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Power Tools


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Power Tools

Growth in the US power tool market will average 4.0 percent annually through 2020, reaching $7.2 billion. Advances will be fueled by anticipated strong gains in construction expenditures and housing starts. In the smaller consumer market, do-it-yourselfers will increasingly replace more basic power tools or hand tools with higher-value power tools.

This report segments the US power tool industry by product (further segmented by power source) and market. Data is provided in million US dollars.

Power tool products include:
Electric power tools, such as:
Drills
Saws
Sanders, polishers, and grinders
Screwdrivers
Planers and routers
Hammers
Parts and attachments
Pneumatic and other power tool products, including:
Nailers and staplers
Impact wrenches
Drills and screwdrivers
Percussion tools
Sanders, polishers, and grinders
Parts and attachments
Other power tools

Electric drills will remain the largest of these through 2020, accounting for 17 percent of demand. Fastest growth will be for electric hammers, buoyed by continued growth in construction spending and increased consumer purchases.

Major power tool markets include:
Professional demand, including:
Construction
Automotive aftermarket
Industrial and other professional services
Consumer demand

The professional market was the leading market in 2015, dominated by demand in construction applications. Going forward, construction applications will continue to post the strongest gains, benefiting from strong anticipated advances in construction expenditures and technological improvements that make power tools increasingly competitive with hand tools in certain applications.

Among the key distribution channels for power tools are:
Direct sales and distributors
Home centers
E-commerce

Direct sales and distributors and home centers accounted for the majority of sales in 2015. Going forward, E-commerce will see the strongest advances, albeit from a small base, primarily due to the pricing advantage that online sales generate.

This study includes sales data for industry participants such as Apex Tool, Atlas Copco, Bosch, Danaher, Emerson, Hilti, Illinois Tool Works, Ingersoll-Rand, Makita, Snap-On, Stanley Black & Decker, and Techtronic Industries. In addition, the industry has seen a number of notable acquisitions and divestitures in recent years.


  • INTRODUCTION
  • EXECUTIVE SUMMARY
    • Table POWER TOOL SUPPLY & DEMAND
  • MARKET ENVIRONMENT
    • General
    • Macroeconomic Outlook
      • Table MACROECONOMIC INDICATORS
    • Personal Income & Expenditure Outlook
      • Table PERSONAL CONSUMPTION EXPENDITURES
    • Population
      • Table POPULATION & HOUSEHOLDS
    • Household Formation & Housing Stock Outlook
      • Table HOUSING STOCK BY TYPE
      • Table CHART II-1 YEAR OF CONSTRUCTION OF HOUSING STOCK, 2015
    • Construction Outlook
      • Table CONSTRUCTION EXPENDITURES
    • Professional Employment Outlook
      • Table PROFESSIONAL EMPLOYMENT
    • Motor Vehicle Outlook
      • Table MOTOR VEHICLE INDICATORS
    • Nonresidential Fixed Investment Outlook
      • Table NONRESIDENTIAL FIXED INVESTMENT EXPENDITURES
    • Manufacturing Outlook
      • Table MANUFACTURERS' SHIPMENTS
  • OVERVIEW
    • General: Power & Hand Tools
    • Power & Hand Tool Supply & Demand
      • Table POWER & HAND TOOL SUPPLY & DEMAND
    • Power Tool Shipments
      • Table POWER TOOL SHIPMENTS BY TYPE
    • US Foreign Trade in Power Tools
      • Table POWER TOOL FOREIGN TRADE
      • Imports
        • Table CHART III-1 POWER TOOL IMPORTS BY SOURCE, 2015
      • Exports
        • Table CHART III-2 POWER TOOL EXPORTS BY DESTINATION, 2015
    • World Power Tool Outlook
      • Table WORLD POWER TOOL DEMAND
    • Pricing Trends
      • Table PRICE DEFLATORS FOR POWER TOOLS
    • New Technology Developments
  • ELECTRIC POWER TOOLS
    • Electric Tool Supply & Demand
      • Table ELECTRIC TOOL SUPPLY & DEMAND
      • Table CHART IV-1 ELECTRIC TOOL DEMAND BY PRODUCT, 2015
      • Table CHART IV-2 ELECTRIC TOOL DEMAND: PROJECTED 2015-2020 ANNUAL RATE OF GROWTH BY PRODUCT
      • Imports
        • Table CHART IV-3 ELECTRIC TOOL IMPORTS BY SOURCE, 2015
      • Exports
        • Table CHART IV-4 ELECTRIC TOOL EXPORTS BY DESTINATION, 2015
    • Electric Tool Demand by Power Source
      • Table ELECTRIC TOOL DEMAND BY POWER SOURCE
      • Table CHART IV-5 PLUG-IN & CORDLESS ELECTRIC TOOL SHARE BY PRODUCT, 2015
      • Table SELECTED ELECTRIC POWER TOOL BRANDS
    • Drills
      • Supply & Demand
        • Table ELECTRIC DRILL SUPPLY & DEMAND
      • Foreign Trade
        • Table CHART IV-6 ELECTRIC DRILL IMPORTS BY SOURCE, 2015
      • Demand by Type
      • Producers & Brand Names
    • Saws
      • Supply & Demand
        • Table ELECTRIC SAW SUPPLY & DEMAND
      • Foreign Trade
        • Table CHART IV-7 ELECTRIC SAW IMPORTS BY SOURCE, 2015
      • Demand by Type
      • Producers & Brand Names
    • Sanders, Polishers, &Grinders
      • Supply & Demand
        • Table ELECTRIC SANDER, POLISHER, &GRINDER SUPPLY & DEMAND
      • Foreign Trade
        • Table CHART IV-8 ELECTRIC SANDER, POLISHER, &GRINDER IMPORTS BY SOURCE, 2015
      • Demand by Type
      • Producers & Brand Names
    • Screwdrivers
      • Supply & Demand
        • Table ELECTRIC SCREWDRIVER SUPPLY & DEMAND
      • Foreign Trade
        • Table CHART IV-9 ELECTRIC SCREWDRIVER IMPORTS BY SOURCE, 2015
      • Demand by Type
      • Producers & Brand Names
    • Planers & Routers
      • Table ELECTRIC PLANER & ROUTER SUPPLY & DEMAND
    • Hammers
      • Table ELECTRIC HAMMER SUPPLY & DEMAND
    • Other Electric Tools
      • Table OTHER ELECTRIC TOOL SUPPLY & DEMAND
    • Parts & Attachments
      • Table ELECTRIC POWER TOOL PARTS & ATTACHMENTS SUPPLY & DEMAND
  • PNEUMATIC & OTHER POWER TOOLS
    • Supply & Demand
      • Table PNEUMATIC & OTHER POWER TOOL SUPPLY & DEMAND
      • Imports
        • Table CHART V-1 PNEUMATIC TOOL IMPORTS BY SOURCE, 2015
      • Exports
        • Table CHART V-2 PNEUMATIC TOOL EXPORTS BY DESTINATION, 2015
        • Table SELECTED PNEUMATIC POWER TOOL BRANDS
    • Pneumatic Power Tools
      • Table PNEUMATIC POWER TOOL SUPPLY & DEMAND
      • Nailers & Staplers
        • Table PNEUMATIC NAILER & STAPLER SUPPLY & DEMAND
      • Impact Wrenches
        • Table PNEUMATIC IMPACT WRENCH SUPPLY & DEMAND
      • Drills & Screwdrivers
        • Table PNEUMATIC DRILL & SCREWDRIVER SUPPLY & DEMAND
      • Percussion Tools
        • Table PNEUMATIC PERCUSSION TOOL SUPPLY & DEMAND
      • Sanders, Polishers, &Grinders
        • Table PNEUMATIC SANDER, POLISHER, &GRINDER SUPPLY & DEMAND
      • Other Pneumatic Tools
        • Table OTHER PNEUMATIC TOOL SUPPLY & DEMAND
      • Parts & Attachments
        • Table PNEUMATIC TOOL PARTS & ATTACHMENTS SUPPLY & DEMAND
    • Other Power Tools
      • Table OTHER POWER TOOL SUPPLY & DEMAND
  • MARKETS
    • General
      • Table POWER TOOL DEMAND BY MARKET
    • Professional Demand
      • Table PROFESSIONAL POWER TOOL DEMAND BY SECTOR
      • Construction
        • Table CONSTRUCTION DEMAND FOR POWER TOOLS
      • Automotive Aftermarket
        • Table AUTOMOTIVE AFTERMARKET DEMAND FOR POWER TOOLS
      • Industrial & Other Professional Services
        • Table INDUSTRIAL & OTHER PROFESSIONAL DEMAND FOR POWER TOOLS
    • Consumer Demand
      • Table CONSUMER POWER TOOL DEMAND
  • DISTRIBUTION CHANNELS
    • Channel Overview
      • Table POWER TOOL SALES BY DISTRIBUTION CHANNEL
    • Direct Sales & Distributors
    • Home Centers
    • E-Commerce
    • Other
  • INDUSTRY STRUCTURE
    • General
    • Industry Composition
      • Table US POWER TOOL SALES BY COMPANY, 2015
    • Market Share
      • Table CHART VIII-1 POWER TOOL MARKET SHARE, 2015
    • Private Label
    • Competitive Strategies
    • Research & Product Development
    • Marketing
    • Cooperative Agreements
      • Table SELECTED COOPERATIVE AGREEMENTS
    • Mergers, Acquisitions, &Divestitures
      • Table SELECTED ACQUISITIONS & DIVESTITURES
    • Company Profiles
      • Actuant Corporation
      • AIMCO Corporation
      • Alltrade Tools LLC
      • Apex Tool Group LLC
      • Atlas Copco AB
      • Bosch (Robert) GmbH
      • Chervon Holdings Limited
      • Danaher Corporation
      • Daniels Manufacturing Corporation
      • DEPRAG-Schulz GmbH and Company
      • Emerson Electric Company
      • Great Neck Saw Manufacturers Incorporated
      • Harbor Freight Tools
      • Hilti AG
      • Hitachi Limited
      • IDEAL Industries Incorporated
      • Illinois Tool Works Incorporated
      • Ingersoll-Rand plc
      • JPW Industries Incorporated
      • Makita Corporation
      • Newell Brands Incorporated
      • Northern Tool + Equipment
      • Panasonic Corporation
      • Senco Brands Incorporated
      • Snap-on Incorporated
      • SPX Corporation
      • SPX Flow Incorporated
      • Stanley Black & Decker Incorporated
      • Techtronic Industries Company Limited
      • Textron Incorporated
      • TRUMPF Group
    • Other Companies Mentioned In Study

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