Power Tools, Tangentially Related Industries and Its Effects on the PEPT

When considering what industries have an impact on the power tool industry, we must look at the over all consumer market. We also have to consider the time of year. The power tool industry is a seasonal industry, with sales increasing for the Professional, Do it yourselfer and Commercial products in the summer. We can also expect sales to increase at Christmas time due for the consumers and professionals because many will receive them as gifts at this time of the year.

Industries that we can consider to be related is batteries, electronics / circuits, lumber / building products. We can consider batteries directly related due to the high demand for cordless tools. As batteries improves so will the power tools. Many power tools use different types of electronics and circuits, so we can consider this industry related. The sales of lumber and building products will mean that professionals, consumers and commercial sales should see an increase as this market increases.

When considering what statistics and forecasting factors to consider we should look at many different areas; women in the market, oil pricing and the relation to cost in plastics and manufacturing costs, are shipping. Colors that are popular, new building / constructions areas and markets, new trends in industry and new products available. World trends vs. vs. domestic, cellular markets in relation to new technology worldwide e.g. program downloads and credit card slip / swipes etc.

When considering statistics and forecasting factors, we also must consider the overall shape of our economy and the economy worldwide.