When you are walking down the aisles at your local hardware store, it can seem like there are countless brands making tools of all kinds. While that's technically true, behind the scenes things are a bit more consolidated. As this graphic from PressureWashr.com shows, just 18 megabrands control 91 percent of the global power tools market. Of those, four companies control 48 percent.

Brands like Ryobi, Dirt Devil, Oreck, Milwaukee Electric and Hoover, for example, are owned by Techtronic Industries based out of Hong Kong. The Connecticut-based Stanley Black & Decker owns many brands beyond its name, including Lenox, Craftsman, Irwin Tools, DeWALT and CribMaster.

They're sharing a sizable market. Using publicly available data, PressureWashr estimates that the total 2017 hand and power tools global market will turn out to be worth around $51 billion. Black & Decker leads the pack with a 14 percent market share and $7.14 billion in sales. Techtonic, which rounds out the Big Four controlling companies, has a 9.88% market share with $6 billion in sales.

The entire report, which is broken into sections looking at hand and power tools, is worth reading. And once you find the right tools, then you can start on some bigger DIY projects around the house.

The top tool companies on the globe. PowerWashr.com

Source: PressureWashr

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