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<br>The Indian hand tools market is anticipated to grow at a CAGR of 3.8% during the forecast period. India is expected to be one of the well-established markets for conventional hand tools market in the Asia-Pacific region alongside China.<br>
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Orion Market Research Indian Competitive Analysis and Forecast - 2020-2026 Hand Tools Market Trends, Size, Request a free sample of our report on Indian Hand Tools Market: https://www.omrglobal.com/request-sample/indian-hand-tools-market ------------------------------------------------------------------------------------------------------------------- Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404
The Indian hand tools market is anticipated to grow at a CAGR of 3.8% during the forecast period. India is expected to be one of the well-established markets for conventional hand tools market in the Asia-Pacific region alongside China. Despite the slow replacement of hand tools by power tools in the country due to the rising demands for more precision, efficiency, performance, and to improve the overall ergonomics, the hand tools are the more dominant tool type in the country. Construction and automotive are the two main industries where the demand for hand tools is witnessing steady growth in recent years. The demand for highly sophisticated precision tools has been increasing in industries like aerospace, defense, energy, shipbuilding, and manufacturing industries in the country. Further, the ‘Make in India’ concept is also encouraging new vendors, which can support both the hand tools and power tools industries. Request a free sample of our report on Indian Hand Tools Market: https://www.omrglobal.com/request-sample/indian-hand-tools-market The construction industry faced a huge downfall in 2020, especially during Q1 and Q2 2020 owing to the COVID-19 pandemic, where infrastructural activities were brought to a complete halt. The rising unemployment in the residential sector is also a challenging factor for construction-oriented industries like tools and accessories. The construction market is also expected to contract by 7– 8% in 2020 despite its slow revival in the latter half of 2020. However, growth can be more certain post-2021, where India is expected to contribute over $635 billion to the global construction market by 2022. A https://www.omrglobal.com/industry-reports/indian-hand-tools-market full report of Indian Hand Tools Market is available at: Indian Hand Tools Market Segmentation By Tool Type General Purpose Tools oHammers oClamps and Vises oPliers oRatchets and Sockets oRiveters oScrewdrivers and Nut Drivers oWrecking Bars
oWrenches Cutting Tools oChisel and Files oCable and Wire Cutting Tools oKnives and Blades oSaws Layout and Measuring Tools oPlumb Bob oTry Square Taps and Dies By End-user Commercial Industrial Residential Company Profiles Ajay Industries Alok International Pvt. Ltd. Deeps Tools Pvt. Ltd. Eastman Cast and Forge, Ltd. Hansco Sales(India) JCBL Group JK Files (India), Ltd.
Sterling Mfg. Co Venus Industrial Corp. For https://www.omrglobal.com/report-customization/indian-hand-tools-market more customized data, request for report customization @ About us: Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit https://www.omrglobal.com/ Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404