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
List of Figures
1. Global Industrial Hand Tools Market Segmentation by Product Type, Sales Channel, and Region
2. Global Industrial Hand Tools Market, 2016–2025 (Units) (USD Billion)
3. Value Chain Analysis: Industrial Hand Tools Market
4. Porter’s Five Forces Analysis: Industrial Hand Tools Market
5. Market Attractiveness Analysis by Product Type
6. Market Attractiveness Analysis by Sales Channel
7. Market Attractiveness Analysis by Region
8. Global Industrial Hand Tools Market: Company Market Share, 2018
9. Global Industrial Hand Tools Market Share, by Product Type, 2018 and 2025
10. Global Industrial Hand Tools Market Share, by General Purpose Tools, 2016–2025 (Units) (USD Billion)
11. Global Industrial Hand Tools Market Share, by Layout & Measuring Tools, 2016–2025 (Units) (USD Billion)
12. Global Industrial Hand Tools Market Share, by Metal Cutting Tools, 2016–2025 (Units) (USD Billion)
13. Global Industrial Hand Tools Market Share, by Taps & Dies, 2016–2025 (Units) (USD Billion)
14. Global Industrial Hand Tools Market Share, by Sales Channel, 2018 and 2025
15. Global Industrial Hand Tools Market for Online Sales, 2016–2025 (Units) (USD Billion)
16. Global Industrial Hand Tools Market for Retail Sales, 2016–2025 (Units) (USD Billion)
17. Global Industrial Hand Tools Market for Distributor Sales, 2016–2025 (Units) (USD Billion)
18. Global Industrial Hand Tools Market Share, by Region, 2018 and 2025
19. North America Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
20. The U.S. Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
21. Rest of North America Industrial Hand Tools Market,2016–2025 (USD Billion) (Units)
22. Europe Industrial Hand Tools Market,2016–2025 (USD Billion) (Units)
23. UK Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
24. France Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
25. Germany Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
26. Rest of Europe Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
27. Asia Pacific Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
28. China Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
29. Japan Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
30. India Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
31. Rest of Asia Pacific Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
32. Latin America Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
33. Brazil Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
34. Rest of Latin America Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
35. The Middle East and Africa Industrial Hand Tools Market, 2016–2025 (USD Billion) (Units)
List of Tables
1. Global Industrial Hand Tools Market Snapshot
2. Drivers for Industrial Hand Tools Market: Impact Analysis
3. Restraints of Industrial Hand Tools Market: Impact Analysis
4. North America Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
5. North America Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
6. North America Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
7. North America Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
8. The U.S. Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
9. The U.S. Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
10. The U.S. Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
11. The U.S. Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
12. Rest of North America Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
13. Rest of North America Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
14. Rest of North America Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
15. Rest of North America Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
16. Europe Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
17. Europe Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
18. Europe Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
19. Europe Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
20. UK Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
21. UK Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
22. UK Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
23. UK Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
24. France Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
25. France Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
26. Europe Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
27. Europe Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
28. Germany Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
29. Germany Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
30. Germany Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
31. Germany Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
32. Rest of Europe Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
33. Rest of Europe Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
34. Rest of Europe Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
35. Rest of Europe Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
36. Asia Pacific Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
37. Asia Pacific Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
38. Asia Pacific Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
39. Asia Pacific Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
40. China Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
41. China Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
42. China Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
43. China Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
44. Japan Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
45. Japan Industrial Hand Tools Market Revenue, by Product Type, 2016 - 2025 ((USD Billion)
46. Japan Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
47. Japan Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
48. India Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
49. India Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
50. India Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
51. India Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
52. Rest of Asia Pacific Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
53. Rest of Asia Pacific Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
54. Rest of Asia Pacific Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
55. Rest of Asia Pacific Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
56. Latin America Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
57. Latin America Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
58. Latin America Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
59. Latin America Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
60. Brazil Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (Units)
61. Brazil Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
62. Brazil Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
63. Brazil Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
64. Rest of Latin America Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
65. Rest of Latin America Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
66. Rest of Latin America Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
67. Rest of Latin America Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
68. The Middle East and Africa Industrial Hand Tools Market Volume, by Product Type, 2016–2025 (Units)
69. The Middle East and Africa Industrial Hand Tools Market Revenue, by Product Type, 2016–2025 (USD Billion)
70. The Middle East and Africa Industrial Hand Tools Market Volume, by Sales Channel, 2016–2025 (Units)
71. The Middle East and Africa Industrial Hand Tools Market Revenue, by Sales Channel, 2016–2025 (USD Billion)
Industrial hand tools are mechanically driven, which are widely used in several industries, such as automotive, construction, metal processing, etc.
The global industrial hand tools market is expected to grow notably in the future, owing to the flourishing automotive industry in emerging countries, such as China, India, Brazil, Indonesia, etc. The increasing use of industrial hand tools in the automotive industry is likely to drive the market in the future. Additionally, the growing construction activities in India and China have further propelled the application of industrial hand tools. Moreover, the large-scale awareness regarding labor safety and ergonomics is anticipated to fuel the global industrial hand tools market growth in the years ahead. However, the oscillating costs of raw materials may restrain the market in the future. Alternatively, the expansion of e-retailing is expected to offer new growth opportunities in the industrial hand tools market in the future.
The global industrial hand tools market is classified based on product type and sales channel. Based on product type, the industrial hand tools market is divided into metal cutting tools, layout and measuring tools, general purpose tools, and taps and dies. General purpose tools dominated the market in 2018 and are projected to continue its dominance throughout the forecast period as well, owing to rising product demand for commercial and residential construction activities. Moreover, metal cutting tools are expected to grow at the fastest rate over the upcoming years. Based on the sales channel, the global industrial hand tools market is segmented into online sales, retail sales, and distributor sales. The online sales channel is expected to register the highest CAGR over the forecast timeframe, owing to the growing demand for the e-commerce platform.
Regionally, Europe and North America are the largest regional markets in the global industrial hand tools and held major shares of the global market in 2018. This can be attributed to the rapidly expanding construction industry, which is propelling the demand for advanced tools. Additionally, the rising focus on infrastructural development by the governments is likely to further enhance the growth of these regions’ industrial hand tools market in the future.
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.
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