2018 Electric Screwdriver Market Size by Key Companies, Trend, Size, Growth and Forecasts 2023

The Global Electric Screwdriver Market research 2018 highlights the major details and provides in-depth analysis of the market along with the future growth and prospects. The reports also offer important insights which help the industry experts, product managers, CEOs, and business executives to draft their policies on various parameters including expansion, acquisition, and new product launch as well as analyzing and understanding the market trends and demands with the help of 15 Chapters, complete report with 146 Pages, figures, graphs and table of contents to analyze the situations of global Electric Screwdriver market and Assessment to 2023. Electric Screwdriver market globally is witnessing good traction which is evident by the global Electric Screwdriver report. The report provides the customers a thorough coverage of the Electric Screwdriver industry performance over the last 5 years, and an accurate estimation of the market performance substantiated by the observed market trends over the years. Furthermore, the report covers accurate projection of the Electric Screwdriver Market for the forecast period of 2018-2023.

Electric screwdriver is a type of power tool that relies on a current control motor to quickly tighten the screws to the set torque.

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The electric screwdriver industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and Western European. They also like set up plants in China to expand market share. China has many producers and they produce about 67.5% of the global electric screwdriver production, but its products are more concentrated in household products.

The key consumption markets locate at developed countries. China takes the market share of 30.35%, followed by Europe with 28.75%. Global consumption market has a quicker growing speed of CAGR 3.13%.

We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.

In the international market, the marketing channels characteristic differ from company to company.

The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position.

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Companies in developing countries such as China, in contrast, put more effort on direct selling business. They can act as exports at the same time, and it is a common phenomenon in this industry. As they do not have that much international brand influence, their product quality is not good enough when comparing with leading companies, however, they have price advantage. They like to expand their market share in developing countries and low-end international market.

The market is not only influenced by the price, but also influenced by the product performance. Although China domestic companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products.

The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.

Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.

Company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers selling their products to underdevelopment regions these years.

This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic accelerating, especially in underdevelopment regions that have a large population and fast economic growth, the need of electric screwdriver will increase.

The worldwide market for Electric Screwdriver is expected to grow at a CAGR of roughly 0.5% over the next five years, will reach 420 million US$ in 2023, from 400 million US$ in 2017, according to a new GIR (Global Info Research) study.

Market Segment by Manufacturers, this report covers:

- Positec

- FEIN

- Dongcheng

- Hitachi

- Hilti

- Kawasaki

- Chervon Holdings

- Ozito

- Dixon Automatic

- Mountz

- XU1 Powertools and more

The Electric Screwdriver industry report has an in-depth coverage of the market along with multiple segmentations of the Electric Screwdriver such as by type, application, and region among others.

Market Segment by Regions, regional analysis covers: North America (USA, Canada and Mexico), Europe (Germany, France, UK, Russia and Italy), Asia-Pacific (China, Japan, Korea, India and Southeast Asia), South America (Brazil, Argentina, Columbia, etc.), Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa).

The report further covers the detailed analysis substantiated with suitable statistics of the factors, opportunities, challenges, and prospects for the players in the Electric Screwdriver. Moreover, the report covers all the top players in the Electric Screwdriver which is inclusive of a detailed company profile, the products on offer, and revenue and market share of each player.

Market Segment by Type, covers:

- Cordless

- Cord

Market Segment by Applications, can be divided into:

- Industrial

- Household

There are 15 Chapters to deeply display the Global Electric Screwdriver market.

Chapter 1: to describe Electric Screwdriver Introduction, product scope, market overview, market opportunities, market risk, market driving force, Chapter 2: to analyze the top manufacturers of Electric Screwdriver, with sales, revenue, and price of Electric Screwdriver, in 2016 and 2018

Chapter 3: to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2018, Chapter 4: to show the global market by regions, with sales, revenue and market share of Electric Screwdriver, for each region, from 2012 to 2018

Chapter 5, 6, 7, 8 and 9: to analyze the key regions, with sales, revenue and market share by key countries in these regions; Chapter 10 and 11: to show the market by type and application, with sales market share and growth rate by type, application, from 2012 to 2018

Chapter 12: Electric Screwdriver market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023, Chapter 13, 14 and 15: to describe Electric Screwdriver sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.

List of Tables:

Market Overview

Manufacturers Profiles

Global Electric Screwdriver Sales, Revenue, Market Share and Competition by Manufacturer (2016-2018)

Global Electric Screwdriver Market Analysis by Regions

North America Electric Screwdriver by Countries

Europe Electric Screwdriver by Countries

Asia-Pacific Electric Screwdriver by Countries and more……….

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This release was published on openPR.