The India power tools market has been valued at USD 1.85 billion in 2025 and is projected to reach USD 3.8 billion by 2035 at a CAGR of 7.8% during the forecast period.

Metric	Value
Industry Size (2025E)	USD 1.85 billion
Industry Value (2035F)	USD 3.8 billion
CAGR (2025 to 2035)	7.8%

Analyzing India Power Tools Market Analysis by Top Investment Segments

Product Type	CAGR (2025 to 2035)
Impact Wrench	7.4%

Application	CAGR (2025 to 2035)
DIY	8.1%

State-Wise Analysis

Country	CAGR (2025 to 2035)
Uttar Pradesh	8.2%

Country	CAGR (2025 to 2035)
Maharashtra	8.5%

Country	CAGR (2025 to 2035)
Karnataka	8.0%

Country	CAGR (2025 to 2035)
West Bengal	7.6%

Country	CAGR (2025 to 2035)
Madhya Pradesh	7.9%

In 2020, the power tools market size in India was estimated to reach approximately ***** million U.S. dollars. The power tools market size in India was forecast to have continuous growth till the end of the forecast period, reaching over *** billion dollars in 2027, more than doubling from *** million dollars in 2015.

India Power Tools market Size, Share, Trend & Market Analysis By Type, By Distribution Channel, By End User, Competition, Forecast & Opportunities.

In 2020, the power tools market consumption in India was estimated to reach approximately **** million units. The power tools market consumption in the country was estimated to be have continuous growth till the end of the forecast period, reaching over **** million units in 2027, more than double from **** million units in 2015.

In 2024, the Indian power tool market increased by 0.9% to $516M, rising for the fourth year in a row after three years of decline. Over the period under review, consumption enjoyed a prominent increase. Power tool consumption peaked at $555M in 2017; however, from 2018 to 2024, consumption failed to regain momentum.

According to Cognitive Market Research -"Global Power toolsmarket size 2023 was XX Million. The Power toolsIndustry compound annual growth rate (CAGR) was XX% from 2024 till 2031."

Based on type, the drilling and fastening tools segment accounted for a major share in the type segment”. Drills, impact wrenches, impact drivers, screwdrivers, and nut runners are among the most widely used cordless power tools. 
In 2023, the electric mode of operation segment generated the most revenue, accounting for approximately XX%. 
The market's largest contributor, the industrial segment, is anticipated to grow at a compound annual growth rate (CAGR) of XX% during the projected period. The market's largest segment, industrial end-users, is expected to maintain its dominance over the course of the projected period
With a predicted CAGR of XX% throughout the course of the forecast period, North America is expected to hold the largest share of the worldwide Power toolsmarket. 
With growing power tool demand in key nations like China and Japan, the Asia Pacific market is expected to develop at the fastest rate over the projected period

Current scenario of power tools market

Key drivers of the power tools market

Increase in DIY culture leading to increased adoption of Power tools sales

The majority of adults engage in creative and intentional leisure activities in certain developed economies in the US and Europe. Some customers may spend money on home maintenance and repairs, depending on their hobbies. DIY projects are popular hobbies among consumers in France, Germany, Italy, and the UK. South Africa, Brazil, and India are among the developing economies where the idea is gaining traction. Furthermore, homeowners frequently engage in skill-building and improvement projects that are both economical and beneficial. Additionally, DIY projects are offered by hypermarkets, supermarkets, and other specialist retailers like Home Depot, which propels the DIY tool market and ultimately increases demand for cordless power tools. As per the 2023 Global Do-It-Yourself Summit, the way people shop has drastically changed throughout the past two years. E-commerce has grown significantly in the last several years, particularly as millennials and Gen Z enter their prime spending years. Additionally, the COVID-19 pandemic sped up the growth of this retail channel, and although foot traffic to physical stores is increasing, the e-commerce channel has taken on new significance. The DIY and home renovation industries are also being digitalized. Though they have been less affected than other industries, like the fashion industry, do-it-yourself and home improvement also face a digital future(https://diysummit.org/future-digital-home-improvement/)

The growth of the construction industry leads to higher demand for Power tools favors the market growth

The construction sector grows as a result of increased construction activity worldwide. The demand for advanced infrastructure development is being driven by several factors, including the growing population in both established and emerging nations, fast urbanization, and an increase in the number of residential and commercial construction projects. In the construction business, hand and power tools are essential for job performance, according to LibreText Workforce.org. Workers who use power and hand tools must be trained in the safe use of each tool they are required to use because they are exposed to hazards. They also need to be instructed on how to take the appropriate safety measures and to recognize the risks that are involved. For instance, according to the Associated General Contractors (AGC) of America, Inc., construction is a major contributor to the U.S. economy. There were more than 919,000 construction establishments in the U.S. in the first quarter of 2023. In addition, as per the Invest India report, the construction industry in India is expected to reach $1.4 Trillion by 2025. https://www.agc.org/sites/default/files/users/user21902/CT-US%20construction%20fact%20sheet_92023.pdf

Projects about the construction of roads, railroads, airports, electricity, utilities, and residential and commercial structures are all considered forms of infrastructure development. Construction sites use a variety of power tools, including cordless drills, reciprocation saws, circular saws, jigsaws, and demoliti...

In 2020, the power tools market growth rate in India was estimated to be **** percent. The power tools market size in India was forecast to have continuous growth till the end of the forecast period. With such steady compound growth, the market size will be almost doubled from 2016 to 2027.

USD 878.26 Million in 2024; projected USD 1643.81 Million by 2033; CAGR 7.2%.

The report covers Electric power tools: Drills, Electric Screwdrivers, Routers and Planers, Sanders, Saws and Angle Grinders; Pneumatic Power Tools: Buffers, Nailing and Stapling Guns, Grinders, Drills, Jack Hammers, Chipping Hammers, Riveting Guns, Sanders and Wrenches; Hydraulic Power Tools: Hammer; Powder Actuated Power Tools.

The global cordless power tools market size was valued at USD 23.23 billion in 2023. It is estimated to reach USD 48 billion by 2032, growing at a CAGR of 9.5% during the forecast period (2024–2032).
Report Scope:

Report Metric	Details
Market Size in 2023	USD 23.23 Billion
Market Size in 2024	USD 14.63 Billion
Market Size in 2032	USD 48 Billion
CAGR	9.5% (2024-2032)
Base Year for Estimation	2023
Historical Data	2020-2022
Forecast Period	2024-2032
Report Coverage	Revenue Forecast, Competitive Landscape, Growth Factors, Environment & Regulatory Landscape and Trends
Segments Covered	By Tool Type,By Motor Type,By Li-Ion Battery Type,By End-User,By Region.
Geographies Covered	North America, Europe, APAC, Middle East and Africa, LATAM,
Countries Covered	U.S., Canada, U.K., Germany, France, Spain, Italy, Russia, Nordic, Benelux, China, Korea, Japan, India, Australia, Taiwan, South East Asia, UAE, Turkey, Saudi Arabia, South Africa, Egypt, Nigeria, Brazil, Mexico, Argentina, Chile, Colombia,

The power tools market is projected to grow from USD 39.5 billion in 2025 to USD 67.5 billion by 2035, at a CAGR of 5.5%. Drilling Tool will dominate with a 28.0% market share, while manufacturing will lead the application segment with a 35.0% share.

Metric	Value
Estimated Value in (2025E)	USD 39.5 billion
Forecast Value in (2035F)	USD 67.8 billion
Forecast CAGR (2025 to 2035)	5.5%

Snapshot img

Portable Power Tools Market Size 2025-2029

The portable power tools market size is forecast to increase by USD 8.4 billion, at a CAGR of 5.1% between 2024 and 2029.

The market is driven by the growing demand for DIY building projects and the integration of smart technologies into these tools. The increasing popularity of home renovation and improvement projects, particularly in developed regions, is fueling the demand for portable power tools that offer convenience, efficiency, and advanced features. These tools enable users to complete projects independently, reducing reliance on professional services and saving costs. However, the market faces challenges in expanding its reach in developing and emerging countries due to the low penetration of portable power tools. Despite the potential for significant growth in these markets, the high upfront costs and limited awareness of the benefits of portable power tools remain significant barriers to entry.
Additionally, the increasing competition from corded power tools and other hand tools, which are often more affordable, further complicates market expansion efforts. Companies seeking to capitalize on market opportunities must focus on developing innovative, cost-effective solutions that cater to the unique needs of these markets while navigating the challenges posed by competition and affordability concerns.

What will be the Size of the Portable Power Tools Market during the forecast period?

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The market continues to evolve, driven by advancements in technology and shifting consumer preferences. Applications span various sectors, including home improvement and construction. Tools, such as welding machines, offer tool-free adjustments for increased efficiency. Run time and power output are crucial factors for cordless drills and power compressors, while lithium-ion batteries ensure longer usage. Variable speed grinding machines and power shears offer precision and versatility, while staple guns and nail guns streamline fastening processes. Smart features, such as app integration and Bluetooth connectivity, enhance user experience. Circular saws and table saws deliver accurate cuts with digital readouts and cutting guides.

Power hammers and power wrenches provide increased torque and control. Safety features, including hearing protection and safety glasses, ensure user safety. Brushless motors offer improved efficiency and longer motor life. Power tool accessories, tool carts, and tool belts cater to the evolving needs of professionals. Power generators and power cutters extend the reach of portable power tools, enabling work in remote locations. Dust collection systems ensure a cleaner work environment. Sanding sheets and LED lights offer added convenience. The ongoing market dynamics continue to unfold, with continuous innovation shaping the future of portable power tools.

How is this Portable Power Tools Industry segmented?

The portable power tools industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Product

  Cordless tools
  Corded tools


Application

  Commercial
  Consumer


Distribution Channel

  Offline
  Online


Price

  Mid-range
  Economy
  Premium


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  APAC

    China
    India
    Japan


  South America

    Brazil


  Rest of World (ROW)

By Product Insights

The cordless tools segment is estimated to witness significant growth during the forecast period. In the realm of power tools, cordless models have gained significant traction due to their mobility and versatility. These tools cater to various applications, such as drilling, grinding, polishing, sanding, and screw driving, which were once the exclusive domain of corded tools. Professionals, including electricians, plumbers, auto mechanics, and service engineers, increasingly prefer cordless tools for their convenience, as they eliminate the need for a constant power source. The evolution of cordless power tools has been marked by the widespread adoption of lithium-ion (Li-ion) batteries. These batteries offer extended runtimes and greater charge storage capacity compared to the traditional nickel-cadmium (NiCd) batteries.

Moreover, Li-ion batteries are more environmentally friendly, as they do not contain toxic heavy metals. Tool-free adjustments and quick-change systems have streamlined the use of cordless power tools, making them even more appealing to professionals. Impact drivers, power compressors, and circular saws are among the popular cordless tools that benefit from these features. Furthermore, advancements in technology have led to the integration of smart features, such as app connectiv

The Power Tools Market is Segmented by Mode of Operation (Electric, and Others), by Product (Drilling & Fastening Tools, and Others), by End-User (Construction & Infrastructure, and Others), by Sales Channel (Offline and Online), and by Region (North America, South America, Europe, Asia-Pacific, and Middle East and Africa). The Market Forecasts are Provided in Terms of Value (USD).

Snapshot img

Power Tools Market Size 2025-2029

The power tools market size is forecast to increase by USD 17.09 billion at a CAGR of 7.4% between 2024 and 2029.

The market is experiencing significant growth, driven by the increase in global construction and infrastructure development activities. This trend is particularly notable in the adoption of portable power tools, which offer increased efficiency and productivity on worksites. A key trend shaping the market is the integration of smart technologies into power tools, enabling advanced features such as remote monitoring, diagnostics, and energy management. However, the market faces challenges from the volatility in prices of raw materials used in power tool production, including steel, copper, and batteries.
This price instability can impact both manufacturers and consumers, necessitating strategic supply chain management and pricing strategies. Companies seeking to capitalize on market opportunities should focus on innovation, particularly in the areas of battery technology and smart tool integration, while also addressing the challenges of raw material price volatility through strategic sourcing and supply chain optimization. Air compressors and various power tool accessories further expand the market's scope, addressing the evolving needs of professionals and DIY enthusiasts alike.

What will be the Size of the Power Tools Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
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The market exhibits dynamic trends, with noise reduction and ergonomic grip gaining significant attention from businesses. LED worklights enhance visibility during use, while spare parts availability ensures uninterrupted operations. Recyclable materials and tool-free adjustments contribute to sustainability and efficiency. Trigger lock and blade depth adjustment provide user convenience, and dust extraction systems minimize mess. Carrying cases offer portability, while kickback protection ensures safety. Air flow rate and repair services are crucial for maintaining tool performance. Product lifecycle management and maintenance intervals optimize tool usage.
Vibration dampening and variable speed control reduce operator fatigue. Clutch settings and energy efficiency enhance productivity. Router bit diameter, air pressure, and impact rate impact tool performance. Grinding wheel size and laser guidance facilitate precise work. Charger compatibility and blade guard ensure tool compatibility and safety. Cutting capacity and planer cutting depth enable larger projects.

How is this Power Tools Industry segmented?

The power tools industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

End-user

  Industrial
  Residential


Technology

  Electric
  Pneumatic
  Others


Product

  Drills
  Saws
  Grinders
  Others


Distribution Channel

  Offline
  Online


Geography

  North America

    US
    Canada


  Europe

    France
    Germany
    Italy
    UK


  Middle East and Africa

    UAE


  APAC

    China
    India
    Japan


  Rest of World (ROW)

By End-user Insights

The industrial segment is estimated to witness significant growth during the forecast period. Power tools, including cordless drills, nail guns, and table saws, play a crucial role in enhancing productivity and efficiency in various industries. The market caters to diverse end-users, with a significant portion being consumed in the industrial sector. Factors such as increasing manufacturing output, technological advancements, and the growing demand for precision and speed drive the market's expansion. Lightweight designs, longer run times, and safety features are essential considerations for industrial power tools. Brushless motors and lithium-ion batteries have revolutionized the cordless power tools segment, offering increased power output and longer run times. Smart tools, such as tool tracking systems and data analysis, are increasingly being adopted for improved productivity and cost savings.

In the industrial sector, power tools are essential for heavy-duty applications in automotive repair, residential building, and commercial construction. Tools like power wrenches, miter saws, circular saws, and reciprocating saws are indispensable for professional trades and DIY projects. Safety features, such as hearing protection and dust collection systems, are essential for ensuring a safe and healthy work environment. Brand reputation, price point, and tool kits are critical factors influencing the purchasing decisions of industrial buyers. Manufacturers continually innovate to meet evolving industry demands, offering a w

Electric Power Tools Market was valued at USD 22.08 billion in 2024 and is anticipated to reach USD 30.01 billion by 2030 with a CAGR of 5.09% through 2030.

Pages	180
Market Size	2024: USD 22.08 Billion
Forecast Market Size	2030: USD 30.01 Billion
CAGR	2025-2030: 5.09%
Fastest Growing Segment	Commercial
Largest Market	Asia Pacific
Key Players	1. Stanley Black & Decker, Inc 2. Robert Bosch GmbH 3. Techtronic Industries Company Limited 4. Makita Electric Power Tools India Pvt. Ltd 5. Hilti Corporation 6. Koki Holdings Co., Ltd 7. Snap-on Incorporated 8. Husqvarna Motorcycles GmbH 9. Emerson Electric Co. 10. Milwaukee Electric Tool Corporation

Access Asia Pacific DIY Power Tools Industry Overview which includes Asia Pacific country analysis of (China, Japan, South Korea, India, Australia, Singapore, Taiwan, South East Asia, Rest of APAC), market split by Type, End-User, Product, Sales Channel

• The industry in Asia Pacific was valued at US$ 4.7 Bn in 2023
• It is estimated to grow at a CAGR of 5.2% from 2024 to 2034 and reach US$ 8.3 Bn by the end of 2034

Market Introduction

Attribute	Detail
Drivers	Surge in Adoption in End-use Industries and Product Innovations Rise in Awareness of Worker Safety and Convenience Technological Advancements

Country Outlook of Asia Pacific Cordless Power Tools Industry

Attribute	Detail
Leading Country	China

Asia Pacific Cordless Power Tools Market Snapshot

Attribute	Detail
Market Size in 2023 (Base Year)	US$ 4.7 Bn
Market Forecast Value in 2034	US$ 8.3 Bn
Growth Rate (CAGR)	5.2%
Forecast Period	2024-2034
Historical data Available for	2020-2022
Quantitative Units	US$ Bn for Value and Thousand Units for Volume
Market Analysis	Global qualitative analysis includes drivers, restraints, opportunities, key trends, key market indicators, Porter’s Five Forces analysis, value chain analysis, SWOT analysis, etc. Furthermore, at the regional level, qualitative analysis includes key trends, price trends, and key supplier analysis.
Competition Landscape	Market Player - Competition Dashboard and Revenue Share Analysis 2023 Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Revenue, COVID-19 Response, Strategy & Business Overview)
Countries Covered	China India South Korea Taiwan ASEAN Malaysia Singapore Indonesia Philippines Vietnam Thailand Rest of ASEAN Rest of Asia Pacific
Market Segmentation	Product Type Drills Impact Drivers Impact Wrenches Screwdrivers Jigsaws Reciprocating Saws Circular Saws Multi-cutters Shears Angle Grinders Routing Tools Palm Routers Planers Dust Extractors Others Battery Type Nickel Cadmium (NiCd) Nickel Metal Hydride (NiMH) Lithium-Ion (Li-Ion) Motor Type Brushless Motors Brush Motors Motor Speed Upto 1000 rpm 1000-2000 rpm 2000-4000 rpm 4000-6500 rpm 6500-8000 rpm Above 8000 rpm Torque Upto 15 nm 15-35 nm 35-55 nm Above 55 nm Battery Voltage 3.6-10V 11-18V 19-25V 26-36V Battery Capacity 1-1.5 Ah 1.6 Ah - 2 Ah 2 Ah - 5 Ah Above 5 Ah Price Range Low Medium High Application Drilling & Fastening Sawing & Cutting Material Removal Demolition Routing Others End-use Residential Commercial Industrial Automotive & Transportation Aerospace & Defense Construction Others (Electronics, etc.) Distribution Channel Online Offline Direct Sales Indirect Sales
Companies Profiled	Atlas Copco CUMI Deere and Company Eastman Cast and Forge Ltd. Electrex Power Tools Emerson Electric Co. Hitachi Husqvarna iBell Tools JF Tools India KOKI Holdings LSL Tools Private Limited (Xtra) Makita Corporation Planet Power Tools Robert Bosch GmbH Seher Tools & Trade Pvt Ltd.(Yuri) Stanley Black & Decker Techtronic Industries
Customization Scope	Available upon Request
Pricing	Available upon Request

Power Tools Market Outlook

According to our latest research, the global power tools market size reached USD 41.2 billion in 2024, demonstrating robust expansion driven by increasing automation and industrialization across multiple sectors. The market is projected to grow at a remarkable CAGR of 5.7% from 2025 to 2033, leading to a forecasted market size of USD 67.2 billion by 2033. This steady growth is underpinned by rising demand for efficient, time-saving tools in both industrial and residential settings, along with rapid technological advancements in tool design and functionality.

A primary growth factor for the power tools market is the accelerating pace of urbanization and infrastructural development worldwide. The surge in construction activities, especially in emerging economies, has led to a significant uptick in the adoption of advanced power tools for drilling, fastening, sawing, and demolition tasks. Construction companies are increasingly prioritizing productivity, safety, and precision, which has driven a shift from manual tools to sophisticated electric and pneumatic alternatives. Furthermore, the growing trend of smart cities and the integration of IoT in construction equipment are further fueling demand for connected and automated power tools, offering enhanced operational efficiency and real-time monitoring capabilities.

Another crucial driver is the expanding application of power tools in the automotive and manufacturing industries. As these sectors strive to enhance production efficiency and reduce downtime, there is a consistent demand for high-performance, durable, and easy-to-use tools. The automotive industry, in particular, relies on power tools for assembly, maintenance, and repair operations, while the manufacturing sector benefits from their role in material removal, finishing, and fabrication processes. The evolution of cordless and battery-powered tools, coupled with ergonomic designs, has further cemented their indispensability in environments where flexibility and mobility are paramount.

The residential and DIY segment is also playing a pivotal role in the growth trajectory of the power tools market. The rising popularity of home improvement projects, fueled by increased disposable incomes and a growing culture of DIY among homeowners, has spurred demand for user-friendly, compact, and affordable power tools. E-commerce platforms have made these tools more accessible, while digital marketing and online tutorials have empowered consumers to undertake complex tasks independently. This democratization of power tool usage is broadening the market base and driving innovation in product offerings tailored for non-professional users.

From a regional perspective, Asia Pacific continues to dominate the global power tools market, accounting for the largest share in 2024. This is attributed to rapid industrialization, urban infrastructure projects, and the presence of major manufacturing hubs in countries like China, India, and Japan. North America and Europe follow closely, with their mature construction and automotive industries, high adoption of advanced technologies, and stringent safety regulations. Meanwhile, Latin America and the Middle East & Africa are witnessing steady growth, supported by government investments in infrastructure and the gradual modernization of their industrial sectors.

Product Type Analysis

The power tools market is segmented by product type into drilling and fastening tools, sawing and cutting tools, material removal tools, demolition tools, and others. Drilling and fastening tools represent the largest segment, owing to their widespread use in construction, manufacturing, and automotive applications. These tools are indispensable for tasks such as assembling structures, installing fixtures, and performing maintenance work. Innovations in brushless motor technology and battery efficiency have significantly enhanced the performance and lifespan of these tools, making them more appealing to both professionals and DIY enthusiasts. The integration of smart f

In May 2023, the Power Tool price in India was $16.9 per unit (CIF), showing a reduction of -15.8% compared to the previous month.

Snapshot img

Cordless Power Tools Market Size 2025-2029

The cordless power tools market size is forecast to increase by USD 4.01 billion, at a CAGR of 3.9% between 2024 and 2029.

The market is experiencing significant growth, driven by advancements in battery technology. These innovations have led to increased efficiency, longer runtimes, and improved performance, making cordless tools increasingly popular among consumers and professionals. Another key trend influencing the market is the rise in Electric Vehicle sales, as the same batteries used in EVs are also applicable to cordless power tools, creating synergies and economies of scale for manufacturers. However, the market faces challenges as well. The decline in construction and automobile industries in China, a major market for cordless power tools, poses a significant threat due to the interconnected nature of these industries. Companies must adapt to these market shifts by exploring new applications for cordless tools and expanding their customer base beyond traditional industries. To capitalize on opportunities and navigate challenges effectively, market players should focus on product innovation, strategic partnerships, and market expansion.

What will be the Size of the Cordless Power Tools Market during the forecast period?

Explore in-depth regional segment analysis with market size data - historical 2019-2023 and forecasts 2025-2029 - in the full report.
Request Free SampleThe market continues to evolve, driven by advancements in technology and shifting consumer preferences. Torque settings and repair services are becoming increasingly important as professionals and DIY enthusiasts demand more precise and durable tools. In the realm of home improvement, cordless drills with variable speed control and longer battery runtimes are gaining traction. The automotive repair sector is also embracing cordless impact wrenches for their superior power and convenience. Safety features, such as hearing protection and safety glasses, are a priority for both professionals and DIY enthusiasts. Power tool accessories, like saw blades and carrying cases, are essential for maximizing the functionality and longevity of these tools. Brushless motors and lithium-ion batteries offer improved efficiency and performance, while overload protection ensures safe operation. The distribution channels for cordless power tools are expanding, with retail sales and online platforms providing greater accessibility. Supply chain management plays a crucial role in ensuring the timely delivery of these tools to meet the growing demand. The market dynamics of this sector are constantly unfolding, with new applications and innovations emerging in various industries.

How is this Cordless Power Tools Industry segmented?

The cordless power tools industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD million' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments. End-userProfessionalConsumerTypeBrushed motorsBrushless motorsDistribution ChannelOfflineOnlineProduct TypeDrilling and fastening toolsSawing and cutting toolsMaterial removal toolsGarden toolsOthersGeographyNorth AmericaUSCanadaEuropeFranceGermanyItalyUKAPACChinaIndiaJapanSouth AmericaBrazilRest of World (ROW)

By End-user Insights

The professional segment is estimated to witness significant growth during the forecast period.The market is driven by the professional segment due to the size and demands of industries such as construction, manufacturing, and automotive. Professionals prioritize quality and durability, leading them to invest in premium cordless power tools. While consumers focus on affordability and convenience, professionals are willing to use pneumatic and hydraulic power tools, despite their high maintenance and ancillary equipment requirements. The trend now leans towards multifunctional tools, integrating features like LED work lights, dust collection, impact force, and variable speed control. Home improvement projects and DIY enthusiasts also contribute to the market, with retail sales and online platforms playing significant roles in distribution. Power tool accessories, including drill bits, saw blades, and safety glasses, are essential components of the market. The supply chain management of raw materials, such as lithium-ion batteries and brushless motors, is crucial for maintaining production and meeting demand. Professional contractors and repair services further fuel the market, with safety features, overload protection, and torque settings being essential considerations. Hearing and eye protection, cut depth, and automotive repair applications also expand the market's scope.

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The Professional segment was valued at USD 13.21 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

North America is