Global and United States Hand and Power Tools Market Insights, Forecast to 2027

A hand tool is any tool that is not a Power Tools – that is, one powered by hand (manual labour) rather than by an engine. Some examples of hand tools are garden forks, secateurs, rakes, hammers, spanners, pliers, screwdrivers and chisels. Hand tools are generally less dangerous than Power Tools.
A Power Tools is power equipment actuated by an additional power source like electric motors, engines or compressed air. Power Tools are widely used in daily life.
Asia-Pacific has the largest global export quantity and manufacturers in Power Tool market. The largest market is China, accounting for about 47% in 2019. While the North America is the second sales volume market for Power Tool in 2019.
In the industry, Stanley Black&Decker (DeWalt) profits most in 2019（22.57%）and recent years, while the top 5 of manufacturing market concentration is Stanley Black＆Decker (DeWalt), Bosch, TTI, Makita, and Snap-on，accounting for 58.57% of the total market.
Nowadays, there are two mainly types of Hand and Power Tools, including Hand Tools and Power Tools. And Power Tools is the main type for Hand and Power Tools, with a market share of 61.67% in 2019.
Tools market, the Industry Field holds a 60.22% market share in 2019, following by Construction Field(19.09%) and Residential Applications(10.15%).

Market Analysis and Insights: Global and United States Hand and Power Tools Market
This report focuses on global and United States Hand and Power Tools market.
In 2020, the global Hand and Power Tools market size was US$ 41010 million and it is expected to reach US$ 58380 million by the end of 2027, with a CAGR of 5.2% during 2021-2027. In United States the Hand and Power Tools market size is expected to grow from US$ XX million in 2020 to US$ XX million by 2027, at a CAGR of XX% during the forecast period.

Global Hand and Power Tools Scope and Market Size
Hand and Power Tools market is segmented by region (country), players, by Type, and by Application. Players, stakeholders, and other participants in the global Hand and Power Tools market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application in terms of revenue and forecast for the period 2016-2027.
For United States market, this report focuses on the Hand and Power Tools market size by players, by Type, and by Application, for the period 2016-2027. The key players include the global and local players which play important roles in United States.

Segment by Type
Hand Tools
Power Tools

Segment by Application
Residential Applications
Construction Field
Industry Field
Gardening Field
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

By Company
Stanley Black＆Decker (DeWalt)
Bosch
TTI
Makita
Snap-on
HiKOKI
Apex Tool Group
Emerson
Dongcheng
Klein Tools
Hilti
DEVON (Chevron Group)
Festool
Ideal Industries
Positec Group
Knipex
Einhell
Wurth Group
Chicago Pneumatic
Jiangsu Jinding
C. & E. Fein
PHOENIX
Zhejiang Crown
Wiha
Tajima Tool
Channellock
KEN
Great Wall Precision
Akar Tools
JK Files