European Hand Tools Market Trends, Size, Competitive Analysis and Forecast - 2020-2026

1. Orion Market Research European Hand Tools Market Trends, Size, Competitive Analysis and Forecast - 2020-2026 Request a free sample of our report on European Hand Tools Market: https://www.omrglobal.com/request-sample/european-hand-tools-market ------------------------------------------------------------------------------------------------------------------- Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404

2. The European hand tools market is anticipated to at a CAGR of 2.1% during the forecast period. Europe is one of the largest and wealthiest economies and is home to the most developed countries such as the UK, France, Italy, and Spain. The EU accounts for around 76% of the total GDP in Europe. The market also has several world-class manufacturing industries such as automobiles and construction. Since the introduction of the industrial revolution, Europe has grown rapidly in terms of standards of living, per capita income, productivity standards, and adoption of innovation and technology. The rising economic development in the region has also led to rapid urbanization in countries with people opting for more individual and smart homes to improve their lifestyles. Furthermore, the growth of the industrial sector has led to rising demand for hand tools. Request a free sample of our report on European Hand Tools Market: https://www.omrglobal.com/request-sample/european-hand-tools-market Further, the European aerospace sector is one of the highly developed industries that manufacture high-class jets, helicopters, aero engines, civil aircraft, and unmanned aerial vehicles, which use precision hand tools. Similar growth trends can be also seen in the consumer electronics industry in Europe, which is expected to grow at a high rate during the forecast period, which can further drive the growth for fastening tools. However, the COVID-19 pandemic has disrupted nearly all the major end-user industries in Europe, resulting in decreased demand for hand tools. Under the lockdown norms, the commercial and industrial activities came to a halt, which had a negative impact on the sales of hand tools in Europe. A https://www.omrglobal.com/industry-reports/european-hand-tools-market full report of European Hand Tools Market is available at: European Hand Tools Market Segmentation By Tool Type General Purpose Tools oHammers oClamps and Vises oPliers oRatchets and Sockets oRiveters oScrewdrivers and Nut Drivers

3. oWrecking Bars oWrenches Cutting Tools oChisel and Files oCable and Wire Cutting Tools oKnives and Blades oSaws Layout and Measuring Tools oPlumb Bob oTry Square Taps and Dies By End-user Commercial Industrial Residential Regional Analysis UK Germany France Italy Spain Rest of European

4. Company Profiles Beta Utensili S.P.A. Corporacion Patricio Echeverria, S.A. HAZET-WERK- Hermann Zerver GmbH & Co. KG Hultafors Group Industrial Technical Tools SpA IREGA S.A. KNIPEX NWS GermanyProduktion W. Nöthen e. K. PB Swiss Tools AG PILANA A.S. For https://www.omrglobal.com/report-customization/european-hand-tools-market more customized data, request for report customization @ About us: Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research- based services. For More Information, Visit https://www.omrglobal.com/ Media Contact: Company Name: Orion Market Research Contact Person: Mr. Anurag Tiwari Email: info@omrglobal.com Contact no: +91 780-304-0404