openPR Logo
Press release

Indian Hand Tools Market Trends, Size, Competitive Analysis and Forecast - 2020-2026

11-19-2020 08:44 AM CET | Health & Medicine

Press release from: Orion Market Research

Indian Hand Tools Market

Indian Hand Tools Market

The Indian hand tools market is anticipated to grow at a CAGR of 3.8% during the forecast period. India is expected to be one of the well-established markets for conventional hand tools market in the Asia-Pacific region alongside China. Despite the slow replacement of hand tools by power tools in the country due to the rising demands for more precision, efficiency, performance, and to improve the overall ergonomics, the hand tools are the more dominant tool type in the country.
Construction and automotive are the two main industries where the demand for hand tools is witnessing steady growth in recent years. The demand for highly sophisticated precision tools has been increasing in industries like aerospace, defense, energy, shipbuilding, and manufacturing industries in the country. Further, the ‘Make in India’ concept is also encouraging new vendors, which can support both the hand tools and power tools industries.

Request a free sample of our report on Indian Hand Tools Market: https://www.omrglobal.com/request-sample/indian-hand-tools-market

The construction industry faced a huge downfall in 2020, especially during Q1 and Q2 2020 owing to the COVID-19 pandemic, where infrastructural activities were brought to a complete halt. The rising unemployment in the residential sector is also a challenging factor for construction-oriented industries like tools and accessories. The construction market is also expected to contract by 7– 8% in 2020 despite its slow revival in the latter half of 2020. However, growth can be more certain post-2021, where India is expected to contribute over $635 billion to the global construction market by 2022.

A full report of Indian Hand Tools Market is available at: https://www.omrglobal.com/industry-reports/indian-hand-tools-market

Indian Hand Tools Market Segmentation

By Tool Type
• General Purpose Tools
o Hammers
o Clamps and Vises
o Pliers
o Ratchets and Sockets
o Riveters
o Screwdrivers and Nut Drivers
o Wrecking Bars
o Wrenches

• Cutting Tools
o Chisel and Files
o Cable and Wire Cutting Tools
o Knives and Blades
o Saws

• Layout and Measuring Tools
o Plumb Bob
o Try Square
• Taps and Dies

By End-user
• Commercial
• Industrial
• Residential

Company Profiles
• Ajay Industries
• Alok International Pvt. Ltd.
• Deeps Tools Pvt. Ltd.
• Eastman Cast and Forge, Ltd.
• Hansco Sales(India)
• JCBL Group
• JK Files (India), Ltd.
• Sterling Mfg. Co
• Venus Industrial Corp.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/indian-hand-tools-market

Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404

About us:
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

For More Information, Visit https://www.omrglobal.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Indian Hand Tools Market Trends, Size, Competitive Analysis and Forecast - 2020-2026 here

News-ID: 2190488 • Views:

More Releases from Orion Market Research

Sales Enablement Software Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Sales Enablement Software Market Size Analysis, Competitive Insights, Leading Pl …
The Sales Enablement Software Market was valued at approximately USD 3.4 billion in 2024 and is projected to reach around USD 13.1 billion by 2033, growing at a compound annual growth rate (CAGR) of 14.7% from 2025 to 2033. Sales Enablement Software Market Overview The Sales Enablement Software Market is experiencing significant growth, driven by the increasing need for businesses to enhance their sales processes and improve team performance. These platforms
Feed management software Market Set to Witness Significant Growth by 2033 | Prairie Systems, Dairy Records Management Systems (DRMS)
Feed management software Market Set to Witness Significant Growth by 2033 | Prai …
The global Feed Management Software Market was estimated to be around USD 0.6 billion in 2024, and is projected to reach approximately USD 1.2 billion by 2033, growing at a compound annual growth rate (CAGR) of about 7.5% from 2025 to 2033. Feed Management Software Market Overview The Feed Management Software Market is expanding steadily as the agriculture and livestock industries shift toward digital transformation to optimize feed formulation and reduce
POP (Point of Purchase) Display Market - Industry Trends and Forecast to 2033
POP (Point of Purchase) Display Market - Industry Trends and Forecast to 2033
The POP (Point of Purchase) Display Market is expected to reach approximately USD 25.6 billion by 2033, growing at a compound annual growth rate (CAGR) of 5.7% from 2024 to 2033. POP (Point of Purchase) Display Market Overview The POP display market is experiencing steady growth, driven by the increasing need for effective in-store marketing strategies. POP displays, which include floor displays, end caps, counter displays, and digital signage, play a crucial
Educational Robot Market Set to Witness Significant Growth by 2033 | Hanson Robotics, Robobloq, Probotics America, Wonder Workshop
Educational Robot Market Set to Witness Significant Growth by 2033 | Hanson Robo …
The Educational Robot Market was valued at approximately USD 1.9 billion in 2024, and is projected to reach USD 5.9 billion by 2033, representing a compound annual growth rate (CAGR) of 13.6% between 2025 and 2033. Educational Robot Market Overview The Educational Robot Market is gaining considerable traction as schools and higher education institutions increasingly embrace robotics to enhance STEM-based learning and promote active, hands-on educational experiences. Technological integration-especially with artificial

All 5 Releases


More Releases for India

Ayurvedic Service Market is Flourishing Like Never Before | Patanjali Ayurved Li …
RnM newly added a research report on the Ayurvedic Service market, which represents a study for the period from 2020 to 2026. The research study provides a near look at the market scenario and dynamics impacting its growth. This report highlights the crucial developments along with other events happening in the market which are marking on the growth and opening doors for future growth in the coming years. Additionally, the
Pasta Market Report 2019 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2019 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2019 to 2025, etc. The report also provides detailed segmentation on the
12-11-2018 | Health & Medicine
Pasta
Pasta Market Report 2018 Companies included Bambino (India), Nestle (USA), Field …
We have recently published this report and it is available for immediate purchase. For inquiry Email us on: jasonsmith@marketreportscompany.com This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018 to 2025, etc. The report also provides detailed segmentation on the
Interior Designers India, Designers and Architects India, Interior Design Consul …
Synergy Corporate Interiors Pvt. Ltd. are offer Designers and Architects India Our architects, designers are working an national and international client base. The final design output is then integrated with the various technical and engineering aspects and taken into production. The expression is also individualistic, based on the communication of the correct corporate identity. Our designers, engineers and architects perform any plan successfully combine handy knowledge with creative ideas into
Domain Registration India, Web Hosting India, VPS Hosting India , SSL Certificat …
All the Domain Registration services are at affordable price and assure you for the 100% quality. India Internet offers cheap domain name registration for many domain extensions available. We are a full-service web site solutions provider. We offer a full range of web services including domain registration India, Web Hosting India, Web design, SEO marketing and etc. We offer different standard and different Windows .NET low-cost, full-featured, all-inclusive web hosting and domain
Domain Registration India, Web Hosting India, Payment Gateway India
Indiainternet.in is a Quality Web Hosting Company India, provide all web related support and Web hosting services like linux web hosting, windows web hosting, web hosting packages, domain registration in india, Corporate email solution, business email hosting, payment gateway integration, SSL with supports like free php, cgi, asp, free msaccess, free cdonts, free webmail, web based control panel, unlimited ftp access, unlimited data transfer. During the domain registration process, you will