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Multifaceted Household Keys

The Tool Keys Double Up as a Portable Tool Box

— September 24, 2013 — Unique
For those who have anguished over trying to use the key head of our household keys to tighten or loosen a screw, the tool keys by Chris and Sarah Schnelle are a practical lifesaver.

Currently a Kickstarter project, the aim of the design is to put a toolbox in the palm of your hands without having to worry about carrying around the bulk of a tool. The tool keys currently comprise of five designs -- three wrench keys and two driver keys. The K200 driver key series, for example, carries a full range of hex wrench options, while the Schnelle B401 multitool holds a multitude of options, such as flat head screwdriver, Phillips head screwdriver, a bottle opener, nail notch, pry bar and hex wrench options.
Trend Themes
1. Multifunctional Tools - The rise of multifunctional tools like the tool keys presents opportunities for companies to innovate and create versatile products that save space and enhance convenience.
2. Miniature and Portable Tools - The trend towards smaller and more portable tools creates opportunities for businesses to develop technologies that are convenient and easy to carry.
3. Integration of Everyday Tools - There is potential for businesses to integrate everyday tools like keys into multifunctional designs to enhance efficiency and convenience.
Industry Implications
1. Hardware and Home Improvement - Companies specializing in hardware and home improvement have an opportunity to innovate and create compact and versatile tools like the tool keys.
2. Consumer Electronics - The trend towards portable and versatile devices presents opportunities for consumer electronics companies to create miniature and multi-functional tools with digital features.
3. Automotive - The trend towards multifunctional tools could extend to the automotive industry, where companies could create combination tools that serve multiple purposes for car owners.
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