Electric Screwdriver Market 2020 Booming Worldwide With Eminent Key Players ASA Enterprise Co. Ltd., BLACK+DECKER Inc., DEWALT, FEIN Power Tools, Inc., KILEWS INDUSTRIAL CO., LTD., Kolver srl, NITTO KOHKI CO.,LTD., Robert Bosch Power Tools GmbH

The electric screwdriver device enables to screw and unscrew smoothly. The head of the screwdriver is integrated with a bit holder that can be magnetic or have a swift release system. The bit holder enables to rapidly insert the bit that links to the screw head. It comprises a rechargeable battery, electric motor, switch, dual planetary gear system, and a chuck that holds the screwdriver into a robust and compact tool. They are used in numerous industrial applications to comply with engineering and

The rise in demand for electric screwdrivers in manufacturing industries drives the growth of the electric screwdriver market. However, the high initial cost may restrain the development of the electric screwdriver market. Furthermore, they are widely used in industrial, commercial, and residential due to its high-speed capability, which is anticipated to witness massive demand during the forecast period.

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Key Players:
1. ASA Enterprise Co. Ltd.
2. BLACK+DECKER Inc.
3. DEWALT
4. FEIN Power Tools, Inc.
5. KILEWS INDUSTRIAL CO., LTD.
6. Kolver srl
7. NITTO KOHKI CO.,LTD.
8. Robert Bosch Power Tools GmbH
9. Sumake Industrial Co., Ltd.
10. VESSEL CO.,INC.

Market Segmentation:
The global electric screwdriver market is segmented on the basis of electric screwdriver type, type, and application. On the basis of electric screwdriver type, the market is segmented as cordless and cord. On the basis of type, the market is segmented as AC electric screwdriver and DC electric screwdriver. On the basis of application, the market is segmented as residential, commercial, and industrial.

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Regional Outlook:
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global electric screwdriver market based on various segments. It also provides market size and forecast estimates from year 2017 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The electric screwdriver market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting electric screwdriver market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the electric screwdriver market in these regions.

Sameer Joshi
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