Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

Bosch Power Tools Continues to Grow
Mar 1, 2007
 Printable format
 Email this Article
 Search

The Bosch Power Tool division remains on its growth course. Sales of power tools, accessories, garden tools, and measuring tools grew 6 percent to 2.8 billion euros (approx. U.S. $3.7 billion) in 2006. 90 percent of these sales were generated outside Germany. The key growth regions included Europe, Asia Pacific and Latin America, with Bosch Power Tools posting double-digit growth in each of these regions. In the professional power tools segment, the company also recorded double-digit growth worldwide for the third year in a row.

The global market for power tools grew 3 percent in 2006 to a total volume of about 8 billion euros (approx. $10.6 billion). For the first time in five years, the markets of Western Europe posted above-average growth—4 percent in total. The workforce of Bosch Power Tools grew in 2006 to 14,500, from roughly 14,000 in the previous year. New jobs were created mainly in Eastern Europe and Asia. In Germany, the size of the workforce remained stable despite the difficult global competitive situation.

For the year 2007, Bosch again expects the global market for power tools to grow in value terms by 3 percent on average. Economic activity remains buoyant particularly in Asia, Eastern Europe, and Latin America. In the U.S. market, on the other hand, the slowdown in the construction industry continues to have a noticeable impact.
 

Back to Daily News

 

Daily News

...........................................................

Apr 23, 2014: Bosch Home Appliances Garners EPA Energy Star Partner of the Year - Sustained Excellence Award

Apr 23, 2014: AO Smith Develops Ultra-Low NOx, Compact Commercial Water Heater for California

Apr 23, 2014: Dacor Launches First North American Cooktop with Touch Control

Apr 23, 2014: Existing-Home Sales Show Slight March Decrease

Apr 23, 2014: CEA: Consumer Sentiment Down in April

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

March 2014: Market Research - 62nd Annual U.S. Appliance Industry Forecast
February 2014: Appliance Magazine Market Insight: December 2013
January 2014: Market Research - Appliance Historical Statistical Review: 1954-2012
January 2014: Appliance Magazine Market Insight: November 2013




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Pharmalive | Plastics Today | Powder Bulk Solids | Canon Trade Shows