Global Power Tools

Global Power Tools

Global demand for power tools is forecast to rise 4.5% per year to $37.2 billion in 2022. Growth will be driven by increasing building construction and consumer spending worldwide, along with increasing durables goods manufacturing activity and rising vehicle ownership. The best opportunities exist for tools that provide either the power, durability, or convenience demanded by users in higher income countries or the cost advantages required in lower income areas.

The report covers power tool demand by product, market, and region. Demand is presented in US dollars.

Among the products covered in this study are:
Electric tools, including plug-in and cordless types
Pneumatic tools
Tools powered by other energy sources, such as hydraulic, engine-driven, and powder-actuated tools

Demand by product and market is presented for 19 countries in the following regions:
North America
Central and South America
Western Europe
Eastern Europe
Asia/Pacific
Africa/Mideast
Demand totals are also presented for a further 11 countries.

Scope of the Report
This report covers the scope, size, and growth of the global power tools market, including key trends in products, power source, markets, and regions. Historical data are provided for 2007, 2012, and 2017 for demand, production, and net exports, with forecasts for 2022. Historical market volatility is also addressed. Data are provided in US dollars. Demand totals at country level are also presented in inflation-adjusted constant-dollars. Also included is an analysis of key industry players and their global and regional market shares.