Global demand for electric power tools is forecast to increase 4.0% per year to $40.9 billion in 2029. Growth will be driven by the increasing prevalence of cordless power tools in both consumer and professional markets.
This report covers the global electric power tools market by power source, market, and region. Demand is presented in US dollars.
Sales by power source are presented for:
Plug-in tools
Cordless tools
Sales by product are also presented for:
Drills
Saws
Sanders, polishers, and grinders
Other electric tools
Parts and attachments for electric tools
Sales by market are presented for:
Professional
Construction
Motor vehicle aftermarket
Other professional markets
Consumer
Sales are presented for the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast
Historical data are provided for 2014, 2019, and 2024 for demand, with forecasts for 2029 and 2034. Data are provided in US dollars. Also included is an analysis of key industry players and their global market share.
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