Global demand for power tools is forecast to rise 3.7 percent per year through 2013. The US market will provide the best opportunities, reflecting a turnaround in the current housing crisis, continued enthusiasm for do-it-yourself projects and the introduction of improved products, especially cordless electric models.
This study analyzes the $24.1 billion world power tool industry. It presents historical demand data for the years 1998, 2003 and 2008, and forecasts for 2013 and 2018 by product (e.g., electric drills, saws, sanders, polishers and grinders; pneumatic; engine-driven), market (professional, consumer), world regional market and for 25 major national markets.
The study also considers market environment factors, details industry structure, evaluates company market share and profiles 31 industry players, including Black & Decker, Bosch and Makita.