Global Battery Power Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global Battery Power Tools market size was valued at USD 741.9 million in 2023 and is forecast to a readjusted size of USD 1124.7 million by 2030 with a CAGR of 6.1% during review period.
A battery power tool is a tool that uses a battery as a power source and is used in a variety of applications including construction, manufacturing, home repair, and outdoor activities. The use of these tools not only reduces reliance on traditional fuel-powered tools, but also provides a more environmentally friendly, portable and convenient solution. One of the development trends in battery power tools is the continuous improvement of battery performance, including capacity, energy density and charging speed. Lithium-ion and other advanced battery technologies will continue to drive improvements in tool performance.
The Global Info Research report includes an overview of the development of the Battery Power Tools industry chain, the market status of Industrial (Brushed Motor, Brushless Motor), DIY (Brushed Motor, Brushless Motor), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Battery Power Tools.
Regionally, the report analyzes the Battery Power Tools markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Battery Power Tools market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Battery Power Tools market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Battery Power Tools industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Brushed Motor, Brushless Motor).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Battery Power Tools market.
Regional Analysis: The report involves examining the Battery Power Tools market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Battery Power Tools market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Battery Power Tools:
Company Analysis: Report covers individual Battery Power Tools manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Battery Power Tools This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial, DIY).
Technology Analysis: Report covers specific technologies relevant to Battery Power Tools. It assesses the current state, advancements, and potential future developments in Battery Power Tools areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Battery Power Tools market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Battery Power Tools market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Brushed Motor
Brushless Motor
Market segment by Application
Industrial
DIY
Major players covered
Apex Tool Group, LLC
Hilti Corporation
Techtronic Industries
Stanley Black and Decker
Robert Bosch GmbH
Koki Holdings
Makita Corporation
Atlas Copco
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Battery Power Tools product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Battery Power Tools, with price, sales, revenue and global market share of Battery Power Tools from 2019 to 2024.
Chapter 3, the Battery Power Tools competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Battery Power Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Battery Power Tools market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Battery Power Tools.
Chapter 14 and 15, to describe Battery Power Tools sales channel, distributors, customers, research findings and conclusion.