Global demand for power tools is forecast to increase 3.7% per year to $52.4 billion in 2029. Growth will be driven by rising demand in professional markets globally, with the consumer market also contributing significant gains in high-income nations.
This report covers the global power tools market by power source, market, and region. Demand is presented in US dollars.
Sales by power source are presented for:
Electric tools
Plug-in electric tools
Cordless electric tools
Pneumatic tools
Hydraulic, powder-actuated, and engine-driven tools
Electric power tool sales by product are also presented for:
Drills
Saws
Sanders, polishers, and grinders
Other electric tools
Parts and attachments for electric tools
Sales by market are presented for:
Professional
Construction
Motor vehicle aftermarket
Other professional markets
Consumer
Sales are presented for 20 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 analyzes the scope, size, and growth of the global power tools market, including key trends in power sources, markets, and regions. Historical data are provided for 2014, 2019, and 2024 for demand, production, and net exports, with forecasts for 2029 and 2034. In addition, annual historical and forecast data is provided for selected time series. Data are provided in US dollars. Also included is an analysis of key industry players and their global market share.
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