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Global Electric Screw Gun Market 2019-2023

Global Electric Screw Gun Market 2019-2023

About this market

The growing need among homeowners for a convenient and comfortable lifestyle has led to the rapid adoption of DIY products such as electric screw guns. Compared to manual screwdrivers, electric screw guns/drivers help users in loosening or tightening screws thoroughly in a short period of time. Growing labor costs in developed countries are also driving the global electric screw gun market. Buying an electric screw gun is a one-time investment for end-users as most branded electric screw guns are of superior build and rarely need servicing. Rapid urbanization is also a key factor for the growing use of electric screw guns. Urbanization has effected major changes in the lifestyles of people in both developed and developing countries. These factors are pushing up sales of DIY power tools such as electric screw guns. Technavio’s analysts have predicted that the electric screw guns market will register a CAGR of close to 5% by 2023.

Market Overview

Growth of housing industry

The flow of investments for building new homes and renovating old ones has increased significantly, especially in developing economies. The global housing industry has expanded rapidly in the last few years amid swelling urbanization, technological advancements, changing lifestyles, and population explosion. This, in turn, increases the demand for power tools, including electric screw guns.

Infrequent purchases due to longer average lifespan

The lifecycle of electric screw guns and other branded power tools is high as they are of good quality and can endure longer with minimum but regular maintenance. Some electric screw guns are expensive and are considered one-time investments. The longer average lifespan of electric screw guns lowers new sales. Hence, this is considered a significant challenge for the market.

For the detailed list of factors that will drive and challenge the growth of the electric screw gun market during the 2019-2023, view our report.

Competitive Landscape

The global electric screw gun market is extremely fragmented due to the presence of several companies. This market research report will help clients identify new growth opportunities and design unique growth strategies by providing a comprehensive analysis of the market’s competitive landscape and offering information on the products offered by companies.’

  • Executive summary
  • Scope of the report
    • Preface
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global power tools market
      • Table Segments of global power tools market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by product
    • Table Product - Market share 2018-2023 (%)
    • Comparison by product
      • Table Comparison by product
    • Cordless - Market size and forecast 2018-2023
      • Table Cordless - Market size and forecast 2018-2023 ($ millions)
      • Table Cordless - Year-over-year growth 2019-2023 (%)
    • Corded - Market size and forecast 2018-2023
      • Table Corded - Market size and forecast 2018-2023 ($ millions)
      • Table Corded - Year-over-year growth 2019-2023 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and 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
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
      • Table Vendor_analysis1
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Emerson Electric
      • Table Emerson Electric - Vendor overview
      • Table Emerson Electric - Business segments
      • Table Emerson Electric - Organizational developments
      • Table Emerson Electric - Geographic focus
      • Table Emerson Electric - Segment focus
      • Table Emerson Electric - Key offerings
    • Makita Corporation
      • Table Makita Corporation - Vendor overview
      • Table Makita Corporation - Business segments
      • Table Makita Corporation - Organizational developments
      • Table Makita Corporation - Geographic focus
      • Table Makita Corporation - Segment focus
      • Table Makita Corporation - Key offerings
    • Robert Bosch
      • Table Robert Bosch - Vendor overview
      • Table Robert Bosch - Business segments
      • Table Robert Bosch - Organizational developments
      • Table Robert Bosch - Geographic focus
      • Table Robert Bosch - Segment focus
      • Table Robert Bosch - Key offerings
    • Stanley Black & Decker
      • Table Stanley Black & Decker - Vendor overview
      • Table Stanley Black & Decker - Business segments
      • Table Stanley Black & Decker - Organizational developments
      • Table Stanley Black & Decker - Geographic focus
      • Table Stanley Black & Decker - Segment focus
      • Table Stanley Black & Decker - Key offerings
    • Techtronic Industries
      • Table Techtronic Industries - Vendor overview
      • Table Techtronic Industries - Business segments
      • Table Techtronic Industries - Organizational developments
      • Table Techtronic Industries - Geographic focus
      • Table Techtronic Industries - Segment focus
      • Table Techtronic Industries - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
      • Table List of abbreviations
  • Explore Technavio

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