Cordless Router Market

Cordless Router Market By Tool Types (Material Removal Tools, Drilling & Fastening Tools, Sawing and Cutting Tools), By Industrial Use (Automotive, Aerospace, Electronics, Energy), By Sales Channel (Online, Offline), By End-users & By Regions - Global Insights 2021 to 2031

Analysis of Cordless Router Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Cordless Router Market Forecast and CAGR

According to latest research by Fact.MR, cordless router market is set to witness gradual growth during assessment period of 2021-2031. Manufacturing techniques are developing and people are inclined towards adopting the techniques that are easy to implement. Power tool and equipment industry being a billion-dollar industry is expected to see a rise of more than 9% CAGR over next 10 years.

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What is Driving Demand for Cordless Router?

Manufacturing has been the pillar for development in the world and portable devices are easy to carry and use devices that can be carried anywhere for the designed task.

Cordless routers help to create slots in the material which can be used for varied purposes. They are relatively new in the market and are an improved version of conventional tools available. With cord being absent in such devices, they are easy to handle and maneuver over complicated patterns.

With the advancement in battery technology and lithium-ion batteries being more powerful and light in weight, the use of such devices is feasible. Increasing Industrialization and developments in industries such as the electric vehicle industry, aerospace industry acts as drivers for the demand for power tools and cordless routers.

Covid-19 Impact on Global Cordless Router Market

Covid-19 has deeply affected the global economy with degradation of business profoundly. The pandemic disrupts the supply chain and destructed the equilibrium. Covid-19 has imposed nationwide lockdown owing high infection rate which may had adverse health issues over the widely scattered consumer base.

Global trade and manufacturing industries positioned across the globe was muted resulting to pull off in the annual revenue bar significantly. This indeed has affected the personalized dog collar business evidently and portrayed negative impact on the overall business growth.

However, an increasing trend for DIY repairs and modifications in the home improvement has been seen during the pandemic outbreak. People are inclined towards learning the home improvement techniques and methods as they do not prefer to invite other people to their house owing to nature of infection. Hence, demand for such convenient tools like cordless routers and others has seen an increase from domestic users.

Manufacturers has identified the opportunity and are coming with innovative, easy to use, safe and ergonomic products for inexperienced people. More people are adopting use of such products learning the use from internet sites such as Youtube.

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Global Cordless Router Market Geographical Outlook

Cordless routers are a type of power tool that are used to create a slot in the material typically metal or wood. As stated in its name, it is devoid of power cable; battery is the source of power in such devices. Advancements in the field of Li-Ion batteries have made the feasibility of such tools a viable option. The absence of a power cord makes it easier to maneuver the device in complicated patterns.

North America is the largest market for power tools and cordless routers is expected to hold the position in the forecast period. Increasing demand for home improvement products and tools, rising adoption lightweight Li-Ion battery-operated tools, innovative tools offered by manufacturers to cater to customized requirements; makes the demand for cordless routers grow in the coming decade.

Asia Pacific region is expected to see a surge in demand for Industrial Power tools and cordless routers as countries like China and India are witnessing high growth, markets with high consumption due to rising economy and population, and those with increasing industrial and manufacturing techniques have started to provide competition to developed counterparts in global manufacturing owning to cheap labor prices. The increase in demand to be expected in APAC market is estimated to be 13% CAGR over the next 10 years.

Who are the Key Manufacturers of Cordless Router?

The leading manufacturers such as

  • Robert Bosch
  • Stanley Black & Decker
  • Techtronic Industries Company (TTI)
  • Makita
  • Hilti
  • HiKOKI
  • Hilti
  • Ingersoll Rand

fulfils a significant demand of the power tools in various markets.

The rising investment in R&D Sector has led to development of technology which is boosting the demand of cordless routers. Moreover, development in field of Li-ion batteries, brushless motors, DIY activities, and precision manufacturing acts as catalyst for increasing demand.

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Cordless Router Market Report Highlights:

  • Detailed overview of parent market
  • Changing market dynamics in the industry
  • In-depth market segmentation
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape
  • Strategies of key players and products offered
  • Potential and niche segments, geographical regions exhibiting promising growth
  • A neutral perspective on market performance
  • Must-have information for market players to sustain and enhance their market footprint

Key Segments

  • By Tool Types

    • Material Removal Tools
    • Drilling & Fastening Tools
    • Sawing and Cutting Tools
    • Routing Tools
    • Demolition Tools

  • By Industrial Use

    • Automotive
    • Aerospace
    • Electronics
    • Energy
    • Construction
    • Shipbuilding
    • Others

  • By End-users

    • Industrial
    • Commercial
    • Residential

  • By Sales Channel

    • Offline
      • Retail stores
      • Distributors
    • Online
      • Direct Sales
      • Third Party E-Commerce Sales

  • By Region

    • North America
      • US & Canada
    • Latin America
      • Brazil, Mexico, Argentina & Rest of Latin America
    • Europe
      • Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
    • East Asia
      • China, Japan, South Korea
    • South Asia
      • India, Thailand, Malaysia, Indonesia and Rest of South Asia
    • Oceania
      • Australia and New Zealand
    • Middle East and Africa
      • GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain.

The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company.

Table of Content

1. Executive Summary

2. Industry Introduction, including Taxonomy and Market Definition

3. Market Trends and Success Factors, including Macro-economic Factors, Market Dynamics, and Recent Industry Developments

4. Global Market Demand Analysis and Forecast, including Historical Analysis and Future Projections

5. Pricing Analysis

6. Global Market Analysis and Forecast

    6.1. Tool Types

    6.2. Industrial Use

    6.3. End-Users

    6.4. Sales Channel

7. Global Market Analysis and Forecast, By Tool Types

    7.1. Material Removal Tools

    7.2. Drilling & Fastening Tools

    7.3. Sawing and Cutting Tools

    7.4. Routing Tools

    7.5. Demolition Tools

8. Global Market Analysis and Forecast, By Industrial Use

    8.1. Automotive

    8.2. Aerospace

    8.3. Electronics

    8.4. Energy

    8.5. Construction

    8.6. Shipbuilding

    8.7. Others

9. Global Market Analysis and Forecast, By End-Users

    9.1. Industrial

    9.2. Commercial

    9.3. Residential

10. Global Market Analysis and Forecast, By Sales Channel

    10.1. Offline

    10.2. Online

11. Global Market Analysis and Forecast, By Region

    11.1. North America

    11.2. Latin America

    11.3. Western Europe

    11.4. Eastern Europe

    11.5. East Asia

    11.6. South Asia & Pacific

    11.7. MEA

12. North America Sales Analysis and Forecast, by Key Segments and Countries

13. Latin America Sales Analysis and Forecast, by Key Segments and Countries

14. Western Europe Sales Analysis and Forecast, by Key Segments and Countries

15. Eastern Europe Sales Analysis and Forecast, by Key Segments and Countries

16. East Asia Sales Analysis and Forecast, by Key Segments and Countries

17. South Asia & Pacific Sales Analysis and Forecast, by Key Segments and Countries

18. MEA Sales Analysis and Forecast, by Key Segments and Countries

19. Sales Forecast by Tool Types, Industrial Use, End-Users, and Sales Channel for 30 Countries

20. Competition Outlook, including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard

21. Company Profile

    21.1. Robert Bosch

    21.2. Stanley Black & Decker

    21.3. Techtronic Industries Company (TTI)

    21.4. Makita

    21.5. Hilti

    21.6. HiKOKI

    21.7. Hilti

    21.8. Ingersoll Rand

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List Of Table

Table 01: Global Market US$ Mn Forecast by Region

Table 02: Global Market US$ Mn Forecast by Tool Types

Table 03: Global Market US$ Mn Forecast by Industrial Use

Table 04: Global Market US$ Mn Forecast by End-Users

Table 05: Global Market US$ Mn Forecast by Sales Channel

Table 06: North America Market US$ Mn Forecast by Country

Table 07: North America Market US$ Mn Forecast by Tool Types

Table 08: North America Market US$ Mn Forecast by Industrial Use

Table 09: North America Market US$ Mn Forecast by End-Users

Table 10: North America Market US$ Mn Forecast by Sales Channel

Table 11: Latin America Market US$ Mn Forecast by Country

Table 12: Latin America Market US$ Mn Forecast by Tool Types

Table 13: Latin America Market US$ Mn Forecast by Industrial Use

Table 14: Latin America Market US$ Mn Forecast by End-Users

Table 15: Latin America Market US$ Mn Forecast by Sales Channel

Table 16: Western Europe Market US$ Mn Forecast by Country

Table 17: Western Europe Market US$ Mn Forecast by Tool Types

Table 18: Western Europe Market US$ Mn Forecast by Industrial Use

Table 19: Western Europe Market US$ Mn Forecast by End-Users

Table 20: Western Europe Market US$ Mn Forecast by Sales Channel

Table 21: Eastern Europe Market US$ Mn Forecast by Country

Table 22: Eastern Europe Market US$ Mn Forecast by Tool Types

Table 23: Eastern Europe Market US$ Mn Forecast by Industrial Use

Table 24: Eastern Europe Market US$ Mn Forecast by End-Users

Table 25: Eastern Europe Market US$ Mn Forecast by Sales Channel

Table 26: East Asia Market US$ Mn Forecast by Country

Table 27: East Asia Market US$ Mn Forecast by Tool Types

Table 28: East Asia Market US$ Mn Forecast by Industrial Use

Table 29: East Asia Market US$ Mn Forecast by End-Users

Table 30: East Asia Market US$ Mn Forecast by Sales Channel

Table 31: South Asia & Pacific Market US$ Mn Forecast by Country

Table 32: South Asia & Pacific Market US$ Mn Forecast by Tool Types

Table 33: South Asia & Pacific Market US$ Mn Forecast by Industrial Use

Table 34: South Asia & Pacific Market US$ Mn Forecast by End-Users

Table 35: South Asia & Pacific Market US$ Mn Forecast by Sales Channel

Table 36: MEA Market US$ Mn Forecast by Country

Table 37: MEA Market US$ Mn Forecast by Tool Types

Table 38: MEA Market US$ Mn Forecast by Industrial Use

Table 39: MEA Market US$ Mn Forecast by End-Users

Table 40: MEA Market US$ Mn Forecast by Sales Channel

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List Of Figures

Figure 01: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types

Figure 02: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use

Figure 03: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users

Figure 04: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel

Figure 05: Global Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Region

Figure 06: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types

Figure 07: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use

Figure 08: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users

Figure 09: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel

Figure 10: North America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 11: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types

Figure 12: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use

Figure 13: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users

Figure 14: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel

Figure 15: Latin America Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 16: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types

Figure 17: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use

Figure 18: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users

Figure 19: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel

Figure 20: Western Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 21: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types

Figure 22: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use

Figure 23: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users

Figure 24: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel

Figure 25: Eastern Europe Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 26: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types

Figure 27: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use

Figure 28: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users

Figure 29: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel

Figure 30: East Asia Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 31: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types

Figure 32: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use

Figure 33: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users

Figure 34: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel

Figure 35: South Asia & Pacific Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Figure 36: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Tool Types

Figure 37: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Industrial Use

Figure 38: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by End-Users

Figure 39: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Sales Channel

Figure 40: MEA Market Value Share (%), Growth Rate (Y-o-Y), and US$ Mn Projection by Country

Know thy Competitors

Competitive landscape highlights only certain players
Complete list available upon request

Cordless Router Market

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