Electric screwdriver is a type of power tool that relies on a current control motor to quickly tighten the screws to the set torque.
Electric Screwdriver report published by QYResearch reveals that COVID-19 and Russia-Ukraine War impacted the market dually in 2022. Global Electric Screwdriver market is projected to reach US$ 498.5 million in 2029, increasing from US$ 412.4 million in 2022, with the CAGR of 2.7% during the period of 2023 to 2029. Demand from Industrial and Household are the major drivers for the industry.
Global Electric Screwdriver key players include Stanley Black & Decker, Bosch, Makita, Ken, TTI, etc. Global top five manufacturers hold a share over 27%.
China is the largest market, with a share over 50%, followed by North America and Europe, both have a share over 20% percent.
In terms of product, Cord is the largest segment, with a share over 50%. And in terms of application, the largest application is Household, followed by Industrial.
Global Electric Screwdriver Market: Driven factors and Restrictions factors
The research report encompasses a comprehensive analysis of the factors that affect the growth of the market. It includes an evaluation of trends, restraints, and drivers that influence the market positively or negatively. The report also outlines the potential impact of different segments and applications on the market in the future. The information presented is based on historical milestones and current trends, providing a detailed analysis of the production volume for each type from 2018 to 2029, as well as the production volume by region during the same period.
Global Leading Market Research Publisher QYResearch announces the release of the report “Global Electric Screwdriver Market Report, History and Forecast 2018-2029, Breakdown Data by Manufacturers, Key Regions, Types and Application”. Based on historical analysis (2018-2022) and forecast calculations (2023-2029), this report provides a detailed analysis of the production volume for each type from 2018 to 2029, as well as production by region during the same period. It aims to help readers gain a comprehensive understanding of the global Electric Screwdriver market with multiple angles, which provides sufficient supports to readers’ strategy and decision making. As the market is constantly changing, the report explores competition, supply and demand trends, as well as the key factors that contribute to its changing demands across many markets.
Get a free sample PDF of this report (Including Full TOC, List of Tables & Figures, Chart) :
https://www.qyresearch.com/reports/1211225/electric-screwdriver
Overall, this report will provide you with the insights and information needed to make informed business decisions and stay ahead of the competition.
Global Electric Screwdriver Market report also includes a pricing analysis for each type, manufacturer, region, and global price from 2018 to 2029. This information will help stakeholders make informed decisions and develop effective strategies for growth. The report's analysis of the restraints in the market is crucial for strategic planning as it helps stakeholders understand the challenges that could hinder growth. This information will enable stakeholders to devise effective strategies to overcome these challenges and capitalize on the opportunities presented by the growing market. Furthermore, the report incorporates the opinions of market experts to provide valuable insights into the market's dynamics. This information will help stakeholders gain a better understanding of the market and make informed decisions.
The Electric Screwdriver market is segmented as below:
By Company
Stanley Black & Decker
Bosch
Makita
Ken
TTI
Positec
FEIN
Dongcheng
Hitachi
Hilti
Kawasaki
Chervon Holdings
Ozito
Dixon Automatic
Mountz
XU1 Powertools
Segment by Type
Cordless
Cord
Segment by Application
Industrial
Household
Each chapter of the report provides detailed information for readers to understand the Electric Screwdriver market further:
Chapter 1: Electric Screwdriver Market Product Definition, Product Types, Volume and Revenue analysis of Each Type in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 2: Manufacturer Competition Status, including Sales and Revenue comparison, Manufacturers’ commercial date of Electric Screwdriver, product type offered by each manufacturer, Mergers & Acquisitions activities, Expansion activities occurred in the Electric Screwdriver industry.
Chapter 3: Electric Screwdriver Market Historical (2018-2022) and forecast (2023-2029) volume and revenue analysis of Electric Screwdriver in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.
Chapter 4: Electric Screwdriver Product Application, Volume and Revenue analysis of Each Application in North America, Europe, Asia-Pacific, Latin America, Middle East and Africa from 2018 to 2023.
Chapter 5 to 9: Electric Screwdriver Country Level analysis of North America, Europe, Asia-Pacific, Latin America, Middle East and Africa, including volume and revenue analysis.
Chapter 10: Manufacturers’ Outline, covering company’s basic information like headquarter, contact information, major business, Electric Screwdriver introduction, etc. Electric Screwdriver Sales, Revenue, Price and Gross Margin of each company as well as Recent Development are also contained in this part.
Chapter 11: Industry Chain, like raw materials, manufacturing cost, are covered. In addition, market opportunities and challenges are emphasized as well in the chapter.
Chapter 12: Market Channel, Distributors and Customers are listed.
Chapter 13: QYResearch’s Conclusions of Electric Screwdriver market based on comprehensive survey.
Chapter 14: Methodology and Data Sources.
Some of the Key Questions Answered in this Report:
- What is the Electric Screwdrivermarket size at the regional and country-level
- What are the key drivers, restraints, opportunities, and challenges of the Electric Screwdrivermarket, and how they are expected to impact the market
- What is the global (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) sales value, production value, consumption value, import and export of Electric Screwdriver
- Who are the global key manufacturers of the Electric ScrewdriverIndustry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)
- What are the Electric Screwdrivermarket opportunities and threats faced by the vendors in the global Electric Screwdriver Industry
- Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application
- What focused approach and constraints are holding the Electric Screwdrivermarket
- What are the different sales, marketing, and distribution channels in the global industry
- What are the upstream raw materials and of Electric Screwdriveralong with the manufacturing process of Electric Screwdriver
- What are the key market trends impacting the growth of the Electric Screwdrivermarket
- Economic impact on the Electric Screwdriverindustry and development trend of the Electric Screwdriver industry
- What are the Electric Screwdrivermarket opportunities, market risk, and market overview of the Electric Screwdriver market
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