Market Overview:
The global hand drill market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the hand drill market can be attributed to factors such as the increasing demand for manual and semi-automatic type hand drills from various applications, and the growing demand for hand drills from regions such as Asia Pacific and Middle East & Africa.
Product Definition:
A hand drill is a simple tool that consists of a spindle and a flywheel. It is used to create rotational motion by turning the spindle with your hands. This can be used to drill holes in materials like wood or metal, or to turn screws.
Manual Type:
Manual type hand drill is a power tool that consists of a handle, usually connected to a drilling mechanism by means of an electric cord or cable. The device is operated by manual force applied to the handle, and typically used for creating holes in various materials such as wood, plastic, and metal.
The global market for manual type hand drill is expected to witness significant growth over the forecast period owing to its increasing demand from end-use industries including construction & building equipment industry.
Semi-Automatic Type:
Semi-automatic type is also known as programmed or semi-active. It is a mechanical device that performs a series of strokes with the help of user’s inputted codes. The machine needs to be activated by some sort of sensor for each stroke, which makes it an automatic drill but not a fully automated one.
The major difference between this.
Application Insights:
The others application segment includes construction, carpentry and furniture making. The use of manual and electric drills has become common in the decoration industry owing to its ability to create designs with different types of sculptures as well as for general household purposes such as mounting pictures on walls or drilling holes for installing shelves. The semi-automatic type hand drill is most commonly used in this application owing to its ease of use along with a high level of precision required while drilling various small sized holes.
The sculpture application segment accounted for a significant market share by revenue in 2017 due to the growing popularity among consumers worldwide looking for unique art pieces at home or at their offices that can be proudly displayed. Handheld power tools are widely used by professional sculptors during the production process since it allows them greater control over smaller sculptures than other types of power tools do.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to witness a growth rate of 4.6% over the forecast period, owing to increasing construction activities and renovation projects in U.S., which will drive the demand for hand drills across various applications including decoration, sculpture, others. Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast years due to rapid urbanization and growing population in countries such as China and India that has led to increased construction activities across these nations driving product demand for drilling purpose.
Growth Factors:
- Increasing demand for hand drills from the automotive and construction industries
- Rising popularity of DIY projects among homeowners
- Growing demand for portable hand drills from professional contractors
- Advances in technology that have led to the development of more powerful and efficient hand drills
- The increasing number of online platforms that offer discounts on hand drill products
Scope Of The Report
Report Attributes
Report Details
Report Title
Hand Drill Market Research Report
By Type
Manual Type, Semi-Automatic Type
By Application
Decoration, Sculpture, Others
By Companies
Wurth, Phoenix Contact, Wiha Tools, SATA Tools, Stanley Hand Tools, Prokit's Industries, Endura Tools, Deli
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
184
Number of Tables & Figures
129
Customization Available
Yes, the report can be customized as per your need.
Global Hand Drill Market Report Segments:
The global Hand Drill market is segmented on the basis of:
Types
Manual Type, Semi-Automatic Type
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
Decoration, Sculpture, 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:
- Wurth
- Phoenix Contact
- Wiha Tools
- SATA Tools
- Stanley Hand Tools
- Prokit's Industries
- Endura Tools
- Deli
Highlights of The Hand Drill 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:
- Manual Type
- Semi-Automatic Type
- By Application:
- Decoration
- Sculpture
- 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 Hand Drill 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?
A hand drill is a tool used to create holes in various materials. It is typically powered by an electric motor, and can be used for a variety of purposes, such as drilling holes in wood or metal, making screws or bolts, or creating other small objects.
Some of the major companies in the hand drill market are Wurth, Phoenix Contact, Wiha Tools, SATA Tools, Stanley Hand Tools, Prokit's Industries, Endura Tools, Deli.
The hand drill 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 Hand Drill 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 Hand Drill Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hand Drill 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 Hand Drill 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 Hand Drill Market Size & Forecast, 2020-2028
4.5.1 Hand Drill Market Size and Y-o-Y Growth
4.5.2 Hand Drill Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Manual Type
5.2.2 Semi-Automatic Type
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Decoration
6.2.2 Sculpture
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hand Drill 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 Hand Drill 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Manual Type
9.6.2 Semi-Automatic Type
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 Market Size Forecast by Applications
9.10.1 Decoration
9.10.2 Sculpture
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Manual Type
10.6.2 Semi-Automatic Type
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 Market Size Forecast by Applications
10.10.1 Decoration
10.10.2 Sculpture
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Manual Type
11.6.2 Semi-Automatic Type
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 Market Size Forecast by Applications
11.10.1 Decoration
11.10.2 Sculpture
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Manual Type
12.6.2 Semi-Automatic Type
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 Market Size Forecast by Applications
12.10.1 Decoration
12.10.2 Sculpture
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Manual Type
13.6.2 Semi-Automatic Type
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) Market Size Forecast by Applications
13.10.1 Decoration
13.10.2 Sculpture
13.10.3 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 Hand Drill Market: Competitive Dashboard
14.2 Global Hand Drill Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Wurth
14.3.2 Phoenix Contact
14.3.3 Wiha Tools
14.3.4 SATA Tools
14.3.5 Stanley Hand Tools
14.3.6 Prokit's Industries
14.3.7 Endura Tools
14.3.8 Deli
