Trade News: Top 10 power tool brands in the world


Bosch Power TOOLS Co., Ltd. is a division of the Bosch Group, which is one of the world’s leading brands of power tools, power tool accessories and measuring tools. Sales of Bosch Power tools in more than 190 countries reached EUR 5.1 billion in more than 190 countries/regions in 2020. Bosch Power Tools sales grew by double digits in approximately 30 sales organizations. Sales in Europe rose 13 per cent. Germany’s growth rate was 23%. Bosch power tools sales grew 10% in North America and 31% in Latin America, with the only decline in the Asia-Pacific region. In 2020, despite the pandemic, Bosch Power Tools again successfully brought more than 100 new products to market. A special highlight was the expansion of the battery portfolio product line.

Black &Decker
Black & Decker is one of the most competitive, professional and reliable industrial and household hand tools, power tools, auto protection tools, pneumatic tools and storage equipment brands in the world tool industry. Duncan Black and Alonzo Decker opened their store in Baltimore, Maryland, in 1910, six years before they received a patent for the world’s first portable power tool. For over 100 years, Black & Decker has built an unparalleled portfolio of iconic brands and trusted products. In 2010, it merged with Stanley to form Stanley Black &Decker, a leading global diversified industrial company. It owns STANLEY, RACING, DEWALT, BLACK&DECKER, GMT, FACOM, PROTO, VIDMAR, BOSTITCH, LaBounty, DUBUIS and other first-line tool brands. Laid an unshakable leadership position in the field of world tools. Known for excellence in quality, continuous innovation and rigorous operational discipline, Stanley & Black & Decker had a global turnover of $14.535 billion in 2020.

Makita is one of the world’s large-scale manufacturers specializing in the production of professional power tools. Founded in 1915 in Tokyo, Japan, Makita has more than 17,000 employees. In 2020, its sales performance reached 4.519 billion U.S. dollars, among which the power tool business accounted for 59.4%, the garden home care business accounted for 22.8%, and the parts maintenance business accounted for 17.8%. The first domestic portable power tools were sold in 1958, and in 1959 Makita decided to quit the motor business to specialize in power tools, completing its transformation as a manufacturer. In 1970, Makita set up the first branch in the United States, Makita’s global operations began. Makita was sold in about 170 countries as of April 2020. Overseas production bases include China, the United States, the United Kingdom, and so on. Currently, the proportion of overseas production is about 90%. In 2005, Makita put into the market the world’s first professional power tools with lithium ion batteries. Since then, Makita is committed to the development, production and sales of charging products.

DEWALT is one of the flagship brands of Stanley Black & Decker and one of the best high-end professional power tools brands in the world. For nearly a century, DEWALT has been renowned in the design, process and manufacture of durable industrial machinery. In 1922, Raymond DeWalt invented the rocker saw, which has been the standard of quality and durability for decades. Durable, powerful, high accuracy, reliable performance, these characteristics constitute the logo of DEWALT. Yellow/black is the trademark logo of DEWALT power tools and accessories. With our long experience and state-of-the-art manufacturing technology, these features have been incorporated into our wide range of high performance “portable” power tools and accessories. Now DEWALT is one of the market leaders in the world’s power tools industry, with more than 300 types of power tools and more than 800 kinds of power tool accessories.

HILTI is one of the leading brands providing technology-leading products, systems, software and services to the global construction and energy industries. HILTI, which has around 30,000 team members from around the world, reported annual sales of CHF 5.3 billion in 2020, with sales down 9.6%. Although the decline in sales was most pronounced in the first five months of 2020, the situation began to improve in June, resulting in a 9.6% decline in CHF sales. Local currency sales fell 4.3 per cent. More than 5 per cent of the negative currency effect is the result of a sharp depreciation in growth market currencies and a weaker euro and dollar. Founded in 1941, HILTI Group is headquartered in Schaan, Liechtenstein. HILTI is privately owned by the Martin Hilti Family Trust, ensuring its long-term continuity.

Andre Steele Group, founded in 1926, is a pioneer and market leader in the landscape tools industry. Its Steele products enjoy a high reputation and reputation in the world. Steele S Group had sales of €4.58 billion in fiscal 2020. Compared with the previous year (2019:3.93 billion euros), this represents an increase of 16.5 percent. The share of foreign sales is 90%. Excluding currency effects, sales would have increased 20.8 percent. It employs about 18,000 people worldwide. The Steele Group’s sales network consists of 41 sales and marketing companies, approximately 120 importers and more than 54,000 independent authorized dealers in more than 160 countries/territories. Steele has been the world’s best-selling chain saw brand since 1971.

HiKOKI was Established in 1948, Koichi Industrial Machinery Holding Co., LTD., formerly Hitachi Industrial Machinery Co., LTD., is a professional designer and manufacturer of power tools, engine tools and life science instruments within the Hitachi Group, producing and selling more than 1,300 types of power tools and holding more than 2500 technical patents. Like OTHER Hitachi GROUP subsidiaries with certain scale and industry strength, such as Hitachi Construction Machinery, it was listed separately on the main board of Tokyo Securities in May 1949 (6581). Apart from Hitachi, Metabo, SANKYO, CARAT, TANAKA, Hitmin and other famous brands are also owned by Metabo, SANKYO, CARAT, TANAKA and Hitmin. Due to the financing acquisition of KKR, a famous fund company in the United States, Hitachi Industrial Machinery completed the privatization adjustment and delisted from Topix in 2017. In June 2018, it changed its name to Gaoyi Industrial Machinery Holding Co., LTD. In October 2018, the company will start to change the main product trademark to “HiKOKI” (meaning to strive to be the world’s first industrial machinery enterprise with high performance and high quality products).

Metabo was founded in 1924 and headquartered in Joettingen, Germany, Mecapo is one of the leading professional power tool manufacturers in Germany. Its market share of power tools is the second in Germany and the third in Europe. Woodworking machinery market share more male ranks the first in Europe. At present, the GROUP has 2 brands, 22 subsidiaries and 5 manufacturing sites worldwide. Maitapo POWER TOOLS ARE WELL KNOWN FOR THEIR HIGH QUALITY AND EXPORTED TO MORE than 100 COUNTRIES. Its global success stems from decades of excellence and relentless pursuit of high quality.

In 1867, Wilhelm Emil Fein founded a business making physical and electronic instruments; In 1895, his son Emil Fein invented the first handheld electric drill. This invention laid the foundation stone for highly reliable power tools. To this day, FEIN still makes power tools at its German manufacturing facility. The traditional company in Schwaben is respected in the industrial and artisanal world. FEIN Overtone has been the world’s leading manufacturer of power tools for more than 150 years. This is because FEIN overtone was very disciplined, only developed strong and durable power tools, and is still seriously engaged in product innovation today.

Husqvarna was founded in 1689, Fushihua is a global leader in the field of garden tools. In 1995, Fushihua pioneered the invention of the world’s first solar-powered robot lawn mower, which is completely powered by solar energy and is the ancestor of automatic lawn mowers. It was acquired by Electrolux in 1978 and became independent again in 2006. In 2007, Fortune’s acquisitions of Gardena, Zenoah and Klippo brought strong brands, complementary products and geographic expansion. In 2008, Fushihua expanded production in China by acquiring Jenn Feng and building a new factory for chain saws and other hand-held products. In 2020, the landscape business accounted for 85 per cent of the group’s sales of SEK 45 billion. Fortune Group products and solutions are sold to consumers and professionals in more than 100 countries through distributors and retailers.

Milwaukee is a manufacturer of professional lithium battery charging tools, durable power tools and accessories for professional users around the worldwide. Since its founding in 1924, the company has consistently innovated in durability and performance, from red lithium battery technology for the M12 and M18 systems to versatile durable accessories and innovative hand tools, the company has consistently delivered innovative solutions that increase productivity and improve durability. TTi acquired the Milwaukee brand from AtlasCopco in 2005, when it was 81 years old. In 2020, the global performance of the company reached 9.8 billion US dollars, among which the power tools segment accounted for 89.0% of the total sales, increasing 28.5% to 8.7 billion US dollars. The flagship Milwaukee-based professional business recorded a 25.8 percent growth in the continued launch of innovative products.

Post time: Sep-01-2022