Cutlery and handtool manufacturers
have started to use lightweight, durable materials such as aluminum, magnesium,
titanium and chrome vanadium rather than steel to produce multi-dimensional
handtools. The use of multi-dimensional tools eliminates hand motions and
switching tools when going through a repair or installation process.
Electricians and households are paying a premium amount for stronger, lighter
and multi-dimensional tools made out of these materials.
THE BUSINESS
RESEARCH COMPANY VALUED THE CUTLERY AND HAND TOOL
MANUFACTURING MARKET AT $10 BILLION IN 2017
Asia Pacific was the largest geographic
region in the market, accounting for more than half of the global market.
Read
report: https://www.thebusinessresearchcompany.com/report/cutlery-and-hand-tool-manufacturing-global-market-report-2018
According to The Business Research Company’s
Consultant, Nitin Gianchandani, cutting edge technology is the leading
trend in the hand tool manufacturing. The technology is built on three core
components: unique hand cutter joint design, razor flush edges and exceptional
manufacturing techniques. Saw blades and cutting knives are made or dipped with
titanium which increases the durability of the tools. It remains one of the
business’s leading competitive advantages.
Snap-on Incorporated was the
largest player in the global cutlery and hand tool manufacturing market in 2017,
with revenues of $3.4 billion in 2016. Snap-on Incorporated’s growth strategy
aims at enhancing the contract network, spreading to critical businesses,
building in developing market and expanding.
The cutlery and hand tool
manufacturing market includes establishments engaged in manufacturing metal
kitchen cookware utensils, nonprecious and precious plated metal cutlery,
flatware, saw blades, and nonpowered hand and edge tools.
Cutlery And Hand Tool
Manufacturing Global Market Report 2018 is a detailed
report giving a unique insight into this market. The report is priced at $4000
for an individual user. To use across your office, the price is $6000 and $8000
if you wish to use across a multinational company.
About The Business Research Company
Visit TheBusinessResearchCompany.com,
mail info@tbrc.info or call +447443439350 or +918897263534
or +919160996838 for more information on this and many other titles.
The
Business Research Company is a market research and intelligence company, which
excels in company, market and consumer research.
It has
research professionals at its offices in the UK, India and the US as well a
network of trained researchers globally. It has specialist consultants in a
wide range of industries including manufacturing, healthcare, chemicals and
technology.
The
Business Research Company's management has more than 20 years of varied
business research
experience. They have delivered hundreds of research projects
to the senior management of some of the world's largest organizations.
Contact Information.
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
No comments:
Post a Comment