Power Tools Market Size, Share & Trends Analysis Report By Product (Drills, Saws, Wrenches, Grinders, Sanders, Others), By Mode of Operation (Electric, Pneumatic, Others), By Application (Industrial, Residential), By Region, And Segment Forecasts, 2026 -

Power Tools Market Summary

The global power tools market size was estimated at USD 34.71 billion in 2025 and is expected to reach USD 72.27 billion by 2033, growing at a CAGR of 9.9% from 2026 to 2033. As governments across the globe are undertaking infrastructure development projects, the demand for power tools used in construction activities is anticipated to grow in the coming years.

Such initiatives are expected to lead to aggressive investments in non-residential construction projects and subsequently drive the demand for power tools over the forecast period. The U.S. power tools market dominated the market and accounted for a market share of 86.6% in 2025. The demand for power tools in the U.S. has been increasing steadily over the past few years, driven by factors such as the growth in the construction industry, the popularity of DIY projects, and the increasing adoption of power tools in industrial and manufacturing settings. Overall, it seems that the demand for power tools in the US is expected to continue growing in the coming years, driven by a range of factors across various industries and consumer segments.

The popularity of cordless power tools is growing noticeably amongst consumers. Battery-operated, cordless power tools, such as crimpers, hammer drills, impact drivers, impact wrenches, and circular saws, are used in construction, repair, and maintenance applications, as well as in sanding, metalworking, and welding, among other tasks, and are being widely adopted across several end-use industries. Power tools powered by lithium-ion batteries are significantly gaining traction and are expected to replace power tools operating on conventional batteries, such as nickel-cadmium (Ni-Cd) batteries and nickel-metal hydride (Ni-MH) batteries.

Technological advancements are influencing the growth of the market. Companies are introducing technologically advanced products to enhance the efficiency of their products. For instance, the Flexvolt battery offered by Dewalt automatically switches battery voltage depending on the tool you attached to it. An automatic switch of voltage helps in manually adjusting the power before using different corded power tools.

In addition to technological innovations, the increasing adoption of cordless tools that provide easy mobility and no external power source is driving market growth. The growing demand from household applications and the revival of industries in the near future is expected to upkeep the market growth over the forecast period.

Global Power Tools Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global power tools market report based on product, mode of operation, application, and region.

• Product Outlook (Revenue, USD Million, 2021 - 2033)
• Drills
• Saws
• Wrenches
• Grinders
• Sanders
• Others
• Mode of Operations Outlook (Revenue, USD Million, 2021 - 2033)
• Electric
• Pneumatic
• Others
• Applications Outlook (Revenue, USD Million, 2021 - 2033)
• Industrial
• Residential
• Regional Outlook (Revenue, USD Million, 2021 - 2033)
• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• India
• Japan
• Latin America
• Brazil
• Mexico
• Middle East & Africa

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