Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Electric Torque Screwdriver Market by Type (Cordless, Corded), By Application (Industrial, Household) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Electric Torque Screwdriver Market by Type (Cordless, Corded), By Application (Industrial, Household) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 166415 3300 Machinery & Equipment 377 231 Pages 4.6 (35)
                                          

Market Overview:


The global electric torque screwdriver market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the electric torque screwdriver market can be attributed to the increasing demand for cordless electric torque screwdrivers from industrial and household applications. Additionally, the growing demand for precision-driven tools is also contributing to the growth of this market. North America dominates the global electric torque screwdriver market, followed by Europe and Asia Pacific.


Global Electric Torque Screwdriver Industry Outlook


Product Definition:


An electric torque screwdriver is a tool that uses an electric motor to apply rotational force to a screw, turning it. Electric torque screwdrivers are used in applications where high levels of torque are required, such as in the automotive or aerospace industries. They can also be used for general purpose tasks such as tightening screws on furniture or appliances. Electric torque screwdrivers are important tools because they provide a high level of accuracy and precision when applying torque to screws, which is critical in many industrial and commercial applications.


Cordless:


Cordless electric torque screwdrivers are the latest trend in power tool technology. The market is expected to grow at a significant rate owing to several factors such as growing construction industry, rapid industrialization and urbanization, changing consumer lifestyle coupled with increasing government support for infrastructural development across the globe. Cordless electric torque screwdrivers have been gaining popularity among consumers due to its convenience of usage and reduced chances of getting injured compared to traditional tools.


Corded:


Corded electric torque screwdrivers are the most common type of electric torque screwdrivers. They are widely used in automotive, electronics and other industries due to their benefits such as high efficiency and less time consumption. The market for cordless electric torque screwdriver is expected to witness significant growth over the forecast period owing to its increasing demand from industrial applications where there is no power supply from outside the facility.


Application Insights:


The industrial application segment accounted for the largest share of over 50% in 2017. The demand is expected to be driven by the growing automotive and construction industries. Industrial electric torque screwdrivers are used for various applications including metal working, assembly, drilling and fastening. Growing automotive industry across the globe is likely to propel product demand in industrial applications over next few years.


The household application segment was valued at USD 281 million in 2017 owing to increasing use of electric torque screwdrivers by DIY enthusiasts and home repair professionals globally.


Regional Analysis:


Asia Pacific held the largest market share in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, such as China and India, which are among the top 10 manufacturing hubs globally. Growing industrialization coupled with increasing foreign investments in these countries has led to a significant rise in demand for electric torque screwdrivers over the past few years.


The Asia Pacific regional market was followed by Europe, which accounted for more than 25% of global revenue share in 2017 owing to high product adoption across various applications including household and industrial sectors.


Growth Factors:


  • Increasing demand for electric torque screwdriver in automotive and aerospace industry
  • Rising popularity of electric torque screwdriver among DIY enthusiasts and professional users
  • Growing demand for cordless electric torque screwdrivers
  • Technological advancements in electric torque screwdriver design and functionality
  • Increasing adoption of electric torque screwdrivers in construction and manufacturing industries

Scope Of The Report

Report Attributes

Report Details

Report Title

Electric Torque Screwdriver Market Research Report

By Type

Cordless, Corded

By Application

Industrial, Household

By Companies

Stanley Black & Decker, Bosch, Makita, Kolver, Greenlee (Emerson), FEIN, Dongcheng, Hitachi, Hilti, Kawasaki, Ozito, Dixon Automatic, Mountz, Ingersoll Rand, Gedore-Torque

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

231

Number of Tables & Figures

162

Customization Available

Yes, the report can be customized as per your need.


Global Electric Torque Screwdriver Market Report Segments:

The global Electric Torque Screwdriver market is segmented on the basis of:

Types

Cordless, Corded

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

Industrial, Household

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:

  1. Stanley Black & Decker
  2. Bosch
  3. Makita
  4. Kolver
  5. Greenlee (Emerson)
  6. FEIN
  7. Dongcheng
  8. Hitachi
  9. Hilti
  10. Kawasaki
  11. Ozito
  12. Dixon Automatic
  13. Mountz
  14. Ingersoll Rand
  15. Gedore-Torque

Global Electric Torque Screwdriver Market Overview


Highlights of The Electric Torque Screwdriver Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. Cordless
    2. Corded
  1. By Application:

    1. Industrial
    2. Household
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Electric Torque Screwdriver 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
  • Channel & Customer Management
  • Identifying Appropriate Advertising Appeals

Global Electric Torque Screwdriver Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?


An electric torque screwdriver is a tool that uses an electric motor to turn screws. It is often used in construction and repair work, as it allows for more precise and consistent screwdriving than traditional hand tools.

Some of the major companies in the electric torque screwdriver market are Stanley Black & Decker, Bosch, Makita, Kolver, Greenlee (Emerson), FEIN, Dongcheng, Hitachi, Hilti, Kawasaki, Ozito, Dixon Automatic, Mountz, Ingersoll Rand, Gedore-Torque.

The electric torque screwdriver market is expected to register a CAGR of 5.5%.

                                            
1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Electric Torque Screwdriver 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. Electric Torque Screwdriver Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Electric Torque Screwdriver Market - Supply Chain
   4.5. Global Electric Torque Screwdriver Market Forecast
      4.5.1. Electric Torque Screwdriver Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Electric Torque Screwdriver Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Electric Torque Screwdriver Market Absolute $ Opportunity

5. Global Electric Torque Screwdriver 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. Electric Torque Screwdriver Market Size and Volume Forecast by Type
      5.3.1. Cordless
      5.3.2. Corded
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Electric Torque Screwdriver 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. Electric Torque Screwdriver Market Size and Volume Forecast by Application
      6.3.1. Industrial
      6.3.2. Household
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Electric Torque Screwdriver 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. Electric Torque Screwdriver 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 Electric Torque Screwdriver 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. Electric Torque Screwdriver 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 Electric Torque Screwdriver Demand Share Forecast, 2019-2026

9. North America Electric Torque Screwdriver 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 Electric Torque Screwdriver 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 Electric Torque Screwdriver Market Size and Volume Forecast by Application
      9.4.1. Industrial
      9.4.2. Household
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Electric Torque Screwdriver Market Size and Volume Forecast by Type
      9.7.1. Cordless
      9.7.2. Corded
   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 Electric Torque Screwdriver Demand Share Forecast, 2019-2026

10. Latin America Electric Torque Screwdriver 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 Electric Torque Screwdriver 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 Electric Torque Screwdriver Market Size and Volume Forecast by Application
      10.4.1. Industrial
      10.4.2. Household
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Electric Torque Screwdriver Market Size and Volume Forecast by Type
      10.7.1. Cordless
      10.7.2. Corded
   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 Electric Torque Screwdriver Demand Share Forecast, 2019-2026

11. Europe Electric Torque Screwdriver 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 Electric Torque Screwdriver 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 Electric Torque Screwdriver Market Size and Volume Forecast by Application
      11.4.1. Industrial
      11.4.2. Household
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Electric Torque Screwdriver Market Size and Volume Forecast by Type
      11.7.1. Cordless
      11.7.2. Corded
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-Y Growth Projetions 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 Electric Torque Screwdriver Demand Share, 2019-2026

12. Asia Pacific Electric Torque Screwdriver 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 Electric Torque Screwdriver 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 Electric Torque Screwdriver Market Size and Volume Forecast by Application
      12.4.1. Industrial
      12.4.2. Household
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Electric Torque Screwdriver Market Size and Volume Forecast by Type
      12.7.1. Cordless
      12.7.2. Corded
   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 Electric Torque Screwdriver Demand Share, 2019-2026

13. Middle East & Africa Electric Torque Screwdriver 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 Electric Torque Screwdriver 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 Electric Torque Screwdriver Market Size and Volume Forecast by Application
      13.4.1. Industrial
      13.4.2. Household
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Electric Torque Screwdriver Market Size and Volume Forecast by Type
      13.7.1. Cordless
      13.7.2. Corded
   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 Electric Torque Screwdriver Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Electric Torque Screwdriver Market: Market Share Analysis
   14.2. Electric Torque Screwdriver Distributors and Customers
   14.3. Electric Torque Screwdriver Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. Stanley Black & Decker
         14.4.1.1. Overview
         14.4.1.2. Financials
         14.4.1.3. Developments
         14.4.1.4. Strategic Outlook
      14.4.2. Bosch
         14.4.2.1. Overview
         14.4.2.2. Financials
         14.4.2.3. Developments
         14.4.2.4. Strategic Outlook
      14.4.3. Makita
         14.4.3.1. Overview
         14.4.3.2. Financials
         14.4.3.3. Developments
         14.4.3.4. Strategic Outlook
      14.4.4. Kolver
         14.4.4.1. Overview
         14.4.4.2. Financials
         14.4.4.3. Developments
         14.4.4.4. Strategic Outlook
      14.4.5. Greenlee (Emerson)
         14.4.5.1. Overview
         14.4.5.2. Financials
         14.4.5.3. Developments
         14.4.5.4. Strategic Outlook
      14.4.6. FEIN
         14.4.6.1. Overview
         14.4.6.2. Financials
         14.4.6.3. Developments
         14.4.6.4. Strategic Outlook
      14.4.7. Dongcheng
         14.4.7.1. Overview
         14.4.7.2. Financials
         14.4.7.3. Developments
         14.4.7.4. Strategic Outlook
      14.4.8. Hitachi
         14.4.8.1. Overview
         14.4.8.2. Financials
         14.4.8.3. Developments
         14.4.8.4. Strategic Outlook
      14.4.9. Hilti
         14.4.9.1. Overview
         14.4.9.2. Financials
         14.4.9.3. Developments
         14.4.9.4. Strategic Outlook
      14.4.10. Kawasaki
         14.4.10.1. Overview
         14.4.10.2. Financials
         14.4.10.3. Developments
         14.4.10.4. Strategic Outlook
      14.4.11. Ozito
         14.4.11.1. Overview
         14.4.11.2. Financials
         14.4.11.3. Developments
         14.4.11.4. Strategic Outlook
      14.4.12. Dixon Automatic
         14.4.12.1. Overview
         14.4.12.2. Financials
         14.4.12.3. Developments
         14.4.12.4. Strategic Outlook
      14.4.13. Mountz
         14.4.13.1. Overview
         14.4.13.2. Financials
         14.4.13.3. Developments
         14.4.13.4. Strategic Outlook
      14.4.14. Ingersoll Rand
         14.4.14.1. Overview
         14.4.14.2. Financials
         14.4.14.3. Developments
         14.4.14.4. Strategic Outlook
      14.4.15. Gedore-Torque
         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

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