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The cordless power tools market is forecasted to grow by USD 3.76 billion during 2023-2028, accelerating at a CAGR of 3.78% during the forecast period. The report on the cordless power tools market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advances in battery technology, growth in production of light vehicles, and DIY concept gaining momentum in developed countries.
The cordless power tools market is segmented as below:
By End-user
- Professional
- Consumer
By Type
- Brushed motors
- Brushless motors
By Geography
- North America
- Europe
- APAC
- South America
- Middle East and Africa
The report on the cordless power tools market covers the following areas:
- Cordless power tools market sizing
- Cordless power tools market forecast
- Cordless power tools market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global cordless power tools market: AIMCO, ANDREAS STIHL AG and Co. KG, Apex Tool Group LLC, Atlas Copco AB, Emak Spa, Ferm International BV, Festool GmbH, Hilti AG, Hitachi Ltd., Husqvarna AB, Makita Corp., Panasonic Holdings Corp., Positec, Robert Bosch GmbH, Snap On Inc., Stanley Black and Decker Inc., Stanley Electric Co. Ltd., Techtronic Industries Co. Ltd., The Toro Co., and YAMABIKO CORP..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is rise in EV sales."
According to the report, one of the major drivers for this market is the advances in battery technology.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AIMCO
- ANDREAS STIHL AG and Co. KG
- Apex Tool Group LLC
- Atlas Copco AB
- Emak Spa
- Ferm International BV
- Festool GmbH
- Hilti AG
- Hitachi Ltd.
- Husqvarna AB
- Makita Corp.
- Panasonic Holdings Corp.
- Positec
- Robert Bosch GmbH
- Snap On Inc.
- Stanley Black and Decker Inc.
- Stanley Electric Co. Ltd.
- Techtronic Industries Co. Ltd.
- The Toro Co.
- YAMABIKO CORP.