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Hand Tools Market Overview
The report is titled ‘Hand Tools Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the hand tools market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The hand tools market is expected to grow at a significant rate in the near future.
The global hand tools market is estimated to reach at a value of US$ xx Mn by the end of 2020 and expected to reach at a value of US$ xx Mn by 2028 with a significant CAGR of xx%
Hand Tools Introduction
Hand tools are crucial equipment which comes to use in various applications for day-to-day chores. Hand tools have been serving humans since ancient times for various essential tasks. Hand tools are of various types and they can be implemented in an array of applications including household, industrial, and do-it-yourself (DIY) tasks. Some hand tools are versatile and can be used for various applications and some of them are particularly used for a specific job.
Hand Tools Market Dynamics
One of the primary factors that has essentially boosted the hand tools market is the briskly developed construction sector in the past few years, owing to the improving infrastructure across the world. In addition to that, the growing automotive industry has positively elevated the demand of automotive maintenance and repair in recent years, which is also estimated to propel the growth of the global hand tools market in the following years.
Moreover, the industrial applications of the hand tools has also grown over the years which has further contributed to the rising demand of hand tools worldwide. However, inadequacy of skilled professionals in some of the regions as well as short profit margin due to intense competition are some leading barriers that may hamper the growth of the global hand tools market over the forecast period.
More than that, the rising popularity of power tools and their multipurpose application is further estimated to hold back the market growth in the forthcoming years.
Hand Tools Market Segmentation
The global hand tools market is segmented on the basis of type, sales channel, application, and by region.
By Type
General Purpose Tools
Wrenches
Pliers
Cutters
Striking Tools
Struck or Hammered Tools
Screwdrivers
Vises
Clamps
Snips
Saws
Drills and Knives
Metal Cutting Tools
Layout & Measuring Tools
Angle Locator
Bubble Inclinometer
Calipers
Compass
Level
Protector
Ruler
Measuring Squares
Tape Measure
Others
Taps & Dies
Insulated Hand Tools
Arc Flash Protection
Crimpers & Strippers
Insulated Cable Cutters
Insulated Nut Drivers
Insulated Pliers
Insulated Screwdrivers
Insulated Sockets
Insulated Tool Kits
Insulated Torque Tools
Insulated Wrenches
Other Insulated Tools
By Sales Channel
Online Sales
Company Direct Sales
Distributor Sales
By Application
Construction Industry
Decoration Industry
Household Application
By Region
North America
Latin America
Europe
Asia Pacific
Middle East
Africa
Hand Tools Market Key Players
The key participating players of the global Hand Tools market include Stanley Black & Decker, Inc., Snap-on Incorporated, BOSCH, IDEAL INDUSTRIES, INC., Apex Tool Group, LLC., KLEIN TOOLS INC, Emerson Electric Co., Akar Tools Limited, Channellock, Inc., JK Files (India) Limited, Kennametal Inc., Wera Tools, among others.
R&I Overview on Hand Tools Market Report
The non-identical approach of Reports and Insights stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.
A research report on the Hand Tools market by Reports and Insights is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.
Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.
Factors that are benchmarked while estimating the market
Various factors that are benchmarked while estimating the market growth includes (but not restricted to):
New product designs and launches
Current product compliance
Reimbursement
Concerns for use of Hand Tools
Advantages of Hand Tools
Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.
A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment where one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the global market.
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1. Global Hand Tools Market Report Overview
1.1. Introduction
1.2. Report Description
1.3. Methodology
2. Global Hand Tools Market Overview
2.1. Introduction
2.1.1. Introduction
2.1.2. Market Taxonomy
2.2. Executive Summary
2.3. Global Hand Tools Market Snapshot
2.4. Global Hand Tools Market Size And Forecast, 2020–2028
2.4.1. Introduction
2.4.2. Market Value Forecast And Annual Growth Rate (AGR) Comparison (2020–2028)
2.5. Global Hand Tools Market Dynamics
2.5.1. Drivers
2.5.2. Restraints
2.5.3. Opportunity
2.5.4. Trends
2.6. Porter’s Five Forces Model
2.7. SWOT Analysis
2.8. PEST Analysis
2.9. Supply Chain Analysis
2.10. Demand Analysis
2.10.1. Demand Analysis by Application
2.11. Cost Structure
2.12. Pricing Analysis
2.12.1. Regional Pricing Analysis By Product
2.12.2. Pricing Break-up
2.12.3. Manufacturer Level Pricing
2.12.4. Distributor Level Pricing
2.12.5. Global Average Pricing Analysis Benchmark
2.12.6. Pricing Analysis by Competition
2.13. Cross Section Analysis
2.13.1. Cross Analysis of Application W.R.T Product Type
3. Hand Tools Assessment and Analysis
3.1. Hand Tools Impact Analysis
3.2. Value Chain Analysis
3.3. Potential Analysis
4. Covid-19 Impact on Hand Tools Market
4.1. Impact Analysis of Covid-19 on the global Hand Tools market
4.2. Effect On Value Chain
4.3. Business Impact W.R.T Revenue
4.4. Volatility In Price
4.5. Effect On The Overall Trade
4.6. Market Impact Analysis In 2020 (Quarter Wise)
5. Global Hand Tools Market, By Type
5.1. Introduction
5.1.1. Annual Growth Rate Comparison, By Type
5.1.2. BPS Analysis, By Type
5.2. Market Revenue (US$Mn) and Forecast, By Type
5.2.1. General Purpose Tools
5.2.1.1. Wrenches
5.2.1.2. Pliers
5.2.1.3. Cutters
5.2.1.4. Striking Tools
5.2.1.5. Struck or Hammered Tools
5.2.1.6. Screwdrivers
5.2.1.7. Vises
5.2.1.8. Clamps
5.2.1.9. Snips
5.2.1.10. Saws
5.2.1.11. Drills and Knives
5.2.2. Metal Cutting Tools
5.2.3. Layout & Measuring Tools
5.2.3.1. Angle Locator
5.2.3.2. Bubble Inclinometer
5.2.3.3. Calipers
5.2.3.4. Compass
5.2.3.5. Level
5.2.3.6. Protector
5.2.3.7. Ruler
5.2.3.8. Measuring Squares
5.2.3.9. Tape Measure
5.2.3.10. Others
5.2.4. Taps & Dies
5.2.5. Insulated Hand Tools
5.2.5.1. Arc Flash Protection
5.2.5.2. Crimpers & Strippers
5.2.5.3. Insulated Cable Cutters
5.2.5.4. Insulated Nut Drivers
5.2.5.5. Insulated Pliers
5.2.5.6. Insulated Screwdrivers
5.2.5.7. Insulated Sockets
5.2.5.8. Insulated Tool Kits
5.2.5.9. Insulated Torque Tools
5.2.5.10. Insulated Wrenches
5.2.5.11. Other Insulated Tools
5.3. Global Hand Tools Market Attractiveness Index, By Type
6. Global Hand Tools Market, By Sales Channel
6.1. Introduction
6.1.1. Annual Growth Rate Comparison, By Sales Channel
6.1.2. BPS Analysis, By Sales Channel
6.2. Market Revenue (US$Mn) and Forecast, By Sales Channel
6.2.1. Online Sales
6.2.2. Company Direct Sales
6.2.3. Distributor Sales
6.3. Global Hand Tools Market Attractiveness Index, By Sales Channel
7. Global Hand Tools Market, By Application
7.1. Introduction
7.1.1. Annual Growth Rate Comparison, By Application
7.1.2. BPS Analysis, By Application
7.2. Market Revenue (US$Mn) and Forecast, By Application
7.2.1. Construction Industry
7.2.2. Decoration Industry
7.2.3. Household Application
7.3. Global Hand Tools Market Attractiveness Index, By Application
8. Global Hand Tools Market, By Region
8.1. Introduction
8.1.1. Annual Growth Rate Comparison, By Region
8.1.2. BPS Analysis, By Region
8.2. Market Revenue (US$Mn) and Forecast, By Region
8.2.1. North America
8.2.2. Latin America
8.2.3. Europe
8.2.4. Asia Pacific
8.2.5. Middle East
8.2.6. Africa
8.3. Global Hand Tools Market Attractiveness Index, By Region
9. North America Hand Tools Market Analysis and Forecast, 2020–2028
9.1. Introduction
9.1.1. Annual Growth Rate Comparison, By Country
9.1.2. BPS Analysis, By Country
9.2. Market Revenue (US$Mn) and Forecast, By Country
9.2.1. U.S. Hand Tools Market
9.2.2. Canada Hand Tools Market
9.3. North America Hand Tools Market, By Type
9.3.1. General Purpose Tools
9.3.1.1. Wrenches
9.3.1.2. Pliers
9.3.1.3. Cutters
9.3.1.4. Striking Tools
9.3.1.5. Struck or Hammered Tools
9.3.1.6. Screwdrivers
9.3.1.7. Vises
9.3.1.8. Clamps
9.3.1.9. Snips
9.3.1.10. Saws
9.3.1.11. Drills and Knives
9.3.2. Metal Cutting Tools
9.3.3. Layout & Measuring Tools
9.3.3.1. Angle Locator
9.3.3.2. Bubble Inclinometer
9.3.3.3. Calipers
9.3.3.4. Compass
9.3.3.5. Level
9.3.3.6. Protector
9.3.3.7. Ruler
9.3.3.8. Measuring Squares
9.3.3.9. Tape Measure
9.3.3.10. Others
9.3.4. Taps & Dies
9.3.5. Insulated Hand Tools
9.3.5.1. Arc Flash Protection
9.3.5.2. Crimpers & Strippers
9.3.5.3. Insulated Cable Cutters
9.3.5.4. Insulated Nut Drivers
9.3.5.5. Insulated Pliers
9.3.5.6. Insulated Screwdrivers
9.3.5.7. Insulated Sockets
9.3.5.8. Insulated Tool Kits
9.3.5.9. Insulated Torque Tools
9.3.5.10. Insulated Wrenches
9.3.5.11. Other Insulated Tools
9.4. North America Hand Tools Market, By Sales Channel
9.4.1. Online Sales
9.4.2. Company Direct Sales
9.4.3. Distributor Sales
9.5. North America Hand Tools Market, By Application
9.5.1. Construction Industry
9.5.2. Decoration Industry
9.5.3. Household Application
9.6. North America Hand Tools Market Attractiveness Index
9.6.1. By Country
9.6.2. By Type
9.6.3. By Sales Channel
9.6.4. By Application
10. Latin America Hand Tools Market Analysis and Forecast, 2020–2028
10.1. Introduction
10.1.1. Annual Growth Rate Comparison, By Country
10.1.2. BPS Analysis, By Country
10.2. Market (US$Mn) Forecast, By Country
10.2.1. Brazil Hand Tools Market
10.2.2. Mexico Hand Tools Market
10.2.3. Rest Of Latin America Hand Tools Market
10.3. Latin America Hand Tools Market, By Type
10.3.1. General Purpose Tools
10.3.1.1. Wrenches
10.3.1.2. Pliers
10.3.1.3. Cutters
10.3.1.4. Striking Tools
10.3.1.5. Struck or Hammered Tools
10.3.1.6. Screwdrivers
10.3.1.7. Vises
10.3.1.8. Clamps
10.3.1.9. Snips
10.3.1.10. Saws
10.3.1.11. Drills and Knives
10.3.2. Metal Cutting Tools
10.3.3. Layout & Measuring Tools
10.3.3.1. Angle Locator
10.3.3.2. Bubble Inclinometer
10.3.3.3. Calipers
10.3.3.4. Compass
10.3.3.5. Level
10.3.3.6. Protector
10.3.3.7. Ruler
10.3.3.8. Measuring Squares
10.3.3.9. Tape Measure
10.3.3.10. Others
10.3.4. Taps & Dies
10.3.5. Insulated Hand Tools
10.3.5.1. Arc Flash Protection
10.3.5.2. Crimpers & Strippers
10.3.5.3. Insulated Cable Cutters
10.3.5.4. Insulated Nut Drivers
10.3.5.5. Insulated Pliers
10.3.5.6. Insulated Screwdrivers
10.3.5.7. Insulated Sockets
10.3.5.8. Insulated Tool Kits
10.3.5.9. Insulated Torque Tools
10.3.5.10. Insulated Wrenches
10.3.5.11. Other Insulated Tools
10.4. Latin America Hand Tools Market, By Sales Channel
10.4.1. Online Sales
10.4.2. Company Direct Sales
10.4.3. Distributor Sales
10.5. Latin America Hand Tools Market, By Application
10.5.1. Construction Industry
10.5.2. Decoration Industry
10.5.3. Household Application
10.6. Latin America Hand Tools Market Attractiveness Index
10.6.1. By Country
10.6.2. By Type
10.6.3. By Sales Channel
10.6.4. By Application
11. Europe Hand Tools Market Analysis and Forecast, 2020–2028
11.1. Introduction
11.1.1. Annual Growth Rate Comparison, By Country
11.1.2. BPS Analysis, By Country
11.2. Market (US$Mn) Forecast, By Country
11.2.1. U.K. Hand Tools Market
11.2.2. Germany Hand Tools Market
11.2.3. Italy Hand Tools Market
11.2.4. France Hand Tools Market
11.2.5. Spain Hand Tools Market
11.2.6. Russia Hand Tools Market
11.2.7. Poland Hand Tools Market
11.2.8. NORDIC Hand Tools Market
11.2.9. BENELUX Hand Tools Market
11.2.10. Rest Of Europe Hand Tools Market
11.3. Europe Hand Tools Market, By Type
11.3.1. General Purpose Tools
11.3.1.1. Wrenches
11.3.1.2. Pliers
11.3.1.3. Cutters
11.3.1.4. Striking Tools
11.3.1.5. Struck or Hammered Tools
11.3.1.6. Screwdrivers
11.3.1.7. Vises
11.3.1.8. Clamps
11.3.1.9. Snips
11.3.1.10. Saws
11.3.1.11. Drills and Knives
11.3.2. Metal Cutting Tools
11.3.3. Layout & Measuring Tools
11.3.3.1. Angle Locator
11.3.3.2. Bubble Inclinometer
11.3.3.3. Calipers
11.3.3.4. Compass
11.3.3.5. Level
11.3.3.6. Protector
11.3.3.7. Ruler
11.3.3.8. Measuring Squares
11.3.3.9. Tape Measure
11.3.3.10. Others
11.3.4. Taps & Dies
11.3.5. Insulated Hand Tools
11.3.5.1. Arc Flash Protection
11.3.5.2. Crimpers & Strippers
11.3.5.3. Insulated Cable Cutters
11.3.5.4. Insulated Nut Drivers
11.3.5.5. Insulated Pliers
11.3.5.6. Insulated Screwdrivers
11.3.5.7. Insulated Sockets
11.3.5.8. Insulated Tool Kits
11.3.5.9. Insulated Torque Tools
11.3.5.10. Insulated Wrenches
11.3.5.11. Other Insulated Tools
11.4. Europe Hand Tools Market, By Sales Channel
11.4.1. Online Sales
11.4.2. Company Direct Sales
11.4.3. Distributor Sales
11.5. Europe Hand Tools Market, By Application
11.5.1. Construction Industry
11.5.2. Decoration Industry
11.5.3. Household Application
11.6. Europe Hand Tools Market Attractiveness Index
11.6.1. By Country
11.6.2. By Type
11.6.3. By Sales Channel
11.6.4. By Application
12. Asia Pacific Hand Tools Market Analysis and Forecast, 2020–2028
12.1. Introduction
12.1.1. Annual Growth Rate Comparison, By Country
12.1.2. BPS Analysis, By Country
12.2. Market (US$Mn) Forecast, By Country
12.2.1. China Hand Tools Market
12.2.2. India Hand Tools Market
12.2.3. Japan Hand Tools Market
12.2.4. Australia and New Zealand Hand Tools Market
12.2.5. South Korea Hand Tools Market
12.2.6. Rest of Asia Pacific Hand Tools Market
12.3. Asia Pacific Hand Tools Market, By Type
12.3.1. General Purpose Tools
12.3.1.1. Wrenches
12.3.1.2. Pliers
12.3.1.3. Cutters
12.3.1.4. Striking Tools
12.3.1.5. Struck or Hammered Tools
12.3.1.6. Screwdrivers
12.3.1.7. Vises
12.3.1.8. Clamps
12.3.1.9. Snips
12.3.1.10. Saws
12.3.1.11. Drills and Knives
12.3.2. Metal Cutting Tools
12.3.3. Layout & Measuring Tools
12.3.3.1. Angle Locator
12.3.3.2. Bubble Inclinometer
12.3.3.3. Calipers
12.3.3.4. Compass
12.3.3.5. Level
12.3.3.6. Protector
12.3.3.7. Ruler
12.3.3.8. Measuring Squares
12.3.3.9. Tape Measure
12.3.3.10. Others
12.3.4. Taps & Dies
12.3.5. Insulated Hand Tools
12.3.5.1. Arc Flash Protection
12.3.5.2. Crimpers & Strippers
12.3.5.3. Insulated Cable Cutters
12.3.5.4. Insulated Nut Drivers
12.3.5.5. Insulated Pliers
12.3.5.6. Insulated Screwdrivers
12.3.5.7. Insulated Sockets
12.3.5.8. Insulated Tool Kits
12.3.5.9. Insulated Torque Tools
12.3.5.10. Insulated Wrenches
12.3.5.11. Other Insulated Tools
12.4. Asia Pacific Hand Tools Market, By Sales Channel
12.4.1. Online Sales
12.4.2. Company Direct Sales
12.4.3. Distributor Sales
12.5. Asia Pacific Hand Tools Market, By Application
12.5.1. Construction Industry
12.5.2. Decoration Industry
12.5.3. Household Application
12.6. Asia Pacific Hand Tools Market Attractiveness Index
12.6.1. By Country
12.6.2. By Type
12.6.3. By Sales Channel
12.6.4. By Application
13. Middle East Hand Tools Market Analysis and Forecast, 2020–2028
13.1. Introduction
13.1.1. Annual Growth Rate Comparison, By Country
13.1.2. BPS Analysis, By Country
13.2. Market (US$Mn) Forecast, By Country
13.2.1. GCC Countries Hand Tools Market
13.2.2. Israel Hand Tools Market
13.2.3. Rest Of Middle East Hand Tools Market
13.3. Middle East Hand Tools Market, By Type
13.3.1. General Purpose Tools
13.3.1.1. Wrenches
13.3.1.2. Pliers
13.3.1.3. Cutters
13.3.1.4. Striking Tools
13.3.1.5. Struck or Hammered Tools
13.3.1.6. Screwdrivers
13.3.1.7. Vises
13.3.1.8. Clamps
13.3.1.9. Snips
13.3.1.10. Saws
13.3.1.11. Drills and Knives
13.3.2. Metal Cutting Tools
13.3.3. Layout & Measuring Tools
13.3.3.1. Angle Locator
13.3.3.2. Bubble Inclinometer
13.3.3.3. Calipers
13.3.3.4. Compass
13.3.3.5. Level
13.3.3.6. Protector
13.3.3.7. Ruler
13.3.3.8. Measuring Squares
13.3.3.9. Tape Measure
13.3.3.10. Others
13.3.4. Taps & Dies
13.3.5. Insulated Hand Tools
13.3.5.1. Arc Flash Protection
13.3.5.2. Crimpers & Strippers
13.3.5.3. Insulated Cable Cutters
13.3.5.4. Insulated Nut Drivers
13.3.5.5. Insulated Pliers
13.3.5.6. Insulated Screwdrivers
13.3.5.7. Insulated Sockets
13.3.5.8. Insulated Tool Kits
13.3.5.9. Insulated Torque Tools
13.3.5.10. Insulated Wrenches
13.3.5.11. Other Insulated Tools
13.4. Middle East Hand Tools Market, By Sales Channel
13.4.1. Online Sales
13.4.2. Company Direct Sales
13.4.3. Distributor Sales
13.5. Middle East Hand Tools Market, By Application
13.5.1. Construction Industry
13.5.2. Decoration Industry
13.5.3. Household Application
13.6. Middle East Hand Tools Market Attractiveness Index
13.6.1. By Country
13.6.2. By Type
13.6.3. By Sales Channel
13.6.4. By Application
14. Africa Hand Tools Market Analysis and Forecast, 2020–2028
14.1. Introduction
14.1.1. Annual Growth Rate Comparison, By Country
14.1.2. BPS Analysis, By Country
14.2. Market (US$Mn) Forecast, By Country
14.2.1. South Africa Countries Hand Tools Market
14.2.2. Egypt Hand Tools Market
14.2.3. North Africa Hand Tools Market
14.2.4. Rest of Africa Hand Tools Market
14.3. Africa Hand Tools Market, By Type
14.3.1. General Purpose Tools
14.3.1.1. Wrenches
14.3.1.2. Pliers
14.3.1.3. Cutters
14.3.1.4. Striking Tools
14.3.1.5. Struck or Hammered Tools
14.3.1.6. Screwdrivers
14.3.1.7. Vises
14.3.1.8. Clamps
14.3.1.9. Snips
14.3.1.10. Saws
14.3.1.11. Drills and Knives
14.3.1.12. Metal Cutting Tools
14.3.2. Layout & Measuring Tools
14.3.2.1. Angle Locator
14.3.2.2. Bubble Inclinometer
14.3.2.3. Calipers
14.3.2.4. Compass
14.3.2.5. Level
14.3.2.6. Protector
14.3.2.7. Ruler
14.3.2.8. Measuring Squares
14.3.2.9. Tape Measure
14.3.2.10. Others
14.3.3. Taps & Dies
14.3.4. Insulated Hand Tools
14.3.4.1. Arc Flash Protection
14.3.4.2. Crimpers & Strippers
14.3.4.3. Insulated Cable Cutters
14.3.4.4. Insulated Nut Drivers
14.3.4.5. Insulated Pliers
14.3.4.6. Insulated Screwdrivers
14.3.4.7. Insulated Sockets
14.3.4.8. Insulated Tool Kits
14.3.4.9. Insulated Torque Tools
14.3.4.10. Insulated Wrenches
14.3.4.11. Other Insulated Tools
14.4. Africa Hand Tools Market, By Sales Channel
14.4.1. Online Sales
14.4.2. Company Direct Sales
14.4.3. Distributor Sales
14.5. Africa Hand Tools Market, By Application
14.5.1. Construction Industry
14.5.2. Decoration Industry
14.5.3. Household Application
14.6. Africa Hand Tools Market Attractiveness Index
14.6.1. By Country
14.6.2. By Type
14.6.3. By Sales Channel
14.6.4. By Application
15. Competitive Landscape
15.1. Competition Dashboard
15.2. Distributor outlook
15.2.1. List of key distributors
15.2.2. Regional penetration
15.2.3. Clients & partners
15.3. Company Share Analysis
15.3.1. Market Analysis by Tier of Companies
15.3.2. Market Share Analysis of Top Players
15.4. Market Presence Analysis
15.4.1. Regional Footprint of Players
15.4.2. Product Footprint by Players
15.4.3. Channel Footprint by Players
15.5. Company Profiles
15.5.1. Stanley Black & Decker
15.5.1.1. Company overview
15.5.1.2. Financial overview
15.5.1.3. Key developments
15.5.1.4. Swot analysis
15.5.1.5. Strategies
15.5.1.6. Product analysis
15.5.2. Apex Tool Group
15.5.3. Bosch Group
15.5.4. Great Wall Precision
15.5.5. Klein Tools
15.5.6. Wurth Group
15.5.7. PHOENIX
15.5.8. Channellock
15.5.9. Akar Tools
15.5.10. JPW Industries
15.5.11. JK Files
15.5.12. JETECH
15.5.13. Excelta
15.5.14. TTi
15.5.15. Kennametal Inc
15.5.16. Honeywell
15.5.17. Knipex
15.5.18. BOOHER
15.5.19. Rosotion
15.5.20. Teng Tools
16. Acronyms