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South Korea Battery Power Tools Market Current Impact to Make Big Changes by 2030

12-01-2023 04:23 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research (AMR)

South Korea Battery Power Tools Market Current Impact to Make Big

The South Korea battery power tools market size was valued at $141.1 million in 2020, and is projected to reach $351.2 million by 2030, registering a CAGR of 9.5% from 2021 to 2030. The South Korea battery power tools market was 1,066 thousand units in 2020, and is projected to reach 2,946 thousand units by 2030, registering a CAGR of 10.6% from 2021 to 2030.

Battery-powered tools have become indispensable in various industries, especially in the automotive sector where they are extensively used for tasks such as drilling, impact work, handling angle grinders, and operating impact wrenches. These tools play a crucial role in the completion of components like transmissions, gearboxes, engine cylinder heads, and flywheels. In the manufacturing process of disk brakes, brake drums, and rotors, angle grinders powered by batteries are commonly employed. The South Korea battery power tools market is expected to experience significant growth, driven by the diverse applications within the vehicle manufacturing industry.

Apart from automotive applications, battery-powered tools have found a strong foothold in home improvement tasks and maintenance activities. DIY users, engaged in activities like drilling holes in walls, attaching screws, and cutting woods and metals, contribute to the rising demand for battery-powered tools. This surge in demand is a direct result of the increasing prevalence of household applications and ongoing construction projects.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐๐ƒ๐… ๐’๐š๐ฆ๐ฉ๐ฅ๐ž : https://www.alliedmarketresearch.com/request-sample/15542

๐€๐๐ฏ๐š๐ง๐œ๐ž๐ฆ๐ž๐ง๐ญ๐ฌ ๐ข๐ง ๐๐š๐ญ๐ญ๐ž๐ซ๐ฒ ๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ:

The success of battery-powered tools hinges on advancements in battery technology. The development of high-performance lithium-ion batteries has significantly improved the power, runtime, and overall durability of these tools. Longer battery life, faster charging times, and increased power output contribute to a seamless user experience, making battery-powered tools increasingly attractive to professionals and DIY enthusiasts alike.

๐Š๐ž๐ฒ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐ฌ:

The South Korean battery power tools market can be segmented by tool type, motor type, application, and end-user.

Tool type: The most popular tool types in the South Korean battery power tools market are drills, screwdrivers, impact wrenches, saws, and sanders.

Motor type: The most popular motor types in the South Korean battery power tools market are brushless motors and brushed motors. Brushless motors are more efficient and powerful than brushed motors, but they are also more expensive.

Application: The most popular applications for battery power tools in South Korea are DIY, construction, and automotive.

End-user: The most popular end-users for battery power tools in South Korea are professional contractors, DIY enthusiasts, and homeowners.

๐๐ฎ๐ฒ ๐“๐ก๐ข๐ฌ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ : https://www.alliedmarketresearch.com/checkout-final/4b2f36e7596ccc844f69f30e13d04fd0

๐…๐ฎ๐ญ๐ฎ๐ซ๐ž ๐Ž๐ฎ๐ญ๐ฅ๐จ๐จ๐ค ๐š๐ง๐ ๐ˆ๐ง๐ง๐จ๐ฏ๐š๐ญ๐ข๐จ๐ง๐ฌ:

Looking ahead, the South Korea battery power tools market is poised for further growth and innovation. As technology continues to advance, we can expect even more efficient and powerful tools to emerge, catering to the evolving needs of diverse industries. The integration of smart technologies, ergonomic designs, and sustainable power sources will likely define the next wave of battery-powered tools, solidifying their status as indispensable assets across various sectors.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐จ๐ง ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Key companies profiled in the South Korea battery power tools market report include Aimsak, Andreas Stihl Ag & Co. Kg, Hilti Corporation, Keyang, Koki Holdings Co., Ltd., Makita Corporation, Robert Bosch, Snap-On Incorporated, Stanley Black and Decker, and Techtronic Industries Co. Ltd.

๐Œ๐š๐ค๐ž ๐€ ๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐„๐ง๐ช๐ฎ๐ข๐ซ๐ฒ : https://www.alliedmarketresearch.com/purchase-enquiry/15542

๐‘๐ž๐ ๐ข๐จ๐ง๐š๐ฅ ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:
Region-wise, the global South Korea battery power tools market analysis is conducted across North America (the U.S., Canada, and Mexico), Europe (the UK, France, Germany, Italy, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).

๐Š๐ง๐จ๐ฐ ๐Œ๐จ๐ซ๐ž : https://www.alliedmarketresearch.com/south-korea-battery-power-tools-market-A15173

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ ๐”๐ฌ:

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๐€๐›๐จ๐ฎ๐ญ ๐ฎ๐ฌ:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Wilmington, DE. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

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