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Smart Power Tools Market Size, Share & Trends Analysis Report By Product Type (Drilling & Fastening Tools, Cutting & Sawing Tools), By End-use (Industrial, Residential), By Region, And Segment Forecasts, 2025 - 2033

Publisher Grand View Research
Published Oct 23, 2025
Length 101 Pages
SKU # GV20575342

Description

Smart Power Tools Market Summary

The global smart power tools market size was estimated at USD 3.48 billion in 2024 and is projected to reach USD 7.94 billion by 2033, growing at a CAGR of 9.6% from 2025 to 2033, driven by rapid advancements in technology, including the integration of smart sensors, Internet of Things (IoT) connectivity, and brushless motor technology.

These innovations enhance tool efficiency, extend battery life, and enable real-time data analytics such as usage monitoring and predictive maintenance. This technological evolution caters to the need for precision, reliability, and reduced downtime in construction, manufacturing, and other industrial applications, thus elevating demand for smart power tools worldwide. Infrastructure development and a booming construction sector significantly propel the smart power tools market. Massive government initiatives such as the U.S. Infrastructure Investment and Jobs Act, India’s National Infrastructure Pipeline, and China’s Belt and Road Initiative are fueling demand for advanced power tools that deliver better performance and productivity on construction sites. The rise of modern construction techniques such as modular building and smart infrastructure further necessitates power tools equipped with intelligent features, positioning the construction industry as a vital market driver.

The growing popularity of Do-It-Yourself (DIY) culture and home improvement activities also contributes to the market’s expansion. Post-pandemic lifestyle changes have encouraged more homeowners to engage in DIY projects, which increases the adoption of cordless and smart power tools for household use. Enhanced e-commerce platforms are making these advanced tools more accessible to end-users globally. Manufacturers are responding by incorporating features such as battery health monitoring and automated inventory management in smart power tools, catering both to DIY consumers and professionals.

Global Smart 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 smart power tools market report based on product type, end use, and region:
  • Product Type Outlook (Revenue, USD Million, 2021 - 2033)
  • Drilling & Fastening Tools
  • Cutting & Sawing Tools
  • Material Removal Tools (Grinders, Sanders, Polishers)
  • Demolition 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
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Asia Pacific
  • China
  • Japan
  • India
  • Central & South America
  • Middle East & Africa
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

101 Pages
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook, 2024 (USD Million)
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Smart Power Tools Market Variables, Trends & Scope
3.1. Market Lineage/Ancillary Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Sales Channel Analysis
3.3. Regulatory Framework
3.3.1. Analyst Perspective
3.3.2. Regulations & Standards
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Opportunities
3.4.4. Industry Challenges
3.5. Business Environmental Tools Analysis: Global Smart Power Tools Market
3.5.1. Porter’s Five Forces Analysis
3.5.1.1. Bargaining Power of Suppliers
3.5.1.2. Bargaining Power of Buyers
3.5.1.3. Threat of Substitution
3.5.1.4. Threat of New Entrants
3.5.1.5. Competitive Rivalry
3.5.2. PESTLE Analysis
3.5.2.1. Political Landscape
3.5.2.2. Economic Landscape
3.5.2.3. Social Landscape
3.5.2.4. Technology Landscape
3.5.2.5. Environmental Landscape
3.5.2.6. Legal Landscape
3.6. Market Disruption Analysis
Chapter 4. Global Smart Power Tools Market: Product Type Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Product Type Movement Analysis & Market Share, 2024 & 2033
4.3. Global Smart Power Tools Market By Product Type, 2021 - 2033 (USD Million)
4.4. Drilling & Fastening Tools
4.4.1. Smart Power Tools Market Estimates And Forecasts, by Drilling & Fastening Tools 2021 - 2033 (USD Million)
4.5. Cutting & Sawing Tools
4.5.1. Smart Power Tools Market Estimates And Forecasts, by Cutting & Sawing Tools, 2021 - 2033 (USD Million)
4.6. Material Removal Tools (Grinders, Sanders, Polishers)
4.6.1. Smart Power Tools Market Estimates And Forecasts, by Material Removal Tools (Grinders, Sanders, Polishers), 2021 - 2033 (USD Million)
4.7. Demolition Tools
4.7.1. Smart Power Tools Market Estimates And Forecasts, by Demolition Tools, 2021 - 2033 (USD Million)
4.8. Others
4.8.1. Smart Power Tools Market Estimates And Forecasts, by Others, 2021 - 2033 (USD Million)
Chapter 5. Global Smart Power Tools Market: End Use Estimates & Trend Analysis
5.1. Key Takeaways
5.2. End Use Movement Analysis & Market Share, 2024 & 2033
5.3. Global Smart Power Tools Market By End Use, 2021 - 2033 (USD Million)
5.4. Industrial
5.4.1. Smart Power Tools Market Estimates And Forecasts, for Industrial, 2021 - 2033 (USD Million)
5.5. Residential
5.5.1. Smart Power Tools Market Estimates And Forecasts, for Residential, 2021 - 2033 (USD Million)
Chapter 6. Global Smart Power Tools Market: Regional Estimates & Trend Analysis
6.1. Key Takeaways
6.2. Regional Market Share Analysis, 2024 & 2033
6.3. North America
6.3.1. North America Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.3.2. North America Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.3.3. North America Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.3.4. U.S.
6.3.4.1. U.S. Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.3.4.2. U.S. Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.3.4.3. U.S. Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.3.5. Canada
6.3.5.1. Canada Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.3.5.2. Canada Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.3.5.3. Canada Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.3.6. Mexico
6.3.6.1. Mexico Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.3.6.2. Mexico Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.3.6.3. Mexico Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4. Europe
6.4.1. Europe Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.2. Europe Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.3. Europe Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.4. Germany
6.4.4.1. Germany Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.4.2. Germany Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.4.3. Germany Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.5. UK
6.4.5.1. UK Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.5.2. UK Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.5.3. UK Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.6. France
6.4.6.1. France Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.6.2. France Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.6.3. France Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.7. Italy
6.4.7.1. Italy Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.7.2. Italy Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.7.3. Italy Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.8. Spain
6.4.8.1. Spain Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.8.2. Spain Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.8.3. Spain Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.5. Asia Pacific
6.5.1. Asia Pacific Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.5.2. Asia Pacific Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.5.3. Asia Pacific Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.5.4. China
6.5.4.1. China Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.5.4.2. China Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.5.4.3. China Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.5.5. India
6.5.5.1. India Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.5.5.2. India Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.5.5.3. India Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.5.6. Japan
6.5.6.1. Japan Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.5.6.2. Japan Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.5.6.3. Japan Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.6. Central & South America
6.6.1. Central & South America Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.6.2. Central & South America Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.6.3. Central & South America Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.7. Middle East & Africa
6.7.1. Middle East & Africa Smart Power Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.7.2. Middle East & Africa Smart Power Tools Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.7.3. Middle East & Africa Smart Power Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
Chapter 7. Supplier Intelligence
7.1.1. Kraljic Matrix
7.1.2. Engagement Model
7.1.3. Negotiation Strategies
7.1.4. Sourcing Best Practices
7.1.5. Vendor Selection Criteria
Chapter 8. Competitive Landscape
8.1. Key Players, their Recent Developments, and their Impact on Industry
8.2. Competition Categorization
8.3. Company Market Position Analysis
8.4. Company Heat Map Analysis
8.5. Strategy Mapping, 2024
8.6. Company Listing
8.6.1. Stanley Black & Decker, Inc.
8.6.1.1. Company Overview
8.6.1.2. Financial Performance
8.6.1.3. Product Benchmarking
8.6.1.4. Strategic Initiatives
8.6.2. Robert Bosch GmbH
8.6.2.1. Company Overview
8.6.2.2. Financial Performance
8.6.2.3. Product Benchmarking
8.6.2.4. Strategic Initiatives
8.6.3. Makita Corporation
8.6.3.1. Company Overview
8.6.3.2. Financial Performance
8.6.3.3. Product Benchmarking
8.6.3.4. Strategic Initiatives
8.6.4. Techtronic Industries Co. Ltd.
8.6.4.1. Company Overview
8.6.4.2. Financial Performance
8.6.4.3. Product Benchmarking
8.6.4.4. Strategic Initiatives
8.6.5. Hilti Corporation
8.6.5.1. Company Overview
8.6.5.2. Financial Performance
8.6.5.3. Product Benchmarking
8.6.5.4. Strategic Initiatives
8.6.6. Snap-on Incorporated
8.6.6.1. Company Overview
8.6.6.2. Financial Performance
8.6.6.3. Product Benchmarking
8.6.6.4. Strategic Initiatives
8.6.7. Festool GmbH
8.6.7.1. Company Overview
8.6.7.2. Financial Performance
8.6.7.3. Product Benchmarking
8.6.7.4. Strategic Initiatives
8.6.8. Panasonic Corporation
8.6.8.1. Company Overview
8.6.8.2. Financial Performance
8.6.8.3. Product Benchmarking
8.6.8.4. Strategic Initiatives
8.6.9. Hitachi Koki Co., Ltd.
8.6.9.1. Company Overview
8.6.9.2. Financial Performance
8.6.9.3. Product Benchmarking
8.6.9.4. Strategic Initiatives

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