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Cordless Drill Driver Market Size study, by Type (Pneumatic, Electric), by Application (Household, Construction, Industrial, Medical, Automotive, Others)- Global opportunity Analysis and Industry Forecast 2019-2025

Description

Global Cordless Drill Driver Industry valued approximately USD XX billion in 2017 is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2019-2025. The Cordless Drill Driver Industry is continuously growing in the global scenario at significant pace. Cordless drill driver is a battery-powered hole maker and a fastener driver for screws, nuts and small bolts. It's equipped with a clutch that disengages the drill's drivetrain when the tool reaches a specified amount of torque (turning force). Increasing demand from commercial & residential buildings, rapid urbanization, increasing utilization of drill drivers and growth in production of light vehicles are the substantial driving factors of the Industry during the forecast period. Moreover, rising focus on product innovation is the major factors that likely to create numerous opportunity in the near future. In addition, cordless drill driver have less cords which also means more safety and allowing the user to user to move freely & unhindered are another factors that impelling the growth in the Industry of cordless Drill Driver during the forecast period. However, availability of cheap & less durable counterfeit products and unstable economic condition are the factors that limiting the growth of the Industry across the world.
The regional analysis of Global Cordless Drill Driver Industry is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of Industry share due to rising automotive & construction sector and increasing demand for cordless drill drivers among end-user industries in the region. Europe is estimated to grow at stable growth rate in the global Cordless Drill Driver Industry over the upcoming years. Further, North America anticipated to exhibit higher growth rate / CAGR over the forecast period 2019-2025 owing to presence of large number of manufacturers of cordless drill drivers in the region.
The

Cordless Drill Driver Industry Share and Size by 2019-2025
Retail & Consumer
Cordless Drill Driver Market Segmentation:
By Type:
Pneumatic
Electric

By Application:
Household
Construction
Industrial
Medical
Automotive
Others

By Region
* North America
- USA
- Canada
* Europe
- Germany
- U.K.
- France
- Italy
- Rest of Europe
* APAC
- China
- India
- Japan
- Rest of Asia-Pacific
* RoW
- Latin America
- Middle East & Africa

Major Market Players in Cordless Drill Driver Market are as follows:
Black & Decker
DEWALT
Milwaukee Tool
RYOBI
Makita
Bosch
Craftsman

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