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市场调查报告书
商品编码
1543605

美国电动工具市场:按工具类型、应用、携带性、最终用户、销售通路、地区、机会、预测,2017-2031年

United States Power Tools Market Assessment, By Tool Type, By Application, By Portability, By End-user, By Sales Channel, By Region, Opportunities and Forecast, 2017-2031F

出版日期: | 出版商: Market Xcel - Markets and Data | 英文 139 Pages | 商品交期: 3-5个工作天内

价格

美国电动工具市场预计将从2023年的70.8亿美元成长到2031年的101.5亿美元,在2024-2031年预测期内年复合成长率为 4.62%。美国电动工具技术的发展得益于技术整合、变革性汽车工业的扩张、DIY 趋势和智慧工厂。

在两个主要趋势的推动下,美国电动工具市场经历强劲成长:DIY 家居装修项目的日益普及以及工厂中智慧製造技术的采用。随着中产阶级寻求改善生活条件,对 DIY 电动工具的需求不断增加。美国大多数成年人从事家居装修和维护工作,高效便捷的电动工具使这些任务变得更快、更有效率、更努力工作。在工业方面,智慧製造方法和物联网(IoT)的采用推动电动工具的创新。随着工厂的互联程度越来越高,製造商优先考虑生产智慧互联工具。 Milwaukee Tool 和 Robert Bosch GmbH 等领先品牌提供数位平台和应用程序,允许用户自订设定、监控专案、追踪设备和管理任务。这些先进的功能提高了生产车间的生产力和效率。美国产业的整体工业扩张和研发程序的扩展预计将推动市场成长。该地区的公司日益扩大业务并创新产品线。

工具连接提供即时效能监控、预测性维护以及增强的行动应用用户体验。这种连接提高了工作效率并引起了对站点安全和合规性的担忧。最近电池技术的突破,如固态电池和石墨烯电池,进一步提高了能量密度并减少了充电时间。这些新的创新大幅提高了无线工具的性能和效率,扩大了其应用范围并加强了其对市场的进一步渗透。

锂离子电池的发明大幅提高了无线电动工具的性能。这种电池具有高能量密度,可以让工具在不增加重量的情况下运作更强劲。这使得製造商能够开发与有线工具相当的高功率无线工具,使其适合建筑和汽车等行业的重型应用。将物联网和智慧技术引进电池供电工具将为创新带来更多机会。

本报告调查了美国电动工具市场,并提供了市场概况,以及按工具类型、应用、携带性、最终用户、销售管道、区域的趋势和进入市场的公司简介等。

目录

第1章 研究方法

第2章 专案范围与定义

第3章 执行摘要

第4章 顾客回馈

第5章 美国电动工具市场展望,2017-2031

  • 市场规模与预测
  • 市占率分析与预测
  • 2023年市场地图分析
    • 依工具类型
    • 依用途
    • 依携带性
    • 依最终用户
    • 依销售管道
    • 依地区

第6章 供需分析

第7章 价值链分析

第8章 波特五力分析

第9章 PESTLE分析

第10章 宏观经济指标

第11章 价格分析

第12章 获利能力分析

第13章 市场动态

第14章 市场趋势与发展

第15章 个案研究

第16章 竞争态势

  • 前 5 名市场领导者的竞争矩阵
  • 企业生态系分析(新创企业、中小企业与大公司)
  • 前 5 名进入公司的SWOT 分析
  • 市场前10位主要参与者的情况
    • Stanley Black & Decker, Inc.
    • Snap-on Incorporated
    • Apex Tools Group LLC
    • Milwaukee Electric Tool Corporation
    • Robert Bosch GmbH
    • Hilti Corporation
    • Emerson Electric Co.
    • Makita Corporation
    • Klein Tools, Inc.
    • Wiha Werkzeuge GmbH
    • Ingersoll Rand Inc.

第17章 策略建议

第18章 查询及免责声明

Product Code: MX11805

United States power tools market is projected to witness a CAGR of 4.62% during the forecast period 2024-2031, growing from USD 7.08 billion in 2023 to USD 10.15 billion in 2031. The evolving power tool technology in the United States is attributed to the integration of technologies, expansion of transformed automotive industry, do-it-yourself trend, and smart factories.

The United States power tools market is experiencing strong growth, driven by two key trends, increasing popularity of DIY home improvement projects and the adoption of smart manufacturing technologies in factories. As the middle-class population seeks to improve their living conditions, the demand for DIY power tools is on the rise. Most adults in the United States engage in home improvement and maintenance activities, with efficient and handy power tools making these tasks quicker, more efficient, and less labor-intensive. On the industrial side, the adoption of smart manufacturing practices and the Internet of Things (IoT) is driving innovation in power tools. As factories become increasingly interconnected, manufacturers are prioritizing the production of smart and connected tools. Leading brands such as Milwaukee Tool and Robert Bosch GmbH offer digital platforms and apps that allow users to customize settings, monitor projects, track equipment, and manage tasks. These advanced features boost productivity and efficiency on the production floor. The overall industrial expansion of the United States industries along with the extended research and development procedures are anticipated to propel market growth. Companies in the region are expanding their operations and innovating the product line offered.

For instance, in April 2022, Milwaukee Electric Tool Corporation announced its Milwaukee Tool in Chicago at the historic old post office. This location is going to focus on engineering design and innovation and has space to house over 250 employees. Milwaukee Tool intends to promote a disruptive innovation culture that will enable them to lead the construction sector in the development of multiple new power tool technologies.

Advanced Battery Platform and Technological Advancements to Fuel Market Growth

Connectivity features on tools provide for real-time performance monitoring, predictive maintenance, and an improved user experience through mobile applications. This connectivity offers better operational efficiency and raises concerns about safety and compliance at job sites. Recent breakthroughs in battery technology, including solid-state and graphene batteries further improve energy density and cut recharging times. These new innovations make cordless tool performance and efficiency far better, expanding their applications and enhancing further inroads into the market.

The invention of lithium-ion batteries significantly enhanced the performance of cordless power tools. These batteries have higher energy density that allows tools to run more powerfully without adding weight. It enables manufacturers to come up with higher-powered cordless tools that are at par with their corded cousins and thus suitable for heavy-duty applications in industries such as construction and automotive. The infusion of the Internet of Things and smart technologies into battery-powered tools open more opportunities for innovation.

For instance, in July 2023, Makita U.S.A., Inc., launched the 18V LXT Compact Brushless 1/2 inch Hammer Driver-Drill Kit (XPH16T, 5.0Ah battery and charger included with kit). Increased power is available for a variety of driving, hammer-drilling, and drilling applications with the Hammer Driver-Drill. The new XPH14 is offered as part of a kit (XPH16T) that includes a DC18RC rapid charger and two 5.0Ah batteries (BL1850B).

Cordless Technology and Infrastructural Development to Fuel Market

The cordless technology has a significant impact on the power tool market of the United States, pushing growth and innovation in all sectors. One of the major drivers for the growth of market is shifting preferences towards battery-backed tools, including cordless hammer drills, impact wrenches, and circular saws. It gives flexibility and mobility, enabling them to work freely without being hampered by cords. One of the reasons is growing market for cordless tools which is apt for many purposes, from Do-It-Yourself (DIY) tasks to professional construction. Another reason is the rising number of infrastructure projects in roads, bridges, and public buildings in the United States.

A higher construction activity means a higher demand for power tools, which are required and needed to finish such projects efficiently and effectively. Power tools are used massively in residential and commercial construction and hence form an integral part of the construction industry. Major investments by governments in infrastructure are likely to continue, thus boosting the construction sector. These projects are expected to boost demand for solid, hard-hitting power tools, such as drills, saws, and impact drivers, that are crucial for heavy construction and detailed finishing work.

For instance, in August 2024, The United States Department of Transportation's Federal Aviation Administration (FAA) announced more than USD 636 million investment in 46 states and American Samoa to improve our nation's airport infrastructure. These projects fuel the market growth in the country.

Rapid Urbanization and Easy to Use Equipment to Fuel the Portable Segment's Growth

Portable segment dominate the power tools market share in terms of volume in the United States. Cordless power tools have many advantages over corded ones as they are portable, lighter, and easier to handle in confined spaces, making them more convenient to use, especially in construction and renovation work, where access to mains electricity might be problematic. The growing culture of DIY in the United States is one of the chief drivers of the resonance that cordless power tools get in the country.

Renovation programs are being handled by house-owners, who desire lightweight, easy-to-use cordless tools because of their handiness and versatility. Lithium-ion batteries changed the scene for cordless power tools by increasing higher energy density, lighter weight, and longer runtime than older battery types such as nickel-cadmium and nickel-metal hydride. This changed cordless tools into more practical and efficient applications.

For instance, in January 2024, Robert Bosch GmbH debuted over 30 new cordless products in 2024 World of concrete conference in Las Vegas, NV. Many of Bosch's newest products, such as Impact Wrenches, Inspection Cameras, and Bulldog Tough SDS-plus Drill Bits, are designed to give customers more adaptability, longer battery life, and other advantages when handling concrete and other materials on the job site.

Future Market Scenario (2024 - 2031F)

Expansion of power tool brands in the country, along with the high-end research and development are expected to fuel market growth.

Companies experiment with cordless and portable tools such as wrenches, drilling machines and new battery technology, anticipated to propel market growth.

Government funding and awareness around efficient power tools are projected to add value to the market size.

Key Players Landscape and Outlook

Companies are increasingly incorporating smart features into power tools, such as Bluetooth connectivity for tracking and safety. This innovation enhances user experience and operational efficiency, appealing to professional and DIY markets. The shift towards lithium-ion batteries has improved performance and portability of cordless tools. Manufacturers are focusing on developing tools that offer longer battery life and faster charging times, which are critical for residential and industrial applications. Companies are expanding their product lines to include a wider range of tools that cater to various applications, such as drilling, cutting, and material removal.

For instance, in February 2024, Makita U.S.A. Inc. introduced the 5-inch Paddle Switch Angle Grinder with AC/DC Switch (9558HP) in February of 2024. Employees engaged in plumbing, mechanical, and electrical fields, and those who work in metal fabrication industries can opt for this product.

Table of Contents

1. Research Methodology

2. Project Scope and Definitions

3. Executive Summary

4. Voice of Customer

  • 4.1. Product and Market Intelligence
  • 4.2. Mode of Brand Awareness
  • 4.3. Factors Considered in Purchase Decisions
    • 4.3.1. Power and Performance
    • 4.3.2. Ergonomics and Comfort
    • 4.3.3. Durability and Build Quality
    • 4.3.4. Features and Accessories
    • 4.3.5. Price and Value
  • 4.4. Consideration of Privacy and Safety Regulations

5. United States Power Tools Market Outlook, 2017-2031

  • 5.1. Market Size & Forecast
    • 5.1.1. By Value
    • 5.1.2. By Volume
  • 5.2. Market Share Analysis & Forecast
    • 5.2.1. By Tool Type
      • 5.2.1.1. Drills
      • 5.2.1.2. Screwdrivers
      • 5.2.1.3. Impact Drivers
      • 5.2.1.4. Angle Grinders
      • 5.2.1.5. Air Compressors
      • 5.2.1.6. Nail Guns
      • 5.2.1.7. Others
    • 5.2.2. By Application
      • 5.2.2.1. Fasteners
      • 5.2.2.2. Cutting
      • 5.2.2.3. Shaping
      • 5.2.2.4. Sanding
      • 5.2.2.5. Grinding
      • 5.2.2.6. Routing
      • 5.2.2.7. Polishing
      • 5.2.2.8. Painting
      • 5.2.2.9. Others
    • 5.2.3. By Portability
      • 5.2.3.1. Stationary
      • 5.2.3.2. Portable
        • 5.2.3.2.1. Cordless
        • 5.2.3.2.2. Corded
    • 5.2.4. By End-user
      • 5.2.4.1. DIY
      • 5.2.4.2. Commercial
      • 5.2.4.3. Industrial
        • 5.2.4.3.1. Automotive
        • 5.2.4.3.2. Aerospace
        • 5.2.4.3.3. Others
    • 5.2.5. By Sales Channel
      • 5.2.5.1. Online Sales
      • 5.2.5.2. Retail Sales
      • 5.2.5.3. Distributor Sales
    • 5.2.6. By Region
      • 5.2.6.1. Northeast
      • 5.2.6.2. Midwest
      • 5.2.6.3. West
      • 5.2.6.4. South
    • 5.2.7. By Company Market Share Analysis (Top 5 Companies and Others - By Value, 2023)
  • 5.3. Market Map Analysis, 2023
    • 5.3.1. By Tool Type
    • 5.3.2. By Application
    • 5.3.3. By Portability
    • 5.3.4. By End-user
    • 5.3.5. By Sales Channel
    • 5.3.6. By Region

All segments will be provided for all regions covered

6. Demand Supply Analysis

7. Value Chain Analysis

8. Porter's Five Forces Analysis

9. PESTLE Analysis

10. Macro-economic Indicators

11. Pricing Analysis

12. Profit Margin Analysis

13. Market Dynamics

  • 13.1. Market Drivers
  • 13.2. Market Challenges

14. Market Trends and Developments

15. Case Studies

16. Competitive Landscape

  • 16.1. Competition Matrix of Top 5 Market Leaders
  • 16.2. Company Ecosystem Analysis (Startup v/s SME v/s Large-scale)
  • 16.3. SWOT Analysis for Top 5 Players
  • 16.4. Key Players Landscape for Top 10 Market Players
    • 16.4.1. Stanley Black & Decker, Inc.
      • 16.4.1.1. Company Details
      • 16.4.1.2. Key Management Personnel
      • 16.4.1.3. Products and Services
      • 16.4.1.4. Financials (As Reported)
      • 16.4.1.5. Key Market Focus and Geographical Presence
      • 16.4.1.6. Recent Developments/Collaborations/Partnerships/Mergers and Acquisition
    • 16.4.2. Snap-on Incorporated
    • 16.4.3. Apex Tools Group LLC
    • 16.4.4. Milwaukee Electric Tool Corporation
    • 16.4.5. Robert Bosch GmbH
    • 16.4.6. Hilti Corporation
    • 16.4.7. Emerson Electric Co.
    • 16.4.8. Makita Corporation
    • 16.4.9. Klein Tools, Inc.
    • 16.4.10. Wiha Werkzeuge GmbH
    • 16.4.11. Ingersoll Rand Inc.

Companies mentioned above DO NOT hold any order as per market share and can be changed as per information available during research work.

17. Strategic Recommendations

18. About Us and Disclaimer

List of Tables

  • Table 1. Pricing Analysis of Products from Key Players
  • Table 2. Competition Matrix of Top 5 Market Leaders
  • Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
  • Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

  • Figure 1. United States Power Tools Market, By Value, In USD Billion, 2017-2031F
  • Figure 2. United States Power Tools Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 3. United States Power Tools Market Share (%), By Tool Type, 2017-2031F
  • Figure 4. United States Power Tools Market Share (%), By Application, 2017-2031F
  • Figure 5. United States Power Tools Market Share (%), By Portability, 2017-2031F
  • Figure 6. United States Power Tools Market Share (%), By End-user, 2017-2031F
  • Figure 7. United States Power Tools Market Share (%), By Sales Channel, 2017-2031F
  • Figure 8. United States Power Tools Market Share (%), By Region, 2017-2031F
  • Figure 9. By Tool Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 10. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 11. By Portability Size Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 12. By End-user Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 13. By Sales Channel Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 14. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023