Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Insulated Tools Market by Type (High Voltage Equipment, Low Voltage Equipment, Other), By Application (Home, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Insulated Tools Market by Type (High Voltage Equipment, Low Voltage Equipment, Other), By Application (Home, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 156309 3300 Machinery & Equipment 377 233 Pages 4.6 (39)

Market Overview:

The global insulated 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 tools in home and commercial applications. Additionally, the growing awareness about safety among consumers is also propelling the growth of this market. The global insulated tools market can be segmented on the basis of type, application, and region. On the basis of type, the global insulated tools market can be divided into high voltage equipment, low voltage equipment, and other equipment. The high voltage equipment segment is expected to account for a major share of the global insulated tools market duringthe forecast period owing to its growing demand in electrical utilities and construction industries.

Global Insulated Tools Industry Outlook

Product Definition:

Insulated tools are used to prevent electric shock. They have a layer of insulation between the metal and the user's hand. This insulation prevents electricity from traveling through the metal and into the user's body.

High Voltage Equipment:

High voltage equipment is used in insulated tools that are manufactured for use in high voltage environments. The primary function of these products is to provide insulation and protect the operator from electric shocks.

The global market for insulated tools has been growing at a steady pace over the past few years, owing to rising demand from various end-use industries such as construction, oil & gas and mining among others.

Low Voltage Equipment:

Low voltage equipment is used in insulated tools to provide power required for the operation of insulated tools. It consists of two metal blades, which are clamped by a handle. The low voltage electricity passed through the metal blades and then it reached to the insulated tool via rubber hose.

The major applications of Low Voltage Equipment (LVE) include forklifts, material handling vehicles, construction equipment and others.

Application Insights:

The commercial application segment dominated the global insulated tools market in 2017, accounting for over 60.0% share of the total revenue. The growth can be attributed to an increase in demand for construction and mining equipment across various industries including oil & gas and power generation. In addition, a rise in infrastructural development activities is expected to drive the demand from commercial applications over the forecast period.

The home application segment is projected to witness significant growth during the forecast period owing to increasing product adoption by consumers desiring low-cost housing solutions coupled with stringent environmental regulations regarding energy consumption worldwide.

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 construction activities coupled with increasing penetration of electric vehicles in China and India. In addition, growing awareness regarding workplace safety is anticipated to drive demand for these products across various applications.

The North America market was valued at USD X million in 2017 owing to high product demand from residential as well as commercial sectors across U.S.

Growth Factors:

  • Increasing demand for insulated tools in the construction and automotive industries due to the benefits of insulation, such as improved safety, durability and efficiency.
  • Growing popularity of insulated tools among DIY enthusiasts and professionals owing to the advantages offered by insulation over traditional tools.
  • Rising awareness about the importance of using insulated tools in hazardous working environments, which is expected to drive demand for these products in industrial sectors such as oil & gas, mining and chemical processing plants.
  • Technological advancements that have led to the development of new types of insulation materials with better heat resistance properties are likely to spur growth prospects for the insulated tools market in coming years. 5) The increasing use of portable power sources such as batteries and generators in conjunction with insulated handtools is anticipated to boost sales revenue for this market during forecast period

Scope Of The Report

Report Attributes

Report Details

Report Title

Insulated Tools Market Research Report

By Type

High Voltage Equipment, Low Voltage Equipment, Other

By Application

Home, Commercial

By Companies

Fakro, Fluke Corporation, Greenlee, Ideal Industries, Klein Tools, Knipex, Megger Group, Milwaukee, Stanley, Wera Tools, Wiha, BAHCO, Honeywell, Sisk Group, Teng Tools

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

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

Global Insulated Tools Market Report Segments:

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


High Voltage Equipment, Low Voltage Equipment, Other

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.


Home, Commercial

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. Fakro
  2. Fluke Corporation
  3. Greenlee
  4. Ideal Industries
  5. Klein Tools
  6. Knipex
  7. Megger Group
  8. Milwaukee
  9. Stanley
  10. Wera Tools
  11. Wiha
  12. BAHCO
  13. Honeywell
  14. Sisk Group
  15. Teng Tools

Global Insulated Tools Market Overview

Highlights of The Insulated 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. High Voltage Equipment
    2. Low Voltage Equipment
    3. Other
  1. By Application:

    1. Home
    2. Commercial
  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 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 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 tools are tools that have been treated with a material that helps to keep the tool cool and insulated. This is helpful in preventing overheating and prolonging the life of the tool.

Some of the major players in the insulated tools market are Fakro, Fluke Corporation, Greenlee, Ideal Industries, Klein Tools, Knipex, Megger Group, Milwaukee, Stanley, Wera Tools, Wiha, BAHCO, Honeywell, Sisk Group, Teng Tools.

The insulated 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 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 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 Tools Market - Supply Chain
   4.5. Global Insulated Tools Market Forecast
      4.5.1. Insulated Tools Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Insulated Tools Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Insulated Tools Market Absolute $ Opportunity

5. Global Insulated 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 Tools Market Size and Volume Forecast by Type
      5.3.1. High Voltage Equipment
      5.3.2. Low Voltage Equipment
      5.3.3. Other
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

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

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

9. North America Insulated 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 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 Tools Market Size and Volume Forecast by Application
      9.4.1. Home
      9.4.2. Commercial
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Insulated Tools Market Size and Volume Forecast by Type
      9.7.1. High Voltage Equipment
      9.7.2. Low Voltage Equipment
      9.7.3. Other
   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 Tools Demand Share Forecast, 2019-2026

10. Latin America Insulated 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 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 Tools Market Size and Volume Forecast by Application
      10.4.1. Home
      10.4.2. Commercial
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Insulated Tools Market Size and Volume Forecast by Type
      10.7.1. High Voltage Equipment
      10.7.2. Low Voltage Equipment
      10.7.3. Other
   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 Tools Demand Share Forecast, 2019-2026

11. Europe Insulated 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 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 Tools Market Size and Volume Forecast by Application
      11.4.1. Home
      11.4.2. Commercial
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Insulated Tools Market Size and Volume Forecast by Type
      11.7.1. High Voltage Equipment
      11.7.2. Low Voltage Equipment
      11.7.3. Other
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projections by Type
   11.10. Market Attractiveness/Growh 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 Tools Demand Share, 2019-2026

12. Asia Pacific Insulated 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 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 Tools Market Size and Volume Forecast by Application
      12.4.1. Home
      12.4.2. Commercial
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Insulated Tools Market Size and Volume Forecast by Type
      12.7.1. High Voltage Equipment
      12.7.2. Low Voltage Equipment
      12.7.3. Other
   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 Tools Demand Share, 2019-2026

13. Middle East & Africa Insulated 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 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 Tools Market Size and Volume Forecast by Application
      13.4.1. Home
      13.4.2. Commercial
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Insulated Tools Market Size and Volume Forecast by Type
      13.7.1. High Voltage Equipment
      13.7.2. Low Voltage Equipment
      13.7.3. Other
   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 Tools Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Insulated Tools Market: Market Share Analysis
   14.2. Insulated Tools Distributors and Customers
   14.3. Insulated Tools Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Fakro Overview Financials Developments Strategic Outlook
      14.4.2. Fluke Corporation Overview Financials Developments Strategic Outlook
      14.4.3. Greenlee Overview Financials Developments Strategic Outlook
      14.4.4. Ideal Industries Overview Financials Developments Strategic Outlook
      14.4.5. Klein Tools Overview Financials Developments Strategic Outlook
      14.4.6. Knipex Overview Financials Developments Strategic Outlook
      14.4.7. Megger Group Overview Financials Developments Strategic Outlook
      14.4.8. Milwaukee Overview Financials Developments Strategic Outlook
      14.4.9. Stanley Overview Financials Developments Strategic Outlook
      14.4.10. Wera Tools Overview Financials Developments Strategic Outlook
      14.4.11. Wiha Overview Financials Developments Strategic Outlook
      14.4.12. BAHCO Overview Financials Developments Strategic Outlook
      14.4.13. Honeywell Overview Financials Developments Strategic Outlook
      14.4.14. Sisk Group Overview Financials Developments Strategic Outlook
      14.4.15. Teng Tools Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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