Market Overview:
The global cordless hammer drills 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 hammer drills in construction and decoration industries, and rising household applications. Based on type, the global cordless hammer drills market is segmented into 12V, 18V, 24V, and others segments. The 12V segment is expected to hold a major share of the global market during the forecast period owing to its low cost and easy portability. However, with technological advancements being made in this sector on a regular basis, 18V and 24 V segments are also projected to witness significant growth during the forecast period. Based on application, construction industry held a dominant share of more than 50% of total revenue generated by cordless hammer drill sales globally in 2017; however it is anticipated that decoration industry will exhibit highest CAGR over next 10 years as compared other applications such as automotive repair & maintenance etcetera .
Product Definition:
A cordless hammer drill is a type of drill that combines the functionality of a standard rotary drill with that of a hammer drill. This type of tool is especially useful for drilling into masonry or concrete, where the vibrations created by the hammering action help to break up the material. Cordless versions are also available, which eliminate the need for an extension cord.
12V:
12V is the voltage of a battery when fully charged it has a capacity of more than 1.2 million amperes per hour. It's used in cordless hammer drills, power toaster, electric toothbrushes and other electronic appliances that use small batteries.
18V:
18V is a voltage used in power tools that provide high performance and efficiency. 18Volt battery provides more power to the tool than 8V or 12V batteries. The higher voltage reduces the time of switching between low and high speed, helps in better performance, and increases durability of the product.
Application Insights:
The construction industry led the global cordless hammer drills market in 2017 and is expected to maintain its dominance over the forecast period. The rapid industrialization in developing countries such as India and China has created a huge demand for residential buildings, which has resulted in an increased number of construction projects across the globe. This development will further boost product demand during future years.
The household application segment is also estimated to witness significant growth over the next eight years owing to rising consumer disposable income levels coupled with increasing urbanization trends worldwide. Consumers are opting for products that offer superior performance along with user-friendly operating features, which Cordless Hammer Drill (CHD) does perfectly well since it offers premium quality at affordable prices without compromising on durability or power requirements needed while drilling holes into concrete or hard surfaces like tiles & stones among others.
Regional Analysis:
Asia Pacific cordless hammer drill market is expected to grow at the highest rate over the forecast period. The region’s growth can be attributed to increasing construction activities in countries, such as China and India. In addition, rising demand for household and industrial applications is anticipated to drive product demand in this region. Moreover, growing penetration of electric drills in developing economies has been fueling regional product demand over the past few years.
North America cordless hammer drill market was valued at USD X million in 2017 owing to high adoption rates of advanced technologies across various industries coupled with stringent regulations regarding safety standards implemented by regulatory bodies like OSHA and ANSI that have mandated installation of certain safety devices for employees working alone or without supervision on construction sites which are driving product adoption across these regions.
Growth Factors:
- Increasing demand for cordless hammer drills in the construction and automotive industries.
- Growing popularity of DIY projects and home improvement initiatives.
- Rising awareness about the benefits of using cordless hammer drills over traditional ones.
- Technological advancements in cordless hammer drill design and functionality.
- increasing number of online retail platforms offering a wide range of cordless hammer drills at competitive prices
Scope Of The Report
Report Attributes
Report Details
Report Title
Cordless Hammer Drills Market Research Report
By Type
12V, 18V, 24V, Others
By Application
Construction Industry, Decoration Industry, Household Application
By Companies
Bosch, Stanley Black & Decker (DeWalt), Metabo, Hilti, TTI, Makita, TOYA S.A., Wurth, Kobalt, HiKOKI, Chevron Group
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
167
Number of Tables & Figures
117
Customization Available
Yes, the report can be customized as per your need.
Global Cordless Hammer Drills Market Report Segments:
The global Cordless Hammer Drills market is segmented on the basis of:
Types
12V, 18V, 24V, Others
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 Industry, Decoration Industry, Household Application
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:
- Bosch
- Stanley Black & Decker (DeWalt)
- Metabo
- Hilti
- TTI
- Makita
- TOYA S.A.
- Wurth
- Kobalt
- HiKOKI
- Chevron Group
Highlights of The Cordless Hammer Drills 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:
- 12V
- 18V
- 24V
- Others
- By Application:
- Construction Industry
- Decoration Industry
- Household Application
- 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 Hammer Drills 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 hammer drills are a type of power tool that use batteries to provide power. They are often used for drilling, driving screws, and other tasks where a bit with more torque is needed than an electric drill can provide.
Some of the major companies in the cordless hammer drills market are Bosch, Stanley Black & Decker (DeWalt), Metabo, Hilti, TTI, Makita, TOYA S.A., Wurth, Kobalt, HiKOKI, Chevron Group.
The cordless hammer drills market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cordless Hammer Drills 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 Hammer Drills Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cordless Hammer Drills 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 Hammer Drills 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 Hammer Drills Market Size & Forecast, 2018-2028
4.5.1 Cordless Hammer Drills Market Size and Y-o-Y Growth
4.5.2 Cordless Hammer Drills Market Absolute $ Opportunity
Chapter 5 Global Cordless Hammer Drills 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 Hammer Drills Market Size Forecast by Type
5.2.1 12V
5.2.2 18V
5.2.3 24V
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cordless Hammer Drills 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 Hammer Drills Market Size Forecast by Applications
6.2.1 Construction Industry
6.2.2 Decoration Industry
6.2.3 Household Application
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cordless Hammer Drills 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 Hammer Drills 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 Hammer Drills Analysis and Forecast
9.1 Introduction
9.2 North America Cordless Hammer Drills 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 Hammer Drills Market Size Forecast by Type
9.6.1 12V
9.6.2 18V
9.6.3 24V
9.6.4 Others
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 Hammer Drills Market Size Forecast by Applications
9.10.1 Construction Industry
9.10.2 Decoration Industry
9.10.3 Household Application
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 Hammer Drills Analysis and Forecast
10.1 Introduction
10.2 Europe Cordless Hammer Drills 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 Hammer Drills Market Size Forecast by Type
10.6.1 12V
10.6.2 18V
10.6.3 24V
10.6.4 Others
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 Hammer Drills Market Size Forecast by Applications
10.10.1 Construction Industry
10.10.2 Decoration Industry
10.10.3 Household Application
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 Hammer Drills Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cordless Hammer Drills 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 Hammer Drills Market Size Forecast by Type
11.6.1 12V
11.6.2 18V
11.6.3 24V
11.6.4 Others
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 Hammer Drills Market Size Forecast by Applications
11.10.1 Construction Industry
11.10.2 Decoration Industry
11.10.3 Household Application
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 Hammer Drills Analysis and Forecast
12.1 Introduction
12.2 Latin America Cordless Hammer Drills 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 Hammer Drills Market Size Forecast by Type
12.6.1 12V
12.6.2 18V
12.6.3 24V
12.6.4 Others
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 Hammer Drills Market Size Forecast by Applications
12.10.1 Construction Industry
12.10.2 Decoration Industry
12.10.3 Household Application
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 Hammer Drills Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cordless Hammer Drills 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 Hammer Drills Market Size Forecast by Type
13.6.1 12V
13.6.2 18V
13.6.3 24V
13.6.4 Others
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 Hammer Drills Market Size Forecast by Applications
13.10.1 Construction Industry
13.10.2 Decoration Industry
13.10.3 Household Application
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 Hammer Drills Market: Competitive Dashboard
14.2 Global Cordless Hammer Drills Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Bosch
14.3.2 Stanley Black & Decker (DeWalt)
14.3.3 Metabo
14.3.4 Hilti
14.3.5 TTI
14.3.6 Makita
14.3.7 TOYA S.A.
14.3.8 Wurth
14.3.9 Kobalt
14.3.10 HiKOKI
14.3.11 Chevron Group
