Market Overview:
The global self-feeding screwdrivers market is expected to grow at a CAGR of 5.5% during the forecast period 2018-2030. The market growth can be attributed to the increasing demand for self-feeding screwdrivers in the electronics and auto industries. Additionally, the growing demand for miniaturized and lightweight devices is also propelling the growth of this market. However, factors such as high initial investment and lack of awareness about these tools are restraining its growth. On the basis of type, full-automatic self-feeding screwdrivers held a major share in 2017 and is expected to maintain its dominance during the forecast period owing to their ease of operation and higher efficiency as compared to semi-automatic ones. On account of their rising popularity among end users, especially in developed countries such as Europe and North America, Asia Pacific is anticipated to be one of fastest growing regions for full automatic self feeding screwdriver over next few years . Based on application, electronics industry accounted for majority share in 2017 due high adoption rate across various applications such as smartphones , laptops , tablets etc . Furthermore , with increasing penetration rateof smart devices globally coupled with miniaturization trend across different product segments would spur demandforself feeding screws driversin coming years . In terms ot automotive industry , it constitutes second largest application segment due stringent safety norms & regulations followed by OEMs worldwide .
Product Definition:
A self-feeding screwdriver is a tool that helps drive screws into a surface. The screwdriver has a mechanism that automatically feeds screws into the driver bit, eliminating the need to hold the screw in place while driving it. This can be helpful when working with multiple screws or when driving screws in difficult-to-reach places.
Full-automatic Self-feeding Screwdrivers:
Full-automatic self-feeding screwdrivers are the latest trend in the market and have been gaining significant acceptance among end users. The growth of this segment can be attributed to several factors including ease of operation, efficiency, high rate of production, and low cost as compared to manual feeding devices.
Semi-automatic Self-feeding Screwdrivers:
Self-feeding screwdrivers are used in various applications such as assembly of electronic devices, automotive and construction. The increasing demand for automated production is expected to drive the market over the forecast period.
The growing automation in industries such as automotive, electronics and medical is expected to be a key factor driving semi-automatic self-feeding screwdrivers market growth over the next seven years.
Application Insights:
The electronics industry accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. Electronics manufacturing requires a high number of screws, as they are used to assemble various components together. The growth of this application segment can be attributed to increasing consumer spending on electronic devices, such as smartphones, laptops and cameras. Moreover, technological advancements in self-feeding screwdrivers help reduce human efforts by automating the process of feeding screws into machines or assembly lines at industrial scale level. This factor is likely to drive product demand from 2018 to 2030 globally.
The automotive industry was estimated at USD 2 billion in 2017.
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 strong growth in several industries, such as construction, automotive, electronics and others. This growth is attributed to increasing disposable income coupled with a large population base that requires constant hardware replacement for their household appliances. China led Asia Pacific regional market owing to rapid industrialization along with an increase in foreign investments across various sectors including construction equipment manufacturing and automobile production have fueled the product demand across this region.
The Middle East & Africa is anticipated to witness significant growth over the forecast period owing to rising government initiatives for infrastructure development along with increasing consumer spending on home improvement projects such as kitchen remodeling or bathroom renovation which require basic tools like screwdrivers are likely drive product demand across this region Screwdriver sales were estimated at USD X million globally (based on revenue from 2014) by International Trade Administration (ITA). The U.
Growth Factors:
- Increasing demand for self-feeding screwdrivers in the automotive and construction industries due to their high efficiency and ease of use.
- Growing popularity of DIY projects and home improvement initiatives, which is driving demand for self-feeding screwdrivers among consumers.
- Rising awareness about the benefits of using self-feeding screwdrivers, which is resulting in an increase in their adoption across various end-use applications.
- Technological advancements that have led to the development of more advanced and efficient models of self-feeding screwdrivers, thereby enhancing their appeal among consumers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Self-feeding Screwdrivers Market Research Report
By Type
Full-automatic Self-feeding Screwdrivers, Semi-automatic Self-feeding Screwdrivers
By Application
Electronics Industry, Auto Industry, Others
By Companies
BOSCH, Ingersoll Rand, Atlas Copco, Strongtie, Dixon Automatic, Mountz, Worx, Sumake, Black & Decker, GEVO GmbH, Makita
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
136
Number of Tables & Figures
96
Customization Available
Yes, the report can be customized as per your need.
Global Self-feeding Screwdrivers Market Report Segments:
The global Self-feeding Screwdrivers market is segmented on the basis of:
Types
Full-automatic Self-feeding Screwdrivers, Semi-automatic Self-feeding Screwdrivers
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
Electronics Industry, Auto Industry, 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:
- BOSCH
- Ingersoll Rand
- Atlas Copco
- Strongtie
- Dixon Automatic
- Mountz
- Worx
- Sumake
- Black & Decker
- GEVO GmbH
- Makita
Highlights of The Self-feeding 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:
- Full-automatic Self-feeding Screwdrivers
- Semi-automatic Self-feeding Screwdrivers
- By Application:
- Electronics Industry
- Auto Industry
- 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 Self-feeding 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?
Self-feeding screwdrivers are a type of hand tool that have a built-in mechanism that automatically feeds the screwdriver blade into the screws. This makes it easier to tighten screws and prevents them from becoming loose.
Some of the key players operating in the self-feeding screwdrivers market are BOSCH, Ingersoll Rand, Atlas Copco, Strongtie, Dixon Automatic, Mountz, Worx, Sumake, Black & Decker, GEVO GmbH, Makita.
The self-feeding 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 Self-feeding 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 Self-feeding Screwdrivers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Self-feeding 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 Self-feeding 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 Self-feeding Screwdrivers Market Size & Forecast, 2018-2028
4.5.1 Self-feeding Screwdrivers Market Size and Y-o-Y Growth
4.5.2 Self-feeding Screwdrivers Market Absolute $ Opportunity
Chapter 5 Global Self-feeding 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 Self-feeding Screwdrivers Market Size Forecast by Type
5.2.1 Full-automatic Self-feeding Screwdrivers
5.2.2 Semi-automatic Self-feeding Screwdrivers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Self-feeding 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 Self-feeding Screwdrivers Market Size Forecast by Applications
6.2.1 Electronics Industry
6.2.2 Auto Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Self-feeding 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 Self-feeding 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 Self-feeding Screwdrivers Analysis and Forecast
9.1 Introduction
9.2 North America Self-feeding 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 Self-feeding Screwdrivers Market Size Forecast by Type
9.6.1 Full-automatic Self-feeding Screwdrivers
9.6.2 Semi-automatic Self-feeding Screwdrivers
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 Self-feeding Screwdrivers Market Size Forecast by Applications
9.10.1 Electronics Industry
9.10.2 Auto Industry
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 Self-feeding Screwdrivers Analysis and Forecast
10.1 Introduction
10.2 Europe Self-feeding 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 Self-feeding Screwdrivers Market Size Forecast by Type
10.6.1 Full-automatic Self-feeding Screwdrivers
10.6.2 Semi-automatic Self-feeding Screwdrivers
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 Self-feeding Screwdrivers Market Size Forecast by Applications
10.10.1 Electronics Industry
10.10.2 Auto Industry
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 Self-feeding Screwdrivers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Self-feeding 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 Self-feeding Screwdrivers Market Size Forecast by Type
11.6.1 Full-automatic Self-feeding Screwdrivers
11.6.2 Semi-automatic Self-feeding Screwdrivers
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 Self-feeding Screwdrivers Market Size Forecast by Applications
11.10.1 Electronics Industry
11.10.2 Auto Industry
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 Self-feeding Screwdrivers Analysis and Forecast
12.1 Introduction
12.2 Latin America Self-feeding 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 Self-feeding Screwdrivers Market Size Forecast by Type
12.6.1 Full-automatic Self-feeding Screwdrivers
12.6.2 Semi-automatic Self-feeding Screwdrivers
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 Self-feeding Screwdrivers Market Size Forecast by Applications
12.10.1 Electronics Industry
12.10.2 Auto Industry
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) Self-feeding Screwdrivers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Self-feeding 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) Self-feeding Screwdrivers Market Size Forecast by Type
13.6.1 Full-automatic Self-feeding Screwdrivers
13.6.2 Semi-automatic Self-feeding Screwdrivers
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) Self-feeding Screwdrivers Market Size Forecast by Applications
13.10.1 Electronics Industry
13.10.2 Auto Industry
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 Self-feeding Screwdrivers Market: Competitive Dashboard
14.2 Global Self-feeding Screwdrivers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BOSCH
14.3.2 Ingersoll Rand
14.3.3 Atlas Copco
14.3.4 Strongtie
14.3.5 Dixon Automatic
14.3.6 Mountz
14.3.7 Worx
14.3.8 Sumake
14.3.9 Black & Decker
14.3.10 GEVO GmbH
14.3.11 Makita
