Industry Reports, Global
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This Freedonia industry study analyzes the $42.4 billion global power tools industry. It presents historical demand data (2012, 2017, and 2022) and forecasts (2027 and 2032) by product, market, and region.
This study examines global supply and demand for professional power tools. Historical data (2009, 2014, and 2019) and forecasts for 2024 are provided for power tool demand by product, market, and power source on a country-by-country basis.
US demand for power tools is expected to decline less than 1.0% per year from a high 2021 base to $11.2 billion in 2026.