According the report, Emerging Use of Cordless Electric Screwdriver in Electric Vehicles is one of the primary growth factors for the market. Growing Demand for Power Tools for Industrial Production is also expected to contribute significantly to the Cordless Electric Screwdriver market. Overall, Automobile applications of Cordless Electric Screwdriver, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Cordless Electric Screwdriver market identified that the demand is rising in many different parts of the world as "Changes in Manufacturing Methods and Systems for Enhanced Accuracy will Boost the Cordless Electric screwdrivers". One of the challenges that industry facing is "Stiff Competition Among Players Due to Entry of Various Players"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Cordless Electric Screwdriver market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Cordless Electric Screwdriver market and other related sub-markets covered in the study.

o Key & emerging players in the Cordless Electric Screwdriver market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Cordless Electric Screwdriver market size is calculated using market estimation process, the Cordless Electric Screwdriver market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Cordless Electric Screwdriver market size has been validated using both top-down and bottom-up approaches.