Power Tools: Global Report

Report Overview

This report forecasts to 2029 global demand for power tools by product, market, and major world region in nominal US dollars at the manufacturer level. Product segments include: electric drills; electric saws; electric sanders, polishers, and grinders; other electric tools such as hammers, impact wrenches, and screwdrivers; batteries, parts, and attachments; pneumatic tools; and other power tools such as hydraulic and powder-actuated tools. Reported markets encompass: professional and consumer.

Major world regions include North America, Western Europe, Asia/Pacific, and all other regions.

To illustrate historical trends, world, product, market, and regional demand (including product and market segments) are provided for 2019 and 2024. Finally, global production segmented by major world region and provided for 2019, 2024, and 2029.

Demand for pneumatic tools and other tools also include related parts and attachments. Excluded from the scope of this report are: air compressors; chainsaws; hand tools such as manual screwdrivers and saws; hydraulic jacks; machine tools such as CNC equipment; nail and staple cartridges; power lawn and garden equipment such as trimmers/edgers and leaf blowers; and table and wall-mounted saws.

For any given historical year, US dollar amounts are obtained from values expressed in the applicable local currency. These local currency values are converted to US dollars at the average annual exchange rate for that year. For forecast years, the US dollar amounts assume the same annual exchange rate as that prevailing in 2023.

Other various topics, including profiles of pertinent leading companies, are covered in this report. A full outline of report items by page is available in the Table of Contents.

Related NAICS Codes:

• 333991 Power-Driven Handtool Manufacturing

Table of Contents

HIGHLIGHTS

GLOBAL PRODUCT OVERVIEW & FORECASTS

Electric Drills

Electric Saws

Electric Sanders, Polishers, & Grinders

Other Electric Tools

Batteries, Parts, & Attachments

Pneumatic Tools

Other Power Tools

GLOBAL MARKET OVERVIEW & FORECASTS

Professional

Consumer

REGIONAL SEGMENTATION & FORECASTS

Regional Production Overview

Regional Demand Overview

North America

Western Europe

Asia/Pacific

Other Regions

INDUSTRY STRUCTURE

Industry Characteristics

Market Share

ABOUT THIS REPORT

Scope

Sources

Industry Codes

Freedonia Methodology

Resources

LIST OF TABLES & FIGURES

Figure 1 | Global Power Tool Market Outlook, 2024 – 2029

Figure 2 | Global Power Tool Demand by Product; 2019, 2024, 2029 (US$ bil)

Table 1 | Global Power Tool Demand by Product; 2019, 2024, 2029 (US$ mil)

Figure 3 | Global Power Tool Demand by Product; 2019, 2024, 2029 (%)

Figure 4 | Global Power Tool Demand by Market; 2019, 2024, 2029 (US$ bil)

Table 2 | Global Power Tool Demand by Market; 2019, 2024, 2029 (US$ mil)

Figure 5 | Global Power Tool Demand by Market; 2019, 2024, 2029 (%)

Figure 6 | Global Power Tool Production by Region; 2019, 2024, 2029 (US$ bil)

Table 3 | Global Power Tool Production by Region; 2019, 2024, 2029 (US$ mil)

Figure 7 | Global Power Tool Production by Region; 2019, 2024, 2029 (%)

Figure 8 | Global Power Tool Demand by Region; 2019, 2024, 2029 (US$ bil)

Table 4 | Global Power Tool Demand by Region; 2019, 2024, 2029 (US$ mil)

Figure 9 | Global Power Tool Demand by Region; 2019, 2024, 2029 (%)

Figure 10 | North America: Power Tool Demand by Product; 2019, 2024, 2029 (US$ bil)

Figure 11 | North America: Power Tool Demand by Market; 2019, 2024, 2029 (US$ bil)

Table 5 | North America: Power Tool Demand by Product & Market; 2019, 2024, 2029 (US$ mil)

Figure 12 | Western Europe: Power Tool Demand by Product; 2019, 2024, 2029 (US$ bil)

Figure 13 | Western Europe: Power Tool Demand by Market; 2019, 2024, 2029 (US$ bil)

Table 6 | Western Europe: Power Tool Demand by Product & Market; 2019, 2024, 2029 (US$ mil)

Figure 14 | Asia/Pacific: Power Tool Demand by Product; 2019, 2024, 2029 (US$ bil)

Figure 15 | Asia/Pacific: Power Tool Demand by Market; 2019, 2024, 2029 (US$ bil)

Table 7 | Asia/Pacific: Power Tool Demand by Product & Market; 2019, 2024, 2029 (US$ mil)

Figure 16 | Other Regions: Power Tool Demand by Region; 2019, 2024, 2029 (US$ bil)

Figure 17 | Other Regions: Power Tool Demand by Product; 2019, 2024, 2029 (US$ bil)

Table 8 | Other Regions: Power Tool Demand by Region & Product; 2019, 2024, 2029 (US$ mil)

Figure 18 | Global Power Tool Market Share by Company, 2024 (%)

Table 9 | Leading Suppliers to the Global Power Tool Market

Table 10 | NAICS & SIC Codes Related to Power Tools

Table 11 | HS Codes Related to Power Tools

Table 12 | NACE Codes Related to Power Tools