NEW YORK, Aug. 30, 2012 /PRNewswire/ -- Reportlinker.com announces that a new market research report is available in its catalogue:
US Power & Hand Tools Markethttp://www.reportlinker.com/p099483/US-Power--Hand-Tools-Market.html#utm_source=prnewswire&utm_medium=pr&utm_campaign=DIY_and_Garden_Equipment
US demand to rise 4.8% annually through 2016
Demand for power and hand tools in the US is forecast to expand 4.8 percent per year to $13.1 billion in 2016, a turnaround from declines recorded during the 2006-2011 period. Growth will benefit in large part from a recovering construction environment, specifically a rebound in housing starts. The continued popularity of DIY and home remodeling activities among consumers will provide additional sales opportunities. Furthermore, the improved US manufacturing environment will support gains. However, intense price competition in nearly every category of tools will serve to restrain advances. Additionally, distribution channels of power and hand tools continue to evolve, as electronic commerce has become a significant factor in this industry.
Power tools to continue outpacing hand tools
Demand gains for power tools will continue to outperform those for hand tools, as power tools benefit from greater capacity for innovation, especially among cordless electric tools. For instance, lithium-ion batteries are becoming increasingly prominent in cordless tools, as they offer a lighter weight and longer run time than the nickel-based batteries they replace. Increases in the hand tool market are ultimately limited by their inherently simple design, which allows for only modest improvements and pricing increases. In addition, many hand tools are designed to last decades, restraining opportunities for replacement sales.
Professional demand to outpace consumer market
Professional demand will outpace consumer gains through 2016, due to a rebound in housing starts and increases in manufacturing output. Professionals typically use tools on a daily basis and, as a result, must replace tools more frequently. Professionals are often willing to pay more for higher quality tools, since the initial investment will pay off over the long run through better performance and longer tool life. Tool demand among consumers will also record strong growth. Consumers are more likely to purchase tools based on price, and rarely require more expensive hydraulic and pneumatic types. Consumer demand is tied to individual participation in home maintenance and repair, various hobbies, and other diverse factors.
Study coverage
This upcoming study presents historical demand data (2001, 2006, and 2011) plus forecasts for the years 2016 and 2021 for electric, pneumatic, engine-driven, hydraulic, and powder-actuated power tools, as well as hand service tools, edge tools, handoperated saws, and other manual hand tools. Also included are separately sold parts and attachments used in conjunction with power and hand tools, such as drill bits and saw blades. In addition, the study considers market environment factors, assesses industry structure, evaluates company market share and profiles 41 US industry competitors.
TABLE OF CONTENTS INTRODUCTION xi I. EXECUTIVE SUMMARY 1 II. MARKET ENVIRONMENT 4General 4Macroeconomic Outlook 6Personal Income & Expenditure Outlook 9Demographic Outlook 12Population 13Household Formation & Housing Stock Outlook 15Professional Employment Outlook 20Construction Activity Outlook 21Residential Construction 22New Housing 24Improvement & Repair 28Nonresidential Building Construction 30Nonbuilding Construction 33Motor Vehicle Outlook 34Nonresidential Fixed Investment Outlook 38Manufacturing Outlook 41
III. POWER & HAND TOOL OVERVIEW 45
General 45Demand 46Shipments 48US Foreign Trade 50Imports 52Exports 55World Outlook 57Pricing Trends 59Technology 61
IV. POWER TOOLS 64
General 64Imports 66Exports 68Electric 70Imports 73Exports 75Demand by Electric Power Source 76Drills 78Plug-In 81Cordless 82Foreign Trade 82Saws 84Circular Saws 87Other Saws 87Foreign Trade 88Sander, Polishers, & Grinders 90Supply & Demand 90Foreign Trade 94Screwdrivers 95Supply & Demand 95Foreign Trade 97Planers & Routers 98Hammers 100Other Electric Tools 102Parts & Attachments 104Pneumatic 108Imports 111Exports 113Nailers & Staplers 115Impact Wrenches 118Drills & Screwdrivers 120Percussion Tools 122Sanders, Polishers, & Grinders 123Other Pneumatic Tools 125Parts & Attachments 126Engine-Driven 128Other Power Tools 132
V. HAND TOOLS 134
General 134Imports 136Exports 138Hand Service Tools 140Imports 143Exports 145Wrenches 146Shipments by Type 148Foreign Trade 150Pliers 152Specialized Automotive Tools 154Screwdrivers 157Hammers 159Other 161Edge Tools 163Paint & Masonry Tools 165Chisels 167Axes, Adzes, & Hatchets 170Hand Saws 172Other Hand Tools 175
VI. MARKETS 178
General 178Professional Demand 180By Type 181By Sector 183Construction 184Automotive Aftermarket 186Industrial & Other Professional Services 188Consumer Demand 190
VII. INDUSTRY STRUCTURE 193
General 193Industry Composition 195Power Tools 197Hand Tools 198Market Share 199Power Tools 201Hand Tools 205Product Development 208Manufacturing 209Marketing 210Private Labels 212Distribution 213Direct Sales & Distributors 215Home Centers 216E-Commerce 217Other 219Mergers, Acquisitions, & Divestitures 220Cooperative Agreements 222Company Profiles 224Actuant Corporation 225Alltrade Tools LLC 231Anderson Power Products, see IDEAL IndustriesApex Tool Group LLC 234Atlas Copco AB 239Besco Pneumatic, see Stanley Black & DeckerBlack & Decker, see Stanley Black & DeckerBlount International Incorporated 244Bosch GmbH 247Carlton, see Blount InternationalChannellock Incorporated 254Chervon Holdings Limited 257Chicago Pneumatic Tool, see Atlas CopcoCRC-Evans International, see Stanley Black & DeckerDanaher Corporation 259Daniels Manufacturing Corporation 261Del City Wire, see ActuantDEPRAG-Schulz GmbH and Company 263DEWALT Industrial Tool, see Stanley Black & DeckerDuo-Fast Construction, see Illinois Tool WorksEmerson Electric Company 265Emhart Teknologies, see Stanley Black & DeckerEnerpac, see ActuantEstwing Manufacturing Company Incorporated 269FACOM, see Stanley Black & DeckerGardner Bender, see ActuantGrainger (WW) Incorporated 271Great Neck Saw Manufacturers Incorporated 275Griffon Corporation 278Hilti AG 281Hitachi Limited 285Home Depot Incorporated 289Homelite Consumer Products, see Techtronic IndustriesHusqvarna AB 292Hydratight, see ActuantICS Blount, see Blount InternationalIDEAL Industries Incorporated 299Illinois Tool Works Incorporated 303Ingersoll-Rand plc 306IRWIN Industrial Tool, see Newell RubbermaidITW Ramset, see Illinois Tool WorksKlein Tools Incorporated 309Kmart, see SearsLeatherman Tool Group Incorporated 312LENOX, see Newell RubbermaidLowe's Companies Incorporated 315Mac Tools, see Stanley Black & DeckerMakita Corporation 318Marinco Electrical Group, see ActuantMastervolt, see ActuantMatco Tools, see DanaherMeier (Walter) AG 322Milwaukee Electric Tool, see Techtronic IndustriesNanjing Chervon Industry, see ChervonNewell Rubbermaid Incorporated 325Panasonic Corporation 330Paslode Construction, see Illinois Tool WorksPorter Cable, see Stanley Black & DeckerPratt-Read Tools, see IDEAL IndustriesProto Industrial Tools, see Stanley Black & DeckerRedMax/Komatsu Zenoah, see HusqvarnaRidge Tool, see Emerson ElectricRothenberger USA, see TextronSears Holdings Corporation 332Senco Brands Incorporated 336SIMPLEX, see ActuantSK Hand Tools, see IDEAL IndustriesSnap-on Incorporated 339Spear & Jackson Garden Products, see United PacificIndustriesSPX Corporation 344Stanley Black & Decker Incorporated 348STIHL Holding AG & Company KG 360Techtronic Industries Company Limited 363Textron Incorporated 368TRUMPF Group 372United Pacific Industries Limited 375Wal-Mart Stores Incorporated 377Western Forge, see IDEAL IndustriesWindsor Forestry Products, see Blount InternationalAdditional Companies Mentioned in Study 379
LIST OF TABLES
SECTION I -- EXECUTIVE SUMMARY Summary Table 3 SECTION II -- MARKET ENVIRONMENT2 Personal Consumption Expenditures 12
3 Resident Population 15
4 Housing Stock by Type 19
5 Professional Employment 21
6 Construction Expenditures 22
7 Residential Building Construction Expenditures 24
8 Private Housing Starts 28
9 Residential Improvement & Repair Expenditures 29
10 Nonresidential Building Construction Expenditures 32
11 Nonbuilding Construction Expenditures 34
12 Motor Vehicle Indicators 37
13 Nonresidential Fixed Investment 40
14 Manufacturers' Shipments 44
SECTION III -- POWER & HAND TOOL OVERVIEW2 Power & Hand Tool Shipments by Type 50
3 Power & Hand Tool Foreign Trade 51
4 World Power & Hand Tool Demand 58
5 Price Deflators for Power & Hand Tools 60
SECTION IV -- POWER TOOLS2 Electric Tool Supply & Demand 73
3 Electric Tool Demand by Power Source 78
4 Electric Drill Supply & Demand 81
5 Electric Saw Supply & Demand 86
6 Electric Sander, Polisher, & Grinder Supply & Demand 93
7 Electric Screwdriver Supply & Demand 96
8 Electric Planer & Router Supply & Demand 100
9 Electric Hammer Supply & Demand 102
10 Other Electric Tool Supply & Demand 104
11 Electric Tool Parts & Attachments Supply & Demand 107
12 Pneumatic Tool Supply & Demand 111
13 Pneumatic Nailer & Stapler Supply & Demand 118
14 Pneumatic Impact Wrench Supply & Demand 120
15 Pneumatic Drill & Screwdriver Supply & Demand 121
16 Pneumatic Percussion Tool Supply & Demand 123
17 Pneumatic Sander, Polisher, & Grinder Supply & Demand 124
18 Other Pneumatic Tool Supply & Demand 126
19 Pneumatic Tool Parts & Attachments Supply & Demand 127
20 Engine-Driven Tool Supply & Demand 130
21 Other Power Tool Supply & Demand 133
SECTION V -- HAND TOOLS2 Hand Service Tool Supply & Demand 143
3 Wrench Supply & Demand 148
4 Pliers Supply & Demand 154
5 Specialized Automotive Tool Supply & Demand 157
6 Screwdriver Supply & Demand 159
7 Hammer Supply & Demand 161
8 Other Hand Service Tool Supply & Demand 163
9 Edge Tool Supply & Demand 165
10 Paint & Masonry Tool Supply & Demand 167
11 Chisel Supply & Demand 170
12 Ax, Adze, & Hatchet Supply & Demand 172
13 Hand Saw Supply & Demand 174
14 Other Hand Tool Supply & Demand 177
SECTION VI -- MARKETS2 Professional Tool Demand by Type 182
3 Professional Tool Demand by Sector 184
4 Construction Demand for Power & Hand Tools 186
5 Automotive Aftermarket Demand for Power & Hand Tools 188
6 Industrial & Other Professional Demand for Power
& Hand Tools 190
7 Consumer Tool Demand by Type 192
SECTION VII -- INDUSTRY STRUCTURE2 Power & Hand Tool Demand by Distribution Channel 214
3 Selected Acquisitions & Divestitures 221
4 Selected Cooperative Agreements 222
LIST OF CHARTS SECTION II -- MARKET ENVIRONMENT 1 Year of Construction of Housing Stock, 2011 19 SECTION III -- POWER & HAND TOOL OVERVIEW 1 Power & Hand Tool Imports by Source, 2011 542 Power & Hand Tool Exports by Destination, 2011 57 SECTION IV -- POWER TOOLS1 Power Tool Imports by Source, 2011 682 Power Tool Exports by Destination, 2011 703 Electric Tool Imports by Source, 2011 754 Electric Tool Exports by Destination, 2011 765 Electric Drill Imports by Source, 2011 846 Electric Saw Imports by Source, 2011 907 Electric Sander, Polisher, & Grinder Imports by Source, 2011 948 Electric Screwdriver Imports by Source, 2011 989 Pneumatic Tool Imports by Source, 2011 11310 Pneumatic Tool Exports by Destination, 2011 11511 Engine-Driven Tool Imports by Source, 2011 13112 Engine-Driven Tool Exports by Destination, 2011 131
SECTION V -- HAND TOOLS
1 Hand Tool Imports by Source, 2011 1382 Hand Tool Exports by Destination, 2011 1403 Hand Service Tool Imports by Source, 2011 1444 Hand Service Tool Exports by Destination, 2011 1465 Wrench Imports by Source, 2011 1516 Wrench Exports by Destination, 2011 152
SECTION VI -- MARKETS1 Power & Hand Tool Demand by Market, 2001-2021 180
SECTION VII -- INDUSTRY STRUCTURE1 Power & Hand Tool Market Share, 2011 2012 Power Tool Market Share, 2011 2023 Hand Tool Market Share, 2011 206
To order this report:DIY_and_Garden_Equipment Industry: US Power & Hand Tools Market
Nicolas Bombourg
Reportlinker
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