About Contact Us Careers

Power Tools Market Size and Forecast, by Type (Sawing, Cutting, Drilling, Fastening, Demolition, Routing, Portable Nibblers, Air-Powered); Mode of Operation (Electric, Liquid Fuel, Hydraulic, Pneumatic, Powder-Actuated); Application (Concrete, Construction, Woodworking); Material (Concrete, Wood/Metal, Brick/Block, Glass); End-user (Industrial, Residential); Sales Channel (Indirect, Direct) - Growth Trends, Key Players, Regional Analysis 2026-2035

  • Report ID: 4906
  • Published Date: Sep 11, 2025
  • Report Format: PDF, PPT

Power Tools Market Outlook:

Power Tools Market size was valued at USD 34.21 billion in 2025 and is set to exceed USD 51.62 billion by 2035, registering over 4.2% CAGR during the forecast period i.e., between 2026-2035. In the year 2026, the industry size of power tools is estimated at USD 35.5 billion.

Power Tools Market Size
Discover Market Trends & Growth Opportunities: Request Free Sample PDF

The reason behind the growth is impelled by the growing construction industry worldwide. Power tools are of great value and widely used at construction sites, as they provide workers with the additional strength and capability they need to finish difficult construction projects. The construction sector is one of the largest in the world economy, with about USD10 trillion spent on construction-related goods and services every year.

The huge demand for power tools in modern households are believed to fuel the market growth. With the surge in consumers becoming aware and technically equipped they prefer repairing the furniture or any electrical equipment manually. Even refurbishing existing fittings, or plumbing they prefer to do themselves to save costs of a paid technician. As such the demand for modern power tools to make tasks easier is much in demand.  The essential power tools for home use include a power drill + driver, jigsaw, circular saw, miter saw, oscillating multi-tool, random orbital sander, cordless brad nail gun, and table saw.

Key Power Tools Market Insights Summary:

  • Regional Highlights:

    • The Asia Pacific power tools market is forecasted to hold a 34% share by 2035, fueled by the growing population and increased construction, necessitating power tools.
    • The North America market is projected to achieve the second largest share by 2035, attributed to technological advancements improving industrial and household power tool efficiency.

  • Segment Insights:

    • The electric segment in the power tools market is projected to achieve a 36% share by 2035, attributed to the growing popularity of cordless technology.
    • The material removal segment in the power tools market is projected to achieve a notable revenue share by 2035, driven by the demand for precision material finishing tools.

  • Key Growth Trends:

    • Use of Power Tools in the Automotive Industry
    • Rising Urbanization Globally

  • Major Challenges:

    • Disruptions in Supply-Chain Management Owing to Political Unrest across the World
    • Volatility in Prices of Raw Materials

  • Key Players: Robert Bosch GmbH, Recent DevelopmentsEmerson Electric, Co., Hilti Corporation, Ingersoll-Rand PLC, Koki Holdings Co., Ltd., Stanley Black & Decker, Techtronic Industries, Snap-on Incorporated, 3M Company, Honeywell International Inc.

Global Power Tools Market Forecast and Regional Outlook:

  • Market Size & Growth Projections:

    • 2025 Market Size: USD 34.21 billion
    • 2026 Market Size: USD 35.5 billion
    • Projected Market Size: USD 51.62 billion by 2035
    • Growth Forecasts: 4.2% CAGR (2026-2035)

  • Key Regional Dynamics:

    • Largest Region: Asia Pacific (34% Share by 2035)
    • Fastest Growing Region: Asia Pacific
    • Dominating Countries: China, United States, Germany, Japan, United Kingdom
    • Emerging Countries: China, India, Japan, South Korea, Indonesia

    • Last updated on : 11 September, 2025

Growth Drivers

  • Use of Power Tools in the Automotive Industry – Power tools are significantly used by vehicle producers as well as the repair and maintenance service providers in the automotive industry, especially for electric vehicles. Power tools can make maintenance efficient and convenient by speeding up redundant tasks such as fastening nuts and bolts.
  • Rising Urbanization Globally- It is estimated that the urban population will be more than double its current size by 2050, at which point nearly 7 of 10 people will live in cities. More urbanization leads to the development of more residential and other infrastructure, and it is predicted to surge the growth of the market. According to statistics, the degree of urbanization across the world as of 2022 is 57%.As per a report by the World Bank, 4.4 billion inhabitants – live in cities.

Challenges

  • Disruptions in Supply-Chain Management Owing to Political Unrest across the World - The disruptions started with the commencement of the Pandemic and have continued since. Owing to the Russia-Ukraine war and China-US trade and tariff conflicts, the situation is challenging the market.
  • Volatility in Prices of Raw Materials
  • High Complexity as Compared to Hand Tools

Power Tools Market Size and Forecast:

Report Attribute Details

Base Year

2025

Forecast Period

2026-2035

CAGR

4.2%

Base Year Market Size (2025)

USD 34.21 billion

Forecast Year Market Size (2035)

USD 51.62 billion

Regional Scope

  • North America (U.S. and Canada)
  • Asia Pacific (Japan, China, India, Indonesia, Malaysia, Australia, South Korea, Rest of Asia Pacific)
  • Europe (UK, Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Latin America (Mexico, Argentina, Brazil, Rest of Latin America)
  • Middle East and Africa (Israel, GCC, North Africa, South Africa, Rest of the Middle East and Africa)
Access Detailed Forecasts & Data-Driven Insights: Request Free Sample PDF

Power Tools Market Segmentation:

Mode of Operation Segment Analysis

The electric segment is estimated to account for 36% share of the global power tools market in the coming years owing to the growing popularity of cordless technology. The most common electric power tools are power saws, electric planes, electric milling cutters, electric mortising machines, and portable parquet finishers. They can be corded or cordless. 

Corded electric tools require plug-and-play whereas cordless tools are handier to operate. Consumers increasingly prefer cordless tools that are lightweight, portable, flexible, and compact. Bosch Power Tools had launched more than 60 new cordless tools for professional users, in the last two years, more than 25 of which in 2021. By 2023, the range is supposed to cover a total of around 100 new cordless tools. 

Type Segment Analysis

Power tools market from the material removal segment is set to garner a notable share shortly. These tools are used as end-effectors to remove material from a part to produce the desired shape. Material removal tasks such as deburring using, deflating, edge-breaking, surface finishing, etc., require beveling tools, chipping hammers, circular cutters, drilling solutions, grinders, pneumatic saws, riveting hammers, and others. They can be powered by electric or pneumatic sources.

Our in-depth analysis of the global market includes the following segments:

  Type
  • Sawing and Cutting
  •  Fastening
  • Demolition
  •  Routing
  •  Portable Nibblers
  • Air-Powered
  • Material Removal

  Mode of Operation
  • Electric
  • Liquid Fuel
  •  Hydraulic
  •  Pneumatic
  • Powder-Actuated

  Application
  • Concrete
  • Construction
  • Woodworking

  Material
  • Concrete
  • Wood/Metal
  •  Brick/Block
  •  Glass

  End-User
  • Industrial/Professional
  •  Residential

  Sales Channel
  • Indirect Sales
  • Direct Sales
Vishnu Nair
Vishnu Nair
Head - Global Business Development

Customize this report to your requirements — connect with our consultant for personalized insights and options.

Power Tools Market Regional Analysis:

APAC Market Insights

Power tools market in Asia Pacific is predicted to account for the largest share of 34% by 2035 impelled by the growing population. China has a population of 1.4 billion and India with 1.3 billion inhabitants, remains the two most populous countries, comprising 19% and 18% of the total global population respectively. This would lead to development of more houses and commercial buildings in the region, which necessitate the use of power tools for various tasks such as drilling and fastening. Lately, India has more than 1.420.6270.660 people, a growth of over 0.79% from 2022.

North American Market Insights

The North America power tools market is estimated to be the second largest, during the forecast timeframe led by increasing advancement in technology which has led to the development of more efficient power tools for several industrial and household purposes. This may significantly increase the demand for power tools in the region.

Power Tools Market Share
Get Strategic Analysis by Region Now: Request Free Sample PDF

Power Tools Market Players:

    • Robert Bosch GmbH
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Developments
      • Regional Presence
      • SWOT Analysis
    • Emerson Electric, Co.
    • Hilti Corporation
    • Ingersoll-Rand PLC
    • Koki Holdings Co., Ltd.
    • Stanley Black & Decker
    • Techtronic Industries
    • Snap-on Incorporated
    • 3M Company
    • Honeywell International Inc.

Recent Developments

  • Hilti Corporation a global leader providing innovative tools, technology, software, and services to the commercial construction industry, has entered into a partnership with Trimble to integrate with Hilti ON! Track asset management system to Trimble Viewpoint Vista, an ERP solution within the Trimble Construction One suite.
  • Stanley Black & Decker has entered into a partnership with specialty materials provider Eastman to advance sustainability in the power tools industry. Black + Decker, a Stanley Black & Decker brand, will be introducing a new product line, revival, offering the brand's first sustainability-led power tools that utilize Eastman’s Tritan Renew copolyester.
  • Report ID: 4906
  • Published Date: Sep 11, 2025
  • Report Format: PDF, PPT
  • Get detailed insights on specific segments/region
  • Inquire about report customization for your industry
  • Learn about our special pricing for startups
  • Request a demo of the report’s key findings
  • Understand the report’s forecasting methodology
  • Inquire about post-purchase support and updates
  • Ask About Company-Level Intelligence Additions

Have specific data needs or budget constraints?

customer-service Inquiry Before Buying

Frequently Asked Questions (FAQ)

In the year 2026, the industry size of power tools is estimated at USD 35.5 billion.

The global power tools market size crossed USD 34.21 billion in 2025 and is likely to register a CAGR of over 4.2%, exceeding USD 51.62 billion revenue by 2035.

The Asia Pacific power tools market is forecasted to hold a 34% share by 2035, fueled by the growing population and increased construction, necessitating power tools.

Key players in the market include Robert Bosch GmbH, Recent DevelopmentsEmerson Electric, Co., Hilti Corporation, Ingersoll-Rand PLC, Koki Holdings Co., Ltd., Stanley Black & Decker, Techtronic Industries, Snap-on Incorporated, 3M Company, Honeywell International Inc.

Power Tools Market Report Scope

GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

Connect with our Expert

Ipseeta Dash
Ipseeta Dash
Assistant Manager - Client Engagement
Inquiry Before Buying Request Free Sample PDF

Copyright @ 2025 Research Nester. All Rights Reserved.

footer-bottom-logos