Global Power Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Power Tools Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

A power tool is a tool that is actuated by an additional power source and mechanism other than the solely manual labor used with hand tools. The most common types of power tools use electric motors. Internal combustion engines and compressed air are also commonly used. Other power sources include steam engines, direct burning of fuels and propellants, or even natural power sources like wind or moving water. Tools directly driven by animal power are not generally considered power tools. Power tools are used in industry, in construction, in the garden, for housework tasks such as cooking, cleaning, and around the house for purposes of driving (fasteners), drilling, cutting, shaping, sanding, grinding, routing, polishing, painting, heating and more. Power tools are classified as either stationary or portable, where portable means hand-held. Portable power tools have obvious advantages in mobility. Stationary power tools however often have advantages in speed and accuracy, and some stationary power tools can produce objects that cannot be made in any other way. Stationary power tools for metalworking are usually called machine tools. The term machine tool is not usually applied to stationary power tools for woodworking, although such usage is occasionally heard, and in some cases, such as drill presses and bench grinders, exactly the same tool is used for both woodworking and metalworking.

According to our (Global Info Research) latest study, the global Power Tools market size was valued at US$ 36730 million in 2023 and is forecast to a readjusted size of USD 52770 million by 2030 with a CAGR of 5.4% during review period.

At present, the major players of Power Tools in the world include: Stanley Black & Decker (DeWalt), Bosch, TTI, Makita, HiKOKI, Hilti, Einhell, Snap-on, Chevron Group and Festool, among which Stanley Black & Decker (DeWalt) is the world’s largest Power Tools manufacturer, its market share is about 21%.

North America holds a big market share of the Power Tools market and accounted for over 33% of the global revenue share.

The classification of Power Tools include Electric Power Tools, Pneumatic Power Tools and Hydraulic and other power tool. The market share of Power Tools is about 77%.

Power Tools" application are Residential Applications, Construction, Industry, Gardening and Others. The most proportion of Industry are 37% market shares.

This report is a detailed and comprehensive analysis for global 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 2024, are provided.

Key Features:

Global Power Tools market size and forecasts, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030

Global Power Tools market size and forecasts by region and country, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030

Global Power Tools market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (M Units), and average selling prices (USD/Unit), 2019-2030

Global Power Tools market shares of main players, shipments in revenue ($ Million), sales quantity (M Units), and ASP (USD/Unit), 2019-2024

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 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 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 Stanley Black & Decker (DeWalt), Bosch, TTI, Makita, HiKOKI, Hilti, Einhell, Snap-on, Chevron Group, Festool, etc.

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

Market Segmentation

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. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Electric Power Tools
Pneumatic Power Tools
Hydraulic and other power tool

Market segment by Application
Residential
Construction
Industrials
Gardening
Other

Major players covered
Stanley Black & Decker (DeWalt)
Bosch
TTI
Makita
HiKOKI
Hilti
Einhell
Snap-on
Chevron Group
Festool
Apex Tool Group
Dongcheng
C. & E. Fein
Zhejiang Crown
Positec Group
Jiangsu Jinding
KEN

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

Chapter 2, to profile the top manufacturers of Power Tools, with price, sales quantity, revenue, and global market share of Power Tools from 2019 to 2024.

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

Chapter 4, the 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Power Tools market forecast, by regions, by Type, and by 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 Power Tools.

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