Global Electric Screwdriver Market size was valued at USD 421.80 Mn. in 2023 and the Electric Screwdriver is expected to grow by 1.12 % from 2024 to 2030, reaching nearly USD 456.00 Mn.
Electric Screwdriver Market Overview:
Maximize Market Research is a Business Consultancy Firm that has published a detailed analysis of the “Electric Screwdriver Market”. The report includes key business insights, demand analysis, pricing analysis, and competitive landscape. The analysis in the report provides an in-depth aspect at the current status of the market, with forecasts outspreading to the year 2030.
Electric Screwdriver Market Scope and Methodology:
The market research report Electric Screwdriver provides comprehensive details on important factors, including those anticipated to drive the industry’s growth and impending obstacles. Stakeholders will have a solid understanding of the investment potential in the market, the industry’s competitive environment, and the products pushed by well-known brands. The research examines the sector’s qualitative and quantitative aspects. Part of what the MMR probe looks into is a thorough analysis of the competition for the market.
A lengthy list of needs is included in the study, along with a detailed explanation for each. When creating the market, a wide range of primary and secondary information sources were taken into account, including official government documents, websites, annual reports, and expert and professional comments.
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Electric Screwdriver Market Regional Insights
In this report, the market size, growth rate, import and export by region, and other pertinent facts are all carefully examined. It is simple to comprehend the market conditions in various nations thanks to the research’s regional analysis. The market is composed of markets in North America, Europe, South America, Asia Pacific, and the Middle East.
Electric Screwdriver Market Segmentation:
by Product
Cordless
Cord
Corded and cordless electric screwdrivers are the two segments of the market. Over the course of the forecast period, the cordless electric screwdrivers segment is anticipated to dominate the electric screwdrivers market. because they provide ease and mobility and are powered by rechargeable batteries. They are well-liked by professionals working in small areas, homeowners, and do-it-yourselfers.
by Power Type
AC Electric Screwdriver
DC Electric Screwdriver
by Application
Industrial
Commercial
Residential
by End-User Industry
IT & Telecommunication
Aerospace & Defense
Electronics & Consumer Goods
Chemicals
Machinery
Automotive
Healthcare
Others
by Distribution Channel
Online Retail
Offline Retail
Online retail and offline retail are the two market segments. Over the course of the forecast period, the electric screwdriver market is anticipated to be dominated by the online retail segment. Electric screwdrivers are sold online via e-commerce platforms as part of the online retail industry. This market is growing because of the ease, competitive cost, and variety of products offered by online outlets.
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Electric Screwdriver Market Key Players:
1. Kawasaki Heavy Industries, Ltd.
2. Robert Bosch Tool Corporation
3. Hitachi, Ltd.
4. Panasonic
5. Kolver srl
6. Suzhou Everich Imp. & Exp. Co., Ltd.
7. LUN-YUAN ENTERPRISE CO., LTD.
8. Kilews Industrial Co., Ltd.
9. Stanley Black & Decker, Inc.
10. Makita Corporation
11. Chevron Holdings Limited
12. The Positec Tool Corporation
13. FEIN Power Tools Inc.
14. Harbor Freight Tools USA Inc.
15. Mountz, Inc.
16. Metabowerke GmbH
17. ASA Enterprise Co. Ltd.
18. Dewalt
19. Nitto Kohki Co., Ltd.
20. Sumake Industrial Co., Ltd.
21. Vessel Co., Inc.
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Key questions answered in the Electric Screwdriver Market are:
- What is Electric Screwdriver?
- What was the market size in 2023?
- What is the growth rate of the Electric Screwdriver Market?
- Which are the factors expected to drive the market growth?
- What is the CAGR at which the market will grow during the forecast period?
- What are the different segments of the Electric Screwdriver Market?
- Which is the fastest growing region in the Electric Screwdrivermarket?
- What growth strategies are the players considering to increase their presence in Electric Screwdriver?
- What are the upcoming opportunities and trends for the Electric Screwdriver Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for the Electric Screwdriver Market?
- Who are the leading companies and what are their portfolios in market?
- What segments are covered in the market?
- Who are the key players in the market?
Get to know about details summary of the report:https://www.maximizemarketresearch.com/market-report/global-electric-screwdriver-market/84531/
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2022)
- Past Pricing and price curve by region (2018 to 2022)
- Market Size, Share, Size & Forecast by different segment | 2024−2030
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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About Maximize Market Research:
Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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