Global Electric Power Tools

Global Electric Power Tools

Global demand for electric power tools is forecast to increase 3.4% per year to $28.1 billion in 2024. Sales of cordless electric tools will advance at an above average rate as these products increasingly penetrate construction and other professional markets.

The report covers electric power tool demand by power source, product, market, and region. Demand, production, and net exports are presented in US dollar terms.

Demand by power source is presented for:
Plug-in (corded) electric tools
Cordless (battery-powered) electric tools

Demand by product is presented for:
Drills
Saws
Sanders, polishers, and grinders
Other electric power tools, such as hammers, impact wrenches, and planers and routers
…Batteries, parts, and attachments used with electric power tools

Demand by market is presented for:
Professional
Consumer

Demand by is presented for 19 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast

Scope of the Report
This report covers the scope, size, and growth of the global electric power tools market, including key trends in power sources, products, markets, and regions. Historical data are provided for 2009, 2014, and 2019 for demand, production, and net exports, with forecasts for 2024. Historical market volatility is also addressed. Data are provided in US dollars. Also included is an analysis of key industry players and their global market shares.