Cordless Power Tools Market Report 2025 (Global Edition)

Global Cordless Power Tools Market Report 2025 Market Size Split by Type (Drilling and Fastening Tools, Sawing and Cutting Tools, Demolition Tools, Material Removal Tools, Routing Tools, Other tools.)...

Cordless Power Tools Market Report Description

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Competitive Landscape of the Cordless Power Tools

A low market intensity and high level of competition characterize the worldwide cordless power tools market. To have a significant market presence, vendors are compelled by the current situation to modify and enhance their distinctive value propositions. The sector is currently controlled by vendors and is somewhat fragmented. The market is characterized by the existence of distinct local and international sellers. Regional sellers will probably find it harder to compete with these multinational companies as they expand their market share. Durability, technology, services, pricing, and personalization are the only factors driving the competition. The top suppliers in the world market for cordless power tools are Makita, Hilti, Techtronic Industries, Robert Bosch, Stanley Black & Decker, and Makita.
To maintain a competitive edge, companies must also create new technologies and stay up to date on impending advancements. To increase their market share, several global firms are anticipated to broaden their reach over the forecast period, particularly in the rapidly emerging nations of Latin America and Asia.
Space Foundation mentioned some of the innovations like NASA scientists required samples from both the lunar surface and subsurface to perform an exhaustive investigation of the Moon's soil. Drilling down to the hard lunar surface layer required a small, lightweight power drill that could reach ten feet into the surface. To surpass those prerequisites, the drill additionally required a separate power supply. In response, the Black & Decker Corporation developed a battery-powered magnetometer system in collaboration with NASA's Goddard Space Flight Center. Black & Decker optimized the drill's motor architecture to guarantee low power consumption through the use of a special computer program. Black & Decker improved this spin-off technology in the years after the Apollo Program and produced whole ranges of useful cordless tools for wildly disparate sectors.

 

Top Companies Market Share in Cordless Power Tools Industry: (In no particular order of Rank)

• Deere & Company
• Husqvarna
• The Toro Company
• MTD
• Craftsman
• Emak
• Robert Bosch
• Stanley Black & Decker
• Stihl
• Blount
• TTI
• Worx
• Echo
• EMAK
• Briggs & Stratton
• Greenworks
• Honda
• Hitachi
• Makita
• Ariens
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Which region will dominate the Market in 2024, and which region is expanding at the fastest CAGR?

With a predicted CAGR of XX% throughout the course of the forecast period, North America is expected to hold the largest share of the worldwide cordless power tools market. Throughout the projection period, North America is anticipated to hold its position, with the US, the region's largest economy, accounting for the majority of revenue. The automotive, construction, aerospace, electronics, and packaging industries are just a few of the major industries in North America. As Li-ion battery technology advances, it is expected that the market for cordless power tools in North America will grow rapidly.
With growing power tool demand in key nations like China and Japan, the Asia Pacific market is expected to develop at the fastest rate over the projected period. Asia Pacific is predicted to have the fastest rate of growth over the projection period. The increasing road building and infrastructure projects in the region, particularly in growing economies like China, India, Indonesia, the Philippines, and Vietnam, are one of the main reasons propelling the growth of the power tools market in the region. The building sector in Asia Pacific is growing quickly. The makers are facing fierce competition as a result of the affordable power tools. The top power tool manufacturers are Makita Corporation (Japan), Uryu Seisaku (Japan), and Techtronic Industries Co. Ltd. (Hong Kong).
 

The current report Scope analyzes Cordless Power Tools Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Switzerland, Luxembourg, Rest of Europe)
• Asia Pacific (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC)
• Latin America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East (Saudi Arabia, Turkey, UAE, Egypt, Qatar, Rest of Middle East)
• Africa (Nigeria, South Africa, Rest of Africa)

The above graph is for illustrative purposes only.

Cordless Power Tools Market Analysis

By Type,

The market leader in the world, drilling and fastening tools, is expected to grow at a compound annual growth rate (CAGR) of XX% during the course of the forecast period. Drills, impact wrenches, impact drivers, screwdrivers, and nut runners are among the most widely used cordless power tools. The main power tool used to drill holes or drive fasteners like bolts and screws is the drill. Li-ion batteries, which power cordless drills, increase their productivity and efficiency. Impact wrenches are more accurate and provide greater torque than conventional fastening tools. Because they provide greater safety than their rivals, they are also often preferred for usage in building sites.
Impact wrenches that are cordless offer increased mobility and are appropriate for minor home tasks. Similar to cordless drills, impact drivers are high-torque instruments that are mostly used for driving screws and tightening nuts while also having a hammering function. Moreover, screwdrivers are made to drive screws in tools like wrenches and drills. Additionally, some high-tech cordless screwdrivers have LED lights, speed adjustments, improved grip, and spindle locks. They are chosen for home and do-it-yourself projects since they are more affordable than cordless drills.
The second-largest category is sawing and cutting tools; this sector's larger share is because sawing and cutting tools are primarily utilized for metal and wood tasks that require precise cutting. They are also utilized in do-it-yourself projects because most suppliers provide easily handled cutting instruments, such as jigsaws, for woodworking and home renovation projects
 

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Cordless Power Tools Industry. Request a Free Sample PDF!

Based on end-users, the global cordless power tools market is divided into industrial, commercial, and residential end-users. The market's largest contributor, the industrial segment, is anticipated to grow at a compound annual growth rate (CAGR) of XX% during the projected period. The market's largest segment, industrial end-users, is expected to maintain its dominance over the course of the projected period. Cordless power tools are widely used in the automotive, aerospace, electronics, energy, construction, and shipbuilding industries, among other sectors. Additionally, the two industries that made the most money from cordless power tools were construction and automotive. Over the course of the projected period, stability is expected due to the growing demand from industries for complex instruments. However, because of the increase in building and remodelling operations, the construction sector is projected to provide the most revenue, followed by the automobile industry, which assembles high-precision parts.
The International Energy Agency reports that the global market for electric vehicles is expected to grow by 60% annually. This means that as production facilities expand and expand, there may be a rise in the need for cordless power tools, particularly in the material removal, routing, and fastening tool categories.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Cordless Power Tools Motor Type Segment Analysis

The inexpensive, battery-operated, single-speed-only brushed motor category held a dominant position in the global cordless power tool market in 2032. Their popularity is further aided by their straightforward design and capacity to function without an electronic motor circuit or needless speed regulation. But their high maintenance needs are impeding demand for them. Nonetheless, over the course of the projection period, the brushless motors category is anticipated to increase at a higher CAGR. In addition to operating silently, brushless DC motors have a longer operational life and require less maintenance than brushed DC motors. Additionally, brushless motor tools can run silently and comfortably for extended periods due to their reduced friction and vibration. Because brushed motors can produce sparks when operating, brushless motors are frequently chosen in dangerous situations.
However, compared to brushed motors, brushless motors have greater power. Moreover, power has an impact on performance. Brushless drills, for example, have a low power-to-torque ratio, and this ratio continues to decline. Although physical wear on brushes necessitates their replacement, replacing brushes is a simple process. (https://www.toolcobber.com.au/brushed-vs-brushless-motor/)
 

• Brushed Motors
• Brushless Motors

Cordless Power Tools Li-ion Segment Analysis

12V, 18V, 20V, 40V, and 40V & above are the several battery segments that make up the global market for cordless power tools. The 12V cordless power tool market held the biggest share in 2022. These devices are under the mass category and are well-liked by homes because of their lightweight, manageable design, and ability to be used for light-duty and do-it-yourself tasks. But applying too little torque without halting can easily strip a screw, which will probably reduce demand. These tools are also adaptable for professionals and do-it-yourselves since they provide a good mix of portability and power for light- to medium-duty jobs. User fatigue is decreased by the small size and lighter weight for easier hand movement. Technological developments in batteries have enhanced the overall performance in the run type of this tool, which is anticipated to raise the demand for 12V cordless power tool.
Robert Bosch, for example, sells the BAT414 12V Max lithium-ion 2.0 Ah battery. For the best battery life, power, and runtime, the BAT414 battery incorporates cutting-edge technology.
 

• 12V
• 18V
• 20V
• 40V
• 40V & above

Author's Detail

Aarti Bagekari

Research Associate at Cognitive Market Research

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I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.

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