Market Research Reports, Inc. has announced the addition of “China Power Tool Industry Report, 2014-2017” research report to their website http://www.marketresearchreports.com
Lewes, DE -- (SBWIRE) -- 08/20/2014 -- According to China Power Tool Industry Report, 2014-2017 made by Publisher, China’s output of power tools will present a CAGR of 7% during 2014-2017, and the figure is expected to be up to 314 million units in 2017.
China is a large exporter of power tools, with more than 80% of products for export. In 2013, China exported a total of 201 million units of sundry power tool, up 2.06% year on year; later in the first half year of 2014 the export volume reached 104 million units with a year-on-year rise of 3.5%, of which the export volume of electric drill and scrubbing tool reached 31.22 million units and 23.74 million units separately and swept the largest shares, 30% and 22.8% respectively.
Power tools, as a whole, can be divided into industrial grade, professional grade and household grade, among which household power tool has not a high threshold for market access, typically characteristic of decentralized operation. Currently, the top five producer of household power tool in China hold a total market share of less than 10%, and most small-sized firms have gross margin of below 10% each.
By contrast, the professional power tool has a far higher gross margin than the household power tool, with the average industrial gross margin remaining between 15% and 25% over the recent years, particularly the gross margin of multinational corporations’ brands high up to 25%-35% on average.
China Power Tool Industry Report, 2014-2017 by Publisher, including five chapters and 65 charts, highlights the followings:
- Overview of power tool industry (consisting mainly of macro economy and related policies);
- Analysis on China power tool market (involving the estimation of market size and the analysis of regional output);
- China power tool import & export market (such as the import & export volume and value of breakdown products);
- Competition pattern (analysis of influential brands and barriers for industry accession);
- Operation of 15 power tool companies worldwide (including profile, financial indices, revenue structure, major customers, performance prediction, etc.)
Spanning over 80 pages, “China Power Tool Industry Report, 2014-2017” report covering the Macroeconomic Analysis, Overview of Power Tool Industry, Global and China Power Tool Market Size and Forecast, China Power Tool Industry by Region, Operation of Power Tool Enterprises in China. The report covered companies are - Ken Tools
Bosun Tools, Great Star Industrial, TTI Group, HILTI, Black & Decker, BOSCH, Makita Corporation, Hitachi Koki, Jiangsu Guoqiang Tools, Zhejiang Boda Industrial Co.,Ltd., Ningbo Lis Industrial Co., Ltd., Jiangsu Dongcheng Power Tools Co., Ltd., Hammer Electric Power Tools Company, Zhejiang Hengyou Machine & Electron Co.,Ltd.
For more information visit at: http://www.marketresearchreports.com/sinomarketinsight/china-power-tool-industry-report-2014-2017
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