Global Electric Screw Gun Market 2019-2023
| Published: Dec 2018 | Pages: 118 | SKU: IRTNTR30444 |
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.
Global electric screw gun industry overview
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.
Top electric screw gun companies covered in this market research report
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:
- Emerson Electric
- Makita Corporation
- Robert Bosch
- Stanley Black&Decker
- Techtronic Industries
Electric screw gun market segmentation based on product
- Cordless
- Corded
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.
Electric screw gun market segmentation based on region
- The Americas
- APAC
- EMEA
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.
Key highlights of the global electric screw gun market for the forecast years 2019-2023:
- CAGR of the market during the forecast period 2019-2023
- Detailed information on factors that will accelerate the growth of the electric screw gun market during the next five years
- Precise estimation of the global electric screw gun market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the electric screw gun industry across the Americas, APAC, and EMEA
- A thorough analysis of the market’s competitive landscape and detailed information on several vendors
- Comprehensive details on factors that will challenge the growth of electric screw gun companies
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EXECUTIVE SUMMARY
SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Preface
- 2.3 Currency conversion rates for US$
MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
MARKET SEGMENTATION BY PRODUCT
- Market segmentation by product
- Comparison by product
- Cordless - Market size and forecast 2018-2023
- Corded - Market size and forecast 2018-2023
- Market opportunity by product
CUSTOMER LANDSCAPE
GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
MARKET TRENDS
- Increase in sales through online distribution channel
- Rising demand for cordless electric screw guns
- Emergence of energy-efficient power tools
VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Emerson Electric
- Makita Corporation
- Robert Bosch
- Stanley Black & Decker
- Techtronic Industries
APPENDIX
- Research methodology
- List of abbreviations
Research Framework
Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.
INFORMATION SOURCES
Primary sources
- Manufacturers and suppliers
- Channel partners
- Industry experts
- Strategic decision makers
Secondary sources
- Industry journals and periodicals
- Government data
- Financial reports of key industry players
- Historical data
- Press releases
DATA ANALYSIS
Data Synthesis
- Collation of data
- Estimation of key figures
- Analysis of derived insights
Data Validation
- Triangulation with data models
- Reference against proprietary databases
- Corroboration with industry experts
REPORT WRITING
Qualitative
- Market drivers
- Market challenges
- Market trends
- Five forces analysis
Quantitative
- Market size and forecast
- Market segmentation
- Geographical insights
- Competitive landscape
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Key Questions Answered
- What are the key global market and the regional market share?
- What are the revenue-generating key market segments?
- What are the key factors driving and challenging this market’s growth?
- Who are the key market vendors and their growth strategies?
- What are the latest trends influencing the growth of this market?
- What are the variables influencing the market growth in the primary regions?
- What are the factors influencing the growth of the parent market?
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