Latest news with #StanleyBlackAndDecker
Yahoo
07-07-2025
- Business
- Yahoo
United States Power Tool Accessories Market Outlook Report 2025-2030: A $5 Billion Market by 2030, Growing at a 1.17% CAGR
The U.S. Power Tool Accessories Market, valued at USD 3.30 Billion in 2024, is projected to grow to USD 5 Billion by 2030, with a CAGR of 7.17%. This growth is driven by robust construction and infrastructure projects, particularly in the Western and Southern U.S. regions. Key projects like California High-Speed Rail and Bellevue's Spring District are spurring demand for power tools and accessories. The Midwest and South are emerging manufacturing hubs, benefiting from domestic production shifts and Industry 4.0 investments. Top market players include Stanley Black & Decker, Bosch, and Makita, leveraging strategic partnerships and innovative product lines. U.S. Power Tool Accessories Market Dublin, July 07, 2025 (GLOBE NEWSWIRE) -- The "U.S. Power Tool Accessories Market Research Report 2025-2030" report has been added to U.S. Power Tool Accessories Market was valued at USD 3.30 Billion in 2024, and is projected to reach USD 5 Billion by 2030, rising at a CAGR of 7.17%. KEY DRIVERS OF THE 2025 MARKET SURGE The western region of the U.S. experienced strong economic growth, leading to increased construction activity and a corresponding rise in demand for power tools and accessories. The region's demand for new homes and home remodeling stimulated growth in the power tool accessories market. California High-Speed Rail (CHSR) Overview: An ambitious USD 135 billion project aiming to connect major cities like Los Angeles and San Francisco with trains traveling up to 220 mph. The scale and complexity of this project have led to increased demand for power tools and accessories, particularly in the initial operating segments under construction. WB1200 (Seattle, Washington): Scheduled for completion in 2025, WB1200 is a twin skyscraper complex in Seattle's Denny Triangle neighborhood. The project includes 1,014 apartments and retail space, reflecting the city's ongoing urban development and the associated rise in construction activities. Spring District (Bellevue, Washington): The Spring District is a USD 2.3 billion mixed-use development in Bellevue, Washington. Set to be completed by 2028, the project encompasses residential, office, and retail spaces, significantly contributing to the region's construction landscape. The Foothill Gold Line project is extending the A-Line light rail through Los Angeles County. With Phase 2B1 expected to open in 2025, the project is enhancing regional connectivity and stimulating construction-related activities. The surge in the U.S. power tool accessories market in 2024 and the projected growth in 2025 can be attributed to a combination of large-scale infrastructure projects, particularly in the western region, and regulatory changes facilitating faster project approvals. These factors collectively contribute to increased construction activities, thereby driving the demand for power tools and accessories. MARKET TRENDS & DRIVERS Surging Prominence of United States ManufacturingThrough decades of technological leadership, access to critical resources, and early industrial maturity, the U.S. built a substantial advantage in precision manufacturing and industrial tooling. However, changing global economic dynamics, competitive manufacturing environments in Asia, and evolving domestic market demands have begun reshaping the U.S. power tool accessories market landscape. In response to tariff volatility on imports from China and Southeast Asia, especially during the U.S.-China trade war; several U.S.-based power tool accessory manufacturers have begun relocating production back to the United States or nearby countries in North and Southern U.S. states have emerged as preferred destinations due to available industrial infrastructure, government incentives, and proximity to core construction and automotive markets. Production relocation to Mexico and Canada is also gaining traction to mitigate tariff exposure and logistics bottlenecks while preserving North American supply chain integrity. Moreover, US firms are increasingly investing in Industry 4.0 technologies, including IoT-enabled machine tools, additive manufacturing, and AI-driven predictive maintenance systems, to enhance operational efficiency and precision in accessory South (Texas, Florida), Midwest (Ohio, Illinois), and West (California) continue to lead the demand for power tool accessories due to large-scale residential and commercial construction activity fueled by population growth, real estate development, and federal infrastructure investments. The Infrastructure Investment and Jobs Act (IIJA) has provided a significant boost to accessory demand, especially for industrial and commercial-grade power tool accessories needed in public works and energy in Initiatives in Manufacturer-led ProgramsLeading manufacturers like Bosch, Makita, and DeWalt are expanding professional training and certification programs in key states such as California, Texas, and Florida, where demand for skilled tradespeople and DIYers is strong. Programs like Bosch's Power Tools Academy focus on educating users about proper accessory use, safety, and efficiency, boosting user skills, brand loyalty, and accessory including Illinois, Ohio, and New York are seeing increased adoption of digital platforms by manufacturers like Stanley Black & Decker and Bosch. Heavy investment in e-commerce portals and online marketing improves accessibility to power tool accessories, with smart tools, tutorials, and promotions driving consumer engagement and sales, especially in densely populated areas. Moreover, in southern states like Georgia, North Carolina, and Alabama, manufacturers are introducing financial initiatives such as leasing, zero-percent financing, and trade-in programs to help contractors and dealers access premium accessories with less upfront cost. Companies like Husqvarna and Hilti support dealers with equipment loans, enabling contractors to upgrade regularly and boosting sales through ongoing accessory centers in states like California, New York, and Illinois have embraced manufacturer-led referral and loyalty programs to expand their customer base for power tool accessories. Brands such as Husqvarna have launched loyalty clubs that reward customers for referring friends and making repeat purchases, building a strong community of trusted users. These programs leverage word-of-mouth marketing and social proof to attract new customers while retaining existing ones. Coupled with heavy discount offers and promotional events, these incentives play a crucial role in urban areas where competition is high, and customer engagement through personalized rewards fosters brand loyalty and increases accessory sales.U.S. POWER TOOL ACCESSORIES MARKET COMPETITIVE LANDSCAPEThe U.S. power tool accessories market exhibits a moderately consolidated structure, with intensifying competition among global tool manufacturers, specialized accessory producers, and value-focused private-label brands. Market growth is being driven by expanding DIY culture, increasing residential remodeling activities, and heightened demand for high-performance, precision accessories across both professional contractors and consumer segments. Furthermore, leading brands including Stanley Black & Decker, Robert Bosch, Milwaukee Tool, and Makita U.S.A. continue to strengthen their positions in the U.S. power tool accessories market through product line expansions, battery platform integrations, and smart-enabled accessory innovations. These companies are actively leveraging multi-brand strategies, exclusive retail partnerships, and omnichannel distribution networks to widen their consumer the relatively low product differentiation in certain accessory categories - such as drill bits, saw blades, and sanding pads - has intensified pricing pressures and led to commoditization risks. Additionally, the growing influx of imported, lower-cost accessories from Asian manufacturers is contributing to price erosion and quality perception challenges in the mid-tier segment. Also, the commoditization risk is particularly pronounced in accessory types with minimal differentiation or brand loyalty, which has forced premium players such as Milwaukee, Bosch, and DeWalt to consistently innovate with features like impact-rated accessories, carbide-tipped blades, and precision-ground bits to justify premium pricing and preserve their professional customer brands in the U.S. power tool accessories market are increasingly integrating their accessory products within broader battery platforms and smart-enabled tool systems. For instance, DeWalt's ToughSystem 2.0 and Milwaukee's PACKOUT modular storage systems now feature custom insert trays and accessory bundles, enhancing convenience and cross-selling opportunities at both retail outlets and online stores. Furthermore, retail dynamics in the U.S. power tool accessories market are heavily influenced by exclusive retail partnerships and omnichannel sales strategies. Milwaukee Tool's exclusivity with Home Depot, Diablo's exclusivity with Home Depot, and Kobalt's exclusivity with Lowe's enable these brands to secure dedicated shelf space, promotional support, and consistent consumer exposure in targeted retail Company Profiles Stanley Black & Decker Robert Bosch Milwaukee Tool Makita U.S.A., Inc AIMCO Oregon Tool, Inc. Emerson Electric Co Ridgid SKIL Craftsman Snap-on Incorporated Other Prominent Company Profiles Diablo Tools Ryobi Dewalt Dremel Chicago Pneumatic Matco Tools Cornwell Quality Tools Senco Brands, Inc Paslode Chervon Holdings Limited FEIN Power Tools, Inc FERM Festool GmbH Dynabrade Inc Husqvarna Group Atlas Copco Ingersoll Rand Metabo Proxxon Worx Key Attributes: Report Attribute Details No. of Pages 139 Forecast Period 2024 - 2030 Estimated Market Value (USD) in 2024 $3.3 Billion Forecasted Market Value (USD) by 2030 $5 Billion Compound Annual Growth Rate 7.1% Regions Covered United States Key Topics Covered: 1. Scope & Coverage Market Definition Inclusions Exclusions Market Estimation Caveats Market Size & Forecast Periods Historic Period: 2021-2023 Base Year: 2024 Forecast Period: 2025-2030 Market Size (2021-2030) Revenue Market Segments Market Segmentation by Operations Type Market Segmentation by Accessory Types Market Segmentation by End-users Market Segmentation by Industrial End-users Market Segmentation by Distribution Channel 2. Opportunity Pockets3. Introduction Key Drivers of the 2024 Market Surge Key Technological Shifts in the U.S. Power Tool Accessories Market Impact of the Ongoing Tariff War 4. Market Opportunities & Trends Surging Prominence of United States Manufacturing. Integration of Industry 4.0 & Smart Precision Manufacturing in the U.S. Rising Adoption of Eco-Friendly and Recycled Materials in Accessory Manufacturing Growing Emphasis on Safety and Compliance. 5. Market Growth Enablers Surge in Construction Activities Driving Accessory Demand in Key States. Increasing Demand from the Woodworking Industry Rise in Initiatives in Manufacturer-Led Programs Favorable Government Policies and Incentives. 6. Market Restraints Fluctuations in Raw Material Pricing Consumer Privacy Concerns in the U.S. Power Tool Accessories Market High Competition & Price Sensitivity in the Market Diversified and Versatile End-user Requirements 7. Market Landscape Five Forces Analysis 8. Operations Type Covered: (Market Size & Forecast: 2021-2030) Cutting Drilling Fastening Routing and Planning Others 9. Accessory Types Covered: (Market Size & Forecast: 2021-2030) Drill Bits Circular Saw Blades Batteries Screwdriver Bits Reciprocating Saw Blades Jigsaw Blades Band Saw Blades Abrasive Wheels Router Bits Others 10. End-users Covered: (Market Size & Forecast: 2021-2030) Industrial Commercial Residential 11. Industrial End-users Covered: (Market Size & Forecast: 2021-2030) Energy Construction Aerospace Automotive Electronics Shipbuilding Others 12. Distribution Channel Covered: (Market Size & Forecast: 2021-2030) Offline Online 13. Geography (Market Size & Forecast: 2021-2030) 14. Competitive Landscape Competitive Overview Key Developments 15. Key Company Profiles 16. Other Prominent Company Profiles 17. Report Summary Key Takeaways Strategic Recommendations For more information about this report visit About is the world's leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends. Attachment U.S. Power Tool Accessories Market CONTACT: CONTACT: Laura Wood,Senior Press Manager press@ For E.S.T Office Hours Call 1-917-300-0470 For U.S./ CAN Toll Free Call 1-800-526-8630 For GMT Office Hours Call +353-1-416-8900Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Globe and Mail
02-07-2025
- Business
- Globe and Mail
Why Stanley Black & Decker Stock Trounced the Market on Tuesday
The latest executive hire by Stanley Black & Decker (NYSE: SWK) continued to be well received on Tuesday, a day after it was announced. This was bolstered by an analyst's price target rise, although that pundit left his rather lukewarm recommendation intact. Stanley Black & Decker's shares ended the day almost 4% higher in price, essentially obliterating the S&P 500 index with its 0.1% decline. Major C-suite changes coming In an endorsement of the ever-popular "promote from within" corporate policy, Stanley Black & Decker announced on Monday that current COO Christopher Nelson will become its CEO on October 1. Nelson, who also serves as the company's president of the tools and outdoor segment, replaces outgoing CEO Donald Allan. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now. Continue » The departing CEO, already on the company's board of directors, will become executive chair of the board on that date. In its announcement of the transition, Stanley Black & Decker felt compelled to mention that it continues to expect its second-quarter GAAP (generally accepted accounting principles) and non-GAAP (adjusted) earnings to come in above its previously released guidance. This is always music to investors' ears. A notable price target lift The day after, prior to market open, Stanley Black & Decker got something of a thumbs-up from an analyst at a top U.S. bank. Joseph O'Dea of Wells Fargo raised his price target on the stock at a double-digit rate, cranking it to $70 per share from his previous $60. That gave its latest moves something of an endorsement, even though O'Dea maintained his equal weight (neutral) recommendation on the stock. Stanley Black & Decker does have a brighter future than that, in my view, but much will depend on the ever-impactful U.S. housing market. If that market can perform well and thrive, we should see quite a positive effect on the company's business. Should you invest $1,000 in Stanley Black & Decker right now? Before you buy stock in Stanley Black & Decker, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Stanley Black & Decker wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $722,181!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $968,402!* Now, it's worth noting Stock Advisor 's total average return is1,069% — a market-crushing outperformance compared to177%for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of June 30, 2025
Yahoo
01-07-2025
- Business
- Yahoo
Why Stanley Black & Decker Stock Trounced the Market on Tuesday
Investors remained bullish about the storied tool company's latest hire and its forecast for second-quarter earnings. An analyst also weighed in with a positive take on the news. 10 stocks we like better than Stanley Black & Decker › The latest executive hire by Stanley Black & Decker (NYSE: SWK) continued to be well received on Tuesday, a day after it was announced. This was bolstered by an analyst's price target rise, although that pundit left his rather lukewarm recommendation intact. Stanley Black & Decker's shares ended the day almost 4% higher in price, essentially obliterating the S&P 500 index with its 0.1% decline. In an endorsement of the ever-popular "promote from within" corporate policy, Stanley Black & Decker announced on Monday that current COO Christopher Nelson will become its CEO on October 1. Nelson, who also serves as the company's president of the tools and outdoor segment, replaces outgoing CEO Donald Allan. The departing CEO, already on the company's board of directors, will become executive chair of the board on that date. In its announcement of the transition, Stanley Black & Decker felt compelled to mention that it continues to expect its second-quarter GAAP (generally accepted accounting principles) and non-GAAP (adjusted) earnings to come in above its previously released guidance. This is always music to investors' ears. The day after, prior to market open, Stanley Black & Decker got something of a thumbs-up from an analyst at a top U.S. bank. Joseph O'Dea of Wells Fargo raised his price target on the stock at a double-digit rate, cranking it to $70 per share from his previous $60. That gave its latest moves something of an endorsement, even though O'Dea maintained his equal weight (neutral) recommendation on the stock. Stanley Black & Decker does have a brighter future than that, in my view, but much will depend on the ever-impactful U.S. housing market. If that market can perform well and thrive, we should see quite a positive effect on the company's business. Before you buy stock in Stanley Black & Decker, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Stanley Black & Decker wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $722,181!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $968,402!* Now, it's worth noting Stock Advisor's total average return is 1,069% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Wells Fargo is an advertising partner of Motley Fool Money. Eric Volkman has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Stanley Black & Decker Stock Trounced the Market on Tuesday was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
30-06-2025
- Business
- Yahoo
Stanley Black & Decker Says COO to Take Over as CEO in October
Stanley Black & Decker on Monday said its COO Christopher Nelson will take over as CEO on Oct. 1. Current CEO Donald Allan will spend a year as executive board chair before retiring in October 2026. The tool maker said it expects second-quarter profits to come in higher than it previously Black & Decker (SWK) announced a CEO transition plan on Monday, with COO Christopher Nelson set to take over the top job as of Oct. 1. Current CEO Donald Allan will become executive chair of the tool maker's board at the same time, and is expected to retire a year later, the company said. "I am energized by the opportunity ahead and look forward to working together with the Board and our teams around the world to deliver on the amazing potential for our brands and innovation in the marketplace," Nelson said. "I am confident we have created a strong foundation with our transformation that positions the Company for sustainable long-term growth and value creation." The maker of its namesake tool brands along with others like Craftsman and DeWalt, also said Monday that it continues to expect second-quarter profits to come in higher than the company originally forecast. In its first-quarter earnings call on April 30, CFO Patrick Hallinan said the company expected positive adjusted pre-tax earnings, despite its projected "heavy tariff burden," according to a transcript from AlphaSense. The tool maker also said in the quarterly report that it had already raised prices, and was planning to do so again due to the impact of tariffs. Shares of Stanley Black & Decker were up about 1% in premarket trading. They entered the day down just over 15% since the start of the year. Read the original article on Investopedia Sign in to access your portfolio
Yahoo
24-06-2025
- Business
- Yahoo
How Is Stanley Black & Decker's Stock Performance Compared to Other Industrial Stocks?
With a market cap of $10.2 billion, Stanley Black & Decker, Inc. (SWK) is a global provider of tools, storage solutions, and engineered fastening systems. The company operates through two main segments: Tools & Outdoor, which offers hand and power tools, outdoor products, and related accessories for professionals and consumers; and Industrial, which delivers advanced fastening technologies and attachments for industrial markets. Companies valued at $10 billion or more are generally classified as 'large-cap' stocks, and Stanley Black & Decker fits this criterion perfectly. Its products are sold worldwide under renowned brands such as DEWALT, CRAFTSMAN, BLACK+DECKER, and HUSTLER, through a range of distribution channels including retailers, distributors, and direct sales. The Next Trillion-Dollar Boom? 3 Stocks to Buy with 300 Million Humanoid Robots on the Horizon. Meta's Mark Zuckerberg Says the Technology They're Developing Will 'See What You See and Hear What You Hear' Warren Buffett's Berkshire Hathaway Now Pays 5% of All Corporate Income Taxes in America Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. Shares of the New Britain, Connecticut-based company have decreased 40.8% from its 52-week high of $110.88. SWK stock has fallen 17.5% over the past three months, underperforming the Industrial Select Sector SPDR Fund's (XLI) 8.8% gain over the same time frame. In the longer term, SWK stock is down 18.2% on a YTD basis, lagging behind XLI's 9.2% increase. In addition, shares of the toolmaker have declined 22.2% over the past 52 weeks, compared to XLI's nearly 17% return over the same time frame. The stock has been trading below its 200-day moving average since November last year. Yet, it has risen above the 50-day moving average since early May. Despite reporting better-than-expected Q1 2025 adjusted EPS of $0.75 and revenue of $3.7 billion, SWK shares fell over 2% on Apr. 30. Investors reacted negatively to the 3% year-over-year revenue decline driven by currency headwinds and divestitures, as well as a sharp 21% drop in fastener sales due to automotive sector weakness. Adding to concerns, the company cut its 2025 adjusted EPS forecast to $4.50, citing margin pressures and rising costs linked to U.S. tariffs on metals and Chinese imports, which have prompted plans for further price hikes. Moreover, SWK stock has lagged behind its rival, Snap-on Incorporated (SNA). While Snap-on stock has declined 9.2% on a YTD basis, it has gained 15.6% over the past 52 weeks. Despite the stock's underperformance, analysts remain moderately optimistic about its prospects. The stock has a consensus rating of 'Moderate Buy' from 16 analysts' coverage, and as of writing, SWK is trading below the mean price target of $81.15. On the date of publication, Sohini Mondal did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
