Global Lithium Battery Power Tools Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

Global Lithium Battery Power Tools Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

According to our (Global Info Research) latest study, the global Lithium Battery Power Tools market size was valued at USD 12720 million in 2022 and is forecast to a readjusted size of USD 21400 million by 2029 with a CAGR of 7.7% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

CHERVON is the largest manufacturers of Lithium Battery Power Tools in the world, has a share over 20%. Other players include Dongcheng, TTI, Bosch, etc. China dominates the global market for lithium battery power tools, occupying for the global market share of about 60% in terms of production, with North America also an important production region. In terms of product type, drill is the largest segment, with a share about 36%. In terms of product application, the largest application is commercial, with a share about 60%, followed by household.

The batteries of Power Tools mainly include nickel-cadmium, nickel-hydrogen batteries and lithium-ion batteries, among which lithium-ion batteries occupy an absolute dominant position, and the penetration rate continues to increase. Due to the high rate discharge and high energy density requirements of power tools, they are basically monopolized by the ternary battery system at present.

Lithium battery power tools refer to electric tools equipped with lithium batteries.

This report is a detailed and comprehensive analysis for global Lithium Battery Power Tools market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. 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 2023, are provided.

Key Features:

Global Lithium Battery Power Tools market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029

Global Lithium Battery Power Tools market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029

Global Lithium Battery Power Tools market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (USD/Unit), 2018-2029

Global Lithium Battery Power Tools market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (USD/Unit), 2018-2023

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 Lithium Battery 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 Lithium Battery Power Tools market based on the following parameters - company overview, production, value, 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 and HiKOKI, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Market Segmentation

Lithium Battery Power Tools market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application 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 Application
Household
Commercial

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

Chapter 2, to profile the top manufacturers of Lithium Battery Power Tools, with price, sales, revenue and global market share of Lithium Battery Power Tools from 2018 to 2023.

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

Chapter 4, the Lithium Battery Power Tools breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.

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 2022.and Lithium Battery Power Tools market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.

Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.

Chapter 13, the key raw materials and key suppliers, and industry chain of Lithium Battery Power Tools.

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