Power Tools Market Analysis

Mode of Operation Segment Analysis

The electric sub-segment, part of the mode of operation, is anticipated to hold the largest share of 85.8% in the power tools market by the end of 2035. The sub-segment’s upliftment is highly driven by its ability to permit tasks to be performed accurately, efficiently, and rapidly than manual tools. This is readily achieved by the utilization of motors that offer consistent torque and speed, which diminishes physical strain on the consumer and increases productivity. In this regard, according to an article published by the PIB Government in April 2025, NITI Aayog, along with the Foundation for Economic Development, jointly unveiled the more than USD 25 billion exports for India’s power and hand tools sector. This has successfully laid out a wide-ranging roadmap to upscale the country’s international exports from the present USD 1 billion to more than USD 25 billion by the end of 2035.

Technology Segment Analysis

The cordless/battery-powered segment, which is part of the technology, is projected to account for the second-largest share in the market during the predicted period. The segment’s growth is highly attributed to the technological vanguard and undisputed growth engine. In addition, an increase in the evolution of lithium-ion battery technology, particularly the shift towards energy density cells and innovative battery management systems that deliver power, rapid charging, and long-term runtimes, are also responsible for the segment’s growth. Besides, the core factor is the aspect of overcoming the performance barrier with corded tools, thereby liberating professionals from power outlets and generators to enhance flexibility and productivity in job locations. This particular segment is also defined by intensified competition, which centers on proprietary battery ecosystems to develop recurring revenue and high-margin streams and foster profound brand loyalty.

Application Segment Analysis

Based on the application, the industrial/professional segment in the market is projected to account for the third-largest share by the end of the forecast timeline. The segment’s development is highly fueled by the aspect of displaying the overall market’s high-performance core and high valuation, which is readily characterized by an increase in the demand for usage cycles, precision, low price sensitivity, and strict requirements in comparison to the customer DIY industry. The segment’s growth is also associated with macroeconomic indicators, such as capital spending, manufacturing output, and construction expenditure for industries, such as energy, aerospace, and automotive. Furthermore, the industrial shift towards automation and Industry 4.0 has integrated connected and sensor-equipped tools into assembly lines for data-logged and precise fastening to ensure traceability and quality control.

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