Global Cordless Power Tools Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

Global Cordless Power Tools Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

According to our (Global Info Research) latest study, the global Cordless Power Tools market size was valued at US$ 13940 million in 2024 and is forecast to a readjusted size of USD 24130 million by 2031 with a CAGR of 7.9% during review period.

Power tools play an increasingly important role in the daily activities of mankind, and along with the evolution of user habits and consumer preferences to miniaturization, portable development, cordless lithium tools have become the fastest popularization of power tools in recent years in the product type. Cordless power tools from AC power to battery-powered DC power, and lithium batteries compared to traditional nickel-cadmium batteries, nickel-metal hydride batteries with high energy density, long cycle life, clean and pollution-free advantages, has become the mainstream power cordless DC power tools program. Cordless lithium battery power tools can get rid of the cable on the use of environmental restrictions, reduce the occurrence of electric shock accidents, and better play flexibility.

The market for cordless power tools has witnessed significant growth over the past decade, driven by technological advancements, increasing urbanization, and the expanding construction industry. Here are some trends and insights into the cordless power tool market as of QYResearch last update:

Market Trends

Battery Technology Advancements: One of the key trends in the cordless power tools market is the advancement in battery technology. Lithium-ion batteries have become the industry standard due to their higher energy density, longer lifespans, and reduced self-discharge rates. The development of these batteries has enabled the production of more powerful and lightweight tools.

Higher Power Output: Advances in motor technology have led to the production of cordless tools that can match or even exceed the power of their corded counterparts. Brushless motors are now common, offering increased efficiency, longer runtime, and extended tool life.

Smart Tools: The integration of smart technology into power tools is a growing trend. Tools are now being equipped with Bluetooth connectivity, which allows for features like tool control, data tracking, and remote diagnostics.

Modular Systems: Many manufacturers are developing systems where the battery and charger are compatible across a wide range of tools. This allows users to purchase one battery and charger, and then use them with multiple tools, which is both cost-effective and convenient.

Professional Grade for DIY Enthusiasts: Professional-grade cordless tools are becoming more accessible to DIY enthusiasts. The performance gap between professional and consumer-level tools is narrowing, encouraging more hobbyists to invest in higher-quality tools.

Sustainability and Eco-Friendliness: As concerns over the environment grow, there's an increasing trend towards sustainability in power tools. This includes the development of tools with more efficient energy use and the use of recycled materials in their construction.

E-Commerce Sales: Online sales channels are becoming a significant distribution channel for cordless power tools. E-commerce platforms provide consumers with a convenient way to compare products, read reviews, and purchase tools directly.

Market Growth Factors

Construction and Infrastructure Projects: The demand for cordless power tools is closely linked to construction activities. The growth in infrastructure development in emerging economies is a major driver of the market.

Home Improvement and DIY Movement: The DIY movement has encouraged more individuals to take on home improvement projects, increasing the demand for user-friendly cordless power tools.

Professional Trades: Electricians, plumbers, carpenters, and other tradespeople are increasingly adopting cordless tools due to their convenience, flexibility, and performance.

Market Challenges

Cost: The initial cost of cordless power tools, especially those with advanced features, can be higher than their corded equivalents.

Battery Life and Replacement Costs: Although battery technology has improved, the cost and lifespan of batteries are concerns for users.

Competition and Market Saturation: The market is highly competitive, with many players vying for market share. This can make it challenging for new entrants to establish themselves.

Future Outlook

The cordless power tool market is expected to continue growing, driven by innovation and the increasing preference for portability and convenience. The focus on smart technology and the integration of IoT (Internet of Things) is likely to further expand the capabilities and applications of these tools. Sustainability initiatives may also shape the future of the market, with a potential shift towards even more environmentally friendly materials and processes.

This report is a detailed and comprehensive analysis for global Cordless Power Tools market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by End Users. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.

Key Features:

Global Cordless Power Tools market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Cordless Power Tools market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Cordless Power Tools market size and forecasts, by Type and by End Users, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031

Global Cordless Power Tools market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Cordless Power Tools

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Cordless Power Tools market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TTI, Stanley Black & Decker, Bosch, Makita, HiKOKI, Hilti, Snap-on Incorporated, Dongcheng, Festool, CHERVON, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Cordless Power Tools market is split by Type and by End Users. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by End Users in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Drill
Screwdrivers
Angle Grinder
Hammers
Wrenches
Saw
Others

Market segment by End Users
Professional
Consumer

Major players covered
TTI
Stanley Black & Decker
Bosch
Makita
HiKOKI
Hilti
Snap-on Incorporated
Dongcheng
Festool
CHERVON
C. & E. Fein
Emerson
Jiangsu Jinding
Positec Group
KEN
Zhejiang Boda Industrial
Chicago Pneumatic

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 Cordless Power Tools product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Cordless Power Tools, with price, sales quantity, revenue, and global market share of Cordless Power Tools from 2020 to 2025.

Chapter 3, the Cordless Power Tools competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Cordless Power Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.

Chapter 5 and 6, to segment the sales by Type and by End Users, with sales market share and growth rate by Type, by End Users, from 2020 to 2031.

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 2020 to 2025.and Cordless Power Tools market forecast, by regions, by Type, and by End Users, with sales and revenue, from 2026 to 2031.

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 Cordless Power Tools.

Chapter 14 and 15, to describe Cordless Power Tools sales channel, distributors, customers, research findings and conclusion.