Li-Ion Battery for Drills and Rotary Hammers
Market
Li-Ion Battery for Drills and Rotary Hammers Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Li-Ion Battery for Drills and Rotary Hammers Market Size and Growth
The Li-Ion Battery market for drills and rotary hammers is projected to experience significant growth due to rising demand for cordless tools. In 2023, the market is valued at approximately $1.2 billion, driven by advancements in battery technology, increasing DIY activities, and industrial adoption, fostering enhanced operational efficiency and portability.
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Companies Covered
(Covid 19 Impact Covered)
◍ Samsung SDI
◍ LG Chem
◍ Murata
◍ TenPower
◍ Panasonic
◍ Tianjin Lishen Battery
◍ BYD
◍ Johnson Matthey Battery Systems
◍ Toshiba
◍ ALT
The Li-Ion Battery for Drills and Rotary Hammers Market is competitive, with key players like Samsung SDI, LG Chem, and Panasonic innovating battery efficiency and energy density. They drive growth through advanced technologies, robust supply chains, and strategic partnerships, enhancing tool performance and user experience. Notable revenue figures include:
- Samsung SDI: $25 billion
- LG Chem: $28 billion
- Panasonic: $72 billion
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Market Segmentation
By Application
Drills
Rotary Hammers
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By Product
Capacity (mAh) 1300
Capacity (mAh) 1500
Capacity (mAh) 2000
Capacity (mAh) 2500
Others
Market Growth
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$ X Billion USD
