Market Overview:
The global handheld electric nutrunner 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 handheld electric nutrunners in automotive and transportation applications. Additionally, the growing demand for machining equipment in various end-use industries is also propelling the growth of the global handheld electric nutrunner market. On the basis of type,the global handheld electric nutrunner market can be segmented into pistol type,angle type,and straight type. Of these,the angle type segment is expected to witness highest growth during the forecast period owing to its high accuracy and precision levels as compared to other types of handheld electric nutrunners. Based on application,the global handheld electric nutrunner market can be divided into automotive,transportation,machinery manufacturing and other applications segments.
Product Definition:
A handheld electric nutrunner is a tool used to tighten or loosen bolts and nuts. It consists of a power tool with an attached socket wrench that fits the bolt or nut to be tightened or loosened. The importance of handheld electric nutrunners is that they provide a more efficient way to tighten or loosen bolts and nuts than using traditional hand tools.
Pistol Type:
Pistol type is the most common hand-held electric nutrunner. It's a tool that helps in removing and replacing electrical nuts and bolts. The market for this product is driven by factors such as growing construction industry, rising demand for consumer electronics, automotive industry growth due to its use in manufacturing vehicles.
The global market size spans application areas including construction equipment & machinery, automotive & transportation, household appliances among others such as farm equipment & tools and industrial machinery.
Angle Type:
Angle type is a tool that helps in changing the position of the nut on electric handheld screwdrivers. It consists of two metal pieces, which are connected by a hinge and have an angle between them. The user can adjust the angle by pressing one of the metal pieces with his/her hand and then turning it around to change its position.
Application Insights:
Automotive application segment accounted for the largest share of over 50.0% in 2017. The demand is expected to be driven by rising automotive production across the globe coupled with increasing consumer preference for electric power tools due to their compactness and convenience features. Handheld electric nutrunner offers a wide range of benefits including improved ergonomics, increased productivity, and better control owing to its pistol grip design which makes it easy to use even in tight spaces or small areas.
The transportation application segment is projected register a CAGR of XX% from 2018 to 2030 on account of growing demand for passenger vehicles particularly in developing regions such as Asia Pacific and Latin America where cost associated with vehicle maintenance is an important factor influencing purchase decisions among consumers especially millennials who are more inclined towards using technology-based products while handling nuts & bolts during vehicle assembly operations at automobile manufacturing plants worldwide.
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of electric nutrunners in countries, such as Canada and U.S. The region is expected to maintain its dominance over the forecast period due to increasing demand for handheld electric nutrunner from various application industries.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid industrialization and growing infrastructure investment in economies, such as China and India. Growing construction industry coupled with rising automotive production will drive product demand over the next eight years.
Growth Factors:
- Increasing demand for electric nutrunners in the automotive and aerospace industries due to the growing need for lightweight, high-performance components.
- Rising demand from construction and manufacturing sectors owing to the increasing adoption of electric nutrunners in these industries.
- Growing popularity of handheld electric nutrunners among DIY enthusiasts and home improvement enthusiasts due to their ease of use and portability.
- Increasing research and development activities by leading players in the handheld electric nutrunner market to develop innovative products that meet the changing needs of consumers.
- Growing number of online retail platforms offering a wide range of handheld electric nutrunners at competitive prices, which is helping fuel market growth
Scope Of The Report
Report Attributes
Report Details
Report Title
Handheld Electric Nutrunner Market Research Report
By Type
Pistol Type, Angle Type, Straight Type
By Application
Automotive, Transportation, Machinery Manufacturing, Other
By Companies
Bosch Rexroth, Atlas Copco, ESTIC Corporation, Apex Tool Group, Dai-ichi Dentsu Ltd., STANLEY Engineered Fastening, Sanyo Machine Works, ALFING Montagetechnik GmbH (AMT), Ingersoll Rand, Nitto Seiko, FEC Inc., Maschinenfabrik Wagner GmbH & Co. KG, Tone Co., Ltd., AIMCO, Desoutter Industrial Tools
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 Handheld Electric Nutrunner Market Report Segments:
The global Handheld Electric Nutrunner market is segmented on the basis of:
Types
Pistol Type, Angle Type, Straight 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
Automotive, Transportation, Machinery Manufacturing, Other
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 Rexroth
- Atlas Copco
- ESTIC Corporation
- Apex Tool Group
- Dai-ichi Dentsu Ltd.
- STANLEY Engineered Fastening
- Sanyo Machine Works
- ALFING Montagetechnik GmbH (AMT)
- Ingersoll Rand
- Nitto Seiko
- FEC Inc.
- Maschinenfabrik Wagner GmbH & Co. KG
- Tone Co., Ltd.
- AIMCO
- Desoutter Industrial Tools
Highlights of The Handheld Electric Nutrunner 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:
- Pistol Type
- Angle Type
- Straight Type
- By Application:
- Automotive
- Transportation
- Machinery Manufacturing
- Other
- 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 Handheld Electric Nutrunner 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
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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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?
Handheld Electric Nutrunner is a tool that helps you tighten screws and bolts quickly and easily. It has a built-in motor that makes it easy to rotate the screw or bolt.
Some of the key players operating in the handheld electric nutrunner market are Bosch Rexroth, Atlas Copco, ESTIC Corporation, Apex Tool Group, Dai-ichi Dentsu Ltd., STANLEY Engineered Fastening, Sanyo Machine Works, ALFING Montagetechnik GmbH (AMT), Ingersoll Rand, Nitto Seiko, FEC Inc., Maschinenfabrik Wagner GmbH & Co. KG, Tone Co., Ltd., AIMCO, Desoutter Industrial Tools.
The handheld electric nutrunner market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Handheld Electric Nutrunner Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Handheld Electric Nutrunner Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Handheld Electric Nutrunner Market - Supply Chain
4.5. Global Handheld Electric Nutrunner Market Forecast
4.5.1. Handheld Electric Nutrunner Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Handheld Electric Nutrunner Market Size (000 Units) and Y-o-Y Growth
4.5.3. Handheld Electric Nutrunner Market Absolute $ Opportunity
5. Global Handheld Electric Nutrunner Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Handheld Electric Nutrunner Market Size and Volume Forecast by Type
5.3.1. Pistol Type
5.3.2. Angle Type
5.3.3. Straight Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Handheld Electric Nutrunner Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Handheld Electric Nutrunner Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Transportation
6.3.3. Machinery Manufacturing
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Handheld Electric Nutrunner Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Handheld Electric Nutrunner Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Handheld Electric Nutrunner Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Handheld Electric Nutrunner Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Handheld Electric Nutrunner Demand Share Forecast, 2019-2029
9. North America Handheld Electric Nutrunner Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Handheld Electric Nutrunner Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Handheld Electric Nutrunner Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Transportation
9.4.3. Machinery Manufacturing
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Handheld Electric Nutrunner Market Size and Volume Forecast by Type
9.7.1. Pistol Type
9.7.2. Angle Type
9.7.3. Straight Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Handheld Electric Nutrunner Demand Share Forecast, 2019-2029
10. Latin America Handheld Electric Nutrunner Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Handheld Electric Nutrunner Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Handheld Electric Nutrunner Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Transportation
10.4.3. Machinery Manufacturing
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Handheld Electric Nutrunner Market Size and Volume Forecast by Type
10.7.1. Pistol Type
10.7.2. Angle Type
10.7.3. Straight Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Handheld Electric Nutrunner Demand Share Forecast, 2019-2029
11. Europe Handheld Electric Nutrunner Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Handheld Electric Nutrunner Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Handheld Electric Nutrunner Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Transportation
11.4.3. Machinery Manufacturing
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Handheld Electric Nutrunner Market Size and Volume Forecast by Type
11.7.1. Pistol Type
11.7.2. Angle Type
11.7.3. Straight Type
11.8. Basis Point Share (BPS) Analysis by ype
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Handheld Electric Nutrunner Demand Share, 2019-2029
12. Asia Pacific Handheld Electric Nutrunner Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Handheld Electric Nutrunner Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Handheld Electric Nutrunner Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Transportation
12.4.3. Machinery Manufacturing
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Handheld Electric Nutrunner Market Size and Volume Forecast by Type
12.7.1. Pistol Type
12.7.2. Angle Type
12.7.3. Straight Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Handheld Electric Nutrunner Demand Share, 2019-2029
13. Middle East & Africa Handheld Electric Nutrunner Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Handheld Electric Nutrunner Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Handheld Electric Nutrunner Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Transportation
13.4.3. Machinery Manufacturing
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Handheld Electric Nutrunner Market Size and Volume Forecast by Type
13.7.1. Pistol Type
13.7.2. Angle Type
13.7.3. Straight Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Handheld Electric Nutrunner Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Handheld Electric Nutrunner Market: Market Share Analysis
14.2. Handheld Electric Nutrunner Distributors and Customers
14.3. Handheld Electric Nutrunner Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bosch Rexroth
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atlas Copco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. ESTIC Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Apex Tool Group
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Dai-ichi Dentsu Ltd.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. STANLEY Engineered Fastening
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Sanyo Machine Works
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. ALFING Montagetechnik GmbH (AMT)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Ingersoll Rand
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nitto Seiko
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. FEC Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Maschinenfabrik Wagner GmbH & Co. KG
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Tone Co., Ltd.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. AIMCO
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Desoutter Industrial Tools
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
