The Global Battery Powered Tools Market size was valued at around USD39.5 billion in 2024 and is projected to reach USD43 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.9% during the forecast period, i.e., 2025-30.
Global Battery Powered Tools Market Driver:
Growing Woodworking Industry Driving Market Growth – The continuously growing woodworking industry, with an expected CAGR of 3.7% in the period from 2020 to 2027 in the woodworking tools market, is driving the demand for battery-powered tools. These sawing and cutting tools have major applications in the woodworking & carpentry industry as well. The battery-powered tools provide suitability, portability, and other benefits that help in maximizing the output and minimizing the time wasted between the transition of tasks. The value of the hand tools market in woodworking by 2025 is expected to cross USD2.5 billion. Moreover, the market value of power tools in the woodworking industry is expected to reach around USD7.5 billion by 2027 with a CAGR of 4.3%. Therefore, the associated growth in this industry is driving the battery-powered tools market to increase convenience and enhance the user experience.
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Key Market Reports Highlights
- Market Dimensions & Projections
- Pricing Evaluation
- Recent Strategic Moves by Companies
- Primary Stakeholders
- Import/Export Trend Analysis
- Competitive Landscape Assessment
- Emerging Opportunities
- Market Trends and Indicators
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Global Battery Powered Tools Market Segmentation:
The market report categorizes the market based on different segments and geographical analysis.
Study Timeline:
-Base Year: 2024
-Historical Period: 2020 to 2023
-Forecast Period: 2025 to 2030
- By Tools
- Drills & Fastening Tools – Market Size & Forecast 2020-2030, USD Million
- Drills- Market Size & Forecast 2020-2030, USD Million
- Wrenches- Market Size & Forecast 2020-2030, USD Million
- Screwdrivers- Market Size & Forecast 2020-2030, USD Million
- Sawing & Cutting Tools- Market Size & Forecast 2020-2030, USD Million
- Band Saw- Market Size & Forecast 2020-2030, USD Million
- Reciprocating Saw- Market Size & Forecast 2020-2030, USD Million
- Circular Saw- Market Size & Forecast 2020-2030, USD Million
- Demolition Tools- Market Size & Forecast 2020-2030, USD Million
- Rotary Hammers- Market Size & Forecast 2020-2030, USD Million
- Hammer Drills- Market Size & Forecast 2020-2030, USD Million
- Material Removal Tools- Market Size & Forecast 2020-2030, USD Million
- Sanders- Market Size & Forecast 2020-2030, USD Million
- Grinders- Market Size & Forecast 2020-2030, USD Million
- Routing Tools- Market Size & Forecast 2020-2030, USD Million
- Garden Tools- Market Size & Forecast 2020-2030, USD Million
- Trimmer & Blowers- Market Size & Forecast 2020-2030, USD Million
- Lawn Mowers- Market Size & Forecast 2020-2030, USD Million
- Ride on Lawn Mowers- Market Size & Forecast 2020-2030, USD Million
- Vacuum Cleaners- Market Size & Forecast 2020-2030, USD Million
- Handheld Vacuums- Market Size & Forecast 2020-2030, USD Million
- Stick Vacuums- Market Size & Forecast 2020-2030, USD Million
- Others (Dust Extractor, laser Tools, etc.)- Market Size & Forecast 2020-2030, USD Million
- Drills & Fastening Tools – Market Size & Forecast 2020-2030, USD Million
- By Motor Type
- Brushed Motor- Market Size & Forecast 2020-2030, USD Million
- Brushless Motor- Market Size & Forecast 2020-2030, USD Million
- By Battery Type
- Lithium-Ion- Market Size & Forecast 2020-2030, USD Million
- Nickel-Cadmium- Market Size & Forecast 2020-2030, USD Million
- Others -Market Size & Forecast 2020-2030, USD Million
- By End Users
- Industrial & Commercial- Market Size & Forecast 2020-2030, USD Million
- Construction Industry- Market Size & Forecast 2020-2030, USD Million
- Woodworking & Carpentry- Market Size & Forecast 2020-2030, USD Million
- Automotive Industry- Market Size & Forecast 2020-2030, USD Million
- Electronics & Appliance Repair- Market Size & Forecast 2020-2030, USD Million
- Others -Market Size & Forecast 2020-2030, USD Million
- Residential- Market Size & Forecast 2020-2030, USD Million
- Industrial & Commercial- Market Size & Forecast 2020-2030, USD Million
- By Battery Volt
- Up to 12V – Market Size & Forecast 2020-2030, USD Million
- 13V – 20V- Market Size & Forecast 2020-2030, USD Million
- 21V – 36V- Market Size & Forecast 2020-2030, USD Million
- 37V – 60V- Market Size & Forecast 2020-2030, USD Million
- > 60V – Market Size & Forecast 2020-2030, USD Million
- By Distribution Channel
- Offline- Market Size & Forecast 2020-2030, USD Million
- Online- Market Size & Forecast 2020-2030, USD Million
- By Region
- North America
- South America
- Europe
- The Middle East & Africa
- Asia-Pacific
Competitive Landscape
With strategic initiatives, such as mergers, collaborations, and acquisitions, the leading market companies, including – Makita Corp., Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd., Hilti Corporation, STIHL Tirol GmbH, Ingersoll Rand Inc., Snap ON Inc., Panasonic Holdings Corporation, Apex Tool Group, Flex GmbH, AIMCO, Ryobi Ltd., DEWALT, Milwaukee Tool, Other
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