The Power Tools and Other General Purpose Machinery Manufacturing industry produces a variety of products, including power-driven hand tools, welding equipment, packaging machinery, industrial-process furnaces, fluid-power cylinders and actuators. The industry fluctuates in-line with overall manufacturing and construction activity as downstream demand is concentrated primarily in these markets. Over the past five years, the industry has been boosted by rising construction activity and industrial production. However, the COVID-19 pandemic disrupted both commercial construction and manufacturing activity, but the industry was buoyed by gains in residential housing markets. Still, the industry has shrunk at an annualized rate of 1.1% to $56.1 billion over the five years to 2023, including an expected 2.3% drop in 2023 alone.Tough as Nails: Industry Revenue is Projected to Continue Growing Following the Reopening of the Economy
Items manufactured in this industry include power-driven hand tools; welding and soldering equipment; packaging machinery; industrial-process furnaces and ovens; fluid-power cylinders and actuators; fluid-power pumps and motors; scales and balances; and miscellaneous general-purpose machinery.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
Table of Contents
ABOUT THIS INDUSTRY
INDUSTRY PERFORMANCE
PRODUCTS & MARKETS
COMPETITIVE LANDSCAPE
OPERATING CONDITIONS
KEY STATISTICS
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Stanley Black & Decker, Inc.
- Techtronic Industries Co Ltd
- Midea Group Co. Ltd
- Moog Inc.
- Minimax Viking Gmbh
- Kion Group AG
- Emerson Electric Co.
- Kawasaki Heavy Industries Ltd
- Illinois Tool Works Inc.
- Festo Se & Co. Kg
- Industria Macchine Automatiche S.p.A.
- Api Group Corporation
- Harbor Freight Tools Usa, Inc.
- Barry-Wehmiller Group, Inc.
- Apex Tool Group, Llc
- Syntegon Technology Gmbh
- Victaulic Company
- Danfoss A
- Atlas Copco Ab
- Imi Plc
- Nordson Corporation
- Coesia Finance S.P.A.
- Sidel Group
- Metso Corp
- Staubli International AG
- Krones Ag
- The Reliable Automatic Sprinkler Co. Inc.
- Prince Manufacturing Corporation
- Curtiss-Wright Corporation
- Duravant Llc
- The IMA Group
- Applied Industrial Technologies Inc.
- KHS GmbH
- Douglas Machine Inc.
- Linde Hydraulics Limited
- Enerpac Tool Group Corp.
- Multi-Tech Systems International Inc.
- Dynabrade Inc.
- Altec Inc.
- Polypack, Inc.
- Holmatro N.V.
- Kemppi Group Oy
- Lantech.com LLC
- MGS Machine Corporation
- Fanuc Corporation
- ORR Corporation Inc.
- OMRON Corporation
- Permco Inc.
- Uline, Inc.
- Engage Technologies Corporation
- Accutek Packaging Equipment Co. Inc.
- PAC Machinery
- Mitsubishi Electric Corp
- Premier Tech Ltd.
- Cembre S.p.A.
- Tronics America Inc.
- Columbia Machine, Inc.
- Universal Labeling Systems Inc.
- Daiichi Jitsugyo Co. Ltd.
- American Exchanger Services Inc.
- IBT Inc.
- Sts Operating, Inc.
- Conflex Incorporated
- AutoMate Technologies LLC
- Weber Packaging Solutions Inc.
- B & H Manufacturing Company Inc.
- Bearing Distributors Inc.
- Seiko Epson Corp
- Ligon Industries LLC
Methodology
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