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

Electric Cutting Tool Market Overview

The global electric cutting tool market is projected to witness significant growth from 2025 to 2030, driven by increasing demand from both professional and non-professional users. The market is expected to grow at a compound annual growth rate (CAGR) of 5.2% to 6.8% during the forecast period. This growth is attributed to advancements in technology, rising construction activities, and the growing popularity of DIY (Do-It-Yourself) projects.

Market Size and Share Analysis

In 2025, the global electric cutting tool market is estimated to be valued at approximately $8.5 billion. By 2030, the market is expected to reach $11.2 billion, reflecting a steady increase in demand. The market is segmented by product type, process, application, end-use, and region.

By Product Type

• Corded Electric Cutting Tools: These tools are expected to hold a market share of 45% to 50% in 2025, driven by their reliability and consistent power supply.
• Cordless Electric Cutting Tools: The cordless segment is anticipated to grow at a faster rate, with a CAGR of 6.5% to 7.5%, owing to the convenience and portability they offer.

By Key Players

The market is highly competitive, with key players such as Keystone Electronics, Sioux Tools, Black & Decker, Makita Corp., Ryobi, Skil Corp, Milwaukee Tool, Hitachi Koki, and Bosch dominating the landscape. These companies are focusing on innovation, product development, and strategic partnerships to strengthen their market position.

By Process

The market is segmented into various processes, including cutting, grinding, and drilling. The cutting process segment is expected to account for 40% to 45% of the market share in 2025, driven by its widespread application in construction and manufacturing.

By Application

• Professionals: This segment is expected to hold a market share of 60% to 65% in 2025, driven by the increasing demand for high-performance tools in construction and industrial applications.
• Non-professionals: The non-professional segment is anticipated to grow at a CAGR of 5.8% to 6.5%, fueled by the rising popularity of DIY projects and home improvement activities.

By End-Use

The market is segmented by end-use into construction, manufacturing, automotive, and others. The construction sector is expected to dominate the market, accounting for 35% to 40% of the total market share in 2025.

By Region

• North America: The region is expected to hold a market share of 25% to 30% in 2025, driven by the high adoption of advanced cutting tools in the construction and automotive sectors.
• Europe: Europe is anticipated to grow at a CAGR of 4.8% to 5.5%, with Germany and the UK being the key contributors.
• Asia-Pacific: This region is expected to witness the highest growth rate, with a CAGR of 7.2% to 8.5%, driven by rapid industrialization and urbanization in countries like China and India.
• Latin America: The market in Latin America is projected to grow at a CAGR of 5.0% to 6.0%, with Brazil being the major market.
• Middle East & Africa: The region is expected to grow at a CAGR of 4.5% to 5.2%, driven by increasing construction activities in the GCC countries.

Market Trends

The electric cutting tool market is witnessing several trends that are shaping its growth:

• Technological Advancements: The integration of IoT and AI in electric cutting tools is enhancing their efficiency and performance, leading to increased adoption.
• Sustainability: There is a growing demand for eco-friendly and energy-efficient cutting tools, prompting manufacturers to develop sustainable products.
• Customization: Manufacturers are offering customized solutions to meet the specific needs of different industries, driving market growth.

Market News on Policy and Companies

Recent developments in the electric cutting tool market include:

• Policy Changes: Governments worldwide are implementing stricter regulations on energy consumption and emissions, pushing manufacturers to develop more energy-efficient tools.
• Company News: Key players like Bosch and Makita Corp. have announced new product launches with advanced features, aiming to capture a larger market share. Black & Decker has entered into strategic partnerships to expand its distribution network.

Segment Forecasts (2025 - 2030)

The electric cutting tool market is expected to witness steady growth across all segments:

• Product Type: The cordless segment is projected to grow at a faster rate, with a CAGR of 6.5% to 7.5%, while the corded segment will maintain a steady growth rate of 4.8% to 5.5%.
• Application: The professional segment is expected to grow at a CAGR of 5.8% to 6.5%, while the non-professional segment will grow at a CAGR of 5.0% to 6.0%.
• Region: Asia-Pacific will continue to dominate the market, with a CAGR of 7.2% to 8.5%, followed by North America and Europe.

Conclusion

The global electric cutting tool market is poised for significant growth from 2025 to 2030, driven by technological advancements, increasing demand from both professional and non-professional users, and the growing popularity of DIY projects. Key players are focusing on innovation and strategic partnerships to strengthen their market position, while governments are implementing policies to promote energy-efficient tools. With a projected CAGR of 5.2% to 6.8%, the market offers lucrative opportunities for stakeholders across the globe.