Cordless Power Tools Market Size, Share & Trends Analysis Report By Product Type (Drilling & Fastening Tools, Sawing & Cutting Tools, Grinding & Surface Prep Tools), By End Use (Industrial, Residential), By Region, And Segment Forecasts, 2025 - 2033
Description
Cordless Power Tools Market Summary
The global cordless power tools market size was estimated at USD 13.44 billion in 2024 and is projected to reach USD 31.82 billion by 2033, growing at a CAGR of 10.4% from 2025 to 2033. The demand for cordless power tools is rapidly increasing due to the growing emphasis on operational flexibility, portability, and ease of use across construction, automotive, and manufacturing sectors.
The shift from corded to battery-operated tools is accelerated by advancements in lithium-ion batteries, which provide longer runtimes and faster charging. Additionally, the surge in home improvement and DIY projects, particularly in developed economies, is fueling consumer-level adoption. The professional trades segment is also witnessing higher demand as cordless tools reduce downtime and enhance mobility on-site. The increasing need for efficient maintenance and repair activities across industries further strengthens market growth globally.
Technological advancements in battery chemistry, such as lithium-ion and solid-state batteries, are key growth drivers for the cordless power tools industry. Manufacturers are focusing on improving energy density, durability, and power output to match the performance of corded tools. The rise of smart, connected power tools with IoT integration and digital monitoring features is enhancing productivity and precision. Rapid industrialization and urbanization in emerging economies are increasing construction and infrastructure activities, boosting tool consumption. Additionally, labor shortages in the construction sector are driving automation and the adoption of high-efficiency tools that minimize physical strain and time.
The market is witnessing continuous innovations, particularly in battery management systems, brushless motor technology, and tool connectivity. Major players are launching smart cordless tools integrated with Bluetooth and app-based performance monitoring. Modular battery systems compatible across multiple tools are emerging as a key trend, improving cost-effectiveness for professionals. Lightweight and ergonomic designs are gaining popularity to reduce user fatigue. Sustainable manufacturing practices and recyclable battery technologies are being prioritized by top brands. Furthermore, the integration of AI and sensors for predictive maintenance is redefining tool reliability and user safety.
Global Cordless Power Tools Market Report Segmentation
This report forecasts revenue growth at the global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the cordless power tools market report based on product type, end use, and region:
The global cordless power tools market size was estimated at USD 13.44 billion in 2024 and is projected to reach USD 31.82 billion by 2033, growing at a CAGR of 10.4% from 2025 to 2033. The demand for cordless power tools is rapidly increasing due to the growing emphasis on operational flexibility, portability, and ease of use across construction, automotive, and manufacturing sectors.
The shift from corded to battery-operated tools is accelerated by advancements in lithium-ion batteries, which provide longer runtimes and faster charging. Additionally, the surge in home improvement and DIY projects, particularly in developed economies, is fueling consumer-level adoption. The professional trades segment is also witnessing higher demand as cordless tools reduce downtime and enhance mobility on-site. The increasing need for efficient maintenance and repair activities across industries further strengthens market growth globally.
Technological advancements in battery chemistry, such as lithium-ion and solid-state batteries, are key growth drivers for the cordless power tools industry. Manufacturers are focusing on improving energy density, durability, and power output to match the performance of corded tools. The rise of smart, connected power tools with IoT integration and digital monitoring features is enhancing productivity and precision. Rapid industrialization and urbanization in emerging economies are increasing construction and infrastructure activities, boosting tool consumption. Additionally, labor shortages in the construction sector are driving automation and the adoption of high-efficiency tools that minimize physical strain and time.
The market is witnessing continuous innovations, particularly in battery management systems, brushless motor technology, and tool connectivity. Major players are launching smart cordless tools integrated with Bluetooth and app-based performance monitoring. Modular battery systems compatible across multiple tools are emerging as a key trend, improving cost-effectiveness for professionals. Lightweight and ergonomic designs are gaining popularity to reduce user fatigue. Sustainable manufacturing practices and recyclable battery technologies are being prioritized by top brands. Furthermore, the integration of AI and sensors for predictive maintenance is redefining tool reliability and user safety.
Global Cordless Power Tools Market Report Segmentation
This report forecasts revenue growth at the global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the cordless power tools market report based on product type, end use, and region:
- Product Type Outlook (Revenue, USD Million, 2021-2033)
- Drilling & Fastening Tools
- Sawing & Cutting Tools
- Grinding & Surface Prep Tools
- Others
- End Use Outlook (Revenue, USD Million, 2021-2033)
- Industrial
- Residential
- Regional Outlook (Revenue, USD Million, 2021-2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- UK
- Germany
- France
- Spain
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- Qatar
- Kuwait
Table of Contents
107 Pages
- Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources
- 1.3.4. Third-Party Perspectives
- 1.3.5. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation and Publishing
- Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
- Chapter 3. Cordless Power Tools Market Variables, Trends & Scope
- 3.1. Value Chain Analysis
- 3.2. Regulatory Framework
- 3.3. Technology Overview
- 3.4. Market Dynamics
- 3.4.1. Market driver analysis
- 3.4.1.1. Growing construction activities in developing countries
- 3.4.1.2. Increasing adoption of prefabricated construction materials
- 3.4.2. Market restraint analysis
- 3.4.2.1. Need for regular deck maintenance
- 3.4.3. Industry opportunity
- 3.4.4. Market Challenges
- 3.5. Major Deals & Strategic Alliances Analysis
- 3.6. Business Environment Analysis
- 3.6.1. Porter's Analysis
- 3.6.1.1. Supplier Power
- 3.6.1.2. Buyer Power
- 3.6.1.3. Substitution Threat
- 3.6.1.4. Threat from New Entrant
- 3.6.1.5. Competitive Rivalry
- 3.6.2. PESTEL Analysis, by SWOT
- 3.6.2.1. Political Landscape
- 3.6.2.2. Environmental Landscape
- 3.6.2.3. Social Landscape
- 3.6.2.4. Technology Landscape
- 3.6.2.5. Economic Landscape
- 3.6.2.6. Legal Landscape
- Chapter 4. Cordless Power Tools Market: Product Type Estimates & Trend Analysis
- 4.1. Product Type Takeaways
- 4.2. Product Type Market Share Analysis, 2025 - 2033
- 4.3. Cordless Power Tools Market Estimates & Forecast, By Product Type 2021 - 2033 (USD Million)
- 4.4. Drilling & Fastening Tools
- 4.4.1. Cordless Power Tools Market Estimates & Forecast, By Drilling & Fastening Tools, 2021 - 2033 (USD Million)
- 4.5. Sawing & Cutting Tools
- 4.5.1. Cordless Power Tools Market Estimates & Forecast, By Sawing & Cutting Tools, 2021 - 2033 (USD Million)
- 4.6. Grinding & Surface Prep Tools
- 4.6.1. Cordless Power Tools Market Estimates & Forecast, By Grinding & Surface Prep Tools, 2021 - 2033 (USD Million)
- 4.7. Others
- 4.7.1. Cordless Power Tools Market Estimates & Forecast, By Others, 2021 - 2033 (USD Million)
- Chapter 5. Cordless Power Tools Market: End Use Estimates & Trend Analysis
- 5.1. End Use Takeaways
- 5.2. End Use Market Share Analysis, 2025 - 2033
- 5.3. Cordless Power Tools Market Estimates & Forecast, By End Use 2021 - 2033 (USD Million)
- 5.4. Industrial
- 5.4.1. Cordless Power Tools Market Estimates & Forecast, For Industrial, 2021 - 2033 (USD Million)
- 5.5. Residential
- 5.5.1. Cordless Power Tools Market Estimates & Forecast, For Residential, 2021 - 2033 (USD Million)
- Chapter 6. Cordless Power Tools Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2025 - 2033
- 6.3. North America
- 6.3.1. North America Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.2. North America Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.3.3. North America Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. U.S. Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.4.2. U.S. Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.3.4.3. U.S. Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Canada Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.5.2. Canada Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.3.5.3. Canada Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Mexico Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.6.2. Mexico Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.3.6.3. Mexico Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4. Europe
- 6.4.1. Europe Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.2. Europe Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.4.3. Europe Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.4. UK
- 6.4.4.1. UK Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.4.2. UK Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.4.4.3. UK Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.5. Germany
- 6.4.5.1. Germany Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.5.2. Germany Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.4.5.3. Germany Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.6. France
- 6.4.6.1. France Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.6.2. France Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.4.6.3. France Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.7. Spain
- 6.4.7.1. Spain Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.7.2. Spain Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.4.7.3. Spain Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5.2. Asia Pacific Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.5.3. Asia Pacific Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.4. China
- 6.5.4.1. China Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5.4.2. China Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.5.4.3. China Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.5. Japan
- 6.5.5.1. Japan Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5.5.2. Japan Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.5.5.3. Japan Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.6. India
- 6.5.6.1. India Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5.6.2. India Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.5.6.3. India Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.7. South Korea
- 6.5.7.1. South Korea Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5.7.2. South Korea Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.5.7.3. South Korea Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.6. Central & South America
- 6.6.1. Central & South America Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.6.2. Central & South America Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.6.3. Central & South America Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.7.2. Middle East & Africa Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.7.3. Middle East & Africa Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.7.4. Saudi Arabia
- 6.7.4.1. Saudi Arabia Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.7.4.2. Saudi Arabia Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.7.4.3. Saudi Arabia Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.7.5. UAE
- 6.7.5.1. UAE Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.7.5.2. UAE Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.7.5.3. UAE Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.7.6. Egypt
- 6.7.6.1. Egypt Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.7.6.2. Egypt Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.7.6.3. Egypt Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.7.7. Kuwait
- 6.7.7.1. Kuwait Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.7.7.2. Kuwait Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.7.7.3. Kuwait Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.7.8. Qatar
- 6.7.8.1. Qatar Cordless Power Tools Market Estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.7.8.2. Qatar Cordless Power Tools Market Estimates & Forecasts, By Product Type, 2021 - 2033 (USD Million)
- 6.7.8.3. Qatar Cordless Power Tools Market Estimates & Forecasts, By End Use, 2021 - 2033 (USD Million)
- Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Competition Categorization
- 7.3. Company Market Positioning
- 7.4. Company Heat Map Analysis, 2024
- 7.5. Strategy Mapping, 2024
- 7.6. Company Listing
- 7.6.1. Ideal Power Tools
- 7.6.1.1. Company Overview
- 7.6.1.2. Financial Performance
- 7.6.1.3. Product Benchmarking
- 7.6.1.4. Strategic Initiatives
- 7.6.2. Festool
- 7.6.2.1. Company Overview
- 7.6.2.2. Financial Performance
- 7.6.2.3. Product Benchmarking
- 7.6.2.4. Strategic Initiatives
- 7.6.3. Ryobi
- 7.6.3.1. Company Overview
- 7.6.3.2. Financial Performance
- 7.6.3.3. Product Benchmarking
- 7.6.3.4. Strategic Initiatives
- 7.6.4. Stanley Black & Decker
- 7.6.4.1. Company Overview
- 7.6.4.2. Financial Performance
- 7.6.4.3. Product Benchmarking
- 7.6.4.4. Strategic Initiatives
- 7.6.5. Bosch
- 7.6.5.1. Company Overview
- 7.6.5.2. Financial Performance
- 7.6.5.3. Product Benchmarking
- 7.6.5.4. Strategic Initiatives
- 7.6.6. Makita
- 7.6.6.1. Company Overview
- 7.6.6.2. Financial Performance
- 7.6.6.3. Product Benchmarking
- 7.6.6.4. Strategic Initiatives
- 7.6.7. Hilti
- 7.6.7.1. Company Overview
- 7.6.7.2. Financial Performance
- 7.6.7.3. Product Benchmarking
- 7.6.7.4. Strategic Initiatives
- 7.6.8. DeWalt
- 7.6.8.1. Company Overview
- 7.6.8.2. Financial Performance
- 7.6.8.3. Product Benchmarking
- 7.6.8.4. Strategic Initiatives
- 7.6.9. Milwaukee
- 7.6.9.1. Company Overview
- 7.6.9.2. Financial Performance
- 7.6.9.3. Product Benchmarking
- 7.6.9.4. Strategic Initiatives
- 7.6.10. Craftsman
- 7.6.10.1. Company Overview
- 7.6.10.2. Financial Performance
- 7.6.10.3. Product Benchmarking
- 7.6.10.4. Strategic Initiatives
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