Report overview
An Industrial Power Tools is a tool that is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools. The most common types of Industrial Power Tools use electric motors. Internal combustion engines and compressed air are also commonly used. Other power sources include steam engines, direct burning of fuels and propellants, or even natural power sources like wind or moving water. Tools directly driven by animal power are not generally considered Industrial Power Tools. Industrial Power Tools are used in industry, in construction, in the garden, for housework tasks such as cooking, cleaning, and around the house for purposes of driving (fasteners), drilling, cutting, shaping, sanding, grinding, routing, polishing, painting, heating and more. Industrial Power Tools are classified as either stationary or portable, where portable means hand-held. Portable Industrial Power Tools have obvious advantages in mobility. Stationary Industrial Power Tools however often have advantages in speed and accuracy, and some stationary Industrial Power Tools can produce objects that cannot be made in any other way. Stationary Industrial Power Tools for metalworking are usually called machine tools. The term machine tool is not usually applied to stationary Industrial Power Tools for woodworking, although such usage is occasionally heard, and in some cases, such as drill presses and bench grinders, exactly the same tool is used for both woodworking and metalworking.
This report aims to provide a comprehensive presentation of the global market for Industrial Power Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Industrial Power Tools. This report contains market size and forecasts of Industrial Power Tools in global, including the following market information:
Global Industrial Power Tools Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Industrial Power Tools Market Sales, 2018-2023, 2024-2029, (M Units)
Global top five Industrial Power Tools companies in 2022 (%)
The global Industrial Power Tools market was valued at US$ 28120 million in 2022 and is projected to reach US$ 39760 million by 2029, at a CAGR of 5.1% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Industrial Power Tools key players include TTI, Stanley Black?Decker (DeWalt), Bosch, Makita, HiKOKI, etc. Global top five manufacturers hold a share nearly 60%.
Europe is the largest market, with a share about 25%, followed by China, and Japan, both have a share about 40 percent.
In terms of product, Lithium-Ion Battery is the largest segment, with a share over 75%. And in terms of Field, the largest Field is Construction, followed by Industrial, etc.
We surveyed the Industrial Power Tools manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Power Tools Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Industrial Power Tools Market Segment Percentages, by Type, 2022 (%)
Lithium-Ion Battery
Ni-Cad Battery
NiMH Battery
Others
Global Industrial Power Tools Market, by Field, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Industrial Power Tools Market Segment Percentages, by Field, 2022 (%)
Construction
Industrial
Others
Global Industrial Power Tools Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (M Units)
Global Industrial Power Tools Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Power Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Industrial Power Tools revenues share in global market, 2022 (%)
Key companies Industrial Power Tools sales in global market, 2018-2023 (Estimated), (M Units)
Key companies Industrial Power Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Stanley Black?Decker (DeWalt)
Bosch
TTI
Makita
HiKOKI
Hilti
Einhell
Snap-on
DEVON (Chevron Group)
Festool
Apex Tool Group
Dongcheng
C. & E. Fein
Zhejiang Crown
Positec Group
Jiangsu Jinding
KEN
Outline of Major Chapters:
Chapter 1: Introduces the definition of Industrial Power Tools, market overview.
Chapter 2: Global Industrial Power Tools market size in revenue and volume.
Chapter 3: Detailed analysis of Industrial Power Tools manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by field, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Industrial Power Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Industrial Power Tools capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
