Tools & Accessories
This industry produces the handheld and power-operated devices, along with their related consumables, used by professionals and homeowners for construction and repair.
Why it exists
This industry manufactures hand tools, power tools, and accessories used across construction, manufacturing, and household work.
Why it’s necessary
Tools increase human productivity and precision, enabling tasks that would otherwise require significantly more time, labor, or expertise.
Key components
Hand tools
Power tools & cordless systems
Accessories (bits, blades, attachments)
Professional & DIY distribution channels
How to evaluate businesses
Brand strength, product durability, battery ecosystem leadership, distribution scale, and exposure to professional contractors are key drivers. Replacement cycles and attachment rates fuel recurring revenue.
How the industry could be improved
More advanced battery systems, ergonomic design, IoT-connected tools, predictive maintenance for industrial users, and modular accessories could improve worker productivity and reduce tool downtime.