What is Hammer DrillMarket?
Hammer Drill is a type of power drill which is primarily used to drill holes in hard surfaces. They use a percussive impact mechanism to drill a hole into the surface. Hammer drills are available both in cordless and corded offerings, with cordless market of hammer drill expected to surge due to more convenience and higher efficiency. Different Bits can also be attached to the hammer drill for different set of applications and different surfaces. Hammer Drill market is expected to grow with increasing investments in building and construction as well as decoration spending. Geographically, Asia Pacific is expected to emerge as the biggest market of hammer drill over the coming decade.
Cordless Hammer Drills are increasing in Popularity
Surge in Construction and Building and Increasing Investments in Restoration and Decoration
Emerging Markets of Asia Pacific and Africa offer Excellent Opportunities because of Rapid Industrialisation and Urbanisation
The Manufacturers Covered in the Study are:
Robert Bosch GmbH (Germany), Stanley Black and Decker, Inc. (United States), Hilti Corporation (Liechtenstein), Makita Corporation (Japan), Metabo HPT (United States), Techtronic Industries Co. Ltd (China), TOYA S.A. (Poland), Würth Group (Germany), Apex Tool Group (United States) and Ingersoll rand (Ireland)
List of players that can be included in the study on immediate basis are Atlas Copco (Sweden), Snap-on Inc. (United States) and Khaitan Power Tools (India).