Global Cordless Power Tools Supply, Demand and Key Producers, 2026-2032
Description
The global Cordless Power Tools market size is expected to reach $ 23230 million by 2032, rising at a market growth of 6.2% CAGR during the forecast period (2026-2032).
Power tools play an increasingly important role in the daily activities of mankind, and along with the evolution of user habits and consumer preferences to miniaturization, portable development, cordless lithium tools have become the fastest popularization of power tools in recent years in the product type. Cordless power tools from AC power to battery-powered DC power, and lithium batteries compared to traditional nickel-cadmium batteries, nickel-metal hydride batteries with high energy density, long cycle life, clean and pollution-free advantages, has become the mainstream power cordless DC power tools program. Cordless lithium battery power tools can get rid of the cable on the use of environmental restrictions, reduce the occurrence of electric shock accidents, and better play flexibility.
The market for cordless power tools has witnessed significant growth over the past decade, driven by technological advancements, increasing urbanization, and the expanding construction industry. Here are some trends and insights into the cordless power tool market as of QYResearch last update:
Market Trends
Battery Technology Advancements: One of the key trends in the cordless power tools market is the advancement in battery technology. Lithium-ion batteries have become the industry standard due to their higher energy density, longer lifespans, and reduced self-discharge rates. The development of these batteries has enabled the production of more powerful and lightweight tools.
Higher Power Output: Advances in motor technology have led to the production of cordless tools that can match or even exceed the power of their corded counterparts. Brushless motors are now common, offering increased efficiency, longer runtime, and extended tool life.
Smart Tools: The integration of smart technology into power tools is a growing trend. Tools are now being equipped with Bluetooth connectivity, which allows for features like tool control, data tracking, and remote diagnostics.
Modular Systems: Many manufacturers are developing systems where the battery and charger are compatible across a wide range of tools. This allows users to purchase one battery and charger, and then use them with multiple tools, which is both cost-effective and convenient.
Professional Grade for DIY Enthusiasts: Professional-grade cordless tools are becoming more accessible to DIY enthusiasts. The performance gap between professional and consumer-level tools is narrowing, encouraging more hobbyists to invest in higher-quality tools.
Sustainability and Eco-Friendliness: As concerns over the environment grow, there's an increasing trend towards sustainability in power tools. This includes the development of tools with more efficient energy use and the use of recycled materials in their construction.
E-Commerce Sales: Online sales channels are becoming a significant distribution channel for cordless power tools. E-commerce platforms provide consumers with a convenient way to compare products, read reviews, and purchase tools directly.
Market Growth Factors
Construction and Infrastructure Projects: The demand for cordless power tools is closely linked to construction activities. The growth in infrastructure development in emerging economies is a major driver of the market.
Home Improvement and DIY Movement: The DIY movement has encouraged more individuals to take on home improvement projects, increasing the demand for user-friendly cordless power tools.
Professional Trades: Electricians, plumbers, carpenters, and other tradespeople are increasingly adopting cordless tools due to their convenience, flexibility, and performance.
Market Challenges
Cost: The initial cost of cordless power tools, especially those with advanced features, can be higher than their corded equivalents.
Battery Life and Replacement Costs: Although battery technology has improved, the cost and lifespan of batteries are concerns for users.
Competition and Market Saturation: The market is highly competitive, with many players vying for market share. This can make it challenging for new entrants to establish themselves.
Future Outlook
The cordless power tool market is expected to continue growing, driven by innovation and the increasing preference for portability and convenience. The focus on smart technology and the integration of IoT (Internet of Things) is likely to further expand the capabilities and applications of these tools. Sustainability initiatives may also shape the future of the market, with a potential shift towards even more environmentally friendly materials and processes.
This report studies the global Cordless Power Tools production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Cordless Power Tools and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cordless Power Tools that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Cordless Power Tools total production and demand, 2021-2032, (K Units)
Global Cordless Power Tools total production value, 2021-2032, (USD Million)
Global Cordless Power Tools production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Cordless Power Tools consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Cordless Power Tools domestic production, consumption, key domestic manufacturers and share
Global Cordless Power Tools production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Cordless Power Tools production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Cordless Power Tools production by End Users, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Cordless Power Tools market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TTI, Stanley Black & Decker, Bosch, Makita, HiKOKI, Hilti, Snap-on Incorporated, Dongcheng, Festool, CHERVON, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cordless Power Tools market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by End Users. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Cordless Power Tools Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Cordless Power Tools Market, Segmentation by Type:
Drill
Screwdrivers
Angle Grinder
Hammers
Wrenches
Saw
Others
Global Cordless Power Tools Market, Segmentation by End Users:
Professional
Consumer
Companies Profiled:
TTI
Stanley Black & Decker
Bosch
Makita
HiKOKI
Hilti
Snap-on Incorporated
Dongcheng
Festool
CHERVON
C. & E. Fein
Emerson
Jiangsu Jinding
Positec Group
KEN
Zhejiang Boda Industrial
Chicago Pneumatic
Key Questions Answered:
1. How big is the global Cordless Power Tools market?
2. What is the demand of the global Cordless Power Tools market?
3. What is the year over year growth of the global Cordless Power Tools market?
4. What is the production and production value of the global Cordless Power Tools market?
5. Who are the key producers in the global Cordless Power Tools market?
6. What are the growth factors driving the market demand?
Power tools play an increasingly important role in the daily activities of mankind, and along with the evolution of user habits and consumer preferences to miniaturization, portable development, cordless lithium tools have become the fastest popularization of power tools in recent years in the product type. Cordless power tools from AC power to battery-powered DC power, and lithium batteries compared to traditional nickel-cadmium batteries, nickel-metal hydride batteries with high energy density, long cycle life, clean and pollution-free advantages, has become the mainstream power cordless DC power tools program. Cordless lithium battery power tools can get rid of the cable on the use of environmental restrictions, reduce the occurrence of electric shock accidents, and better play flexibility.
The market for cordless power tools has witnessed significant growth over the past decade, driven by technological advancements, increasing urbanization, and the expanding construction industry. Here are some trends and insights into the cordless power tool market as of QYResearch last update:
Market Trends
Battery Technology Advancements: One of the key trends in the cordless power tools market is the advancement in battery technology. Lithium-ion batteries have become the industry standard due to their higher energy density, longer lifespans, and reduced self-discharge rates. The development of these batteries has enabled the production of more powerful and lightweight tools.
Higher Power Output: Advances in motor technology have led to the production of cordless tools that can match or even exceed the power of their corded counterparts. Brushless motors are now common, offering increased efficiency, longer runtime, and extended tool life.
Smart Tools: The integration of smart technology into power tools is a growing trend. Tools are now being equipped with Bluetooth connectivity, which allows for features like tool control, data tracking, and remote diagnostics.
Modular Systems: Many manufacturers are developing systems where the battery and charger are compatible across a wide range of tools. This allows users to purchase one battery and charger, and then use them with multiple tools, which is both cost-effective and convenient.
Professional Grade for DIY Enthusiasts: Professional-grade cordless tools are becoming more accessible to DIY enthusiasts. The performance gap between professional and consumer-level tools is narrowing, encouraging more hobbyists to invest in higher-quality tools.
Sustainability and Eco-Friendliness: As concerns over the environment grow, there's an increasing trend towards sustainability in power tools. This includes the development of tools with more efficient energy use and the use of recycled materials in their construction.
E-Commerce Sales: Online sales channels are becoming a significant distribution channel for cordless power tools. E-commerce platforms provide consumers with a convenient way to compare products, read reviews, and purchase tools directly.
Market Growth Factors
Construction and Infrastructure Projects: The demand for cordless power tools is closely linked to construction activities. The growth in infrastructure development in emerging economies is a major driver of the market.
Home Improvement and DIY Movement: The DIY movement has encouraged more individuals to take on home improvement projects, increasing the demand for user-friendly cordless power tools.
Professional Trades: Electricians, plumbers, carpenters, and other tradespeople are increasingly adopting cordless tools due to their convenience, flexibility, and performance.
Market Challenges
Cost: The initial cost of cordless power tools, especially those with advanced features, can be higher than their corded equivalents.
Battery Life and Replacement Costs: Although battery technology has improved, the cost and lifespan of batteries are concerns for users.
Competition and Market Saturation: The market is highly competitive, with many players vying for market share. This can make it challenging for new entrants to establish themselves.
Future Outlook
The cordless power tool market is expected to continue growing, driven by innovation and the increasing preference for portability and convenience. The focus on smart technology and the integration of IoT (Internet of Things) is likely to further expand the capabilities and applications of these tools. Sustainability initiatives may also shape the future of the market, with a potential shift towards even more environmentally friendly materials and processes.
This report studies the global Cordless Power Tools production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Cordless Power Tools and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of Cordless Power Tools that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Cordless Power Tools total production and demand, 2021-2032, (K Units)
Global Cordless Power Tools total production value, 2021-2032, (USD Million)
Global Cordless Power Tools production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (K Units), (based on production site)
Global Cordless Power Tools consumption by region & country, CAGR, 2021-2032 & (K Units)
U.S. VS China: Cordless Power Tools domestic production, consumption, key domestic manufacturers and share
Global Cordless Power Tools production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (K Units)
Global Cordless Power Tools production by Type, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
Global Cordless Power Tools production by End Users, production, value, CAGR, 2021-2032, (USD Million) & (K Units)
This report profiles key players in the global Cordless Power Tools market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TTI, Stanley Black & Decker, Bosch, Makita, HiKOKI, Hilti, Snap-on Incorporated, Dongcheng, Festool, CHERVON, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Cordless Power Tools market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (K Units) and average price (US$/Unit) by manufacturer, by Type, and by End Users. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.
Global Cordless Power Tools Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Cordless Power Tools Market, Segmentation by Type:
Drill
Screwdrivers
Angle Grinder
Hammers
Wrenches
Saw
Others
Global Cordless Power Tools Market, Segmentation by End Users:
Professional
Consumer
Companies Profiled:
TTI
Stanley Black & Decker
Bosch
Makita
HiKOKI
Hilti
Snap-on Incorporated
Dongcheng
Festool
CHERVON
C. & E. Fein
Emerson
Jiangsu Jinding
Positec Group
KEN
Zhejiang Boda Industrial
Chicago Pneumatic
Key Questions Answered:
1. How big is the global Cordless Power Tools market?
2. What is the demand of the global Cordless Power Tools market?
3. What is the year over year growth of the global Cordless Power Tools market?
4. What is the production and production value of the global Cordless Power Tools market?
5. Who are the key producers in the global Cordless Power Tools market?
6. What are the growth factors driving the market demand?
Table of Contents
147 Pages
- 1 Supply Summary
- 2 Demand Summary
- 3 World Manufacturers Competitive Analysis
- 4 United States VS China VS Rest of the World
- 5 Market Analysis by Type
- 6 Market Analysis by End Users
- 7 Company Profiles
- 8 Industry Chain Analysis
- 9 Research Findings and Conclusion
- 10 Appendix
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