Global Cordless Power Tools Market 2023-2027

Description

List of Tables

Technavio has been monitoring the cordless power tools market and is forecast to grow by $4433.26 mn during 2022-2027, accelerating at a CAGR of 4.53% during the forecast period. Our report on the cordless power tools 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 advances in battery technology, growth in the production of light vehicles, and DIY concept gaining momentum in developed countries.

Technavio's cordless power tools market is segmented as below:

By End-user

Professional
Consumer

By Type

Brushed motors
Brushless motors

By Geographical Landscape

North America
Europe
APAC
South America
Middle East and Africa

This study identifies the rise in EV sales as one of the prime reasons driving the cordless power tools market growth during the next few years. Also, integration of three dimensional (3D) printing technology and growing investments in railway and aerospace sectors will lead to sizable demand in the market.

Technavio 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. Our report on the cordless power tools market covers the following areas:

Cordless power tools market sizing
Cordless power tools market forecast
Cordless power tools market industry analysis

Technavio's 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 cordless power tools market vendors that include AIMCO, ANDREAS STIHL AG and Co. KG, Apex Tool Group LLC, Atlas Copco AB, Festool GmbH, Hilti Corp., Hitachi Ltd., Husqvarna AB, Makita Corp., Panasonic Holdings Corp., Positec, Robert Bosch GmbH, Snap On Inc., Stanley Black and Decker Inc., Stanley Electric Co. Ltd., Techtronic Industries Co. Ltd., The Toro Co., YAMABIKO Corp., Emak Spa, and Ferm International BV. Also, the cordless power tools 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 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 and vendor landscape in addition to an analysis of the key vendors.

Technavio 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 research - both primary and secondary. Technavio's 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.

Product Code: IRTNTR43009

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global cordless power tools market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global cordless power tools market 2017 - 2021 ($ million)
4.2 End-user Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - End-user Segment 2017 - 2021 ($ million)
4.3 Type Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.4 Geography Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
6.2 Comparison by End-user
Exhibit 32: Chart on Comparison by End-user
Exhibit 33: Data Table on Comparison by End-user
6.3 Professional - Market size and forecast 2022-2027
Exhibit 34: Chart on Professional - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Professional - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Professional - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Professional - Year-over-year growth 2022-2027 (%)
6.4 Consumer - Market size and forecast 2022-2027
Exhibit 38: Chart on Consumer - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Consumer - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Consumer - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Consumer - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by End-user
Exhibit 42: Market opportunity by End-user ($ million)

7 Market Segmentation by Type

7.1 Market segments
Exhibit 43: Chart on Type - Market share 2022-2027 (%)
Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 45: Chart on Comparison by Type
Exhibit 46: Data Table on Comparison by Type
7.3 Brushed motors - Market size and forecast 2022-2027
Exhibit 47: Chart on Brushed motors - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on Brushed motors - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on Brushed motors - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on Brushed motors - Year-over-year growth 2022-2027 (%)
7.4 Brushless motors - Market size and forecast 2022-2027
Exhibit 51: Chart on Brushless motors - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on Brushless motors - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on Brushless motors - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on Brushless motors - Year-over-year growth 2022-2027 (%)
7.5 Market opportunity by Type
Exhibit 55: Market opportunity by Type ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 57: Chart on Market share By Geographical Landscape 2022-2027 (%)
Exhibit 58: Data Table on Market share By Geographical Landscape 2022-2027 (%)
9.2 Geographic comparison
Exhibit 59: Chart on Geographic comparison
Exhibit 60: Data Table on Geographic comparison
9.3 North America - Market size and forecast 2022-2027
Exhibit 61: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 62: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 63: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 64: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.4 Europe - Market size and forecast 2022-2027
Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.5 APAC - Market size and forecast 2022-2027
Exhibit 69: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.6 South America - Market size and forecast 2022-2027
Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.7 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 China - Market size and forecast 2022-2027
Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)
9.10 Germany - Market size and forecast 2022-2027
Exhibit 89: Chart on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Germany - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Germany - Year-over-year growth 2022-2027 (%)
9.11 UK - Market size and forecast 2022-2027
Exhibit 93: Chart on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on UK - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on UK - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on UK - Year-over-year growth 2022-2027 (%)
9.12 Japan - Market size and forecast 2022-2027
Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 101: Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 102: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 104: Overview on factors of disruption
11.4 Industry risks
Exhibit 105: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 106: Vendors covered
12.2 Market positioning of vendors
Exhibit 107: Matrix on vendor position and classification
12.3 ANDREAS STIHL AG and Co. KG
Exhibit 108: ANDREAS STIHL AG and Co. KG - Overview
Exhibit 109: ANDREAS STIHL AG and Co. KG - Product / Service
Exhibit 110: ANDREAS STIHL AG and Co. KG - Key news
Exhibit 111: ANDREAS STIHL AG and Co. KG - Key offerings
12.4 Atlas Copco AB
Exhibit 112: Atlas Copco AB - Overview
Exhibit 113: Atlas Copco AB - Business segments
Exhibit 114: Atlas Copco AB - Key news
Exhibit 115: Atlas Copco AB - Key offerings
Exhibit 116: Atlas Copco AB - Segment focus
12.5 Emak Spa
Exhibit 117: Emak Spa - Overview
Exhibit 118: Emak Spa - Business segments
Exhibit 119: Emak Spa - Key offerings
Exhibit 120: Emak Spa - Segment focus
12.6 Ferm International BV
Exhibit 121: Ferm International BV - Overview
Exhibit 122: Ferm International BV - Product / Service
Exhibit 123: Ferm International BV - Key offerings
12.7 Hilti Corp.
Exhibit 124: Hilti Corp. - Overview
Exhibit 125: Hilti Corp. - Product / Service
Exhibit 126: Hilti Corp. - Key offerings
12.8 Hitachi Ltd.
Exhibit 127: Hitachi Ltd. - Overview
Exhibit 128: Hitachi Ltd. - Business segments
Exhibit 129: Hitachi Ltd. - Key news
Exhibit 130: Hitachi Ltd. - Key offerings
Exhibit 131: Hitachi Ltd. - Segment focus
12.9 Husqvarna AB
Exhibit 132: Husqvarna AB - Overview
Exhibit 133: Husqvarna AB - Business segments
Exhibit 134: Husqvarna AB - Key offerings
Exhibit 135: Husqvarna AB - Segment focus
12.10 Makita Corp.
Exhibit 136: Makita Corp. - Overview
Exhibit 137: Makita Corp. - Business segments
Exhibit 138: Makita Corp. - Key offerings
Exhibit 139: Makita Corp. - Segment focus
12.11 Panasonic Holdings Corp.
Exhibit 140: Panasonic Holdings Corp. - Overview
Exhibit 141: Panasonic Holdings Corp. - Business segments
Exhibit 142: Panasonic Holdings Corp. - Key news
Exhibit 143: Panasonic Holdings Corp. - Key offerings
Exhibit 144: Panasonic Holdings Corp. - Segment focus
12.12 Robert Bosch GmbH
Exhibit 145: Robert Bosch GmbH - Overview
Exhibit 146: Robert Bosch GmbH - Business segments
Exhibit 147: Robert Bosch GmbH - Key offerings
Exhibit 148: Robert Bosch GmbH - Segment focus
12.13 Snap On Inc.
Exhibit 149: Snap On Inc. - Overview
Exhibit 150: Snap On Inc. - Business segments
Exhibit 151: Snap On Inc. - Key news
Exhibit 152: Snap On Inc. - Key offerings
Exhibit 153: Snap On Inc. - Segment focus
12.14 Stanley Black and Decker Inc.
Exhibit 154: Stanley Black and Decker Inc. - Overview
Exhibit 155: Stanley Black and Decker Inc. - Business segments
Exhibit 156: Stanley Black and Decker Inc. - Key news
Exhibit 157: Stanley Black and Decker Inc. - Key offerings
Exhibit 158: Stanley Black and Decker Inc. - Segment focus
12.15 Stanley Electric Co. Ltd.
Exhibit 159: Stanley Electric Co. Ltd. - Overview
Exhibit 160: Stanley Electric Co. Ltd. - Business segments
Exhibit 161: Stanley Electric Co. Ltd. - Key offerings
Exhibit 162: Stanley Electric Co. Ltd. - Segment focus
12.16 Techtronic Industries Co. Ltd.
Exhibit 163: Techtronic Industries Co. Ltd. - Overview
Exhibit 164: Techtronic Industries Co. Ltd. - Business segments
Exhibit 165: Techtronic Industries Co. Ltd. - Key offerings
Exhibit 166: Techtronic Industries Co. Ltd. - Segment focus
12.17 The Toro Co.
Exhibit 167: The Toro Co. - Overview
Exhibit 168: The Toro Co. - Business segments
Exhibit 169: The Toro Co. - Key news
Exhibit 170: The Toro Co. - Key offerings
Exhibit 171: The Toro Co. - Segment focus

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 172: Inclusions checklist
Exhibit 173: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 174: Currency conversion rates for US$
13.4 Research methodology
Exhibit 175: Research methodology
Exhibit 176: Validation techniques employed for market sizing
Exhibit 177: Information sources
13.5 List of abbreviations
Exhibit 178: List of abbreviations