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電動工具

市場調查報告書

商品編碼

1546277

中國電動工具市場：依工具型、應用、攜帶性、最終用戶、銷售通路、地區、機會、預測，2017-2031年

China 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: 2024年09月03日 | 出版商:

Market Xcel - Markets and Data | 英文 141 Pages | 商品交期: 3-5個工作天內

價格

簡介目錄圖表

中國電動工具市場規模預計將從2023年的85億美元成長到2031年的127.6億美元，2024-2031年的年複合成長率為5.21%。中國基礎設施發展的進步以及 DIY 和 DIFM 文化的日益普及預計將推動市場成長。電子商務的興起、DIY運動的興起、技術進步和基礎設施發展預計將在預測期內推動中國電動工具市場的發展。 DIY 趨勢和建築業預計將成為主要需求產生者。無線電動工具預計將繼續獲得市場佔有率。

中國基礎設施的快速成長，重新啟動了施工工具和設備的使用。由於 "一帶一路" 戰略和鐵路網路的擴張，基礎設施計畫不斷增加。無線工具由於其攜帶性、適應性和易用性的增強而變得越來越流行。緊湊的馬達設計和電池技術的進步（從鎳鎘電池到鋰離子電池）使更有效率的無線工具成為可能。

中國是最大的汽車組裝和製造國。電動車和自動駕駛技術的推出預計將為中國電動工具市場增加價值。此外，鑽頭、衝擊扳手、切割機和電動磨床等電動工具廣泛用於汽車行業的各種製造任務。隨著汽車產量的增加，對這些工具的需求也增加。汽車產業將電動工具整合到自動化系統中，汽車產業為某些任務採用更多的自動化。這種連接簡化了生產程序，並提高了生產力和效率。隨著製造商尋求簡化其運營，對與自動化系統相容的先進電動工具的需求量很大。

本報告調查了中國電動工具市場，提供了市場概況，以及有關工具類型、應用、攜帶性、最終用戶、銷售渠道、區域趨勢和進入市場的公司簡介。

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
- Techtronic Industries Company Limited
- CHERVON (China) Trading Co., Ltd. (Devon)
- Positec Tool Corporation (WORX)
- KYNKO Industrial Limited
- Jiangsu Dongcheng M&E Tools Co., Ltd.
- KEN Power Tools Company
- CROWN Power Tools Manufacture Co., Ltd.
- Greenworks Co., Ltd.
- Jiangsu DaYi Electromechanical Tools Co. Ltd.
- Ingco Tools Co., Ltd.
- Jiangsu SUMEC Hardware Tools Co., Ltd.

第17章策略建議

第18章查詢及免責聲明

簡介目錄圖表

Product Code: MX11827

China power tools market is projected to witness a CAGR of 5.21% during the forecast period 2024-2031, growing from USD 8.50 billion in 2023 to USD 12.76 billion in 2031. China's growing infrastructure development and rising popularity of DIY and DIFM culture are likely to fuel the market growth. The rise of e-commerce, the growing DIY movement, technological improvements, and infrastructural development are expected to propel the power tools market in China during the forecast period. The DIY trends and construction industries are expected to work as the main demand generators. The cordless and electric power tools are projected to continue to acquire market share.

The use of building tools and equipment has resumed due to China's exponential growth in infrastructure. Infrastructure projects are increasing in number due to the One Belt One Route (OBOR) strategy and the rail network's expansion. Due to higher portability, adaptability, and ease of use, cordless tools are becoming more popular. More efficient cordless tools are being made possible by technological developments in compact motor design and battery technology, moving from NiCad to Li-ion.

Furthermore, companies have launched an extended range of hand and power tools with upgraded features over the years. For instance, in January 2024, Milwaukee Tools, owned by Techtronic Industries Company Limited released its new tools for 2024. These products include Milwaukee 2966-20 M18 FUEL 1/2" High Torque Impact Wrench with Pin Detent, Milwaukee 2933-21 M18 FORCE LOGIC Single Channel Strut Shear Kit, Milwaukee 3701-21 M18 Red Exterior Rotary Laser Level Kit with Receiver, and others.

Automotive Manufacturing, Automation, and Rapid Infrastructure Projects to Fuel Market Growth

China is one of the largest spaces for automotive assembling and manufacturing. The launch of electric vehicles along with autonomous technology is expected to add value to China power tool market. Furthermore, power tools such as drills, impact wrenches, cutters, and power grinders are used extensively in the automotive sector for a variety of manufacturing operations. The need for these tools increases in tandem with the increase in vehicle production. Power tools are being incorporated into automated systems by the automotive industry, which is adopting automation more for certain activities. Production procedures are streamlined by this connection, increasing productivity and efficiency. Advanced power tools that are compatible with automated systems have high demand as manufacturers look to streamline their operations.

The Chinese government is making significant investments in public works, commercial, and residential infrastructure projects. The constant demand for power tools is attributed to construction workers increasing productivity and efficiency on job sites as there is a constant need for them. For instance, in April 2023, Beijing relied on infrastructure to stimulate an economy that is being hampered by consumers still sour from years of financial restrictions, as evidenced by the announcements made by Chinese provinces to increase expenditure on large construction projects by over a quarter of 2023. Approximately two thirds of China's regions announced to invest over USD 1.8 trillion in significant projects this year, including energy generating, industrial parks, and transportation infrastructure.

In January 2023, The National Development and Reform Commission (NDRC), China's chief economic planner, announced in late 2022 that it had approved about 109 fixed-asset investment projects pertaining to transportation, water conservation, and other areas, approving USD 218.35 billion of capital.

Trend of Do-it-Yourself Culture to Fuel Market Growth

China's rising do-it-yourself (DIY) culture is an important contributor to the boosting power tool sales. The need for power tools appropriate for household applications has increased as more Chinese customers take DIY initiatives for home maintenance, decor, and renovation. Due to their simplicity and adaptability, cordless power tools are becoming a more attractive option. In China, the DIY movement has spread from cities to rural areas. The government is allocating more funding to increase portability, simplicity of use, and expanding DIY culture to encourage this trend of using power tools for intricate domestic tasks and spurring industry growth. Manufacturers are designing lighter and more comfortable cordless tools to appeal to homeowners without extensive experience.

For instance, in February 2022, KYNKO INDUSTRIAL LIMITED launched its cordless driver drill KD90, equipped with an efficient 21V brushless motor. The tool comes with brushless motors, 2.0Ah battery pack, a high-precision quick-change chuck, and adjustable powerful torque.

Higher Economic Activities fuel the Industrial Segment's Growth

Based on end-users, the industrial segment leads in the market with rapid automotive transformation and aerospace manufacturing. Another major factor contributing to this growth is the expansion of infrastructure, which necessitates the use of a variety of power tools for both construction and maintenance work. Large-scale programs such as the One Belt One Road (OBOR) project are fueling an increase in infrastructure development nationwide. Power tools are required for a variety of activities, from drilling to cutting, which raises demand in the industrial sector. The substantial usage of power tools in large-scale construction projects is demonstrated by notable projects such as the Hong Kong-Zhuhai-Macao Bridge and the Beijing Daxing International Airport.

Power tools are always needed to enable mass production as China is one of the world's manufacturing hubs. Power tools' operational efficiency is increasing due to the move towards more sophisticated and efficient tools, such as the switch from nickel-cadmium to lithium-ion batteries, which makes them more desirable for industrial applications. Companies with long portfolio of tools tend to invest in testing and research elements for better consumer satisfaction.

For instance, in June 2022, CHERVON (China) Trading Co., Ltd. (Devon) inaugurated the new Chervon Testing Center in Chervon Green power plant. With a total floor space of 12,000 square meters, the new testing facility is furnished with over 200 experienced testers, a multitude of testing stations and equipment, and an advanced CNAS quality management system.

Future Market Scenario (2024 - 2031F)

Advances in battery technology, particularly the switch from nickel-cadmium to lithium-ion batteries, are driving the trend toward cordless power tools.

The growing DIY culture in urban and rural areas is contributing to market growth. As more consumers engage in home improvement projects, the demand for versatile and user-friendly power tools is increasing.

The ongoing shift towards energy-efficient tools and the adoption of industry 4.0 technologies present new opportunities for innovation and growth in the sector.

Key Players Landscape and Outlook

China power tool market is highly competitive, with domestic and international players, vying for market share. Domestic manufacturers are investing in R&D to develop innovative products with cutting-edge technologies such as brushless motors and real-time performance monitoring. These brands leverage their understanding of the local market and cost advantages to gain market share. Manufacturers are expanding their presence in both urban and rural areas to tap into the growing DIY culture and infrastructure development. Companies are forming strategic partnerships and acquiring local players to strengthen their market position.

For instance, Techtronic Industries Company Limited acquired a 100% equity interest in Green Planet Distribution Centre Company Limited from independent third parties for a cash consideration of approximately USD 75 million. Green Planet's business was acquired to continue the expansion of the Group's manufacturing power equipment and outdoor power equipment products business.

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. China 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. South
  - 5.2.6.2. East
  - 5.2.6.3. North
  - 5.2.6.4. Northeast
  - 5.2.6.5. Central
  - 5.2.6.6. Southwest
  - 5.2.6.7. Northwest
- 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. Techtronic Industries Company Limited
  - 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. CHERVON (China) Trading Co., Ltd. (Devon)
- 16.4.3. Positec Tool Corporation (WORX)
- 16.4.4. KYNKO Industrial Limited
- 16.4.5. Jiangsu Dongcheng M&E Tools Co., Ltd.
- 16.4.6. KEN Power Tools Company
- 16.4.7. CROWN Power Tools Manufacture Co., Ltd.
- 16.4.8. Greenworks Co., Ltd.
- 16.4.9. Jiangsu DaYi Electromechanical Tools Co. Ltd.
- 16.4.10. Ingco Tools Co., Ltd.
- 16.4.11. Jiangsu SUMEC Hardware Tools 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

簡介目錄圖表

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 Power Tools Market, By Value, In USD Billion, 2017-2031F
Figure 2. China Power Tools Market, By Volume, In Thousand Units, 2017-2031F
Figure 3. China Power Tools Market Share (%), By Tool Type, 2017-2031F
Figure 4. China Power Tools Market Share (%), By Application, 2017-2031F
Figure 5. China Power Tools Market Share (%), By Portability, 2017-2031F
Figure 6. China Power Tools Market Share (%), By End-user, 2017-2031F
Figure 7. China Power Tools Market Share (%), By Sales Channel, 2017-2031F
Figure 8. China 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