Scope of the Study
A screwdriver is a basic tool which uses torsion to tighten and loosen screws. These screwdrivers are designated by the shape of their tip and are available to suit the extensive range of screw types available. Some modern screwdrivers include can also be angled to access screws in limited spaces. A range of exchangeable bits to cope with the different screw head designs as is the case of most portable electric screwdrivers. Nowadays, the power screwdrivers are being used in preference to the traditional screwdrivers.
The market study is being classified by Type (Slotted Types, Cruciform Types, Hex Socket and Hexalobular Socket), by Application (Household, Commercial and Others) and major geographies with country level break-up.
Bosch (Germany), Ingersoll Rand (Ireland), Atlas Copco (Sweden), Strongtie (United States), Dixon Automatic (United States), TTI (United States), Mountz Torque (United States), Black and Decker (United States), GEVO GmbH (Germany) and Makita (Japan) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Richpower Industries (United States) and Sumake Industrial Co., Ltd. (China).
Research Analyst at AMA predicts that United States Manufacturers will contribute to the maximum growth of Global Screwdrivers market throughout the predicted period.
AdvanceMarketAnalytics has segmented the market of Global Screwdrivers market by Type, Application and Region.
On the basis of geography, the market of Screwdrivers has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Availability of Wide Variety of Shapes and Sizes
- Less Expensive and Easy to Use
- Technological Developments in Screwdrivers
- Concerns Regarding Safety Issue
- Increasing Demand from Emerging Market
- Fluctuations in Material Prices
On April 12, 2019 – Makita U.S.A., Inc., manufacturer of high-quality industrial power tools, outdoor power equipment, and accessories, announces the launch of the Makita 12V max CXT Lithium-Ion Cordless 3/8" Driver-Drill Kit (FD09) and ¼” Hex Screwdriver Kit (FD10).
Key Target AudienceManufacturers of Screwdriver, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Screwdriver, Governmental Bodies and Research Firms
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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