The Cordless Planer Market growth research 2023-2029 is the world’s leading market, with innovative developments and highly segmented segments and Sub-Segments. This report provides a 360-degree view of the market, including current trends, market situation, market size, forecast and opportunities. After a thorough investigation of the industries belonging to the integrated Cordless Planer market, the market report provides in-depth information based on data along with continuous industry trends in the global market, as well as forecasts of upcoming trends. This report takes a deep look at the competitive structure of the global Cordless Planer market. This market report provides a detailed summary of the various companies, manufacturers, organizations, and other competitors that hold the largest share of the global market in terms of demand, sales, volume, and revenue by providing reliable products and services to customers across the globe consists of.
The global Cordless Planer Market is expected to grow at a significant CAGR of +3.2% during the forecasting Period (2023 to 2029).
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The Top Key players in the global Cordless Planer market:
Hitachi,DeWalt,WEN Products,Milwaukee,Metabo,Bosch,Total Tools,ITS,Fastenal,Lowe’s,Makita,Toucan Tools
Industry news:
Hitachi has acquired 19 companies, including 6 in the last 5 years. A total of 2 acquisitions came from private equity firms. It has also divested 6 assets. Hitachi’s largest acquisition to date was in 2021, when it acquired Thales’s Ground Transportation Systems for $1.9B. It’s largest disclosed sale occurred in 2011, when it sold HGST to Western Digital for $4.3B. Hitachi has acquired in 5 different US states, and 11 countries. The Company’s most targeted sectors include information technology (37%) and machinery (22%).
Robert Bosch has acquired 19 companies, including 1 in the last 5 years. A total of 5 acquisitions came from private equity firms. It has also divested 7 assets. Robert Bosch’s largest acquisition to date was in 2012, when it acquired Service Solutions Segment SPX for $1.2B. It’s largest disclosed sale occurred in 2014, when it sold L.R. Nelson to Fiskars for $26M. Robert Bosch has acquired in 7 different US states, and 5 countries. The Company’s most targeted sectors include machinery (22%) and internet software and services (11%).
Global Cordless Planer Market Segmentation:
As part of our quantitative analysis, we have provided regional market forecasts by type and application, market sales forecast and estimates by type, application, and region to 2029, and global sales and production forecasts and estimates for Cordless Planer to 2029. For our qualitative analysis, we focused on political and regulatory scenarios, component benchmarking, technology environment, important market topics, industry environment, and trends.
By product type:
12v
18v
20v
Others
End-user/application based:
Household
Commercial
We also focused on product and application analysis connected to technology leadership, profitability, company size, company estimation in relation to the industry, market development, and market share.
Regional Analysis:
The region-wise coverage of the market is mentioned in the report, mainly focusing on the regions:
North America (NA) – US, Canada, and Mexico
Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
The Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa
The cordless planer market has seen significant growth in recent years and is expected to continue to grow in the coming years. Cordless planers are handheld power tools used for shaping and smoothing wood surfaces. They are battery-powered, eliminating the need for electrical cords, making them portable and convenient to use. The market is segmented by product type, battery type, end-user, and geography. By product type, the market is segmented into hand-held and benchtop planers. By battery type, the market is segmented into lithium-ion, nickel-cadmium, and others. By end-user, the market is segmented into construction, woodworking, and DIY.
The construction industry is a major user of cordless planers, due to their portability and convenience. The woodworking and DIY segments are also significant contributors to the growth of the cordless planer market.
Geographically, the market is segmented into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is currently the largest market for cordless planers, followed by Europe and Asia Pacific. The growth in these regions is due to the increasing demand from the construction and woodworking industries, advancements in battery technology, and the growing DIY market.
Overall, the cordless planer market is expected to continue to grow in the coming years, driven by the convenience and portability of cordless tools, increasing demand from the construction and woodworking industries, advancements in battery technology, and the growing DIY market.
-Environmental Concerns: As environmental concerns continue to rise, the demand for cordless tools that emit fewer pollutants than their corded counterparts is increasing.
-Growing DIY Market: The growing DIY market is driving the demand for cordless planers, as they are easier to use and require less technical expertise than their corded counterparts.
-Increasing Number of Woodworking Enthusiasts: The increasing number of woodworking enthusiasts is also driving the demand for cordless planers, as they offer a convenient and portable option for hobbyists.
Overall, the above factors are expected to continue driving the growth of the cordless planer market in the coming years.
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The cordless planer market has been experiencing growth due to several driving factors, including:
- Convenience and Portability: Cordless planers offer the convenience of not being tethered to a power source, making them easier to use in remote locations or on job sites without electrical access. Additionally, cordless planers are more portable, making them ideal for professionals who need to move around a lot.
- Increasing Demand from the Construction Industry: The construction industry is a major user of planers, and the increasing demand for cordless planers is due to their portability, speed, and ease of use, which can help increase productivity and efficiency on the job site.
- Advancements in Battery Technology: Advancements in lithium-ion battery technology have made cordless planers more powerful and efficient, with longer battery life and faster charging times.
Highlights of the report:
- Market performance (2017-2021)
- Market Outlook (2023-2029)
- market trend
- Market drivers and success factors
- Impact of COVID-19
- value chain analysis
- Comprehensive mapping of the competitive landscape
Some of the key questions answered in this report:
– What are the size of the overall Cordless Planer market and its segments?
– What are the key segments and sub-segments in the market?
– What are the key drivers, restraints, opportunities, and challenges of the Cordless Planer market, and how they are expected to impact the market?
– What are the attractive investment opportunities within the Cordless Planer market?
– What is the Cordless Planer market size at the regional and country level?
– Who are the key market players and their key competitors?
– What are the strategies for growth adopted by the key players this market?
– What are the recent trends in Cordless Planer market? (Partnerships, new product developments, expansions)?
– What are the challenges to this market growth?
– What are the key market trends impacting the growth of Cordless Planer market?
Key points covered in the in-depth market segment analysis table of contents:
Chapter 1: Cordless Planer Market Overview
Chapter 2: Impact of the global economy on industry
Chapter 3: Global Market Competition of Key Players
Chapter 4: Global Production, Revenue (Value) by regions
Chapter 5: Global Supply (Production), Consumption, Export, Import by Region
Chapter 6: Global Production, Revenue (Value), Price Trend by Type
Chapter 7: Global Market Analysis by Application
Chapter 8: Manufacturing Cost Analysis
Chapter 9: Industry Chain, Procurement Strategy and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Analysis of Market Influencing Factors
Chapter 12Market Effect Factors Analysis
Chapter 13: Global Cordless Planer Market Forecast
….
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COVID-19 and Russia-Ukraine War Influence Analysis
The readers in the section will recognize how the Cordless Planer market scenario changed across the globe during the pandemic, post-pandemic, and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transference, consumer behavior, supply chain management, export and import, and production. The industry experts have also highlighted the key factors that will help create opportunities for players and stabilize the overall industry in the years to come. These factors negatively affected the market during the war.”
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