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1543603

中國工業手動工具市場評估:按工具類型、應用、最終用戶、銷售管道和地區劃分的機會和預測(2017-2031)

China Industrial Hand Tools Market Assessment, By Tool Type, By Application, 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 126 Pages | 商品交期: 3-5個工作天內

價格

中國工業手動工具市場規模預計將從2023年的43.8億美元成長到2031年的66.2億美元,預測期內年複合成長率為5.30%。

中國是主要的製造和組裝基地,對機械加工基礎設施和設備有很高的需求。新創企業、政府支持和永續製造是影響該國市場成長的一些關鍵趨勢。對工業手動工具的需求受到汽車、建築和航空航太工業的影響。對這些行業的投資增加可能會增加對製造、維護和修理的需求,改變該行業。政府措施支持的基礎設施計畫也推動了對手動工具的需求。此外, "一帶一路" 倡議(BRI)和 "雙循環策略" (DCS)也可能刺激市場成長,因為它們包括大規模的建築和製造活動。另一個關鍵驅動因素是消費者對 DIY 的偏好,這推動了中國對易於使用的手動工具的需求。

具有工具追蹤監控和智慧人體工學等現代功能的先進手動工具正變得越來越受歡迎。背後的原因是需要減輕最終用戶的負擔並讓他們的工作更輕鬆。此外,中國企業也試驗關於這些手動工具的材料和重量。

例如,Ingco Tools Co., Ltd. 提供各種手動工具,包括玻璃纖維柄羊角錘、機械錘、石錘和球痛錘。錘子配有安全保護鋼圈和落錘鎚頭硬木手柄。

內需成長與技術進步推動市場成長

包括裝配線和國內生產的計畫大幅增加。此外,DIY專案的成長趨勢增加了對電動工具和手動工具的需求。該行業是由中國政府的基礎設施計劃推動的,特別是屬於 "一帶一路" 倡議的基礎設施計劃,該計劃吸引大規模的建設投資。

製造商透過使用電腦輔助設計(CAD)軟體建立詳細的3D 模型來實現手動工具原型設計。這簡化了精密設計工具的生產,這些工具符合人體工學設計,並確保更好的抓握力和舒適度。原型提供了在進入大規模生產線之前測試功能和可用性的機會,減少錯誤並提高產品品質。材料科學的進步使得更強、更輕、更有彈性的材料可用於製造手動工具。高級鋼和複合材料為工具提供了更好的性能和強度,並賦予工具更好的抓握性能。改進的表面處理和塗層使工具能夠抵抗磨損和腐蝕,延長其使用壽命。隨著製造和 DIY 的發展,公司每年都在增加其提供的手動工具產品的類型。

本報告調查了中國工業手動工具市場,提供市場定義和概述、市場規模的趨勢和預測、各個細分和地區的詳細分析、行業結構、影響市場成長的因素分析、案例研究、競爭狀況、主要公司簡介等。

目錄

第1章 研究方法

第2章 專案範圍與定義

第3章 執行摘要

第4章 顧客回饋

  • 產品與市場訊息
  • 品牌識別模式
  • 做出購買決定時考慮的因素
  • 有關隱私和安全法規的考慮因素

第5章 中國工業手動工具市場展望

  • 市場規模/預測
  • 市佔率分析/預測
    • 依工具類型
    • 依用途
    • 依最終用戶
    • 依銷售管道
    • 依地區
    • 依公司劃分的市佔率分析
  • 市場地圖分析

第6章 供需分析

第7章 價值鏈分析

第8章 波特五力分析

第9章 PESTLE分析

第10章 宏觀經濟指標

第11章 價格分析

第12章 獲利能力分析

第13章 市場動態

  • 市場驅動因素
  • 市場挑戰

第14章 市場趨勢與發展

第15章 個案研究

第16章 競爭態勢

  • 前 5 名市場領導者的競爭矩陣
  • 企業生態系分析(新創企業、中小企業和大型企業)
  • 前 5 名的公司的SWOT 分析
  • 前10名企業狀況
    • Diversitech Global Manufacturing Pvt. Ltd.,
    • Hebei Sinotools Industrial Co. Ltd.
    • Suzhou CHISEN Tools Co. LTD.
    • Jiangsu Goldmoon Industry Co., Ltd.
    • Hunan Daliwang Tools Co. Ltd.
    • Binovo Manufacturing Co. Ltd.
    • Huzhou Foxwoll E-commerce Co. Ltd.
    • Wintek Tools Co. Ltd.
    • Ingco Tools Co., Ltd.
    • Jiangsu JieJie Co., Ltd.,

第17章 策略建議

第18章 關於本公司/免責聲明

Product Code: MX11803

China industrial hand tools market is projected to witness a CAGR of 5.30% during the forecast period 2024-2031, growing from USD 4.38 billion in 2023 to USD 6.62 billion in 2031. China is the leading manufacturing and assembling hub, demanding for machining infrastructure and equipment. The new companies, government support, and sustainable manufacturing are some of the major trends impacting the growth of market in the country. The demand for industrial hand tools is impacted through automotive, construction, and aerospace industry. Higher investment in these industries is likely to transform the industry with increasing demand through manufacturing, maintenance, and repairing sectors. Infrastructure projects, supported by government initiatives, are boosting the demand for hand tools. Furthermore, the Belt and Road Initiative (BRI) and Dual-Circulation Strategy (DCS) are most likely to stimulate growth in the market as they both propose huge construction and manufacturing activities. Another crucial driving factor is the consumer inclination toward do-it-yourself (DIY) tasks that is increasing demand for user-friendly hand tools in China.

Advanced hand tools, with modern features such as monitoring tool tracking and smart ergonomics, enjoy ever-growing popularity. It is driven by the need to reduce the burden and facilitate end-user activities. Moreover, companies in China have also experimented with the materials and weight of these hand tools.

For instance, Ingco Tools Co., Ltd. offer long range of hand tools including fiberglass handle-based claw hammer, machinist hammer, stoning hammer, and ball pein hammer. The hammer is loaded with safety protection steel ring, and a drop-forged hammerhead hardwood handle.

Higher Domestic Demand and Technological Advancements to Fuel Market Growth

Projects involving assembly lines and domestic production are increasing significantly. In addition, the growing trend of DIY projects has increased demand for both power and manual tools. The industry is driven by the Chinese government's infrastructure programs, particularly those which fall under the One Belt One Road (OBOR) plan, which have attracted large building investments.

Manufacturers achieve prototyping of hand tools by creating detailed 3D models using Computer-aided Design (CAD) software. This way, production streamlines precisely engineered tools that are ergonomically designed, ensuring a better grip and comfort. Prototypes offer a chance for functionality and usability tests before a headlong dash into mass production lines, thereby reducing the errors and increasing product quality. Material science development has brought in several stronger, lighter, and more resilient materials into the production of hand tools. High-grade steel and composite materials offer much better performance and greater strength to tools and make the characteristics of tool grip much better. Improved surface treatments and coatings enable the tool to resist wear and corrosion, extending its life. Companies have expanded the list of their hand tool products offered with the passage of years in evolution as there is more advanced manufacturing and DIY setting.

For instance, completing more than 20 years in hand tool business, Chinese manufacturer Diversitech Global Manufacturing Pvt. Ltd. have extended its product line with products such as chisels, punches, pry bars, socket bits, torque wrench sets, and utility knives. These products have been designed and manufactured in-house over the years.

Heavy Import and Export to Garner Country's Market

With about 40% of all hand tool exports coming from China, the country has established itself as the global leader in both production and exports. The market is fueled by factors such as low production costs, a skilled workforce, and an efficient supply chain infrastructure. The increased export volume propels China's global market presence and supports its position as a strategic player in the global hand tool industry, thereby attracting more investments and innovation in manufacturing sector. Chinese manufacturers function through higher economic activities with raised production to levels that could meet demand from across the globe. Higher production quantities reduce costs per unit, thereby giving companies the opportunity to deliver highly competitive pricing globally, making these products suitable for the exports. With lower costs, Chinese manufacturers can afford advanced technology and improve the quality of their products, helping to build the local market for industrial hand tools.

For instance, China exported the hand tools of a value USD 1.12 billion in 2022. These hand tools include files, rasps, pliers, tweezers, pincers, pipe cutters, bolt croppers, and other similar hand tools.

Higher Consumption Fuel Industrial Segment Growth

Based on end-user, the industrial segment holds the dominating share in China industrial hand tools market. The continuous modernization of China is still driving the demand for hand tools in a number of industries, such as manufacturing, aerospace, and automotive. The requirement for strong, long-lasting hand tools that can handle frequent usage is growing as businesses expand. This tendency is especially noticeable in industrial center provinces such as Guangdong, Jiangsu, and Zhejiang. The proliferation of e-commerce platforms has facilitated the accessibility of a broad array of hand tools for industrial users. In addition to boosting sales, this accessibility makes competitive pricing possible, which appeals to companies trying to keep costs down without sacrificing quality.

Future Market Scenario (2024 - 2031F)

Advancements in manufacturing technologies along with modern hand designs are anticipated to transform the future of hand tools market in China.

E-commerce growth and higher focus on quality and branding is projected to add value to China industrial tools market.

Chinese hand tool manufacturers are actively seeking to enter emerging markets in Africa, Latin America, and Middle East. Hence, the involvement of Chinese companies in global platforms are expected to expand the regional market presence. For instance, in March 2024, Chinese tool manufacturer, Hebei Sinotools Industrial Co., Ltd. participated in the prestigious EISENWARENMESSE -2024 International Hardware Fair in Cologne, Germany. Also, the company is known for showcasing the latest trends and innovations in the hardware industry.

Key Players Landscape and Outlook

Key participants in China industrial hand tools market focus on advanced tool designs, sustainable manufacturing, and enhanced supply chain. Competitors are prioritizing the design of hand tools that enhance ergonomics and safety, utilizing lightweight materials and vibration-reducing technologies. This focus aims to reduce workplace injuries and improve worker comfort and productivity. Companies are actively expanding into emerging economies where industrialization and infrastructure development are on the rise. Major players are engaging in mergers and acquisitions, partnerships, and facility expansions to broaden their product portfolios and strengthen their market presence.

In April 2024, Sandvik Group acquired a majority stake in the leading China-based company, Suzhou Ahno Precision Cutting Tool Technology Co., Ltd. (Ahno) from the current majority owner, Ningbo Baosi Energy Equipment Co., Ltd and related parties.

In December 2023, Jiangsu JieJie Microelectronics Co., Ltd. acquired an additional 30.24% stake in JieJie Microelectronics Technology Co., Ltd. from a group of sellers for USD 138.67 million.

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. Quality and Durability
    • 4.3.2. Ergonomics Design
    • 4.3.3. Precision and Accuracy
    • 4.3.4. Safety Features
    • 4.3.5. Versatility and Compatibility
    • 4.3.6. Reputation and Warranty
  • 4.4. Maintenance and Care Consideration of Privacy and Safety Regulations

5. China Industrial Hand Tools Market Outlook, 2017-2031F

  • 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. Hammer Set
      • 5.2.1.2. Plier Set
      • 5.2.1.3. Wrench Set
      • 5.2.1.4. Hand Drill
      • 5.2.1.5. Screwdrivers
      • 5.2.1.6. Others
    • 5.2.2. By Application
      • 5.2.2.1. General Purpose Tools
      • 5.2.2.2. Metal Cutting
      • 5.2.2.3. Layout and Measuring
      • 5.2.2.4. Others
    • 5.2.3. By End-user
      • 5.2.3.1. DIY
      • 5.2.3.2. Commercial
      • 5.2.3.3. Industrial
    • 5.2.4. By Sales Channel
      • 5.2.4.1. Online Sales
      • 5.2.4.2. Retail Sales
      • 5.2.4.3. Distributor Sales
    • 5.2.5. By Region
      • 5.2.5.1. South
      • 5.2.5.2. East
      • 5.2.5.3. North
      • 5.2.5.4. Northeast
      • 5.2.5.5. Central
      • 5.2.5.6. Southwest
      • 5.2.5.7. Northwest
    • 5.2.6. 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 End-user
    • 5.3.4. By Sales Channel
    • 5.3.5. 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. Diversitech Global Manufacturing Pvt. Ltd.,
      • 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. Hebei Sinotools Industrial Co. Ltd.
    • 16.4.3. Suzhou CHISEN Tools Co. LTD.
    • 16.4.4. Jiangsu Goldmoon Industry Co., Ltd.
    • 16.4.5. Hunan Daliwang Tools Co. Ltd.
    • 16.4.6. Binovo Manufacturing Co. Ltd.
    • 16.4.7. Huzhou Foxwoll E-commerce Co. Ltd.
    • 16.4.8. Wintek Tools Co. Ltd.
    • 16.4.9. Ingco Tools Co., Ltd.
    • 16.4.10. Jiangsu JieJie 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 Industrial Hand Tools Market, By Value, In USD Billion, 2017-2031F
  • Figure 2. China Industrial Hand Tools Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 3. China Industrial Hand Tools Market Share (%), By Tool Type, 2017-2031F
  • Figure 4. China Industrial Hand Tools Market Share (%), By Application, 2017-2031F
  • Figure 5. China Industrial Hand Tools Market Share (%), By End-user, 2017-2031F
  • Figure 6. China Industrial Hand Tools Market Share (%), By Sales Channel, 2017-2031F
  • Figure 7. China Industrial Hand Tools Market Share (%), By Region, 2017-2031F
  • Figure 8. By Tool Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 9. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 10. By End-user Size Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 11. By Sales Channel Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 12. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023