Cordless/Batterypowered Magnetic Drills
Market
Cordless/Battery-powered Magnetic Drills Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Cordless/Battery-powered Magnetic Drills Market Size and Growth
The Cordless/Battery-powered Magnetic Drills market exhibits robust growth, driven by increasing demand for portable drilling solutions across industries. As of 2023, the market size is estimated to reach $300 million, reflecting a compound annual growth rate of 5.2%. Key drivers include advancements in battery technology and expanding applications in construction and manufacturing.
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Companies Covered
(Covid 19 Impact Covered)
◍ Milwaukee
◍ Hougen
◍ Metabo
◍ C. ＆ E. Fein GmbH
◍ Unibor
◍ Evolution Power Tools
◍ DEWALT
◍ Nitto
◍ Euroboor
◍ Ruko
◍ ALFRAL
◍ G & J HALL TOOLS
◍ Champion
◍ Rotabroach
The cordless/battery-powered magnetic drills market features key players like Milwaukee, Hougen, and DEWALT, focusing on innovation, portability, and efficiency. These companies drive market growth through advanced technology, user-friendly designs, and expanded product lines. Sales revenues include Milwaukee: $3 billion, DEWALT: $2.5 billion, Metabo: $1.2 billion.
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Market Segmentation
By Application
◍ General Industry
◍ Infrastructure Industry
◍ Construction Industry
◍ Others
By Product
◍ 0-50mm
◍ 50-80mm
◍ More than 80mm
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Market Growth
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$ X Billion USD
