Hand and Power Tools Market Size, Segmentation, Top Manufacturers and Forecast to 2030

8 min readAug 4, 2023

“Hand and Power Tools Market” Research Report 2023 includes detailed market segmentation based on Regions, Applications (Residential Applications, Construction Field, Industry Field, Gardening Field, Others), and Types (Hand Tools, Power Tools). The report presents the research and analysis provided within the Hand and Power Tools Market Research is meant to benefit stakeholders, vendors, and other participants in the industry. This report is of 121 Pages long. The Hand and Power Tools market is expected to grow annually by magnificent (CAGR 2023–2030).

Who is the largest manufacturers of Hand and Power Tools Market worldwide?

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

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Short Description About Hand and Power Tools Market:

The Global Hand and Power Tools market is anticipated to rise at a considerable rate during the forecast period, between 2023 and 2030. In 2022, the market is growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.

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.

Market Analysis and Insights: Global Hand and Power Tools Market

Due to the COVID-19 pandemic, the global Hand and Power Tools market size is estimated to be worth USD 45500 million in 2022 and is forecast to a readjusted size of USD 61670 million by 2028 with a CAGR of 5.2Percent during the forecast period 2022–2028. Fully considering the economic change by this health crisis, Hand Tools accounting for Percent of the Hand and Power Tools global market in 2021, is projected to value USD million by 2028, growing at a revised Percent CAGR from 2022 to 2028. While Residential Applications segment is altered to an Percent CAGR throughout this forecast period.

Asia-Pacific has the largest global export quantity and manufacturers in Power Tool market. The largest market is China, accounting for about 47Percent 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（22.57Percent）and recent years, while the top 5 of manufacturing market concentration is Stanley Black＆Decker (DeWalt), Bosch, TTI, Makita, and Snap-on，accounting for 58.57Percent 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 61.67Percent in 2019.

Tools market, the Industry Field holds a 60.22Percent market share in 2019, following by Construction Field(19.09Percent) and Residential Applications(10.15Percent).

Global Hand and Power Tools Market: Drivers and Restrains

The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.

A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

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What are the factors driving the growth of the Hand and Power Tools Market?

Growing demand for below applications around the world has had a direct impact on the growth of the Hand and Power Tools

Residential Applications
Construction Field
Industry Field
Gardening Field
Others

What are the types of Hand and Power Tools available in the Market?

Based on Product Types the Market is categorized into Below types that held the largest Hand and Power Tools market share In 2023.

Hand Tools
Power Tools

Which regions are leading the Hand and Power Tools Market?

North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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This Hand and Power Tools Market Research/Analysis Report Contains Answers to your following Questions

What are the global trends in the Hand and Power Tools market? Would the market witness an increase or decline in the demand in the coming years?
What is the estimated demand for different types of products in Hand and Power Tools? What are the upcoming industry applications and trends for Hand and Power Tools market?
What Are Projections of Global Hand and Power Tools Industry Considering Capacity, Production and Production Value? What Will Be the Estimation of Cost and Profit? What Will Be Market Share, Supply and Consumption? What about Import and Export?
Where will the strategic developments take the industry in the mid to long-term?
What are the factors contributing to the final price of Hand and Power Tools? What are the raw materials used for Hand and Power Tools manufacturing?
How big is the opportunity for the Hand and Power Tools market? How will the increasing adoption of Hand and Power Tools for mining impact the growth rate of the overall market?
How much is the global Hand and Power Tools market worth? What was the value of the market In 2020?
Who are the major players operating in the Hand and Power Tools market? Which companies are the front runners?
Which are the recent industry trends that can be implemented to generate additional revenue streams?
What Should Be Entry Strategies, Countermeasures to Economic Impact, and Marketing Channels for Hand and Power Tools Industry?

Hand and Power Tools Market — Covid-19 Impact and Recovery Analysis:

We were monitoring the direct impact of covid-19 in this market, further to the indirect impact from different industries. This document analyzes the effect of the pandemic on the Hand and Power Tools market from a international and nearby angle. The document outlines the marketplace size, marketplace traits, and market increase for Hand and Power Tools industry, categorised with the aid of using kind, utility, and patron sector. Further, it provides a complete evaluation of additives concerned in marketplace improvement in advance than and after the covid-19 pandemic. Report moreover done a pestel evaluation within the business enterprise to study key influencers and boundaries to entry.

Our studies analysts will assist you to get custom designed info to your report, which may be changed in phrases of a particular region, utility or any statistical info. In addition, we’re constantly inclined to conform with the study, which triangulated together along with your very own statistics to make the marketplace studies extra complete for your perspective.

Final Report will add the analysis of the impact of Russia-Ukraine War and COVID-19 on this Hand and Power Tools Industry.

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Detailed TOC of Global Hand and Power Tools Market Research Report, 2023–2030

1 Market Overview
1.1 Product Overview and Scope of Hand and Power Tools
1.2 Classification of Hand and Power Tools by Type
1.2.1 Overview: Global Hand and Power Tools Market Size by Type: 2017 Versus 2021 Versus 2030
1.2.2 Global Hand and Power Tools Revenue Market Share by Type in 2021
1.3 Global Hand and Power Tools Market by Application
1.3.1 Overview: Global Hand and Power Tools Market Size by Application: 2017 Versus 2021 Versus 2030
1.4 Global Hand and Power Tools Market Size and Forecast
1.5 Global Hand and Power Tools Market Size and Forecast by Region
1.6 Market Drivers, Restraints and Trends
1.6.1 Hand and Power Tools Market Drivers
1.6.2 Hand and Power Tools Market Restraints
1.6.3 Hand and Power Tools Trends Analysis

2 Company Profiles
2.1 Company
2.1.1 Company Details
2.1.2 Company Major Business
2.1.3 Company Hand and Power Tools Product and Solutions
2.1.4 Company Hand and Power Tools Revenue, Gross Margin and Market Share (2019, 2020, 2021 and 2023)
2.1.5 Company Recent Developments and Future Plans

3 Market Competition, by Players
3.1 Global Hand and Power Tools Revenue and Share by Players (2019,2020,2021, and 2023)
3.2 Market Concentration Rate
3.2.1 Top3 Hand and Power Tools Players Market Share in 2021
3.2.2 Top 10 Hand and Power Tools Players Market Share in 2021
3.2.3 Market Competition Trend
3.3 Hand and Power Tools Players Head Office, Products and Services Provided
3.4 Hand and Power Tools Mergers and Acquisitions
3.5 Hand and Power Tools New Entrants and Expansion Plans

4 Market Size Segment by Type
4.1 Global Hand and Power Tools Revenue and Market Share by Type (2017–2023)
4.2 Global Hand and Power Tools Market Forecast by Type (2023–2030)

5 Market Size Segment by Application
5.1 Global Hand and Power Tools Revenue Market Share by Application (2017–2023)
5.2 Global Hand and Power Tools Market Forecast by Application (2023–2030)

6 Regions by Country, by Type, and by Application
6.1 Hand and Power Tools Revenue by Type (2017–2030)
6.2 Hand and Power Tools Revenue by Application (2017–2030)
6.3 Hand and Power Tools Market Size by Country
6.3.1 Hand and Power Tools Revenue by Country (2017–2030)
6.3.2 United States Hand and Power Tools Market Size and Forecast (2017–2030)
6.3.3 Canada Hand and Power Tools Market Size and Forecast (2017–2030)
6.3.4 Mexico Hand and Power Tools Market Size and Forecast (2017–2030)

7 Research Findings and Conclusion

8 Appendix
8.1 Methodology
8.2 Research Process and Data Source
8.3 Disclaimer

9 Research Methodology

10 Conclusion

Continued….

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