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The power drill market is forecasted to grow by USD 405.9 million during 2023-2028, accelerating at a CAGR of 4.5% during the forecast period. The report on the power drill market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increased innovations in power drills through advanced technologies, growing interest in home improvement products for DIY interior designing, and surging real estate industry owing to emphasis on infrastructure development.
The power drill market is segmented as below:
By Product
- Hammer and rotary power drills
- Impact power drills
- Traditional power drills
By Technology
- Cordless power drills
- Corded power drills
By Geography
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the power drill market covers the following areas:
- Power drill market sizing
- Power drill market forecast
- Power drill market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Product
7 Market Segmentation by Technology
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
360 degree market analysis
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global power drill market: Apex Tool Group LLC, Atlas Copco AB, C. and E. Fein GmbH, Chervon Holdings Ltd., Emerson Electric Co., Enerpac Tool Group Corp., Festool GmbH, Hilti AG, Husqvarna AB, Ingersoll Rand Inc., Jiangsu Dongcheng M and E Tools Co Ltd, Josch Group, Koki Holdings Co. Ltd., Makita Corp., Nemo Power Tools Ltd., Panasonic Holdings Corp., Robert Bosch GmbH, Snap On Inc., Stanley Black and Decker Inc., and Techtronic Industries Co. Ltd..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advent of cordless power drills."
According to the report, one of the major drivers for this market is the increased innovations in power drills through advanced technologies.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Apex Tool Group LLC
- Atlas Copco AB
- C. and E. Fein GmbH
- Chervon Holdings Ltd.
- Emerson Electric Co.
- Enerpac Tool Group Corp.
- Festool GmbH
- Hilti AG
- Husqvarna AB
- Ingersoll Rand Inc.
- Jiangsu Dongcheng M and E Tools Co Ltd
- Josch Group
- Koki Holdings Co. Ltd.
- Makita Corp.
- Nemo Power Tools Ltd.
- Panasonic Holdings Corp.
- Robert Bosch GmbH
- Snap On Inc.
- Stanley Black and Decker Inc.
- Techtronic Industries Co. Ltd.