Handheld Power
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Handheld Power Drill Market Size and Growth
The handheld power drill market is experiencing steady growth, driven by increasing DIY activities and construction demands. As of 2023, the market size is approximately $6 billion, with a projected CAGR of 4.5% over the next five years. Key trends include technological advancements and rising consumer preferences for cordless models.
Companies Covered
(Covid 19 Impact Covered)
◍ Black & Decker
◍ Bosch
◍ Craftsman
◍ DEWALT
◍ Hilti
◍ Hitachi
◍ Makita
◍ Metabo
◍ Milwaukee
◍ Panasonic
◍ PORTER-CABLE
◍ RIDGID
◍ RYOBI
◍ SKIL
The handheld power drill market features major players like Black & Decker, Bosch, Makita, and Milwaukee, who innovate with technology and expand product lines. These companies enhance market growth through strategic marketing, partnerships, and diversifying offerings. Sales figures:
- DEWALT: ~$12 billion
- Bosch: ~$16 billion
- Milwaukee: ~$4 billion
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