US demand for power and hand tools will rise 4.1 percent annually through 2014. Gains will be driven by a rebound in housing starts and ongoing consumer interest in DIY and home remodeling activities. Power tools will continue to outpace hand tools, while professional demand will grow more rapidly than consumer demand.

This study analyzes the $9 billion US power and hand tool industry. It presents historical demand data for the years 1999, 2004 and 2009, and forecasts for 2014 and 2019 by product (e.g., electric power tools, pneumatic power tools, engine-driven power tools, hand service tools, hand edge tools, hand saws) and market (professional, consumer).

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 41 industry players, including Stanley Black & Decker, Techtronic Industries and Robert Bosch.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		Introduction							     xii

	I.	Executive Summary						       1

	II.	Market Environment						       4
		General								       4
		Macroeconomic Environment					       5
		Cyclical Trends							       6
		Personal Income & Expenditure Patterns				      10
		Demographic Trends						      12
		   Population							      13
		   Household Formation & Housing Stock Patterns			      15
		Professional Employment						      19
		Construction Activity						      21
		   Residential Construction					      22
		      New Housing						      24
		      Improvement & Repair					      28
		   Nonresidential Building Construction				      29
		   Nonbuilding Construction					      32
		Motor Vehicle Outlook						      34
		Nonresidential Fixed Investment					      37
		Manufacturing Outlook						      40

	III.	Power & Hand Tool Overview					      44
		General								      44
		Demand								      44
		Shipments							      48
		US Foreign Trade						      51
		   Imports							      52
		   Exports							      55
		World Outlook							      58
		Pricing Trends							      60
		Technology							      62

	IV.	Power Tools							      64
		General								      64
		   Imports							      66
		   Exports							      68
		Electric							      70
		   Imports							      73
		   Exports							      75
		   Demand by Electric Power Source				      77
		   Drills							      79
		      Plug-In							      82
		      Cordless							      83
		      Foreign Trade						      84
		   Saws								      85
		      Circular Saws						      88
		      Other Saws						      89
		      Foreign Trade						      90
		   Sanders, Polishers & Grinders				      91
		      Supply & Demand						      92
		      Foreign Trade						      95
		   Screwdrivers							      96
		      Supply & Demand						      96
		      Foreign Trade						      98
		   Planers & Routers						      99
		   Hammers							     101
		   Other Electric Tools						     103
		   Parts & Attachments						     105
		Pneumatic							     108
		   Imports							     112
		   Exports							     113
		   Nailers & Staplers						     115
		   Impact Wrenches						     118
		   Drills & Screwdrivers					     119
		   Percussion Tools						     121
		   Sanders, Polishers & Grinders				     122
		   Other Pneumatic Tools					     124
		   Parts & Attachments						     125
		Engine-Driven							     127
		Other Power Tools						     132

	V.	Hand Tools							     134
		General								     134
		   Imports							     136
		   Exports							     138
		Hand Service Tools						     140
		   Imports							     142
		   Exports							     144
		   Wrenches							     145
		      Shipments by Type						     147
		      Foreign Trade						     149
		   Pliers							     152
		   Specialized Automotive Tools					     154
		   Screwdrivers							     156
		   Hammers							     158
		   Other							     160
		Edge Tools							     162
		   Paint & Masonry Tools					     164
		   Chisels							     166
		   Axes, Adzes & Hatchets					     168
		Hand Saws							     170
		Other Hand Tools						     173

	VI.	Markets								     176
		General								     176
		Professional Demand						     178
		   By Type							     179
		   By Sector							     181
		      Construction						     183
		      Automotive Aftermarket					     185
		      Industrial & Other Professional Services			     187
		Consumer Demand							     189

	VII.	Industry Structure						     193
		General								     193
		Industry Composition						     195
		   Power Tools							     197
		   Hand Tools							     198
		Market Share							     199
		   Power Tools							     201
		   Hand Tools							     205
		Product Development						     208
		Manufacturing							     210
		Marketing							     211
		Private Labels							     214
		Distribution							     215
		   Direct Sales & Distributors					     216
		   Home Centers							     217
		   Other							     219
		Mergers, Acquisitions & Industry Restructuring			     221
		Cooperative Agreements						     223
		Company Profiles						     226
		   Actuant Corporation						     227
		   Alltrade Tools LLC						     231
		   Ames True Temper, see Griffon
		   Anderson Power Products, see IDEAL Industries
		   Apex Tool Group, see Cooper Industries and Danaher
		   Atlas Copco AB						     234
		   Ben Meadows, see Grainger (WW)
		   Besco Pneumatic, see Stanley Black & Decker
		   Biach Industries, see Actuant
		   Black & Decker, see Stanley Black & Decker
		   Blount International Incorporated				     238
		   Bosch (Robert) GmbH						     242
		   Carlton, see Blount International
		   Channellock Incorporated					     248
		   Chervon Holdings Limited					     250
		   Chicago Pneumatic Tool, see Atlas Copco
		   Cooper Industries plc					     252
		   Danaher Corporation						     257
		   Daniels Manufacturing Corporation				     262
		   Del City Wire, see Actuant
		   DELTA/PORTER-CABLE, see Stanley Black & Decker
		   DEPRAG-Schulz GmbH and Company				     264
		   DeVilbiss Air Power, see Stanley Black & Decker
		   DeWALT Industrial Tool, see Stanley Black & Decker
		   Diamant Boart International, see Husqvarna
		   Duo-Fast Construction, see Illinois Tool Works
		   Emerson Electric Company					     266
		   Emhart Teknologies, see Stanley Black & Decker
		   Enerpac, see Actuant
		   Estwing Manufacturing Company Incorporated			     269
		   Facom, see Stanley Black & Decker
		   Gardner Bender, see Actuant
		   Gempler’s, see Grainger (WW)
		   Grainger (WW) Incorporated					     271
		   Great Neck Saw Manufacturers Incorporated			     276
		   Greenlee Textron, see Textron
		   Griffon Corporation						     278
		   Hilti AG							     280
		   Hitachi Koki Company Limited					     283
		   Home Depot Incorporated					     286
		   Homelite Consumer Products, see Techtronic Industries
		   Husqvarna AB							     288
		   Hydratight, see Actuant
		   ICS, see Blount International
		   IDEAL Industries Incorporated				     293
		   Illinois Tool Works Incorporated				     296
		   Imperial Supplies, see Grainger (WW)
		   Ingersoll-Rand plc						     299
		   IRWIN Industrial Tool, see Newell Rubbermaid
		   ITW Ramset, see Illinois Tool Works
		   Jonsered, see Husqvarna
		   Klein Tools Incorporated					     301
		   Kmart, see Sears Holdings
		   Lab Safety Supply, see Grainger (WW)
		   Leatherman Tool Group Incorporated				     304
		   LENOX, see Newell Rubbermaid
		   Lowe’s Companies Incorporated				     306
		   Mac Tools, see Stanley Black & Decker
		   Makita Corporation						     308
		   Marinco Electrical Group, see Actuant
		   Matco Tools, see Danaher
		   McFeely’s, see Grainger (WW)
		   Meier (Walter) AG						     312
		   Milwaukee Electric Tool, see Techtronic Industries
		   Nanjing Chervon Industry, see Chervon Holdings
		   Newell Rubbermaid Incorporated				     315
		   Panasonic Corporation					     319
		   Paslode Construction, see Illinois Tool Works
		   Pratt-Read, see IDEAL Industries
		   Professional Equipment, see Grainger (WW)
		   Quincy Compressor, see Atlas Copco
		   RedMax/Zenoah America, see Husqvarna
		   Ridge Tool, see Emerson Electric
		   Rothenberger, see Textron
		   Sears Holdings Corporation					     321
		   Senco Brands Incorporated					     324
		   SK Hand Tools, see IDEAL Industries
		   Snap-on Incorporated						     326
		   Spear & Jackson, see United Pacific Industries
		   SPX Corporation						     330
		   Stanley Black & Decker Incorporated				     333
		   STIHL Holding AG & Company KG				     342
		   Techtronic Industries Company Limited			     345
		   Templeton, Kenly, see Actuant
		   Textron Incorporated						     349
		   TRUMPF Group							     352
		   United Pacific Industries Limited				     355
		   Wal-Mart Stores Incorporated					     357
		   Western Forge, see IDEAL Industries
		   Windsor Forestry Tools, see Blount International
		   WMH Tool Group, see Meier (Walter)


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- Executive Summary
		Summary Table							       3

		SECTION II -- Market Environment
	1	Macroeconomic Indicators					      10
	2	Personal Consumption Expenditures				      12
	3	Resident Population						      15
	4	Household Formation & Housing Stock				      18
	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 Expenditures			      40
	14	Manufacturers’ Shipments					      43

		SECTION III -- Power & Hand Tool Overview
	1	Power & Hand Tool Supply & Demand				      47
	2	Power & Hand Tool Shipments by Type				      50
	3	Power & Hand Tool Foreign Trade					      52
	4	World Power & Hand Tool Demand					      59
	5	Price Deflators for Power & Hand Tools				      61

		SECTION IV -- Power Tools
	1	Power Tool Supply & Demand					      66
	2	Electric Tool Supply & Demand					      73
	3	Electric Tool Demand by Power Source				      79
	4	Electric Drill Supply & Demand					      82
	5	Electric Saw Supply & Demand					      88
	6	Electric Sander, Polisher & Grinder Supply & Demand		      94
	7	Electric Screwdriver Supply & Demand				      98
	8	Electric Planer & Router Supply & Demand			     101
	9	Electric Hammer Supply & Demand					     103
	10	Other Electric Tool Supply & Demand				     105
	11	Electric Tool Parts & Attachments Supply & Demand		     108
	12	Pneumatic Tool Supply & Demand					     111
	13	Pneumatic Nailer & Stapler Supply & Demand			     117
	14	Pneumatic Impact Wrench Supply & Demand				     119
	15	Pneumatic Drill & Screwdriver Supply & Demand			     120
	16	Pneumatic Percussion Tool Supply & Demand			     122
	17	Pneumatic Sander, Polisher & Grinder Supply & Demand		     124
	18	Other Pneumatic Tool Supply & Demand				     125
	19	Pneumatic Tool Parts & Attachments Supply & Demand		     126
	20	Engine-Driven Tool Supply & Demand				     130
	21	Other Power Tool Supply & Demand				     133

		SECTION V -- Hand Tools
	1	Hand Tool Supply & Demand					     136
	2	Hand Service Tool Supply & Demand				     142
	3	Wrench Supply & Demand						     147
	4	Pliers Supply & Demand						     154
	5	Specialized Automotive Tool Supply & Demand			     156
	6	Screwdriver Supply & Demand					     158
	7	Hammer Supply & Demand						     160
	8	Other Hand Service Tool Supply & Demand				     162
	9	Edge Tool Supply & Demand					     164
	10	Paint & Masonry Tool Supply & Demand				     166
	11	Chisel Supply & Demand						     168
	12	Ax, Adze & Hatchet Supply & Demand				     170
	13	Hand Saw Supply & Demand					     172
	14	Other Hand Tool Supply & Demand					     175

		SECTION VI -- Markets
	1	Power & Hand Tool Demand by Market				     177
	2	Professional Tool Demand by Type				     181
	3	Professional Tool Demand by Sector				     182
	4	Construction Demand for Power & Hand Tools			     184
	5	Automotive Aftermarket Demand for Power & Hand Tools	             187
		   
	6	Industrial & Other Professional Demand for 
		   Power & Hand Tools						     189
	7	Consumer Tool Demand by Type					     192

		SECTION VII -- Industry Structure
	1	US Power & Hand Tool Sales by Company, 2009			     196
	2	Power & Hand Tool Demand by Distribution Channel		     216
	3	Selected Acquisitions & Divestitures				     222
	4	Selected Cooperative Agreements					     224

				      LIST OF CHARTS

    CHART NUMBER								    PAGE


		SECTION II -- Market Environment
	1	Year of Construction of Housing Stock, 2009			      19

		SECTION III -- Power & Hand Tool Overview
	1	Power & Hand Tool Demand by Type, 1999-2019			      48
	2	Power & Hand Tool Shipments by Type, 1999-2019			      50
	3	Power & Hand Tool Imports by Source, 2009			      55
	4	Power & Hand Tool Exports by Destination, 2009			      58

		SECTION IV -- Power Tools
	1	Power Tool Imports by Source, 2009				      68
	2	Power Tool Exports by Destination, 2009				      70
	3	Electric Tool Imports by Source, 2009				      75
	4	Electric Tool Exports by Destination, 2009			      76
	5	Electric Drill Imports by Source, 2009				      85
	6	Electric Saw Imports by Source, 2009				      91
	7	Electric Sander, Polisher & Grinder Imports by Source, 2009	      95
	8	Electric Screwdriver Imports by Source, 2009			      99
	9	Pneumatic Tool Imports by Source, 2009				     113
	10	Pneumatic Tool Exports by Destination, 2009			     115
	11	Engine-Driven Tool Imports by Source, 2009			     131
	12	Engine-Driven Tool Exports by Destination, 2009			     131

		SECTION V -- Hand Tools
	1	Hand Tool Imports by Source, 2009				     138
	2	Hand Tool Exports by Destination, 2009				     140
	3	Hand Service Tool Imports by Source, 2009			     144
	4	Hand Service Tool Exports by Destination, 2009			     145
	5	Wrench Imports by Source, 2009					     151
	6	Wrench Exports by Destination, 2009				     151

		SECTION VI -- Markets
	1	Power & Hand Tool Demand by Market, 1999-2019			     178

		SECTION VII -- Industry Structure
	1	Power & Hand Tool Market Share by Company, 2009			     201
	2	Power Tool Market Share by Company, 2009			     205
	3	Hand Tool Market Share by Company, 2009				     208