Electric Nut Runner Market Report: Trends, Forecast and Competitive Analysis to 2030

Electric Nut Runner Trends and Forecast

The future of the global electric nut runner market looks promising with opportunities in the automotive, aerospace, energy, and shipbuilding markets. The global electric nut runner market is expected to reach an estimated $1.1 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing need for efficient and flexible fastening tools and emergence of industry 4.0.

A more than 150-page report is developed to help in your business decisions.

Electric Nut Runner by Segment

The study includes a forecast for the global electric nut runner by type, product type, end use industry, end use industry, and region

Electric Nut Runner Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Handheld Electric Nut Runner
• Fixture Electric Nut Runner

Electric Nut Runner Market by Product Type [Shipment Analysis by Value from 2018 to 2030]:

• Straight Model
• Pistol Model
• Right-Angle

Electric Nut Runner Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Automotive
• Aerospace
• Energy
• Shipbuilding
• Others

Electric Nut Runner Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Electric Nut Runner Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies electric nut runner companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the electric nut runner companies profiled in this report include-

• Bosch Rexroth
• Alberts Manufacturing
• Scaffdex
• Desoutter Industrial Tools
• Ingersoll Rand
• Atlas Copco Power Technique

Electric Nut Runner Market Insights

Lucintel forecast that handheld is expected to witness highest growth over the forecast period due to the its wider variety of applications, including automotive, construction, and manufacturing.

Within this market, automotive will remain the largest segment due to rising usage of electric nutrunner in passenger and commercial vehicles.

Europe is expected to witness highest growth over the forecast period due to the rising installation of wind turbines and presence of a significant automotive industry and home appliance manufacturing facilities in the region.

Features of the Global Electric Nut Runner Market

Market Size Estimates: Electric nut runner market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Electric nut runner market size by type, product type, end use industry, and region in terms of value ($B).

Regional Analysis: Electric nut runner market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, product types, end use industries, and regions for the electric nut runner market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the electric nut runner market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the electric nut runner market size?

Answer: The global electric nut runner market is expected to reach an estimated $1.1 billion by 2030.

Q.2 What is the growth forecast for electric nut runner market?

Answer: The global electric nut runner market is expected to grow with a CAGR of 4.3% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the electric nut runner market?

Answer: The major drivers for this market are increasing need for efficient and flexible fastening tools and emergence of industry 4.0.

Q4. What are the major segments for electric nut runner market?

Answer: The future of the electric nut runner market looks promising with opportunities in the automotive, aerospace, energy, and shipbuilding markets.

Q5. Who are the key electric nut runner market companies?

Answer: Some of the key electric nut runner companies are as follows:

• Bosch Rexroth
• Alberts Manufacturing
• Scaffdex
• Desoutter Industrial Tools
• Ingersoll Rand
• Atlas Copco Power Technique

Q6. Which electric nut runner market segment will be the largest in future?

Answer: Lucintel forecast that handheld is expected to witness highest growth over the forecast period due to the its wider variety of applications, including automotive, construction, and manufacturing.

Q7. In electric nut runner market, which region is expected to be the largest in next 5 years?

Answer: Europe is expected to witness highest growth over the forecast period due to the rising installation of wind turbines and presence of a significant automotive industry and home appliance manufacturing facilities in the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the electric nut runner market by type (handheld electric nut runner and fixture electric nut runner), product type (straight model, pistol model, and right-angle), end use industry (automotive, aerospace, energy, shipbuilding, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?