Power Tools: United States Report

Report Overview

This report forecasts to 2029 US power tool demand and production in nominal US dollars at the manufacturer level. Total demand is segmented by product in terms of: electric drills; electric saws; electric sanders, polishes, and grinders; electric screwdrivers; other electric tools, such as impact wrenches, planers and routers, and hammers; electric tool parts and attachments; pneumatic tools; and other power tools, such as hydraulic, powder-actuated, and engine-driven tools. Total demand is also segmented by market as follows: professional and commercial.

To illustrate historical trends, total demand is provided in annual series from 2019 to 2024; production and the various segments are reported at five-year intervals for 2019 and 2024.

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 computer numerical control (CNC) equipment, nail and staple cartridges, power lawn and garden equipment such as edgers/trimmers and leaf blowers, and table and wall-mounted saws.

Key macroeconomic indicators are also provided with quantified trends. 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

Table of Contents

HIGHLIGHTS

MARKET ENVIRONMENT

Historical Trends

Key Economic Indicators

Workplace Safety

Sustainability Initiatives

North America Regional Outlook

PRODUCT SEGMENTATION & FORECASTS

Electric Drills

Electric Saws

Electric Sanders, Polishers, & Grinders

Other Electric Tools

Electric Parts & Attachments

Pneumatic Tools

Other Power Tools

MARKET SEGMENTATION & FORECASTS

Professional

Consumer

SUPPLY & DEMAND

INDUSTRY STRUCTURE

Industry Characteristics

Market Leader

ABOUT THIS REPORT

Scope

Sources

Industry Codes

Freedonia Methodology

Resources

LIST OF TABLES & FIGURES

Figure 1 | Key Trends in US Power Tool Demand, 2024 – 2029 3

Figure 2 | US Power Tool Demand Trends, 2019 – 2024 4

Table 1 | Key Indicators for US Power Tool Demand; 2019, 2024, 2029 (US$ bil) 6

Figure 3 | North America: Power Tool Demand by Country, 2024 (%)

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

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

Figure 5 | US Power Tool Demand by Product; 2019, 2024, 2029 (%)

Figure 6 | US Power Tool Demand by Market; 2019, 2024, 2029 (US$ bil)

Table 3 | US Power Tool Demand by Market; 2019, 2024, 2029 (US$ mil)

Figure 7 | US Power Tool Demand by Market; 2019, 2024, 2029 (%)

Table 4 | US Power Tool Supply & Demand; 2019, 2024, 2029 (US$ mil)

Table 5 | Selected US Power Tool Manufacturers & Plant Locations

Table 6 | NAICS & SIC Codes Related to Power Tools