Power & Hand Tools

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Power & Hand Tools US outlook for Power & Hand Tools with forecasts to 2005 and 2010 New study finds: • US demand for power and hand tools is forecast to increase 4.2 percent annually (including price increases) to $15.1 billion in 2005 • Growth in consumer tool demand will outpace that of the professional market through 2005, due to the ongoing popularity of do-it-yourself activities and the trade-up by consumers to feature-laden power tools • Six firms -- Stanley, Black & Decker, Bosch, Pentair, Snap-On and Danaher -- together comprised nearly half of the market in the year 2000 Freedonia Industry Study #1478 Study Publication Date: October 2001 Price: $3,800 Power & Hand Tools Pages: 241 Power & Hand Tools, a new study from The Freedonia Group, provides you with an in-depth analysis of major trends in the industry and the outlook for product seg- ments and major markets -- critical information to help you with strategic planning. This brochure gives you an indication of the scope, depth and value of Freedonia's new study, Power & Hand Tools. Ordering information is included on the back page of the brochure. Brochure Table of Contents Study Highlights ............................................................................... 2 Table of Contents and List of Tables and Charts ............................. 4 Sample Pages and Sample Tables from: Market Environment .................................................... 6 Power Tools ................................................................. 7 Hand Tools .................................................................. 8 Power and Hand Tool Markets ................................... 9 Industry Structure and Company Profiles .................. 10 List of Companies Profiled ........................................ 11 Forecasting Methodology ............................................................... 12 About the Company ....................................................................... 13 Advantages of Freedonia Reports ................................................... 13 About Our Customers .................................................................... 14 Other Titles From Freedonia ......................................................... 15 Ordering Information..................................................................... 16 Study Highlights • US demand for power and hand tools is forecast to increase 4.2 percent annually (including price in- creases) to $15.1 billion in 2005. • China has become the leading supplier of power and hand tools to the US, with exports more than tripling from 1995 to 2000. • In the power tool segment, electric drills and saws are expected to show above average growth with a com- bined market approaching $3 billion in 2005. • The rising number and average age of motor vehicles in the US park will boost gains for automotive hand tools since aftermarket repairs will become more common. • Growth in consumer tool demand will outpace that of the professional market through 2005, due to the ongoing popularity of do-it-yourself activities and the trade-up by consumers to feature-laden power tools. • Six firms -- Stanley, Black & Decker, Bosch, Pentair, Snap-On and Danaher -- together comprised nearly half of the market in the year 2000. * Horticultural tools, lawn and garden equipment, bench top tools and paint brushes are not included in the scope of this study. Power & Hand Tools #1478 Freedonia Industry Study 2 Study Highlights Power & Hand Tool Demand, 1995 Versus 2000 (million dollars) 8000 6000 4000 1995 2000 2000 Power Tools Hand Tools Power & Hand Tool Supply & Demand (million dollars) % Annual Growth Item 1995 2000 2005 2010 00/95 05/00 Resident Population (mil people) 266.2 282.3 298.8 315.4 1.2 1.1 $ tools per capita 32.1 43.4 50.5 58.7 -- -- SUMMARY TABLE Power & Hand Tool Demand 8555 12250 15080 18500 7.4 4.2 Power Tools: 4967 7420 9430 11900 8.4 4.9 Electric Tools 3615 5580 7160 9095 9.1 5.1 Other Power Tools 1352 1840 2270 2805 6.4 4.3 Hand Tools 3588 4830 5650 6600 6.1 3.2 - net imports 727 1450 1830 2240 14.8 4.8 Power & Hand Tool Shipments 7828 10800 13250 16260 6.6 4.2 © Copyright by The Freedonia Group, Inc. Power & Hand Tools #1478 Order form on last page 3 III. POWER & HAND TOOL SUPPLY & DEMAND General ................................................................................. 45 List of Contents, Demand ................................................................................. 45 Table - Power & Hand Tool Supply & Demand ................. 47 Chart - Tool Demand by Type ............................................. 48 Tables and Charts Shipments ................................................................................. 48 Table - Power & Hand Tool Shipments by Type ................. 50 Chart - Power & Hand Tool Shipments by Type ................. 50 IV. POWER TOOLS I. EXECUTIVE SUMMARY General ................................................................................. 51 Table - Power Tool Supply & Demand 53 Summary Table ...................................................................... 3 ................................ Chart - Power Tool Demand by Type, 2000 ........................ 53 II. MARKET ENVIRONMENT Electric ................................................................................. 54 Table - Electric Tool Supply & Demand 56 General ................................................................................... 4 .............................. Macroeconomic Outlook ........................................................... 4 By Power Source .................................................................. 56 Cyclical Trends ........................................................................... 6 Table - Electric Tool Shipments by Power Source ........... 58 Chart - Electric Tool Shipments by Power Source 59 Table - Macroeconomic Environment .................................... 8 ........... Long Term Trends ................................................................. 9 Drills ................................................................................ 59 Short Term Trends ................................................................. 9 Table - Electric Drill Supply & Demand ...................... 62 Imports 62 Personal Income & Expenditure Patterns ............................... 9 ......................................................................... Table - Personal Consumption Expenditures .................... 11 Chart - Electric Drill Imports by Source, 2000 ......... 63 Demographic Trends ................................................................ 11 Exports ......................................................................... 63 Chart - Electric Drill Exports by Destination, 2000 64 Population Distribution ....................................................... 12 ..... Table - US Resident Population Trends ........................... 13 Saws ................................................................................. 64 Household Formation & Housing Stock Patterns ................ 13 Table - Electric Saw Supply & Demand ....................... 66 Table - Household Formation & Housing Stock Patterns 15 Circular Saws ................................................................ 66 Construction Activity ............................................................... 15 Other Saws ................................................................... 67 Table - Total Construction Expenditures ............................. 17 Foreign Trade ............................................................... 68 Chart - Electric Saw Imports by Source, 2000 70 Residential Construction ...................................................... 17 .......... Table - New Residential Construction Expenditures ........ 19 Chart - Electric Saw Exports by Destination, 2000 .... 70 New Housing ................................................................... 19 Sanders, Polishers & Grinders .......................................... 71 Table - Average Housing Starts by Type ....................... 20 Table - Electric Sander, Polisher & Grinder Improvements & Repair ................................................... 21 Supply & Demand ...................................................... 72 Table - Residential Improvement Imports ......................................................................... 73 & Maintenance/Repair Expenditures ......................... 21 Chart - Electric Sander, Polisher & Grinder Nonresidential ...................................................................... 21 Imports by Source, 2000 ........................................ 73 Table - Nonresidential Building Construction Expenditures ... 23 Exports ......................................................................... 74 Nonbuilding ......................................................................... 23 Chart - Electric Sander, Polisher & Grinder Table - Nonbuilding Construction Expenditures .............. 25 Exports by Destination, 2000 ................................. 74 Motor Vehicle Outlook ........................................................... 25 Screwdrivers ..................................................................... 75 Table - US Motor Vehicle Stock .......................................... 26 Table - Electric Screwdriver Supply & Demand ........... 76 Industrial Sector Trends ........................................................... 27 Planers & Routers ............................................................ 77 Table
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