PUBLISHER: Grand View Research | PRODUCT CODE: 1869765
PUBLISHER: Grand View Research | PRODUCT CODE: 1869765
The global cordless power tools market size was estimated at USD 13.44 billion in 2024 and is projected to reach USD 31.82 billion by 2033, growing at a CAGR of 10.4% from 2025 to 2033. The demand for cordless power tools is rapidly increasing due to the growing emphasis on operational flexibility, portability, and ease of use across construction, automotive, and manufacturing sectors.
The shift from corded to battery-operated tools is accelerated by advancements in lithium-ion batteries, which provide longer runtimes and faster charging. Additionally, the surge in home improvement and DIY projects, particularly in developed economies, is fueling consumer-level adoption. The professional trades segment is also witnessing higher demand as cordless tools reduce downtime and enhance mobility on-site. The increasing need for efficient maintenance and repair activities across industries further strengthens market growth globally.
Technological advancements in battery chemistry, such as lithium-ion and solid-state batteries, are key growth drivers for the cordless power tools industry. Manufacturers are focusing on improving energy density, durability, and power output to match the performance of corded tools. The rise of smart, connected power tools with IoT integration and digital monitoring features is enhancing productivity and precision. Rapid industrialization and urbanization in emerging economies are increasing construction and infrastructure activities, boosting tool consumption. Additionally, labor shortages in the construction sector are driving automation and the adoption of high-efficiency tools that minimize physical strain and time.
The market is witnessing continuous innovations, particularly in battery management systems, brushless motor technology, and tool connectivity. Major players are launching smart cordless tools integrated with Bluetooth and app-based performance monitoring. Modular battery systems compatible across multiple tools are emerging as a key trend, improving cost-effectiveness for professionals. Lightweight and ergonomic designs are gaining popularity to reduce user fatigue. Sustainable manufacturing practices and recyclable battery technologies are being prioritized by top brands. Furthermore, the integration of AI and sensors for predictive maintenance is redefining tool reliability and user safety.
Global Cordless Power Tools Market Report Segmentation
This report forecasts revenue growth at the global, regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the cordless power tools market report based on product type, end use, and region: