BROWSE THROUGH OUR TRADE FAIRS FOR TOOLS INDUSTRY
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The global tools industry is a central, time-honoured and leading international segment. This is due to the diverse applications of the wares produced by the sector. These include hand and power tools. It enables users to perform various tasks. Examples include shaping, fastening, cutting, and gripping diverse materials. Among them are metals, plastic, glass, wood, et cetera. It results in diverse industries using tools for various purposes. Examples include electronics, electrical appliances, metalworking, semiconductors, glass, plastics, and ceramics. They also feature printing, woodworking, construction, healthcare, and manufacturing. They similarly include automotive, gardening, agriculture, oil, gas, shipbuilding, and aerospace. This results in a high-value and extensive global segment. For example, the global tools industry has recently produced up to 91 800 000 000 USD. Also, it will continue its development in the upcoming years at a CAGR of 5.2%. More than 22 700 SMEs and extensive corporations produce such annual turnover rates. These employ over 1 715 000 specialists throughout the entire value chain. This includes a significant number of experts who aid in developing novel solutions. Such innovations are presented during trade expos. Examples include biannual and annual events in various countries. They attract tens of thousands of attendees from states such as China.