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市場調查報告書
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1543605

美國電動工具市場:按工具類型、應用、攜帶性、最終用戶、銷售通路、地區、機會、預測,2017-2031年

United States Power Tools Market Assessment, By Tool Type, By Application, By Portability, 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 139 Pages | 商品交期: 3-5個工作天內

價格

美國電動工具市場預計將從2023年的70.8億美元成長到2031年的101.5億美元,在2024-2031年預測期內年複合成長率為 4.62%。美國電動工具技術的發展得益於技術整合、變革性汽車工業的擴張、DIY 趨勢和智慧工廠。

在兩個主要趨勢的推動下,美國電動工具市場經歷強勁成長:DIY 家居裝修項目的日益普及以及工廠中智慧製造技術的採用。隨著中產階級尋求改善生活條件,對 DIY 電動工具的需求不斷增加。美國大多數成年人從事家居裝修和維護工作,高效便捷的電動工具使這些任務變得更快、更有效率、更努力工作。在工業方面,智慧製造方法和物聯網(IoT)的採用推動電動工具的創新。隨著工廠的互聯程度越來越高,製造商優先考慮生產智慧互聯工具。 Milwaukee Tool 和 Robert Bosch GmbH 等領先品牌提供數位平台和應用程序,允許用戶自訂設定、監控專案、追蹤設備和管理任務。這些先進的功能提高了生產車間的生產力和效率。美國產業的整體工業擴張和研發程序的擴展預計將推動市場成長。該地區的公司日益擴大業務並創新產品線。

工具連接提供即時效能監控、預測性維護以及增強的行動應用用戶體驗。這種連接提高了工作效率並引起了對站點安全和合規性的擔憂。最近電池技術的突破,如固態電池和石墨烯電池,進一步提高了能量密度並減少了充電時間。這些新的創新大幅提高了無線工具的性能和效率,擴大了其應用範圍並加強了其對市場的進一步滲透。

鋰離子電池的發明大幅提高了無線電動工具的性能。這種電池具有高能量密度,可以讓工具在不增加重量的情況下運作更強勁。這使得製造商能夠開發與有線工具相當的高功率無線工具,使其適合建築和汽車等行業的重型應用。將物聯網和智慧技術引進電池供電工具將為創新帶來更多機會。

本報告調查了美國電動工具市場,並提供了市場概況,以及按工具類型、應用、攜帶性、最終用戶、銷售管道、區域的趨勢和進入市場的公司簡介等。

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

第5章 美國電動工具市場展望,2017-2031

  • 市場規模與預測
  • 市佔率分析與預測
  • 2023年市場地圖分析
    • 依工具類型
    • 依用途
    • 依攜帶性
    • 依最終用戶
    • 依銷售管道
    • 依地區

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

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、中小企業與大公司)
  • 前 5 名進入公司的SWOT 分析
  • 市場前10位主要參與者的情況
    • Stanley Black & Decker, Inc.
    • Snap-on Incorporated
    • Apex Tools Group LLC
    • Milwaukee Electric Tool Corporation
    • Robert Bosch GmbH
    • Hilti Corporation
    • Emerson Electric Co.
    • Makita Corporation
    • Klein Tools, Inc.
    • Wiha Werkzeuge GmbH
    • Ingersoll Rand Inc.

第17章 策略建議

第18章 查詢及免責聲明

Product Code: MX11805

United States power tools market is projected to witness a CAGR of 4.62% during the forecast period 2024-2031, growing from USD 7.08 billion in 2023 to USD 10.15 billion in 2031. The evolving power tool technology in the United States is attributed to the integration of technologies, expansion of transformed automotive industry, do-it-yourself trend, and smart factories.

The United States power tools market is experiencing strong growth, driven by two key trends, increasing popularity of DIY home improvement projects and the adoption of smart manufacturing technologies in factories. As the middle-class population seeks to improve their living conditions, the demand for DIY power tools is on the rise. Most adults in the United States engage in home improvement and maintenance activities, with efficient and handy power tools making these tasks quicker, more efficient, and less labor-intensive. On the industrial side, the adoption of smart manufacturing practices and the Internet of Things (IoT) is driving innovation in power tools. As factories become increasingly interconnected, manufacturers are prioritizing the production of smart and connected tools. Leading brands such as Milwaukee Tool and Robert Bosch GmbH offer digital platforms and apps that allow users to customize settings, monitor projects, track equipment, and manage tasks. These advanced features boost productivity and efficiency on the production floor. The overall industrial expansion of the United States industries along with the extended research and development procedures are anticipated to propel market growth. Companies in the region are expanding their operations and innovating the product line offered.

For instance, in April 2022, Milwaukee Electric Tool Corporation announced its Milwaukee Tool in Chicago at the historic old post office. This location is going to focus on engineering design and innovation and has space to house over 250 employees. Milwaukee Tool intends to promote a disruptive innovation culture that will enable them to lead the construction sector in the development of multiple new power tool technologies.

Advanced Battery Platform and Technological Advancements to Fuel Market Growth

Connectivity features on tools provide for real-time performance monitoring, predictive maintenance, and an improved user experience through mobile applications. This connectivity offers better operational efficiency and raises concerns about safety and compliance at job sites. Recent breakthroughs in battery technology, including solid-state and graphene batteries further improve energy density and cut recharging times. These new innovations make cordless tool performance and efficiency far better, expanding their applications and enhancing further inroads into the market.

The invention of lithium-ion batteries significantly enhanced the performance of cordless power tools. These batteries have higher energy density that allows tools to run more powerfully without adding weight. It enables manufacturers to come up with higher-powered cordless tools that are at par with their corded cousins and thus suitable for heavy-duty applications in industries such as construction and automotive. The infusion of the Internet of Things and smart technologies into battery-powered tools open more opportunities for innovation.

For instance, in July 2023, Makita U.S.A., Inc., launched the 18V LXT Compact Brushless 1/2 inch Hammer Driver-Drill Kit (XPH16T, 5.0Ah battery and charger included with kit). Increased power is available for a variety of driving, hammer-drilling, and drilling applications with the Hammer Driver-Drill. The new XPH14 is offered as part of a kit (XPH16T) that includes a DC18RC rapid charger and two 5.0Ah batteries (BL1850B).

Cordless Technology and Infrastructural Development to Fuel Market

The cordless technology has a significant impact on the power tool market of the United States, pushing growth and innovation in all sectors. One of the major drivers for the growth of market is shifting preferences towards battery-backed tools, including cordless hammer drills, impact wrenches, and circular saws. It gives flexibility and mobility, enabling them to work freely without being hampered by cords. One of the reasons is growing market for cordless tools which is apt for many purposes, from Do-It-Yourself (DIY) tasks to professional construction. Another reason is the rising number of infrastructure projects in roads, bridges, and public buildings in the United States.

A higher construction activity means a higher demand for power tools, which are required and needed to finish such projects efficiently and effectively. Power tools are used massively in residential and commercial construction and hence form an integral part of the construction industry. Major investments by governments in infrastructure are likely to continue, thus boosting the construction sector. These projects are expected to boost demand for solid, hard-hitting power tools, such as drills, saws, and impact drivers, that are crucial for heavy construction and detailed finishing work.

For instance, in August 2024, The United States Department of Transportation's Federal Aviation Administration (FAA) announced more than USD 636 million investment in 46 states and American Samoa to improve our nation's airport infrastructure. These projects fuel the market growth in the country.

Rapid Urbanization and Easy to Use Equipment to Fuel the Portable Segment's Growth

Portable segment dominate the power tools market share in terms of volume in the United States. Cordless power tools have many advantages over corded ones as they are portable, lighter, and easier to handle in confined spaces, making them more convenient to use, especially in construction and renovation work, where access to mains electricity might be problematic. The growing culture of DIY in the United States is one of the chief drivers of the resonance that cordless power tools get in the country.

Renovation programs are being handled by house-owners, who desire lightweight, easy-to-use cordless tools because of their handiness and versatility. Lithium-ion batteries changed the scene for cordless power tools by increasing higher energy density, lighter weight, and longer runtime than older battery types such as nickel-cadmium and nickel-metal hydride. This changed cordless tools into more practical and efficient applications.

For instance, in January 2024, Robert Bosch GmbH debuted over 30 new cordless products in 2024 World of concrete conference in Las Vegas, NV. Many of Bosch's newest products, such as Impact Wrenches, Inspection Cameras, and Bulldog Tough SDS-plus Drill Bits, are designed to give customers more adaptability, longer battery life, and other advantages when handling concrete and other materials on the job site.

Future Market Scenario (2024 - 2031F)

Expansion of power tool brands in the country, along with the high-end research and development are expected to fuel market growth.

Companies experiment with cordless and portable tools such as wrenches, drilling machines and new battery technology, anticipated to propel market growth.

Government funding and awareness around efficient power tools are projected to add value to the market size.

Key Players Landscape and Outlook

Companies are increasingly incorporating smart features into power tools, such as Bluetooth connectivity for tracking and safety. This innovation enhances user experience and operational efficiency, appealing to professional and DIY markets. The shift towards lithium-ion batteries has improved performance and portability of cordless tools. Manufacturers are focusing on developing tools that offer longer battery life and faster charging times, which are critical for residential and industrial applications. Companies are expanding their product lines to include a wider range of tools that cater to various applications, such as drilling, cutting, and material removal.

For instance, in February 2024, Makita U.S.A. Inc. introduced the 5-inch Paddle Switch Angle Grinder with AC/DC Switch (9558HP) in February of 2024. Employees engaged in plumbing, mechanical, and electrical fields, and those who work in metal fabrication industries can opt for this product.

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. Power and Performance
    • 4.3.2. Ergonomics and Comfort
    • 4.3.3. Durability and Build Quality
    • 4.3.4. Features and Accessories
    • 4.3.5. Price and Value
  • 4.4. Consideration of Privacy and Safety Regulations

5. United States Power Tools Market Outlook, 2017-2031

  • 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. Drills
      • 5.2.1.2. Screwdrivers
      • 5.2.1.3. Impact Drivers
      • 5.2.1.4. Angle Grinders
      • 5.2.1.5. Air Compressors
      • 5.2.1.6. Nail Guns
      • 5.2.1.7. Others
    • 5.2.2. By Application
      • 5.2.2.1. Fasteners
      • 5.2.2.2. Cutting
      • 5.2.2.3. Shaping
      • 5.2.2.4. Sanding
      • 5.2.2.5. Grinding
      • 5.2.2.6. Routing
      • 5.2.2.7. Polishing
      • 5.2.2.8. Painting
      • 5.2.2.9. Others
    • 5.2.3. By Portability
      • 5.2.3.1. Stationary
      • 5.2.3.2. Portable
        • 5.2.3.2.1. Cordless
        • 5.2.3.2.2. Corded
    • 5.2.4. By End-user
      • 5.2.4.1. DIY
      • 5.2.4.2. Commercial
      • 5.2.4.3. Industrial
        • 5.2.4.3.1. Automotive
        • 5.2.4.3.2. Aerospace
        • 5.2.4.3.3. Others
    • 5.2.5. By Sales Channel
      • 5.2.5.1. Online Sales
      • 5.2.5.2. Retail Sales
      • 5.2.5.3. Distributor Sales
    • 5.2.6. By Region
      • 5.2.6.1. Northeast
      • 5.2.6.2. Midwest
      • 5.2.6.3. West
      • 5.2.6.4. South
    • 5.2.7. 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 Portability
    • 5.3.4. By End-user
    • 5.3.5. By Sales Channel
    • 5.3.6. 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. Stanley Black & Decker, Inc.
      • 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. Snap-on Incorporated
    • 16.4.3. Apex Tools Group LLC
    • 16.4.4. Milwaukee Electric Tool Corporation
    • 16.4.5. Robert Bosch GmbH
    • 16.4.6. Hilti Corporation
    • 16.4.7. Emerson Electric Co.
    • 16.4.8. Makita Corporation
    • 16.4.9. Klein Tools, Inc.
    • 16.4.10. Wiha Werkzeuge GmbH
    • 16.4.11. Ingersoll Rand Inc.

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. United States Power Tools Market, By Value, In USD Billion, 2017-2031F
  • Figure 2. United States Power Tools Market, By Volume, In Thousand Units, 2017-2031F
  • Figure 3. United States Power Tools Market Share (%), By Tool Type, 2017-2031F
  • Figure 4. United States Power Tools Market Share (%), By Application, 2017-2031F
  • Figure 5. United States Power Tools Market Share (%), By Portability, 2017-2031F
  • Figure 6. United States Power Tools Market Share (%), By End-user, 2017-2031F
  • Figure 7. United States Power Tools Market Share (%), By Sales Channel, 2017-2031F
  • Figure 8. United States Power Tools Market Share (%), By Region, 2017-2031F
  • Figure 9. By Tool Type Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 10. By Application Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 11. By Portability Size Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 12. By End-user Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 13. By Sales Channel Map-Market Size (USD Billion) & Growth Rate (%), 2023
  • Figure 14. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023