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Professional market contributes the larger share of power and hand tool. Professional market comprises of individuals who work in various industry such as construction industry, manufacturing industry, technical services and maintenance industry. In 2013, professional market held around two-thirds of total sales of power and hand tools in North America. Power tools are more intensively use by professionals than normal consumers. They are ready to pay high price for new power tools due to their better performance and long life durability. This leads to further increase the overall market of power and hand tools.
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Power and Hand Tools Market - PMR Market Insight Report 2014 to 2020 Persistence Market Research Power and Hand Tools Market - PMR Market Insight Report 2014 to 2020 Persistence Market Research 1
Power and Hand Tools Market - PMR Market Insight Report 2014 to 2020 Persistence Market Research Released New Market Report on “Power and Hand Tools Market - PMR Market Insight Report 2014 to 2020”. Power tools consist of varieties of tools, which added with some additional power to perform certain task. Electric motor is the most common types of power tools. Some example of the power tools are drill machine, circular saw, crusher, heat gun, disc sander, jackhammer, angle grinder, nail gun, wall chaser and wood router. Hand tools are operated by hand only and not by any electric machine. Some of the hand tools are hammers, garden forks, rakes, secateurs, spanners, screwdrivers, pliers, wrenches, clamps, hook cutter, plumbing tools and chisels. Hand tools are generally less dangerous than power tools. Professional market contributes the larger share of power and hand tool. Professional market comprises of individuals who work in various industry such as construction industry, manufacturing industry, technical services and maintenance industry. In 2013, professional market held around two-thirds of total sales of power and hand tools in North America. Power tools are more intensively use by professionals than normal consumers. They are ready to pay high price for new power tools due to their better performance and long life durability. This leads to further increase the overall market of power and hand tools. North America is the largest market of power and hand tools. Growing economy in developing countries of Asia Pacific region stimulate consumer spending activity on construction of residential and non-residential building. This creates the demand of various power and hand tools. Introduction of innovative tools such as cordless saws and drill machine, further boost the market of power and hand tools. Western Europe is the fastest growing region in Europe and it is expected to hold one forth market in near future. Growing industry in European countries helps to drives the power and hand tools market. Persistence Market Research 2
Power and Hand Tools Market - PMR Market Insight Report 2014 to 2020 Interested in report: Please follow the below links to meet your requirements; Request for the Report Brochure: http://www.persistencemarketresearch.com/samples/3429 Request TOC (table of content), Figures and Tables of the Report: http://www.persistencemarketresearch.com/toc/3429 Some of the major companies operating in global power and hand tools are Actuant Corporation, AIMCO Corporation, Allied Trade Group (ATG) Stores, Alltrade Tools LLC, AMES Companies, Ancor, Apex Tool Group LLC, Atlas Copco AB, Black & Decker, Stanley Black & Decker, Bosch (Robert) GmbH, Channellock Incorporated, Chervon Holdings Limited, Chicago Pneumatic Tool, Danaher Corporation, Daniels Manufacturing Corporation, Del City Wire, DEPRAG-Schulz GmbH and Company, DeWALT Industrial Tools and E&R Industrial Sales. For more Info: http://www.persistencemarketresearch.com/contact-us.asp Key points covered in the report Report segments the market on the basis of types, application, products, technology, etc (as applicable) The report covers geographic segmentation North America • Europe • Asia • RoW • Persistence Market Research 3
Power and Hand Tools Market - PMR Market Insight Report 2014 to 2020 The report provides the market size and forecast for the different segments and geographies for the period of 2010 to 2020 The report provides company profiles of some of the leading companies operating in the market The report also provides porters five forces analysis of the market. About Us: Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs. PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values. Contact Us: Persistence Market Research 305 Broadway, 7th Floor, New York City, NY 10007, United States. Phone: +1-646-568-7751 USA/Canada Toll Free Number. 1-800-961-0353 E-mail: sales@persistencemarketresearch.com Web : http://www.persistencemarketresearch.com Persistence Market Research 4