Global industrial hand tools market expected to reach USD 13.05 billion by 2025, at a CAGR of 4.1% between 2019 and 2025. The global industrial hand tools market is predicted to grow rapidly over the forecast period, due to the increasing demand from the construction and automotive industries.
The report covers a forecast and an analysis of the industrial hand tools market on a global and regional level. The study provides historical information for 2016, 2017, and 2018 with a forecast from 2019 to 2025 based on volume (Units) and revenue (USD Billion). The study covers the key drivers and restraints of the industrial hand tools market and the market impact within the forecast period. Furthermore, the study also includes the opportunities accessible within the industrial hand tools market on a global level.
In order to offer the users of this report, a comprehensive view of the industrial hand tools market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the industrial hand tools market has additionally been enclosed within the study. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.
The study also includes the market share of the key participant’s operating in the industrial hand tools market across the globe. Additionally, the report covered the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures and regional growth of key players within the market on a regional basis.
The study provides a crucial view of the industrial hand tools market by segmenting the market based on product type, sales channel, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. By product type, the global industrial hand tools market includes general purpose tools, layout and measuring tools, metal cutting tools, and taps and dyes. By the sales channel, the market includes online sales, retail sales, and distributor sales. Additionally, the regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
Some key manufacturers of the global industrial hand tools market are Snap-on Industrial, Klein Tools, Xinapse Systems Ltd., JK Files (India) Limited, Stanley Black Decker, Siemens Healthineers, Toshiba Medical Systems Corporation, Akar Tools Ltd., Mirada Medical Limited, Mim Software, Inc., Sciencesoft USA Corporation, Kennametal Inc., Channellock, Inc., Apex Tools Group, and Wera Tools.
This report segments the global industrial hand tools market into:
Global Industrial Hand Tools Market: Product Type Analysis
Global Industrial Hand Tools Market: Sales Channel Analysis
Global Industrial Hand Tools Market: Regional Analysis
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