Power-Driven Handtool Manufacturing
Brief Excerpt from Industry Overview Chapter:
Companies in this industry manufacture power-driven hand tools (battery, corded, and pneumatic). Top companies include Snap-On, Stanley Black & Decker, and Textron (all based in the US), as well as Hitachi, Makita, and Ryobi (all in Japan), Positec (China), Techtronic Industries (Hong Kong), and Robert Bosch (Germany).
Demand is driven by consumer spending and construction activity. The profitability of individual companies depends on effective marketing, efficient production, and product innovation. Large companies have economies of scale in purchasing and production. Small firms can compete by making specialty products. The US power tool manufacturing industry is highly concentrated: the top 50 companies account for more than 95% of industry revenue.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major hand-held power tool products include chain saws, circular saws, grinders, drill-drivers, impact wrenches, jigsaws, nail guns, paint spray guns, routers, and sanders.
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