Battery Powered Tools Market Share, Size and Future Projections 2025-2030FY

Markntel Advisors’ report, Battery Powered Tools Research Report: Trend, Business Growth, Size, Future Scope, Segmentation, Dynamics, and Forecast to 2030, offers a comprehensive guide for the growing industry. The expert team of analysts dedicated significant effort to gathering and evaluating the latest market data, resulting in a detailed and up-to-date report that offers valuable insights for individuals who rely on data-driven decisions, including business owners and analysts. The research report on the Battery Powered Tools presents well-researched facts and figures pertinent to the industry, whether the goal is to explore new markets, launch a new product, or maintain a competitive advantage.

Battery Powered Tools Market Research Report & Market Summary:

The Global Battery Powered Tools Market size was valued at around USD39.5 billion in 2024 and is projected to reach USD43 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.9% during the forecast period, i.e., 2025-30. The market for battery-powered tools is driven by the demand coming from major industries such as automotive, woodworking, electronics, and construction. Power tools are mandatorily required in all industries, but have limited mobility in the absence of an electric connection coupled with high weight, which creates an opportunity for battery power tools like drills & fastening tools, sawing & cutting tools, demolition tools, and material removal tools, etc. They are gaining traction owing to their convenience, portability, and energy storage, specifically in remote areas.

If you’re interested in the assumptions considered in this study, you can download the PDF brochure- https://www.marknteladvisors.com/query/request-sample/battery-powered-tools-market.html

Battery Powered Tools Market Dynamics:

Key Driver-

Growing Woodworking Industry Driving Market Growth – The continuously growing woodworking industry, with an expected CAGR of 3.7% in the period from 2020 to 2027 in the woodworking tools market, is driving the demand for battery-powered tools. These sawing and cutting tools have major applications in the woodworking & carpentry industry as well. The battery-powered tools provide suitability, portability, and other benefits that help in maximizing the output and minimizing the time wasted between the transition of tasks. The value of the hand tools market in woodworking by 2025 is expected to cross USD2.5 billion. Moreover, the market value of power tools in the woodworking industry is expected to reach around USD7.5 billion by 2027 with a CAGR of 4.3%. Therefore, the associated growth in this industry is driving the battery-powered tools market to increase convenience and enhance the user experience.

Battery Powered Tools Market Segmentation Analysis:

According to MarkNtel study the market is segmented into the following categories:

By Tools

Drills & Fastening Tools - Market Size & Forecast 2020-2030, USD Million
- Drills- Market Size & Forecast 2020-2030, USD Million
- Wrenches- Market Size & Forecast 2020-2030, USD Million
- Screwdrivers- Market Size & Forecast 2020-2030, USD Million
Sawing & Cutting Tools- Market Size & Forecast 2020-2030, USD Million
- Band Saw- Market Size & Forecast 2020-2030, USD Million
- Reciprocating Saw- Market Size & Forecast 2020-2030, USD Million
- Circular Saw- Market Size & Forecast 2020-2030, USD Million
Demolition Tools- Market Size & Forecast 2020-2030, USD Million
- Rotary Hammers- Market Size & Forecast 2020-2030, USD Million
- Hammer Drills- Market Size & Forecast 2020-2030, USD Million
Material Removal Tools- Market Size & Forecast 2020-2030, USD Million
- Sanders- Market Size & Forecast 2020-2030, USD Million
- Grinders- Market Size & Forecast 2020-2030, USD Million
- Routing Tools- Market Size & Forecast 2020-2030, USD Million
Garden Tools- Market Size & Forecast 2020-2030, USD Million
- Trimmer & Blowers- Market Size & Forecast 2020-2030, USD Million
- Lawn Mowers- Market Size & Forecast 2020-2030, USD Million
- Ride on Lawn Mowers- Market Size & Forecast 2020-2030, USD Million
Vacuum Cleaners- Market Size & Forecast 2020-2030, USD Million
- Handheld Vacuums- Market Size & Forecast 2020-2030, USD Million
- Stick Vacuums- Market Size & Forecast 2020-2030, USD Million
Others (Dust Extractor, laser Tools, etc.)- Market Size & Forecast 2020-2030, USD Million

Drilling and fastening tools have a significant market share of around 28%. The battery power tools including drills, screwdrivers, wrenches, nut runners, and impact drivers, are necessary tools used in the automotive and woodworking industry & help in many applications.

By Motor Type

Brushed Motor- Market Size & Forecast 2020-2030, USD Million
Brushless Motor- Market Size & Forecast 2020-2030, USD Million

By Battery Type

Lithium-Ion- Market Size & Forecast 2020-2030, USD Million
Nickel-Cadmium- Market Size & Forecast 2020-2030, USD Million
Others -Market Size & Forecast 2020-2030, USD Million

By End Users

Industrial & Commercial- Market Size & Forecast 2020-2030, USD Million
- Construction Industry- Market Size & Forecast 2020-2030, USD Million
- Woodworking & Carpentry- Market Size & Forecast 2020-2030, USD Million
- Automotive Industry- Market Size & Forecast 2020-2030, USD Million
- Electronics & Appliance Repair- Market Size & Forecast 2020-2030, USD Million
- Others -Market Size & Forecast 2020-2030, USD Million
Residential- Market Size & Forecast 2020-2030, USD Million

Among all the major end-user categories, Industrial and commercial end-users acquire the largest market share of more than 80%. In almost all industries, such as electronics, automotive, woodworking, and construction, battery power tools have significant applications.

By Battery Volt

Up to 12V - Market Size & Forecast 2020-2030, USD Million
13V - 20V- Market Size & Forecast 2020-2030, USD Million
21V - 36V- Market Size & Forecast 2020-2030, USD Million
37V - 60V- Market Size & Forecast 2020-2030, USD Million
> 60V - Market Size & Forecast 2020-2030, USD Million

By Distribution Channel

Offline- Market Size & Forecast 2020-2030, USD Million
Online- Market Size & Forecast 2020-2030, USD Million

By Region

North America
South America
Europe
The Middle East & Africa
Asia-Pacific.

Of all the major regions contributing to the Global Battery Power Tools Market, North America leads the market, by contributing almost 35% market share.

As indicated in the latest market research report published by Markntel Advisors, “Battery Powered Tools Research Report: Forecast (2025-2030)”, this report offers a detailed analysis of the industry, featuring insights into the Battery Powered Tools industry. It encompasses competitor and geographical analyses, as well as recent advancements in the market.

Browse Full Report Along with TOC and Figures - https://www.marknteladvisors.com/research-library/battery-powered-tools-market.html

Top Companies Operating in the Battery Powered Tools Market:

Makita Corp.
Robert Bosch GmbH
Business Description
Stanley Black & Decker Inc.
Techtronic Industries Co. Ltd.
Hilti Corporation
STIHL Tirol GmbH
Ingersoll Rand Inc.
Snap ON Inc.
Panasonic Holdings Corporation
Apex Tool Group
Flex GmbH
AIMCO
Ryobi Ltd.
DEWALT
Milwaukee Tool

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Key Report Highlights:

Market Dimensions & Projections
Pricing Evaluation,
Recent Strategic Moves by Companies,
Primary Stakeholders,
Analysis of Import and Export Trends,
Competitive Landscape Assessment,
Emerging Opportunities,
Market Trends and Indicators

Note - If there are any particular details you need that are not currently included in the report, we will be happy to provide them as part of our customization services.

Frequently Asked Questions (FAQs)-

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Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?

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