Us Power & Hand Tools Market — New York, July 1, 2014 /prnewswire/ —

Beijing Internet Harbor Selects Coriant 7100 Packet Optical Transport Platform to Create Metro Networks Across China – Yahoo Finance

Dominant professional market to grow the fastest The professional market comprised the majority of power and hand tool demand in 2013, and will post faster gains through 2018. These trends reflect in part the greater concentration of expensive power tools in the professional market. Professionals are often willing to pay more for higher quality tools, since the initial investment will pay off over the long run through better performance and longer tool life. In addition, professionals tend to use tools on a daily basis and, as a result, must replace tools more frequently. In contrast, consumers, who are less frequent users of tools, are more likely to purchase tools based on price, and rarely require more expensive versions that use hydraulic or pneumatic power.
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The company operates worldwide in more than 48 countries, with R&D centers in Asia, Germany, Portugal and the United States, as well as a state-of-the-art production center in Berlin, Germany. Learn more at http://www.coriant.com . About Beijing Internet Harbor Beijing Internet Harbor Technology Co. Ltd. ( http://www.idccun.com ), founded in 2009, is a professional Internet service provider, providing customers with a full range of Internet applications-based solutions. Beijing Internet Harbor’s customer base covers top tier Internet portals and dot-com companies across multiple industries throughout China, including: streaming media, gaming, e-commerce, search engine, social media, government, enterprise and telecom carriers. Beijing Internet Harbor holds a value-added telecommunications business license issued by the Ministry of Industry and Information Technology of the People’s Republic of China, and is a member of China Internet Network Information Center (CNNIC).
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