Insights into the Industry
The cordless tools industry has been witnessing optimal growth in recent years and is likely to continue even in upcoming years. The growth of cordless tools ’s industry size can be attributed to rising investments in research & development activities, entry of new players, product innovation, technological breakthroughs, effective allocation of resources, and growing competition among business rivals to expand its regional as well as customer base. Supportive government policies and incentives, as well as favorable laws, are projected to determine the growth of the cordless tools market in foreseeable future. An increase in the spending capacity of customers with the rise in disposable income will further contribute towards cordless tools 's market proceeds.
This market research report is a comprehensive overview of the events taking place in the cordless tools industry and impacting its growth. Our report divides the cordless tools market into various segments or categories based on products, applications, region, etc. Additionally, our research analysts have listed the key players of the global cordless tools market and compared them based on metrics such as market revenue, Y-O-Y sales, shipments volume, historical data, and successful implementation of business strategies such as strategic alliances, mergers & acquisitions, joint ventures, product development, and partnerships & collaborations.
Market Research Store (MRS) published a brand new report titled “Cordless Tools Market research report which is segmented by Products (Cordless Impact Wrench, Cordless Ratchet Wrench, Cordless Brushless Impact, Other), by Applications (Commercial, Household), by Key Players/Companies Channellock, Ajay, Excelta, JETECH, JPW Industries, Stanley, Wurth Group, Klein Tools, DUCK, Akar Tools, TTi, Pro'skit, Ideal Industries, PHOENIX, Snap-on Inc., Apex Tool Group, Textron, Irwin, Tajima, JK Files, Sinotools, Great Wall Precision, Wiha, Knipex”. In 2020, the global cordless tools market value was registered at XX (USD Million/Billion) and is predicted to reach XX (USD Million/Billion) at a CAGR of XX% by 2028.
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| Report Attributes | Report Details |
|---|---|
| Report Title | Cordless Tools Market Research Report |
| By Products | Cordless Impact Wrench, Cordless Ratchet Wrench, Cordless Brushless Impact, Other |
| By Applications | Commercial, Household |
| By Key Players | Channellock, Ajay, Excelta, JETECH, JPW Industries, Stanley, Wurth Group, Klein Tools, DUCK, Akar Tools, TTi, Pro'skit, Ideal Industries, PHOENIX, Snap-on Inc., Apex Tool Group, Textron, Irwin, Tajima, JK Files, Sinotools, Great Wall Precision, Wiha, Knipex |
| Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East And Africa (MEA) |
| Countries Covered | North America : U.S and Canada Europe : U.K, Spain, Germany, Italy, Russia, France, Rest of Europe APAC : Japan, India, China, Australia, South Korea, South East Asia, Rest of Asia Pacific Latin America : Mexico, Brazil The Middle East And Africa : South Africa, UAE, Saudi Arab, Rest of MEA |
| Base Year | 2020 |
| Historical Year | 2016to 2020 (Depending on availability, data from 2010 can be offered) |
| Forecast Year | 2028 |
| Number of Pages | 104 |
| Customization Available | Yes, the report can be tailored to meet your specific requirements. |
Based on these findings, the global cordless tools industry study suggests strategies to existing market participants as to how they can improve & reinforce their market position. In addition to this, the study also recommends successful market penetrating strategies for new entrants. Furthermore, cordless tools industry study report has included all major manufacturers and distributors operating in the cordless tools market across all major regions.
Cordless Tools Market Strategic Analysis
Various analytical methods such as Porter’s Five Force Analysis, SWOT analysis, Market Share Analysis, Competitive Analysis, PESTEL Analysis, Market Attractiveness Analysis, and Value Chain Analysis have been used to analyze the market in the research report. These assessments help users of the report in examining and evaluating cordless tools market on the basis of different metrics such as switching costs, economies of scale, current sales, brand loyalty, brand equity, capital investments, production rights, research & development activities, copyrights & patents, legislations, effects of promotional activities, and consumer preferences.
The information provided in our market research report is anticipated to help the industry stakeholders in the effective decision-making process and successful business outcomes. Moreover, we have been using Ansoff Matrix to help firms analyze and plan their business growth strategies.
Additionally, our report contains a growth-share matrix that aids firms’ business decisions for prioritizing their myriad businesses. We have also included GE Nine Cell Matrix that is helpful in making strategic planning and can help firms in determining their position in the market along with analyzing their growth strategies.
Our researchers also make use of the perceptual map to demonstrate how to target consumers feel about a given brand and form perception about it. We have also included the Customer-Based Brand Equity (CBBE) Model for helping firms effectively position their brands.
Cordless Tools Market Key Trends Analysis
The key factors influencing the growth of the cordless tools market have been assessed in the report. Factors having a huge influence on market demand and restraining factors that impact the development of the market are both addressed rigorously & in-depth in our global market research report.
Furthermore, trends that play a key role in market’s growth are discussed comprehensively in the report. Moreover, a large number of qualitative factors or measurements are included in the report and this includes operating risks and major obstacles encountered by players in the industry.
Cordless Tools Market Key Segment Analysis
The report delivers a critical assessment on the cordless tools market by segmenting it based on Products, Applications, and region. All the segments and categories of the cordless tools market have been evaluated based on past, present and future trends and are key parameters determining & defining the growth of the market.
The data for the market and its segments and categories are provided from 2016 to 2028. The report has identified the key segments and categories contributing substantially towards overall market growth in terms of revenue & volume.
Based on Products, the global cordless tools market is segmented into Cordless Impact Wrench, Cordless Ratchet Wrench, Cordless Brushless Impact, Other. Comprehensive qualitative and quantitative this segment analysis will be provided in the report from 2016 to 2028.
Based on Applications, market is divided into Commercial, Household. A slew of business growth opportunities and dynamics affecting the different segments are analyzed and discussed in the report.
Impact Assessment of COVID-19
The COVID-19 outbreak has wreaked havoc on worldwide economic and social systems. The disease has entered several industries' value and supply chains, including the cordless tools market. The government imposed lockdowns in various locations. We will examine the impact of the COVID-19 pandemic on the global market, looking at both demand and supply.
The COVID-19 pandemic's short- and long-term impacts would be explored to provide a summary. This would help build business plans for all market participants, including manufacturers, vendors, suppliers, distributors, and end-users, during and after the epidemic.
Cordless Tools Market Regional Trends and Market Player’s Analysis
On the basis of region, the market is segregated into North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.
The major players holding a huge chunk of market share in the global cordless tools market and impacting market profitability are evaluated after considering their product & services revenue, sales, business plans, innovations, and growth rate. The final position of a player in the market depends on market events or market happenings, new product launches, mergers & acquisitions, benchmarking, regional expansions, and technical innovations.
For all the key stakeholders of the market, value chain and technology ecosystem, as well as the information provided in this market research report, will prove beneficial. The study offers an outline of the company’s market share and an extensive summary of the major players in the cordless tools market.
Some of the leading players profiled in the global cordless tools market are,
- Channellock
- Ajay
- Excelta
- JETECH
- JPW Industries
- Stanley
- Wurth Group
- Klein Tools
- DUCK
- Akar Tools
- TTi
- Pro'skit
- Ideal Industries
- PHOENIX
- Snap-on Inc.
- Apex Tool Group
- Textron
- Irwin
- Tajima
- JK Files
- Sinotools
- Great Wall Precision
- Wiha
- Knipex
The Key Audiences for Cordless Tools Market Report
- Research Institutes & consulting firms
- Industry Leaders, as well as companies, aspiring to enter the cordless tools market
- Student and universities
- Solution Providers, product providers, service providers, and other players in the industry
- Associated private firms and government bodies
- Individuals interested to learn about market
The report segments of the global cordless tools market are as follows:
Global Cordless Tools Market: By Products
- Cordless Impact Wrench
- Cordless Ratchet Wrench
- Cordless Brushless Impact
- Other
Global Cordless Tools Market: By Applications
- Commercial
- Household
The Most Important Research Methodologies
Primary sources include industry experts from management corporations, processing organizations, and analytical service providers who serve businesses across the sector's value chain. We interviewed key sources to acquire qualitative and quantitative data and analyse future prospects.
Primary research undertaken for this report comprised interviews with industry professionals such as CEOs, Vice Presidents, Marketing Directors and Technology Directors of strong core organizations and institutions in major cordless tools . We interviewed them to get qualitative and quantitative data.
The following are the justifications for purchasing the global Cordless Tools market report:
- Statistical data is well-referenced, and the source is a significant resource for directing interested companies.
- Market development trends and marketing channels that are cutting-edge are discussed.
- The feasibility and growth rate of the market as a whole over the foreseeable future are determined.
- The competitive landscape and demographic research provide a clear picture of the current state of the market on an international scale.
- A thorough examination of development policies and plans, manufacturing processes, and costing provides a more accurate picture of import/export consumption, supply and demand, pricing, revenue, and gross margins, among other things.
- Customization is possible based on the client's requirements.
Frequently Asked Questions
- Channellock
- Ajay
- Excelta
- JETECH
- JPW Industries
- Stanley
- Wurth Group
- Klein Tools
- DUCK
- Akar Tools
- TTi
- Pro'skit
- Ideal Industries
- PHOENIX
- Snap-on Inc.
- Apex Tool Group
- Textron
- Irwin
- Tajima
- JK Files
- Sinotools
- Great Wall Precision
- Wiha
- Knipex
Table Of Content
Table of Content 1 Report Overview 1.1 Study Scope 1.2 Key Market Segments 1.3 Regulatory Scenario by Region/Country 1.4 Market Investment Scenario Strategic 1.5 Market Analysis by Type 1.5.1 Global Cordless Tools Market Share by Type (2020-2026) 1.5.2 Cordless Impact Wrench 1.5.3 Cordless Ratchet Wrench 1.5.4 Cordless Brushless Impact 1.5.5 Other 1.6 Market by Application 1.6.1 Global Cordless Tools Market Share by Application (2020-2026) 1.6.2 Commercial 1.6.3 Household 1.7 Cordless Tools Industry Development Trends under COVID-19 Outbreak 1.7.1 Global COVID-19 Status Overview 1.7.2 Influence of COVID-19 Outbreak on Cordless Tools Industry Development 2. Global Market Growth Trends 2.1 Industry Trends 2.1.1 SWOT Analysis 2.1.2 Porter’s Five Forces Analysis 2.2 Potential Market and Growth Potential Analysis 2.3 Industry News and Policies by Regions 2.3.1 Industry News 2.3.2 Industry Policies 2.4 Industry Trends Under COVID-19 3 Value Chain of Cordless Tools Market 3.1 Value Chain Status 3.2 Cordless Tools Manufacturing Cost Structure Analysis 3.2.1 Production Process Analysis 3.2.2 Manufacturing Cost Structure of Cordless Tools 3.2.3 Labor Cost of Cordless Tools 3.2.3.1 Labor Cost of Cordless Tools Under COVID-19 3.3 Sales and Marketing Model Analysis 3.4 Downstream Major Customer Analysis (by Region) 3.5 Value Chain Status Under COVID-19 4 Players Profiles 4.1 Channellock 4.1.1 Channellock Basic Information 4.1.2 Cordless Tools Product Profiles, Application and Specification 4.1.3 Channellock Cordless Tools Market Performance (2015-2020) 4.1.4 Channellock Business Overview 4.2 Ajay 4.2.1 Ajay Basic Information 4.2.2 Cordless Tools Product Profiles, Application and Specification 4.2.3 Ajay Cordless Tools Market Performance (2015-2020) 4.2.4 Ajay Business Overview 4.3 Excelta 4.3.1 Excelta Basic Information 4.3.2 Cordless Tools Product Profiles, Application and Specification 4.3.3 Excelta Cordless Tools Market Performance (2015-2020) 4.3.4 Excelta Business Overview 4.4 JETECH 4.4.1 JETECH Basic Information 4.4.2 Cordless Tools Product Profiles, Application and Specification 4.4.3 JETECH Cordless Tools Market Performance (2015-2020) 4.4.4 JETECH Business Overview 4.5 JPW Industries 4.5.1 JPW Industries Basic Information 4.5.2 Cordless Tools Product Profiles, Application and Specification 4.5.3 JPW Industries Cordless Tools Market Performance (2015-2020) 4.5.4 JPW Industries Business Overview 4.6 Stanley 4.6.1 Stanley Basic Information 4.6.2 Cordless Tools Product Profiles, Application and Specification 4.6.3 Stanley Cordless Tools Market Performance (2015-2020) 4.6.4 Stanley Business Overview 4.7 Wurth Group 4.7.1 Wurth Group Basic Information 4.7.2 Cordless Tools Product Profiles, Application and Specification 4.7.3 Wurth Group Cordless Tools Market Performance (2015-2020) 4.7.4 Wurth Group Business Overview 4.8 Klein Tools 4.8.1 Klein Tools Basic Information 4.8.2 Cordless Tools Product Profiles, Application and Specification 4.8.3 Klein Tools Cordless Tools Market Performance (2015-2020) 4.8.4 Klein Tools Business Overview 4.9 DUCK 4.9.1 DUCK Basic Information 4.9.2 Cordless Tools Product Profiles, Application and Specification 4.9.3 DUCK Cordless Tools Market Performance (2015-2020) 4.9.4 DUCK Business Overview 4.10 Akar Tools 4.10.1 Akar Tools Basic Information 4.10.2 Cordless Tools Product Profiles, Application and Specification 4.10.3 Akar Tools Cordless Tools Market Performance (2015-2020) 4.10.4 Akar Tools Business Overview 4.11 TTi 4.11.1 TTi Basic Information 4.11.2 Cordless Tools Product Profiles, Application and Specification 4.11.3 TTi Cordless Tools Market Performance (2015-2020) 4.11.4 TTi Business Overview 4.12 Pro'skit 4.12.1 Pro'skit Basic Information 4.12.2 Cordless Tools Product Profiles, Application and Specification 4.12.3 Pro'skit Cordless Tools Market Performance (2015-2020) 4.12.4 Pro'skit Business Overview 4.13 Ideal Industries 4.13.1 Ideal Industries Basic Information 4.13.2 Cordless Tools Product Profiles, Application and Specification 4.13.3 Ideal Industries Cordless Tools Market Performance (2015-2020) 4.13.4 Ideal Industries Business Overview 4.14 PHOENIX 4.14.1 PHOENIX Basic Information 4.14.2 Cordless Tools Product Profiles, Application and Specification 4.14.3 PHOENIX Cordless Tools Market Performance (2015-2020) 4.14.4 PHOENIX Business Overview 4.15 Snap-on Inc. 4.15.1 Snap-on Inc. Basic Information 4.15.2 Cordless Tools Product Profiles, Application and Specification 4.15.3 Snap-on Inc. Cordless Tools Market Performance (2015-2020) 4.15.4 Snap-on Inc. Business Overview 4.16 Apex Tool Group 4.16.1 Apex Tool Group Basic Information 4.16.2 Cordless Tools Product Profiles, Application and Specification 4.16.3 Apex Tool Group Cordless Tools Market Performance (2015-2020) 4.16.4 Apex Tool Group Business Overview 4.17 Textron 4.17.1 Textron Basic Information 4.17.2 Cordless Tools Product Profiles, Application and Specification 4.17.3 Textron Cordless Tools Market Performance (2015-2020) 4.17.4 Textron Business Overview 4.18 Irwin 4.18.1 Irwin Basic Information 4.18.2 Cordless Tools Product Profiles, Application and Specification 4.18.3 Irwin Cordless Tools Market Performance (2015-2020) 4.18.4 Irwin Business Overview 4.19 Tajima 4.19.1 Tajima Basic Information 4.19.2 Cordless Tools Product Profiles, Application and Specification 4.19.3 Tajima Cordless Tools Market Performance (2015-2020) 4.19.4 Tajima Business Overview 4.20 JK Files 4.20.1 JK Files Basic Information 4.20.2 Cordless Tools Product Profiles, Application and Specification 4.20.3 JK Files Cordless Tools Market Performance (2015-2020) 4.20.4 JK Files Business Overview 4.21 Sinotools 4.21.1 Sinotools Basic Information 4.21.2 Cordless Tools Product Profiles, Application and Specification 4.21.3 Sinotools Cordless Tools Market Performance (2015-2020) 4.21.4 Sinotools Business Overview 4.22 Great Wall Precision 4.22.1 Great Wall Precision Basic Information 4.22.2 Cordless Tools Product Profiles, Application and Specification 4.22.3 Great Wall Precision Cordless Tools Market Performance (2015-2020) 4.22.4 Great Wall Precision Business Overview 4.23 Wiha 4.23.1 Wiha Basic Information 4.23.2 Cordless Tools Product Profiles, Application and Specification 4.23.3 Wiha Cordless Tools Market Performance (2015-2020) 4.23.4 Wiha Business Overview 4.24 Knipex 4.24.1 Knipex Basic Information 4.24.2 Cordless Tools Product Profiles, Application and Specification 4.24.3 Knipex Cordless Tools Market Performance (2015-2020) 4.24.4 Knipex Business Overview 5 Global Cordless Tools Market Analysis by Regions 5.1 Global Cordless Tools Sales, Revenue and Market Share by Regions 5.1.1 Global Cordless Tools Sales by Regions (2015-2020) 5.1.2 Global Cordless Tools Revenue by Regions (2015-2020) 5.2 North America Cordless Tools Sales and Growth Rate (2015-2020) 5.3 Europe Cordless Tools Sales and Growth Rate (2015-2020) 5.4 Asia-Pacific Cordless Tools Sales and Growth Rate (2015-2020) 5.5 Middle East and Africa Cordless Tools Sales and Growth Rate (2015-2020) 5.6 South America Cordless Tools Sales and Growth Rate (2015-2020) 6 North America Cordless Tools Market Analysis by Countries 6.1 North America Cordless Tools Sales, Revenue and Market Share by Countries 6.1.1 North America Cordless Tools Sales by Countries (2015-2020) 6.1.2 North America Cordless Tools Revenue by Countries (2015-2020) 6.1.3 North America Cordless Tools Market Under COVID-19 6.2 United States Cordless Tools Sales and Growth Rate (2015-2020) 6.2.1 United States Cordless Tools Market Under COVID-19 6.3 Canada Cordless Tools Sales and Growth Rate (2015-2020) 6.4 Mexico Cordless Tools Sales and Growth Rate (2015-2020) 7 Europe Cordless Tools Market Analysis by Countries 7.1 Europe Cordless Tools Sales, Revenue and Market Share by Countries 7.1.1 Europe Cordless Tools Sales by Countries (2015-2020) 7.1.2 Europe Cordless Tools Revenue by Countries (2015-2020) 7.1.3 Europe Cordless Tools Market Under COVID-19 7.2 Germany Cordless Tools Sales and Growth Rate (2015-2020) 7.2.1 Germany Cordless Tools Market Under COVID-19 7.3 UK Cordless Tools Sales and Growth Rate (2015-2020) 7.3.1 UK Cordless Tools Market Under COVID-19 7.4 France Cordless Tools Sales and Growth Rate (2015-2020) 7.4.1 France Cordless Tools Market Under COVID-19 7.5 Italy Cordless Tools Sales and Growth Rate (2015-2020) 7.5.1 Italy Cordless Tools Market Under COVID-19 7.6 Spain Cordless Tools Sales and Growth Rate (2015-2020) 7.6.1 Spain Cordless Tools Market Under COVID-19 7.7 Russia Cordless Tools Sales and Growth Rate (2015-2020) 7.7.1 Russia Cordless Tools Market Under COVID-19 8 Asia-Pacific Cordless Tools Market Analysis by Countries 8.1 Asia-Pacific Cordless Tools Sales, Revenue and Market Share by Countries 8.1.1 Asia-Pacific Cordless Tools Sales by Countries (2015-2020) 8.1.2 Asia-Pacific Cordless Tools Revenue by Countries (2015-2020) 8.1.3 Asia-Pacific Cordless Tools Market Under COVID-19 8.2 China Cordless Tools Sales and Growth Rate (2015-2020) 8.2.1 China Cordless Tools Market Under COVID-19 8.3 Japan Cordless Tools Sales and Growth Rate (2015-2020) 8.3.1 Japan Cordless Tools Market Under COVID-19 8.4 South Korea Cordless Tools Sales and Growth Rate (2015-2020) 8.4.1 South Korea Cordless Tools Market Under COVID-19 8.5 Australia Cordless Tools Sales and Growth Rate (2015-2020) 8.6 India Cordless Tools Sales and Growth Rate (2015-2020) 8.6.1 India Cordless Tools Market Under COVID-19 8.7 Southeast Asia Cordless Tools Sales and Growth Rate (2015-2020) 8.7.1 Southeast Asia Cordless Tools Market Under COVID-19 9 Middle East and Africa Cordless Tools Market Analysis by Countries 9.1 Middle East and Africa Cordless Tools Sales, Revenue and Market Share by Countries 9.1.1 Middle East and Africa Cordless Tools Sales by Countries (2015-2020) 9.1.2 Middle East and Africa Cordless Tools Revenue by Countries (2015-2020) 9.1.3 Middle East and Africa Cordless Tools Market Under COVID-19 9.2 Saudi Arabia Cordless Tools Sales and Growth Rate (2015-2020) 9.3 UAE Cordless Tools Sales and Growth Rate (2015-2020) 9.4 Egypt Cordless Tools Sales and Growth Rate (2015-2020) 9.5 Nigeria Cordless Tools Sales and Growth Rate (2015-2020) 9.6 South Africa Cordless Tools Sales and Growth Rate (2015-2020) 10 South America Cordless Tools Market Analysis by Countries 10.1 South America Cordless Tools Sales, Revenue and Market Share by Countries 10.1.1 South America Cordless Tools Sales by Countries (2015-2020) 10.1.2 South America Cordless Tools Revenue by Countries (2015-2020) 10.1.3 South America Cordless Tools Market Under COVID-19 10.2 Brazil Cordless Tools Sales and Growth Rate (2015-2020) 10.2.1 Brazil Cordless Tools Market Under COVID-19 10.3 Argentina Cordless Tools Sales and Growth Rate (2015-2020) 10.4 Columbia Cordless Tools Sales and Growth Rate (2015-2020) 10.5 Chile Cordless Tools Sales and Growth Rate (2015-2020) 11 Global Cordless Tools Market Segment by Types 11.1 Global Cordless Tools Sales, Revenue and Market Share by Types (2015-2020) 11.1.1 Global Cordless Tools Sales and Market Share by Types (2015-2020) 11.1.2 Global Cordless Tools Revenue and Market Share by Types (2015-2020) 11.2 Cordless Impact Wrench Sales and Price (2015-2020) 11.3 Cordless Ratchet Wrench Sales and Price (2015-2020) 11.4 Cordless Brushless Impact Sales and Price (2015-2020) 11.5 Other Sales and Price (2015-2020) 12 Global Cordless Tools Market Segment by Applications 12.1 Global Cordless Tools Sales, Revenue and Market Share by Applications (2015-2020) 12.1.1 Global Cordless Tools Sales and Market Share by Applications (2015-2020) 12.1.2 Global Cordless Tools Revenue and Market Share by Applications (2015-2020) 12.2 Commercial Sales, Revenue and Growth Rate (2015-2020) 12.3 Household Sales, Revenue and Growth Rate (2015-2020) 13 Cordless Tools Market Forecast by Regions (2020-2026) 13.1 Global Cordless Tools Sales, Revenue and Growth Rate (2020-2026) 13.2 Cordless Tools Market Forecast by Regions (2020-2026) 13.2.1 North America Cordless Tools Market Forecast (2020-2026) 13.2.2 Europe Cordless Tools Market Forecast (2020-2026) 13.2.3 Asia-Pacific Cordless Tools Market Forecast (2020-2026) 13.2.4 Middle East and Africa Cordless Tools Market Forecast (2020-2026) 13.2.5 South America Cordless Tools Market Forecast (2020-2026) 13.3 Cordless Tools Market Forecast by Types (2020-2026) 13.4 Cordless Tools Market Forecast by Applications (2020-2026) 13.5 Cordless Tools Market Forecast Under COVID-19 14 Appendix 14.1 Methodology 14.2 Research Data Source
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