Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Insulated Hand Tools Market by Type (Screwdrivers, Wrench, Reamer, Others), By Application (Industial, Residential) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Insulated Hand Tools Market by Type (Screwdrivers, Wrench, Reamer, Others), By Application (Industial, Residential) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 196888 3300 Consumer Goods 377 250 Pages 4.7 (49)
                                          

Market Overview:


The global insulated hand tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for insulated hand tools in industrial and residential applications. Additionally, the growing awareness about safety among workers is also propelling the demand for insulated hand tools globally. The screwdrivers segment is expected to hold the largest share of the global insulated hand tools market by type during the forecast period. This can be attributed to their wide usage in various applications across industries.


Global Insulated Hand Tools Industry Outlook


Product Definition:


Insulated hand tools are tools that have been coated in a material that will protect the user from electrical shock. These tools are important because they can prevent injuries while working with electricity.


Screwdrivers:


Screwdrivers are used to fasten the nuts and bolts in insulated hand tools. They are also used for removing these fasteners when the job is done. The growth factor of insulated hand tools market is increasing due to rapid industrialization, urbanization, growing population and government initiatives towards infrastructure development.


Wrench:


Wrenches are used in insulated hand tools for the purpose of tightening and loosening the nuts and bolts. The basic function of a nut-bolt combination is to provide mechanical advantage so that one can easily turn it by hand without using any power tool. There are different types of wrenches such as open end, box, adjustable, deep well, and specialty wrenches which have different sizes depending upon their applications.


Application Insights:


The industrial application segment dominated the global insulated hand tools market, accounting for over 60.0% share of the total revenue in 2017. The growth can be attributed to increasing demand from various industries including oil & gas, chemical, power generation and transportation among others. In addition to this, factors such as growing industrialization in developing countries coupled with rising disposable income levels is expected to drive the demand further over the forecast period.


Residential application accounted for a significant share of 31.1% in 2017 owing to increased spending on home improvement activities across all major economies worldwide including U.S.


Regional Analysis:


Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from residential as well as industrial applications. Asia Pacific has been witnessing rapid urbanization, which has resulted in an increasing number of construction activities across various countries including China, India, Japan and Indonesia. This factor is projected to fuel product demand over the next eight years.


Europe accounted for a significant share owing to high acceptance levels coupled with government initiatives favoring innovation in tools products across Germany, U.K.


Growth Factors:


  • Increasing demand for insulated hand tools in the construction and automotive industries due to the benefits offered such as improved safety, durability and performance.
  • Growing popularity of insulated hand tools among DIY enthusiasts and professionals owing to the advantages of using these tools over traditional ones.
  • Rising awareness about the potential hazards associated with working with uninsulated hand tools, which is driving demand for insulated variants among consumers.
  • Technological advancements that have led to the development of new and innovative products in the insulated hand tool market, thereby attracting more consumers towards these products.

Scope Of The Report

Report Attributes

Report Details

Report Title

Insulated Hand Tools Market Research Report

By Type

Screwdrivers, Wrench, Reamer, Others

By Application

Industial, Residential

By Companies

Wiha, STANLEY, Honeywell, Knipex, BOOHER, Rosotion, Teng Tools, Klein Tools, Irwin, JK Files, DUCK, JETECH

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

250

Number of Tables & Figures

175

Customization Available

Yes, the report can be customized as per your need.


Global Insulated Hand Tools Market Report Segments:

The global Insulated Hand Tools market is segmented on the basis of:

Types

Screwdrivers, Wrench, Reamer, Others

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

Industial, Residential

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:

  1. Wiha
  2. STANLEY
  3. Honeywell
  4. Knipex
  5. BOOHER
  6. Rosotion
  7. Teng Tools
  8. Klein Tools
  9. Irwin
  10. JK Files
  11. DUCK
  12. JETECH

Global Insulated Hand Tools Market Overview


Highlights of The Insulated Hand Tools Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Screwdrivers
    2. Wrench
    3. Reamer
    4. Others
  1. By Application:

    1. Industial
    2. Residential
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Insulated Hand 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

Global Insulated Hand Tools Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


Insulated hand tools are a type of tool that is designed to protect the user's hands from cold and heat. They are made out of materials such as rubber, plastic, or metal, and often have insulation on the handle to keep the user's hands warm.

Some of the major players in the insulated hand tools market are Wiha, STANLEY, Honeywell, Knipex, BOOHER, Rosotion, Teng Tools, Klein Tools, Irwin, JK Files, DUCK, JETECH.

The insulated hand 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. Insulated Hand 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. Insulated Hand Tools Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Insulated Hand Tools Market - Supply Chain
   4.5. Global Insulated Hand Tools Market Forecast
      4.5.1. Insulated Hand Tools Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Insulated Hand Tools Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Insulated Hand Tools Market Absolute $ Opportunity

5. Global Insulated Hand 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. Insulated Hand Tools Market Size and Volume Forecast by Type
      5.3.1. Screwdrivers
      5.3.2. Wrench
      5.3.3. Reamer
      5.3.4. Others
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Insulated Hand 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. Insulated Hand Tools Market Size and Volume Forecast by Application
      6.3.1. Industial
      6.3.2. Residential
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Insulated Hand 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. Insulated Hand 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 Insulated Hand 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. Insulated Hand 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 Insulated Hand Tools Demand Share Forecast, 2019-2026

9. North America Insulated Hand 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 Insulated Hand 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 Insulated Hand Tools Market Size and Volume Forecast by Application
      9.4.1. Industial
      9.4.2. Residential
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Insulated Hand Tools Market Size and Volume Forecast by Type
      9.7.1. Screwdrivers
      9.7.2. Wrench
      9.7.3. Reamer
      9.7.4. Others
   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 Insulated Hand Tools Demand Share Forecast, 2019-2026

10. Latin America Insulated Hand 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 Insulated Hand 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 Insulated Hand Tools Market Size and Volume Forecast by Application
      10.4.1. Industial
      10.4.2. Residential
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Insulated Hand Tools Market Size and Volume Forecast by Type
      10.7.1. Screwdrivers
      10.7.2. Wrench
      10.7.3. Reamer
      10.7.4. Others
   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 Insulated Hand Tools Demand Share Forecast, 2019-2026

11. Europe Insulated Hand 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 Insulated Hand 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 Insulated Hand Tools Market Size and Volume Forecast by Application
      11.4.1. Industial
      11.4.2. Residential
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Insulated Hand Tools Market Size and Volume Forecast by Type
      11.7.1. Screwdrivers
      11.7.2. Wrench
      11.7.3. Reamer
      11.7.4. Others
   11.8. Basis Point Share (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 Insulated Hand Tools Demand Share, 2019-2026

12. Asia Pacific Insulated Hand 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 Insulated Hand 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 Insulated Hand Tools Market Size and Volume Forecast by Application
      12.4.1. Industial
      12.4.2. Residential
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Insulated Hand Tools Market Size and Volume Forecast by Type
      12.7.1. Screwdrivers
      12.7.2. Wrench
      12.7.3. Reamer
      12.7.4. Others
   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 Insulated Hand Tools Demand Share, 2019-2026

13. Middle East & Africa Insulated Hand 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 Insulated Hand 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 Insulated Hand Tools Market Size and Volume Forecast by Application
      13.4.1. Industial
      13.4.2. Residential
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Insulated Hand Tools Market Size and Volume Forecast by Type
      13.7.1. Screwdrivers
      13.7.2. Wrench
      13.7.3. Reamer
      13.7.4. Others
   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 Insulated Hand Tools Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Insulated Hand Tools Market: Market Share Analysis
   14.2. Insulated Hand Tools Distributors and Customers
   14.3. Insulated Hand Tools Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Wiha
         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
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Honeywell
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Knipex
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. BOOHER
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. Rosotion
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Teng Tools
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Klein Tools
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Irwin
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. JK Files
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. DUCK
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. JETECH
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. COMPANY 13
         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

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