Which Countries Consume the Most Electro-Mechanical Tools?

Power-Driven Hand Tools February 09, 2017
Author: Sergey Avramenko
Head of Global Markets Research Team

electro-mechanical tool market

Photo: © dolgachov / Bigstockphoto

From 2007 to 2015, global consumption on the electro-mechanical tool market grew annually by +2.8%. The highest annual rates of growth with regard to electro-mechanical tools (drills of all kinds, saws or other) consumption from 2007 to 2015, were recorded in China, with a +3.4% growth, and the U.S., with a +3.3% growth.

With nearly 6,077 million USD of electro-mechanical tools (drills of all kinds, saws or other) consumed in 2015, the U.S. became the world's leading electro-mechanical tools (drills of all kinds, saws or other) consuming country. Per capita electro-mechanical tools (drills of all kinds, saws or other) consumption in the U.S. was the highest and estimated at 18.9 USD/year, six times higher than the global average (3.0 USD/year).

A high level of electro-mechanical tools (drills of all kinds, saws or other) consumption was also registered in Japan (14.3 USD/year), France (14.0 USD/year), Germany (12.2 USD/year) and the U.K. (11.1 USD/year). China (3.3 USD/year) had the lowest levels of electro-mechanical tools (drills of all kinds, saws or other) consumption.

In the U.K., per capita electro-mechanical tools (drills of all kinds, saws or other) consumption remained relatively stable at 11.1 USD/year (2015 data, 10.4 USD/year in 2007). Population growth induced a slight increase in consumption, which reached 719 million USD of electro-mechanical tools (drills of all kinds, saws or other) in 2015, an increase of 13% against the previous period.

In China, electro-mechanical tools (drills of all kinds, saws or other) consumption has grown rapidly in recent years. In 2015, China's per capita consumption reached 3.3 USD/year (close to the world-average of 3.0 kg/year), against 2.6 USD/year in 2007.

Top 10 countries consuming the most electro-mechanical tools in 2015

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Source: World: Electro-Mechanical Tools (Drills Of All Kinds, Saws Or Other) - Market Report. Analysis and Forecast to 2025