PUBLISHER: TechSci Research | PRODUCT CODE: 1901671
PUBLISHER: TechSci Research | PRODUCT CODE: 1901671
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The Global Cordless Power Tools Market will grow from USD 14.44 Billion in 2025 to USD 24.91 Billion by 2031 at a 9.51% CAGR. The Global Cordless Power Tools Market is defined as the sector comprising battery-operated handheld and portable devices, such as drills, drivers, and saws, that function without a physical tether to an electrical power source. The market's trajectory is fundamentally supported by rapid advancements in lithium-ion battery technology, specifically the integration of high-efficiency brushless motors, alongside a structural shift toward cordless solutions in professional construction and an expanding global do-it-yourself culture.
| Market Overview | |
|---|---|
| Forecast Period | 2027-2031 |
| Market Size 2025 | USD 14.44 Billion |
| Market Size 2031 | USD 24.91 Billion |
| CAGR 2026-2031 | 9.51% |
| Fastest Growing Segment | Sawing and Cutting Tools |
| Largest Market | Asia Pacific |
Key Market Drivers
The integration of high-density lithium-ion battery technology and high-efficiency brushless motor systems has fundamentally altered the market landscape by enabling cordless tools to match or exceed the power output of traditional corded and pneumatic devices. This technological leap allows manufacturers to offer extended runtimes and higher torque capacities, directly accelerating the replacement of legacy tethered equipment across industrial and construction sectors.
Key Market Challenges
The Global Cordless Power Tools Market faces substantial headwinds due to macroeconomic volatility and persistently high interest rates which directly constrain capital expenditure in the residential construction sector. When borrowing costs rise, professional contractors and individual homeowners often delay or cancel new building plans and renovation projects to preserve liquidity. This contraction in construction activity limits the number of active job sites and reduces the immediate operational requirement for battery-operated equipment.
Key Market Trends
The convergence of power tool and outdoor equipment battery platforms represents a strategic shift towards universal interchangeability, where a single high-voltage battery system powers devices ranging from handheld drills to heavy-duty landscaping machinery. This ecosystem approach eliminates the need for multiple proprietary chargers and distinct battery interfaces, encouraging user loyalty to a specific brand while significantly reducing operational costs and jobsite complexity.
In this report, the Global Cordless Power Tools Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:
Company Profiles: Detailed analysis of the major companies present in the Global Cordless Power Tools Market.
Global Cordless Power Tools Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report: