Global Rotary Hammer Drill Market Overview:
A rotary hammer drill is a power tool that can perform heavy-duty tasks such as drilling hard materials. It is similar to a hammer drill. The market of rotary hammer drill is growing due to the various factors like due to significant surge of the construction sector worldwide, and also due to high levels of infrastructure development and urbanization due to favorable government policies and regulations. While apart from this there are certain factors which are hindering the market, such as high levels of costs associated with the maintenance of products and also there is lack of professionally trained individuals for usage of these products. Some of the key players profiled in the study are Robert Bosch (Germany), Stanley Black & Decker (United States), Makita Corporation (Japan),, Hilti Corporation (Liechtenstein), Metabo (Germany), Techtronic Industries (Hong Kong), TOYA S.A. (Poland) and Wurth (Germany).
On the basis of geography, the market of Rotary Hammer Drill has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Offline will boost the Rotary Hammer Drill market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Significant surge of the construction sector worldwide
- High levels of infrastructure development and urbanization due to favorable government policies and regulations
Market Trend
- Increasing trend of Do-It-Yourself among various individuals and home-owners
Restraints
- High levels of costs associated with the purchasing and maintenance of these devices
- Lack of professionally trained individuals for usage of these products
Opportunities
- Increasing utilization of power tools and advanced construction equipment's from the various end-users
Challenges
- Complications in the handling and usage of professional-grade products
Major Market Developments:
Robert Bosch Tool Corporation announced that they are extending their 18-volt product range with the availability of “GBH 18V-26D Professional”. The product is a cordless rotary hammer equipped with a D-Handle.
Global rotary hammer drill market is highly fragmented and the major layers have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market.
Target Audience:
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Rotary Hammer Drill Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations and End-Use Industries
Major Objectives Focused through this Study
To define, describe, and forecast the Global Rotary Hammer Drill market on the basis of product [Corded Rotary Hammer Drill and Cordless Rotary Hammer Drill] , application [Construction industry, Decoration industry and Household application], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Rotary Hammer Drill market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Rotary Hammer Drill industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are
.** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Rotary Hammer Drill market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.