
Power Tools
Description
Power Tools
US demand for power tools is projected to increase 4.1% per year to $9.9 billion in 2024. Demand for power tools will be supported by gains in construction activity and manufacturing. Additionally, product development will continue to support the increased adoption of cordless electric power tools.
This report covers power tools by Product, Power Source, Market, and Distribution Channel, along with a discussion of general power tool industry trends and consumer trends. Data are given in dollar value.
Power tools covered in the study include:
Electric products (drills; saws; sanders, polishers, and grinders; screwdrivers; impact wrenches; planers and routers; hammers; other electric tools; and parts and attachments)
Pneumatic products (nailers and staplers; impact wrenches; drills and screwdrivers; percussion tools; sanders, polishers, and grinders; other pneumatic tools; and parts and attachments)
Other products
Power sources covered in the study include:
Plug-in, cordless, pneumatic, and other (hydraulic, powder-actuated, and engine-driven)
Markets for power tools include:
Professional (construction, automotive aftermarket, and industrial and other professional)
Consumer
Distribution channels covered in the study include:
Home centers
Direct sales and distributors
Hardware stores
E-commerce
Mass marketers
Scope of the Report
This report covers the scope, size, and growth of the US power tools market including key trends in applications and market segmentation. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024. Data are provided in dollar value. Also included are survey data on consumer preferences and behavior and analysis of the industry’s key players and their market shares.
US demand for power tools is projected to increase 4.1% per year to $9.9 billion in 2024. Demand for power tools will be supported by gains in construction activity and manufacturing. Additionally, product development will continue to support the increased adoption of cordless electric power tools.
This report covers power tools by Product, Power Source, Market, and Distribution Channel, along with a discussion of general power tool industry trends and consumer trends. Data are given in dollar value.
Power tools covered in the study include:
Electric products (drills; saws; sanders, polishers, and grinders; screwdrivers; impact wrenches; planers and routers; hammers; other electric tools; and parts and attachments)
Pneumatic products (nailers and staplers; impact wrenches; drills and screwdrivers; percussion tools; sanders, polishers, and grinders; other pneumatic tools; and parts and attachments)
Other products
Power sources covered in the study include:
Plug-in, cordless, pneumatic, and other (hydraulic, powder-actuated, and engine-driven)
Markets for power tools include:
Professional (construction, automotive aftermarket, and industrial and other professional)
Consumer
Distribution channels covered in the study include:
Home centers
Direct sales and distributors
Hardware stores
E-commerce
Mass marketers
Scope of the Report
This report covers the scope, size, and growth of the US power tools market including key trends in applications and market segmentation. Historical data are provided for 2009, 2014, and 2019 with forecasts for 2024. Data are provided in dollar value. Also included are survey data on consumer preferences and behavior and analysis of the industry’s key players and their market shares.
Table of Contents
232 Pages
- Figure 1-1 | US Power Tool Market
- Study Scope
- Supply & Demand
- Near-Term Impact of COVID-19
- Pricing Trends
- New Technology Developments
- Key Findings
- Scope
- Supply & Demand
- Plug-In vs. Cordless
- Demand by Type
- Drills
- Saws
- Sanders, Polishers, &Grinders
- Screwdrivers
- Impact Wrenches
- Planers & Routers
- Hammers
- Other Electric Tools
- Parts & Attachments
- Key Findings
- Scope
- Supply & Demand
- Demand by Type
- Nailers & Staplers
- Impact Wrenches
- Drills & Screwdrivers
- Percussion Tools
- Sanders, Polishers, &Grinders
- Other Pneumatic Tools
- Parts & Attachments
- Key Findings
- Supply & Demand
- Hydraulic Power & Powder-Actuated Tools
- Engine-Driven Tools
- Scope
- Demand by Power Source
- Demand by Market Sector
- Market Scope
- Demand by Type & Power Source
- Factors Impacting Consumer Purchasing
- Consumer Spending Habits
- Demand by Distribution Channel
- Home Centers
- Direct Sales & Distributors
- Hardware Stores
- E-Commerce
- Mass Marketers
- Key Findings & Industry Composition
- Market Share
- Competitive Strategies
- Mergers & Acquisitions
- Private Label
- List of Industry Participants
- Scope
- Definitions
- Abbreviations
- Freedonia Methodology
- Study-Specific Methodology
- Sources
- Associations & Agencies
- Related Studies & Reports
- Macroeconomic Assumptions
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Pricing
Currency Rates
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