The global rotary hammer drill products market was valued at USD 4.1 billion in 2022 and is projected to expand at a CAGR of 7.2% from 2023 to 2030. Rotary hammer drills are widely used in renovation and construction projects due to their efficiency and power. These products are suitable for drilling into masonry, concrete, stone, and other hard surfaces. The rotary hammer drill products market is driven primarily by the growing demand for residential and commercial infrastructure. Furthermore, the rising focus on renovating existing infrastructure and increasing construction activities in the residential and non-residential sectors are expected to boost the product demand.

In addition, the increasing focus on safety and convenience is driving the demand for cordless rotary hammer drills. Cordless rotary hammer drills are gaining popularity due to their ease of use and portability. Furthermore, cordless rotary hammer drills are equipped with various features such as anti-vibration technology, dust extraction, and adjustable speed, which is increasing their demand among consumers. For instance, in August 2020, Bosch announced the launch of its new cordless rotary hammer drill, GBH 18V-26 F, which is equipped with a powerful brushless motor and has a maximum drilling diameter of 26 mm.

The increasing demand for advanced features such as hammer stop mode, variable speed, and reversible switch is also driving the market growth. Hammer stop mode helps reduce noise and vibrations, while variable speed helps in fine-tuning the drilling speed depending on the material being drilled. Furthermore, the reversible switch helps reverse the direction of the bit for easy removal from the material. Thus, manufacturers are launching new products with advanced features to cater to the increasing consumer demand. For instance, in December 2020, Makita launched a new rotary hammer drill, HR2641, which is equipped with a hammer stop mode and a variable speed trigger.

The increasing adoption of rotary hammer drills in the industrial sector is also fueling the demand for the product. Rotary hammer drills are being used in industrial applications such as mining, oil & gas, and metal fabrication, among others. Furthermore, the product’s ability to drive fasteners and install anchors in concrete is increasing its demand in the industrial sector. Moreover, the rising demand for energy-efficient products is driving the demand for cordless rotary hammer drills. For instance, in April 2021, Stanley Black & Decker launched the DEWALT FLEXVOLT 60V MAX rotary hammer drill, which is equipped with a brushless motor for increased power and runtime.

The increasing demand for lightweight, easy-to-use, and durable rotary hammer drills is resulting in a rise in the number of product launches. Manufacturers are introducing new products with advanced features to cater to the growing consumer demand. For instance, in April 2021, Hilti launched its new TE-CX cordless rotary hammer drill, which is equipped with an integrated dust extraction system, allowing for easy and clean drilling. Moreover, the availability of a wide variety of these products online is accelerating the demand. The e-commerce platform further provides various offers on these products, which is boosting online sales.

The rotary hammer drill segment accounted for the largest market share in the period of 2019-2027. The growth of the market is attributed to the increasing demand for rotary hammer drills in the residential and commercial sectors. Additionally, increasing investments in the renovation of existing structures, increasing demand from the construction industry, and rising demand for construction activities in emerging economies are also expected to drive the demand for rotary hammer drills in the coming years. Furthermore, technological advancements in rotary hammer drills such as cordless rotary hammer drills and dust extractors are expected to further enhance the growth of the market.

The multi-function hammer drill segment is expected to expand at the fastest CAGR of 8.7% during the forecast period. The increasing demand for multi-function hammer drills due to their ability to perform multiple functions is expected to drive the market growth. Furthermore, the rising demand for multi-function hammer drills among contractors and professionals due to their cost-effectiveness is also expected to propel market growth. Additionally, the increasing trend of DIY projects and home renovations is also expected to further drive the demand for multi-function hammer drills in the coming years.

The hardware stores segment captured the major share of over 50.0% in 2022. This can be attributed to the increasing number of hardware stores across the globe, which offer a wide range of rotary hammer drill products. These stores have experienced a surge in demand due to the rising demand for home improvement and renovation activities. Moreover, customers are more likely to purchase these products from physical stores as they can view the product and compare its features.

The e-commerce segment is anticipated to expand at the highest CAGR of 10.3% over the forecast period. The e-commerce platform offers various benefits to customers such as product variety, discounts, convenience, time savings, and easy access to product information. Furthermore, companies have also been launching their own e-commerce websites and apps to increase their visibility among the customers. For example, in August 2022, Bosch introduced its e-commerce platform to sell its power tools and accessories in India. The platform provides customers with an easy and convenient way to purchase products.

The corded rotary hammer drill segment is expected to account for the largest market share in the forecast period, owing to the increasing demand from the construction industry. Corded rotary hammer drills are generally used in heavy-duty applications, including drilling concrete and masonry. The corded power source enables them to deliver higher power and torque, which are essential for such applications. Furthermore, their low noise and vibration characteristics make them suitable for industrial applications.

The cordless rotary hammer drill segment is likely to expand at the highest rate during the forecast period. The cordless variant is suitable for light-duty applications such as drilling through a wooden surface. The cordless feature enables the user to use the product in remote locations, where power sources are not easily available. Furthermore, the increasing demand for cordless products owing to the convenience they offer is likely to propel the segment growth.

Europe held the largest revenue share of the market in 2021. The rising demand for home improvement and renovation activities has been driving the market in the region. Several e-commerce stores in the region are offering a wide range of rotary hammer drills, which is further increasing the demand. For instance, in April 2021, Amazon launched a new range of rotary hammer drills in France, Germany, and the UK.

Asia Pacific is expected to witness the fastest growth in the coming years. Rising demand from the residential and commercial sectors is driving the growth in the region. In addition, increasing disposable income and the emergence of several specialized e-commerce stores are further driving the growth of the market in the region. For instance, in January 2021, a leading e-commerce store in India, Flipkart, launched a new range of rotary hammer drills from leading brands.

In this part of the rotary hammer drill products business plan we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for the business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions
The main source of revenues for a rotary hammer drill products business comes from the sale of the product, as well as associated services such as repairs and maintenance. Other potential sources of profit include rentals, installation services, and training.

Projecting Expenses
In this section, all the regular expenses related to keeping the rotary hammer drill products business running will be described. The list of operating expenses includes wages, marketing, inventory, rent, utilities, insurance policies, and others.

Some of the key companies operating in the rotary hammer drill market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In January 2022, Bosch GmbH launched the GBH 18V-26 Professional rotary hammer drill, which is suitable for drilling and hammer drilling in masonry and concrete.

– In March 2022, Makita Corporation launched the XRH04T rotary hammer drill, which is suitable for drilling and hammer drilling in masonry and concrete.

– In April 2022, DeWalt launched the DCH133X2 rotary hammer drill, which is suitable for drilling and hammer drilling in masonry and concrete.

Some of the prominent players in the rotary hammer drill market include:

– Bosch GmbH
– Makita Corporation
– DeWalt
– Hilti Corporation
– Milwaukee Tool
– Metabo Corporation
– AEG Power Tools
– Hitachi Koki Co., Ltd.
– Fein GmbH
– STANLEY Infrastructure

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global rotary hammer drill products market based on product type, application, and region:

1. Product Type Outlook (Revenue, USD Million, 2017 – 2030)

– Light Duty Rotary Hammer
– Heavy Duty Rotary Hammer
– Demolition Hammer
– Others

2. Application Outlook (Revenue, USD Million, 2017 – 2030)

– Building Construction
– Road Construction
– Others

3. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

[Q]: What are the applications of Rotary Hammer Drill?
[A]: Rotary hammer drills are used in a wide range of applications such as drilling in concrete, masonry, and other materials. They can also be used to create holes for screw anchors, drilling into walls, and making through-holes in concrete slabs.

[Q]: What are the benefits of using a Rotary Hammer Drill?
[A]: Rotary hammer drills provide many benefits over traditional drills such as increased speed and power, improved accuracy, and greater versatility. They are also easy to use, provide greater control, and are less likely to cause vibration and fatigue.

[Q]: What are the Key Players in the Rotary Hammer Drill Market?
[A]: Major players operating in the global rotary hammer drill market include Hilti Corporation, Makita Corporation, Bosch Power Tools, Metabo Corporation, DeWalt, Hitachi Koki, and Stanley Black & Decker.

[Q]: Which Region is Expected to Witness the Highest Demand for Rotary Hammer Drills?
[A]: Asia Pacific is expected to witness the highest demand for rotary hammer drills, owing to the increasing demand for construction activities and infrastructure investments in the region.

[Q]: What are the Factors Driving the Rotary Hammer Drill Market?
[A]: Factors such as increasing construction activities, rising disposable income, and growing awareness about the benefits of rotary hammer drills are driving the rotary hammer drill market.