Market Overview:
The global DIY power tools market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The growth in this market can be attributed to the increasing demand for electric power tools from residential applications and construction field. Additionally, the growing demand for hydraulic and other power tools from other applications is also propelling the growth of this market. However, factors such as high cost of these tools and lack of skilled labor are restraining the growth of this market to some extent. On the basis of type, engine-driven power tool segment dominates the global DIY power tools market with a share of more than 50%. This segment is expected to grow at a CAGR 6% during 2018-2030 owing to its advantages such as easy portability and low maintenance cost over electric powered tool segments.
Product Definition:
DIY Power Tools are tools that can be used by a person to do a job or task. These tools can include saws, drills, hammers, screwdrivers and many others. The importance of DIY Power Tools is that they allow people to do tasks on their own without having to rely on someone else. This can be helpful for projects around the home or for work projects.
Engine-driven power tool:
Engine-driven power tools are also known as gear-driven or motor-driven power tools. These types of power tools use a mechanical connection between the rotating part and the working parts to generate electrical energy. The main components of an engine driven tool include a housing, an engine (motor), a battery, and some type of transmission system that connects the drive shaft to the tool’s work pieces.
Electric power tool:
Electric power tools are devices that help in doing work easier and faster by providing high torque at low speeds. They comprise of various features like corded or cordless operation, variable speed control, light weight design, and so on. The market for electric power tool is driven by factors such as growing construction industry across the globe coupled with rising disposable income levels among middle-class population groups in emerging economies including China & India.
Application Insights:
The construction field segment dominated the global DIY power tools market, accounting for over 30.0% share of the overall revenue in 2017. The growth can be attributed to increasing demand for building and construction activities across the globe. Increasing urbanization has led to an increase in building and infrastructure projects which is further likely to drive product demand globally over the forecast period.
Construction equipment such as nail guns, impact drivers, drills, saws are widely used by amateurs as well as professionals for various tasks such as nailing or screwing boards together or assembling furniture pieces on a daily basis at home or workplace respectively.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing awareness regarding power tool usage, rising disposable income of consumers and rapid urbanization in developing countries such as China and India. Moreover, growing industrialization coupled with government initiatives for infrastructure development will drive the market further. For instance, in 2015 ‘Make in India’ campaign was introduced by Indian prime minister Narendra Modi which encourages people from different professions to make their country a manufacturing hub by offering various incentives including tax benefits on production activities within India.
North America accounted for more than 25% revenue share in 2017 due to high demand from U.S.
Growth Factors:
- Increasing demand for do-it-yourself (DIY) projects: The global DIY power tools market is expected to grow at a CAGR of 5.5% during the forecast period. This growth can be attributed to the increasing demand for DIY projects, which is mainly driven by the growing trend of home improvement and renovation among consumers worldwide.
- Rising disposable income: Another key factor driving the growth of this market is the rising disposable income of consumers, which has led to an increase in their purchasing power and allows them to invest in high-quality power tools products.
- Technological advancements: The development of new technologies has resulted in innovative products being launched in the market, thereby providing consumers with a wider range of options to choose from. This is also helping manufacturers expand their customer base globally.
Scope Of The Report
Report Attributes
Report Details
Report Title
DIY Power Tools Market Research Report
By Type
Engine-driven power tool, Electric power tool, Pneumatic power tool, Hydraulic and other power tool
By Application
Residential Applications, Construction Field, Other
By Companies
Bosch, Stanley Black & Decker, Makita, Hilti, TTI, Hitachi Koki, Festool (TTS), Snap-on, Husqvarna, Interskol, Dongcheng, KEN, Jiangsu Guoqiang
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
237
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global DIY Power Tools Market Report Segments:
The global DIY Power Tools market is segmented on the basis of:
Types
Engine-driven power tool, Electric power tool, Pneumatic power tool, Hydraulic and other power tool
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential Applications, Construction Field, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Bosch
- Stanley Black & Decker
- Makita
- Hilti
- TTI
- Hitachi Koki
- Festool (TTS)
- Snap-on
- Husqvarna
- Interskol
- Dongcheng
- KEN
- Jiangsu Guoqiang
Highlights of The DIY Power Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Engine-driven power tool
- Electric power tool
- Pneumatic power tool
- Hydraulic and other power tool
- By Application:
- Residential Applications
- Construction Field
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the DIY Power Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
DIY power tools is a term used to describe the act of constructing or repairing one's own tools. This can include anything from simple handtools like screwdrivers and hammers, to more complex equipment like saws and drills.
Some of the major players in the diy power tools market are Bosch, Stanley Black & Decker, Makita, Hilti, TTI, Hitachi Koki, Festool (TTS), Snap-on, Husqvarna, Interskol, Dongcheng, KEN, Jiangsu Guoqiang.
The diy power tools market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. DIY Power Tools Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. DIY Power Tools Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. DIY Power Tools Market - Supply Chain
4.5. Global DIY Power Tools Market Forecast
4.5.1. DIY Power Tools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. DIY Power Tools Market Size (000 Units) and Y-o-Y Growth
4.5.3. DIY Power Tools Market Absolute $ Opportunity
5. Global DIY Power Tools Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. DIY Power Tools Market Size and Volume Forecast by Type
5.3.1. Engine-driven power tool
5.3.2. Electric power tool
5.3.3. Pneumatic power tool
5.3.4. Hydraulic and other power tool
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global DIY Power Tools Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. DIY Power Tools Market Size and Volume Forecast by Application
6.3.1. Residential Applications
6.3.2. Construction Field
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global DIY Power Tools Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. DIY Power Tools Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global DIY Power Tools Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. DIY Power Tools Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global DIY Power Tools Demand Share Forecast, 2019-2026
9. North America DIY Power Tools Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America DIY Power Tools Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America DIY Power Tools Market Size and Volume Forecast by Application
9.4.1. Residential Applications
9.4.2. Construction Field
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America DIY Power Tools Market Size and Volume Forecast by Type
9.7.1. Engine-driven power tool
9.7.2. Electric power tool
9.7.3. Pneumatic power tool
9.7.4. Hydraulic and other power tool
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America DIY Power Tools Demand Share Forecast, 2019-2026
10. Latin America DIY Power Tools Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America DIY Power Tools Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America DIY Power Tools Market Size and Volume Forecast by Application
10.4.1. Residential Applications
10.4.2. Construction Field
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America DIY Power Tools Market Size and Volume Forecast by Type
10.7.1. Engine-driven power tool
10.7.2. Electric power tool
10.7.3. Pneumatic power tool
10.7.4. Hydraulic and other power tool
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America DIY Power Tools Demand Share Forecast, 2019-2026
11. Europe DIY Power Tools Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe DIY Power Tools Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe DIY Power Tools Market Size and Volume Forecast by Application
11.4.1. Residential Applications
11.4.2. Construction Field
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe DIY Power Tools Market Size and Volume Forecast by Type
11.7.1. Engine-driven power tool
11.7.2. Electric power tool
11.7.3. Pneumatic power tool
11.7.4. Hydraulic and other power tool
11.8. Basis Point Sare (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe DIY Power Tools Demand Share, 2019-2026
12. Asia Pacific DIY Power Tools Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific DIY Power Tools Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific DIY Power Tools Market Size and Volume Forecast by Application
12.4.1. Residential Applications
12.4.2. Construction Field
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific DIY Power Tools Market Size and Volume Forecast by Type
12.7.1. Engine-driven power tool
12.7.2. Electric power tool
12.7.3. Pneumatic power tool
12.7.4. Hydraulic and other power tool
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific DIY Power Tools Demand Share, 2019-2026
13. Middle East & Africa DIY Power Tools Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa DIY Power Tools Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa DIY Power Tools Market Size and Volume Forecast by Application
13.4.1. Residential Applications
13.4.2. Construction Field
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa DIY Power Tools Market Size and Volume Forecast by Type
13.7.1. Engine-driven power tool
13.7.2. Electric power tool
13.7.3. Pneumatic power tool
13.7.4. Hydraulic and other power tool
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa DIY Power Tools Demand Share, 2019-2026
14. Competition Landscape
14.1. Global DIY Power Tools Market: Market Share Analysis
14.2. DIY Power Tools Distributors and Customers
14.3. DIY Power Tools Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Stanley Black & Decker
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Makita
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Hilti
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. TTI
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hitachi Koki
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Festool (TTS)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Snap-on
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Husqvarna
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Interskol
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Dongcheng
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. KEN
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Jiangsu Guoqiang
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook