Market Overview:
The global impact driver 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 impact drivers in residential applications, construction field, industry field, gardening field and others. Additionally, factors such as technological advancements and rising demand for electric vehicles are also contributing to the growth of this market. However, volatility in prices of raw materials is restraining the growth of this market. On the basis of type, NiCad segment is expected to hold a major share in terms of revenue during 2018-2030 owing to its high durability and longer life span as compared with other types available in the market. On account on application wise; residential applications are anticipated witness highest CAGR over 2018-2030 followed by construction field due rising number new constructions across globe coupled with growing inclination towards DIY activities globally .
Product Definition:
An impact driver is a tool that uses an impact mechanism to drive screws and bolts. The advantage of an impact driver over a drill/driver is that it delivers more torque, which is necessary when driving large screws or bolts.
NiCad:
Nickel Cadmium (NiCad) batteries are a type of rechargeable battery that consists of cadmium, nickel, and calcium. They have a higher energy density than lithium-ion batteries but lower than lead acid batteries. NiCad has been used in portable instruments such as digital cameras and MP3 players because of its long shelf life & high power efficiency.
Lithium Ion:
Lithium-ion (Li-ion) is a rechargeable battery technology that uses lithium ions as the cathode and an electrolyte. It is one of the most popular battery technologies in current use, owing to its high energy density, low self-discharge rate, and lightweight construction.
Application Insights:
The construction field was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The global construction industry has witnessed tremendous growth over the past few years owing to an increase in infrastructure development projects across various regions. This factor has led to a significant rise in demand for impact drivers among professionals operating on a daily basis with heavy machinery, equipment, and tools.
Residential applications are anticipated to witness considerable growth during the forecast period due largely to increasing urbanization as well as rising disposable income of consumers globally.
Regional Analysis:
Asia Pacific is anticipated to be the fastest-growing regional market over the forecast period. The growth can be attributed to increasing construction activities in emerging economies, such as China and India. In addition, rising demand for industrial machinery in countries like Japan and South Korea is expected to drive the Asia Pacific market during the forecast period.
The Latin American region accounted for a significant share of global impact driver sales owing to increased penetration of these drivers in Brazil and Argentina after they were first introduced into these countries from Europe and North America. Moreover, growing awareness regarding power tools among consumers will propel product demand further over the next eight years.
Europe was estimated as one of the largest markets with major shares being held by Germany, France, Italy, U.K.
Growth Factors:
- Increasing demand for electric vehicles
- Growing construction and infrastructure activities
- Rising demand from the automotive industry
- Proliferation of DIY culture among consumers
- Technological advancements in impact drivers
Scope Of The Report
Report Attributes
Report Details
Report Title
Impact Driver Market Research Report
By Type
NiCad, Lithium Ion
By Application
Residential Applications, Construction Field, Industry Field, Gardening Field, Others
By Companies
Stanley Black&Decker (DeWalt), Bosch, TTI, Makita, Hitachi Koki, Hilti, Metabo, Snap-on, DEVON (Chevron Group), Festool, Apex Tool Group, Dongcheng, C. & E. Fein, Zhejiang Crown, Positec Group, Jiangsu Jinding, KEN
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
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Impact Driver Market Report Segments:
The global Impact Driver market is segmented on the basis of:
Types
NiCad, Lithium Ion
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
Residential Applications, Construction Field, Industry Field, Gardening Field, 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:
- Stanley Black&Decker (DeWalt)
- Bosch
- TTI
- Makita
- Hitachi Koki
- Hilti
- Metabo
- Snap-on
- DEVON (Chevron Group)
- Festool
- Apex Tool Group
- Dongcheng
- C. & E. Fein
- Zhejiang Crown
- Positec Group
- Jiangsu Jinding
- KEN
Highlights of The Impact Driver 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:
- NiCad
- Lithium Ion
- By Application:
- Residential Applications
- Construction Field
- Industry Field
- Gardening Field
- 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 Impact Driver 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?
An impact driver is a type of power tool that uses an electric motor to drive a screw or drill bit. Impact drivers are popular for quickly driving screws and bolts into wood, metal, and other materials.
Some of the key players operating in the impact driver market are Stanley Black&Decker (DeWalt), Bosch, TTI, Makita, Hitachi Koki, Hilti, Metabo, Snap-on, DEVON (Chevron Group), Festool, Apex Tool Group, Dongcheng, C. & E. Fein, Zhejiang Crown, Positec Group, Jiangsu Jinding, KEN.
The impact driver 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. Impact Driver 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. Impact Driver Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Impact Driver Market - Supply Chain
4.5. Global Impact Driver Market Forecast
4.5.1. Impact Driver Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Impact Driver Market Size (000 Units) and Y-o-Y Growth
4.5.3. Impact Driver Market Absolute $ Opportunity
5. Global Impact Driver 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. Impact Driver Market Size and Volume Forecast by Type
5.3.1. NiCad
5.3.2. Lithium Ion
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Impact Driver 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. Impact Driver Market Size and Volume Forecast by Application
6.3.1. Residential Applications
6.3.2. Construction Field
6.3.3. Industry Field
6.3.4. Gardening Field
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Impact Driver 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. Impact Driver 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 Impact Driver 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. Impact Driver 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 Impact Driver Demand Share Forecast, 2019-2026
9. North America Impact Driver 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 Impact Driver 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 Impact Driver Market Size and Volume Forecast by Application
9.4.1. Residential Applications
9.4.2. Construction Field
9.4.3. Industry Field
9.4.4. Gardening Field
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Impact Driver Market Size and Volume Forecast by Type
9.7.1. NiCad
9.7.2. Lithium Ion
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 Impact Driver Demand Share Forecast, 2019-2026
10. Latin America Impact Driver 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 Impact Driver 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 Impact Driver Market Size and Volume Forecast by Application
10.4.1. Residential Applications
10.4.2. Construction Field
10.4.3. Industry Field
10.4.4. Gardening Field
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Impact Driver Market Size and Volume Forecast by Type
10.7.1. NiCad
10.7.2. Lithium Ion
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 Impact Driver Demand Share Forecast, 2019-2026
11. Europe Impact Driver 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 Impact Driver 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 Impact Driver Market Size and Volume Forecast by Application
11.4.1. Residential Applications
11.4.2. Construction Field
11.4.3. Industry Field
11.4.4. Gardening Field
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Impact Driver Market Size and Volume Forecast by Type
11.7.1. NiCad
11.7.2. Lithium Ion
11.8. Basis Point Share (BPS) Analysis by Type
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 Impact Driver Demand Share, 2019-2026
12. Asia Pacific Impact Driver 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 Impact Driver 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 Impact Driver Market Size and Volume Forecast by Application
12.4.1. Residential Applications
12.4.2. Construction Field
12.4.3. Industry Field
12.4.4. Gardening Field
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Impact Driver Market Size and Volume Forecast by Type
12.7.1. NiCad
12.7.2. Lithium Ion
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 Impact Driver Demand Share, 2019-2026
13. Middle East & Africa Impact Driver 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 Impact Driver 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 Impact Driver Market Size and Volume Forecast by Application
13.4.1. Residential Applications
13.4.2. Construction Field
13.4.3. Industry Field
13.4.4. Gardening Field
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Impact Driver Market Size and Volume Forecast by Type
13.7.1. NiCad
13.7.2. Lithium Ion
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 Impact Driver Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Impact Driver Market: Market Share Analysis
14.2. Impact Driver Distributors and Customers
14.3. Impact Driver Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stanley Black&Decker (DeWalt)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bosch
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TTI
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Makita
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi Koki
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hilti
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Metabo
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Snap-on
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. DEVON (Chevron Group)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Festool
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Apex Tool Group
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Dongcheng
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. C. & E. Fein
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Zhejiang Crown
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Positec Group
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Jiangsu Jinding
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. KEN
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
