Global Cordless Power Tool Market 2022-2028

Global Cordless Power Tool Market 2022-2028

A power tool is technically a power-driven hand tool or portable power tool. The most common types of power tools use electric motors. Internal combustion engines and compressed air are also commonly used. Garnering a CAGR of 9.7% from 2022 to 2028, the global cordless power tool market is projected to reach worth of USD 24,423 million by 2028-end, according to a new report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global cordless power tool market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the cordless power tool industry.

The cordless power tool market is segmented on the basis of product, end user, and region. The cordless power tool market is segmented as below:

By product:

• demolition tools
• drilling & fastening tools
• material removal tools
• routers
• sawing & cutting tools
• others

By end user:

• commercial
• industrial
• residential

By region:

• Asia Pacific
• Europe
• North America
• Rest of the World (RoW)

The global cordless power tool market report offers detailed information on several market vendors, including Apex Tool Group, LLC, Atlas Copco AB, Emerson Electric Co., Hilti Corporation, Ingersoll Rand Inc., Koki Holdings Co., Ltd., Makita Corporation, Positec Tool Corporation, Robert Bosch GmbH, Snap-on Incorporated, Stanley Black & Decker, Inc., Techtronic Industries Company Limited, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report

• To analyze and forecast the market size of the global cordless power tool market.
• To classify and forecast the global cordless power tool market based on product, end user, and region.
• To identify drivers and challenges for the global cordless power tool market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global cordless power tool market.
• To identify and analyze the profile of leading players operating in the global cordless power tool market.

Why Choose This Report

• Gain a reliable outlook of the global cordless power tool market forecasts from 2022 to 2028 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.