Global Quick Overview of the Battery Powered Tools Market Analysis

The objective of the Global Battery Powered Tools Market Research Report is to provide a detailed and useful data, and a geographical perspective for predictions of future. The recommendations included in the report are supposed to be insightful and actionable, offering a thorough understanding of the industry. Moreover, it includes a comprehensive table of contents, relevant data, and an analysis of numerous important aspects that have impacted the market.

According to the latest report analysis by MarkNtel Advisors, 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. This detailed study provides a detailed overview of the current market state, including market trends, opportunities, along with the recent developments. In-depth analysis of market share, size, forecast, and competitive landscape is also covered in this report that presents a clear picture of the industry with relevant statistical data.

Access Free Sample Report – https://www.marknteladvisors.com/query/request-sample/battery-powered-tools-market.html

Latest Restraint Contributing in the Battery Powered Tools Industry:

Global Battery Powered Tools Market 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.

A Detailed Outlook of Battery Powered Tools Market Segmentation

The Market Segmentation analysis provides and accurate data of the industry to help the analysts make smart strategic investment decisions. Also, the prediction of the market is included for national, and level in the research. The study analyses latest trends of the industry from 2025-30 for each of the category. Different segments were used to classify the market for this study are listed below:

-By Tools

• Drills & Fastening Tools – Market Size & Forecast 2020-2030, USD Million
• Sawing & Cutting Tools- Market Size & Forecast 2020-2030, USD Million
• Demolition Tools- Market Size & Forecast 2020-2030, USD Million
• Material Removal Tools- Market Size & Forecast 2020-2030, USD Million
• Garden Tools- Market Size & Forecast 2020-2030, USD Million
• Vacuum Cleaners- Market Size & Forecast 2020-2030, USD Million
• Others (Dust Extractor, laser Tools, etc.)- Market Size & Forecast 2020-2030, USD Million

-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
• Residential- Market Size & Forecast 2020-2030, USD Million

-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

Explore Our Comprehensive Study:  https://www.marknteladvisors.com/research-library/battery-powered-tools-market.html

Geographical Analysis:

-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. The reason behind this is the presence of the dominating industries of battery power tools such as construction, woodworking, automotive, and electronics.

Further, the region of Asia-Pacific with the highest growth rate is expected to dominate the market by 2030. It is owing to the presence of rapidly developing economies such as India and China, which with high investments in construction and other major industries will help in expanding the share of the Asia-Pacific Market. Also, according to Gitnux, the US, China, and India are major construction markets across the globe, and China is leading in 2024 in almost all industries such as woodworking, automotive, and construction.

Lead the Battery Powered Tools Market with a Deep Evaluation of the Competition

This report also includes accurate facts, figures, and market data into income assessments, and projections in the industry by using a wide range of statistical tools and knowledge about the market by the experts. Each notable market participant has a SWOT evaluation, a profile and a complementary Porter’s Five Forces analysis.

Moreover, to take the benefits of new opportunities, dominating players have been constantly realigning their systems, and methods of operation. We also evaluate major businesses that are influences on a geographical scale along with the small and medium-sized businesses that plays crucial role and have substantial opportunity for expansion in order to accurately reflect the levels of market competition.

The details on the following key players is presented in this section as:

• Makita Corp.
• Robert Bosch GmbH
• 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
• Others

Customization of Reports Available – https://www.marknteladvisors.com/query/request-customization/battery-powered-tools-market.html

Global Battery Powered Tools Industry Recent Development:

• 2024: Robert Bosch GmbH has launched 2 new cordless drills named AdvancedDrill and AdvnacedImpact which are part of the ‘18V power for all systems’ to use in hard-to-reach areas.
• 2024: Stanley Black & Decker Inc. is going to expand products in its CRAFTSMAN V20 line that offer complete freedom from cord to tackle a variety of projects using a single battery platform.

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

Related Reports

• https://www.whatech.com/og/markets-research/energy/892.9393-lithium-ion-battery-market-robust-expansion-is-expected-to-reach-usd-172-billion-worth-by-2030-as-revealed-in-latest-report.html
• https://www.whatech.com/og/markets-research/industrial/892.9396-boiler-market-achieves-usd-110-billion-valuation-in-2023-and-predicted-to-reach-at-2.9-2-cagr-through-2030.html
• https://www.whatech.com/og/markets-research/medical/892.92.903-gene-panel-market-shows-strong-growth-potential-usd-3-1-billion-value-in-2023-and-12.9-2-cagr-growth-by-2030.html
• https://www.whatech.com/og/markets-research/food-beverage/892.92.910-global-beer-market-expected-to-exceed-usd-1057-87-billion-valuation-by-2030-shows-growth-at-5-80-cagr.html
• https://www.whatech.com/og/markets-research/food-beverage/892.92.912.9-straw-market-shows-6-18-cagr-aims-for-usd-22.9-26-billion-by-2030-from-usd-16-93-billion-in-2022.9.html

Why choose MarkNtel?

MarkNtel Advisors is a leading market research company, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.

Our specialization in niche industries & emerging geographies allows our clients to formulate their strategies in a much more informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 14.8 diverse industrial verticals.

For Media Inquiries, Please Contact:

Call: +1 628 895 8081 | +91 120 4278433

Email: sales@marknteladvisors.com

Sales Office: 564 Prospect St, B9, New Haven, Connecticut, USA-06511

Corporate Office: Office No.109, H-159, Sector 63, Noida, Uttar Pradesh-201301, India