Market Overview:
The global motor for power tools 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 power tools, especially in developing countries. Additionally, the growing awareness about the benefits of using brushless motors is also contributing to the growth of this market. The global motor for power tools market can be segmented on the basis of type into brushed motors and brushless motors. The brushed motor segment is expected to account for a major share of the global market during the forecast period owing to its low cost and easy availability. However, brushless motors are gaining popularity due their high efficiency and longer life span as compared with brushed motors. On the basis of application,the global motor for power toolsmarket can be divided into chainsaws, impact spanners,power drillsand others (including jigsawsand circular saws).
Product Definition:
A motor is a device that converts electrical energy into mechanical energy. Motors are used in power tools to turn the gears that rotate the tool's bit or blade. The importance of a motor in a power tool is that it provides the power necessary to do work.
Brushed Motor:
Brushed motors are small, portable and inexpensive. They are widely used in hand-held power tools such as drills, saws and grinders for their compact size and low cost. The growth factor responsible for the growth of brushed motor is its application in low-cost hand held power tools that have become a necessity to finish the work faster in construction sites, workshops etc.
Brushless Motor:
Brushless motor is a self-contained electric motor that uses permanent magnetic field for generating mechanical force without the need for using brushes to transfer power to rotary motion. The absence of brushes eliminates the risk of sparks and fires associated with conventional motors, thereby increasing its safety profile in industrial applications. Brushless motors are used in various industries such as automotive, aerospace & defense, construction equipment and material handling equipment among others owing to their high efficiency at low speeds along with less noise production characteristics.
Application Insights:
The chainsaw application segment led the global motor for power tools market in 2017. The product is widely used in this application as it provides better performance and efficiency than other products. Chainsaws are used to cut through thick tree limbs, branches, wood & brush and also for clearing bushes & scrub land. Rising demand for these products due to rising disposable income of consumers coupled with high growth of the construction industry is expected to drive the chainsaw segment over the forecast period.
The impact spanners are anticipated to be one of the fastest-growing segments during the forecast period owing to increasing utilization of these tools in various applications including automotive, construction and agriculture among others.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in industrial activities, which is subsequently driving the demand for power tools. Moreover, rising disposable income levels and improving standards of living are also contributing to increased product sales across this region.
The North American regional market accounted for a significant share of global revenue in 2017 owing to growing product adoption across construction, automotive, aerospace & defense industries. However, strict government regulations regarding emission control limits may hinder industry growth over the next eight years.
Growth Factors:
- Increasing demand for power tools from construction and automotive industries
- Rising popularity of DIY projects and home improvement activities
- Growing awareness about the benefits of using power tools
- Technological advancements in power tool design and functionality
- Proliferation of online platforms that offer discounts on power tools
Scope Of The Report
Report Attributes
Report Details
Report Title
Motor for Power Tools Market Research Report
By Type
Brushed Motor, Brushless Motor
By Application
Chainsaws, Impact Spanners, Power Drills, Others
By Companies
Johnson Electric, Metabo, Koki Holdings Co., Ltd, Maxon Group, FEIN Power Tools, Dayton, CHIAPHUA Components, Kangping Technology, Portescap, Honlite, Shengzhou Yongsheng Motor Manufacturing
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
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Motor for Power Tools Market Report Segments:
The global Motor for Power Tools market is segmented on the basis of:
Types
Brushed Motor, Brushless Motor
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
Chainsaws, Impact Spanners, Power Drills, 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:
- Johnson Electric
- Metabo
- Koki Holdings Co., Ltd
- Maxon Group
- FEIN Power Tools
- Dayton
- CHIAPHUA Components
- Kangping Technology
- Portescap
- Honlite
- Shengzhou Yongsheng Motor Manufacturing
Highlights of The Motor for Power Tools 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:
- Brushed Motor
- Brushless Motor
- By Application:
- Chainsaws
- Impact Spanners
- Power Drills
- 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 Motor for Power Tools 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 motor for power tools is a device that converts mechanical energy into electrical energy to operate the tool.
Some of the major players in the motor for power tools market are Johnson Electric, Metabo, Koki Holdings Co., Ltd, Maxon Group, FEIN Power Tools, Dayton, CHIAPHUA Components, Kangping Technology, Portescap, Honlite, Shengzhou Yongsheng Motor Manufacturing.
The motor for power tools 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 Motor for Power Tools 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 Motor for Power Tools Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Motor for Power Tools 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 Motor for Power Tools 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 Motor for Power Tools Market Size & Forecast, 2018-2028
4.5.1 Motor for Power Tools Market Size and Y-o-Y Growth
4.5.2 Motor for Power Tools Market Absolute $ Opportunity
Chapter 5 Global Motor for Power Tools 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 Motor for Power Tools Market Size Forecast by Type
5.2.1 Brushed Motor
5.2.2 Brushless Motor
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Motor for Power Tools 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 Motor for Power Tools Market Size Forecast by Applications
6.2.1 Chainsaws
6.2.2 Impact Spanners
6.2.3 Power Drills
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Motor for Power Tools 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 Motor for Power Tools 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 Motor for Power Tools Analysis and Forecast
9.1 Introduction
9.2 North America Motor for Power Tools 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 Motor for Power Tools Market Size Forecast by Type
9.6.1 Brushed Motor
9.6.2 Brushless Motor
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 Motor for Power Tools Market Size Forecast by Applications
9.10.1 Chainsaws
9.10.2 Impact Spanners
9.10.3 Power Drills
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 Motor for Power Tools Analysis and Forecast
10.1 Introduction
10.2 Europe Motor for Power Tools 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 Motor for Power Tools Market Size Forecast by Type
10.6.1 Brushed Motor
10.6.2 Brushless Motor
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 Motor for Power Tools Market Size Forecast by Applications
10.10.1 Chainsaws
10.10.2 Impact Spanners
10.10.3 Power Drills
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 Motor for Power Tools Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Motor for Power Tools 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 Motor for Power Tools Market Size Forecast by Type
11.6.1 Brushed Motor
11.6.2 Brushless Motor
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 Motor for Power Tools Market Size Forecast by Applications
11.10.1 Chainsaws
11.10.2 Impact Spanners
11.10.3 Power Drills
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 Motor for Power Tools Analysis and Forecast
12.1 Introduction
12.2 Latin America Motor for Power Tools 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 Motor for Power Tools Market Size Forecast by Type
12.6.1 Brushed Motor
12.6.2 Brushless Motor
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 Motor for Power Tools Market Size Forecast by Applications
12.10.1 Chainsaws
12.10.2 Impact Spanners
12.10.3 Power Drills
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) Motor for Power Tools Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Motor for Power Tools 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) Motor for Power Tools Market Size Forecast by Type
13.6.1 Brushed Motor
13.6.2 Brushless Motor
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) Motor for Power Tools Market Size Forecast by Applications
13.10.1 Chainsaws
13.10.2 Impact Spanners
13.10.3 Power Drills
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 Motor for Power Tools Market: Competitive Dashboard
14.2 Global Motor for Power Tools Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Johnson Electric
14.3.2 Metabo
14.3.3 Koki Holdings Co., Ltd
14.3.4 Maxon Group
14.3.5 FEIN Power Tools
14.3.6 Dayton
14.3.7 CHIAPHUA Components
14.3.8 Kangping Technology
14.3.9 Portescap
14.3.10 Honlite
14.3.11 Shengzhou Yongsheng Motor Manufacturing
