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STRICTLY PRIVATE AND CONFIDENTIAL

14

Power tools

Power tools came about in the late 1940’s, spurred by the

reconstruction of Europe and a growing number of consumers

in North America

Power tools today comprise a number of different tools, either

powered by electricity (cord/cordless), through pneumatics or

by gas engines

Typical power tools include drills, saws, sanders, grinders,

wrenches and hammers

The market is divided between consumer/Do-It-Yourself (DIY)

and professional customers

Power tools are used for heavy tasks by professionals in most

industries, e.g. the construction and manufacturing industry as

well as rescue workers and fire fighters

In the DIY segment power tools are generally used for home

improvement and gardening activities