Report Ocean published a new report on the global Cordless Power Tools Market. The research report consists of thorough information about demand, growth, opportunities, challenges, and restraints. In addition, it delivers an in-depth analysis of the structure and possibility of global and regional industries.
Global Cordless Power Tools Market is valued at approximately USD $$ billion in 2022 and is anticipated to grow with a healthy growth rate of more than $% over the forecast period 2023-2030.
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Cordless Power Tools is a tool which has no cord and we don’t have to rely on a secondary power source, cordless tools offer greater flexibility and portability. When working on several projects or in tight spaces, cordless tools allow you to maneuver and move about freely without the hazard of tripping or tangling a cord. The rising electronics, and shipbuilding industries and rapid industrialization have led to the adoption of Cordless Power Tools across the forecast period. For Instance: as per the IBEF in September and October 2021, exports of electronic goods stood at US$ 1.17 billion and US$ 1.35 billion, respectively and in FY22 (until October 2021), imports of electronics goods stood at US$ 28.59 billion, whereas exports stood at US$ 7.89 billion. Also, with the advances in lithium-ion battery technology, the adoption & demand for Cordless Power Tools is likely to increase the market growth during the forecast period. However, high costs impede the growth of the market over the forecast period of 2022-2028.
The key regions considered for the global Cordless Power Tools market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world in terms of market share owing to the increasing demand for sophisticated tools, forerunner in the automobile industry and adoption of Lithium-ion battery technology. Whereas, Asia-Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2022-2028. Factors such as presence of the automotive and construction industries and rise in end-user industries would create lucrative growth prospects for the Cordless Power Tools market across Asia-Pacific region.
Major market players included in this report are:
- Koki Holdings
- Snap-on
- Stanley Black & Decker
- Robert Bosch
- Techtronic Industries Company
- Makita
- Hilti
- Atlas Copco
- Apex Tool Group
- Ingersoll Rand
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The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players.
The detailed segments and sub-segment of the market are explained below:
By Tool Type:
Drilling and Fastening Tools
Demolition Tools
Sawing and Cutting Tools
Material Removal Tools
Routing Tools
Others
By End-Use:
Industrial
Commercial
Residential
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
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Core Chapters:
Chapter 1: Introduction: This chapter outlines the scope of the report and provides an executive summary of the different market segments, including the market size, future development potential, and evolution of the market in the short to mid-term and long term.
Chapter 2: Competitive Landscape: Here, we conduct a detailed analysis of the competitive landscape of Cordless Power Tools manufacturers, including price, output, and revenue market share, latest development plans, mergers, and acquisition information.
Chapter 3: Production and Value Analysis: This chapter provides a quantitative analysis of the production/output and value of Cordless Power Tools by region/country, identifying the market size and development potential of each region in the next six years.
Chapter 4: Consumption Analysis: We analyze the consumption of Cordless Power Tools in different regions and countries, introducing the market development, future prospects, market space, and capacity of each country in the world.
Chapter 5: Product Segment Analysis: This chapter provides an analysis of various market segments according to product type, covering the market size and development potential of each market segment.
Chapter 6: Application Segment Analysis: We analyze various market segments according to application, covering the market size and development potential of each market segment.
Chapter 7: Company Profiles: This chapter provides detailed profiles of key players in the market, including product production/output, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Industrial Chain Analysis: Here, we analyze the industrial chain, including the upstream and downstream of the industry.
Chapter 9: Sales Channel Analysis: We analyze the sales channel, distributors, and customers in this chapter.
Chapter 10: Market Dynamics Analysis: This chapter introduces the market dynamics, latest developments, driving factors, restrictive factors, challenges, and risks faced by manufacturers in the industry, along with an analysis of relevant policies.
Chapter 11: Production and Supply Forecast: We provide a production and supply forecast for the global and regional market.
Chapter 12: Consumption and Demand Forecast: This chapter provides a consumption and demand forecast for the global and regional market.
Chapter 13: Type and Application Forecast: We provide a quantitative analysis of the market size and development potential of each market segment in the next six years.
Chapter 14: Conclusion: Finally, we present the main points and conclusions of the report, providing readers with a comprehensive understanding of the market and its potential growth prospects.
Our Cordless Power Tools Market Report is a comprehensive analysis of the market, providing valuable insights for businesses looking to invest in this industry.
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