Monday, March 25, 2013

Professional demand, which accounted for 70 percent of global power tool sales

China has become the dominant producer of power tools. China has become increasingly important over the last decade, as both a key supplier and user of power tools. Between 2001 and 2011 production in the country more than doubled, while demand during this same period quadrupled. Major export markets for Chinese made power tools include its regional neighbors, the US, and Western Europe. In recent years, other developing countries have also risen as notable suppliers and users of power tools, although none of these countries have experienced the same degree of growth as China. India will increase at the fastest rate of any country, expanding more than 10 percent per year through 2016.
Industrialized countries to remain largest markets
Power tool demand will continue to be heaviest among industrialized countries. The intensity of power tool use in these countries is a byproduct of their sizable professional markets, as well as a large consumer base. However, power tool saturation is much higher in these nations and, going forward, demand gains will trail growth in developing countries.Professional demand, which accounted for 70 percent of global power tool sales in 2011, will outpace consumer demand through 2016. Within the professional market there are numerous specific applications where power tools find use; however, the three primary outlets are in the automotive (including automotive aftermarket), construction, and manufacturing industries. Consumer users of power tools include do-it-yourselfers (DIYers), hobbyists, and homeowners. Demand for power tools in the consumer market tends to be less dependent on government trends. Instead, cultural preferences and personal income levels are a more significant indicator of consumer power tool demand.
To Know More:
World Power Tools

Friday, March 22, 2013

The World Market for Metal Sawing or Cutting-Off Machines

With the globalization of this market, managers can no longer be contented with a local view. Nor can managers be contented with out-of-date statistics that appear several years after the fact. I have developed a methodology, based on macroeconomic and trade models, to estimate the market for metal sawing or cutting-off machines for those countries serving the world market via exports or supplying from various countries via imports. I do so for the current year based on a variety of key historical indicators and econometric models. On the demand side, exporters and strategic planners approaching the world market face a number of questions. Which countries are supplying metal sawing or cutting-off machines? What is the dollar value of these imports? How much do the imports of metal sawing or cutting-off machines vary from one country to another? Do exporters serving the world market have similar market shares across the importing countries? Which countries supply the most exports of metal sawing or cutting-off machines? Which countries are buying their exports? What is the value of these exports and which countries are the largest buyers?
To Know More: The World Market for Metal Sawing or Cutting-Off Machines

Monday, March 18, 2013

Global Smart Glass market to grow at a CAGR of 21.31 percent

TechNavio's analysts forecast the Global Smart Glass market to grow at a CAGR of 21.31 percent over the period 2012-2016. One of the key factors contributing to this market growth is the increasing demand from the Automotive industry. The Global Smart Glass market has also been witnessing an increasing number of new entrants. However, the high cost of smart glass could pose a challenge to the growth of this market.Global Smart Glass Market 2012-2016, has been prepared based on an in-depth market analysis with inputs from industry experts.

To Know More: Global Smart Glass market to grow at a CAGR of 21.31 percent

Friday, March 15, 2013

US construction industry valued US$1 trillion in 2012, and recorded a CAGR of -5.32% during the review period.

 This was largely a result of the country's economic downturn, as well as the global financial crisis and subsequent austerity measures implemented by the government. Negative growth was experienced by all construction categories except infrastructure construction. Residential construction was the largest market, accounting for 30.6% of the value of the total US construction industry. It recorded a CAGR of -7.42% during the review period to value US$310.1 billion in 2012. Unfavourable economic conditions created by the government's austerity measures are making it difficult for US households to repay housing debt. Prospective buyers, especially those looking to get onto the property ladder, are also finding it difficult to secure mortgages without being asked to pay huge deposits.


To Know More: US construction industry valued US$1 trillion in 2012, and recorded a CAGR of -5.32% during the review period.

Sunday, March 3, 2013

Japan is estimated to cost around US$ 180 Billion. A projected 10% of this reconstruction cost will be for steel. Reconstruction is expected to consume 30 Million Metric Tons of steel in the next two years

Japan has positioned itself as a strategic player globally as the second largest steel producer. Being an essential requirement for all infrastructural construction, the steel industry is closely linked with the development of the Japanese economy. The continuous surge of steel consumption in the automobile, energy, construction, and consumer goods sectors has significantly improved growth prospects of Japanese steel industry. However, the industry is facing some serious threats from the negative impact of the global economic crisis and increasing competition from its foreign counterparts. At the steel trade front, evidence indicates expansion of both exports and imports in the country. Exports witnessed rapid growth due to the increasing steel consumption in major importing nations from Asian region, and the Middle Eastern region. Similarly, imports also surged on the back of economic recovery and witnessed almost parallel trend. Moreover, the rebuilding of infrastructure in the earthquake and tsunami stuck region of Japan is estimated to cost around US$ 180 Billion. A projected 10% of this reconstruction cost will be for steel. Reconstruction is expected to consume 30 Million Metric Tons of steel in the next two years.

Saturday, March 2, 2013

US growth in green building materials demand 11 percent annually to $86.6 billion

US demand to post double-digit gains through 2017
Through 2017, a rebound in construction activity, combined with continuing consumer interest in environmentally friendly products, will propel US growth in green building materials demand 11 percent annually to $86.6 billion. US construction activity declined sharply during much of the 2007-2012 period, but demand for green building materials held its own, boosted by consumer interest in products that could reduce utility bills or promote environmentally friendly construction practices. For instance, homeowners installed ENERGY STAR certified windows and heating, ventilation, and air conditioning (HVAC) systems to lower energy costs and reduce energy consumption. Gains in residential construction will promote demand for such products as carpeting, gypsum board, concrete, and metal building products.