Report overview
A power tool is a tool that is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools. Cordless Power Tools are just that, power tools that do not have a cord because they are powered by a battery or battery pack. Cordless power tools offer the utmost in convenience and flexibility.
This report aims to provide a comprehensive presentation of the global market for Cordless 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 Cordless Power Tools. This report contains market size and forecasts of Cordless Power Tools in global, including the following market information:
Global Cordless Power Tools Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Cordless Power Tools Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Cordless Power Tools companies in 2022 (%)
The global Cordless Power Tools market was valued at US$ 31590 million in 2022 and is projected to reach US$ 46110 million by 2029, at a CAGR of 5.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
At present, the major players of Cordless Power Tools in the world include TTI, Stanley Black & Decker, Robert Bosch, Makita, HiKOKI, Stihl, Husqvarna, Snap-on Incorporated, Greenworks, Hilti, Dongcheng, Festool, Positec Group, etc. Among which TTI is the world?s largest Cordless Power Tools manufacturer, its market share is about 16%.
North America holds a big market share of the Cordless Power Tools market and accounted for over 30% of the global revenue share. The region is characterized by the presence of a large number of service providers, especially in the USA. Asia Pacific, Latin America also play important roles in this market.
There has been a shift from corded to cordless power tools. While corded tools still possess considerable sales, the shift to cordless is substantial. Cordless power tools include batches of battery-powered tools like saws, outdoor gardening power tools, hammer drills, impact drivers, impact wrenches and many others. These tools are ideal for welding, sanding, cutting, metalworking and other applications.
We surveyed the Cordless 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 Cordless Power Tools Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Cordless Power Tools Market Segment Percentages, by Type, 2022 (%)
Drill
Saw
Hammers
Wrenches
Screwdrivers
Outdoor Power Equipment
Others
Global Cordless Power Tools Market, by End Users, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Cordless Power Tools Market Segment Percentages, by End Users, 2022 (%)
Professional
Consumer
Global Cordless Power Tools Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Cordless 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 Cordless Power Tools revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Cordless Power Tools revenues share in global market, 2022 (%)
Key companies Cordless Power Tools sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Cordless Power Tools sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
TTI
Stanley Black & Decker
Bosch
Makita
HiKOKI
Stihl
Husqvarna
Snap-on Incorporated
Greenworks
Hilti
Dongcheng
Festool
Positec Group
CHERVON
Yamabiko
C. & E. Fein
Apex Tool Group
Einhell
Emerson
Jiangsu Jinding
Chicago Pneumatic
Emak
Blount
KEN
Fortive
ITW
Outline of Major Chapters:
Chapter 1: Introduces the definition of Cordless Power Tools, market overview.
Chapter 2: Global Cordless Power Tools market size in revenue and volume.
Chapter 3: Detailed analysis of Cordless 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 end users, 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 Cordless 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 Cordless 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.
