MarkNtel Advisors recently published a detailed industry analysis of the Battery Powered Tools Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.

Battery Powered Tools Market Size, Share, and Trends Analysis Report – Industry Overview and Forecast to 2030

The 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.

What are the major Driver the Battery Powered Tools industry?

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.

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What segments define the Battery Powered Tools market from 2025 to 2030? How do these segments contribute to market dynamics and growth?

·       By Tools

o   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

o   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

o   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

o   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

o   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

o   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

o   Others (Dust Extractor, laser Tools, etc.)- Market Size & Forecast 2020-2030, USD Million

According to report, Drilling and fastening tools have a significant market share of around 28%.

·       By Motor Type

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

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

·       By Battery Type

o   Lithium-Ion- Market Size & Forecast 2020-2030, USD Million

o   Nickel-Cadmium- Market Size & Forecast 2020-2030, USD Million

o   Others -Market Size & Forecast 2020-2030, USD Million

·       By End Users

o   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

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

According to report, Among all the major end-user categories, Industrial and commercial end-users acquire the largest market share of more than 80%.

·       By Battery Volt

o   Up to 12V - Market Size & Forecast 2020-2030, USD Million

o   13V - 20V- Market Size & Forecast 2020-2030, USD Million

o   21V - 36V- Market Size & Forecast 2020-2030, USD Million

o   37V - 60V- Market Size & Forecast 2020-2030, USD Million

o   > 60V - Market Size & Forecast 2020-2030, USD Million

·       By Distribution Channel

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

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

Explore the Complete Battery Powered Tools Market Analysis Report – https://www.marknteladvisors.com/research-library/battery-powered-tools-market.html

Geographical Analysis: Battery Powered Tools Market

o   North America

o   South America

o   Europe

o   The Middle East and Africa

o   Asia-Pacific

Battery Powered Tools Market Share & Competitive Landscape:

The Battery Powered Tools Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry's leading companies, highlighting their strengths, financial performance, and market influence.

Leading Companies in the Battery Powered Tools Market are:

• 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

 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.

 Questions Addressed in this Study

1.What factors are driving the Battery Powered Tools Market growth?

2.How is the Battery Powered Tools Market expected to grow over the next five years?

3.What are the key insights into the current trends in the Battery Powered Tools Market?

4.What is the current size of the Battery Powered Tools Market, and how is it projected to change in the future?

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