Cordless Router Market
Cordless Router Market By Tool Types (Material Removal Tools, Drilling & Fastening Tools, Sawing and Cutting Tools), By Industrial Use (Automotive, Aerospace, Electronics, Energy), By Sales Channel (Online, Offline), By End-users & By Regions - Global Insights 2021 to 2031
Analysis of Cordless Router Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Cordless Router Market Forecast and CAGR
According to latest research by Fact.MR, cordless router market is set to witness gradual growth during assessment period of 2021 to 2031. Manufacturing techniques are developing and people are inclined towards adopting the techniques that are easy to implement. Power tool and equipment industry being a billion-dollar industry is expected to see a rise of more than 9% CAGR over next 10 years.
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What is Driving Demand for Cordless Router?
Manufacturing has been the pillar for development in the world and portable devices are easy to carry and use devices that can be carried anywhere for the designed task.
Cordless routers help to create slots in the material which can be used for varied purposes. They are relatively new in the market and are an improved version of conventional tools available. With cord being absent in such devices, they are easy to handle and maneuver over complicated patterns.
With the advancement in battery technology and lithium-ion batteries being more powerful and light in weight, the use of such devices is feasible. Increasing Industrialization and developments in industries such as the electric vehicle industry, aerospace industry acts as drivers for the demand for power tools and cordless routers.
Global Cordless Router Market Geographical Outlook
Cordless routers are a type of power tool that are used to create a slot in the material typically metal or wood. As stated in its name, it is devoid of power cable; battery is the source of power in such devices. Advancements in the field of Li-Ion batteries have made the feasibility of such tools a viable option. The absence of a power cord makes it easier to maneuver the device in complicated patterns.
North America is the largest market for power tools and cordless routers is expected to hold the position in the forecast period. Increasing demand for home improvement products and tools, rising adoption lightweight Li-Ion battery-operated tools, innovative tools offered by manufacturers to cater to customized requirements; makes the demand for cordless routers grow in the coming decade.
Asia Pacific region is expected to see a surge in demand for Industrial Power tools and cordless routers as countries like China and India are witnessing high growth, markets with high consumption due to rising economy and population, and those with increasing industrial and manufacturing techniques have started to provide competition to developed counterparts in global manufacturing owning to cheap labor prices. The increase in demand to be expected in APAC market is estimated to be 13% CAGR over the next 10 years.
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Who are the Key Manufacturers of Cordless Router?
The leading manufacturers such as
- Robert Bosch
- Stanley Black & Decker
- Techtronic Industries Company (TTI)
- Makita
- Hilti
- HiKOKI
- Hilti
- Ingersoll Rand
fulfils a significant demand of the power tools in various markets.
The rising investment in R&D Sector has led to development of technology which is boosting the demand of cordless routers. Moreover, development in field of Li-ion batteries, brushless motors, DIY activities, and precision manufacturing acts as catalyst for increasing demand.
Cordless Router Market Report Highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
Know thy Competitors
Competitive landscape highlights only certain players
Complete list available upon request
Key Segments
-
By Tool Types
- Material Removal Tools
- Drilling & Fastening Tools
- Sawing and Cutting Tools
- Routing Tools
- Demolition Tools
-
By Industrial Use
- Automotive
- Aerospace
- Electronics
- Energy
- Construction
- Shipbuilding
- Others
-
By End-users
- Industrial
- Commercial
- Residential
-
By Sales Channel
- Offline
- Retail stores
- Distributors
- Online
- Direct Sales
- Third Party E-Commerce Sales
- Offline
-
By Region
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Europe
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Oceania
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.
The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Table of Content
- 1. Executive Summary
- 2. Industry Introduction, including Taxonomy and Market Definition
- 3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments
- 4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections
- 5. Pricing Analysis
- 6. Global Market Analysis and Forecast
- 6.1. Tool Types
- 6.2. Industrial Use
- 6.3. End-Users
- 6.4. Sales Channel
- 7. Global Market Analysis and Forecast, By Tool Types
- 7.1. Material Removal Tools
- 7.2. Drilling & Fastening Tools
- 7.3. Sawing and Cutting Tools
- 7.4. Routing Tools
- 7.5. Demolition Tools
- 8. Global Market Analysis and Forecast, By Industrial Use
- 8.1. Automotive
- 8.2. Aerospace
- 8.3. Electronics
- 8.4. Energy
- 8.5. Construction
- 8.6. Shipbuilding
- 8.7. Others
- 9. Global Market Analysis and Forecast, By End-Users
- 9.1. Industrial
- 9.2. Commercial
- 9.3. Residential
- 10. Global Market Analysis and Forecast, By Sales Channel
- 10.1. Offline
- 10.2. Online
- 11. Global Market Analysis and Forecast, By Region
- 11.1. North America
- 11.2. Latin America
- 11.3. Western Europe
- 11.4. Eastern Europe
- 11.5. East Asia
- 11.6. South Asia & Pacific
- 11.7. MEA
- 12. North America Sales Analysis and Forecast, by Key Segments and Countries
- 13. Latin America Sales Analysis and Forecast, by Key Segments and Countries
- 14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries
- 15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries
- 16. East Asia Sales Analysis and Forecast, by Key Segments and Countries
- 17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries
- 18. MEA Sales Analysis and Forecast, by Key Segments and Countries
- 19. Sales Forecast by Tool Types, Industrial Use, End-Users, and Sales Channel for 30 Countries
- 20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
- 21. Company Profile
- 21.1. Robert Bosch
- 21.2. Stanley Black & Decker
- 21.3. Techtronic Industries Company (TTI)
- 21.4. Makita
- 21.5. Hilti
- 21.6. HiKOKI
- 21.7. Hilti
- 21.8. Ingersoll Rand
List Of Table
Table 01: Global Market US$ Mn Forecast by Region
Table 02: Global Market US$ Mn Forecast by Tool Types
Table 03: Global Market US$ Mn Forecast by Industrial Use
Table 04: Global Market US$ Mn Forecast by End-Users
Table 05: Global Market US$ Mn Forecast by Sales Channel
Table 06: North America Market US$ Mn Forecast by Country
Table 07: North America Market US$ Mn Forecast by Tool Types
Table 08: North America Market US$ Mn Forecast by Industrial Use
Table 09: North America Market US$ Mn Forecast by End-Users
Table 10: North America Market US$ Mn Forecast by Sales Channel
Table 11: Latin America Market US$ Mn Forecast by Country
Table 12: Latin America Market US$ Mn Forecast by Tool Types
Table 13: Latin America Market US$ Mn Forecast by Industrial Use
Table 14: Latin America Market US$ Mn Forecast by End-Users
Table 15: Latin America Market US$ Mn Forecast by Sales Channel
Table 16: Western Europe Market US$ Mn Forecast by Country
Table 17: Western Europe Market US$ Mn Forecast by Tool Types
Table 18: Western Europe Market US$ Mn Forecast by Industrial Use
Table 19: Western Europe Market US$ Mn Forecast by End-Users
Table 20: Western Europe Market US$ Mn Forecast by Sales Channel
Table 21: Eastern Europe Market US$ Mn Forecast by Country
Table 22: Eastern Europe Market US$ Mn Forecast by Tool Types
Table 23: Eastern Europe Market US$ Mn Forecast by Industrial Use
Table 24: Eastern Europe Market US$ Mn Forecast by End-Users
Table 25: Eastern Europe Market US$ Mn Forecast by Sales Channel
Table 26: East Asia Market US$ Mn Forecast by Country
Table 27: East Asia Market US$ Mn Forecast by Tool Types
Table 28: East Asia Market US$ Mn Forecast by Industrial Use
Table 29: East Asia Market US$ Mn Forecast by End-Users
Table 30: East Asia Market US$ Mn Forecast by Sales Channel
Table 31: South Asia & Pacific Market US$ Mn Forecast by Country
Table 32: South Asia & Pacific Market US$ Mn Forecast by Tool Types
Table 33: South Asia & Pacific Market US$ Mn Forecast by Industrial Use
Table 34: South Asia & Pacific Market US$ Mn Forecast by End-Users
Table 35: South Asia & Pacific Market US$ Mn Forecast by Sales Channel
Table 36: MEA Market US$ Mn Forecast by Country
Table 37: MEA Market US$ Mn Forecast by Tool Types
Table 38: MEA Market US$ Mn Forecast by Industrial Use
Table 39: MEA Market US$ Mn Forecast by End-Users
Table 40: MEA Market US$ Mn Forecast by Sales Channel
List Of Figures
Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types
Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use
Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users
Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 05: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region
Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types
Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use
Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users
Figure 09: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types
Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use
Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users
Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types
Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use
Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users
Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types
Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use
Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users
Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types
Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use
Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users
Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types
Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use
Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users
Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types
Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use
Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users
Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel
Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country
Cordless Router Market