WiseGuyReports.com adds “Electric Screwdriver Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2025” reports to its database.
Executive Summary
This report studies the global Electric Screwdriver market status and forecast, categorizes the global Electric Screwdriver market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia, Central & South America, and Middle East & Africa).
Electric screwdriver is a type of power tool that relies on a current control motor to quickly tighten the screws to the set torque.
The electric screwdriver industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and Western European. They also like set up plants in China to expand market share. China has many producers and they produce about 67.5% of the global electric screwdriver production, but its products are more concentrated in household products.
The key consumption markets locate at developed countries. China takes the market share of 30.35%, followed by Europe with 28.75%. Global consumption market has a quicker growing speed of CAGR 3.13%.
We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.
In the international market, the marketing channels characteristic differ from company to company.
The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position.
Companies in developing countries such as China, in contrast, put more effort on direct selling business. They can act as exports at the same time, and it is a common phenomenon in this industry. As they do not have that much international brand influence, their product quality is not good enough when comparing with leading companies, however, they have price advantage. They like to expand their market share in developing countries and low-end international market.
The market is not only influenced by the price, but also influenced by the product performance. Although China domestic companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers selling their products to underdevelopment regions these years.
This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic accelerating, especially in underdevelopment regions that have a large population and fast economic growth, the need of electric screwdriver will increase.
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The global Electric Screwdriver market is valued at 400 million US$ in 2017 and will reach 420 million US$ by the end of 2025, growing at a CAGR of 0.5% during 2018-2025.
The major manufacturers covered in this report
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
The study objectives of this report are:
In this study, the years considered to estimate the market size of Electric Screwdriver are as follows:
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Available Customizations
With the given market data, We offers customizations according to the company’s specific needs. The following customization options are available for the report:
Regional and country-level analysis of the Electric Screwdriver market, by end-use.
Detailed analysis and profiles of additional market players.
Table of Contents
Global Electric Screwdriver Market Research Report 2018
1 Electric Screwdriver Market Overview
2 Global Electric Screwdriver Market Competition by Manufacturers
3 Global Electric Screwdriver Capacity, Production, Revenue (Value) by Region (2013-2018)
4 Global Electric Screwdriver Supply (Production), Consumption, Export, Import by Region (2013-2018)
5 Global Electric Screwdriver Production, Revenue (Value), Price Trend by Type
6 Global Electric Screwdriver Market Analysis by Application
7 Global Electric Screwdriver Manufacturers Profiles/Analysis
8 Electric Screwdriver Manufacturing Cost Analysis
9 Industrial Chain, Sourcing Strategy and Downstream Buyers
10 Marketing Strategy Analysis, Distributors/Traders
11 Market Effect Factors Analysis
12 Global Electric Screwdriver Market Forecast (2018-2025)
13 Research Findings and Conclusion
14 Appendix
Continuous…
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