Cordless Electric Screwdriver Market
Cordless Electric Screwdriver Market Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Cordless Electric Screwdriver Market Size and Growth
The Cordless Electric Screwdriver market is experiencing significant growth, driven by rising demand for efficient power tools across industries. As of 2023, the market size is estimated to reach USD 1.5 billion, reflecting an annual growth rate of 7%. Advances in battery technology and ergonomic designs enhance consumer adoption.
Companies Covered
(Covid 19 Impact Covered)
◍ AIMCO
◍ Anlidar Industrial
◍ Black & Decker
◍ Bosch Production Tools
◍ C. & E. Fein GmbH
◍ DEWALT Industrial Tool
◍ HITACHI KOKI
◍ Loover Industrial Co., Ltd.
◍ MAKITA
◍ Milwaukee
◍ Sumake Industrial
The cordless electric screwdriver market features key players such as Black & Decker, DEWALT, and Bosch, each innovating with advanced technology and ergonomic designs. Companies like Makita and Milwaukee enhance market growth through diverse offerings. Sales revenues include:
- Black & Decker: $14 billion
- DEWALT: $9 billion
- Bosch: $90 billion
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Market Segmentation
By Application
Automobile Industry
The Motorcycle
Equipment Repair
Decorate
Other
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By Product
Straight Rod Type
Handheld
Other
Market Growth
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$ X Billion USD
