List of Contents

Power Tools Market Size, Share, and Trends 2024 to 2034

The global power tools market size was USD 31.84 billion in 2023, estimated at USD 34.14 billion in 2024 and is anticipated to reach around USD 68.04 billion by 2034, expanding at a CAGR of 7.1% from 2024 to 2034.

  • Last Updated : August 2024
  • Report Code : 4263
  • Category : Machinery and Equipment

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Power Tools Market 

5.1. COVID-19 Landscape: Power Tools Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Power Tools Market, By Product

8.1. Power Tools Market Revenue and Volume, by Product, 2024-2034

8.1.1 Drills

8.1.1.1. Market Revenue and Volume Forecast (2021-2034)

8.1.2. Saws

8.1.2.1. Market Revenue and Volume Forecast (2021-2034)

8.1.3. Wrenches

8.1.3.1. Market Revenue and Volume Forecast (2021-2034)

8.1.4. Grinders

8.1.4.1. Market Revenue and Volume Forecast (2021-2034)

8.1.5. Sanders

8.1.5.1. Market Revenue and Volume Forecast (2021-2034)

8.1.6. Others

8.1.6.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 9. Global Power Tools Market, By Mode of Operation

9.1. Power Tools Market Revenue and Volume, by Mode of Operation, 2024-2034

9.1.1. Electric

9.1.1.1. Market Revenue and Volume Forecast (2021-2034)

9.1.2. Pneumatic

9.1.2.1. Market Revenue and Volume Forecast (2021-2034)

9.1.3. Others

9.1.3.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 10. Global Power Tools Market, By Application 

10.1. Power Tools Market Revenue and Volume, by Application, 2024-2034

10.1.1. Industrial

10.1.1.1. Market Revenue and Volume Forecast (2021-2034)

10.1.2. Residential

10.1.2.1. Market Revenue and Volume Forecast (2021-2034)

Chapter 11. Global Power Tools Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.1.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.1.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.1.4. U.S.

11.1.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.1.4.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.1.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.1.5.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.1.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2. Europe

11.2.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.2.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.2.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2.4. UK

11.2.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.2.4.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.2.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2.5. Germany

11.2.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.2.5.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.2.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2.6. France

11.2.6.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.2.6.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.2.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.2.7.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.2.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3. APAC

11.3.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.3.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.3.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3.4. India

11.3.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.3.4.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.3.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3.5. China

11.3.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.3.5.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.3.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3.6. Japan

11.3.6.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.3.6.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.3.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.3.7.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.3.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4. MEA

11.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.4.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4.4. GCC

11.4.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.4.4.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.4.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4.5. North Africa

11.4.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.4.5.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.4.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4.6. South Africa

11.4.6.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.4.6.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.4.6.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.4.7.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.4.7.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.5. Latin America

11.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.5.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.5.4. Brazil

11.5.4.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.5.4.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.5.4.3. Market Revenue and Volume Forecast, by Application (2021-2034)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Volume Forecast, by Product (2021-2034)

11.5.5.2. Market Revenue and Volume Forecast, by Mode of Operation (2021-2034)

11.5.5.3. Market Revenue and Volume Forecast, by Application (2021-2034)

Chapter 12. Company Profiles

12.1. Techtronic Industries Co., Ltd.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. Snap-On, Inc.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Robert Bosch GmbH

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Panasonic Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Emerson Electric Co.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Koki Atlas Copco AB

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Holdings Co., Ltd.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Makita Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Stanley Black & Decker, Inc.

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Apex Tool Group, LLC

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global power tools market size is expected to increase USD 68.04 billion by 2034 from USD 31.84 billion in 2023.

The global power tools market will register growth rate of 7.1% between 2024 and 2034.

The major players operating in the power tools market are Techtronic Industries Co., Ltd., Snap-On, Inc., Robert Bosch GmbH, Panasonic Corporation, Emerson Electric Co., Atlas Copco AB, Koki Holdings Co., Ltd., Makita Corporation, Stanley Black & Decker, Inc., Apex Tool Group, LLC, and Others.

The driving factor of the power tools market is the rising construction activities in developing regions.

Asia Pacific region will lead the global power tools market during the forecast period 2024 to 2034.

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