Global Hand Drill Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Hand Drill Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Hand Drill market size was valued at USD 849.9 million in 2023 and is forecast to a readjusted size of USD 1186.4 million by 2030 with a CAGR of 4.9% during review period.

A hand drill is a simple tool used to ignite a pile of dried tinder. Because hands create less friction than a bow drill, this method is only effective in hot climate when wood is very dry.

Hand tools are tools and equipment that are not electrically powered. These tools are used in everyday gardening, farming and framing. Since these tools are manually operated, their application is limited to certain tasks and skills. Moreover, the major factors driving the growth of the hand tools market include increasing demand from the automotive repair industry and technological advancements in the production of hand tools. Moreover, increasing use of hand tools in industrial applications is another factor driving the overall market growth. However, low profitability due to intense competition and lack of skilled professionals are some of the key challenges restraining the growth of the global hand tools market. Moreover, the rise in popularity of power tools and multi-functional applications is expected to hamper the growth of this market over the forecast period. Moreover, the recovery of the construction industry is expected to drive the demand for hand tools. According to our study, the global hand tools market size is estimated at USD 25 billion by 2022.

The Global Info Research report includes an overview of the development of the Hand Drill industry chain, the market status of Decoration (Manual Type, Semi-Automatic Type), Sculpture (Manual Type, Semi-Automatic Type), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Hand Drill.

Regionally, the report analyzes the Hand Drill markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Hand Drill market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Hand Drill market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Hand Drill industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Manual Type, Semi-Automatic Type).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Hand Drill market.

Regional Analysis: The report involves examining the Hand Drill market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Hand Drill market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Hand Drill:

Company Analysis: Report covers individual Hand Drill manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Hand Drill This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Decoration, Sculpture).

Technology Analysis: Report covers specific technologies relevant to Hand Drill. It assesses the current state, advancements, and potential future developments in Hand Drill areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Hand Drill market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Hand Drill market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Manual Type
Semi-Automatic Type

Market segment by Application
Decoration
Sculpture
Others

Major players covered
Wurth
Phoenix Contact
Wiha Tools
SATA Tools
Stanley Hand Tools
Prokit's Industries
Endura Tools
Deli

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Hand Drill product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Hand Drill, with price, sales, revenue and global market share of Hand Drill from 2019 to 2024.

Chapter 3, the Hand Drill competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Hand Drill breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Hand Drill market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Hand Drill.

Chapter 14 and 15, to describe Hand Drill sales channel, distributors, customers, research findings and conclusion.