Us Tongue-and-groove Pliers Market Size By Applications, By Type, By End-User, By Deployment & By Technology 2032
Tongue-and-groove Pliers Market was valued at USD 1.20 Billion in 2022 and is projected to reach USD 1.85 Billion by 2030, growing at a CAGR of 6.5% from 2024 to 2030.
The U.S. tongue-and-groove pliers market has experienced significant growth, driven by demand across various industries. These versatile tools, essential for gripping and turning objects of varying shapes and sizes, have become indispensable in both professional and DIY settings.
Historically, tongue-and-groove pliers were developed as blacksmith tools, with the original design patented in 1899 by Vernon Graham Higgins. The modern design was popularized in 1934 by the Champion-DeArment Tool Company, now known as Channellock. Channellock remains a prominent player in the market, producing over 75 types and sizes of pliers, all manufactured in the U.S.
In my experience, the reliability and durability of Channellock's tongue-and-groove pliers are unparalleled. The distinctive sky-blue handle grips provide comfort during prolonged use, and the laser heat-treated teeth ensure a firm grip on materials. These features have made them a staple in my toolkit for various projects.
Online discussions reflect a strong preference for Channellock products. For instance, a Reddit user recommended, "buy some legit pliers dude, might need 2," highlighting the brand's reputation among professionals and enthusiasts. Another user emphasized the importance of quality tools, stating, "Get yourself a big pair of channel locks... they're worth it just for that."
The market's growth is also influenced by advancements in technology and infrastructure. As industries expand and modernize, the need for reliable hand tools, including tongue-and-groove pliers, increases. This trend is similar to the growth observed in the 100 Gigabit Fiber Optic Transceiver Market, where technological advancements drive demand for specialized tools and equipment.
In summary, the U.S. tongue-and-groove pliers market continues to thrive, supported by a combination of historical significance, brand reputation, and evolving industry needs. My personal experiences, coupled with widespread user testimonials, underscore the essential role these tools play across various applications.
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Stanley Black & Decker
Wiha Tools
Apex Tool Group
Prokit's Industries
Endura Tools
Phoenix Tools
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Tongue-and-groove Pliers Market
Steel
Carbon Steel
Stainless Steel
Aluminum
Small (
Medium (6-10 inches)
Large (>10 inches)
Multi-Function
Locking Mechanism
Ergonomic Handles
Insulated Handles
Automotive
Construction
Manufacturing
Electronics
Aerospace
Online Retail
Offline Retail
Direct Sales
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Tongue-and-groove Pliers Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Tongue-and-groove Pliers Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Tongue-and-groove Pliers Market, By Type
6. Global Tongue-and-groove Pliers Market, By Application
7. Global Tongue-and-groove Pliers Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Tongue-and-groove Pliers Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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