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市场调查报告书
商品编码
1546277

中国电动工具市场:依工具型、应用、携带性、最终用户、销售通路、地区、机会、预测,2017-2031年

China 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 141 Pages | 商品交期: 3-5个工作天内

价格

中国电动工具市场规模预计将从2023年的85亿美元成长到2031年的127.6亿美元,2024-2031年的年复合成长率为5.21%。中国基础设施发展的进步以及 DIY 和 DIFM 文化的日益普及预计将推动市场成长。电子商务的兴起、DIY运动的兴起、技术进步和基础设施发展预计将在预测期内推动中国电动工具市场的发展。 DIY 趋势和建筑业预计将成为主要需求产生者。无线电动工具预计将继续获得市场占有率。

中国基础设施的快速成长,重新启动了施工工具和设备的使用。由于 "一带一路" 战略和铁路网路的扩张,基础设施计画不断增加。无线工具由于其携带性、适应性和易用性的增强而变得越来越流行。紧凑的马达设计和电池技术的进步(从镍镉电池到锂离子电池)使更有效率的无线工具成为可能。

中国是最大的汽车组装和製造国。电动车和自动驾驶技术的推出预计将为中国电动工具市场增加价值。此外,钻头、衝击扳手、切割机和电动磨床等电动工具广泛用于汽车行业的各种製造任务。随着汽车产量的增加,对这些工具的需求也增加。汽车产业将电动工具整合到自动化系统中,汽车产业为某些任务采用更多的自动化。这种连接简化了生产程序,并提高了生产力和效率。随着製造商寻求简化其运营,对与自动化系统相容的先进电动工具的需求量很大。

本报告调查了中国电动工具市场,提供了市场概况,以及有关工具类型、应用、携带性、最终用户、销售渠道、区域趋势和进入市场的公司简介。

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 2017-2031年中国电动工具市场展望

  • 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 利润率分析

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
    • Techtronic Industries Company Limited
    • CHERVON (China) Trading Co., Ltd. (Devon)
    • Positec Tool Corporation (WORX)
    • KYNKO Industrial Limited
    • Jiangsu Dongcheng M&E Tools Co., Ltd.
    • KEN Power Tools Company
    • CROWN Power Tools Manufacture Co., Ltd.
    • Greenworks Co., Ltd.
    • Jiangsu DaYi Electromechanical Tools Co. Ltd.
    • Ingco Tools Co., Ltd.
    • Jiangsu SUMEC Hardware Tools Co., Ltd.

第17章 策略建议

第18章 查询及免责声明

Product Code: MX11827

China power tools market is projected to witness a CAGR of 5.21% during the forecast period 2024-2031, growing from USD 8.50 billion in 2023 to USD 12.76 billion in 2031. China's growing infrastructure development and rising popularity of DIY and DIFM culture are likely to fuel the market growth. The rise of e-commerce, the growing DIY movement, technological improvements, and infrastructural development are expected to propel the power tools market in China during the forecast period. The DIY trends and construction industries are expected to work as the main demand generators. The cordless and electric power tools are projected to continue to acquire market share.

The use of building tools and equipment has resumed due to China's exponential growth in infrastructure. Infrastructure projects are increasing in number due to the One Belt One Route (OBOR) strategy and the rail network's expansion. Due to higher portability, adaptability, and ease of use, cordless tools are becoming more popular. More efficient cordless tools are being made possible by technological developments in compact motor design and battery technology, moving from NiCad to Li-ion.

Furthermore, companies have launched an extended range of hand and power tools with upgraded features over the years. For instance, in January 2024, Milwaukee Tools, owned by Techtronic Industries Company Limited released its new tools for 2024. These products include Milwaukee 2966-20 M18 FUEL 1/2" High Torque Impact Wrench with Pin Detent, Milwaukee 2933-21 M18 FORCE LOGIC Single Channel Strut Shear Kit, Milwaukee 3701-21 M18 Red Exterior Rotary Laser Level Kit with Receiver, and others.

Automotive Manufacturing, Automation, and Rapid Infrastructure Projects to Fuel Market Growth

China is one of the largest spaces for automotive assembling and manufacturing. The launch of electric vehicles along with autonomous technology is expected to add value to China power tool market. Furthermore, power tools such as drills, impact wrenches, cutters, and power grinders are used extensively in the automotive sector for a variety of manufacturing operations. The need for these tools increases in tandem with the increase in vehicle production. Power tools are being incorporated into automated systems by the automotive industry, which is adopting automation more for certain activities. Production procedures are streamlined by this connection, increasing productivity and efficiency. Advanced power tools that are compatible with automated systems have high demand as manufacturers look to streamline their operations.

The Chinese government is making significant investments in public works, commercial, and residential infrastructure projects. The constant demand for power tools is attributed to construction workers increasing productivity and efficiency on job sites as there is a constant need for them. For instance, in April 2023, Beijing relied on infrastructure to stimulate an economy that is being hampered by consumers still sour from years of financial restrictions, as evidenced by the announcements made by Chinese provinces to increase expenditure on large construction projects by over a quarter of 2023. Approximately two thirds of China's regions announced to invest over USD 1.8 trillion in significant projects this year, including energy generating, industrial parks, and transportation infrastructure.

In January 2023, The National Development and Reform Commission (NDRC), China's chief economic planner, announced in late 2022 that it had approved about 109 fixed-asset investment projects pertaining to transportation, water conservation, and other areas, approving USD 218.35 billion of capital.

Trend of Do-it-Yourself Culture to Fuel Market Growth

China's rising do-it-yourself (DIY) culture is an important contributor to the boosting power tool sales. The need for power tools appropriate for household applications has increased as more Chinese customers take DIY initiatives for home maintenance, decor, and renovation. Due to their simplicity and adaptability, cordless power tools are becoming a more attractive option. In China, the DIY movement has spread from cities to rural areas. The government is allocating more funding to increase portability, simplicity of use, and expanding DIY culture to encourage this trend of using power tools for intricate domestic tasks and spurring industry growth. Manufacturers are designing lighter and more comfortable cordless tools to appeal to homeowners without extensive experience.

For instance, in February 2022, KYNKO INDUSTRIAL LIMITED launched its cordless driver drill KD90, equipped with an efficient 21V brushless motor. The tool comes with brushless motors, 2.0Ah battery pack, a high-precision quick-change chuck, and adjustable powerful torque.

Higher Economic Activities fuel the Industrial Segment's Growth

Based on end-users, the industrial segment leads in the market with rapid automotive transformation and aerospace manufacturing. Another major factor contributing to this growth is the expansion of infrastructure, which necessitates the use of a variety of power tools for both construction and maintenance work. Large-scale programs such as the One Belt One Road (OBOR) project are fueling an increase in infrastructure development nationwide. Power tools are required for a variety of activities, from drilling to cutting, which raises demand in the industrial sector. The substantial usage of power tools in large-scale construction projects is demonstrated by notable projects such as the Hong Kong-Zhuhai-Macao Bridge and the Beijing Daxing International Airport.

Power tools are always needed to enable mass production as China is one of the world's manufacturing hubs. Power tools' operational efficiency is increasing due to the move towards more sophisticated and efficient tools, such as the switch from nickel-cadmium to lithium-ion batteries, which makes them more desirable for industrial applications. Companies with long portfolio of tools tend to invest in testing and research elements for better consumer satisfaction.

For instance, in June 2022, CHERVON (China) Trading Co., Ltd. (Devon) inaugurated the new Chervon Testing Center in Chervon Green power plant. With a total floor space of 12,000 square meters, the new testing facility is furnished with over 200 experienced testers, a multitude of testing stations and equipment, and an advanced CNAS quality management system.

Future Market Scenario (2024 - 2031F)

Advances in battery technology, particularly the switch from nickel-cadmium to lithium-ion batteries, are driving the trend toward cordless power tools.

The growing DIY culture in urban and rural areas is contributing to market growth. As more consumers engage in home improvement projects, the demand for versatile and user-friendly power tools is increasing.

The ongoing shift towards energy-efficient tools and the adoption of industry 4.0 technologies present new opportunities for innovation and growth in the sector.

Key Players Landscape and Outlook

China power tool market is highly competitive, with domestic and international players, vying for market share. Domestic manufacturers are investing in R&D to develop innovative products with cutting-edge technologies such as brushless motors and real-time performance monitoring. These brands leverage their understanding of the local market and cost advantages to gain market share. Manufacturers are expanding their presence in both urban and rural areas to tap into the growing DIY culture and infrastructure development. Companies are forming strategic partnerships and acquiring local players to strengthen their market position.

For instance, Techtronic Industries Company Limited acquired a 100% equity interest in Green Planet Distribution Centre Company Limited from independent third parties for a cash consideration of approximately USD 75 million. Green Planet's business was acquired to continue the expansion of the Group's manufacturing power equipment and outdoor power equipment products business.

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. China 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. South
      • 5.2.6.2. East
      • 5.2.6.3. North
      • 5.2.6.4. Northeast
      • 5.2.6.5. Central
      • 5.2.6.6. Southwest
      • 5.2.6.7. Northwest
    • 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. Techtronic Industries Company Limited
      • 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. CHERVON (China) Trading Co., Ltd. (Devon)
    • 16.4.3. Positec Tool Corporation (WORX)
    • 16.4.4. KYNKO Industrial Limited
    • 16.4.5. Jiangsu Dongcheng M&E Tools Co., Ltd.
    • 16.4.6. KEN Power Tools Company
    • 16.4.7. CROWN Power Tools Manufacture Co., Ltd.
    • 16.4.8. Greenworks Co., Ltd.
    • 16.4.9. Jiangsu DaYi Electromechanical Tools Co. Ltd.
    • 16.4.10. Ingco Tools Co., Ltd.
    • 16.4.11. Jiangsu SUMEC Hardware Tools Co., Ltd.

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. China Power Tools Market, By Value, In USD Billion, 2017-2031F
  • Figure 2. China Power Tools Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 3. China Power Tools Market Share (%), By Tool Type, 2017-2031F
  • Figure 4. China Power Tools Market Share (%), By Application, 2017-2031F
  • Figure 5. China Power Tools Market Share (%), By Portability, 2017-2031F
  • Figure 6. China Power Tools Market Share (%), By End-user, 2017-2031F
  • Figure 7. China Power Tools Market Share (%), By Sales Channel, 2017-2031F
  • Figure 8. China 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