DC Electric Nutrunner Market Insights Video

According to Cognitive Market Research, the global DC Electric Nutrunner market size was USD 3514.5 million in 2024. It will expand at a compound annual growth rate (CAGR) of 7.00% from 2024 to 2031.

• North America held the major market share for more than 40% of the global revenue with a market size of USD 1405.80 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.
• Europe accounted for a market share of over 30% of the global revenue with a market size of USD 1054.35 million.
• Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 808.34 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.
• Latin America had a market share of more than 5% of the global revenue with a market size of USD 175.73 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.
• Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 70.29 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031.
• The automotive industry is the dominant end-user segment in the DC Electric Nutrunner Market, driven by the high demand for precision fastening solutions in vehicle assembly line