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