Power Tools Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Machine Type By Mode of Operation, By Mobility, By Application, By Region & Competition, 2021-2031F

Description

The Global Power Tools Market will grow from USD 40.01 Billion in 2025 to USD 59.74 Billion by 2031 at a 6.91% CAGR. Power tools are mechanical devices actuated by an additional power source like electricity or compressed air for tasks such as drilling and cutting.

Market Overview
Forecast Period	2027-2031
Market Size 2025	USD 40.01 Billion
Market Size 2031	USD 59.74 Billion
CAGR 2026-2031	6.91%
Fastest Growing Segment	Commercial
Largest Market	Asia Pacific

Key Market Drivers

The surge in global construction and infrastructure development acts as a primary catalyst for the power tools industry, necessitating robust equipment for large-scale civil engineering and commercial projects. Manufacturers are witnessing sustained demand from professional tradespeople who require durable, high-performance tools for continuous on-site application. This reliance on professional-grade equipment has insulated specific market segments from broader economic fluctuations, ensuring stability even when consumer spending softens.

Key Market Challenges

Volatility within the residential construction sector constitutes a primary impediment to the expansion of the global power tools market. This instability disrupts the consistent demand required for manufacturers to maintain efficient production cycles. When residential building activity decelerates, professional contractors delay equipment upgrades and fleet expansions, leading to a sharp drop in sales volume for standard drilling and fastening tools. Simultaneously, the home improvement segment weakens as homeowners defer renovation projects due to economic uncertainty, further reducing the consumption of DIY-grade equipment.

Key Market Trends

The Integration of Internet of Things (IoT) and Smart Tool Connectivity is fundamentally altering asset management strategies within the professional power tools market. By embedding Bluetooth modules and cellular sensors into equipment, manufacturers allow contractors to digitally track inventory location, monitor runtime data, and customize tool performance profiles remotely. This digitization shifts the value proposition from simple hardware utility to comprehensive fleet optimization, effectively reducing theft and preventing downtime through data-driven insights.

Key Market Players

Robert Bosch GmbH
Stanley Black & Decker, Inc.
Techtronic Industries Co. Ltd.
Makita Corporation
Hilti Corporation
Andreas Stihl AG & Co. KG
Atlas Copco AB
Apex Tool Group, LLC
Ingersoll Rand Inc.
Snap-on Incorporated

Report Scope:

In this report, the Global Power Tools Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Power Tools Market, By Machine Type:

Drilling Tools
Cutting/Sawing Tools
Fastening Tools
Breaker Tools
Others

Power Tools Market, By Mode of Operation:

Electric
Hydraulic
Pneumatic
Others

Power Tools Market, By Mobility:

Stationery
Portable

Power Tools Market, By Application:

Residential
Commercial
Industrial

Power Tools Market, By Region:

North America
United States
Canada
Mexico
Europe
France
United Kingdom
Italy
Germany
Spain
Asia Pacific
China
India
Japan
Australia
South Korea
South America
Brazil
Argentina
Colombia
Middle East & Africa
South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Power Tools Market.

Available Customizations:

Global 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:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Power Tools Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Machine Type (Drilling Tools, Cutting/Sawing Tools, Fastening Tools, Breaker Tools, Others)
- 5.2.2. By Mode of Operation (Electric, Hydraulic, Pneumatic, Others)
- 5.2.3. By Mobility (Stationery, Portable)
- 5.2.4. By Application (Residential, Commercial, Industrial)
- 5.2.5. By Region
- 5.2.6. By Company (2025)
5.3. Market Map

6. North America Power Tools Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Machine Type
- 6.2.2. By Mode of Operation
- 6.2.3. By Mobility
- 6.2.4. By Application
- 6.2.5. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Power Tools Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Machine Type
    - 6.3.1.2.2. By Mode of Operation
    - 6.3.1.2.3. By Mobility
    - 6.3.1.2.4. By Application
- 6.3.2. Canada Power Tools Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Machine Type
    - 6.3.2.2.2. By Mode of Operation
    - 6.3.2.2.3. By Mobility
    - 6.3.2.2.4. By Application
- 6.3.3. Mexico Power Tools Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Machine Type
    - 6.3.3.2.2. By Mode of Operation
    - 6.3.3.2.3. By Mobility
    - 6.3.3.2.4. By Application

7. Europe Power Tools Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Machine Type
- 7.2.2. By Mode of Operation
- 7.2.3. By Mobility
- 7.2.4. By Application
- 7.2.5. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Power Tools Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Machine Type
    - 7.3.1.2.2. By Mode of Operation
    - 7.3.1.2.3. By Mobility
    - 7.3.1.2.4. By Application
- 7.3.2. France Power Tools Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Machine Type
    - 7.3.2.2.2. By Mode of Operation
    - 7.3.2.2.3. By Mobility
    - 7.3.2.2.4. By Application
- 7.3.3. United Kingdom Power Tools Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Machine Type
    - 7.3.3.2.2. By Mode of Operation
    - 7.3.3.2.3. By Mobility
    - 7.3.3.2.4. By Application
- 7.3.4. Italy Power Tools Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Machine Type
    - 7.3.4.2.2. By Mode of Operation
    - 7.3.4.2.3. By Mobility
    - 7.3.4.2.4. By Application
- 7.3.5. Spain Power Tools Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Machine Type
    - 7.3.5.2.2. By Mode of Operation
    - 7.3.5.2.3. By Mobility
    - 7.3.5.2.4. By Application

8. Asia Pacific Power Tools Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Machine Type
- 8.2.2. By Mode of Operation
- 8.2.3. By Mobility
- 8.2.4. By Application
- 8.2.5. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Power Tools Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Machine Type
    - 8.3.1.2.2. By Mode of Operation
    - 8.3.1.2.3. By Mobility
    - 8.3.1.2.4. By Application
- 8.3.2. India Power Tools Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Machine Type
    - 8.3.2.2.2. By Mode of Operation
    - 8.3.2.2.3. By Mobility
    - 8.3.2.2.4. By Application
- 8.3.3. Japan Power Tools Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Machine Type
    - 8.3.3.2.2. By Mode of Operation
    - 8.3.3.2.3. By Mobility
    - 8.3.3.2.4. By Application
- 8.3.4. South Korea Power Tools Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Machine Type
    - 8.3.4.2.2. By Mode of Operation
    - 8.3.4.2.3. By Mobility
    - 8.3.4.2.4. By Application
- 8.3.5. Australia Power Tools Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Machine Type
    - 8.3.5.2.2. By Mode of Operation
    - 8.3.5.2.3. By Mobility
    - 8.3.5.2.4. By Application

9. Middle East & Africa Power Tools Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Machine Type
- 9.2.2. By Mode of Operation
- 9.2.3. By Mobility
- 9.2.4. By Application
- 9.2.5. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Power Tools Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Machine Type
    - 9.3.1.2.2. By Mode of Operation
    - 9.3.1.2.3. By Mobility
    - 9.3.1.2.4. By Application
- 9.3.2. UAE Power Tools Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Machine Type
    - 9.3.2.2.2. By Mode of Operation
    - 9.3.2.2.3. By Mobility
    - 9.3.2.2.4. By Application
- 9.3.3. South Africa Power Tools Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Machine Type
    - 9.3.3.2.2. By Mode of Operation
    - 9.3.3.2.3. By Mobility
    - 9.3.3.2.4. By Application

10. South America Power Tools Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Machine Type
- 10.2.2. By Mode of Operation
- 10.2.3. By Mobility
- 10.2.4. By Application
- 10.2.5. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Power Tools Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Machine Type
    - 10.3.1.2.2. By Mode of Operation
    - 10.3.1.2.3. By Mobility
    - 10.3.1.2.4. By Application
- 10.3.2. Colombia Power Tools Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Machine Type
    - 10.3.2.2.2. By Mode of Operation
    - 10.3.2.2.3. By Mobility
    - 10.3.2.2.4. By Application
- 10.3.3. Argentina Power Tools Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Machine Type
    - 10.3.3.2.2. By Mode of Operation
    - 10.3.3.2.3. By Mobility
    - 10.3.3.2.4. By Application

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Global Power Tools Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry
14.2. Potential of New Entrants
14.3. Power of Suppliers
14.4. Power of Customers
14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. Robert Bosch GmbH
- 15.1.1. Business Overview
- 15.1.2. Products & Services
- 15.1.3. Recent Developments
- 15.1.4. Key Personnel
- 15.1.5. SWOT Analysis
15.2. Stanley Black & Decker, Inc.
15.3. Techtronic Industries Co. Ltd.
15.4. Makita Corporation
15.5. Hilti Corporation
15.6. Andreas Stihl AG & Co. KG
15.7. Atlas Copco AB
15.8. Apex Tool Group, LLC
15.9. Ingersoll Rand Inc.
15.10. Snap-on Incorporated