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Last Updated: Apr 25, 2025 | Study Period: 2022-2030
The motor in a cordless ratchet wrench is powered by a battery, which also rotates the ratchet's head.
A cordless ratchet is more than simply a time-saving equipment; it enables a DIYer to work in confined locations without worrying about the swing clearance of a ratchet handle.
The global cordless ratchet wrench market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2022 to 2030.
Announcing the new 18V LXTCordless 3/8" / 1/4" Sq. Drive Ratchet, Makita Inc., the innovative leader in cordless power tool technology, is eager to share this news (XRW01). This cordless ratchet makes it easier to attach or remove bolts for automotive professionals and enthusiasts.
The XRW01 is a two-tool that can switch between a 3/8" and a 1/4" anvil (included).For versatility, this ratchet has interchangeable 3/8" and 1/4" anvils. As a result of the lightweight, ergonomic design, operator fatigue is decreased. The low-profile form offers better handling for overhead applications and in confined places.
One-handed adjustments are possible thanks to the forward and reverse toggle on the ratchet head, which is known to users of professional-grade hand-ratchets. The ratchet has Star Protection Computer Controls for enhanced tool performance and longer battery life.
Star Protection is a form of communication that enables a tool and battery to share data in real time while in use and monitor environmental conditions to prevent overloading, over-discharging, and overheating. Makita 18V LXT Lithium-Ion Batteries with the star symbol on the battery indicating Star Protection inside can also be used to power the tool for greater versatility.
The new XRW01 is the most recent product to be added to the growing line of 18V cordless goods that are only available for automobiles. The product line also comprises illumination, solutions for cutting, grinding, and adhesive applications, an inflator and polisher, drills, and impact tools.
| Sl no | Topic |
| 1 | Market Segmentation |
| 2 | Scope of the report |
| 3 | Abbreviations |
| 4 | Research Methodology |
| 5 | Executive Summary |
| 6 | Introduction |
| 7 | Insights from Industry stakeholders |
| 8 | Cost breakdown of Product by sub-components and average profit margin |
| 9 | Disruptive innovation in the Industry |
| 10 | Technology trends in the Industry |
| 11 | Consumer trends in the industry |
| 12 | Recent Production Milestones |
| 13 | Component Manufacturing in US, EU and China |
| 14 | COVID-19 impact on overall market |
| 15 | COVID-19 impact on Production of components |
| 16 | COVID-19 impact on Point of sale |
| 17 | Market Segmentation, Dynamics and Forecast by Geography, 2022-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2030 |
| 21 | Product installation rate by OEM, 2022 |
| 22 | Incline/Decline in Average B-2-B selling price in past 5 years |
| 23 | Competition from substitute products |
| 24 | Gross margin and average profitability of suppliers |
| 25 | New product development in past 12 months |
| 26 | M&A in past 12 months |
| 27 | Growth strategy of leading players |
| 28 | Market share of vendors, 2022 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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