Power Tools Market Size, Growth, Share & Trends Report 2030

Name: Power Tools Market Size, Growth, Share & Trends Report 2030
Creator: Mordor Intelligence
License: https://www.mordorintelligence.com/privacy-policy

Power Tools Market Size and Share

Market Overview

Study Period	2019 - 2030
Market Size (2025)	USD 76.96 Billion
Market Size (2030)	USD 107.14 Billion
Growth Rate (2025 - 2030)	6.84% CAGR
Fastest Growing Market	Asia Pacific
Largest Market	Asia Pacific
Market Concentration	Low
Major Players *Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Power Tools Market (2025 - 2030) — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

Power Tools Market Analysis by Mordor Intelligence

The Global Power Tools Market stands at USD 76.96 billion in 2025 and is forecast to reach USD 107.14 billion by 2030, advancing at a 6.84% CAGR over the period. Expanding infrastructure programs, rapid urbanization, and the shift toward cordless technologies sustain demand even as supply chains normalize. Cordless electrification is redefining job-site productivity, while stricter emissions rules in major cities accelerate the replacement of pneumatic and gas-powered units with battery platforms. Rising DIY participation and e-commerce access in emerging economies widen the consumer base, and smart manufacturing incentives in Asia and Europe stimulate factory‐floor investments in high-precision, connected tool systems. Competitive intensity remains moderate; leaders safeguard their share through differentiated battery ecosystems, whereas new Chinese entrants leverage localized production and aggressive pricing.

Key Report Takeaways

• By mode of operation, electric tools led with 63.45% revenue share in 2024, and cordless variants inside this category are clocking the fastest 7.5% CAGR through 2030.

• By product, drilling and fastening captured 32.34% of the power tools market share in 2024; impact drivers and wrenches are expanding at an 8.1% CAGR to 2030.

• By end-user, construction and infrastructure retained 46.76% of the power tools market size in 2024, whereas residential DIY is paced for 8.2% CAGR growth through 2030.

• By sales channel, offline distribution held 79.88% share in 2024; online platforms exhibit a 10.1% CAGR as manufacturers push direct-to-consumer strategies.

• By geography, Asia-Pacific accounted for 39.86% revenue in 2024 and is projected to post a 7.9% CAGR, underpinned by China’s industrial equipment upgrading plan and India’s Make in India push.

Global Power Tools Market Trends and Insights

Drivers Impact Analysis

Driver	(∼) % Impact on CAGR Forecast	Geographic Relevance	Impact Timeline
Lithium-ion platform shift boosts cordless density	+1.3%	Global	Short term (≤ 2 years)
Electrification of construction equipment fleet	+1.2%	North America & Europe	Medium term (2-4 years)
Government incentives for smart manufacturing	+1.1%	China, EU, select emerging markets	Medium term (2-4 years)
DIY culture expansion via e-commerce	+0.9%	Asia-Pacific, global spill-over	Short term (≤ 2 years)
Automotive light-weighting elevates brushless precision	+0.8%	Global automotive hubs	Long term (≥ 4 years)
Modular, subscription-based tool-on-demand programs	+0.6%	North America & Europe	Long term (≥ 4 years)
Source: Mordor Intelligence

Shift to Lithium-ion Battery Platforms Enabling Higher Power Density Cordless Tools

Cell chemistries continue to raise energy density by 5-7% annually, giving contractors similar runtime to corded equivalents with the benefit of untethered mobility. DEWALT’s tabless cell architecture boosts power 50% while shedding weight, allowing roofers and electricians to carry lighter packs without sacrificing torque.

Electrification of Construction Equipment Fleet in North America & Europe

Sixty-six percent of construction managers in the United States and Canada now expect fully electric jobsites within two years, citing emissions caps and lower lifetime running costs. European municipalities pursue similar goals; OEMs such as Volvo pledge all-electric line-ups by 2030 while mobile fast-charging rollouts shrink range anxiety. Urban projects increasingly specify battery or corded-electric tools, pressuring pneumatic and hydraulic segments yet leaving a niche for engine-driven units on remote sites lacking grid access. Contractors adopting all-electric fleets report up to 60% CO₂ savings and 30% shorter project timelines, reinforcing the payback narrative.

Government Incentives for Smart Manufacturing

China’s industrial equipment upgrading plan targets a 25% jump in capital spending by 2027, with a goal of 90% penetration of digital R&D tools in large enterprises. The EU’s Important Project of Common European Interest earmarks EUR 8.1 billion to microelectronics, unlocking private investment valued at EUR 13.7 billion and spurring demand for connected assembly solutions^{[1]Thierry Breton, “IPCEI ME/CT Funding Approval,” European Commission, ec.europa.eu}. Fiscal credits and priority procurement accelerate the adoption of sensors, connectivity modules, and battery management systems embedded in next-generation power tools.

DIY Culture Expansion Fueled by E-commerce Penetration in Asia

Rising middle-class incomes, compact living spaces, and pandemic-era skill acquisition have turned DIY renovation into a mainstream pastime across India, China, and Southeast Asia. Direct-to-consumer storefronts on major marketplaces cut retail mark-ups, enabling budget-minded users to trial cordless kits previously considered professional-grade. Indian manufacturing clusters in Pune and Coimbatore have developed extensive battery-pack assembly capabilities under Make in India incentives, allowing domestic brands to meet demand locally while exporting competitively. Industry studies foresee gender neutrality in DIY participation by 2030, supported by ergonomic brushless models that reduce noise and vibration without compromising output.

Restraints Impact Analysis

Restraint	(∼) % Impact on CAGR Forecast	Geographic Relevance	Impact Timeline
Volatility in lithium & cobalt prices inflating cordless BOM	-0.8%	Global battery-dependent lines	Short term (≤ 2 years)
Counterfeit supply undermines brand premiums	-0.5%	Emerging markets, online globally	Medium term (2-4 years)
Saturation of mature rental channels in Western Europe	-0.4%	Western Europe, select US metros	Medium term (2-4 years)
Regulatory actions on hand-arm vibration syndrome (HAVS)	-0.3%	Europe, spreading to OECD markets	Long term (≥ 4 years)
Source: Mordor Intelligence

Volatility in Lithium & Cobalt Prices Inflating Cordless BOM Cost

US tariffs have lifted the composite duty on Chinese lithium-ion batteries to 58% in 2025, pressuring OEM margins and retail prices^{[2]Gina M. Raimondo, “Section 301 Battery Tariff Schedule,” U.S. Department of Commerce, commerce.gov}. Battery inputs account for 30–40% of high-power cordless tool cost; spikes in spot prices force manufacturers to negotiate alternate offtake deals in Australia and Africa to secure supply and smooth pricing.

Saturation of Mature Rental Channels in Western Europe

Rental revenue growth decelerated to 1.9% in Q3 2024 as utilization plateaued at 63.4%, encouraging fleet right-sizing and consolidation among operators^{[3]Patrick G. Halpin, “2024 Rental Market Forecast,” American Rental Association, ararental.org}. OEMs courting contractors directly through subscription models must invest in data platforms, logistics, and service infrastructure before revenue scales, moderating near-term returns.

Segment Analysis

By Mode of Operation: Cordless Revolution Accelerates

Electric formats captured 63.45% of 2024 revenue, with cordless sub-segments expanding at 7.5% CAGR through 2030 as lithium-ion packs approach corded performance parity. Pneumatic tools retain footholds where compressed-air systems already exist, and hydraulic devices address ultra-high-torque niches such as bridge tensioning. Engine-driven equipment is relegated to off-grid construction and forestry operations due to urban noise and emissions limits. The power tools market size for cordless solutions is projected to widen sharply as multi-brand battery alliances cut ownership costs and simplify charging infrastructure. However, raw-material pricing swings and limited fast-charging availability in developing regions keep corded units relevant for price-sensitive users.

Enhanced ergonomics, brushless drives, and firmware updates now differentiate premium cordless products. Bosch’s Professional 18V System and Makita’s LXT interchangeable packs highlight how ecosystem consistency locks in customer loyalty. Fleet managers appreciate the reduced downtime and safety gains derived from cable-free worksites, reinforcing the transition.

Power Tools Market — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

By Product: Impact Tools Drive Precision Demands

Drilling and fastening tools accounted for 32.34% revenue in 2024, reflecting their ubiquity across construction and assembly lines. Impact drivers and wrenches register an 8.1% CAGR thanks to automotive and aerospace tightening specifications that require exact torque and data capture for traceability. Sawing and cutting remain resilient; carbide-tipped blades introduced by Bosch offer 20x life versus bi-metal alternatives, appealing to high-volume carpenters.

Regulations targeting HAVS prompt redesigns in demolition hammers; Bosch’s cordless GSH 18V-5 balances 8.5 J impact energy with adaptive speed control to mitigate vibration exposure. Emerging categories such as heat guns and cordless glue tools gain traction in decor and electronics rework, expanding the addressable universe beyond traditional construction trades. Collectively, premium brushless offerings underpin power tools market share retention for tier-one brands despite price competition.

By End-user: Construction Dominance Meets DIY Disruption

Construction and infrastructure projects delivered 46.76% of 2024 sales, supported by multiyear public works pipelines in Asia and North America. Yet the DIY channel, propelled by streaming tutorials and affordable cordless kits, delivers an 8.2% CAGR, reshaping marketing priorities. Professional builders value integrated battery fleets that reduce maintenance labor, while homeowners prioritize portability and user-friendly interfaces.

Automotive manufacturing remains a stable consumer of controlled-torque systems as EV adoption drives higher fastening counts per vehicle. Aerospace and defense maintain premium demand for calibrated tightening and documentation, boosting average selling prices. Manufacturing sub-sectors such as electronics and woodworking consume compact, low-torque drivers that integrate with automated lines. Across these verticals, the power tools market size for industrial users outpaces GDP as automation upgrades intensify tool replacement cycles.

By Sales Channel: Digital Platforms Gain Momentum

Offline distribution retained 79.88% of 2024 revenue, underscoring the importance of brick-and-mortar dealers, big-box home centers, and industrial distributors that let buyers handle tools before purchase and negotiate bulk terms. Contractors still favor full-service dealers for job-site delivery, warranty processing, and credit facilities that pure-play digital outlets rarely match at scale. Mass-retail chains remain the primary gateway for first-time DIY purchasers, especially in regions where showrooming influences brand choice and accessory attachment rates. Within the offline arena, tool-truck fleets and specialty industrial houses differentiate on in-field calibration, repair, and safety-training services, advantages that help preserve margins even as price transparency rises. However, foot traffic is plateauing in mature Western markets, pushing store operators to integrate click-and-collect options and in-aisle mobile checkout to preserve share.

Online channels are advancing at a 10.1% CAGR to 2030, steadily enlarging the power tools market size for vendors that invest in omnichannel fulfilment and direct-to-consumer storefronts. Marketplace algorithms now surface mid-tier Asian brands alongside incumbents, compressing price gaps and accelerating cordless adoption among value-focused buyers. Manufacturers bolster loyalty with serialized tool registration portals that unlock extended warranties and push firmware updates, tactics that mimic consumer-electronics engagement models. United Rentals’ ProBox OnDemand shows how B2B customers embrace app-based lockers that automate inventory tracking and billing, further legitimizing digital procurement for heavy-duty fleets. High shipping costs for bulky items and the need for in-person technical guidance still temper online penetration in emerging markets, yet augmented-reality demos and regional service hubs are gradually narrowing these barriers.

Geography Analysis

Asia-Pacific held 39.86% of global revenue in 2024 and is poised for 7.9% CAGR, anchored by China’s 25% capital-investment hike under its upgrading plan and India’s Make in India incentives that draw both domestic and foreign OEMs^{[4]Xinhua Editors, “China Issues Industrial Equipment Upgrading Action Plan,” Xinhua News Agency, english.news.cn}. Localized battery pack production and rising disposable incomes spur cordless adoption, while Japan’s mature yet innovation-centric market relies on premium brushless models to differentiate offerings.

North America constitutes a technologically advanced yet slower-growing region. The American Rental Association expects equipment rental revenue to climb to USD 77.3 billion in 2024, reinforcing a substantial recurring demand base. Nevertheless, tariffs on Chinese batteries inflate procurement costs, motivating near-shoring in Mexico, where tool imports surge double digits and supply chains reconfigure to sidestep duties.

Europe shows divergent trajectories: Western markets see rental channel saturation and strict HAVS regulation, whereas Eastern Europe benefits from EU funding and fresh manufacturing capacity. The EU’s EUR 8.1 billion IPCEI initiative stimulates smart-factory investments, generating demand for connected precision tools. Environmental compliance pressure favors electric models, and leading OEMs differentiate through low-vibration certifications and recyclable packaging.

Competitive Landscape

The market remains moderately concentrated. Stanley Black & Decker, Bosch, and Techtronic Industries collectively dominate premium price tiers but face share erosion from agile Chinese entrants employing regional assembly and price leadership. DEWALT’s POWERSHIFT cordless system promises up to 60% emissions cuts and has garnered high-profile innovation awards.

Bosch advances an open-platform battery alliance covering over 300 tools, reinforcing ecosystem stickiness. Techtronic Industries booked record USD 14.6 billion sales in 2024, leveraging Milwaukee’s contractor loyalty and tapping AI-driven data-center construction.

Industrial conglomerates continue acquisitive streaks: Atlas Copco’s bid for South Korean compressor producer Kyungwon and its earlier purchases in Colombia and Germany broaden cross-selling opportunities. Ingersoll Rand’s USD 135 million trio of hydraulic and pump deals strengthens niche positions and underlines the strategic value of specialty know-how. Subscription models, data analytics, and embedded IoT sensors represent the next battleground, requiring software skills historically outside traditional toolmakers’ core competencies.

Power Tools Industry Leaders

Stanley Black & Decker, Inc.
Robert Bosch GmbH
Techtronic Industries Co. Ltd.
Makita Corporation
Hilti Corporation
*Disclaimer: Major Players sorted in no particular order

Power Tools Market Concentration — Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0.

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Recent Industry Developments

May 2025: Hilti registered 1.5% local-currency sales growth for 2024, led by 5.9% expansion in Eastern Europe/Middle East/Africa.
May 2025: Bosch launched the GSH 18V-5 cordless demolition hammer delivering 8.5 J impact energy with adaptive speed control.
April 2025: Epiroc purchased STANLEY Infrastructure for USD 760 million, adding excavator attachments producing USD 450 million revenue in 2023.
March 2025: DEWALT expanded its landscaping line with 28-in. gas and 60 V cordless mowers to serve the 81% of US households that maintain lawns.

Table of Contents for Power Tools Industry Report

1. Introduction

1.1 Study Assumptions & Market Definition
1.2 Scope of the Study

2. Research Methodology

3. Executive Summary

4. Market Landscape

4.1 Market Overview
4.2 Market Drivers
- 4.2.1 Electrification of Construction Equipment Fleet in North America & Europe
- 4.2.2 DIY Culture Expansion Fueled by E-commerce Penetration in Asia
- 4.2.3 Automotive Light-weighting Demands Higher Precision, Driving Brushless Tools Adoption
- 4.2.4 Government Incentives for Smart Manufacturing (e.g., Made-in-China 2025, EU IPCEI)
- 4.2.5 Shift to Lithium-ion Battery Platforms Enabling Higher Power Density Cordless Tools
- 4.2.6 Surge in Modular, Subscription-based Tool-on-Demand Programs Among Contractors
4.3 Market Restraints
- 4.3.1 Volatility in Lithium & Cobalt Prices Inflating Cordless Tool BOM Cost
- 4.3.2 Saturation of Mature Rental Channels in Western Europe
- 4.3.3 Regulatory Noise Around Hand-Arm Vibration Syndrome (HAVS) Limiting Heavy Demolition Tool Uptake
- 4.3.4 Fragmented Counterfeit Supply in Emerging Markets Undercutting Brand Premiums
4.4 Value / Supply-Chain Analysis
4.5 Regulatory & Industry Policies Outlook
4.6 Technological Outlook
4.7 Industry Attractiveness - Porter’s Five Forces
- 4.7.1 Threat of New Entrants
- 4.7.2 Bargaining Power of Buyers
- 4.7.3 Bargaining Power of Suppliers
- 4.7.4 Threat of Substitutes
- 4.7.5 Intensity of Competitive Rivalry
4.8 Distribution Channel Analysis

5. Market Size & Growth Forecasts (Value, In USD Billion)

5.1 By Mode of Operation
- 5.1.1 Electric
- 5.1.1.1 Cordless
- 5.1.1.2 Corded
- 5.1.2 Pneumatic
- 5.1.3 Hydraulic
- 5.1.4 Engine-Driven
5.2 By Product
- 5.2.1 Drilling & Fastening Tools
- 5.2.2 Sawing & Cutting Tools
- 5.2.3 Grinding & Polishing Tools
- 5.2.4 Material Removal Tools (sanders, etc.)
- 5.2.5 Demolition Tools (Breakers, Jackhammers)
- 5.2.6 Impact Drivers & Wrenches
- 5.2.7 Nailers & Staplers
- 5.2.8 Others (heat guns, glue guns, mixers, speciality tools)
5.3 By End-user
- 5.3.1 Construction & Infrastructure
- 5.3.2 Automotive
- 5.3.3 Aerospace & Defense
- 5.3.4 Energy & Power Generation
- 5.3.5 Shipbuilding, Marine & Railways
- 5.3.6 Manufacturing (Electronics, Metalworking, Wood Work, etc.)
- 5.3.7 Residential / DIY
- 5.3.8 Others (Utilities, Mining, etc.)
5.4 By Sales Channel
- 5.4.1 Offline
- 5.4.1.1 Direct Industrial/ Distributor
- 5.4.1.2 Mass Retail / Home Centers
- 5.4.2 Online
- 5.4.2.1 E-commerce Marketplaces
- 5.4.2.2 Brand-Owned Digital Stores
5.5 By Region
- 5.5.1 North America
- 5.5.1.1 United States
- 5.5.1.2 Canada
- 5.5.1.3 Mexico
- 5.5.2 South America
- 5.5.2.1 Brazil
- 5.5.2.2 Argentina
- 5.5.2.3 Peru
- 5.5.2.4 Rest of South America
- 5.5.3 Europe
- 5.5.3.1 United Kingdom
- 5.5.3.2 Germany
- 5.5.3.3 France
- 5.5.3.4 Italy
- 5.5.3.5 Spain
- 5.5.3.6 BENELUX (Belgium, Netherlands, and Luxembourg)
- 5.5.3.7 NORDICS (Denmark, Finland, Iceland, Norway, and Sweden)
- 5.5.3.8 Rest of Europe
- 5.5.4 Asia-Pacific
- 5.5.4.1 China
- 5.5.4.2 India
- 5.5.4.3 Japan
- 5.5.4.4 Australia
- 5.5.4.5 South Korea
- 5.5.4.6 ASEAN (Indonesia, Thailand, Philippines, Malaysia, Vietnam)
- 5.5.4.7 Rest of Asia-Pacific
- 5.5.5 Middle East and Africa
- 5.5.5.1 Saudi Arabia
- 5.5.5.2 United Arab Emirates
- 5.5.5.3 Qatar
- 5.5.5.4 Kuwait
- 5.5.5.5 Turkey
- 5.5.5.6 Egypt
- 5.5.5.7 South Africa
- 5.5.5.8 Nigeria
- 5.5.5.9 Rest of Middle East and Africa

6. Competitive Landscape

6.1 Market Concentration
6.2 Strategic Moves (M&A, Partnerships, Product Launches)
6.3 Market Share Analysis
6.4 Company Profiles {(includes Global level Overview, Market level overview, Core Segments, Financials as available, Strategic Information, Products & Services, and Recent Developments)}
- 6.4.1 Stanley Black & Decker Inc.
- 6.4.2 Robert Bosch GmbH
- 6.4.3 Techtronic Industries Co. Ltd.
- 6.4.4 Makita Corporation
- 6.4.5 Hilti Corporation
- 6.4.6 Atlas Copco AB
- 6.4.7 Ingersoll Rand Inc.
- 6.4.8 Snap-on Incorporated
- 6.4.9 Apex Tool Group
- 6.4.10 Emerson Electric Co.
- 6.4.11 Husqvarna AB
- 6.4.12 Honeywell International Inc.
- 6.4.13 KYOCERA Corporation
- 6.4.14 Festool GmbH
- 6.4.15 Cummins Inc. (Tool segment)
- 6.4.16 Hitachi Koki (HiKOKI)
- 6.4.17 Illinois Tool Works (ITW)
- 6.4.18 Ridgid (Emerson)
- 6.4.19 Baier Power Tools
- 6.4.20 Positec Tool Corporation
- 6.4.21 Panasonic Life Solutions
- 6.4.22 CEMBRE S.p.A.
- 6.4.23 CSUN Power Tools*

7. Market Opportunities & Future Outlook

7.1 White-space & Unmet-Need Assessment

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Global Power Tools Market Report Scope

Power tools are semiconductor tools employed in various industrial applications when activated by an external power source. Power tools include circular saws, sanders, grinders, routers, jigsaws, drills, hammer drills, and many others. A power tool is propelled by a mechanism and a power source different from the physical labor employed with hand tools. Internal combustion engines, electric motors, and compressed air are the three most popular forms of power tools.

A comprehensive background analysis of the Power Tools Market, covering the current market trends, restraints, technological updates, and detailed information on various segments and the industry's competitive landscape. The impact of COVID-19 has also been incorporated and considered during the study.

The power tools market is segmented by mode of operation (electric (cordless, corded), pneumatic, other modes of operations), by product (wrenches, grinders, drills, saws, other products), by application (industrial, residential), by region (North America, Europe, Asia-Pacific, Latin America, Middle East & Africa). The report offers market size and forecasts for the power tools market in value (USD billion) for all the above segments.

By Mode of Operation	Electric	Cordless
		Corded
	Pneumatic
	Hydraulic
	Engine-Driven
By Product	Drilling & Fastening Tools
	Sawing & Cutting Tools
	Grinding & Polishing Tools
	Material Removal Tools (sanders, etc.)
	Demolition Tools (Breakers, Jackhammers)
	Impact Drivers & Wrenches
	Nailers & Staplers
	Others (heat guns, glue guns, mixers, speciality tools)
By End-user	Construction & Infrastructure
	Automotive
	Aerospace & Defense
	Energy & Power Generation
	Shipbuilding, Marine & Railways
	Manufacturing (Electronics, Metalworking, Wood Work, etc.)
	Residential / DIY
	Others (Utilities, Mining, etc.)

By Sales Channel	Offline	Direct Industrial/ Distributor
		Mass Retail / Home Centers

	Online	E-commerce Marketplaces
		Brand-Owned Digital Stores

By Region	North America	United States
		Canada
		Mexico

	South America	Brazil
		Argentina
		Peru
		Rest of South America

	Europe	United Kingdom
		Germany
		France
		Italy
		Spain
		BENELUX (Belgium, Netherlands, and Luxembourg)
		NORDICS (Denmark, Finland, Iceland, Norway, and Sweden)
		Rest of Europe

	Asia-Pacific	China
		India
		Japan
		Australia
		South Korea
		ASEAN (Indonesia, Thailand, Philippines, Malaysia, Vietnam)
		Rest of Asia-Pacific

	Middle East and Africa	Saudi Arabia
		United Arab Emirates
		Qatar
		Kuwait
		Turkey
		Egypt
		South Africa
		Nigeria
		Rest of Middle East and Africa

By Mode of Operation

Electric	Cordless
	Corded
Pneumatic
Hydraulic
Engine-Driven

By Product

Drilling & Fastening Tools

Sawing & Cutting Tools

Grinding & Polishing Tools

Material Removal Tools (sanders, etc.)

Demolition Tools (Breakers, Jackhammers)

Impact Drivers & Wrenches

Nailers & Staplers

Others (heat guns, glue guns, mixers, speciality tools)

By End-user

Construction & Infrastructure

Automotive

Aerospace & Defense

Energy & Power Generation

Shipbuilding, Marine & Railways

Manufacturing (Electronics, Metalworking, Wood Work, etc.)

Residential / DIY

Others (Utilities, Mining, etc.)

By Sales Channel

Offline	Direct Industrial/ Distributor
	Mass Retail / Home Centers
Online	E-commerce Marketplaces
	Brand-Owned Digital Stores

By Region

North America	United States
	Canada
	Mexico
South America	Brazil
	Argentina
	Peru
	Rest of South America
Europe	United Kingdom
	Germany
	France
	Italy
	Spain
	BENELUX (Belgium, Netherlands, and Luxembourg)
	NORDICS (Denmark, Finland, Iceland, Norway, and Sweden)
	Rest of Europe
Asia-Pacific	China
	India
	Japan
	Australia
	South Korea
	ASEAN (Indonesia, Thailand, Philippines, Malaysia, Vietnam)
	Rest of Asia-Pacific
Middle East and Africa	Saudi Arabia
	United Arab Emirates
	Qatar
	Kuwait
	Turkey
	Egypt
	South Africa
	Nigeria
	Rest of Middle East and Africa

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Key Questions Answered in the Report

What is the current value of the power tools market?

The market is valued at USD 76.96 billion in 2025 with a forecast to reach USD 107.14 billion by 2030.

Which segment is growing fastest within the power tools market?

Cordless electric tools show the highest growth, advancing at a 7.5% CAGR through 2030 as battery performance and charging infrastructure improve.

Why are impact drivers and wrenches gaining popularity?

Automotive light-weighting and aerospace precision demands require high-torque, brushless impact tools that deliver accurate fastening and data traceability.

How is government policy influencing demand?

Programs such as China’s industrial upgrading plan and the EU’s IPCEI project provide tax incentives and grants that accelerate adoption of smart, connected manufacturing tools.

Page last updated on: June 27, 2025