Entrenching Tool Market Key Players Analysis 2031
MARKET OVERVIEW
An entrenching tool, also known as a shovel or a trenching tool, is a portable hand-held tool used for digging, cutting, and removing soil and other materials in construction, landscaping, military, and camping applications. It is designed to be lightweight and compact, making it easy to carry and store. The entrenching tool market has been growing in recent years due to the surging demand for outdoor and camping equipment, as well as the growing construction and military industries. The market is accentuated by factors such as the accentuating popularity of outdoor activities, the increasing number of military operations, and the growth of infrastructure and construction projects.
MARKET DYNAMICS
The key market drivers for trenching tool market are, increase in utilization of various type of trenching tools such as, shovel, trenching hoe, bottom digger across the globe along with rising utilization of entrenching tools in defense sector as army require frequent camping. Moreover, the entrenching tools are also utilized for gardening which involves digging, cutting activities along with these tools are also used during camping, outdoor activities as well as during construction is likely to fuel market growth during the forecast period. Additionally, developments in manufacturing sector has led to growth in the entrenching tool market. However, presence of modern technologies and automation products are expected to restrain market growth of entrenching tool market
MARKET SCOPE
The "Global Entrenching Tool Market Analysis to 2031" is a specialized and in-depth study of the entrenching tool Market with a special focus on the global market trend analysis. The report aims to provide an overview of entrenching tool market with detailed market segmentation by product and application. The global entrenching tool market expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading entrenching tool market player and offers key trends and opportunities in the entrenching tool market.
MARKET SEGMENTATION
The global entrenching tool market is segmented based on product and application. Based on product, the market is segmented as, steel type, aluminum type and other light metals. Further, based on application the market is segmented as, military, and civilian.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global entrenching tool market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The entrenching tool market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting entrenching tool Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the entrenching tool market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global entrenching tool market based on various segments. It also provides market size and forecast estimates from year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The entrenching tool market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting entrenching tool Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the entrenching tool market in these regions.
MARKET PLAYERS
The reports cover key developments in the entrenching tool market organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from entrenching tool market are anticipated to lucrative growth opportunities in the future with the rising demand for entrenching tool market. Below mentioned is the list of few companies engaged in the entrenching tool market.
The report also includes the profiles of key entrenching tool market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- Schrade
- Gerber
- SOG Specialty Knives and Tools, LLC
- Cold Steel
- FiveJoy
- Columbia River Knife and Tool
- Decathlon
- Glock
- Tata Agrico
- Fiskars Oyj
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
TABLE OF CONTENTS
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Entrenching Tool Market - By Product
1.3.2 Entrenching Tool Market - By Application
1.3.3 Entrenching Tool Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ENTRENCHING TOOL MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. ENTRENCHING TOOL MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. ENTRENCHING TOOL MARKET - GLOBAL MARKET ANALYSIS
6.1. ENTRENCHING TOOL - GLOBAL MARKET OVERVIEW
6.2. ENTRENCHING TOOL - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ENTRENCHING TOOL MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT
7.1. OVERVIEW
7.2. PRODUCT MARKET FORECASTS AND ANALYSIS
7.3. STEEL TYPE
7.3.1. Overview
7.3.2. Steel Type Market Forecast and Analysis
7.4. ALUMINUM TYPE
7.4.1. Overview
7.4.2. Aluminum Type Market Forecast and Analysis
7.5. OTHER LIGHT METALS
7.5.1. Overview
7.5.2. Other Light Metals Market Forecast and Analysis
8. ENTRENCHING TOOL MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. MILITARY
8.3.1. Overview
8.3.2. Military Market Forecast and Analysis
8.4. CIVILIAN
8.4.1. Overview
8.4.2. Civilian Market Forecast and Analysis
9. ENTRENCHING TOOL MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Entrenching Tool Market Overview
9.1.2 North America Entrenching Tool Market Forecasts and Analysis
9.1.3 North America Entrenching Tool Market Forecasts and Analysis - By Product
9.1.4 North America Entrenching Tool Market Forecasts and Analysis - By Application
9.1.5 North America Entrenching Tool Market Forecasts and Analysis - By Countries
9.1.5.1 United States Entrenching Tool Market
9.1.5.1.1 United States Entrenching Tool Market by Product
9.1.5.1.2 United States Entrenching Tool Market by Application
9.1.5.2 Canada Entrenching Tool Market
9.1.5.2.1 Canada Entrenching Tool Market by Product
9.1.5.2.2 Canada Entrenching Tool Market by Application
9.1.5.3 Mexico Entrenching Tool Market
9.1.5.3.1 Mexico Entrenching Tool Market by Product
9.1.5.3.2 Mexico Entrenching Tool Market by Application
9.2. EUROPE
9.2.1 Europe Entrenching Tool Market Overview
9.2.2 Europe Entrenching Tool Market Forecasts and Analysis
9.2.3 Europe Entrenching Tool Market Forecasts and Analysis - By Product
9.2.4 Europe Entrenching Tool Market Forecasts and Analysis - By Application
9.2.5 Europe Entrenching Tool Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Entrenching Tool Market
9.2.5.1.1 Germany Entrenching Tool Market by Product
9.2.5.1.2 Germany Entrenching Tool Market by Application
9.2.5.2 France Entrenching Tool Market
9.2.5.2.1 France Entrenching Tool Market by Product
9.2.5.2.2 France Entrenching Tool Market by Application
9.2.5.3 Italy Entrenching Tool Market
9.2.5.3.1 Italy Entrenching Tool Market by Product
9.2.5.3.2 Italy Entrenching Tool Market by Application
9.2.5.4 United Kingdom Entrenching Tool Market
9.2.5.4.1 United Kingdom Entrenching Tool Market by Product
9.2.5.4.2 United Kingdom Entrenching Tool Market by Application
9.2.5.5 Russia Entrenching Tool Market
9.2.5.5.1 Russia Entrenching Tool Market by Product
9.2.5.5.2 Russia Entrenching Tool Market by Application
9.2.5.6 Rest of Europe Entrenching Tool Market
9.2.5.6.1 Rest of Europe Entrenching Tool Market by Product
9.2.5.6.2 Rest of Europe Entrenching Tool Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Entrenching Tool Market Overview
9.3.2 Asia-Pacific Entrenching Tool Market Forecasts and Analysis
9.3.3 Asia-Pacific Entrenching Tool Market Forecasts and Analysis - By Product
9.3.4 Asia-Pacific Entrenching Tool Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Entrenching Tool Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Entrenching Tool Market
9.3.5.1.1 Australia Entrenching Tool Market by Product
9.3.5.1.2 Australia Entrenching Tool Market by Application
9.3.5.2 China Entrenching Tool Market
9.3.5.2.1 China Entrenching Tool Market by Product
9.3.5.2.2 China Entrenching Tool Market by Application
9.3.5.3 India Entrenching Tool Market
9.3.5.3.1 India Entrenching Tool Market by Product
9.3.5.3.2 India Entrenching Tool Market by Application
9.3.5.4 Japan Entrenching Tool Market
9.3.5.4.1 Japan Entrenching Tool Market by Product
9.3.5.4.2 Japan Entrenching Tool Market by Application
9.3.5.5 South Korea Entrenching Tool Market
9.3.5.5.1 South Korea Entrenching Tool Market by Product
9.3.5.5.2 South Korea Entrenching Tool Market by Application
9.3.5.6 Rest of Asia-Pacific Entrenching Tool Market
9.3.5.6.1 Rest of Asia-Pacific Entrenching Tool Market by Product
9.3.5.6.2 Rest of Asia-Pacific Entrenching Tool Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Entrenching Tool Market Overview
9.4.2 Middle East and Africa Entrenching Tool Market Forecasts and Analysis
9.4.3 Middle East and Africa Entrenching Tool Market Forecasts and Analysis - By Product
9.4.4 Middle East and Africa Entrenching Tool Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Entrenching Tool Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Entrenching Tool Market
9.4.5.1.1 South Africa Entrenching Tool Market by Product
9.4.5.1.2 South Africa Entrenching Tool Market by Application
9.4.5.2 Saudi Arabia Entrenching Tool Market
9.4.5.2.1 Saudi Arabia Entrenching Tool Market by Product
9.4.5.2.2 Saudi Arabia Entrenching Tool Market by Application
9.4.5.3 U.A.E Entrenching Tool Market
9.4.5.3.1 U.A.E Entrenching Tool Market by Product
9.4.5.3.2 U.A.E Entrenching Tool Market by Application
9.4.5.4 Rest of Middle East and Africa Entrenching Tool Market
9.4.5.4.1 Rest of Middle East and Africa Entrenching Tool Market by Product
9.4.5.4.2 Rest of Middle East and Africa Entrenching Tool Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Entrenching Tool Market Overview
9.5.2 South and Central America Entrenching Tool Market Forecasts and Analysis
9.5.3 South and Central America Entrenching Tool Market Forecasts and Analysis - By Product
9.5.4 South and Central America Entrenching Tool Market Forecasts and Analysis - By Application
9.5.5 South and Central America Entrenching Tool Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Entrenching Tool Market
9.5.5.1.1 Brazil Entrenching Tool Market by Product
9.5.5.1.2 Brazil Entrenching Tool Market by Application
9.5.5.2 Argentina Entrenching Tool Market
9.5.5.2.1 Argentina Entrenching Tool Market by Product
9.5.5.2.2 Argentina Entrenching Tool Market by Application
9.5.5.3 Rest of South and Central America Entrenching Tool Market
9.5.5.3.1 Rest of South and Central America Entrenching Tool Market by Product
9.5.5.3.2 Rest of South and Central America Entrenching Tool Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ENTRENCHING TOOL MARKET, KEY COMPANY PROFILES
11.1. SCHRADE
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. GERBER
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. SOG SPECIALTY KNIVES AND TOOLS, LLC
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. COLD STEEL
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. FIVEJOY
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. COLUMBIA RIVER KNIFE AND TOOL
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. DECATHLON
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. GLOCK
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. TATA AGRICO
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. FISKARS OYJ
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
The List of Companies
- Schrade
- Gerber
- SOG Specialty Knives and Tools, LLC
- Cold Steel
- FiveJoy
- Columbia River Knife and Tool
- Decathlon
- Glock
- Tata Agrico
- Fiskars Oyj
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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