Market Overview:
The global cordless battery screwdrivers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for cordless battery screwdrivers in construction, machinery, automotive and other applications. Additionally, the growing demand for lightweight and portable tools is also contributing to the growth of this market.
Product Definition:
A cordless battery screwdriver is a hand held power tool that uses an electric motor to rotate a chuck that holds a drill bit or driver bit. The cordless battery screwdriver gets its name from the fact that it does not require a power cord to operate, instead it uses batteries. Cordless battery screwdrivers are important because they are portable and can be used in tight spaces where traditional power tools cannot reach.
above 10V:
The voltage range of a battery is an important specification as it defines the performance and charging time. The higher the voltage, the more capacity (Amps) it can provide. A low voltage battery such as 3V can provide up to three amperes while a high end 9V can provide up to nine amperes.
4V to 10V:
The 4V to 10V is a voltage range that is used in electronic devices such as power screwdrivers. The normal 5 V battery supply can provide sufficient power for small electric tools, but if the tool requires more than usual current then it is recommended to use a special 4V or 6 V battery. These batteries are specially designed for high-drain applications and have higher capacity than normal batteries having voltage of 3Vs or 9Vs.
Application Insights:
The construction application segment led the global cordless battery screwdrivers market in 2017 and is projected to expand at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the increased use of electric power tools in construction activities such as remodeling, renovation and new home building. According to Construction Equipment Market Report (CEMR), published byodesigned by Black & Decker among other brands were the most sold products in 2017.
The machinery application segment accounted for 22.9% share of the total revenue in 2017 owing to increasing demand for industrial equipment including drilling, cutting and welding machines among others powered by electricity supplied through AC motors or DC motors coupled with growing industrialization across various regions including Asia Pacific, Latin America.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing demand for power tools in developing countries such as China and India. In addition, rising number of construction activities in these countries will drive product demand further.
North America cordless battery screwdrivers market is driven by growing preference for power tools among consumers. Moreover, presence of a large number of manufacturers coupled with high disposable income will support the region’s growth during the forecast period.
Growth Factors:
- Increasing demand for cordless battery screwdrivers in the automotive and construction industries due to the benefits offered such as portability and maneuverability.
- Growing popularity of DIY projects which require use of a cordless battery screwdriver for ease of operation.
- Development of more powerful and durable cordless battery screwdrivers that can handle heavier workloads.
- Rising awareness about the potential hazards associated with using traditional power tools, leading to an increase in demand for safer alternatives such as cordless battery screwdrivers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Cordless Battery Screwdrivers Market Research Report
By Type
above 10V, 4V to 10V, below 4V
By Application
Construction, Machinery, Automotive, Others
By Companies
Panasonic, Makita, Skil, Dewalt, Bosch, Milwaukee, Black + Decker, Hilti, RYOBI, Guild, Panasonic
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Cordless Battery Screwdrivers Market Report Segments:
The global Cordless Battery Screwdrivers market is segmented on the basis of:
Types
above 10V, 4V to 10V, below 4V
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
Construction, Machinery, Automotive, Others
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:
- Panasonic
- Makita
- Skil
- Dewalt
- Bosch
- Milwaukee
- Black + Decker
- Hilti
- RYOBI
- Guild
- Panasonic
Highlights of The Cordless Battery Screwdrivers 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:
- above 10V
- 4V to 10V
- below 4V
- By Application:
- Construction
- Machinery
- Automotive
- Others
- 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 Cordless Battery Screwdrivers 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
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?
Cordless battery screwdrivers are a type of power tool that use batteries to provide power. They are often used for tasks such as tightening screws or removing nails.
Some of the key players operating in the cordless battery screwdrivers market are Panasonic, Makita, Skil, Dewalt, Bosch, Milwaukee, Black + Decker, Hilti, RYOBI, Guild, Panasonic.
The cordless battery screwdrivers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cordless Battery Screwdrivers Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Cordless Battery Screwdrivers Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Cordless Battery Screwdrivers Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Cordless Battery Screwdrivers Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Cordless Battery Screwdrivers Market Size & Forecast, 2018-2028 4.5.1 Cordless Battery Screwdrivers Market Size and Y-o-Y Growth 4.5.2 Cordless Battery Screwdrivers Market Absolute $ Opportunity
Chapter 5 Global Cordless Battery Screwdrivers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Cordless Battery Screwdrivers Market Size Forecast by Type
5.2.1 above 10V
5.2.2 4V to 10V
5.2.3 below 4V
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cordless Battery Screwdrivers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Cordless Battery Screwdrivers Market Size Forecast by Applications
6.2.1 Construction
6.2.2 Machinery
6.2.3 Automotive
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cordless Battery Screwdrivers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Cordless Battery Screwdrivers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Cordless Battery Screwdrivers Analysis and Forecast
9.1 Introduction
9.2 North America Cordless Battery Screwdrivers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Cordless Battery Screwdrivers Market Size Forecast by Type
9.6.1 above 10V
9.6.2 4V to 10V
9.6.3 below 4V
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Cordless Battery Screwdrivers Market Size Forecast by Applications
9.10.1 Construction
9.10.2 Machinery
9.10.3 Automotive
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Cordless Battery Screwdrivers Analysis and Forecast
10.1 Introduction
10.2 Europe Cordless Battery Screwdrivers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Cordless Battery Screwdrivers Market Size Forecast by Type
10.6.1 above 10V
10.6.2 4V to 10V
10.6.3 below 4V
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Cordless Battery Screwdrivers Market Size Forecast by Applications
10.10.1 Construction
10.10.2 Machinery
10.10.3 Automotive
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Cordless Battery Screwdrivers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cordless Battery Screwdrivers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Cordless Battery Screwdrivers Market Size Forecast by Type
11.6.1 above 10V
11.6.2 4V to 10V
11.6.3 below 4V
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Cordless Battery Screwdrivers Market Size Forecast by Applications
11.10.1 Construction
11.10.2 Machinery
11.10.3 Automotive
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Cordless Battery Screwdrivers Analysis and Forecast
12.1 Introduction
12.2 Latin America Cordless Battery Screwdrivers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Cordless Battery Screwdrivers Market Size Forecast by Type
12.6.1 above 10V
12.6.2 4V to 10V
12.6.3 below 4V
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Cordless Battery Screwdrivers Market Size Forecast by Applications
12.10.1 Construction
12.10.2 Machinery
12.10.3 Automotive
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Cordless Battery Screwdrivers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cordless Battery Screwdrivers Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Cordless Battery Screwdrivers Market Size Forecast by Type
13.6.1 above 10V
13.6.2 4V to 10V
13.6.3 below 4V
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Cordless Battery Screwdrivers Market Size Forecast by Applications
13.10.1 Construction
13.10.2 Machinery
13.10.3 Automotive
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Cordless Battery Screwdrivers Market: Competitive Dashboard
14.2 Global Cordless Battery Screwdrivers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Panasonic
14.3.2 Makita
14.3.3 Skil
14.3.4 Dewalt
14.3.5 Bosch
14.3.6 Milwaukee
14.3.7 Black + Decker
14.3.8 Hilti
14.3.9 RYOBI
14.3.10 Guild
14.3.11 Panasonic