Skip to searchSkip to main content
Uniprism Market Research

SEMICONDUCTOR & ELECTRONICS

Global Power Tools Market - Industry Trends and Forecast to 2032

Request Free Sample

​REPORT OVERVIEW

Global Power Tools Market, By Type (Sawing and Cutting, Fastening, Demolition, Routing, Portable Nibblers, Air-Powered, Material Removal), Product  (Drills, Saws, Wrenches, Grinders, Sanders, Others), Mode of Operation (Electric, Corded, Cordless, Liquid Fuel Hydraulic, Pneumatic, Powder-Actuated), Mobility  (Stationery, Portable), Application  (Concrete and Construction, Woodworking, Metalworking, Welding, Others), Power Sources (Corded Power Tools, Cordless Power Tools, Pneumatic (air) Power Tools, Gasoline-powered Tools), Material (Concrete, Wood/Metal, Brick/Block, Glass, Others), Sales Channel (Indirect Sales, Direct Sales), End-User Industry (Construction Industry, Woodworking Industry, Metalworking Industry, Automotive Industry, DIY/Home Improvement), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.

Market Insights
The global power tools market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.

Power tools are mechanical instruments made to carry out tasks more accurately and efficiently than hand tools. These multipurpose tools can be driven by compressed air, electricity, or batteries and are employed in a variety of industries such as building, metallurgy, woodworking, and home renovation. Power tools that are frequently used include screwdrivers, drills, saws, grinders, and sanders. The power tools market includes the production, distribution, and sale of these instruments to a wide range of end users, including construction and manufacturing professionals and DIY enthusiasts. This market includes a broad spectrum of goods, from sophisticated, specialist equipment for industrial uses to simple household tools. Technological developments, growth in construction activity, and the growing popularity of do-it-yourself projects are the main factors propelling the industry.

The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
  • Rising infrastructure development projects globally.
  • Growing demand from emerging markets.
RESTRAINTS
  • High cost of advanced power tools.
  • Availability of low-cost manual tools
OPPORTUNITIES
  • Growing e-commerce and online sales channels.
  • Increasing focus on sustainable and eco-friendly power tools.
CHALLENGES
  • Volatility in raw material prices.
  • Compliance with stringent government regulations.

​SEGMENTATION

  • Type
    • Sawing and Cutting
    • Fastening
    • Demolition
    • Routing
    • Portable Nibblers
    • Air-Powered
    • Material Removal
  • Product 
    • Drills
    • Saws
    • Wrenches
    • Grinders
    • Sanders
    • Others
  • Mode of Operation
    • Electric
    • Corded
    • Cordless
    • Liquid Fuel Hydraulic
    • Pneumatic
    • Powder-Actuated
  • Mobility 
    • Stationery
    • Portable 
  • Application 
    • Concrete and Construction
    • Woodworking
    • Metalworking
    • Welding
    • Others
  • Power Sources
    • Corded Power Tools
    • Cordless Power Tools
    • Pneumatic (air) Power Tools
    • Gasoline-powered Tools
  • Material
    • Concrete
    • Wood/Metal
    • Brick/Block
    • Glass
    • Others
  • Sales Channel
    • Indirect Sales
    • Direct Sales
  • End-User Industry
    • Construction Industry
    • Woodworking Industry
    • Metalworking Industry
    • Automotive Industry
    • DIY/Home Improvement
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, and segments as per the client requirements.
REGIONAL SEGMENTATION
  • North America
    • U.S.
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • The Netherlands
    • Belgium
    • Turkey
    • Rest of Europe
  • Asia-Pacific
    • China
    • India
    • Japan
    • South Korea
    • Singapore
    • Malaysia
    • Australia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific
  • South America
    • Brazil
    • Argentina
    • Chile
    • Colombia
    • Rest of South America
  • Middle East and Africa
    • Kingdom of Saudi Arabia
    • South Africa
    • U.A.E.
    • Egypt
    • Rest of Middle East and Africa

​KEY MARKET PLAYERS

  • Stanley Black & Decker Inc.
  • Robert Bosch GmbH
  • Techtronic Industries Co. Ltd.
  • Makita Corporation
  • Hilti Corporation
  • Atlas Copco AB
  • Snap-on Incorporated
  • Hitachi Koki Co. Ltd.
  • Emerson Electric Co.
  • Metabo AG

​Table OF CONTENTS

  • SECTION 1 - INTRODUCTION
  • 1.1 Taxonomy
  • 1.2 Market Overview
  • 1.3 Currency and Limitations
  •   1.3.1 Currency
  •   1.3.2 Limitations
  • 1.4 Key Competitors

  • SECTION 2 - RESEARCH METHODOLOGY
  • 2.1 Research Approach
  • 2.2 Data Collection and Validation
  •   2.2.1 Secondary Research
  •   2.2.2 Primary Research
  • 2.3 Market Assessment
  •   2.3.1 Market Size Estimation
  •   2.3.2 Bottom-up Approach
  •   2.3.3 Top-down Approach
  •   2.3.4 Growth Forecast
  • 2.4 Market Study Assumptions
  • 2.5 Data Sources

  • SECTION 3 - EXECUTIVE SUMMARY
  • 3.1 Global Power Tools Market, by Type
  • 3.2 Global Power Tools Market, by Product
  • 3.3 Global Power Tools Market, by Mode of Operation
  • 3.4 Global Power Tools Market, by Mobility
  • 3.5 Global Power Tools Market, by Application
  • 3.6 Global Power Tools Market, by Power Sources
  • 3.7 Global Power Tools Market, by Material
  • 3.8 Global Power Tools Market, by Sales Channel
  • 3.9 Global Power Tools Market, by End-User Industry
  • 3.10 Global Power Tools Market, by Geography
  • 3.11 Market Position Grid

  • SECTION 4 - PREMIUM INSIGHTS
  • 4.1 Regulatory Framework
  •   4.1.1 Standards
  •   4.1.2 Regulatory Landscape
  • 4.2 Value Chain Analysis
  • 4.3 Supply Chain Analysis
  • 4.4 COVID-19 Impact
  • 4.5 Russia-Ukraine War Impact
  • 4.6 PORTER's Five Force Analysis
  • 4.7 PESTLE Analysis
  • 4.8 SWOT Analysis
  • 4.9 Go to Market Strategy
  • 4.10 Opportunity Orbit
  • 4.11 Multivariate Modelling
  • 4.12 Pricing Analysis

  • SECTION 5 - MARKET DYNAMICS
  • 5.1 Trends
  •   5.1.1 Integration of smart technologies and IoT in power tools.
  •   5.1.2 Technological advancements leading to new product innovations.
  •   5.1.3 Trend 3
  • 5.2 Drivers
  •   5.2.1 Rising infrastructure development projects globally.
  •   5.2.2 Growing demand from emerging markets.
  •   5.2.3 Driver 3
  •   5.2.4 Driver 4
  • 5.3 Restraints
  •   5.3.1 High cost of advanced power tools.
  •   5.3.2 Availability of low-cost manual tools.
  •   5.3.3 Restraint 3
  • 5.4 Opportunities
  •   5.4.1 Growing e-commerce and online sales channels.
  •   5.4.2 Increasing focus on sustainable and eco-friendly power tools.
  •   5.4.3 Opportunity 3
  •   5.4.4 Opportunity 4
  • 5.5 Challenges
  •   5.5.1 Volatility in raw material prices.
  •   5.5.2 Compliance with stringent government regulations.
  •   5.5.3 Challenge 3

  • SECTION 6 - GLOBAL POWER TOOLS MARKET, BY TYPE
  • 6.1 Type Summary
  • 6.2 Market Attractive Index
  • 6.3 Global Power Tools Market, by Type (2019-2032)

  • SECTION 7 - GLOBAL POWER TOOLS MARKET, BY PRODUCT
  • 7.1 Product  Summary
  • 7.2 Market Attractive Index
  • 7.3 Global Power Tools Market, by Product  (2019-2032)

  • SECTION 8 - GLOBAL POWER TOOLS MARKET, BY MODE OF OPERATION
  • 8.1 Mode of Operation Summary
  • 8.2 Market Attractive Index
  • 8.3 Global Power Tools Market, by Mode of Operation (2019-2032)

  • SECTION 9 - GLOBAL POWER TOOLS MARKET, BY MOBILITY
  • 9.1 Mobility  Summary
  • 9.2 Market Attractive Index
  • 9.3 Global Power Tools Market, by Mobility  (2019-2032)

  • SECTION 10 - GLOBAL POWER TOOLS MARKET, BY APPLICATION
  • 10.1 Application  Summary
  • 10.2 Market Attractive Index
  • 10.3 Global Power Tools Market, by Application  (2019-2032)

  • SECTION 11 - GLOBAL POWER TOOLS MARKET, BY POWER SOURCES
  • 11.1 Power Sources Summary
  • 11.2 Market Attractive Index
  • 11.3 Global Power Tools Market, by Power Sources (2019-2032)

  • SECTION 12 - GLOBAL POWER TOOLS MARKET, BY MATERIAL
  • 12.1 Material Summary
  • 12.2 Market Attractive Index
  • 12.3 Global Power Tools Market, by Material (2019-2032)

  • SECTION 13 - GLOBAL POWER TOOLS MARKET, BY SALES CHANNEL
  • 13.1 Sales Channel Summary
  • 13.2 Market Attractive Index
  • 13.3 Global Power Tools Market, by Sales Channel (2019-2032)

  • SECTION 14 - GLOBAL POWER TOOLS MARKET, BY END-USER INDUSTRY
  • 14.1 End-User Industry Summary
  • 14.2 Market Attractive Index
  • 14.3 Global Power Tools Market, by End-User Industry (2019-2032)

  • SECTION 15 - GLOBAL POWER TOOLS MARKET, BY GEOGRAPHY
  • 15.1 Regional Summary
  • 15.2 Market Attractive Index
  • 15.3 Global Power Tools Market, by Geography (2019-2032)

  • SECTION 16 - NORTH AMERICA POWER TOOLS MARKET
  • 16.1 North America Summary
  • 16.2 Market Attractive Index
  • 16.3 North America Power Tools Market, by Type (2019-2032)
  • 16.4 North America Power Tools Market, by Product  (2019-2032)
  • 16.5 North America Power Tools Market, by Mode of Operation (2019-2032)
  • 16.6 North America Power Tools Market, by Mobility  (2019-2032)
  • 16.7 North America Power Tools Market, by Application  (2019-2032)
  • 16.8 North America Power Tools Market, by Power Sources (2019-2032)
  • 16.9 North America Power Tools Market, by Material (2019-2032)
  • 16.10 North America Power Tools Market, by Sales Channel (2019-2032)
  • 16.11 North America Power Tools Market, by End-User Industry (2019-2032)
  • 16.12 North America Power Tools Market, by Country (2019-2032)
  •   16.12.1 U.S.
  •   16.12.2 Canada
  •   16.12.3 Mexico
  •   16.12.4 Rest of North America

  • SECTION 17 - EUROPE POWER TOOLS MARKET
  • 17.1 Europe Summary
  • 17.2 Market Attractive Index
  • 17.3 Europe Power Tools Market, by Type (2019-2032)
  • 17.4 Europe Power Tools Market, by Product  (2019-2032)
  • 17.5 Europe Power Tools Market, by Mode of Operation (2019-2032)
  • 17.6 Europe Power Tools Market, by Mobility  (2019-2032)
  • 17.7 Europe Power Tools Market, by Application  (2019-2032)
  • 17.8 Europe Power Tools Market, by Power Sources (2019-2032)
  • 17.9 Europe Power Tools Market, by Material (2019-2032)
  • 17.10 Europe Power Tools Market, by Sales Channel (2019-2032)
  • 17.11 Europe Power Tools Market, by End-User Industry (2019-2032)
  • 17.12 Europe Power Tools Market, by Country (2019-2032)
  •   17.12.1 Germany
  •   17.12.2 U.K.
  •   17.12.3 France
  •   17.12.4 Italy
  •   17.12.5 Spain
  •   17.12.6 Russia
  •   17.12.7 The Netherlands
  •   17.12.8 Belgium
  •   17.12.9 Turkey
  •   17.12.10 Rest of Europe

  • SECTION 18 - ASIA-PACIFIC POWER TOOLS MARKET
  • 18.1 Asia-Pacific Summary
  • 18.2 Market Attractive Index
  • 18.3 Asia-Pacific Power Tools Market, by Type (2019-2032)
  • 18.4 Asia-Pacific Power Tools Market, by Product  (2019-2032)
  • 18.5 Asia-Pacific Power Tools Market, by Mode of Operation (2019-2032)
  • 18.6 Asia-Pacific Power Tools Market, by Mobility  (2019-2032)
  • 18.7 Asia-Pacific Power Tools Market, by Application  (2019-2032)
  • 18.8 Asia-Pacific Power Tools Market, by Power Sources (2019-2032)
  • 18.9 Asia-Pacific Power Tools Market, by Material (2019-2032)
  • 18.10 Asia-Pacific Power Tools Market, by Sales Channel (2019-2032)
  • 18.11 Asia-Pacific Power Tools Market, by End-User Industry (2019-2032)
  • 18.12 Asia-Pacific Power Tools Market, by Country (2019-2032)
  •   18.12.1 China
  •   18.12.2 India
  •   18.12.3 Japan
  •   18.12.4 South Korea
  •   18.12.5 Singapore
  •   18.12.6 Malaysia
  •   18.12.7 Australia
  •   18.12.8 Thailand
  •   18.12.9 Philippines
  •   18.12.10 Rest of Asia-Pacific

  • SECTION 19 - SOUTH AMERICA POWER TOOLS MARKET
  • 19.1 South America Summary
  • 19.2 Market Attractive Index
  • 19.3 South America Power Tools Market, by Type (2019-2032)
  • 19.4 South America Power Tools Market, by Product  (2019-2032)
  • 19.5 South America Power Tools Market, by Mode of Operation (2019-2032)
  • 19.6 South America Power Tools Market, by Mobility  (2019-2032)
  • 19.7 South America Power Tools Market, by Application  (2019-2032)
  • 19.8 South America Power Tools Market, by Power Sources (2019-2032)
  • 19.9 South America Power Tools Market, by Material (2019-2032)
  • 19.10 South America Power Tools Market, by Sales Channel (2019-2032)
  • 19.11 South America Power Tools Market, by End-User Industry (2019-2032)
  • 19.12 South America Power Tools Market, by Country (2019-2032)
  •   19.12.1 Brazil
  •   19.12.2 Argentina
  •   19.12.3 Chile
  •   19.12.4 Colombia
  •   19.12.5 Rest of South America

  • SECTION 20 - MIDDLE EAST AND AFRICA POWER TOOLS MARKET
  • 20.1 Middle East and Africa Summary
  • 20.2 Market Attractive Index
  • 20.3 Middle East and Africa Power Tools Market, by Type (2019-2032)
  • 20.4 Middle East and Africa Power Tools Market, by Product  (2019-2032)
  • 20.5 Middle East and Africa Power Tools Market, by Mode of Operation (2019-2032)
  • 20.6 Middle East and Africa Power Tools Market, by Mobility  (2019-2032)
  • 20.7 Middle East and Africa Power Tools Market, by Application  (2019-2032)
  • 20.8 Middle East and Africa Power Tools Market, by Power Sources (2019-2032)
  • 20.9 Middle East and Africa Power Tools Market, by Material (2019-2032)
  • 20.10 Middle East and Africa Power Tools Market, by Sales Channel (2019-2032)
  • 20.11 Middle East and Africa Power Tools Market, by End-User Industry (2019-2032)
  • 20.12 Middle East and Africa Power Tools Market, by Country (2019-2032)
  •   20.12.1 Kingdom of Saudi Arabia
  •   20.12.2 South Africa
  •   20.12.3 U.A.E.
  •   20.12.4 Egypt
  •   20.12.5 Rest of Middle East and Africa

  • SECTION 21 - COMPANY SHARE ANALYSIS
  • 21.1 Global Power Tools Market, Company Share Analysis
  • 21.2 North America Power Tools Market, Company Share Analysis
  • 21.3 Europe Power Tools Market, Company Share Analysis
  • 21.4 Asia-Pacific Power Tools Market, Company Share Analysis

  • SECTION 22 - COMPANY PROFILES
  • 22.1 Stanley Black & Decker Inc.
  •   22.1.1 Company Snapshot
  •   22.1.2 Financial Overview
  •   22.1.3 Product Portfolio
  •   22.1.4 Recent Developments
  • 22.2 Robert Bosch GmbH
  •   22.2.1 Company Snapshot
  •   22.2.2 Financial Overview
  •   22.2.3 Product Portfolio
  •   22.2.4 Recent Developments
  • 22.3 Techtronic Industries Co. Ltd.
  •   22.3.1 Company Snapshot
  •   22.3.2 Financial Overview
  •   22.3.3 Product Portfolio
  •   22.3.4 Recent Developments
  • 22.4 Makita Corporation
  •   22.4.1 Company Snapshot
  •   22.4.2 Financial Overview
  •   22.4.3 Product Portfolio
  •   22.4.4 Recent Developments
  • 22.5 Hilti Corporation
  •   22.5.1 Company Snapshot
  •   22.5.2 Financial Overview
  •   22.5.3 Product Portfolio
  •   22.5.4 Recent Developments
  • 22.6 Atlas Copco AB
  •   22.6.1 Company Snapshot
  •   22.6.2 Financial Overview
  •   22.6.3 Product Portfolio
  •   22.6.4 Recent Developments
  • 22.7 Snap-on Incorporated
  •   22.7.1 Company Snapshot
  •   22.7.2 Financial Overview
  •   22.7.3 Product Portfolio
  •   22.7.4 Recent Developments
  • 22.8 Hitachi Koki Co. Ltd.
  •   22.8.1 Company Snapshot
  •   22.8.2 Financial Overview
  •   22.8.3 Product Portfolio
  •   22.8.4 Recent Developments
  • 22.9 Emerson Electric Co.
  •   22.9.1 Company Snapshot
  •   22.9.2 Financial Overview
  •   22.9.3 Product Portfolio
  •   22.9.4 Recent Developments
  • 22.10 Metabo AG
  •   22.10.1 Company Snapshot
  •   22.10.2 Financial Overview
  •   22.10.3 Product Portfolio
  •   22.10.4 Recent Developments

  • SECTION 23 - RELATED REPORTS

  • SECTION 24 - DISCLAIMER

​RESEARCH METHODOLOGY

The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.

Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.

The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.

Below mention are few of the sources which we have considered while estimating the market size:
For instance,
  • Research articles published on Technium
  • Science and MDPI
  • Research publications by government approved associations and societies

Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING

The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.

MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.

Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.

We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT

Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.

Choose License Type

  • $3599
    $4799
    $5899
    $7499