Global Mechanical Hand Tools market Research Report- Forecast 2023

The rise in the number of manufacturing plants, increase in demand for professional hand tools kit and demand for wooden furniture are some of the factors which will help to push the market towards growth.

Reference: 180095
Price: $4,450.00
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General

Publisher:
Market Research Future
Geography Covered
Global
Publication Date
Jun. 2017
Pages
94
Version:
2017
Language
  • English
  • Chinese
Format
License

Report Description
Introduction
Mechanical hand tools are widely used in the construction industry. The rise in the number of manufacturing plants, increase in demand for professional hand tools kit and demand for wooden furniture are some of the factors which will help to push the market towards growth. The need for mechanical hand tools is gradually rising owing to factors such as, growing demand from construction industry coupled with increasing industrialization, growing application industries, increasing demand from household applications and among others. Mechanical hand tools are widely used in the construction industry. The rise in the number of manufacturing plants, where hand tools are majorly used, will lead to the growth of mechanical hand tool market. 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. On the other hand, the need for hand tools is likely to increase with the increase in the demand for wooden furniture. The key factors responsible for the growth of the furniture market is growth in construction and renovation activities. Increase in the number of single-person and two person households, has resulted in the increase in demand for small and convenient furniture.
The market has been analyzed based on the three segments of types, application and end-use in the regions of North America, Europe, APAC and Rest of the World. On the basis of type, it has further been segmented as edge tools, hand service tools, handsaw and other. Hand service tools accounted for the largest market share of 36.80% in 2016, with a market value of USD 5,904.2 million. On the basis of application, the segments include construction industry, decoration industry and household application. Construction industry is responsible for major investment and contributes to the economic development of the economy.
This market was valued at USD 16,044.1 million in 2016 and is poised to reach USD 20,516.3 million with a CAGR of 3.67% during the forecast period.
Regional Analysis
Geographically, North America has emerged as the leading market for mechanical hand tools market consuming around 35.3% market share in 2016. US is one of the leading country in terms of consumption owing to the rising construction sites and rapid industrialization. Asia-Pacific region has registered itself as the fastest growing region with a CAGR of 4.00% during forecast period. Whereas Europe stood on third rank in terms of value.
Key Players
We recognize the key players in the global mechanical hand tools market as 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.) and others.
Objective of the Report
• To provide detailed analysis of the market structure along with forecast for the next 6 years of various segments and sub-segments of the mechanical hand tool market
• To provide insights about factors affecting the market growth
• To analyze the global mechanical hand tool market based on various tools such as Value Chain Analysis, and Porter’s Five Forces Analysis
• To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
• To provide country level analysis of the market with respect to the current market size and future prospective
• To provide country level analysis of the market for segments by type, application and region
• To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
• To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the mechanical hand tool market

Target Audience
• Organizations
• Manufacturer
• Research Institute / Education Institute
• Potential Investors

Key Findings
• Hand Service Tools segment expected to witness growth in global mechanical hand tools market with share of 36.8% in 2016, in terms of value. It is expected to grow at 4.15% CAGR during the forecast period
• Construction industry segment is expected to witness highest growth of 3.81% CAGR from 2017 to 2023
• North America dominate the global mechanical hand tools market with a share of 35.3% in 2016, in terms of value. It is expected to grow at a CAGR of 3.50% during the forecast period

The report also covers country level analysis:
• North America
o US
o Canada
• Europe
o Germany
o UK
o France
o Italy
o Rest of Europe
• Asia-Pacific
o China
o Japan
o India
o Rest of Asia-Pacific
• Rest of the World
o Latin America
o Middle East & Africa

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

TABLE 1 GLOBAL MECHANICAL HAND TOOLS MARKET, BY TYPE , 2015 TO 2023 (USD MILLION) 28
TABLE 2 GLOBAL MECHANICAL HAND TOOLS MARKET, BY APPLICATION, 2015 TO 2023 (USD MILLION) 32
TABLE 3 GLOBAL MECHANICAL HAND TOOLS MARKET, BY REGION, 2015-2023 (USD MILLION) 35
TABLE 4 NORTH AMERICA MECHANICAL HAND TOOLS MARKET, BY COUNTRY 2015-2023 (USD MILLION) 36
TABLE 5 NORTH AMERICA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 36
TABLE 6 NORTH AMERICA MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 37
TABLE 7 US MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 37
TABLE 8 US MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 38
TABLE 9 CANADA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 39
TABLE 10 CANADA MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 39
TABLE 11 EUROPE MECHANICAL HAND TOOLS MARKET, BY COUNTRY 2015-2023 (USD MILLION) 40
TABLE 12 EUROPE MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 41
TABLE 13 EUROPE MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 42
TABLE 14 GERMANY MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 43
TABLE 15 GERMANY MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 43
TABLE 16 UK MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 44
TABLE 17 UK MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 45
TABLE 18 FRANCE MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 46
TABLE 19 FRANCE MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 46
TABLE 20 ITALY MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 47
TABLE 21 ITALY MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 48
TABLE 22 REST OF EUROPE MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 49
TABLE 23 REST OF EUROPE MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 49
TABLE 24 ASIA-PACIFIC MECHANICAL HAND TOOLS MARKET, BY COUNTRY 2015-2023 (USD MILLION) 51
TABLE 25 ASIA-PACIFIC MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 51
TABLE 26 ASIA-PACIFIC MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 52
TABLE 27 CHINA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 53
TABLE 28 CHINA MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 53
TABLE 29 JAPAN MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 54
TABLE 30 JAPAN MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 55
TABLE 31 INDIA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 56
TABLE 32 INDIA MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 56
TABLE 33 REST OF ASIA-PACIFIC MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 57
TABLE 34 REST OF ASIA-PACIFIC MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 58
TABLE 35 ROW MECHANICAL HAND TOOLS MARKET, BY REGION 2015-2023 (USD MILLION) 59
TABLE 36 ROW MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 60
TABLE 37 ROW MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 60
TABLE 38 LATIN AMERICA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 61
TABLE 39 LATIN AMERICA MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 62
TABLE 40 MIDDLE EAST & AFRICA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 63
TABLE 41 MIDDLE EAST & AFRICA MECHANICAL HAND TOOLS MARKET, BY APPLICATION 2015-2023 (USD MILLION) 63

FIGURE 1 RESRARCH PROCESS OF MRFR 16
FIGURE 2 TOP DOWN & BOTTOM DOWN APPROACH 18
FIGURE 3 FORECAST MODEL 19
FIGURE 4 MARKET DYNAMICS 20
FIGURE 5 IMPACT ANALYSIS 20
FIGURE 6 GROWTH OF US CONSTRUCTION INDUSTRY FROM FY2011 TILL FY2015 (USD BILLION) 21
FIGURE 7 GROWTH OF U.S. OFFICE FURNITURE MARKET (USD MILLION) 22
FIGURE 8 PORTER'S FIVE FORCES ANALYSIS 24
FIGURE 9 SUPPLY CHAIN ANALYSIS 25
FIGURE 10 GLOBAL MECHANICAL HAND TOOLS MARKET, BY TYPE, 2016 (%) 27
FIGURE 11 GLOBAL MECHANICAL HAND TOOLS MARKET, BY TYPE , 2015 TO 2023 (USD MILLION) 28
FIGURE 12 GLOBAL MECHANICAL HAND TOOLS MARKET, BY APPLICATION, 2016 (%) 31
FIGURE 13 GLOBAL MECHANICAL HAND TOOLS MARKET, BY APPLICATION, 2015 TO 2023 (USD MILLION) 31
FIGURE 14 GLOBAL MECHANICAL HAND TOOLS MARKET SHARE (%), BY REGION, 2016 34
FIGURE 15 GLOBAL MECHANICAL HAND TOOLS MARKET, BY REGION, 2015-2023 (USD MILLION) 34
FIGURE 16 NORTH AMERICA MECHANICAL HAND TOOLS MARKET SHARE (%), 2016 35
FIGURE 17 NORTH AMERICA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 36
FIGURE 18 US MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 37
FIGURE 19 CANADA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 38
FIGURE 20 EUROPE MECHANICAL HAND TOOLS MARKET SHARE (%), 2016 40
FIGURE 21 EUROPE MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 41
FIGURE 22 GERMANY MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 42
FIGURE 23 UK MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 44
FIGURE 24 FRANCE MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 45
FIGURE 25 ITALY MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 47
FIGURE 26 REST OF EUROPE MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 48
FIGURE 27 ASIA-PACIFIC MECHANICAL HAND TOOLS MARKET SHARE (%), 2016 50
FIGURE 28 ASIA-PACIFIC MECHANICAL HAND TOOLS MARKET, BY COUNTRY 2015-2023 (USD MILLION) 50
FIGURE 29 CHINA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 52
FIGURE 30 JAPAN MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 54
FIGURE 31 INDIA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 55
FIGURE 32 REST OF ASIA-PACIFIC MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 57
FIGURE 33 ROW MECHANICAL HAND TOOLS MARKET SHARE (%), 2016 58
FIGURE 34 ROW MECHANICAL HAND TOOLS MARKET, BY REGION 2015-2023 (USD MILLION) 59
FIGURE 35 LATIN AMERICA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 61
FIGURE 36 MIDDLE EAST & AFRICA MECHANICAL HAND TOOLS MARKET, BY TYPE 2015-2023 (USD MILLION) 62
FIGURE 37 GROWTH STRATEGIES ADOPTED BY KEY PLAYERS IN GLOBAL MECHANICAL HAND TOOLS MARKET, 2015-2017, (%) 64
FIGURE 38 MERGER & ACQUISITION: (%) SHARE BY KEY PLAYERS, 2015-2017, (%) 65
FIGURE 39 ROBERT BOSCH GMBH: TOTAL REVENUE 66
FIGURE 40 ROBERT BOSCH GMBH: GEOGRAPHIC REVENUE MIX, 2016 (%) 67
FIGURE 41 ROBERT BOSCH TOOL CORPORATION: SWOT ANALYSIS 68
FIGURE 42 STANLEY BLACK & DECKER, INC.: TOTAL REVENUE VS SEGMENTAL REVENUE (TOOLS & STORAGE) 69
FIGURE 43 STANLEY BLACK & DECKER, INC: GEOGRAPHIC REVENUE MIX, 2016 (%) 70
FIGURE 44 STANLEY BLACK & DECKER, INC.: SWOT ANALYSIS 72
FIGURE 45 SNAP-ON: TOTAL REVENUE AND SEGMENTAL REVENUE (TOOLS) 73
FIGURE 46 SNAP-ON: GEOGRAPHICAL REVENUE MIX, 2016 (%) 74
FIGURE 47 SNAP-ON: SWOT ANALYSIS 75
FIGURE 48 TOYA SA: TOTAL REVENUE 76
FIGURE 49 TOYA SA: SWOT ANALYSIS 78
FIGURE 50 METABOWERKE GMBH: TOTAL REVENUE 79
FIGURE 51 METABOWERKE GMBH: GEOGRAPHIC REVENUE MIX, 2016 (%) 80
FIGURE 52 HILTI CORPORATION: TOTAL REVENUE VS SEGMENTAL REVENUE (FASTENING & PROTECTION SYSTEMS) 81
FIGURE 53 HILTI CORPORATION: GEOGRAPHIC REVENUE MIX, 2016 (%) 82
FIGURE 54 HILTI CORPORATION: SWOT ANALYSIS 83
FIGURE 55 TECHTRONIC INDUSTRIES CO. LTD (TTI): TOTAL REVENUE VS SEGMENTAL REVENUE (POWER EQUIPMENT) 84
FIGURE 56 TECHTRONIC INDUSTRIES CO. LTD (TTI): GEOGRAPHICAL REVENUE MIX, 2016 (%) 85
FIGURE 57 MAKITA CORPORATION: TOTAL REVENUE VS SEGMENTAL REVENUE (GARDENING EQUIPMENT, HOUSEHOLD AND OTHER PRODUCTS) 87
FIGURE 58 MAKITA CORPORATION: GEOGRAPHIC REVENUE MIX, 2016 (%) 88
FIGURE 59 WURTH GROUP: TOTAL REVENUE VS SEGMENTAL REVENUE (TOOLS UNIT) 89
FIGURE 60 WURTH GROUP: GEOGRAPHICAL REVENUE MIX, 2016 (%) 90
FIGURE 61 KLEIN TOOLS: KEY DEVELOPMENTS, 2015-2017 (%) 91

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