Earth Auger Drills Market, Global Outlook and Forecast 2024-2030
- Siddhi Patil
- Jul 17, 2024
- 4 min read
The Global "Earth Auger Drills Market" was valued at US$ 273 million in 2023 and is projected to reach US$ 381 million by 2030, at a CAGR of 5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Earth auger drills are power tools designed for digging holes in the ground efficiently. They consist of a rotating helical drill bit or auger attached to a motor, typically powered by electricity or a gasoline engine. Earth auger drills are used in various applications such as gardening, landscaping, construction, and agriculture for tasks like planting trees, installing fence posts, or creating holes for building foundations.
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
Get FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-earth-auger-drills-forecast-2024-2030-365
Market Share:
Professional users dominate the market, representing around 70% of the total sales. This group includes construction workers, landscapers, and agricultural professionals who require efficient tools for drilling holes in the ground.
Growth Rate:
The professional segment is projected to grow at a compound annual growth rate (CAGR) of 5% over the next five years. The consistent demand for these drills in infrastructure projects, landscaping, and farming activities drives this growth.
Purchase Drivers:
Key factors influencing purchase decisions among professional users include power, durability, and versatility. Professionals prefer models that can handle various soil types and depths, with features like interchangeable drill bits and ergonomic designs for extended use.
Non-Professional Users
Market Share:
Non-professional users, including DIY enthusiasts and homeowners, account for about 30% of the market. This segment is growing as more individuals engage in home improvement and gardening projects that require digging holes for posts, plants, and other purposes.
Growth Rate:
The non-professional segment is expected to see a higher CAGR of 5.8% over the next five years. The increasing popularity of home gardening and small-scale landscaping projects is a significant driver for this growth.
Purchase Drivers:
Non-professional users prioritize affordability, ease of use, and safety features when purchasing earth auger drills. They often seek lightweight and user-friendly models that offer good value for money and come with clear instructions and safety mechanisms.
Geographic Distribution
North America:
North America holds the largest share of the earth auger drills market, with approximately 40% of total sales. The region’s strong construction industry and large-scale agricultural activities are major contributors.
Europe:
Europe accounts for around 35% of the market. The region’s well-established construction and landscaping industries, along with a significant focus on gardening, drive the demand for earth auger drills.
Asia-Pacific:
The Asia-Pacific region is the fastest-growing market, with an expected CAGR of 6.5% over the next five years. Rapid urbanization, increasing agricultural activities, and rising disposable incomes contribute to this growth.
Key Trends
Technological Innovations:
Advances in motor technology and battery life are improving the efficiency and performance of earth auger drills. Battery-powered models are becoming increasingly popular due to their convenience and environmental benefits.
Ergonomics and Safety:
Manufacturers are focusing on ergonomic designs to enhance user comfort and reduce fatigue. Safety features such as automatic shut-off and anti-kickback mechanisms are becoming standard to prevent accidents during use.
Sustainability:
There is a growing emphasis on sustainable practices, with a shift towards electric and battery-operated auger drills to minimize emissions and noise pollution. This trend is particularly strong in regions with stringent environmental regulations.
We surveyed the Earth Auger Drills manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
By Type:
One-person Operation Drilling Rig
Two-person Operation Drilling Rig
By Application:
Gardening
Agriculture
Construction
Other
By Region and Country:
North America (United States, Canada, Mexico)
Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
The Middle East and Africa (Middle East, Africa)
South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Earth Auger Drills revenues in global market, 2019-2024 (Estimated), ($ millions)
Key companies Earth Auger Drills revenues share in global market, 2023 (%)
Key companies Earth Auger Drills sales in global market, 2019-2024 (Estimated), (K Units)
Key companies Earth Auger Drills sales share in global market, 2023 (%)
Key Players Include:
Stihl
Husqvarna
Echo
Dirty Hand Tools
Earthquake
General Equipment Company
Ground Hog
Brave Pro
Little Beaver
Bluebird
Jiffy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Earth Auger Drills, market overview.
Chapter 2: Global Earth Auger Drills market size in revenue and volume.
Chapter 3: Detailed analysis of Earth Auger Drills manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Earth Auger Drills in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Earth Auger Drills capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Get the Complete Report & TOC at https://www.24marketreports.com/machines/global-earth-auger-drills-forecast-2024-2030-365
CONTACT US:
276 5th Avenue, New York , NY 10001,United States
International: (+1) 646 781 7170
Follow Us On linkedin :-https://www.linkedin.com/company/24-market-reports
Comments