Competitive advantage of adopting power tools has lowered the adoption of hand tools. Multiple industrial operations are being equipped with power tools to benefit from their cost-effectiveness, lesser labour-induced work and higher efficiency. Furthermore, advancements in existing power tools are swiftly outpacing the upgrades done on conventional hand tools. In the long run, there is a possibility that hand tools might lose their applicability to power tools. Future Market Insights ... Read more

Hand Tool Market Size and Growth Rate:

As per the latest reports published by Research Cosmos, Hand Tool Market was valued at USD 9010 million in 2015 and projected to reach USD 13 million by 2023 growing at a CAGR of 3.7% during the forecast period 2015 to 2023.

Browse details of 186 number of pages research report developed on Hand Tool Market @ ... Read more