The global Cordless Power Tools market size is predicted to grow from US$ 14600 million in 2025 to US$ 21350 million in 2031; it is expected to grow at a CAGR of 6.5% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Power tools play an increasingly important role in the daily activities of mankind, and along with the evolution of user habits and consumer preferences to miniaturization, portable development, cordless lithium tools have become the fastest popularization of power tools in recent years in the product type. Cordless power tools from AC power to battery-powered DC power, and lithium batteries compared to traditional nickel-cadmium batteries, nickel-metal hydride batteries with high energy density, long cycle life, clean and pollution-free advantages, has become the mainstream power cordless DC power tools program. Cordless lithium battery power tools can get rid of the cable on the use of environmental restrictions, reduce the occurrence of electric shock accidents, and better play flexibility.
The market for cordless power tools has witnessed significant growth over the past decade, driven by technological advancements, increasing urbanization, and the expanding construction industry. Here are some trends and insights into the cordless power tool market as of QYResearch last update:
Market Trends
Battery Technology Advancements: One of the key trends in the cordless power tools market is the advancement in battery technology. Lithium-ion batteries have become the industry standard due to their higher energy density, longer lifespans, and reduced self-discharge rates. The development of these batteries has enabled the production of more powerful and lightweight tools.
Higher Power Output: Advances in motor technology have led to the production of cordless tools that can match or even exceed the power of their corded counterparts. Brushless motors are now common, offering increased efficiency, longer runtime, and extended tool life.
Smart Tools: The integration of smart technology into power tools is a growing trend. Tools are now being equipped with Bluetooth connectivity, which allows for features like tool control, data tracking, and remote diagnostics.
Modular Systems: Many manufacturers are developing systems where the battery and charger are compatible across a wide range of tools. This allows users to purchase one battery and charger, and then use them with multiple tools, which is both cost-effective and convenient.
Professional Grade for DIY Enthusiasts: Professional-grade cordless tools are becoming more accessible to DIY enthusiasts. The performance gap between professional and consumer-level tools is narrowing, encouraging more hobbyists to invest in higher-quality tools.
Sustainability and Eco-Friendliness: As concerns over the environment grow, there's an increasing trend towards sustainability in power tools. This includes the development of tools with more efficient energy use and the use of recycled materials in their construction.
E-Commerce Sales: Online sales channels are becoming a significant distribution channel for cordless power tools. E-commerce platforms provide consumers with a convenient way to compare products, read reviews, and purchase tools directly.
Market Growth Factors
Construction and Infrastructure Projects: The demand for cordless power tools is closely linked to construction activities. The growth in infrastructure development in emerging economies is a major driver of the market.
Home Improvement and DIY Movement: The DIY movement has encouraged more individuals to take on home improvement projects, increasing the demand for user-friendly cordless power tools.
Professional Trades: Electricians, plumbers, carpenters, and other tradespeople are increasingly adopting cordless tools due to their convenience, flexibility, and performance.
Market Challenges
Cost: The initial cost of cordless power tools, especially those with advanced features, can be higher than their corded equivalents.
Battery Life and Replacement Costs: Although battery technology has improved, the cost and lifespan of batteries are concerns for users.
Competition and Market Saturation: The market is highly competitive, with many players vying for market share. This can make it challenging for new entrants to establish themselves.
Future Outlook
The cordless power tool market is expected to continue growing, driven by innovation and the increasing preference for portability and convenience. The focus on smart technology and the integration of IoT (Internet of Things) is likely to further expand the capabilities and applications of these tools. Sustainability initiatives may also shape the future of the market, with a potential shift towards even more environmentally friendly materials and processes.
The 鈥淐ordless Power Tools Industry Forecast鈥� looks at past sales and reviews total world Cordless Power Tools sales in 2024, providing a comprehensive analysis by region and market sector of projected Cordless Power Tools sales for 2025 through 2031. With Cordless Power Tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cordless Power Tools industry.
This Insight Report provides a comprehensive analysis of the global Cordless Power Tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Cordless Power Tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms鈥� unique position in an accelerating global Cordless Power Tools market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cordless Power Tools and breaks down the forecast by Type, by End Users, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Cordless Power Tools.
This report presents a comprehensive overview, market shares, and growth opportunities of Cordless Power Tools market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Drill
Screwdrivers
Angle Grinder
Hammers
Wrenches
Saw
Others
Segmentation by End Users:
Professional
Consumer
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
TTI
Stanley Black & Decker
Bosch
Makita
HiKOKI
Hilti
Snap-on Incorporated
Dongcheng
Festool
CHERVON
C. & E. Fein
Emerson
Jiangsu Jinding
Positec Group
KEN
Zhejiang Boda Industrial
Chicago Pneumatic
Key Questions Addressed in this Report
What is the 10-year outlook for the global Cordless Power Tools market?
What factors are driving Cordless Power Tools market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Cordless Power Tools market opportunities vary by end market size?
How does Cordless Power Tools break out by Type, by End Users?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Cordless Power Tools Annual Sales 2020-2031
2.1.2 World Current & Future Analysis for Cordless Power Tools by Geographic Region, 2020, 2024 & 2031
2.1.3 World Current & Future Analysis for Cordless Power Tools by Country/Region, 2020, 2024 & 2031
2.2 Cordless Power Tools Segment by Type
2.2.1 Drill
2.2.2 Screwdrivers
2.2.3 Angle Grinder
2.2.4 Hammers
2.2.5 Wrenches
2.2.6 Saw
2.2.7 Others
2.3 Cordless Power Tools Sales by Type
2.3.1 Global Cordless Power Tools Sales Market Share by Type (2020-2025)
2.3.2 Global Cordless Power Tools Revenue and Market Share by Type (2020-2025)
2.3.3 Global Cordless Power Tools Sale Price by Type (2020-2025)
2.4 Cordless Power Tools Segment by End Users
2.4.1 Professional
2.4.2 Consumer
2.5 Cordless Power Tools Sales by End Users
2.5.1 Global Cordless Power Tools Sale Market Share by End Users (2020-2025)
2.5.2 Global Cordless Power Tools Revenue and Market Share by End Users (2020-2025)
2.5.3 Global Cordless Power Tools Sale Price by End Users (2020-2025)
3 Global by Company
3.1 Global Cordless Power Tools Breakdown Data by Company
3.1.1 Global Cordless Power Tools Annual Sales by Company (2020-2025)
3.1.2 Global Cordless Power Tools Sales Market Share by Company (2020-2025)
3.2 Global Cordless Power Tools Annual Revenue by Company (2020-2025)
3.2.1 Global Cordless Power Tools Revenue by Company (2020-2025)
3.2.2 Global Cordless Power Tools Revenue Market Share by Company (2020-2025)
3.3 Global Cordless Power Tools Sale Price by Company
3.4 Key Manufacturers Cordless Power Tools Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Cordless Power Tools Product Location Distribution
3.4.2 Players Cordless Power Tools Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Cordless Power Tools by Geographic Region
4.1 World Historic Cordless Power Tools Market Size by Geographic Region (2020-2025)
4.1.1 Global Cordless Power Tools Annual Sales by Geographic Region (2020-2025)
4.1.2 Global Cordless Power Tools Annual Revenue by Geographic Region (2020-2025)
4.2 World Historic Cordless Power Tools Market Size by Country/Region (2020-2025)
4.2.1 Global Cordless Power Tools Annual Sales by Country/Region (2020-2025)
4.2.2 Global Cordless Power Tools Annual Revenue by Country/Region (2020-2025)
4.3 Americas Cordless Power Tools Sales Growth
4.4 APAC Cordless Power Tools Sales Growth
4.5 Europe Cordless Power Tools Sales Growth
4.6 Middle East & Africa Cordless Power Tools Sales Growth
5 Americas
5.1 Americas Cordless Power Tools Sales by Country
5.1.1 Americas Cordless Power Tools Sales by Country (2020-2025)
5.1.2 Americas Cordless Power Tools Revenue by Country (2020-2025)
5.2 Americas Cordless Power Tools Sales by Type (2020-2025)
5.3 Americas Cordless Power Tools Sales by End Users (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Cordless Power Tools Sales by Region
6.1.1 APAC Cordless Power Tools Sales by Region (2020-2025)
6.1.2 APAC Cordless Power Tools Revenue by Region (2020-2025)
6.2 APAC Cordless Power Tools Sales by Type (2020-2025)
6.3 APAC Cordless Power Tools Sales by End Users (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Cordless Power Tools by Country
7.1.1 Europe Cordless Power Tools Sales by Country (2020-2025)
7.1.2 Europe Cordless Power Tools Revenue by Country (2020-2025)
7.2 Europe Cordless Power Tools Sales by Type (2020-2025)
7.3 Europe Cordless Power Tools Sales by End Users (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Cordless Power Tools by Country
8.1.1 Middle East & Africa Cordless Power Tools Sales by Country (2020-2025)
8.1.2 Middle East & Africa Cordless Power Tools Revenue by Country (2020-2025)
8.2 Middle East & Africa Cordless Power Tools Sales by Type (2020-2025)
8.3 Middle East & Africa Cordless Power Tools Sales by End Users (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Cordless Power Tools
10.3 Manufacturing Process Analysis of Cordless Power Tools
10.4 Industry Chain Structure of Cordless Power Tools
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Cordless Power Tools Distributors
11.3 Cordless Power Tools Customer
12 World Forecast Review for Cordless Power Tools by Geographic Region
12.1 Global Cordless Power Tools Market Size Forecast by Region
12.1.1 Global Cordless Power Tools Forecast by Region (2026-2031)
12.1.2 Global Cordless Power Tools Annual Revenue Forecast by Region (2026-2031)
12.2 Americas Forecast by Country (2026-2031)
12.3 APAC Forecast by Region (2026-2031)
12.4 Europe Forecast by Country (2026-2031)
12.5 Middle East & Africa Forecast by Country (2026-2031)
12.6 Global Cordless Power Tools Forecast by Type (2026-2031)
12.7 Global Cordless Power Tools Forecast by End Users (2026-2031)
13 Key Players Analysis
13.1 TTI
13.1.1 TTI Company Information
13.1.2 TTI Cordless Power Tools Product Portfolios and Specifications
13.1.3 TTI Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.1.4 TTI Main Business Overview
13.1.5 TTI Latest Developments
13.2 Stanley Black & Decker
13.2.1 Stanley Black & Decker Company Information
13.2.2 Stanley Black & Decker Cordless Power Tools Product Portfolios and Specifications
13.2.3 Stanley Black & Decker Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.2.4 Stanley Black & Decker Main Business Overview
13.2.5 Stanley Black & Decker Latest Developments
13.3 Bosch
13.3.1 Bosch Company Information
13.3.2 Bosch Cordless Power Tools Product Portfolios and Specifications
13.3.3 Bosch Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.3.4 Bosch Main Business Overview
13.3.5 Bosch Latest Developments
13.4 Makita
13.4.1 Makita Company Information
13.4.2 Makita Cordless Power Tools Product Portfolios and Specifications
13.4.3 Makita Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.4.4 Makita Main Business Overview
13.4.5 Makita Latest Developments
13.5 HiKOKI
13.5.1 HiKOKI Company Information
13.5.2 HiKOKI Cordless Power Tools Product Portfolios and Specifications
13.5.3 HiKOKI Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.5.4 HiKOKI Main Business Overview
13.5.5 HiKOKI Latest Developments
13.6 Hilti
13.6.1 Hilti Company Information
13.6.2 Hilti Cordless Power Tools Product Portfolios and Specifications
13.6.3 Hilti Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.6.4 Hilti Main Business Overview
13.6.5 Hilti Latest Developments
13.7 Snap-on Incorporated
13.7.1 Snap-on Incorporated Company Information
13.7.2 Snap-on Incorporated Cordless Power Tools Product Portfolios and Specifications
13.7.3 Snap-on Incorporated Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.7.4 Snap-on Incorporated Main Business Overview
13.7.5 Snap-on Incorporated Latest Developments
13.8 Dongcheng
13.8.1 Dongcheng Company Information
13.8.2 Dongcheng Cordless Power Tools Product Portfolios and Specifications
13.8.3 Dongcheng Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.8.4 Dongcheng Main Business Overview
13.8.5 Dongcheng Latest Developments
13.9 Festool
13.9.1 Festool Company Information
13.9.2 Festool Cordless Power Tools Product Portfolios and Specifications
13.9.3 Festool Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.9.4 Festool Main Business Overview
13.9.5 Festool Latest Developments
13.10 CHERVON
13.10.1 CHERVON Company Information
13.10.2 CHERVON Cordless Power Tools Product Portfolios and Specifications
13.10.3 CHERVON Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.10.4 CHERVON Main Business Overview
13.10.5 CHERVON Latest Developments
13.11 C. & E. Fein
13.11.1 C. & E. Fein Company Information
13.11.2 C. & E. Fein Cordless Power Tools Product Portfolios and Specifications
13.11.3 C. & E. Fein Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.11.4 C. & E. Fein Main Business Overview
13.11.5 C. & E. Fein Latest Developments
13.12 Emerson
13.12.1 Emerson Company Information
13.12.2 Emerson Cordless Power Tools Product Portfolios and Specifications
13.12.3 Emerson Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.12.4 Emerson Main Business Overview
13.12.5 Emerson Latest Developments
13.13 Jiangsu Jinding
13.13.1 Jiangsu Jinding Company Information
13.13.2 Jiangsu Jinding Cordless Power Tools Product Portfolios and Specifications
13.13.3 Jiangsu Jinding Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.13.4 Jiangsu Jinding Main Business Overview
13.13.5 Jiangsu Jinding Latest Developments
13.14 Positec Group
13.14.1 Positec Group Company Information
13.14.2 Positec Group Cordless Power Tools Product Portfolios and Specifications
13.14.3 Positec Group Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.14.4 Positec Group Main Business Overview
13.14.5 Positec Group Latest Developments
13.15 KEN
13.15.1 KEN Company Information
13.15.2 KEN Cordless Power Tools Product Portfolios and Specifications
13.15.3 KEN Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.15.4 KEN Main Business Overview
13.15.5 KEN Latest Developments
13.16 Zhejiang Boda Industrial
13.16.1 Zhejiang Boda Industrial Company Information
13.16.2 Zhejiang Boda Industrial Cordless Power Tools Product Portfolios and Specifications
13.16.3 Zhejiang Boda Industrial Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.16.4 Zhejiang Boda Industrial Main Business Overview
13.16.5 Zhejiang Boda Industrial Latest Developments
13.17 Chicago Pneumatic
13.17.1 Chicago Pneumatic Company Information
13.17.2 Chicago Pneumatic Cordless Power Tools Product Portfolios and Specifications
13.17.3 Chicago Pneumatic Cordless Power Tools Sales, Revenue, Price and Gross Margin (2020-2025)
13.17.4 Chicago Pneumatic Main Business Overview
13.17.5 Chicago Pneumatic Latest Developments
14 Research Findings and Conclusion
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*If Applicable.