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This Key Note Market Report covers the power tools industry in the UK. It estimates that the market was worth £218m in 2011, after rising by 2.3% on the previous year. It is the second year in a row that the industry has experienced value growth, after a decade of decline. However, the accessories category continues to shrink, having fallen by 3.3% to £29m over the course of the year, while the power tools segment rose by 3.3% to £189m over the same period. The report breaks down the power tools industry into different categories. Drills make up the largest share, representing 39.8% of the total market, followed by saws, which make up 17% of the market. The other tools segment is the fastest growing sector because it is the heading under which multi-functional tools fall into. Cordless power tools are, also, increasingly important in the industry, and are popular due their versatility, which increases consumers' ability to manoeuvre around. Cordless tools are primarily powered by batteries. The power tools industry has traditionally reflected the movements of the housing market in the UK. However, the growing popularity of do-it-yourself home improvements (DIY) has been favourable to the industry, independent of the property downturn. DIY is one of the trends that has emerged with the economic crisis in the UK. Consumers are finding ways to keep busy, while simultaneously saving money, and many are opting to re-decorate and re-model their homes themselves. This has had a positive impact on the industry, as power tools are required to implement the projects. However, the trend has resulted in the polarisation of the market. Certain consumers, who will use their tools once or sparingly, prefer to opt for own brands and imported value power tools. Others choose to buy brands, which guarantees a certain degree of quality and durability, including Black & Decker and Bosch. Key Note expects the revival of the power tools industry to fizzle out in the UK b

Details WhaTech Channel: Consumer Market Research Reports Published on Wednesday, 23 September 2015 23:42 Submitted by Vivian Dsena WhaTech Agency News from: Wise Guy Reports - Market Research Page views: Not Yet Available Water purification is the process of removing unwanted chemicals, biological contaminants, and suspended solids and gases from contaminated water.

US demand to rise 4.6% annually through 2016 Demand for commercial refrigeration equipment in the US is forecast to increase 4.6 percent per year to $9.4 billion in 2016. Growth will result from improvements in capital investment and nonresidential construction expenditures. In addition, a positive outlook for the broader US economy will encourage end users such as fleet operators and retailers to both expand existing operations and replace aging equipment. Food industry efforts to reduce operating costs, a byproduct of narrow profit margins, will create opportunities for suppliers of energy efficient equipment. Transportation refrigeration to remain largest segment Transportation refrigeration equipment will remain the largest commercial refrigeration equipment type, benefiting from the positive outlook for capital investment. In addition, product innovations such as hybrid electric systems and products that utilize natural refrigerants like carbon dioxide will stimulate sales. Ice machines will also record above average growth due to increased construction of hotels and motels, which are major end users of this equipment. Additionally, ice machines will benefit from the rising number of foodservice establishments and from technical innovations like remote monitoring. New equipment sales to outpace aftermarket Gains in all markets will benefit from users' desire to increase efficiency due to the narrow profit margins throughout the food industry. Aftermarket sales of commercial refrigeration equipment -- repairs and replacements -- accounted for 73 percent of demand in 2011 and will continue to comprise the majority of demand. Gains, however, will lag those of new equipment due to expansion efforts by food industry participants. Food, beverage distribution to be fastest growing market Food and beverage distribution in the US is expected to post the most rapid growth of any commercial refrigeration equipment market through 2016, increasing at a yearly rate of