Cordless Power Tools Market, By Battery Type, By Product Type, By Sales Channel, By End User, By Geography

Cordless Power Tools Market is estimated to be valued at USD 23,558.4 Mn in 2025 and is expected to reach USD 34,055.6 Mn by 2032, growing at a compound annual growth rate (CAGR) of 5.4% from 2025 to 2032.

The cordless power tools market is evolving significantly with increasing DIY culture and home improvement activities. Moreover, growing construction and infrastructure development projects is expected to drive market growth over the forecast period. Technological advancements in lithium-ion battery technology is also one of the factors responsible for the growth of the cordless power tools market. This conventional equipment used to sport fat Ni-Cd batteries that were difficult to handle for wielders, which over the years have witnessed significant technological and design improvements.

The recycled plastics industry is experiencing a transformative period driven by groundbreaking technological innovations battery technology, motor design, and smart connectivity features. These advancements are reshaping how professionals and DIY enthusiasts approach their work, offering enhanced performance, efficiency, and user experience. Lithium-ion battery technology continues to evolve significantly, with manufacturers developing higher energy density cells that deliver longer runtime and faster charging capabilities.

Market Dynamics

The cordless power tools market is experiencing robust momentum driven by proliferation of DIY culture. This cultural shift towards self-reliant home maintenance and enhancement has created substantial demand for user-friendly, versatile power tools that don't require professional expertise to operate effectively. The convenience and portability offered by cordless power tools make them particularly attractive to DIY enthusiasts who value flexibility in their projects, from simple furniture assembly to complex renovation tasks like deck building, bathroom remodeling, and kitchen upgrades.

The global surge in construction and infrastructure development projects has emerged as a pivotal catalyst propelling the cordless power tools market to unprecedented heights. Modern construction projects, ranging from residential complexes to massive infrastructure undertakings like smart cities, bridges, and transportation networks, increasingly demand mobility, efficiency, and precision that traditional corded tools cannot adequately provide.

Furthermore, the evolution of lithium-ion battery technology has fundamentally transformed the cordless power tools landscape through significant improvements in energy density, charging speeds, and overall durability. Modern lithium-ion batteries now deliver substantially higher power-to-weight ratios compared to their predecessors, enabling manufacturers to develop tools that match or exceed the performance of corded alternatives while maintaining portability.

Fast-charging capabilities have transformed user workflows, with some batteries reaching 80% capacity in under 30 minutes. Wireless charging platforms are emerging, eliminating the need for physical connections and reducing wear on charging ports. These charging stations can simultaneously power multiple batteries while providing diagnostic information about battery health and performance metrics.

Key Features of the Study

• This report provides in-depth analysis of the cordless power tools market, and provides market size (USD Billion) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
• It profiles key players in the cordless power tools market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
• Key companies covered as a part of this study include Emerson Electric Co., Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker, Inc., Techtronic Industries Co. Ltd., Atlas Copco, Hilti, Husqvarna Group, Koki Holding Co. Ltd., Snap-on Incorporated, Ingersoll-Rand, Kyocera Corporation, Chervon Groups, Apex Tool Group, Kelvin Power Tools, FERM International B.V., Interskol, SPARKY Power Tools GmbH, and Panasonic Corporation.
• Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
• The cordless power tools market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Cordless power tools market

Market Segmentation

• Battery Type Insights (Revenue, USD Bn, 2020 - 2032)
  • NiCad
  • NiMH
  • Li-Ion
• Product Type Insights (Revenue, USD Bn, 2020 - 2032)
  • Drills
  • Saws
  • Anders
  • Grinders
  • Nail Guns
  • Cutter/Benders
  • Other Power Tools and Accessories
• Sales Channel Insights (Revenue, USD Bn, 2020 - 2032)
  • Online Sales
  • Company Direct Sales
  • Distributor Sales
• End-Use Insights (Revenue, USD Bn, 2020 - 2032)
  • Industrial and Professional
  • Automotive & Transportation
  • Aerospace & Defense
  • Electronics
  • Energy
  • Industrial Assembly
  • Others
  • Household
• Regional Insights (Revenue, USD Bn, 2020 - 2032)
  • North America
  • U.S.
  • Canada
  • Latin America
  • Brazil
  • Mexico
  • Argentina
  • Rest of Latin America
  • Europe
  • Germany
  • U.K.
  • Spain
  • France
  • Italy
  • Russia
  • Rest of Europe
  • Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
  • ASEAN
  • Rest of Asia Pacific
  • Middle East
  • GCC
  • Israel
  • Rest of Middle East
  • Africa
  • North Africa
  • Central Africa
  • South Africa
• Key Players Insights
  • Emerson Electric Co.
  • Makita Corporation
  • Robert Bosch GmbH
  • Stanley Black & Decker, Inc.
  • Techtronic Industries Co. Ltd.
  • Atlas Copco
  • Hilti
  • Husqvarna Group
  • Koki Holding Co. Ltd.
  • Snap-on Incorporated
  • Ingersoll-Rand
  • Kyocera Corporation
  • Chervon Groups
  • Apex Tool Group
  • Kelvin Power Tools
  • FERM International B.V.
  • Interskol
  • SPARKY Power Tools GmbH
  • Panasonic Corporation