US Power Tools
Demand in the US for power tools is anticipated to grow at an annual rate of 3.4%, reaching $13.2 billion by the year 2028. This study discusses the US power tools market, covering electric (both plug-in and battery-powered), pneumatic, hydraulic, powder-actuated, and engine-driven portable power tools, along with their parts and attachments used across various applications. It presents historical data for the years 2013, 2018, and 2023, and provides forecasts for 2028 and 2033, detailing demand in both current and real dollar terms by product type, power source, and market. Additionally, annual data from 2020 to 2027 are included.
The study categorizes power tools and their parts and attachments into several types: drills, hammers, impact wrenches, nailers and staplers, percussion tools, planers and routers, saws, sanders, polishers, grinders, screwdrivers, other power tools, and parts and attachments. Demand is segmented by power source, including electric (plug-in and battery-powered), pneumatic, and hydraulic, powder-actuated, and engine-driven tools. Parts and attachments are detailed for each power source, except for engine-driven tools, which are grouped with the demand for the tools themselves due to their smaller market size.
For the purposes of this study, tools assembled in the US are considered domestic production, regardless of the origin of their components.
- Executive Summary
- Table Figure 1-1. US Power Tool Market Overview
- Short-Term Analysis
- Economic Forecast
- Table Macroeconomic Indicators, 2021 - 2025
- Short-Term Construction Industry Outlook
- Table Construction Expenditures, 2021 - 2025
- Short-Term Power Tools Industry Trends
- Table Annual Power Tool Demand by Power Source, 2021 - 2025
- Table Annual Power Tool Demand by Market, 2021 - 2025
- Table Figure 2-1. Power Tool Value Demand Growth by Market, 2022 - 2025
- Economic Forecast
- Overview
- Study Scope
- Table Figure 3-1. Power Tools: Product Examples
- Historical Market Trends & Growth Factors
- Table Power Tool Demand, 2013 - 2023
- Table Figure 3-2. Power Tool Demand, 2007 – 2023
- Supply & Demand
- Trade Balance
- Table Power Tool Supply & Demand, 2013, 2018, 2023, 2028, &2033
- Table Annual Power Tool Supply & Demand, 2020 - 2027
- Imports
- Table Figure 3-3. Power Tool Imports: Share by Source, 2023
- Exports
- Table Figure 3-4. Power Tool Exports: Share by Destination, 2023
- Shipments
- Table Power Tool Shipments by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Power Tool Shipments by Power Source, 2020 - 2027
- Trade Balance
- Market Trends: Professional vs. Consumer Tools
- Table Power Tool Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Power Tool Demand by Market, 2020 - 2027
- Table Figure 3-5. Power Tool Demand by Market, 2013, 2018, 2023, 2028, &2033
- Trends in Power Sources
- Table Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Power Tool Demand by Power Source, 2020 - 2027
- Table Figure 3-6. Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Inflation & Pricing Trends
- Table Power Tool Price Deflator by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Power Tool Price Deflator by Power Source, 2020 - 2027
- Global Perspective
- Table Figure 3-7. US Share of Global Power Tool Demand, 2023
- Study Scope
- Factors Impacting Power Tool Demand
- Construction Industry Outlook
- Table Figure 4-1. Building Construction Expenditures, 2020 - 2028
- Technology Trends
- Batteries & Charging
- Smart Power Tools
- Ergonomic Improvements
- Brushless Motors
- Cordless Compressors
- Regulations
- Supply Chain Issues
- Sustainability Initiatives
- Homeownership
- Ownership vs. Rentals
- Table US Homeownership & Rental Rates, 2013 - 2023
- Annual Household Income
- Table US Homeownership & Rental Rates by Household Income Bracket, 2023
- Age of Head of Household
- Table US Homeownership & Rental Rates by Age of Head of Household, 2013 - 2023
- Ownership vs. Rentals
- Construction Industry Outlook
- Electric Power Tools
- Scope & Product Description
- Supply & Demand
- Trade Balance
- Table Electric Power Tool Supply & Demand, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Power Tool Supply & Demand, 2020 - 2027
- Table Figure 5-1. Electric Power Tool Supply & Demand, 2013 - 2023
- Imports
- Table Figure 5-2. Electric Power Tool Imports: Share by Source, 2023
- Exports
- Table Figure 5-3. Electric Power Tool Exports Share by Destination, 2023
- Shipments
- Table Electric Power Tool Shipments by Type, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Power Tool Shipments by Type, 2020 - 2027
- Trade Balance
- Plug-In vs. Cordless
- Product Comparison
- Table Characteristics of Plug-In & Cordless Tools
- Sales Trends
- Table Electric Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Power Tool Demand by Power Source, 2020 - 2027
- Table Figure 5-4. Cordless Share of Electric Power Tool Value Demand by Product, 2023
- Table Figure 5-5. Electric Power Tool Demand Share: Plug-In vs. Cordless, 2013, 2018, 2023, 2028, &2033
- Product Comparison
- Market Share
- Table Figure 5-6. Electric Power Tool Market Share by Company, 2023
- Table Selected Electric Power Tool Brands
- Demand by Type
- Table Electric Power Tool Demand by Type, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Power Tool Demand by Type, 2020 - 2027
- Table Figure 5-7. Electric Power Tool Demand by Type, 2023 & 2028
- Drills
- Scope & Product Description
- Table Figure 5-8. Electric Drills: Product Examples
- Supply & Demand
- Table Electric Drill Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Drill Supply & Demand by Market, 2020 - 2027
- Foreign Trade
- Table Figure 5-9. Electric Drill Imports: Share by Source, 2023
- Plug-In vs. Cordless
- Table Electric Drill Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Drill Demand by Power Source, 2020 - 2027
- Table Figure 5-10. Cordless Share of Electric Drill Value Demand, 2013, 2018, 2023, 2028, &2033
- Suppliers
- Table Key Suppliers of Electric Drills to the US Market
- Scope & Product Description
- Saws
- Scope & Product Description
- Table Figure 5-11. Electric Saws: Product Examples
- Supply & Demand
- Table Electric Saw Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Saw Supply & Demand by Market, 2020 - 2027
- Foreign Trade
- Table Figure 5-12. Electric Saw Imports: Share by Source, 2023
- Demand by Type
- Table Electric Saw Demand by Type, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Saw Demand by Type, 2020 - 2027
- Table Figure 5-13. Electric Saw Demand by Type, 2013, 2018, 2023. 2028, &2033
- Plug-In vs. Cordless
- Table Electric Saw Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Saw Demand by Power Source, 2020 - 2027
- Table Figure 5-14. Cordless Share of Electric Saw Value Demand, 2013, 2018, 2023, 2028, &2033
- Suppliers
- Table Key Suppliers of Electric Saws to the US Market
- Scope & Product Description
- Sanders, Polishers, &Grinders
- Scope & Product Description
- Table Figure 5-15. Electric Sanders, Polishers, &Grinders: Product Examples
- Supply & Demand
- Table Electric Sander, Polisher, &Grinder Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Sander, Polisher, &Grinder Supply & Demand by Market, 2020 - 2027
- Foreign Trade
- Table Figure 5-16. Electric Sander, Grinder, &Polisher Imports: Share by Source, 2023
- Demand by Type
- Table Electric Sander, Polisher, &Grinder Demand by Type, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Sander, Polisher, &Grinder Demand by Type, 2020 - 2027
- Table Figure 5-17. Electric Sander, Polisher, &Grinder Demand by Type, 2013, 2018, 2023, 2028, &2033
- Plug-In vs. Cordless
- Table Electric Sander, Polisher, &Grinder Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Sander, Polisher, &Grinder Demand by Power Source, 2020 - 2027
- Suppliers
- Scope & Product Description
- Screwdrivers
- Scope & Product Description
- Table Figure 5-18. Electric Screwdrivers: Product Examples
- Supply & Demand
- Table Electric Screwdriver Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Screwdriver Supply & Demand by Market, 2020 - 2027
- Foreign Trade
- Table Figure 5-19. Electric Screwdriver Imports Share by Source, 2023
- Plug-In vs. Cordless
- Table Electric Screwdriver Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Screwdriver Demand by Power Source, 2020 - 2027
- Suppliers
- Scope & Product Description
- Impact Wrenches
- Scope & Product Description
- Table Figure 5-20. Electric Impact Wrenches: Product Examples
- Supply & Demand
- Table Electric Impact Wrench Supply & Demand by Power Source & Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Impact Wrench Supply & Demand by Power Source & Market, 2020 - 2027
- Suppliers
- Scope & Product Description
- Planers & Routers
- Scope & Product Description
- Table Figure 5-21. Electric Planers & Routers: Product Examples
- Supply & Demand
- Table Electric Planer & Router Supply & Demand by Power Source & Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Planer & Router Supply & Demand by Power Source & Market, 2020 - 2027
- Suppliers
- Scope & Product Description
- Hammers
- Scope & Product Description
- Table Figure 5-22. Electric Hammers: Product Examples
- Supply & Demand
- Table Electric Hammer Supply & Demand by Power Source & Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Hammer Supply & Demand by Power Source & Market, 2020 - 2027
- Suppliers
- Scope & Product Description
- Other Electric Tools
- Scope & Product Description
- Table Figure 5-23. Other Electric Power Tools: Product Examples
- Supply & Demand
- Table Other Electric Power Tool Supply & Demand by Power Source & Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Other Electric Power Tool Supply & Demand by Power Source & Market, 2020 - 2027
- Suppliers
- Scope & Product Description
- Parts & Attachments
- Scope & Description
- Table Figure 5-24. Electric Power Tool Parts & Attachments: Product Examples
- Supply & Demand
- Table Electric Power Tool Parts & Attachments Supply & Demand by Type & Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Electric Power Tool Parts & Attachments Supply & Demand by Type & Market, 2020 - 2027
- Saw Blades
- Table Figure 5-25. Saw Blades: Product Examples
- Dies & Drill Bits
- Table Figure 5-26. Dies & Drill Bits: Product Examples
- Batteries
- Table Figure 5-27. Power Tool Batteries: Product Examples
- Other Parts & Accessories
- Table Figure 5-28. Other Power Tool Parts & Accessories: Product Examples
- Suppliers
- Scope & Description
- Pneumatic Tools
- Scope & Product Description
- Supply & Demand
- Trade Balance
- Table Pneumatic Tool Supply & Demand, 2013, 2018, 2023, 2028, &2033
- Table Annual Pneumatic Tool Supply & Demand, 2020 - 2027
- Table Figure 6-1. Pneumatic Tool Demand by Type, 2023 & 2028
- Imports
- Table Figure 6-2. Pneumatic Tool Imports: Share by Source, 2023
- Exports
- Table Figure 6-3. Pneumatic Tool Exports: Share by Destination, 2023
- Shipments
- Table Pneumatic Power Tool Shipments by Type, 2013, 2018, 2023, 2028, &2033
- Table Annual Pneumatic Power Tool Shipments by Type, 2020 - 2027
- Trade Balance
- Market Share
- Table Figure 6-4. Pneumatic Tool Market Share by Company, 2023
- Table Selected Pneumatic Tool Brands
- Demand by Type
- Table Pneumatic Tool Demand by Type, 2013, 2018, 2023, 2028, &2033
- Table Annual Pneumatic Tool Demand by Type, 2020 - 2027
- Nailers & Staplers
- Scope & Product Description
- Table Figure 6-5. Pneumatic Nailers & Staplers: Product Examples
- Supply & Demand
- Table Pneumatic Nailer & Stapler Supply & Demand by Product & Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Pneumatic Nailer & Stapler Supply & Demand by Product & Market, 2020 - 2027
- Suppliers
- Scope & Product Description
- Impact Wrenches
- Scope & Product Description
- Table Figure 6-6. Pneumatic Impact Wrench: Product Examples
- Supply & Demand
- Table Pneumatic Impact Wrench Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Pneumatic Impact Wrench Supply & Demand by Market, 2020 - 2027
- Scope & Product Description
- Drills & Screwdrivers
- Scope & Product Description
- Table Figure 6-7. Pneumatic Drills & Screwdrivers: Product Examples
- Supply & Demand
- Table Pneumatic Drill & Screwdriver Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Pneumatic Drill & Screwdriver Supply & Demand by Market, 2020 - 2027
- Scope & Product Description
- Percussion Tools
- Scope & Product Description
- Table Figure 6-8. Pneumatic Percussion Tools: Product Examples
- Supply & Demand
- Table Pneumatic Percussion Tool Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Pneumatic Percussion Tool Supply & Demand by Market, 2020 - 2027
- Scope & Product Description
- Sanders, Polishers, &Grinders
- Scope & Product Description
- Table Figure 6-9. Pneumatic Sanders, Polishers, &Grinders: Product Examples
- Supply & Demand
- Table Pneumatic Sander, Polisher, &Grinder Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Pneumatic Sander, Polisher, &Grinder Supply & Demand by Market, 2020 - 2027
- Scope & Product Description
- Other Pneumatic Tools
- Scope & Product Description
- Table Figure 6-10. Other Pneumatic Tools: Product Examples
- Supply & Demand
- Table Other Pneumatic Tool Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Other Pneumatic Tool Supply & Demand by Market, 2020 - 2027
- Scope & Product Description
- Parts & Attachments
- Table Pneumatic Tool Parts & Attachments: Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Pneumatic Tool Parts & Attachments: Supply & Demand by Market, 2020 - 2027
- Hydraulic, Powder-Actuated, &Engine- Driven Power Tools
- Scope & Product Description
- Table Figure 7-1. Hydraulic, Powder-Actuated, &Engine-Driven Tools: Product Examples
- Supply & Demand
- Table Hydraulic, Powder-Actuated, &Engine-Driven Tools: Supply & Demand, 2013, 2018, 2023, 2028, &2033
- Table Annual Hydraulic, Powder-Actuated, &Engine-Driven Tools: Supply & Demand, 2020 - 2027
- Demand by Power Source & Market
- Table Hydraulic, Powder-Actuated, &Engine-Driven Tool Demand by Power Source & Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Hydraulic, Powder-Actuated, &Engine-Driven Tool Demand by Power Source & Market, 2020 - 2027
- Hydraulic Power & Powder-Actuated Tools
- Scope & Product Description
- Table Figure 7-2. Hydraulic Power Tools: Product Examples
- Table Figure 7-3. Powder-Actuated Tools: Product Examples
- Supply & Demand
- Table Hydraulic & Powder-Actuated Tools: Supply & Demand by Product & Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Hydraulic & Powder-Actuated Tools: Supply & Demand by Product & Market, 2020 - 2027
- Scope & Product Description
- Engine-Driven Tools
- Table Engine-Driven Tools, Parts, &Attachments: Supply & Demand by Market, 2013, 2018, 2023, 2028, &2033
- Table Annual Engine-Driven Tools, Parts, &Attachments: Supply & Demand by Market, 2020 - 2027
- Scope & Product Description
- Professional Markets
- Scope & Market Description
- Market Sectors
- Demand by Market Sector
- Table Professional Power Tool Demand by Market Sector, 2013, 2018, 2023, 2028, &2033
- Table Annual Professional Power Tool Demand by Market Sector, 2020 - 2027
- Construction
- Table Construction Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Construction Power Tool Demand by Power Source, 2020 - 2027
- Table Figure 8-1. Construction Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Automotive Aftermarket
- Table Automotive Aftermarket Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Automotive Aftermarket Power Tool Demand by Power Source, 2020 - 2027
- Table Figure 8-2. Automotive Aftermarket Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Industrial & Other Professional Services
- Table Industrial & Other Professional Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Industrial & Other Professional Power Tool Demand by Power Source, 2020 - 2027
- Table Industrial & Other Professional Power Tool Demand by Application, 2013, 2018, 2023, 2028, &2033
- Table Annual Industrial & Other Professional Power Tool Demand by Application, 2020 - 2027
- Table Figure 8-3. Industrial & Other Professional Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Demand by Market Sector
- Demand by Power Source
- Table Professional Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Professional Power Tool Demand by Power Source, 2020 - 2027
- Consumer Markets & Insights
- Scope & Market Description
- Demand by Power Source
- Table Consumer Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Table Annual Consumer Power Tool Demand by Power Source, 2020 - 2027
- Table Figure 9-1. Consumer Power Tool Demand by Power Source, 2013, 2018, 2023, 2028, &2033
- Factors Impacting Consumer Purchases of Tools
- Important Purchasing Factors
- Table Consumer Insights: "What is most important to you when deciding which tool or piece of equipment to buy a hand-held power tool/accessory?" by Gender & Age Group, 2024
- Table Consumer Insights: "What is most important to you when deciding which tool or piece of equipment to buy a hand-held power tool/accessory?" by Annual Household Income Bracket, 2024
- Women Are Using Power Tools More than Ever Before
- Table "Did you buy hand-held corded or cordless power tools and related accessories in the last 12 months?" by Gender 2024
- DIY Ethic Spurred by Online Resources
- Table Home Remodeling Attitudes, 2021 - 2024
- DIY or DIFM (Do It For Me)?
- Table Home Remodeling Activity: Who Did the Work?, 2015 - 2024
- Important Purchasing Factors
- Consumer Spending Habits
- Who Buys Power Tools?
- Table “Did you buy power tools (electric, gas, battery) or power tool accessories in the last 12 months, 2020, 2022, &2024
- Table “Did you buy power tools (electric, gas, battery) or power tool accessories in the last 12 months?” by Home Area, Age Group, Marital Status, Recent Move, Type of Housing, &Household Income Bracket, 2024
- Primary Reasons for Power Tool Purchase
- Table "What was the primary reason for your recent purchase of hand-held power tools/accessories?" by Gender & Age Group, 2024
- Where Are Consumers Buying Tools?
- Table "From Which Type of Retailer(s) Did you Purchase The Hand-Held Power Tools Bought in the Last 12 Months?" by Gender & Age Group, 2024
- Table "From Which Type of Retailers(s) Did you Purchase The Hand-Held Power Tools Bought in the Last 12 Months?" by Residential Area, 2024
- Most Commonly Used Research Sources
- What Sources of Advice Do Consumers Value Most?
- Table Sources of Advice: "What is most important to you when deciding which tool or piece of equipment to buy?" by Gender & Age Group, 2024
- Table Sources of Advice: "What is most important to you when deciding which tool or piece of equipment to buy?" by Household Income Bracket, 2024
- Who Buys Power Tools?
- Distribution Channels
- Demand by Distribution Channel
- Table Power Tool Demand by Distribution Channel, 2013, 2018, 2023, 2028, &2033
- Table Annual Power Tool Demand by Distribution Channel, 2020 - 2027
- Table Figure 10-1. Power Tool Demand by Distribution Channel, 2013, 2018, 2023, 2028, &2033
- Home Centers
- Direct Sales & Distributors
- E-Commerce
- Hardware Stores
- Mass Marketers
- Demand by Distribution Channel
- Industry Structure
- Key Findings & Industry Composition
- Table US Power Tool Sales by Company, 2023
- Market Share
- Table Figure 11-1. US Power Tool Market Share by Company, 2023
- Table Figure 11-2. US Power Tool Market: First Leading Supplier, 2023
- Table Figure 11-3. US Power Tool Market: Second Leading Supplier, 2023
- Table Figure 11-4. US Power Tool Market: Third Leading Supplier, 2023
- Table Figure 11-5.US Power Tool Market: Fourth Leading Supplier, 2023
- Competitive Strategies
- Location of Manufacturing Plants: Proximity & Cost Issues
- Marketing Strategies: Powerful Brand Names & Comparisons
- Mergers & Acquisitions
- Table Selected Mergers & Acquisitions
- Private Label
- Table Private Label Power Tool Brands & Product Types
- List of Industry Participants
- Table Selected Industry Participants
- Key Findings & Industry Composition
- Appendix
- Report Details
- Table Figure 12-1. Included Electric Tools: Most Commonly Used
- Table Figure 12-2. Other Included Electric Tools
- Table Figure 12-3. Included Electric Tool Parts & Attachments
- Table Figure 12-4. Included Pneumatic Tools
- Table Figure 12-5. Included Hydraulic, Powder-Actuated, &Engine-Driven Tools
- Table Figure 12-6. Excluded Scope
- Table Relevant Industry Codes
- Table Relevant HS Codes
- Definitions
- Abbreviations
- Table Abbreviations & Acronyms Used in Study
- Freedonia Methodology
- Study-Specific Methodology
- Sources
- Associations & Agencies
- Related Studies & Reports
- Macroeconomic Assumptions
- Economic Environment
- Table Macroeconomic Indicators, 2013, 2018, 2023, 2028, &2033
- Demographic Trends
- Table Population & Households, 2013, 2018, 2023, 2028, &2033
- Construction Expenditures
- Table Construction Expenditures, 2013, 2018, 2023, 2028, &2033
- Residential Improvement & Repairs
- Table Residential Improvement & Repair Expenditures, 2013, 2018, 2023, 2028, &2033
- Commercial Building Improvement & Repairs
- Table Commercial Building Improvement & Repair Expenditures, 2013, 2018, 2023, 2028, &2033
- Housing Completions
- Table New Housing Indicators, 2013, 2018, 2023, 2028, &2033
- Motor Vehicle Industry Overview
- Table Motor Vehicle Indicators, 2013, 2018, 2023, 2028, &2033
- Manufacturers’ Shipments
- Table Manufacturers’ Shipments, 2013, 2018, 2023, 2028, &2033
- Consumer Spending
- Table Personal Consumption Expenditures, 2013, 2018, 2023, 2028, &2033
- Economic Environment
- Report Details
Research Assistance
Download our eBook: How to Succeed Using Market Research
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook