Demand for power and hand tools in the US will rise 4.8 percent per year to $13.1 billion in 2016. Power tools will outpace hand tools, as power tools -- especially cordless electric tools -- benefit from greater capacity for innovation. Professional demand growth will outpace consumer gains due to a rebound in housing starts and increases in manufacturing output.

This study analyzes the $10.4 billion US power and hand tool industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 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 Snap-on.

				    TABLE OF CONTENTS

     SECTION									    PAGE

		INTRODUCTION							      XI

	I.	EXECUTIVE SUMMARY						       1

	II.	MARKET ENVIRONMENT						       4
		General								       4
		Macroeconomic Outlook						       6
		Personal Income & Expenditure Outlook				       9
		Demographic Outlook						      12
		   Population							      13
		   Household Formation & Housing Stock Outlook			      15
		Professional Employment Outlook					      20
		Construction Activity Outlook					      21
		   Residential Construction					      22
		      New Housing						      24
		      Improvement & Repair					      28
		   Nonresidential Building Construction				      30
		   Nonbuilding Construction					      33
		Motor Vehicle Outlook						      34
		Nonresidential Fixed Investment Outlook				      38
		Manufacturing Outlook						      41

	III.	POWER & HAND TOOL OVERVIEW					      45
		General								      45
		Demand								      46
		Shipments							      48
		US Foreign Trade						      50
		   Imports							      52
		   Exports							      55
		World Outlook							      57
		Pricing Trends							      59
		Technology							      61

	IV.	POWER TOOLS							      64
		General								      64
		   Imports							      66
		   Exports							      68
		Electric							      70
		   Imports							      73
		   Exports							      75
		   Demand by Electric Power Source				      76
		   Drills							      78
		      Plug-In							      81
		      Cordless							      82
		      Foreign Trade						      82
		   Saws								      84
		      Circular Saws						      87
		      Other Saws						      87
		      Foreign Trade						      88
		   Sander, Polishers, & Grinders				      90
		      Supply & Demand						      90
		      Foreign Trade						      94
		   Screwdrivers							      95
		      Supply & Demand						      95
		      Foreign Trade						      97
		   Planers & Routers						      98
		   Hammers							     100
		   Other Electric Tools						     102
		   Parts & Attachments						     104
		Pneumatic							     108
		   Imports							     111
		   Exports							     113
		   Nailers & Staplers						     115
		   Impact Wrenches						     118
		   Drills & Screwdrivers					     120
		   Percussion Tools						     122
		   Sanders, Polishers, & Grinders				     123
		   Other Pneumatic Tools					     125
		   Parts & Attachments						     126
		Engine-Driven							     128
		Other Power Tools						     132

	V.	HAND TOOLS							     134
		General								     134
		   Imports							     136
		   Exports							     138
		Hand Service Tools						     140
		   Imports							     143
		   Exports							     145
		   Wrenches							     146
		      Shipments by Type						     148
		      Foreign Trade						     150
		   Pliers							     152
		   Specialized Automotive Tools					     154
		   Screwdrivers							     157
		   Hammers							     159
		   Other							     161
		Edge Tools							     163
		   Paint & Masonry Tools					     165
		   Chisels							     167
		   Axes, Adzes, & Hatchets					     170
		Hand Saws							     172
		Other Hand Tools						     175

	VI.	MARKETS								     178
		General								     178
		Professional Demand						     180
		   By Type							     181
		   By Sector							     183
		      Construction						     184
		      Automotive Aftermarket					     186
		      Industrial & Other Professional Services			     188
		Consumer Demand							     190

	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							     209
		Marketing							     210
		Private Labels							     212
		Distribution							     213
		   Direct Sales & Distributors					     215
		   Home Centers							     216
		   E-Commerce							     217
		   Other							     219
		Mergers, Acquisitions, & Divestitures				     220
		Cooperative Agreements						     222
		Company Profiles						     224
		   Actuant Corporation						     225
		   Alltrade Tools LLC						     231
		   Anderson Power Products, see IDEAL Industries
		   Apex Tool Group LLC						     234
		   Atlas Copco AB						     239
		   Besco Pneumatic, see Stanley Black & Decker
		   Black & Decker, see Stanley Black & Decker
		   Blount International Incorporated				     244
		   Bosch GmbH							     247
		   Carlton, see Blount International
		   Channellock Incorporated					     254
		   Chervon Holdings Limited					     257
		   Chicago Pneumatic Tool, see Atlas Copco
		   CRC-Evans International, see Stanley Black & Decker
		   Danaher Corporation						     259
		   Daniels Manufacturing Corporation				     261
		   Del City Wire, see Actuant
		   DEPRAG-Schulz GmbH and Company				     263
		   DEWALT Industrial Tool, see Stanley Black & Decker
		   Duo-Fast Construction, see Illinois Tool Works
		   Emerson Electric Company					     265
		   Emhart Teknologies, see Stanley Black & Decker
		   Enerpac, see Actuant
		   Estwing Manufacturing Company Incorporated			     269
		   FACOM, see Stanley Black & Decker
		   Gardner Bender, see Actuant
		   Grainger (WW) Incorporated					     271
		   Great Neck Saw Manufacturers Incorporated			     275
		   Griffon Corporation						     278
		   Hilti AG							     281
		   Hitachi Limited						     285
		   Home Depot Incorporated					     289
		   Homelite Consumer Products, see Techtronic Industries
		   Husqvarna AB							     292
		   Hydratight, see Actuant
		   ICS Blount, see Blount International
		   IDEAL Industries Incorporated				     299
		   Illinois Tool Works Incorporated				     303
		   Ingersoll-Rand plc						     306
		   IRWIN Industrial Tool, see Newell Rubbermaid
		   ITW Ramset, see Illinois Tool Works
		   Klein Tools Incorporated					     309
		   Kmart, see Sears
		   Leatherman Tool Group Incorporated				     312
		   LENOX, see Newell Rubbermaid
		   Lowe’s Companies Incorporated				     315
		   Mac Tools, see Stanley Black & Decker
		   Makita Corporation						     318
		   Marinco Electrical Group, see Actuant
		   Mastervolt, see Actuant
		   Matco Tools, see Danaher
		   Meier (Walter) AG						     322
		   Milwaukee Electric Tool, see Techtronic Industries
		   Nanjing Chervon Industry, see Chervon
		   Newell Rubbermaid Incorporated				     325
		   Panasonic Corporation					     330
		   Paslode Construction, see Illinois Tool Works
		   Porter Cable, see Stanley Black & Decker
		   Pratt-Read Tools, see IDEAL Industries
		   Proto Industrial Tools, see Stanley Black & Decker
		   RedMax/Komatsu Zenoah, see Husqvarna
		   Ridge Tool, see Emerson Electric
		   Rothenberger USA, see Textron
		   Sears Holdings Corporation					     332
		   Senco Brands Incorporated					     336
		   SIMPLEX, see Actuant
		   SK Hand Tools, see IDEAL Industries
		   Snap-on Incorporated						     339
		   Spear & Jackson Garden Products, see United Pacific Industries
		   SPX Corporation						     344
		   Stanley Black & Decker Incorporated				     348
		   STIHL Holding AG & Company KG				     360
		   Techtronic Industries Company Limited			     363
		   Textron Incorporated						     368
		   TRUMPF Group							     372
		   United Pacific Industries Limited				     375
		   Wal-Mart Stores Incorporated					     377
		   Western Forge, see IDEAL Industries
		   Windsor Forestry Products, see Blount International
		Additional Companies Mentioned in Study				     379


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- EXECUTIVE SUMMARY
		Summary Table							       3

		SECTION II -- MARKET ENVIRONMENT
	1	Macroeconomic Indicators					       9
	2	Personal Consumption Expenditures				      12
	3	Resident Population						      15
	4	Housing Stock by Type						      19
	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					      40
	14	Manufacturers’ Shipments					      44

		SECTION III -- POWER & HAND TOOL OVERVIEW
	1	Power & Hand Tool Supply & Demand				      48
	2	Power & Hand Tool Shipments by Type				      50
	3	Power & Hand Tool Foreign Trade					      51
	4	World Power & Hand Tool Demand					      58
	5	Price Deflators for Power & Hand Tools				      60

		SECTION IV -- POWER TOOLS
	1	Power Tool Supply & Demand					      66
	2	Electric Tool Supply & Demand					      73
	3	Electric Tool Demand by Power Source				      78
	4	Electric Drill Supply & Demand					      81
	5	Electric Saw Supply & Demand					      86
	6	Electric Sander, Polisher, & Grinder Supply & Demand		      93
	7	Electric Screwdriver Supply & Demand				      96
	8	Electric Planer & Router Supply & Demand			     100
	9	Electric Hammer Supply & Demand					     102
	10	Other Electric Tool Supply & Demand				     104
	11	Electric Tool Parts & Attachments Supply & Demand		     107
	12	Pneumatic Tool Supply & Demand					     111
	13	Pneumatic Nailer & Stapler Supply & Demand			     118
	14	Pneumatic Impact Wrench Supply & Demand				     120
	15	Pneumatic Drill & Screwdriver Supply & Demand			     121
	16	Pneumatic Percussion Tool Supply & Demand			     123
	17	Pneumatic Sander, Polisher, & Grinder Supply & Demand		     124
	18	Other Pneumatic Tool Supply & Demand				     126
	19	Pneumatic Tool Parts & Attachments Supply & Demand		     127
	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				     143
	3	Wrench Supply & Demand						     148
	4	Pliers Supply & Demand						     154
	5	Specialized Automotive Tool Supply & Demand			     157
	6	Screwdriver Supply & Demand					     159
	7	Hammer Supply & Demand						     161
	8	Other Hand Service Tool Supply & Demand				     163
	9	Edge Tool Supply & Demand					     165
	10	Paint & Masonry Tool Supply & Demand				     167
	11	Chisel Supply & Demand						     170
	12	Ax, Adze, & Hatchet Supply & Demand				     172
	13	Hand Saw Supply & Demand					     174
	14	Other Hand Tool Supply & Demand					     177

		SECTION VI -- MARKETS
	1	Power & Hand Tool Demand by Market				     179
	2	Professional Tool Demand by Type				     182
	3	Professional Tool Demand by Sector				     184
	4	Construction Demand for Power & Hand Tools			     186
	5	Automotive Aftermarket Demand for Power & Hand Tools		     188
	6	Industrial & Other Professional Demand for Power
		   & Hand Tools							     190
	7	Consumer Tool Demand by Type					     192

		SECTION VII -- INDUSTRY STRUCTURE
	1	US Power & Hand Tool Sales by Company, 2011			     197
	2	Power & Hand Tool Demand by Distribution Channel		     214
	3	Selected Acquisitions & Divestitures				     221
	4	Selected Cooperative Agreements					     222

				      LIST OF CHARTS

    CHART NUMBER								    PAGE


		SECTION II -- MARKET ENVIRONMENT
	1	Year of Construction of Housing Stock, 2011			      19

		SECTION III -- POWER & HAND TOOL OVERVIEW
	1	Power & Hand Tool Imports by Source, 2011			      54
	2	Power & Hand Tool Exports by Destination, 2011			      57

		SECTION IV -- POWER TOOLS
	1	Power Tool Imports by Source, 2011				      68
	2	Power Tool Exports by Destination, 2011				      70
	3	Electric Tool Imports by Source, 2011				      75
	4	Electric Tool Exports by Destination, 2011			      76
	5	Electric Drill Imports by Source, 2011				      84
	6	Electric Saw Imports by Source, 2011				      90
	7	Electric Sander, Polisher, & Grinder Imports by Source, 2011	      94
	8	Electric Screwdriver Imports by Source, 2011			      98
	9	Pneumatic Tool Imports by Source, 2011				     113
	10	Pneumatic Tool Exports by Destination, 2011			     115
	11	Engine-Driven Tool Imports by Source, 2011			     131
	12	Engine-Driven Tool Exports by Destination, 2011			     131

		SECTION V -- HAND TOOLS
	1	Hand Tool Imports by Source, 2011				     138
	2	Hand Tool Exports by Destination, 2011				     140
	3	Hand Service Tool Imports by Source, 2011			     144
	4	Hand Service Tool Exports by Destination, 2011			     146
	5	Wrench Imports by Source, 2011					     151
	6	Wrench Exports by Destination, 2011				     152

		SECTION VI -- MARKETS
	1	Power & Hand Tool Demand by Market, 2001-2021			     180

		SECTION VII -- INDUSTRY STRUCTURE
	1	Power & Hand Tool Market Share, 2011				     201
	2	Power Tool Market Share, 2011					     202
	3	Hand Tool Market Share, 2011					     206