| Product Code: ETC6740559 | Publication Date: Sep 2024 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
China continues to dominate the cordless drill import market in 2024, with Malaysia, Germany, Austria, and Japan also making significant contributions. The high Herfindahl-Hirschman Index (HHI) indicates a concentrated market, while the negative compound annual growth rate (CAGR) from 2020-2024 suggests a decline in overall imports. However, the impressive growth rate of 34.46% from 2023-2024 signals a potential resurgence in demand for cordless drills in China. It will be interesting to see how these trends evolve and impact the market dynamics in the coming years.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 China Cordless Drill Market Overview |
3.1 China Country Macro Economic Indicators |
3.2 China Cordless Drill Market Revenues & Volume, 2021 & 2031F |
3.3 China Cordless Drill Market - Industry Life Cycle |
3.4 China Cordless Drill Market - Porter's Five Forces |
3.5 China Cordless Drill Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 China Cordless Drill Market Revenues & Volume Share, By Battery, 2021 & 2031F |
4 China Cordless Drill Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for DIY home improvement projects in China |
4.2.2 Technological advancements leading to higher efficiency and convenience in cordless drills |
4.2.3 Growing trend towards electric vehicles and renewable energy pushing demand for cordless tools |
4.3 Market Restraints |
4.3.1 Rising raw material costs impacting the pricing of cordless drills |
4.3.2 Competition from traditional corded drills in certain market segments |
4.3.3 Economic uncertainties affecting consumer spending on non-essential items like power tools |
5 China Cordless Drill Market Trends |
6 China Cordless Drill Market, By Types |
6.1 China Cordless Drill Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 China Cordless Drill Market Revenues & Volume, By Type, 2021- 2031F |
6.1.3 China Cordless Drill Market Revenues & Volume, By Hammer & Rotary Power Cordless Drills, 2021- 2031F |
6.1.4 China Cordless Drill Market Revenues & Volume, By Impact Power Cordless Drills, 2021- 2031F |
6.2 China Cordless Drill Market, By Battery |
6.2.1 Overview and Analysis |
6.2.2 China Cordless Drill Market Revenues & Volume, By Nickel-cadmium Batteries, 2021- 2031F |
6.2.3 China Cordless Drill Market Revenues & Volume, By Lithium-ion batteries, 2021- 2031F |
7 China Cordless Drill Market Import-Export Trade Statistics |
7.1 China Cordless Drill Market Export to Major Countries |
7.2 China Cordless Drill Market Imports from Major Countries |
8 China Cordless Drill Market Key Performance Indicators |
8.1 Adoption rate of cordless drills in industrial and residential sectors |
8.2 Number of new product innovations in the cordless drill market |
8.3 Growth in the number of cordless drill manufacturers offering eco-friendly and energy-efficient models |
9 China Cordless Drill Market - Opportunity Assessment |
9.1 China Cordless Drill Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 China Cordless Drill Market Opportunity Assessment, By Battery, 2021 & 2031F |
10 China Cordless Drill Market - Competitive Landscape |
10.1 China Cordless Drill Market Revenue Share, By Companies, 2024 |
10.2 China Cordless Drill Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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