HAND TOOLS MARKET | BY APPLICATION
A hand tool is any tool that is powered by hand instead of a motor. Different tools include hand tool categories such as pliers, cutters, wrenches, striking tools, screwdrivers, hammered tools, vises, clamps, saws, knives, drills, and more. Moreover, outdoor tools include rakes, garden forks, and pruning shakes. Layout and measuring tools comprise tapes, laser measurers, etc. Taps and dies are tools used to create threads. Get PDF copy @ https://www.coherentmarketinsights.com/insight/request-pdf/3807 Major companies involved in the global hand tools market are Kennametal Inc., Apex Tools Group, Akar Tools Ltd., Channellock, Inc., JK Files (India) Limited, Stanley Black Decker, Sears, Wera Tools, Snap-On, Irwin Industrial Tools, and Klein Tools. Market Opportunities 1.tRising DIY activities can present major business opportunities Growing consumer preference for leisure and recreational activities with growing disposable income is leading to a rise in DIY activities. This, in turn, offers tremendous potential for manufacturers of hand tools to introduce new and innovative products in the market. For instance, DIY activities accounted for US$ 5,495.7 Mn of the global hand tools market in 2013 and increased to US$ 5,668.9 Mn in 2014. 2.tA massive increase in technical jobs and employment can offer significant business opportunities Increase in technical jobs and employment offer excellent opportunities in terms of quality and pricing, as professionals use high end tools and are willing to pay more for such products. According to Coherent Market Insightsu2019 analysis construction industry witnessed an increase of 20% in employment opportunities in 2015 as compared to 2014. Any Query? Talk To our Analyst @ https://www.coherentmarketinsights.com/insight/talk-to-analyst/3807 About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US 12067016702 / UK 4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs: https://blog.coherentmarketinsights.com
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