Cordless Drills Market Trends

  • Report ID: 4025
  • Published Date: Aug 19, 2024
  • Report Format: PDF, PPT

Cordless Drills Market Trends

Growth Drivers

  • Increasing Adoption of Battery-Driver Equipment
  • Ease in Usage due to lack of Cord
  • Rising Construction Activities

Challenges

  • Low Knowledge Regarding the Product

Cordless Drills Market: Key Insights

Base Year

2023

Forecast Year

2024–2036

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Browse Key Market Insights with Data Illustration:


Author Credits:  Abhishek Verma


  • Report ID: 4025
  • Published Date: Aug 19, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The cordless drills industry size is projected to grow at substantial growth rate during the forecast period i.e., between 2024-2036.

The increasing demand for portable, easy to use, and compact drilling machine will boost the market growth.

Asia Pacific industry is likely to account for largest revenue share by 2036, driven by increasing construction activities in the developing countries.  

The major players in the market are Black+Decker Inc., Robert Bosch GmbH, Hilti India Private Limited, Stanley Black & Decker, Inc., Hitachi, Ltd., Techtronic Industries Co. Ltd., DeWalt Industrial Tool Company, and STIHL Incorporated.
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