Hardware Tools Parts

Hardware tools and parts include hand tools, power tools, machine tools, automotive hand tools, garden tools, woodworking tools, cutting tools, pneumatic tools, electric tools, construction tools, air power tools etc...that are used in industries, construction applications and around the house for various uses, such as cutting, shaping, drilling, grinding, sanding, polishing, among others. Specifically designed using quality materials and superior design, hardware tools help the users to execute different tasks more efficiently.

Tools Hardware can be stationary or portable, wherein portable tools are usually hand held devices. Stationary tools are generally preferred for their superior speed, accuracy and precision. These tools can be battery or engine powered or can be operated manually.


Types of Hardware Tools
Hardware tools and parts can be broadly categorized into two types -

Hand Tools

Power Tools

Though the primary process of manufacturing of hand tool has more or less remained same over the years, there have been significant improvements in design and technology used. This can be seen in an extensive range of hardware tools available in the market that are easy to use, light in weight and high in performance.

Important markets for hand tools include industrial distributors, automotive distributors, and consumers. The major category of hand tools and parts comprises of mechanics hand service tools, most of which are marketed by automotive jobbers or distributors.

General Industry Overview
The world hardware tools and parts industry is forecast to grow at a CAGR of over 4.5% to cross AED 73 billion in sales by 2010. This can be attributed to sustained & sound growth opportunities in the Middle East & the Asia Pacific region. Irrespective of being a low profile sector, the industry is among the most attractive and one of the few in the world, which has not been affected by economic slow down. Growth potential is immense in hardware tools and parts industry and is considered to be among the most steadily profitable sector across the world.

International Market Trend
As per the global market trend, developed countries transfer the low & middle end products to third countries. These nations accelerate to transfer the low & middle end products to third countries with the rapid development of the manufacturing technique & high labor cost. They only manufacture high value-added products.

The DIY products have become the hot favorites in recent years. In European nations, the construction hardware products design is mainly on easy installation and maintenance which has ultimately made the DIY products & tool quite popular. It is expected that in the next few years, domestic construction hardware products will also be more intelligent & personalized.

Applications of hardware tools
Hardware Tools are used in a multitude of industrial applications, including -