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Cordless Brad Nailer Market Report Overview
The global cordless brad nailer market size is expanded rapidly in 2023 and market is expected to generate substantial revenue by 2032, exhibiting a high compound annual growth rate (CAGR) from 2023 to 2032.
To insert brads (tiny nails) into wood or other materials, one sort of power instrument is called a cordless brad nailer. Cordless brad nailers are battery-operated, which makes them more portable and practical to use on job sites than standard brad nailers that need an electrical outlet and an air compressor. This device is used to drive nails rapidly and effectively in building, woodworking, and other related tasks. The cordless design gives the freedom to move around the work area without being constrained by a power line or air hose, and the battery-powered motor delivers enough force to drive the nails, negating the need for an air compressor.
There are various reasons why the cordless brad nailer market growth is expanding. The rising demand for power tools that are more portable and convenient is one of the primary factors driving growth. Users of cordless brad nailers won't have to worry about locating a power supply or lugging a large air compressor about. Cordless brad nailers' battery-powered construction gives users additional mobility on the job site, facilitating access to confined locations and obstacle-avoiding manoeuvres. Additionally, cordless brad nailers are getting cheaper, making a wider spectrum of users—including DIY enthusiasts and professional contractors—able to use them. The cordless brad nailer market is expanding as a result of the development of stronger, longer-lasting batteries that allow users to operate for extended periods before needing to stop and recharge them.
COVID-19 Impact: Halt In Operations Impeded Market Development
Since the COVID-19 virus first appeared, the global markets have suffered a tremendous loss, which has harmed the global economy. The lockdown that followed the outbreak caused markets all across the world to endure its terrible effects. Due to the restrictions imposed by the lockdown, some industries were compelled to temporarily cease all of their activities, which resulted in a lack of products despite a high level of demand. Similar to how the cordless brad nailer market suffered from the suspension of production and the scarcity of raw materials brought on by the disruption of the global supply chain.
Latest Trends
"Mobility Of Tools Facilitates Market Growth"
There is an increasing demand for cordless brad nailers that may be used without being connected to a power source as customers and contractors become more aware of the advantages of cordless tools, including more mobility and flexibility. The launch of new cordless brad nailer models as well as the development of more advanced cordless technology, such as batteries with greater capacity and tools with better power-to-weight ratios, is this trend influencing both. As users look for tools that offer the most comfort and ease of use on the job site, the trend toward cordless technology is predicted to continue.
Cordless Brad Nailer Market Segmentation
- By Type Analysis
According to type, the market can be segmented into 18 volts and 20 volts. The segment of 18 volts will pioneer the market by type during the market period of 2021-2031.
- By Application Analysis
Based on application, the market can be divided into commercial and household. The commercial segment of the market will dominate the industry by the application during the forecast period.
Driving Factors
"Convenience Of Usage Proliferates Market Value"
The rising need for practical, transportable, and simple-to-use power equipment is what's fuelling the growth of the cordless brad nailer industry. The conventional pneumatic brad nailer can be cumbersome, heavy, and restricted in terms of mobility since it needs an air compressor and a power source. In contrast, cordless brad nailers do not need an air compressor or power supply and are intended to be lighter and more portable. As a result, DIY enthusiasts and contractors can complete projects more easily and adaptably without being bound to a power source.
"Increasing Awareness Regarding Environment Contributes To Market Demand"
Since they are powered by batteries instead of compressed air, cordless brad nailers don't produce the same fumes or pollutants as typical pneumatic brad nailers. For builders and homeowners who want to minimize their carbon footprint and environmental impact, they are therefore a more environmentally friendly option. Additionally, since they don't need a constant power source to drive an air compressor, cordless brad nailers are frequently more energy-efficient. This not only aids in lowering energy use, but also operating expenses.
Restraining Factors
"The Limited Run Time Of The Tool Slows Down Market Expansion"
The market for cordless brad nailers is primarily constrained by the lower power and shorter run times of cordless tools than those of classic pneumatic brad nailers. Batteries that power cordless brad nailers have a finite capacity and may need to be often recharged. This may limit the amount of time a user may spend working on a single project and cause disruptions in workflow. Additionally, pneumatic brad nailers might have more power and accuracy than cordless brad nailers, which could limit the adaptability and heavy-duty applications that they can tackle.
Cordless Brad Nailer Market Regional Insights
"Due To High Demand, North America Triumphs"
For several reasons, the cordless brad nailer market share is dominated by the North American area. First off, the region has a thriving construction industry, which fuels the demand for power tools and building supplies. Second, many contractors and homeowners in the area are open to investing in new tools and technology that help facilitate and accelerate their job. Last but not least, the North American region is home to many top power tool producers and sellers who are actively involved in advancing and developing cordless technology.
There is a growing need for battery-powered instruments that don't produce fumes or other pollutants in the European region due to the region's strong emphasis on sustainability and eco-friendliness. A strong retail market for hardware and power tools exists in the area as well, making it simple for customers to try out new goods such as cordless brad nailers.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
LIST OF TOP CORDLESS BRAD NAILER COMPANIES
- DeWalt (U.S.)
- Makita (Japan)
- Milwaukee Tool (U.S.)
- Ryobi (Japan)
- Porter-Cable (U.S.)
- CRAFTSMAN (U.S.)
- BOSTITCH (U.S.)
- RIDGID (U.S.)
- Metabo HPT (Germany)
- SENCO (U.S.)
- WORX (U.S.)
- KIMO (Germany)
- Neu Master Tool (U.S.)
- Freeman Tool (U.S.)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors such as segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
Frequently Asked Questions
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What value is the global cordless brad nailer market expected to touch by 2031?
The global cordless brad nailer market is expected to generate substantial revenue by 2031.
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What CAGR is the cordless brad nailer market expected to exhibit during 2024-2031?
The cordless brad nailer market is expected to exhibit a robust CAGR over 2024-2031.
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Which are the driving factors of the cordless brad nailer market?
Convenience of usage and the increasing awareness regarding environment are the major factors driving the cordless brad nailer market.
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Which are the top companies operating in the cordless brad nailer market?
Some of the top companies operating in the cordless brad nailer market include DeWalt (U.S.), Makita (Japan), Milwaukee Tool (U.S.), Ryobi (Japan), and Porter-Cable (U.S.).