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Below are some of the key findings from this electric screw gun market analysis report
See the complete table of contents and list of exhibits, as well as selected illustrations and example pages from this report.
High labor cost and ease of use are driving the global electric screw gun market. Electric screw guns are user-friendly and require no technical expertise to operate. Moreover, the labor costs in developed countries are rising rapidly, which drives the people to do smaller household constructional chores by themselves, hence driving the growth of the electric screw gun market.
The increase in sales through online distribution channel is positively impacting the global electric screw gun market. Online distribution channel eliminates the need for physical store and inventory and provides electric screw guns at different price levels. This platform is a cost-effective option for both established and emerging vendors of power tools, including electric screw guns, driving the market. The ease of use and increasing labor costs coupled with an increase in sales through online distribution channel is driving the electric screw gun market growth at a CAGR of close to 5% during the forecast period.
The global electric screw gun market is highly fragmented. The market is in the growth phase, and the competition is expected to become more intense by the end of the forecast period. To help clients improve their revenue shares in the market, this research report provides an analysis of the market’s competitive landscape and offers information on the products offered by various leading companies. Additionally, this electric screw gun market analysis report suggests strategies companies can follow and recommends key areas they should focus on, to make the most of upcoming growth opportunities.
The report offers a detailed analysis of several leading electric screw gun companies, including:
Cordless electric screw guns were the dominating product of the global electric screw gun market in 2018, owing to its mobility, convenience, and the feature to get powered-up feature by a simple recharge. The market share of this segment will increase, and it will continue to dominate the market throughout the next five years.
The Americas accounted for the largest electric screw gun market share in 2018, owing to the rapid growth of the housing industry in the region. The Americas will remain the market leader for the next five years.
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EXECUTIVE SUMMARY
SCOPE OF THE REPORT
MARKET LANDSCAPE
MARKET SIZING
FIVE FORCES ANALYSIS
MARKET SEGMENTATION BY PRODUCT
CUSTOMER LANDSCAPE
GEOGRAPHIC LANDSCAPE
DRIVERS AND CHALLENGES
MARKET TRENDS
VENDOR LANDSCAPE
VENDOR ANALYSIS
APPENDIX
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