Cordless Power Tool Global Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type

Cordless Power Tool Market Review 2025

The cordless power tool market has witnessed exponential growth in recent years, driven by the increasing demand for efficient and convenient tools in both professional and consumer segments. As of 2025, the global cordless power tool market is projected to grow at a compound annual growth rate (CAGR) of approximately 5.5%, with an estimated market size of USD 34 billion, and is expected to reach around USD 45 billion by 2030.

In 2025, the cordless power tool market was valued at approximately USD 22 billion. The continual advancements in battery technologies, such as Lithium-ion, are facilitating the growth of this market. The growth opportunities are being propelled by the rising home improvement trend, evolving DIY culture, and the increasing preference for lightweight, portable tools.

The market dynamics signify changes in preferences among both professional and consumer segments. The analysis reveals key trends as follows:

• Drills account for approximately 30% of the market share, evidenced by their versatility in various applications.
• Screwdrivers represent roughly 20% of the market, with significant use in construction and manufacturing sectors.
• Angle grinders and hammers collectively hold around 15-20% market share, demonstrating robustness in industrial applications.
• Wrenches and saws contribute about 10-15% each.

The competitive landscape comprises several prominent players, including:

• TTI (Techtronic Industries)
• Stanley Black & Decker
• Bosch
• Makita
• HiKOKI (previously known as Hitachi Koki)
• Hilti
• Snap-on Incorporated
• Dongcheng
• Festool
• CHERVON
• C. & E. Fein
• Emerson
• Jiangsu Jinding
• Positec Group
• KEN
• Zhejiang Boda Industrial
• Chicago Pneumatic

Across various processes, the market segments can be categorized into:

• Battery-powered tools, dominating with a share of around 70% due to growing preferences for cordless functionality.
• Pneumatic tools capturing nearly 15%, particularly in industrial applications.
• Other powered tools making up the remaining 15%.

The application segments entail:

• Professional use, which constitutes around 60% of the total market.
• Consumer use representing 40%, significantly driven by the increasing DIY trend.

End-use applications are diverse, including sectors like:

• Construction - about 35% of the market share.
• Automotive - roughly 25%.
• Manufacturing - 20%.
• Home Improvement - around 20%.

Geographical segmentation illustrates significant demand across:

• North America - 30% market share
• Europe - 25%
• Asia-Pacific - 35%, driven by rapid urbanization and industrialization.
• Latin America - 5%
• Middle East & Africa - 5%

Recent policies favoring green technologies and sustainable practices are influencing market dynamics. Companies are investing in R&D for eco-friendly battery technology and expanding their product lines.

For instance, Stanley Black & Decker announced a commitment to sustainability, targeting a reduction in carbon emissions by 2030. Meanwhile, TTI has expanded its Lithium-ion battery range, enhancing performance and reducing charging times, which further invigorates market growth.

Forecast for the upcoming years indicates consistent growth in the cordless power tool market, with significant expansions in regions like Asia-Pacific, where the market is projected to grow by 7%-10% CAGR. Professional tools are expected to dominate due to increasing residential and commercial construction activities, while consumer segments will also see a burgeoning increase amid rising DIY trends.