Electrical Hand Tools

Jan Hudak

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After expanding his international experience (in USA, Sweden and Slovakia) from studies and short traineeships & internships in insurance at Allianz and public sphere at Ministry of Economy, Jan joined Interconnection Consulting as the Market Analyst responsible for various industries. Among them are boats, parquets & flooring, finance, healthcare & pharma, FM and some of the special technical & construction industries. During his work at Interconnection, he was invited to present some of the findings and data at the conferences or EXPOS. In addition, he creates data solutions for B2B & B2C segment. Also, in Interconnection he is in charge of internship programme in Bratislava as mentor as well as providing assistance to other colleagues and recently he became a consultant for untypical projects and business development.

Contact me without obligation, I support you gladly!

Tel:+43 1 585 46 23 10

E-mail:hudak@interconnectionconsulting.com

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Batteries Powering the Tool Market

The market for electric hand tools in Germany and France is developing at a moderate pace. Cumulative sales for both countries is expected to increase 1.6% in 2018. A decline in growth is not anticipated, however. According to a new study by Interconnection Consulting, sales are forecast to increase 1.2% on average through 2021.

 

Batteries Outperforming Power Adaptors

There are essentially two reasons for the stable growth. First of all, demand for cordless equipment is growing due to the mobility benefits of such tools. And second of all, as the supply of tools running on lithium batteries continues to grow, leading to an overall increase in battery life, consumers are willing to pay a bit more for the added convenience, explains Jan Hudak, author of the study. This trend will highly favor the demand for battery-operated tools over products charged by power adapters. The current ratio of battery to power adapter is 52 to 48. By 2021, this ratio is expected to be 62 to 38.

 

Drills Dominant

The combined market volume in Germany and France for 2018 is roughly EUR 922.8 million, corresponding to a growth of 2.3%. Drills and impact drills are the leading product group in both countries, with a market share of 16.0%, though this trend has been declining. Rotary hammers are the second-leading product class, with a share of 14.7%, followed by angle grinders at 13.7%. Angle grinders are also the product group that is growing at above-average pace and is expected to nearly draw even in market shares with rotary hammers by 2021.

 

Innovative Market

The global competition is bearing down on German and French producers, even though the Germans are still able to live up to their reputation as producers of high-quality products. The US company Metabo Corp. is currently developing tools that produce their own energy by means of propane generators. Milwaukee Tool has recently upgraded 30 products to meet the latest technological standards and has developed brand-new tools with improved and intelligent batteries. The leading suppliers in the German/French market are Collomix, Hitachi, Bosch, Metabo, Panasonic, Skil, Hilti, Würth, and Einhell.

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Deutscher Holzfertigbau Verband

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ELK

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