Asia Pacific Blood Glucose Test Strip Packaging Market Research Repor Mechanical Hand Tools Market | Page 2
level market of North America, and is projected to contribute significantly towards the revenue creation
of the players of the mechanical hand tools market.
Asia Pacific is likely to witness impressive growth in the upcoming years. It has been estimated to mark a
CAGR of 4% over the assessment period. Rapid industrialization and urbanization are expected to fuel
demand for mechanical hand tools in the region. Additionally, the rising count of infrastructural projects
and manufacturing units are likely to boost the growth of the mechanical hand tools market.
Europe is the third-largest regional market for mechanical hand tools in terms of market valuation. The
burgeoning industrial sector of the region is projected to have a positive influence on the proliferation of
the mechanical hand tools market. Meanwhile, the Rest of the World accounts for the least share of the
global market. The region is expected to exhibit sluggish growth owing to the demand from construction
industry of the Middle Eastern country-level markets.
Industry News:
In May 2018, Hitachi Power Tools, manufacturer of durable hand tools, has announced the addition of
two new heavy-duty 185mm circular saws to its power tool line.
In October 2018, APEX® Tools, market leader in fastening tools, has brought a new line of Industrial
Fastening Tools that offers longer life and increased durability.
Complete Report Details @ https://www.marketresearchfuture.com/reports/mechanical-hand-tools-
market-3602
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