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.