The global steel hammers market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 1.2 billion by 2030. The growth of this market can be attributed to the increasing demand for steel hammers in various industries such as building, electric power, chemical industry and household. The demand for these products is also driven by the need for more durable and efficient tools that are capable of handling heavy-duty tasks with ease. The global steel hammers market has been segmented on the basis of type into double faced black smith's hammer, claw hammer and engineer's ball pein hammer; on the basis of application into building, electric power, chemical industry and household; and on the basis of region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The steel industry is the largest consumer of hammers, accounting for about 50% of total demand.
- The construction industry is the second-largest consumer of hammers, accounting for about 30% of total demand.
- The mining industry is the third-largest consumer of hammers, accounting for about 10% of total demand.
- Other industries that use hammers include shipbuilding and automobile manufacturing.
- Hammers are used in a variety of applications including metalworking, woodworking and stone working.
Industry Growth Insights published a new data on “Steel Hammers Market”. The research report is titled “Steel Hammers Market research by Types (Double Faced Black smith's Hammer, Claw Hammer, Engineer's Ball Pein Hammer, Others), By Applications (Building, Electric Power, Chemical Industry, Household, Other), By Players/Companies Bombay Tools Center Bombay Pvt Ltd, Milwaukee Tool, Vijay Engineers, Sethi Brothers, Eastman Cast & Forge Limited, Mehta Sanghvi & Company, Globus Industries, J K Industrial Corporation, Swan Machine Tools Private Limited, Bright India Corp. Private Limited, Kata Tools, Vaughan Manufacturing, Hart Tools, STANLEY, Aven”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Hammers Market Research Report
By Type
Double Faced Black smith's Hammer, Claw Hammer, Engineer's Ball Pein Hammer, Others
By Application
Building, Electric Power, Chemical Industry, Household, Other
By Companies
Bombay Tools Center Bombay Pvt Ltd, Milwaukee Tool, Vijay Engineers, Sethi Brothers, Eastman Cast & Forge Limited, Mehta Sanghvi & Company, Globus Industries, J K Industrial Corporation, Swan Machine Tools Private Limited, Bright India Corp. Private Limited, Kata Tools, Vaughan Manufacturing, Hart Tools, STANLEY, Aven
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Steel Hammers Market Report Segments:
The global Steel Hammers market is segmented on the basis of:
Types
Double Faced Black smith's Hammer, Claw Hammer, Engineer's Ball Pein Hammer, 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
Building, Electric Power, Chemical Industry, Household, 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:
- Bombay Tools Center Bombay Pvt Ltd
- Milwaukee Tool
- Vijay Engineers
- Sethi Brothers
- Eastman Cast & Forge Limited
- Mehta Sanghvi & Company
- Globus Industries
- J K Industrial Corporation
- Swan Machine Tools Private Limited
- Bright India Corp. Private Limited
- Kata Tools
- Vaughan Manufacturing
- Hart Tools
- STANLEY
- Aven
Highlights of The Steel Hammers 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:
- Double Faced Black smith's Hammer
- Claw Hammer
- Engineer's Ball Pein Hammer
- Others
- By Application:
- Building
- Electric Power
- Chemical Industry
- Household
- 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 Steel Hammers 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.
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- Correctly Positioning New Products
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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?
Steel hammers are tools used to shape metal. They are made of steel and have a head that is either round or square.
Some of the major companies in the steel hammers market are Bombay Tools Center Bombay Pvt Ltd, Milwaukee Tool, Vijay Engineers, Sethi Brothers, Eastman Cast & Forge Limited, Mehta Sanghvi & Company, Globus Industries, J K Industrial Corporation, Swan Machine Tools Private Limited, Bright India Corp. Private Limited, Kata Tools, Vaughan Manufacturing, Hart Tools, STANLEY, Aven.
The steel hammers market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Steel Hammers 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. Steel Hammers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Steel Hammers Market - Supply Chain
4.5. Global Steel Hammers Market Forecast
4.5.1. Steel Hammers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Steel Hammers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Steel Hammers Market Absolute $ Opportunity
5. Global Steel Hammers 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. Steel Hammers Market Size and Volume Forecast by Type
5.3.1. Double Faced Black smith's Hammer
5.3.2. Claw Hammer
5.3.3. Engineer's Ball Pein Hammer
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Steel Hammers 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. Steel Hammers Market Size and Volume Forecast by Application
6.3.1. Building
6.3.2. Electric Power
6.3.3. Chemical Industry
6.3.4. Household
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Steel Hammers 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. Steel Hammers 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 Steel Hammers 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. Steel Hammers 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 Steel Hammers Demand Share Forecast, 2019-2026
9. North America Steel Hammers 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 Steel Hammers 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 Steel Hammers Market Size and Volume Forecast by Application
9.4.1. Building
9.4.2. Electric Power
9.4.3. Chemical Industry
9.4.4. Household
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Steel Hammers Market Size and Volume Forecast by Type
9.7.1. Double Faced Black smith's Hammer
9.7.2. Claw Hammer
9.7.3. Engineer's Ball Pein Hammer
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 Steel Hammers Demand Share Forecast, 2019-2026
10. Latin America Steel Hammers 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 Steel Hammers 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 Steel Hammers Market Size and Volume Forecast by Application
10.4.1. Building
10.4.2. Electric Power
10.4.3. Chemical Industry
10.4.4. Household
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Steel Hammers Market Size and Volume Forecast by Type
10.7.1. Double Faced Black smith's Hammer
10.7.2. Claw Hammer
10.7.3. Engineer's Ball Pein Hammer
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 Steel Hammers Demand Share Forecast, 2019-2026
11. Europe Steel Hammers 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 Steel Hammers 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 Steel Hammers Market Size and Volume Forecast by Application
11.4.1. Building
11.4.2. Electric Power
11.4.3. Chemical Industry
11.4.4. Household
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Steel Hammers Market Size and Volume Forecast by Type
11.7.1. Double Faced Black smith's Hammer
11.7.2. Claw Hammer
11.7.3. Engineer's Ball Pein Hammer
11.7.4. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
1.10. 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 Steel Hammers Demand Share, 2019-2026
12. Asia Pacific Steel Hammers 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 Steel Hammers 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 Steel Hammers Market Size and Volume Forecast by Application
12.4.1. Building
12.4.2. Electric Power
12.4.3. Chemical Industry
12.4.4. Household
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Steel Hammers Market Size and Volume Forecast by Type
12.7.1. Double Faced Black smith's Hammer
12.7.2. Claw Hammer
12.7.3. Engineer's Ball Pein Hammer
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 Steel Hammers Demand Share, 2019-2026
13. Middle East & Africa Steel Hammers 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 Steel Hammers 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 Steel Hammers Market Size and Volume Forecast by Application
13.4.1. Building
13.4.2. Electric Power
13.4.3. Chemical Industry
13.4.4. Household
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Steel Hammers Market Size and Volume Forecast by Type
13.7.1. Double Faced Black smith's Hammer
13.7.2. Claw Hammer
13.7.3. Engineer's Ball Pein Hammer
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 Steel Hammers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Steel Hammers Market: Market Share Analysis
14.2. Steel Hammers Distributors and Customers
14.3. Steel Hammers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bombay Tools Center Bombay Pvt Ltd
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Milwaukee Tool
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Vijay Engineers
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sethi Brothers
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Eastman Cast & Forge Limited
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mehta Sanghvi & Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Globus Industries
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. J K Industrial Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Swan Machine Tools Private Limited
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Bright India Corp. Private Limited
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kata Tools
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Vaughan Manufacturing
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Hart Tools
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. STANLEY
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Aven
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