
US Mechanical Hand Tools Market Research Report Forecast to 2030
Description
US Mechanical Hand Tools Market Research Report Forecast to 2030
US Mechanical Hand Tools Market Research Report Forecast to 2030
In recent years, the demand for mechanical hand tools has increased substantially back on the hefty demand generation from industrial and non-industrial sector. Key features of mechanical hand tools such as high durability and improved efficiency has raise its popularity and demand across the end users. This report has segmented the US mechanical hand tools market based on type, end user and distribution channel.
Mechanical hand tools are handy and efficient form of solutions predominantly used on daily basis for wide range of applications such as cutting, chopping, shaping, leveling, fitting, blocking, screwing and others. Based on applications these hand tools are used across industrial, commercial and residential sectors. Availability of customization and product level innovation of mechanical hand tools are gaining substantial traction in the United States market. The future growth outlook for US mechanical hand tools market seems astonishing as the demand generation from end use industries for wide range of mechanical hand tools is consistently rising.
The US mechanical hand tools market growth is expected to be driven by key factors such as increasing adoption of mechanical hand tools in end-used industries and rising investment in R&D sector by various players. However, factors such as the fluctuating raw material prices associated with hand tools and increased in safety risk and concerns due to improper use of hand tools are expected to restrict the market growth. On the other hand, factors such as increasing online sales and increasing woodwork and DIY activities poses lucrative opportunities for the US mechanical hand tools market during the forecast period.
Market Segmentation
Based on type, the US mechanical hand tools market has been segmented into spanners, vices/clamps, pliers/pincers, household tools, grease guns, wrenches, screwdrivers, hammers/sledge hammers, chisel/gauge, metal working tools, specialty tools, hydraulic jacks, mechanical jacks, sockets, stands and others. Based on end user, the US mechanical hand tools market has been segmented into industrial, commercial and residential.
Based on distribution channel, the US mechanical hand tools market has been segmented into supermarkets & hypermarkets, convenience store, specialty stores and online. The online segment is anticipated to drive the us mechanical hand tools market throughout the forecast period.
Major Players
Robert Bosch Tool Corporation, Stanley Black & Decker Inc, Snap-on, Metabowerke GmbH, Hilti Corporation, Klein Tools, Inc., Makita Corporation, Channellock, Wiha are the major players in the market.
Companies Mentioned
Robert Bosch Tool Corporation
Stanley Black & Decker Inc
Snap-on
Metabowerke GmbH
Hilti Corporation
Klein Tools
Inc.
Makita Corporation
Channellock
Wiha
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Table of Contents
151 Pages
- 1 Executive Summary 16
- 1.1 Market Attractiveness Analysis 18
- 1.1.1 Us Mechanical Hand Tools, By Type 18
- 1.1.2 Us Mechanical Hand Tools, By End User 19
- 1.1.3 Us Mechanical Hand Tools, By Distribution Channel 20
- 2 Market Introduction 21
- 2.1 Definition 21
- 2.2 Scope Of The Study 21
- 2.3 Market Structure 22
- 3 Research Methodology 23
- 3.1 Research Process 23
- 3.2 Primary Research 24
- 3.3 Secondary Research 25
- 3.4 Market Size Estimation 26
- 3.5 Top-down And Bottom-up Approach 26
- 3.6 Forecast Model 27
- 3.7 List Of Assumptions 28
- 4 Market Dynamics 29
- 4.1 Introduction 29
- 4.2 Drivers 30
- 4.2.1 Increasing Adoption Of Mechanical Hand Tools In End-used Industries 30
- 4.2.2 Rising Investment In R&D Sector By Major Players 30
- 4.2.3 Drivers Impact Analysis 31
- 4.3 Restraint 31
- 4.3.1 Fluctuating Raw Material And Component Prices 31
- 4.3.2 Increased In Safety Risk And Concerns Due To Improper Use Of Hand Tools 31
- 4.3.3 Restraint Impact Analysis 32
- 4.4 Opportunity 32
- 4.4.1 Shifting Inclination Toward Online Purchasing Of Hand Tools Is Gaining Traction In
- The Market 32
- 4.4.2 Increasing Woodwork And Diy Activities 33
- 4.5 Challenges 33
- 4.5.1 Lack Of All Dimension Hand Tool Designed For All Possible Area 33
- 4.5.2 Supply Chain Issues 33
- 5 Market Factor Analysis 34
- 5.1 Supply Chain Analysis 34
- 5.1.1 R&D 34
- 5.1.2 Raw Material Supply 35
- 5.1.3 Manufacturers 35
- 5.1.4 Distribution & Sales Channels 35
- 5.1.5 End User 35
- 5.2 Porter's Five Forces Model 36
- 5.2.1 Threat Of New Entrants 36
- 5.2.2 Bargaining Power Of Suppliers 37
- 5.2.3 Threat Of Substitutes 37
- 5.2.4 Bargaining Power Of Buyers 37
- 5.2.5 Intensity Of Rivalry 37
- 5.3 Impact Of Covid-19 Outbreaks On Us Mechanical Hand Tools Market 38
- 5.3.1 Impact On Production 38
- 5.3.2 Impact On Supply Chain 38
- 5.3.3 Impact On Pricing 38
- 5.3.4 Impact On Consumer Buying Behaviours 38
- 5.3.5 Impact On Online V/S Offline Sales 38
- 5.3.6 Others 39
- 5.4 Overview On Consumers’/Customer’s Insights 39
- 6 Us Mechanical Hand Tools Market, By Type 43
- 6.1 Overview 43
- 6.2 Spanners 45
- 6.3 Vices/Clamps 45
- 6.4 Pliers/Pincers 45
- 6.5 Household Tools 45
- 6.6 Grease Guns 46
- 6.7 Wrenches 46
- 6.8 Screwdrivers 46
- 6.9 Hammers/Sledge Hammers 46
- 6.10 Chisel/Gauges 47
- 6.11 Metal Working Tools 47
- 6.12 Specialty Tools 47
- 6.13 Hydraulic Jacks 47
- 6.14 Mechanical Jacks 48
- 6.15 Stands 48
- 6.16 Sockets 48
- 6.17 Others 49
- 7 Us Mechanical Hand Tools Market, By End User 50
- 7.1 Overview 50
- 7.2 Industrial 51
- 7.3 Commercial 51
- 7.4 Residential 52
- 8 Us Mechanical Hand Tools Market, By Distribution Channel 53
- 8.1 Overview 53
- 8.2 Supermarkets & Hypermarkets 54
- 8.3 Convenience Store 54
- 8.4 Speciality Stores 55
- 8.5 Online 55
- 9 Competitive Landscape 57
- 9.1 Overview 57
- 9.2 Competitive Benchmarking 58
- 9.3 Market Share Analysis 59
- 9.4 Key Developments In The Us Mechanical Hand Tools Market 59
- 9.4.1 Product Launch 59
- 9.4.2 Partnership 61
- 9.4.3 Expansion 61
- 9.4.4 Collaboration 62
- 10 Company Profiles (Manufacturers) 63
- 10.1 Robert Bosch Tool Corporation 63
- 10.1.1 Company Overview 63
- 10.1.2 Financial Overview 64
- 10.1.3 Products Offered 64
- 10.1.4 Key Developments 66
- 10.1.5 Swot Analysis 66
- 10.1.6 Key Strategies 67
- 10.2 Stanley Black & Decker Inc 68
- 10.2.1 Company Overview 68
- 10.2.2 Financial Overview 69
- 10.2.3 Products Offered 69
- 10.2.4 Key Developments 74
- 10.2.5 Swot Analysis 75
- 10.2.6 Key Strategies 75
- 10.3 Snap-on 76
- 10.3.1 Company Overview 76
- 10.3.2 Financial Overview 77
- 10.3.3 Products Offered 78
- 10.3.4 Key Developments 79
- 10.3.5 Swot Analysis 79
- 10.3.6 Key Strategies 80
- 10.4 Metabowerke Gmbh 81
- 10.4.1 Company Overview 81
- 10.4.2 Financial Overview 81
- 10.4.3 Products Offered 81
- 10.4.4 Key Developments 82
- 10.4.5 Swot Analysis 83
- 10.4.6 Key Strategies 83
- 10.5 Hilti Corporation 84
- 10.5.1 Company Overview 84
- 10.5.2 Financial Overview 84
- 10.5.3 Products Offered 85
- 10.5.4 Key Developments 85
- 10.5.5 Swot Analysis 86
- 10.5.6 Key Strategies 86
- 10.6 Klein Tools, Inc. 87
- 10.6.1 Company Overview 87
- 10.6.2 Financial Overview 87
- 10.6.3 Products Offered 87
- 10.6.4 Key Developments 88
- 10.6.5 Swot Analysis 89
- 10.6.6 Key Strategies 89
- 10.7 Dewalt 90
- 10.7.1 Company Overview 90
- 10.7.2 Financial Overview 90
- 10.7.3 Products Offered 90
- 10.7.4 Key Developments 91
- 10.7.5 Swot Analysis 91
- 10.7.6 Key Strategies 92
- 10.8 Makita Corporation 93
- 10.8.1 Company Overview 93
- 10.8.2 Financial Overview 94
- 10.8.3 Products Offered 94
- 10.8.4 Key Developments 95
- 10.8.5 Swot Analysis 96
- 10.8.6 Key Strategies 96
- 10.9 Channellock 97
- 10.9.1 Company Overview 97
- 10.9.2 Financial Overview 97
- 10.9.3 Products Offered 97
- 10.9.4 Key Developments 97
- 10.9.5 Key Strategies 97
- 10.10 Wiha Tools 98
- 10.10.1 Company Overview 98
- 10.10.2 Financial Overview 98
- 10.10.3 Products Offered 98
- 10.10.4 Key Developments 99
- 10.10.5 Swot Analysis 99
- 10.10.6 Key Strategies 99
- 10.11 Craftsman 100
- 10.11.1 Company Overview 100
- 10.11.1 Financial Overview 100
- 10.11.2 Products Offered 100
- 10.11.3 Key Developments 101
- 10.11.4 Swot Analysis 102
- 10.11.5 Key Strategy 102
- 10.12 Lowe’s 103
- 10.12.1 Company Overview 103
- 10.12.2 Financial Overview 104
- 10.12.3 Products Offered 104
- 10.12.4 Key Developments 105
- 10.12.5 Swot Analysis 106
- 10.12.6 Key Strategies 106
- 10.13 Hangzhou Great Star Industrial Co., Ltd 107
- 10.13.1 Company Overview 107
- 10.13.2 Financial Overview 108
- 10.13.3 Products Offered 108
- 10.13.4 Key Developments 109
- 10.13.5 Swot Analysis 109
- 10.13.6 Key Strategies 109
- 10.14 Apex Tool Group 110
- 10.14.1 Company Overview 110
- 10.14.2 Financial Overview 110
- 10.14.3 Products Offered 110
- 10.14.4 Key Developments 111
- 10.14.5 Swot Analysis 112
- 10.14.6 Key Strategies 112
- 10.15 Js Products, Inc. 113
- 10.15.1 Company Overview 113
- 10.15.2 Financial Overview 113
- 10.15.3 Products Offered 113
- 10.15.4 Key Developments 114
- 10.15.5 Key Strategies 114
- 11 Company Profiles (Suppliers/Distributors) 115
- 11.1 O’reilly Auto Parts 115
- 11.1.1 Company Overview 115
- 11.1.2 Financial Overview 116
- 11.1.3 Products Offered 117
- 11.1.4 Key Developments 118
- 11.1.5 Swot Analysis 119
- 11.1.6 Key Strategy 119
- 11.2 Autozone, Inc. 120
- 11.2.1 Company Overview 120
- 11.2.2 Financial Overview 120
- 11.2.3 Products Offered 121
- 11.2.4 Key Developments 122
- 11.2.5 Swot Analysis 122
- 11.2.6 Key Strategies 123
- 11.3 Advanced Tools 124
- 11.3.1 Company Overview 124
- 11.3.2 Financial Overview 124
- 11.3.3 Products Offered 124
- 11.3.4 Key Developments 125
- 11.3.5 Swot Analysis 126
- 11.3.6 Key Strategies 126
- 11.4 Napa 127
- 11.4.1 Company Overview 127
- 11.4.2 Financial Overview 127
- 11.4.3 Products Offered 127
- 11.4.4 Key Developments 128
- 11.4.5 Swot Analysis 129
- 11.4.6 Key Strategies 129
- 11.5 Walmart 130
- 11.5.1 Company Overview 130
- 11.5.2 Financial Overview 131
- 11.5.3 Products Offered 132
- 11.5.4 Key Developments 133
- 11.5.5 Key Strategies 134
- 11.6 Menards 135
- 11.6.1 Company Overview 135
- 11.6.2 Financial Overview 135
- 11.6.3 Products Offered 135
- 11.6.4 Key Developments 136
- 11.6.5 Swot Analysis 137
- 11.6.6 Key Strategies 137
- 11.7 Harbor Freight 138
- 11.7.1 Company Overview 138
- 11.7.2 Financial Overview 138
- 11.7.3 Products Offered 138
- 11.7.4 Key Developments 139
- 11.7.5 Swot Analysis 140
- 11.7.6 Key Strategies 140
- 11.8 Bdi 141
- 11.8.1 Company Overview 141
- 11.8.2 Financial Overview 141
- 11.8.3 Products Offered 141
- 11.8.4 Key Developments 142
- 11.8.5 Swot Analysis 142
- 11.8.6 Key Strategy 143
- 11.9 Lowell Corporation 144
- 11.9.1 Company Overview 144
- 11.9.2 Financial Overview 144
- 11.9.3 Products Offered 144
- 11.9.4 Key Developments 145
- 11.9.5 Swot Analysis 145
- 11.9.6 Key Strategies 145
- 11.10 The Home Depot 146
- 11.10.1 Company Overview 146
- 11.10.2 Financial Overview 147
- 11.10.3 Products Offered 147
- 11.10.4 Key Developments 149
- 11.10.5 Swot Analysis 149
- 11.10.6 Key Strategy 150
- List Of Tables
- Table 1 List Of Assumptions 28
- Table 2 Us Mechanical Hand Tools Market, By Type 2018–2030 (Usd Million) 49
- Table 3 Us Mechanical Hand Tools Market, By End User 2018–2030 (Usd Million) 52
- Table 4 Us Mechanical Hand Tools Market, By Distribution Channel 2018–2030 (Usd Million) 55
- Table 5 Product Launch 59
- Table 6 Partnership 61
- Table 7 Expansion 61
- Table 8 Collaboration 62
- Table 9 Robert Bosch Tool Corporation: Products Offered 64
- Table 10 Robert Bosch Tool Corporation: Key Developments 66
- Table 11 Stanley Black & Decker Inc: Products Offered 69
- Table 12 Stanley Black & Decker Inc: Key Development 74
- Table 13 Snap-on: Products Offered 78
- Table 14 Snap-on: Key Development 79
- Table 15 Metabowerke Gmbh: Products Offered 81
- Table 16 Hilti Corporation: Products Offered 85
- Table 17 Hilti Corporation: Key Development 85
- Table 18 Klein Tools, Inc.: Products Offered 87
- Table 19 Klein Tools, Inc.: Key Development 88
- Table 20 Dewalt: Products Offered 90
- Table 21 Dewalt: Key Development 91
- Table 22 Makita Corporation: Products Offered 94
- Table 23 Channellock: Products Offered 97
- Table 24 Wiha Tools: Products Offered 98
- Table 25 Wiha Tools: Key Development 99
- Table 26 Craftsman: Products Offered 100
- Table 27 Craftsman: Key Developments 101
- Table 28 Lowe’s: Products Offered 104
- Table 29 Lowe’s: Key Developments 105
- Table 30 Hangzhou Great Star Industrial Co., Ltd: Products Offered 108
- Table 31 Hangzhou Great Star Industrial Co., Ltd: Key Developments 109
- Table 32 Apex Tool Group: Products Offered 110
- Table 33 Apex Tool Group: Key Developments 111
- Table 34 Js Products, Inc.: Products Offered 113
- Table 35 Js Products, Inc.: Key Developments 114
- Table 36 O’reilly Auto Parts: Products Offered 117
- Table 37 O’reilly Auto Parts: Key Developments 118
- Table 38 Autozone, Inc.: Products Offered 121
- Table 39 Autozone, Inc.: Key Developments 122
- Table 40 Advanced Tools: Products Offered 124
- Table 41 Napa: Products Offered 127
- Table 42 Walmart: Products Offered 132
- Table 43 Walmart: Key Development 133
- Table 44 Menards: Products Offered 135
- Table 45 Harbor Freight: Products Offered 138
- Table 46 Harbor Freight: Key Developments 139
- Table 47 Bdi: Products Offered 141
- Table 48 Lowell Corporation: Products Offered 144
- Table 49 The Home Depot: Products Offered 147
- Table 50 The Home Depot: Key Developments 149
- List Of Figures
- Figure 1 Market Synopsis 17
- Figure 2 Us Mechanical Hand Tools Analysis Market, By Type 18
- Figure 3 Us Mechanical Hand Tools Analysis Market, By End User 19
- Figure 4 Us Mechanical Hand Tools Analysis Market, By Distribution Channel 20
- Figure 5 Us Mechanical Hand Tools Market: Market Structure 22
- Figure 6 Research Process Of Mrfr 23
- Figure 7 Market Dynamics: Us Mechanical Hand Tools Market 29
- Figure 8 Drivers: Impact Analysis: Us Mechanical Hand Tools Market 31
- Figure 9 Restraint Impact Analysis: Us Mechanical Hand Tools Market 32
- Figure 10 Supply Chain Analysis: Us Mechanical Hand Tools Market 34
- Figure 11 Porter's Five Forces Analysis: Us Mechanical Hand Tools Market 36
- Figure 12 Us Mechanical Hand Tools Market, By Type, 2021 (% Share) 44
- Figure 13 Us Mechanical Hand Tools Market, By Type, 2018–2030 (Usd Million) 44
- Figure 14 Us Mechanical Hand Tools Market, By End User, 2021 (% Share) 50
- Figure 15 Us Mechanical Hand Tools Market, By End User, 2018–2030 (Usd Million) 51
- Figure 16 Us Mechanical Hand Tools Market, By Distribution Channel, 2021 (% Share) 53
- Figure 17 Us Mechanical Hand Tools Market, By Distribution Channel, 2018–2030 (Usd Million) 54
- Figure 18 Benchmarking Of Major Competitors 58
- Figure 19 Us Mechanical Hand Tools Market Share Analysis, 2021 % 59
- Figure 20 Robert Bosch Tool Corporation: Financial Overview Snapshot 64
- Figure 21 Robert Bosch Tool Corporation: Swot Analysis 66
- Figure 22 Stanley Black & Decker Inc: Financial Overview Snapshot 69
- Figure 23 Stanley Black & Decker Inc: Swot Analysis 75
- Figure 24 Snap-on: Financial Overview Snapshot 77
- Figure 25 Snap-on: Swot Analysis 79
- Figure 26 Metabowerke Gmbh: Swot Analysis 83
- Figure 27 Hilti Corporation: Financial Overview Snapshot 84
- Figure 28 Hilti Corporation: Swot Analysis 86
- Figure 29 Klein Tools, Inc.: Swot Analysis 89
- Figure 30 Dewalt: Swot Analysis 91
- Figure 31 Makita Corporation: Financial Overview Snapshot 94
- Figure 32 Makita Corporation: Swot Analysis 96
- Figure 33 Wiha Tools: Swot Analysis 99
- Figure 34 Craftsman: Financial Overview Snapshot 100
- Figure 35 Craftsman: Swot Analysis 102
- Figure 36 Lowe’s: Financial Overview Snapshot 104
- Figure 37 Hangzhou Great Star Industrial Co., Ltd: Financial Overview Snapshot 108
- Figure 38 Hangzhou Great Star Industrial Co., Ltd: Swot Analysis 109
- Figure 39 Apex Tool Group: Financial Overview Snapshot 110
- Figure 40 Apex Tool Group: Swot Analysis 112
- Figure 41 Js Products, Inc.: Financial Overview Snapshot 113
- Figure 42 O’reilly Auto Parts: Financial Overview Snapshot 116
- Figure 43 O’reilly Auto Parts: Swot Analysis 119
- Figure 44 Autozone, Inc.: Financial Overview Snapshot 120
- Figure 45 Advanced Tools: Swot Analysis 126
- Figure 46 Napa: Swot Analysis 129
- Figure 47 Walmart: Financial Overview Snapshot 131
- Figure 48 Walmart: Swot Analysis 133
- Figure 49 Bdi: Swot Analysis 142
- Figure 50 The Home Depot: Financial Overview Snapshot 147
- Figure 51 The Home Depot: Swot Analysis 149
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