Power Tools Market
Power Tools Market - Global Industry Assessment & Forecast
Segments Covered
- By Tool Type Drilling & Fastening Tools, Demolition Tools, Sawing & Cutting Tools, Material Removal Tools, Routing Tools, Other Tool Types
- By Mode of Operation Electric, Pneumatic, Hydraulic
- By Application Industrial/Professional, Residential/DIY
- By Region North America, Asia Pacific, Europe, Latin America, Middle East & Africa
Snapshot
Base Year: | 2023 |
Forecast Years: | 2024 - 2032 |
Historical Years: | 2018 - 2022 |
Revenue 2023: | USD 34.7 Billion |
Revenue 2032: | USD 63.6 Billion |
Revenue CAGR (2024 - 2032): | 7% |
Fastest Growing Region (2024 - 2032) | North America |
Largest Region (2023): | Asia Pacific |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
Power Tools Market Segment Analysis
- Power Tools Tool Type Outlook (Revenue, USD Million, 2018 - 2030)
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Power Tools Mode of Operation Outlook (Revenue, USD Million, 2018 - 2030)
- Electric
- Pneumatic
- Hydraulic
- Power Tools Application Outlook (Revenue, USD Million, 2018 - 2030)
- Industrial/Professional
- Residential/DIY
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
-
North America Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
-
North America Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- U.S.
- U.S. Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- U.S. Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- U.S. Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- U.S. Power Tools Market, by Tool Type
- Canada
- Canada Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Canada Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Canada Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Canada Power Tools Market, by Tool Type
-
Mexico
- Mexico Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Mexico Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Mexico Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Mexico Power Tools Market, by Tool Type
-
North America Power Tools Market, by Tool Type
- Europe
-
Europe Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
-
Europe Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
-
Europe Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- U. K.
- U.K. Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- U.K. Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- U.K. Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- U.K. Power Tools Market, by Tool Type
- France
- France Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- France Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- France Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- France Power Tools Market, by Tool Type
-
Germany
- Germany Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Germany Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Germany Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Germany Power Tools Market, by Tool Type
-
Italy
- Italy Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Italy Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Italy Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Italy Power Tools Market, by Tool Type
-
Spain
- Spain Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Spain Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Spain Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Spain Power Tools Market, by Tool Type
-
Rest of Europe
- Rest of Europe Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Rest of Europe Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Rest of Europe Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Rest of Europe Power Tools Market, by Tool Type
-
Europe Power Tools Market, by Tool Type
- Asia Pacific
-
Asia Pacific Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
-
Asia Pacific Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
-
Asia Pacific Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- China
- China Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- China Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- China Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- China Power Tools Market, by Tool Type
- Japan
- Japan Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Japan Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Japan Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Japan Power Tools Market, by Tool Type
-
Germany
- Germany Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Germany Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Germany Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Germany Power Tools Market, by Tool Type
-
India
- India Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- India Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- India Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- India Power Tools Market, by Tool Type
-
South Korea
- South Korea Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- South Korea Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- South Korea Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- South Korea Power Tools Market, by Tool Type
-
South East Asia
- South East Asia Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- South East Asia Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- South East Asia Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- South East Asia Power Tools Market, by Tool Type
-
Rest of Asia Pacific
- Rest of Asia Pacific Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Rest of Asia Pacific Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Rest of Asia Pacific Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Rest of Asia Pacific Power Tools Market, by Tool Type
-
Asia Pacific Power Tools Market, by Tool Type
- Latin America
-
Latin America Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
-
Latin America Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
-
Latin America Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Brazil
- Brazil Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Brazil Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Brazil Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Brazil Power Tools Market, by Tool Type
- Argentina
- Argentina Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Argentina Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Argentina Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Argentina Power Tools Market, by Tool Type
-
Rest of Latin America
- Rest of Latin America Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Rest of Latin America Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Rest of Latin America Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Rest of Latin America Power Tools Market, by Tool Type
-
Latin America Power Tools Market, by Tool Type
- Middle East & Africa
-
Middle East & Africa Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
-
Middle East & Africa Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
-
Middle East & Africa Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- GCC Countries
- GCC Countries Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- GCC Countries Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- GCC Countries Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- GCC Countries Power Tools Market, by Tool Type
- South Africa
- South Africa Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- South Africa Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- South Africa Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- South Africa Power Tools Market, by Tool Type
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Power Tools Market, by Tool Type
- Drilling & Fastening Tools
- Demolition Tools
- Sawing & Cutting Tools
- Material Removal Tools
- Routing Tools
- Other Tool Types
- Rest of Middle East & Africa Power Tools Market, by Mode of Operation
- Electric
- Pneumatic
- Hydraulic
- Rest of Middle East & Africa Power Tools Market, by Application
- Industrial/Professional
- Residential/DIY
- Rest of Middle East & Africa Power Tools Market, by Tool Type
-
Middle East & Africa Power Tools Market, by Tool Type
- North America
FAQ
Frequently Asked Question
What is the global demand for Power Tools in terms of revenue?
-
The global Power Tools valued at USD 34.7 Billion in 2023 and is expected to reach USD 63.6 Billion in 2032 growing at a CAGR of 7%.
Which are the prominent players in the market?
-
The prominent players in the market are Robert Bosch GmbH (Germany), Hilti Corp. (Liechtenstein), Emerson Electric Co. (U.S.), Ingersoll Rand Inc. (U.S.), Stanley Black & Decker Inc. (U.S.), Techtronic Industries Company Ltd. (Hong Kong), Koki Holdings Co. Ltd. (Japan), Makita Corp. (Japan), Atlas Copco (Sweden), Apex Tool Group (U.S.), Snap-on Inc. (U.S.), Andreas Stihl AG & Co. KG (Germany).
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7% between 2024 and 2032.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Power Tools include
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Power Tools in 2023.