools    91

10.10.1    Company Overview    91

10.10.2    Financial Overview    91

10.10.3    Product/ Service Offering    92

10.10.4    Strategy    92

11    Conclusion    93

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