Global Cordless Power Tools Market 2020-2024 2020-2024

Global Cordless Power Tools Market 2020-2024

Technavio has been monitoring the cordless power tools market and it is poised to grow by $ 6.17 billion during 2020-2024 progressing at a CAGR of 6% during the forecast period. Our reports on cordless power tools market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the advances in battery technology, growth in production of light vehicles, and DIY concept gaining momentum in developed countries. In addition, advances in battery technology is anticipated to boost the growth of the market as well.

The cordless power tools market analysis includes end-user segment and geographic landscapes

Technavio's cordless power tools market is segmented as below:

By End-user

  • Professional
  • Consumer
By Geographic Landscapes
  • North America
  • Europe
  • APAC
  • South America
  • MEA
This study identifies the rise in EV sales as one of the prime reasons driving the cordless power tools market growth during the next few years. Also, integration of 3d printing technology, and growing investments in railway and aerospace sectors will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our cordless power tools market covers the following areas:
  • Cordless power tools market sizing
  • Cordless power tools market forecast
  • Cordless power tools market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cordless power tools market vendors that include Atlas Copco AB, Robert Bosch GmbH, Hilti Corp., Hitachi Ltd., Makita Corp., MTD Products Inc., Panasonic Corp., Snap-on Inc., Stanley Black & Decker Inc., and Techtronic Industries Co. Ltd.. Also, the cordless power tools market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Parent market
        • Table Parent market
    • Market characteristics
      • Table Market characteristics
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019-2024 ($ billions)
      • Table Global market: Year-over-year growth 2019 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 and 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by End-user
    • Market segments
      • Table End-user - Market share 2019-2024 (%)
    • Comparison by End-user
      • Table Comparison by End-user
    • Professional - Market size and forecast 2019- 2024
      • Table Professional - Market size and forecast 2019-2024 ($ billions)
      • Table Professional - Year-over-year growth 2019-2024 (%)
    • Consumer - Market size and forecast 2019-2024
      • Table Consumer - Market size and forecast 2019-2024 ($ billions)
      • Table Consumer - Year-over-year growth 2019-2024 (%)
    • Market opportunity by End-user
      • Table Market opportunity by End-user
  • Customer landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ billions)
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ billions)
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ billions)
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ billions)
      • Table South America - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ billions)
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ billions)
  • Drivers, Challenges, and Trends
    • Volume driver - Demand led growth
      • Advances in battery technology
      • Growth in production of light vehicles
    • Volume driver - External factors
      • DIY concept gaining momentum in developed countries
    • Market challenges
      • Decline in construction and automobile industries in China
      • Uncertainties in global economic growth
      • Safety concerns related to Li-ion batteries
        • Table Impact of drivers and challenges
    • Market trends
      • Rise in EV sales
      • Integration of 3D printing technology
      • Growing investments in railway and aerospace sectors
  • Vendor Landscape
    • Overview
    • Vendor landscape
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Atlas Copco AB
      • Table Atlas Copco AB - Overview
      • Table Atlas Copco AB - Business segments
      • Table Atlas Copco AB - Key news
      • Table Atlas Copco AB - Key offerings
      • Table Atlas Copco AB - Segment focus
    • Robert Bosch GmbH
      • Table Robert Bosch GmbH - Overview
      • Table Robert Bosch GmbH - Business segments
      • Table Robert Bosch GmbH. - Key news
      • Table Robert Bosch GmbH - Key offerings
      • Table Robert Bosch GmbH - Segment focus
    • Hilti Corp.
      • Table Hilti Corp. - Overview
      • Table Hilti Corp. - Business segments
      • Table Hilti Corp. - Key news
      • Table Hilti Corp. - Key offerings
      • Table Hilti Corp. - Segment focus
    • Hitachi Ltd.
      • Table Hitachi Ltd. - Overview
      • Table Hitachi Ltd. - Business segments
      • Table Hitachi Ltd. - Key news
      • Table Hitachi Ltd. - Key offerings
      • Table Hitachi Ltd. - Segment focus
    • Makita Corp.
      • Table Makita Corp. - Overview
      • Table Makita Corp. - Business segments
      • Table Makita Corp. - Key news
      • Table Makita Corp. - Key offerings
      • Table Makita Corp. - Segment focus
    • MTD Products Inc.
      • Table MTD Products Inc. - Overview
      • Table MTD Products Inc. - Product and service
      • Table MTD Products Inc. - Key offerings
    • Panasonic Corp.
      • Table Panasonic Corp. - Overview
      • Table Panasonic Corp. - Business segments
      • Table Panasonic Corp. - Key news
      • Table Panasonic Corp. - Key offerings
      • Table Panasonic Corp. - Segment focus
    • Snap-on Inc.
      • Table Snap-on Inc. - Overview
      • Table Snap-on Inc. - Business segments
      • Table Snap-on Inc. - Key offerings
      • Table Snap-on Inc. - Segment focus
    • Stanley Black & Decker Inc.
      • Table Stanley Black & Decker Inc. - Overview
      • Table Stanley Black & Decker Inc. - Business segments
      • Table Stanley Black & Decker Inc. - Key offerings
      • Table Stanley Black & Decker Inc. - Segment focus
    • Techtronic Industries Co. Ltd.
      • Table Techtronic Industries Co. Ltd. - Overview
      • Table Techtronic Industries Co. Ltd. - Business segments
      • Table Techtronic Industries Co. Ltd. - Key offerings
      • Table Techtronic Industries Co. Ltd. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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