The worldwide air screwdriver market is estimated to increase at a CAGR of 5.7% from USD 2.11 billion in 2023 to USD 3.11 billion by 2030. Customers' rising desire for cost-effective and user-friendly products, particularly those involved in the automobile sector and equipment repair, is one of the key drivers of this expansion.
Market Overview
Air screwdrivers are hand tools that run on compressed air rather than traditional electric motors or batteries.A pneumatic screwdriver is another name for an air screwdriver. Air screws offer numerous benefits, including being smaller, lighter weight, and more portable than standard electric ones; they may be used anywhere an electrical outlet is not available; and they require no maintenance other than occasional oil level checks and air filter replacement.
These screwdrivers have a strong torque output and can tolerate harsh situations. Pneumatic screwdrivers are as powerful and dependable as, if not more than, battery-powered screwdrivers, corded electric screwdrivers, and hydraulic screwdrivers.
There are several uses for air screwdrivers, including automotive, industrial, and other areas. Manufacturers are focused on the creation of more advanced tools;therefore, the air screwdriver market is projected to expand over the forecast period.Air compressors may be carried to distant sites where electricity is unavailable, allowing the use of an air screwdriver.This expansion is being driven mostly by increased demand from the manufacturing industries. The air screwdriver is compact, produces low noise, and is lightweight, and it is widely used for assembly requiring higher levels of torque.
Global Air Screwdriver Market Driver:
1.Increasing Demand from Manufacturing Industries boost the air screwdriver market.
The growing demand from manufacturing organisations for a higher amount of torque beneficial for assembly has enhanced market productivity. In compared to traditional tools, these tools offer several advantages, including being lighter in weight, quicker in speed, and producing less noise.
They are powered by a battery and may be moved to any area, even if there is no energy. As a result, there has been a rise in demand for such instruments from the automotive, industrial, and other industries.
2.New products with advanced technology will be launched in the future, which will further help to boost the demand for air screwdrivers
Another factor driving growth in this market over the predicted period is the rising number of suppliers focused on supplying innovative products.Every industry is increasingly relying on technological innovation to make their jobs easier and faster. Technology, particularly for assembly tools, is advancing at a rapid rate to provide adaptability, a wide torque range, and durability.
Because of these factors, the industrial and construction sectors have seen a boom in demand for this modern, lightweight, and less noisy equipment with greater torque control. It is powered by a battery implanted within it and does not require electricity to function, allowing it to be used even in distant regions.
Global Air screwdriver Market Restraint
1.Safety Risks about the Air Screwdriver is major key reason to impede the market growth
When a tool is misused, the handle, shaft, or tip can be broken, bent, or dulled, compromising its integrity and increasing the risk of hand injuries for users. The market for air screwdrivers is constrained for safety reasons.
The epidemic of Covid 19 has had a significant economic impact. The propagation of this virus has had a negative impact on almost every industry, and the ensuing lockdown has been observed in several nations throughout the world. This was the primary cause of the supply chain interruption.Several sectors' operations were halted, and their expansion was impeded. People were trapped in their homes as a result of the lockdown, and operations such as building and maintenance were halted. As a result, there was a negative influence on demand, which showed a decline.
As the economy has begun to recover after the lockdown was removed, things are returning to normal, and sectors are resuming operations and returning to their normal commercial activity. Construction and maintenance activities are also resuming and establishing a regular pace. As a result of all of this, the economy is gradually recovering and returning to normalcy. All of the aforementioned considerations have been leading to a rise in demand for air screwdrivers as various industries gradually resume operations.
AIR SCREWDRIVER MARKET REPORT COVERAGE:
REPORT METRIC |
DETAILS |
Market Size Available |
2023 - 2030 |
Base Year |
2023 |
Forecast Period |
2024 - 2030 |
CAGR |
5.7% |
Segments Covered |
By Type, Application, and Region |
Various Analyses Covered |
Global, Regional & Country Level Analysis, Segment-Level Analysis, DROC, PESTLE Analysis, Porter’s Five Forces Analysis, Competitive Landscape, Analyst Overview on Investment Opportunities |
Regional Scope |
North America, Europe, APAC, Latin America, Middle East & Africa |
Key Companies Profiled |
AIRPRESS, Desoutter Industrial Tools, Rami Yokota B.V, Tranmax Machinery Co., Ltd, WEBER, Atlas Copco Industrial Technique, AIMCO, Bosch Production Tools, FIAM Utensili Pneumatici Spa, Flawless Concepts |
Global Air Screwdriver Market Segmentation
The Pistol Model Air Screwdriver is a screwdriver tool. It is powered by compressed air or gas canisters. The air screwdriver, also known as the impact driver, has transformed this field of work by giving a quick and easy means to secure machine parts in minutes, even where a screwdriver cannot reach. As a result, it is a popular option among professionals.
The Straight Model Air Screwdriver is a screwdriver-shaped air tool. The torque, speed, and power delivered to it determine its work efficiency. It also delivers long-term excellent performance by decreasing user fatigue owing to its ergonomic design. It is also constructed in such a way that it may be utilised in small locations. The major advantage of utilising this tool is that it does not require any energy or batteries to work, making it an environmentally friendly device.
A right-angle air screwdriver is a power tool that runs on compressed air (from an air compressor) or nitrogen (nitrogen generator). It may be used to tighten or loosen screws. This screwdriver has two triggers: the forward trigger, which engages rotation in a clockwise direction, and the reverse trigger, which enables rotation in an anticlockwise manner.
The market for Air Screwdrivers may be used to install automobile body parts. Because of their ease of use and light weight, air screwdrivers have mostly replaced traditional ones. The lightweight design also decreases fatigue when working over extended periods of time. Furthermore, they are great for installing a high number of screws. The air screwdriver moves at a high speed, which saves time.
For motorcycles, air screwdrivers are especially handy for assembling windscreens, fairings, seats, body panel fasteners, and other odd components. Because of their power supply, compressed air or nitrogen, these drivers are capable of handling high torque requirements. These drivers can also work in difficult-to-reach areas. This is why motorbike manufacturers are focusing on air screwdrivers.
The Air Screwdriver Market is used for equipment repair. In addition, the Air Screwdriver Market is often referred to as a power driver or an impact driver. Using a pneumatic motor, it combines hammer driving action with rotating motion or screwdriver movement. As a result, the Air Screwdriver Market has aided in lowering physical effort while doing several heavy-duty jobs.
The Air Screwdriver Market in Decoration is used to secure screws to any piece of furniture or vehicle. The decoration comprises objects such as wooden doors, glass windows, mirror frames, and so on. It's also used to adorn stone walls. They were also utilised to adorn the concrete walls' surfaces. As a result, this market will expand during the next five years.
North America is predicted to be the worldwide Air Screwdriver Market leader. North America is further split into countries such as the United States and Canada. This region has seen widespread adoption of new technology, and it also offers competitive labour rates, allowing businesses to save money when outsourcing tasks. The largest region in this area is the United States, which is the region's leader.
The Asia Pacific region, which includes nations such as India, Japan, and China, ranks second due to the expansion of the industrial sector and an increase in building activity. This region's operations are gradually increasing, which will boost its market share in the future.
The booming automotive sector and rising demand for ornamentation are the primary drivers of growth in this region. The Europe region is further divided into the United Kingdom, France, Germany, Italy, Spain, Russia, and the Rest of Europe. The Latin America area is separated into Brazil, Mexico, and the rest of Latin America, whereas the Middle east region is divided into GCC, Turkey, South Africa, and the rest of Middle East.
Key players
Chapter 1. Air Screwdriver Market – Scope & Methodology
1.1. Market Segmentation
1.2. Assumptions
1.3. Research Methodology
1.4. Primary Sources
1.5. Secondary Sources
Chapter 2. Air Screwdriver Market – Executive Summary
2.1. Market Size & Forecast – (2024 – 2030) ($M/$Bn)
2.2. Key Trends & Insights
2.3. COVID-19 Impact Analysis
2.3.1. Impact during 2024 - 2030
2.3.2. Impact on Supply – Demand
Chapter 3. Air Screwdriver Market – Competition Scenario
3.1. Market Share Analysis
3.2. Product Benchmarking
3.3. Competitive Strategy & Development Scenario
3.4. Competitive Pricing Analysis
3.5. Supplier - Distributor Analysis
Chapter 4. Air Screwdriver Market - Entry Scenario
4.1. Case Studies – Start-up/Thriving Companies
4.2. Regulatory Scenario - By Region
4.3 Customer Analysis
4.4. Porter's Five Force Model
4.4.1. Bargaining Power of Suppliers
4.4.2. Bargaining Powers of Customers
4.4.3. Threat of New Entrants
4.4.4. Rivalry among Existing Players
4.4.5. Threat of Substitutes
Chapter 5.Air Screwdriver Market - Landscape
5.1. Value Chain Analysis – Key Stakeholders Impact Analysis
5.2. Market Drivers
5.3. Market Restraints/Challenges
5.4. Market Opportunities
Chapter 6. Air Screwdriver Market – By Type
6.1. Pistol Model Air Screwdriver
6.2. Straight Model Air Screwdriver
6.3. Right-Angle Air Screwdriver
Chapter 7. Air Screwdriver Market – By Application
7.1. Automobile Industry
7.2. Equipment Repair
7.3. Decoration
7.4. Others
Chapter 8. Air Screwdriver Market – By Region
8.1. North America
8.2. Europe
8.3.The Asia Pacific
8.4.Latin America
8.5. Middle-East and Africa
Chapter 9. Air Screwdriver Market – Company Profiles – (Overview, Product Portfolio, Financials, Developments)
9.1. AIRPRESS
9.2. Desoutter Industrial Tools
9.3. Rami Yokota B.V
9.4. Tranmax Machinery Co., Ltd
9.5. WEBER
9.6. Atlas Copco Industrial Technique
9.7. AIMCO
9.8. Bosch Production Tools
9.9. FIAM Utensili Pneumatici Spa
9.10. Flawless Concepts
2500
4250
5250
6900
Frequently Asked Questions
Pneumatic screwdriver is another name for an air screwdriver. Instead of using electricity as a power source, it uses compressed air. These screwdrivers can survive harsh situations and have a very high torque output.
The air screwdrivers industry offers the largest prospects in North America
AIMCO, Atlas Copco Industrial Technique, AIRPRESS, Bosch Production Tools, Desoutter Industrial Tools, FIAM Utensili Pneumatici Spa are some of they key players in Air screwdriver market.
The Air Screwdriver Market is anticipated to be worth 3.12 billion by 2030
Automobile industry,Electronic repair and Decoration are some of the application of air screwdriver
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