According to statistics compiled by the THTMA (Taiwan Hand Tool
Manufacturers' Association), Taiwan's five hand tool
categories exported to China on priority tariff cuts totaled US$12.988 million in the first half, up significantly from US$9.188 million a year ago when the ECFA did not exist.
- Non-Power-Driven Hand Tool
Market in Czech Republic to 2019 - Market Size, Trends, and Forecasts
Mechanics for the steam age to manufacture as well as maintain locomotives and lake and ocean going steamers needed even more specialized hand tools
to produce the precision needed.
Discussions were also made with farm workers regarding the comforts and inconveniences they deal with their hand tools
. The injuries that occurred more than one time for a single person within a period of one year were also recorded.
The hand tool
business is booming in the local market, where Fedin notes that "last year there was triple digit growth even in this segment, and we have experienced very solid double digit growth this year - across all categories".
The Precision Hand Tool
was designed in response to this problem.
With the first-half economy in Taiwan generally rated as struggling amid a barely recovering local stock market and a tech sector, critical to Taiwan's economic vibrancy, that is trudging along but reportedly to peak in the fourth quarter, MIRDC analysts predict the hand tool
industry's outlook in the remaining months of 2012 is supposed to improve, partly due to Taiwan External Trade Development Council's (TAITRA), a semi-official trade promoter, efforts to help Taiwanese manufacturers to build footholds in India.
"The renewed growth in the Middle East's construction industry is expected to drive demand for hand tools
and accessories," Pauwels added.
Technology (HTT) refers to the use of tools and simple implements powered by human muscles.
Without the proper hand tool
, you'll have to rush back to the hangar looking for something to Close a stuck valve.
US demand for power and hand tools
is forecast to increase nearly 5 percent annually (including price increases) to $15.4 billion in 2007.
To help determine what they may be, it is useful to look at studies of hand tool