Global (AMER, APAC, BRICS and EMEA) Electric Screwdriver Market Research Report 2019-2025 (Includes Business Impact of COVID-19)

                                          
Abstract, Snapshot, Market Analysis & Market Definition: Electric Screwdriver Market



Electric screwdriver is a type of power tool that relies on a current control motor to quickly tighten the screws to the set torque. The electric screwdriver industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U. S. and Western European. They also like set up plants in China to expand market share. China has many producers and they produce about 67.5% of the global electric screwdriver production, but its products are more concentrated in household products. The key consumption markets locate at developed countries. China takes the market share of 30.35%, followed by Europe with 28.75%. Global consumption market has a quicker growing speed of CAGR 3.13%. We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve. In the international market, the marketing channels characteristic differ from to. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position. Companies in developing countries such as China, in contrast, put more effort on direct selling business. They can act as exports at the same time, and it is a common phenomenon in this industry. As they do not have that much international brand influence, their product quality is not good enough when comparing with leading companies, however, they have price advantage. They like to expand their market share in developing countries and low-end international market. The market is not only influenced by the price, but also influenced by the product performance. Although China domestic companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products. The leading companies own the advantages on better performance, more abundant product's types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market. Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin. Company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas' prefers selling their products to underdevelopment regions these years. This industry is affected by the economy and policy, so it's important to put an eye to economic indexes and leaders' prefer. With the global economic accelerating, especially in underdevelopment regions that have a large population and fast economic growth, the need of electric screwdriver will increase. 
In 2019, the market size of Electric Screwdriver is 405.9 million US$ and it will reach 419.8 million US$ in 2025, growing at a CAGR of 0.5% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period. 
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Electric Screwdriver. This report studies the global market size of Electric Screwdriver, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia). This study presents the Electric Screwdriver production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025. For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019. 

Market Segmentation, Outlook & Regional Insights: Electric Screwdriver Market

Segmentation by Product Type: Breakdown of data from year 2014 to 2019 and forecast until 2025:
Cordless
Cord

Segmentation by Application: Breakdown of data from year 2014 to 2019 and forecast until 2025:

Industrial
Household

Key Players, Recent Developments & Sector Viewpoints: Electric Screwdriver Market
 
Stanley Black & Decker
Bosch
Makita
Ken
TTI
Positec
FEIN
Dongcheng
Hitachi
Hilti
Kawasaki
Chervon Holdings
Ozito
Dixon Automatic
Mountz
XU1 Powertools

Key Insights Covered: Exhaustive Electric Screwdriver Market
1.  Market size (sales, revenue and growth rate) of Electric Screwdriver industry.
2. Global major manufacturers' operating situation (sales, revenue, growth rate and gross margin) of Electric Screwdriver industry.
3. SWOT analysis, New Project Investment Feasibility Analysis, Upstream raw materials and manufacturing equipment & Industry chain analysis of Electric Screwdriver industry.
4. Market size (sales, revenue) forecast by regions and countries from 2019 to 2025 of Electric Screwdriver industry.

Research Methodology: Electric Screwdriver Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please Request a Sample Report.
Demand Side Primary Contributors: OEMs, Industrial Professionals, Researches, Suppliers and Distributors, Group Purchasing Organizations, Associations, Insurers, Universities, Technological Writers, Scientists, Promoters, Investors among others.
Supply Side Primary Contributors: Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, Regulatory Affairs Managers among others.