Market Overview:
The global battery-powered nutrunner market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for battery-powered nutrunners from various end-use industries, such as building, home decoration, and others. In addition, the growing awareness about the benefits of using battery-powered nutrunners is also contributing to the growth of this market. Based on type, the global battery-powered nutrunner market can be segmented into single head nutrunner, double headed nutrunner, and other types. The single headnutrunner segment is expected to dominate this market duringthe forecast period owingto its high demandfrom various end-use industries. Based on application,the globalbattery powerednut runnermarket can be divided intobuilding applications,, home decoration applications,, and otherapplications,.
Product Definition:
A battery-powered nutrunner is a tool that uses a battery to power an electric motor that drives a threaded shaft. This type of nutrunner is often used in applications where there is no available power source, such as in remote or difficult-to-reach locations.
Single Head Nutrunner:
Single Head Nutrunner is a kind of nut cracking device used to remove the nuts from a variety of fastener types such as wood, plastic, and metal. It uses an internal combustion engine-powered nut cracker that drives a single head with one or more arms. The arm(s) can be fixed in any position and are capable of exerting enough force to remove the nuts without damaging them.
Double Headed Nutrunner:
Double Headed Nutrunner is a device that helps in removing the first head of a nut or bolt easily. It uses two sets of blades to cut the material twice as fast as compared to single headed nutrunner. The product is mostly used in battery powered nutrunners where power cord can be attached for powering multiple tools from one source.
The double headed nutrunner has higher torque than its counterpart.
Application Insights:
Building application dominated the global market in 2017. The growth can be attributed to the increasing demand for construction equipment, such as nutrunners, from various segments of the building and construction industry. For instance, Stihl¢â‚¬â„¢s latest product line-up includes a cordless drill with a built-in nutrunner that helps in drilling holes without having to hold onto the drill bit. This has increased convenience while working and reduced fatigue on arms during long hours of work.
The home decoration segment is expected to grow at a CAGR of XX% over the forecast period owing to rising consumer spending on home dĩcor products such as power tools for gardening and lawn care applications.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing demand for nutrunners from countries, such as China, Japan, India and South Korea. Asia Pacific construction industry is anticipated to witness significant growth owing to rising population in these countries which will drive product demand further.
North America accounted for a major share of revenue in 2017 due to growing construction activities coupled with increased spending on home d©cor products across U.S., Canada and Mexico.
Growth Factors:
- Increasing demand for electric vehicles: The global market for electric vehicles is expected to grow at a CAGR of more than 20% during the forecast period. This will lead to an increase in the demand for battery-powered nutrunners, as they are used extensively in the assembly of electric vehicles.
- Growing popularity of cordless tools: Cordless tools are becoming increasingly popular due to their convenience and portability. This is likely to lead to an increase in the demand for battery-powered nutrunners, as they are a type of cordless tool.
- Rising investment in industrial automation: Industrial automation is growing at a rapid pace, owing to the increasing need for efficiency and productivity in factories and manufacturing plants. This is likely to result in an increase in the demand for battery-powered nutrunners, as they are essential components of industrial automation systems.
- Proliferation of smart factories: A “smart factory” refers to a facility that incorporates advanced technologies such as robotics, artificial intelligence (AI), and machine learning into its production process control system). The proliferation of smart factories is expected to drive growth prospects for the battery-powered nutrunner market during the forecast period 2019–2025 . 5) Technological advancements: Battery-powered nutrunners have undergone significant technological advancements over recent years, with manufacturers focusing on developing products that offer improved performance and longer run times
Scope Of The Report
Report Attributes
Report Details
Report Title
Battery-Powered Nutrunner Market Research Report
By Type
Single Head Nutrunner, Double Headed Nutrunner, Other
By Application
Building, Home Decoration, Other
By Companies
AIMCO, Alki TECHNIK GmbH, Atlas Copco Industrial Technique, Bosch Production Tools, Desoutter Industrial Tools, Estic Corporation, Rami Yokota B.V., ...
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Battery-Powered Nutrunner Market Report Segments:
The global Battery-Powered Nutrunner market is segmented on the basis of:
Types
Single Head Nutrunner, Double Headed Nutrunner, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Building, Home Decoration, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- AIMCO
- Alki TECHNIK GmbH
- Atlas Copco Industrial Technique
- Bosch Production Tools
- Desoutter Industrial Tools
- Estic Corporation
- Rami Yokota B.V.
- ...
Highlights of The Battery-Powered Nutrunner Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Head Nutrunner
- Double Headed Nutrunner
- Other
- By Application:
- Building
- Home Decoration
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Battery-Powered Nutrunner Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Battery-powered nutrunner is a tool that helps you tighten screws and bolts in tight spaces. It has a built-in battery, so you can use it anywhere there is an outlet.
Some of the major players in the battery-powered nutrunner market are AIMCO, Alki TECHNIK GmbH, Atlas Copco Industrial Technique, Bosch Production Tools, Desoutter Industrial Tools, Estic Corporation, Rami Yokota B.V..
The battery-powered nutrunner market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Battery-Powered Nutrunner Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Battery-Powered Nutrunner Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Battery-Powered Nutrunner Market - Supply Chain
4.5. Global Battery-Powered Nutrunner Market Forecast
4.5.1. Battery-Powered Nutrunner Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Battery-Powered Nutrunner Market Size (000 Units) and Y-o-Y Growth
4.5.3. Battery-Powered Nutrunner Market Absolute $ Opportunity
5. Global Battery-Powered Nutrunner Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Battery-Powered Nutrunner Market Size and Volume Forecast by Type
5.3.1. Single Head Nutrunner
5.3.2. Double Headed Nutrunner
5.3.3. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Battery-Powered Nutrunner Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Battery-Powered Nutrunner Market Size and Volume Forecast by Application
6.3.1. Building
6.3.2. Home Decoration
6.3.3. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Battery-Powered Nutrunner Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Battery-Powered Nutrunner Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Battery-Powered Nutrunner Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Battery-Powered Nutrunner Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Battery-Powered Nutrunner Demand Share Forecast, 2019-2029
9. North America Battery-Powered Nutrunner Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Battery-Powered Nutrunner Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Battery-Powered Nutrunner Market Size and Volume Forecast by Application
9.4.1. Building
9.4.2. Home Decoration
9.4.3. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Battery-Powered Nutrunner Market Size and Volume Forecast by Type
9.7.1. Single Head Nutrunner
9.7.2. Double Headed Nutrunner
9.7.3. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Battery-Powered Nutrunner Demand Share Forecast, 2019-2029
10. Latin America Battery-Powered Nutrunner Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Battery-Powered Nutrunner Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Battery-Powered Nutrunner Market Size and Volume Forecast by Application
10.4.1. Building
10.4.2. Home Decoration
10.4.3. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Battery-Powered Nutrunner Market Size and Volume Forecast by Type
10.7.1. Single Head Nutrunner
10.7.2. Double Headed Nutrunner
10.7.3. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Battery-Powered Nutrunner Demand Share Forecast, 2019-2029
11. Europe Battery-Powered Nutrunner Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Battery-Powered Nutrunner Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Battery-Powered Nutrunner Market Size and Volume Forecast by Application
11.4.1. Building
11.4.2. Home Decoration
11.4.3. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Battery-Powered Nutrunner Market Size and Volume Forecast by Type
11.7.1. Single Head Nutrunner
11.7.2. Double Headed Nutrunner
11.7.3. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Battery-Powered Nutrunner Demand Share, 2019-2029
12. Asia Pacific Battery-Powered Nutrunner Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Battery-Powered Nutrunner Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Battery-Powered Nutrunner Market Size and Volume Forecast by Application
12.4.1. Building
12.4.2. Home Decoration
12.4.3. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Battery-Powered Nutrunner Market Size and Volume Forecast by Type
12.7.1. Single Head Nutrunner
12.7.2. Double Headed Nutrunner
12.7.3. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Battery-Powered Nutrunner Demand Share, 2019-2029
13. Middle East & Africa Battery-Powered Nutrunner Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Battery-Powered Nutrunner Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Battery-Powered Nutrunner Market Size and Volume Forecast by Application
13.4.1. Building
13.4.2. Home Decoration
13.4.3. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Battery-Powered Nutrunner Market Size and Volume Forecast by Type
13.7.1. Single Head Nutrunner
13.7.2. Double Headed Nutrunner
13.7.3. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Battery-Powered Nutrunner Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Battery-Powered Nutrunner Market: Market Share Analysis
14.2. Battery-Powered Nutrunner Distributors and Customers
14.3. Battery-Powered Nutrunner Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. AIMCO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Alki TECHNIK GmbH
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Atlas Copco Industrial Technique
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Bosch Production Tools
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Desoutter Industrial Tools
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Estic Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rami Yokota B.V.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ...
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
