Screwdriver: Introduction

  • Screwdriver is an electrical or manual tool used for installing and removing screws. Majority of screwdrivers have a handle and shaft.

Key Drivers of the Global Screwdriver Market

  • Increasing requirement for screwdrivers in the consumer electronics industry is driving the market growth owing to the fact that the consumer electronics industry is expanding at a fast pace over the past few years.
  • Increase in demand for electronic products from commercial and household segments coupled with easier access to credit is driving the demand for products such as screwdrivers.
  • Screwdrivers are easy to manufacture. Large number of small and medium scale screwdriver manufacturers in developing countries are expected to improve the outlook for the screwdriver market in the near future.

Get Sample Copy@:

Rising Demand for Electric Screwdrivers to Create New Market Opportunities

  • Technological innovation in the electric screwdriver industry is expected to create huge market opportunity. Electric screwdrivers are highly popular in different manufacturing industries.

High Bargaining Power of Buyers to Restrict Market Growth

  • Screwdrivers are available in the market in different product ranges. Moreover, many small-scale manufacturers offer this product at a lower price. As a result, bargaining power of buyers is very high. This leads to market slowdown for large scale manufacturers.

Are you a start-up willing to make it big in the business? Grab an exclusive PDF Brochure of this report

Asia Pacific the Dominant Market for Screwdrivers

  • Asia Pacific was the dominant and fastest growing screwdriver market in 2019. North America and Europe accounted for significant share of the screwdriver market, with major players operating from these regions. Demand for electric screwdrivers is expected to grow at a higher pace in Asia Pacific during the forecasted period.
  • Many small and medium companies are present in North America, Asia Pacific, and Latin America. Germany and China are the hubs of screwdriver manufacturers.

Key Players Operating in the Global Screwdriver Market

The global screwdriver market is fragmented in nature. Companies are working on product innovation and development to expand their customer base. Furthermore, key companies are adopting the merger and acquisition strategy to improve their market revenue at the global level. Small and medium scale manufacturers are working on technological innovation in the electric screwdriver segment. Some of the key players operating in the global screwdriver market are listed below:

  • Robert Bosch Tool Corporation
  • Hitachi, Ltd.
  • Kolver srl
  • Suzhou Everich Imp. & Exp. Co., Ltd.
  • Kilews Industrial Co., Ltd.
  • Stanley Black & Decker, Inc.
  • Makita Corporation
  • Chevron Holdings Limited
  • The Positec Tool Corporation
  • FEIN Power Tools Inc.
  • Harbor Freight Tools USA Inc.
  • Mountz, Inc.
  • Metabowerke GmbH

Request for Pre Book Report here:

Global Screwdriver Market: Research Scope

Global Screwdriver Market, by Product

  • Conventional
  • Electric
    • Cordless
    • Cord

Global Screwdriver Market, by End-user

  • IT & Telecommunication
  • Aerospace & Defense
  • Electronics & Consumer Goods
  • Chemicals
  • Machinery
  • Automotive
  • Healthcare
  • Others (Aviation, Power Generation Systems, Construction, etc.)

Global Screwdriver Market, by Application

  • Industrial
  • Commercial
  • Residential

Global Surface Grinding Machine Market, by Distribution Channel

  • Online
    • Company Website
    • Third Party Website
  • Offline
    • Hypermarkets & Supermarkets
    • Specialty Stores
    • Other Retail Stores

Global Surface Grinding Machine Market, by Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Western Europe
    • Germany
    • U.K.
    • France
    • Spain
    • Italy
    • Nordic countries
    • Belgium
    • Netherlands
    • Luxembourg
    • Rest of Western Europe
  • Eastern Europe
    • Poland
    • Russia
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • ASEAN
    • Australia
    • New Zealand
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • North Africa
    • Rest of Middle East & Africa
  • Latin America
    • Mexico
    • Brazil
    • Peru
    • Chile
    • Rest of Latin America

Read Our Latest Press Release:–gas-data-management-market-advantages-of-cost-efficiency-of-cloud-services-to-accelerate-uptake-among-smes-market-projected-to-rise-at-whopping-18-2-cagr-for-2018-2026—tmr-301265124.html

About Us

Transparency Market Research is a next-generation market intelligence provider, offering fact-based solutions to business leaders, consultants, and strategy professionals.

Our reports are single-point solutions for businesses to grow, evolve, and mature. Our real-time data collection methods along with ability to track more than one million high growth niche products are aligned with your aims. The detailed and proprietary statistical models used by our analysts offer insights for making right decision in the shortest span of time. For organizations that require specific but comprehensive information we offer customized solutions through ad-hoc reports. These requests are delivered with the perfect combination of right sense of fact-oriented problem solving methodologies and leveraging existing data repositories.


Transparency Market Research State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

USA – Canada Toll Free: 866-552-3453



Please enter your comment!
Please enter your name here