Global Brushless Electric Screwdriver Market – Industry Trends and Forecast to 2030
Report ID: MS-2151 | Electronics and Semiconductors | Last updated: Nov, 2024 | Formats*:
Description
Table of content
Market Segments
The Brushless Electric Screwdriver market is experiencing robust expansion, with market size projected to increase from 421.60 billion in 2024 to
456.02 billion by 2030, demonstrating a consistent year-over-year growth rate of 1.13%. Brushless Electric Screwdriver Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Wired, Wirelss), by applications (Machinery, Automobile, Others) And regions (North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2030
The global brushless electric screwdriver market includes designing, manufacturing, and selling brushless motor electric screwdrivers. Brushless gear motor screwdrivers are far superior when it comes to their constant usage in construction, as most of them are designed to operate for a longer period, outperforming the ordinary power screwdrivers with batteries.
The market is rather consolidated in nature and is affected by the many factors, including the rise in demand for cordless tools for do-it-yourself as well as professional applications, the rise in battery technology, and increased energy efficiency and sustainability considerations. It is anticipated that reliable and high-powered cordless screwdrivers will be in high demand as the construction and manufacturing sectors change over time.
Brushless Electric Screwdriver Report Highlights
Report Metrics | Details |
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Forecast period | 2019-2030 |
Base Year Of Estimation | 2023 |
Growth Rate | CAGR of 1.13% |
Forecast Value (2030) | USD 456.02 billion |
By Product Type | Wired, Wirelss |
Key Market Players |
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By Region |
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Brushless Electric Screwdriver Market Trends
The global market for brushless electric screwdrivers is evolving with a focus on increasing operational efficiency and battery performance. This is mainly due to the uptake of brushless motors. Brushless motors are more efficient than the brushed ones thanks to their ability to deliver more torque, attain higher speeds, and cause less wear and tear, thus increasing the longevity and reducing the maintenance of the tools used. Industries are compacting power and durability into appliances; thus, brushless electric screwdrivers are no longer a surprise to practitioners in construction, automotive, electronics, and other related fields. In addition to the aforesaid, there are also improvements in lithium-ion battery technology, which eases the manipulation of these tools, hence cutting across the user-friendly aspect. A further identifiable trend is the rapid development towards the use of smart monitors and controls in brushless electric screwdrivers. Manufacturers are upgrading their tools by including torque control and speed regulation as well as Bluetooth features so that users can set their machines and monitor their performance with a mobile phone application. These are in line with the expectations of the modern specialists who want to get a higher level of accuracy, automatization, and analytics in their work.Brushless Electric Screwdriver Market Leading Players
The key players profiled in the report are AEG Powertools, Delta Regis Tools, Desoutter Tools, DEWALT Industrial Tool, EINHELL, FIAM Utensili Pneumatici Spa, HITACHI KOKI, HS-Technik GmbH, Kolver, Loover Industrial Co,Ltd, MAKITA, Metabowerke, Mijin System, Mountz Inc, Rami Yokota B.V, SPARKY Power Tools, TTS Tooltechnic SystemsGrowth Accelerators
The growing use of power tools that have better effectiveness, durability, and performance is one of the factors that is stimulating the growth of the brushless electric screwdriver market. Brushless motors incorporate numerous benefits as compared to traditional brushed motors, including enhanced durability, higher efficiency, and low maintenance. These characteristics make them more suited for major sectors like construction, automotive, and manufacturing industries, where tools are subjected to heavy usage in extreme conditions. Moreover, the increasing automation in these sectors is also EBD; this trend encourages practitioners to use high-quality, efficient electric screwdrivers so that productivity is enhanced while operational expenses are reduced. The other driving factor is the increasing popularity of lightweight, portable power tools that are mostly battery powered, more especially in the DIY and home improvement segments. Brushless electric screwdrivers can be designed slimmer with higher torque output which makes them suitable for performing precision and power tasks in confined areas. Due to progress in battery technology, especially the introduction of lithium-ion batteries, such tools have become lighter and more effective, leading to higher consumer uptake.Brushless Electric Screwdriver Market Segmentation analysis
The Global Brushless Electric Screwdriver is segmented by Type, Application, and Region. By Type, the market is divided into Distributed Wired, Wirelss . The Application segment categorizes the market based on its usage such as Machinery, Automobile, Others. Geographically, the market is assessed across key Regions like North America(United States, Canada, Mexico), South America(Brazil, Argentina, Chile, Rest of South America), Europe(Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific(China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA(Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.Competitive Landscape
The competitive environment in which the brushless electric screwdriver market exists is characterized by the presence of a handful of major companies that compete on technology, product quality, and the expansion of their product lines. Leading players in the market, such as Bosch, Makita, DeWalt, and Hitachi manufacturers, are engaged in producing various powerful brushless electric screwdrivers that include extended battery life, increased torque, and decreased maintenance. These companies, leaders in their fields, make investments in R&D to enhance not only the efficiency of the motors used but also the longevity and usability of the tools themselves, which is a rising trend in industries such as construction, automotive, and manufacturing for professional-grade tools.Challenges In Brushless Electric Screwdriver Market
One of the key factors that hinders development in the sector of brushless electric screwdrivers is the cost associated with the technology and its implementation. The cost of manufacturing brushless motors economically is higher compared to that of the ordinary brushed motors, thereby increasing the overall manufacturing cost of the electric screwdrivers. This impact on the pricing can restrict the supply as seen among many markets, especially for the small players or low-income earners who would otherwise want the less costly conventional screwdrivers. However, it presents an ultimatum where the manufacturers try to develop the high-cost performance products to address a wider market scope yet maintain the quality and durability of the product. The other dilemma facing the growth of brushless electric screwdrivers is the threat of substitutes. As brushless electric screwdrivers are designed to be efficient and reliable and have greater torque, customers do not always have to rely on them, as there are other options, such as pneumatic or cordless screwdrivers, which might be more effective in meeting their needs or budgets. Furthermore, competition is further edified by the rapid changes in technology, as many manufacturers are unable to keep up with the changes as their products become obsolete due to advancements in newer versions or models.Risks & Prospects in Brushless Electric Screwdriver Market
The speed with which the brushless electric screwdriver market is expected to grow is huge, as broad-based mobilization of industries raises the need for high-quality and energy-saving devices, especially in construction, automobiles, electronics, and other sectors. Advantages of brushless motors transcending traditional brushed motors, such as high efficiency, durability, and low maintenance, make them common tools among light machines and, in the case of power tools, heavy machines. With the rise of brushless electric screwdrivers to more efficient operations in industry, the sales of these products will rise eventually, especially where accuracy and steady work, such as in factories or maintenance centres, is required. A further significant opportunity presents itself with the increasing trend towards power tools that are cordless and portable that are becoming more common in both domestic and industrial markets. Furthermore, with the adoption of smart tools that comprise features like torque control and connectivity, there exist opportunities for new product development in the brushless electric screwdriver market, leading to market growth.Key Target Audience
The brushless electric screwdriver industry market majorly targets professionals belonging to various sectors such as automotive, construction, and manufacturing. construction. This is because brushless electric screwdrivers are efficient, durable, and can withstand heavy-duty operating conditions accurately. In the assembly lines of automobiles, in construction activities, and in general manufacturing processes, these tools appreciate the enhanced torque they provide, their durability, and the minimal maintenance required as opposed to the conventional brush motors; hence they are suitable for high-performance and continuous-use applications.,, Another key area is the DIY and home improvements segment, where handypersons and other users are in demand for brushless electric screwdrivers because they are easy to handle, have extended battery ability, and are lightweight. Such users take advantage of the technology as it assures the users of high levels of power output and the compact as well as ergonomic designs of the tools.Merger and acquisition
Current activity iceberg shows that brushless electric screwdriver industry mergers and acquisitions mostly aim at building up both the products and the presence in the market. For instance, dominant players in the industry such as Atlas Copco (Desoutter) have sought to develop their product lines and markets by acquiring small, creative power tools and automation-oriented companies. Such strategies are mainly developed to meet the increasing demand for high-performance, low-maintenance tools in industries such as automotive, aeronautics, and general production, among other manufacturers. Moreover, as separate, smaller niche manufacturers have started to do some mergers with the purpose of enhancing the electric screwdrivers with new technologies such as the Internet of Things and smart devices.Table of content
1: Introduction
2: Executive Summary
3: Market Overview
4: Brushless Electric Screwdriver Market by Type
5: Brushless Electric Screwdriver Market by Application / by End Use
6: Brushless Electric Screwdriver Market by Region
8: Company Profiles
9: Analyst Perspective and Conclusion
- 1.1 Report description
- 1.2 Key market segments
- 1.3 Key benefits to the stakeholders
2: Executive Summary
- 2.1 Brushless Electric Screwdriver- Snapshot
- 2.2 Brushless Electric Screwdriver- Segment Snapshot
- 2.3 Brushless Electric Screwdriver- Competitive Landscape Snapshot
3: Market Overview
- 3.1 Market definition and scope
- 3.2 Key findings
- 3.2.1 Top impacting factors
- 3.2.2 Top investment pockets
- 3.3 Porter’s five forces analysis
- 3.3.1 Low bargaining power of suppliers
- 3.3.2 Low threat of new entrants
- 3.3.3 Low threat of substitutes
- 3.3.4 Low intensity of rivalry
- 3.3.5 Low bargaining power of buyers
- 3.4 Market dynamics
- 3.4.1 Drivers
- 3.4.2 Restraints
- 3.4.3 Opportunities
4: Brushless Electric Screwdriver Market by Type
- 4.1 Overview
- 4.1.1 Market size and forecast
- 4.2 Wired
- 4.2.1 Key market trends, factors driving growth, and opportunities
- 4.2.2 Market size and forecast, by region
- 4.2.3 Market share analysis by country
- 4.3 Wirelss
- 4.3.1 Key market trends, factors driving growth, and opportunities
- 4.3.2 Market size and forecast, by region
- 4.3.3 Market share analysis by country
5: Brushless Electric Screwdriver Market by Application / by End Use
- 5.1 Overview
- 5.1.1 Market size and forecast
- 5.2 Machinery
- 5.2.1 Key market trends, factors driving growth, and opportunities
- 5.2.2 Market size and forecast, by region
- 5.2.3 Market share analysis by country
- 5.3 Automobile
- 5.3.1 Key market trends, factors driving growth, and opportunities
- 5.3.2 Market size and forecast, by region
- 5.3.3 Market share analysis by country
- 5.4 Others
- 5.4.1 Key market trends, factors driving growth, and opportunities
- 5.4.2 Market size and forecast, by region
- 5.4.3 Market share analysis by country
6: Brushless Electric Screwdriver Market by Region
- 6.1 Overview
- 6.1.1 Market size and forecast By Region
- 6.2 North America
- 6.2.1 Key trends and opportunities
- 6.2.2 Market size and forecast, by Type
- 6.2.3 Market size and forecast, by Application
- 6.2.4 Market size and forecast, by country
- 6.2.4.1 United States
- 6.2.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.1.2 Market size and forecast, by Type
- 6.2.4.1.3 Market size and forecast, by Application
- 6.2.4.2 Canada
- 6.2.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.2.2 Market size and forecast, by Type
- 6.2.4.2.3 Market size and forecast, by Application
- 6.2.4.3 Mexico
- 6.2.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.2.4.3.2 Market size and forecast, by Type
- 6.2.4.3.3 Market size and forecast, by Application
- 6.2.4.1 United States
- 6.3 South America
- 6.3.1 Key trends and opportunities
- 6.3.2 Market size and forecast, by Type
- 6.3.3 Market size and forecast, by Application
- 6.3.4 Market size and forecast, by country
- 6.3.4.1 Brazil
- 6.3.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.1.2 Market size and forecast, by Type
- 6.3.4.1.3 Market size and forecast, by Application
- 6.3.4.2 Argentina
- 6.3.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.2.2 Market size and forecast, by Type
- 6.3.4.2.3 Market size and forecast, by Application
- 6.3.4.3 Chile
- 6.3.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.3.2 Market size and forecast, by Type
- 6.3.4.3.3 Market size and forecast, by Application
- 6.3.4.4 Rest of South America
- 6.3.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.3.4.4.2 Market size and forecast, by Type
- 6.3.4.4.3 Market size and forecast, by Application
- 6.3.4.1 Brazil
- 6.4 Europe
- 6.4.1 Key trends and opportunities
- 6.4.2 Market size and forecast, by Type
- 6.4.3 Market size and forecast, by Application
- 6.4.4 Market size and forecast, by country
- 6.4.4.1 Germany
- 6.4.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.1.2 Market size and forecast, by Type
- 6.4.4.1.3 Market size and forecast, by Application
- 6.4.4.2 France
- 6.4.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.2.2 Market size and forecast, by Type
- 6.4.4.2.3 Market size and forecast, by Application
- 6.4.4.3 Italy
- 6.4.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.3.2 Market size and forecast, by Type
- 6.4.4.3.3 Market size and forecast, by Application
- 6.4.4.4 United Kingdom
- 6.4.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.4.2 Market size and forecast, by Type
- 6.4.4.4.3 Market size and forecast, by Application
- 6.4.4.5 Benelux
- 6.4.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.5.2 Market size and forecast, by Type
- 6.4.4.5.3 Market size and forecast, by Application
- 6.4.4.6 Nordics
- 6.4.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.6.2 Market size and forecast, by Type
- 6.4.4.6.3 Market size and forecast, by Application
- 6.4.4.7 Rest of Europe
- 6.4.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.4.4.7.2 Market size and forecast, by Type
- 6.4.4.7.3 Market size and forecast, by Application
- 6.4.4.1 Germany
- 6.5 Asia Pacific
- 6.5.1 Key trends and opportunities
- 6.5.2 Market size and forecast, by Type
- 6.5.3 Market size and forecast, by Application
- 6.5.4 Market size and forecast, by country
- 6.5.4.1 China
- 6.5.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.1.2 Market size and forecast, by Type
- 6.5.4.1.3 Market size and forecast, by Application
- 6.5.4.2 Japan
- 6.5.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.2.2 Market size and forecast, by Type
- 6.5.4.2.3 Market size and forecast, by Application
- 6.5.4.3 India
- 6.5.4.3.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.3.2 Market size and forecast, by Type
- 6.5.4.3.3 Market size and forecast, by Application
- 6.5.4.4 South Korea
- 6.5.4.4.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.4.2 Market size and forecast, by Type
- 6.5.4.4.3 Market size and forecast, by Application
- 6.5.4.5 Australia
- 6.5.4.5.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.5.2 Market size and forecast, by Type
- 6.5.4.5.3 Market size and forecast, by Application
- 6.5.4.6 Southeast Asia
- 6.5.4.6.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.6.2 Market size and forecast, by Type
- 6.5.4.6.3 Market size and forecast, by Application
- 6.5.4.7 Rest of Asia-Pacific
- 6.5.4.7.1 Key market trends, factors driving growth, and opportunities
- 6.5.4.7.2 Market size and forecast, by Type
- 6.5.4.7.3 Market size and forecast, by Application
- 6.5.4.1 China
- 6.6 MEA
- 6.6.1 Key trends and opportunities
- 6.6.2 Market size and forecast, by Type
- 6.6.3 Market size and forecast, by Application
- 6.6.4 Market size and forecast, by country
- 6.6.4.1 Middle East
- 6.6.4.1.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.1.2 Market size and forecast, by Type
- 6.6.4.1.3 Market size and forecast, by Application
- 6.6.4.2 Africa
- 6.6.4.2.1 Key market trends, factors driving growth, and opportunities
- 6.6.4.2.2 Market size and forecast, by Type
- 6.6.4.2.3 Market size and forecast, by Application
- 6.6.4.1 Middle East
- 7.1 Overview
- 7.2 Key Winning Strategies
- 7.3 Top 10 Players: Product Mapping
- 7.4 Competitive Analysis Dashboard
- 7.5 Market Competition Heatmap
- 7.6 Leading Player Positions, 2022
8: Company Profiles
- 8.1 AEG Powertools
- 8.1.1 Company Overview
- 8.1.2 Key Executives
- 8.1.3 Company snapshot
- 8.1.4 Active Business Divisions
- 8.1.5 Product portfolio
- 8.1.6 Business performance
- 8.1.7 Major Strategic Initiatives and Developments
- 8.2 Delta Regis Tools
- 8.2.1 Company Overview
- 8.2.2 Key Executives
- 8.2.3 Company snapshot
- 8.2.4 Active Business Divisions
- 8.2.5 Product portfolio
- 8.2.6 Business performance
- 8.2.7 Major Strategic Initiatives and Developments
- 8.3 Desoutter Tools
- 8.3.1 Company Overview
- 8.3.2 Key Executives
- 8.3.3 Company snapshot
- 8.3.4 Active Business Divisions
- 8.3.5 Product portfolio
- 8.3.6 Business performance
- 8.3.7 Major Strategic Initiatives and Developments
- 8.4 DEWALT Industrial Tool
- 8.4.1 Company Overview
- 8.4.2 Key Executives
- 8.4.3 Company snapshot
- 8.4.4 Active Business Divisions
- 8.4.5 Product portfolio
- 8.4.6 Business performance
- 8.4.7 Major Strategic Initiatives and Developments
- 8.5 EINHELL
- 8.5.1 Company Overview
- 8.5.2 Key Executives
- 8.5.3 Company snapshot
- 8.5.4 Active Business Divisions
- 8.5.5 Product portfolio
- 8.5.6 Business performance
- 8.5.7 Major Strategic Initiatives and Developments
- 8.6 FIAM Utensili Pneumatici Spa
- 8.6.1 Company Overview
- 8.6.2 Key Executives
- 8.6.3 Company snapshot
- 8.6.4 Active Business Divisions
- 8.6.5 Product portfolio
- 8.6.6 Business performance
- 8.6.7 Major Strategic Initiatives and Developments
- 8.7 HITACHI KOKI
- 8.7.1 Company Overview
- 8.7.2 Key Executives
- 8.7.3 Company snapshot
- 8.7.4 Active Business Divisions
- 8.7.5 Product portfolio
- 8.7.6 Business performance
- 8.7.7 Major Strategic Initiatives and Developments
- 8.8 HS-Technik GmbH
- 8.8.1 Company Overview
- 8.8.2 Key Executives
- 8.8.3 Company snapshot
- 8.8.4 Active Business Divisions
- 8.8.5 Product portfolio
- 8.8.6 Business performance
- 8.8.7 Major Strategic Initiatives and Developments
- 8.9 Kolver
- 8.9.1 Company Overview
- 8.9.2 Key Executives
- 8.9.3 Company snapshot
- 8.9.4 Active Business Divisions
- 8.9.5 Product portfolio
- 8.9.6 Business performance
- 8.9.7 Major Strategic Initiatives and Developments
- 8.10 Loover Industrial Co
- 8.10.1 Company Overview
- 8.10.2 Key Executives
- 8.10.3 Company snapshot
- 8.10.4 Active Business Divisions
- 8.10.5 Product portfolio
- 8.10.6 Business performance
- 8.10.7 Major Strategic Initiatives and Developments
- 8.11 Ltd
- 8.11.1 Company Overview
- 8.11.2 Key Executives
- 8.11.3 Company snapshot
- 8.11.4 Active Business Divisions
- 8.11.5 Product portfolio
- 8.11.6 Business performance
- 8.11.7 Major Strategic Initiatives and Developments
- 8.12 MAKITA
- 8.12.1 Company Overview
- 8.12.2 Key Executives
- 8.12.3 Company snapshot
- 8.12.4 Active Business Divisions
- 8.12.5 Product portfolio
- 8.12.6 Business performance
- 8.12.7 Major Strategic Initiatives and Developments
- 8.13 Metabowerke
- 8.13.1 Company Overview
- 8.13.2 Key Executives
- 8.13.3 Company snapshot
- 8.13.4 Active Business Divisions
- 8.13.5 Product portfolio
- 8.13.6 Business performance
- 8.13.7 Major Strategic Initiatives and Developments
- 8.14 Mijin System
- 8.14.1 Company Overview
- 8.14.2 Key Executives
- 8.14.3 Company snapshot
- 8.14.4 Active Business Divisions
- 8.14.5 Product portfolio
- 8.14.6 Business performance
- 8.14.7 Major Strategic Initiatives and Developments
- 8.15 Mountz Inc
- 8.15.1 Company Overview
- 8.15.2 Key Executives
- 8.15.3 Company snapshot
- 8.15.4 Active Business Divisions
- 8.15.5 Product portfolio
- 8.15.6 Business performance
- 8.15.7 Major Strategic Initiatives and Developments
- 8.16 Rami Yokota B.V
- 8.16.1 Company Overview
- 8.16.2 Key Executives
- 8.16.3 Company snapshot
- 8.16.4 Active Business Divisions
- 8.16.5 Product portfolio
- 8.16.6 Business performance
- 8.16.7 Major Strategic Initiatives and Developments
- 8.17 SPARKY Power Tools
- 8.17.1 Company Overview
- 8.17.2 Key Executives
- 8.17.3 Company snapshot
- 8.17.4 Active Business Divisions
- 8.17.5 Product portfolio
- 8.17.6 Business performance
- 8.17.7 Major Strategic Initiatives and Developments
- 8.18 TTS Tooltechnic Systems
- 8.18.1 Company Overview
- 8.18.2 Key Executives
- 8.18.3 Company snapshot
- 8.18.4 Active Business Divisions
- 8.18.5 Product portfolio
- 8.18.6 Business performance
- 8.18.7 Major Strategic Initiatives and Developments
9: Analyst Perspective and Conclusion
- 9.1 Concluding Recommendations and Analysis
- 9.2 Strategies for Market Potential
Scope of Report
Aspects | Details |
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By Type |
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