A hand tool is any tool that is not a power tool – 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.
Albany, NY -- (SBWIRE) -- 04/23/2019 -- Hand Tools Market report provides (Five Forces Forecast 2019-2024) in-intensity insight of the Hand Tools industry masking all vital parameters along with Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, New Challenge Feasibility Evaluation, Analysis and Guidelines on New mission Investment. The Hand Tools Market report also offers extensive analysis of competition by topmost prime manufacturers (Stanley, Apex Tool Group, Great Wall Precision, TTi, Snap-on Inc., Ideal Industries, Textron, Klein Tools, Wurth Group, Tajima, Knipex, Irwin, PHOENIX, Wiha, Channellock, Pro'skit, Ajay, Akar Tools, JPW Industries, JK Files, DUCK, JETECH, Excelta, Sinotools) which delivers the insights strategic industry analysis of the key factors such as capacity, production, price, cost, gross, gross margin, sales volume & revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report.
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Standard Report Structure of Hand Tools Market:
Executive Summary, Market Definition, Macro-economic analysis, Parent Market Analysis, Market Overview, Forecast Factors, Segmental Analysis and Forecast, Regional Analysis, Competition Analysis
Market Segment by Type, Hand Tools market report displays the manufacture, profits, value, and market segment and growth rate of each type, covers:
-General Purpose Tools
-Metal Cutting Tools
-Layout and Measuring Tools
-Taps and Dies
Market Segment by Applications, Hand Tools market report focuses on the position and outlook for major applications/end users:
-Industrial
-Household
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Scope of Hand Tools Market:
The global average price of hand tools is in the decreasing trend, from 2203 USD/K Unit in 2012 to 2062 USD/K Unit in 2016. With the situation of global economy, prices will be in decreasing trend in the following five years.
China region is the largest supplier of hand tools, with a production market share nearly 47% in 2016. North America is the second largest supplier of hand tools, enjoying production market share nearly 22% in 2016.
The worldwide market for Hand Tools is expected to grow at a CAGR of roughly 2.9% over the next five years, will reach 17100 million US$ in 2024, from 14800 million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Hand Tools in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Important Hand Tools Market info available throughout this report:
-Challenges for the new entrants, trends, Hand Tools industry drivers.
-Strategic recommendations, forecast growth areas of the Hand Tools Market.
-Embryonic opportunities, competitive landscape, revenue share of main manufacturers.
-Comprehensive data showing Hand Tools market capacities, production, consumption, trade statistics, and prices in the recent years are provided.
-Key taking part in regions (North America, Europe, Asia Pacific, Latin America, Middle East and Africa) beside their major countries are careful throughout this report.
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