DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/lfc24j/global_and) has announced the addition of the "Global and Chinese Power Tool Industry Report, 2013-2014" report to their offering.
Power tools are used primarily in three fields: construction, DIY and gardening, and therefore they are closely related to infrastructure construction and real estate market. Except for the period of financial crisis, the power tool market has remained fairly stable, with narrow scope of fluctuations.
In 2013, the global market size of power tools approximated USD16.3 billion, an 8.7% increase, and this figure is expected to reach USD16.8 billion, up 3.1%. But it is projected that the power tool market will shrink by 4.2% in 2015, to USD16.1 billion.
The global power tool market characterizes a quite high market concentration degree, with Stanley Black & Decker's and TTI's markets converged in North America, Makita's and Bosch's in Europe, Hilti's in infrastructure construction in Europe and Hitachi-koki's in Japan and Europe. The revenue of the four giants all outnumbers USD3 billion, and there is a small gap between them.
China is the world's largest power tool manufacturing base, with nearly 80% of global power tools made in China, especially in Jiangsu and Zhejiang. In 2013, China exported a total of 201 million sets of power tool, but only gained USD6.207 billion.
China is endeavoring for a change in its image of low-end manufacturing mainly by means of mergers and acquisitions. Take Chervon for example, it acquired German Flex. Meanwhile, the Chinese enterprises are acquired by foreign companies. For instance, Stanley Black & Decker obtained a 60% stake in Jiangsu Guoqiang in 2013.
Key Topics Covered:
1 Introduction to Power Tools
2 Power Tool Market and Industry
- Global Power Tool Market
- Global Infrastructure Construction and Building Market
- Property Market in America
- Power Tool Industry
- Lithium Battery for Power Tool
- Lithium Battery Industry
- Lithium Battery Industry in China
3 Power Tool Industry and Market in China
- Power Tool Industry in China
- Power Tool Market in China
- Property Market in China
4 Major Power Tool Manufacturers
- Chervon Holdings Ltd.
- Shanghai Ken Tools Co., Ltd.
- Jiangsu Dongcheng Power Tools Co., Ltd.
- Jiangsu Jinding Electric Tools Group Co., Ltd
- Zhejiang Crown Electric Tools Manufacture Co., Ltd.
- Zhejiang Xinyuan Electric Appliance Manufacture Co., Ltd.
- Zhejiang Huafeng Electric Tools Co., Ltd.
- Positec Machinery (China) Co., Ltd.
- STANLEY BLACK & DECKER
For more information visit http://www.researchandmarkets.com/research/lfc24j/global_and