US power and hand tool demand will rise 3.1 percent annually through 2011, supported by product innovations and continued interest in DIY and hobby activities. Power tools will lead gains based on the ongoing popularity of cordless electric products like saws, sanders and polishers. The consumer market will outpace the professional segment.
This study analyzes the $12.3 billion US power and hand tool industry. It presents historical demand data for 1996, 2001 and 2006 and forecasts to 2011 and 2016 by product (e.g., drills, saws, sanders, polishers and grinders, screwdrivers, planers and routers, hammers, pneumatic, engine-driven, wrenches, pliers, edge tools); and by market.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 47 major players including Black & Decker, Stanley Works, Techtronic, Bosch, Danaher, Snap-on, Techtronic and Emerson Electric.