Mechanical Hand Tools Market Analysis and Forecast 2023 | Global Key Players 2019 – Robert Bosch Tool, Metabowerke, Hilti, Makita, Wurth Group, Klein Tools

Mechanical Hand Tools Market 2018

Mechanical Hand Tools Market 2018 is latest research report by MarketResearchFuture, the global Mechanical Hand Tools market is expected to Register High Growth Rate during 2018 To 2023. Report analyzes Mechanical Hand Tools Market Key Companies with Size, Share, Trends analysis, and Key Country Forecast to 2023. Mechanical Hand Tools Market Information is segmented by Type, By Application, And Region - Forecast 2017-2023.

Key Players

The major players operating in this market, who have adopted these strategies, are Robert Bosch Tool Corporation (U.S), Stanley Black & Decker, Inc (U.S.), Snap-on (U.S.), TOYA SA (Poland), Metabowerke GmbH (Germany), Hilti Corporation (Liechtenstein), Techtronic Industries Co. Ltd (TTI) (Hong Kong), Makita Corporation (U.S.) Wurth Group (Germany), Klein Tools

This market was valued at USD 16,044.1 million in 2016 and is poised to reach USD 20,516.3 million with a CAGR of 3.67% during the forecast period.

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Global Mechanical Hand Tools Market, By Type (Hand Service Tools, Edge Tools, Hand Saw And Others), By Application (Construction Industry, Decoration Industry, And Household Application), And Region - Forecast 2017-2023.

Mechanical Hand Tools Market – Segmentation

The global mechanical hand tools market is segmented in to 3 key dynamics for the convenience of the report and enhanced understanding;

Segmentation by Type: Comprises hand service tools, edge tools, hand saw, and others

Segmentation by Application: Comprises construction industry, decoration industry, and household application

Segmentation by Regions: Comprises Geographical regions - North America, Europe, APAC and Rest of the World.

Regional Analysis

Geographically, North America has emerged as the leading market for mechanical hand tools market consuming around 35.3% market share in 2016. US is one of the leading country in terms of consumption owing to the rising construction sites and rapid industrialization. Asia-Pacific region has registered itself as the fastest growing region with a CAGR of 4.00% during forecast period. Whereas Europe stood on third rank in terms of value.

Industry/ Innovation/ Related News:

The key strategies followed by most companies within the global mechanical hand tools market are that of new product development.

On January 2017, Stanley Black & Decker have entered into a definitive agreement with Sears Holdings Corporation to purchase the Craftsman brand from Sears Holdings. Also in October 2016, Hilmor, Irwin, Lenox Brands has been acquired by Stanley Black & Decker. This will Enhance Stanley Black & Decker's Strong Brand Portfolio.

On May 2017, Snap-on acquired Norbar Torque Tools, to expand its geographical footprint and product offering. With this acquisition, Snap-on is pressing ahead with further development and is expanding its market share with its core business sector.

Table of Contents

1 Executive Summary

2 Introduction

3 Research Methodology

4 Market Dynamics

5 Market Factor Analysis

6 Global Mechanical Hand Tools Market, By Type

7 Global Mechanical Hand Tools Market, By Application

8 Global Mechanical Hand Tools Market, By Region

9 Competitive Scenario

10 Company Profiles

11 Conclusion

12 List Of Tables

13 List Of Figures

Continued…….

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