Electric Screwdriver Market's Impact: Energizing Industry

Global Electric Screwdriver Market size was valued at USD 417.13 Mn. in 2022 and the Electric Screwdriver is expected to grow by 1.12 % from 2023 to 2029, reaching nearly USD 450.95 Mn.

Electric Screwdriver Market Report Overview

The report provides an in-depth analysis of the Electric Screwdriver market in easy-to-understand language. This includes market statistics, regional insights, dynamics, market segments, and key players. The report is a guide for investors who wish to invest in the Electric Screwdriver market.

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Electric Screwdriver Market Segmentation

The market is divided into two segments based on the kind of product: corded and cordless electric screwdrivers. Over the course of the forecast period, the cordless electric screwdrivers segment is anticipated to dominate the electric screwdrivers market. because they are mobile and convenient and run on rechargeable batteries. They are well-liked by professionals who operate in small areas, homeowners, and do-it-yourselfers. In order to help with tasks and offer more precision and speed, several cordless electric screwdrivers now have features like integrated LED lighting, torque sensors, and wireless connection.

by Product

Cordless
Cord


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

 

 

Electric Screwdriver 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.

Electric Screwdriver Market Report Scope and Research Methodology

The Electric Screwdriver market report focuses on the market size, shares, regional insights, and dynamics. It provides a detailed analysis of the Electric Screwdriver market dynamics, including growth drivers, restraints, major challenges, and prevailing opportunities. This information can help clients make informed investment decisions.

The bottom-up approach was used to estimate the global and regional Electric Screwdriver market size. Both primary and secondary research methods were employed for the Electric Screwdriver market report. The primary research included interviews with key opinion leaders and Electric Screwdriver industry experts, such as skilled front-line personnel, entrepreneurs, and marketing professionals. The secondary research included a review of annual and financial reports of leading manufacturers, government sites, industry journals, white papers, product releases, and databases. The Electric Screwdriver market report includes a list of competitors and a SWOT analysis of these competitors. PORTER and PESTEL analysis were used to understand the potential impact of macroeconomic and microeconomic factors on the Electric Screwdriver market.

Electric Screwdriver Market Regional Insights

This section in the report includes a detailed analysis of the Electric Screwdriver market in all the regions including North America, Asia Pacific, Europe, South America and the Middle East and Africa with their key countries. An in-depth analysis of trends and key players in each region with detailed information on their revenue and business is included in the report.  

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Key questions answered in the Electric Screwdriver Market are

    • What is Electric Screwdriver?

 

  • What are the Electric Screwdriver market segments?
  • Which regional Electric Screwdriver market is expected to grow at a high rate during the forecast period?
  • What are the drivers of the Electric Screwdriver market?
  • Which factors hampered the Electric Screwdriver market growth in 2022?
  • What are the factors that are expected to restrain the growth of the Electric Screwdriver market?
  • Which segment held the largest Electric Screwdriver market share in 2022?
  • Which Electric Screwdriver market segment is expected to grow at a high rate during the forecast period?

 

Key Offerings:

  • Past Market Size and Competitive Landscape (2018 to 2021)
  • Past Pricing and price curve by region (2018 to 2021)
  • Market Size, Share, Size & Forecast by different segment | 2022−2029
  • Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
  • Market Segmentation – A detailed analysis by segments 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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