PUBLISHER: TechNavio | PRODUCT CODE: 1719429
PUBLISHER: TechNavio | PRODUCT CODE: 1719429
The power tool batteries market is forecasted to grow by USD 1674.2 mn during 2024-2029, accelerating at a CAGR of 7.9% during the forecast period. The report on the power tool batteries market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in consumer use of power tools, increase in manufacturing of light vehicles, and declining li-ion battery prices.
Market Scope | |
---|---|
Base Year | 2025 |
End Year | 2029 |
Series Year | 2025-2029 |
Growth Momentum | Accelerate |
YOY 2025 | 7.1% |
CAGR | 7.9% |
Incremental Value | $1674.2 mn |
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
Technavio's power tool batteries market is segmented as below:
By End-user
By Type
By Capacity
By Product Type
By Geographical Landscape
This study identifies the li-ion batteries replacing nicd technology in power tool batteries as one of the prime reasons driving the power tool batteries market growth during the next few years. Also, integration of 3d printing technology and rise in ev sales will lead to sizable demand in the market.
The report on the power tool batteries market covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading power tool batteries market vendors that include A123 Systems LLC, American Honda Motor Co. Inc., ANDREAS STIHL AG and Co. KG, Atlas Copco AB, BYD Co. Ltd., E One Moli Energy Corp., EGO POWER, GS Yuasa International Ltd., Hilti AG, Husqvarna AB, Ingersoll Rand Inc., Koki Holdings Co. Ltd., LG Chem Ltd., Makita Corp., Milwaukee Tool, Panasonic Holdings Corp., Robert Bosch GmbH, Samsung SDI Co. Ltd., Snap On Inc., and Stanley Black and Decker Inc.. Also, the power tool batteries market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Exhibits: