Global Cordless Hammer Drills Market 2023-2029

A standard hammer drill employs a rotary action which can be supplemented by a series of fast and hard impacts to the back of the chuck. This extra force enables a masonry drill bit to punch its way through hard materials, rather than just cutting into them like a drill bit for wood or metal would. According to latest analysis by Gen Consulting Company, the global cordless hammer drills market was USD 1,244 million in 2022 and is expected to reach USD 2,174 million in 2029 and register a CAGR of 8.3% during the forecast period, 2023-2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global cordless hammer drills market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the motor type, voltage, chuck size, end user, and region. The global market for cordless hammer drills can be segmented by motor type: brushless, brushed. Globally, the brushless cordless hammer drill segment made up the largest share of the cordless hammer drills market. Cordless hammer drills market is further segmented by voltage: 12V, 18V, 20V & above. The 18V segment captured the largest share of the market in 2022. Based on chuck size, the cordless hammer drills market is segmented into: 1/2-inch, 3/8-inch & above. According to the research, the 1/2-inch cordless hammer drill segment had the largest share in the global cordless hammer drills market. On the basis of end user, the cordless hammer drills market also can be divided into: commercial, industrial, residential. The commercial segment held the largest revenue share in 2022. Cordless hammer drills market by region is categorized into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.

Market Segmentation
By motor type: brushless, brushed
By voltage: 12V, 18V, 20V & above
By chuck size: 1/2-inch, 3/8-inch & above
By end user: commercial, industrial, residential
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The global cordless hammer drills market report offers detailed information on several market vendors, including CHERVON (China) Trading Co., Ltd. (EGO), Emerson Electric Co. (RIDGID), FEIN Power Tools, Inc., Ferm International B.V., Festool Group GmbH & Co. KG (TTS Tooltechnic Systems AG), Hilti AG, Ingersoll Rand, Inc., Interskol AO, Koki Holdings Co., Ltd., Kyocera Corporation (Ryobi Limited), Makita Corporation, Metabowerke GmbH (Metabo), Panasonic Holdings Corporation, Positec Tool Corporation (WORX, Rockwell, Kress), Robert Bosch GmbH, Stanley Black & Decker, Inc., Techtronic Industries GmbH (AEG POWERTOOLS, Milwaukee Electric Tool Corporation, Ryobi), among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global cordless hammer drills market.
• To classify and forecast the global cordless hammer drills market based on motor type, voltage, chuck size, end user, region.
• To identify drivers and challenges for the global cordless hammer drills market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global cordless hammer drills market.
• To identify and analyze the profile of leading players operating in the global cordless hammer drills market.

Why Choose This Report
• Gain a reliable outlook of the global cordless hammer drills market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.