Exploring Battery Powered Tools Market Opportunity, Latest Trends, Demand, and Development By 2030

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The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Market comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape.

In-Depth Market Overview of Global Battery Powered Tools Market (2025-2030):

According to the latest report, the Battery Powered Tools Market size was valued at around USD39.5 billion in 2024 and is projected to reach USD43 billion by 2030. Along with this, the market is estimated to grow at a CAGR of around 2.9% during the forecast period, i.e., 2025-30. The report demonstrates the prominent factors propelling the exponential growth of the Battery Powered Tools Market.

Key Takeaways: Beneficial for Stakeholders and Clients

  • Historic Period: 2020-2023
  • Base year: 2024
  • Forecast Years: 2025-2030
  • CAGR (2025-30): 2.9%
  • Market Value in (2024): USD 39.5 Billion
  • Market Value in (2030): USD 43 Billion

Download a sample PDF of this report to gain insights into the complete report structure : https://www.marknteladvisors.com/query/request-sample/battery-powered-tools-market.html

What are the major Driver the Global Battery Powered Tools Market?

Growing Woodworking Industry Driving Market Growth – The continuously growing woodworking industry, with an expected CAGR of 3.7% in the period from 2020 to 2027 in the woodworking tools market, is driving the demand for battery-powered tools. These sawing and cutting tools have major applications in the woodworking & carpentry industry as well. The battery-powered tools provide suitability, portability, and other benefits that help in maximizing the output and minimizing the time wasted between the transition of tasks. The value of the hand tools market in woodworking by 2025 is expected to cross USD2.5 billion. Moreover, the market value of power tools in the woodworking industry is expected to reach around USD7.5 billion by 2027 with a CAGR of 4.3%. Therefore, the associated growth in this industry is driving the battery-powered tools market to increase convenience and enhance the user experience.

Global Battery Powered Tools Market Segmentation

The Battery Powered Tools Market analysis of MarkNtel Advisors explores the industry by emphasizing the growth parameters and categorizes including geographical segmentation, to offer a comprehensive understanding of the market dynamic. The further bifurcations are as follows:

  • By Tools
    • Drills & Fastening Tools - Market Size & Forecast 2020-2030, USD Million
      • Drills- Market Size & Forecast 2020-2030, USD Million
      • Wrenches- Market Size & Forecast 2020-2030, USD Million
      • Screwdrivers- Market Size & Forecast 2020-2030, USD Million
    • Sawing & Cutting Tools- Market Size & Forecast 2020-2030, USD Million
      • Band Saw- Market Size & Forecast 2020-2030, USD Million
      • Reciprocating Saw- Market Size & Forecast 2020-2030, USD Million
      • Circular Saw- Market Size & Forecast 2020-2030, USD Million
    • Demolition Tools- Market Size & Forecast 2020-2030, USD Million
      • Rotary Hammers- Market Size & Forecast 2020-2030, USD Million
      • Hammer Drills- Market Size & Forecast 2020-2030, USD Million
    • Material Removal Tools- Market Size & Forecast 2020-2030, USD Million
      • Sanders- Market Size & Forecast 2020-2030, USD Million
      • Grinders- Market Size & Forecast 2020-2030, USD Million
      • Routing Tools- Market Size & Forecast 2020-2030, USD Million
    • Garden Tools- Market Size & Forecast 2020-2030, USD Million
      • Trimmer & Blowers- Market Size & Forecast 2020-2030, USD Million
      • Lawn Mowers- Market Size & Forecast 2020-2030, USD Million
      • Ride on Lawn Mowers- Market Size & Forecast 2020-2030, USD Million
    • Vacuum Cleaners- Market Size & Forecast 2020-2030, USD Million
      • Handheld Vacuums- Market Size & Forecast 2020-2030, USD Million
      • Stick Vacuums- Market Size & Forecast 2020-2030, USD Million
    • Others (Dust Extractor, laser Tools, etc.)- Market Size & Forecast 2020-2030, USD Million
  • By Motor Type
    • Brushed Motor- Market Size & Forecast 2020-2030, USD Million
    • Brushless Motor- Market Size & Forecast 2020-2030, USD Million
  • By Battery Type
    • Lithium-Ion- Market Size & Forecast 2020-2030, USD Million
    • Nickel-Cadmium- Market Size & Forecast 2020-2030, USD Million
    • Others -Market Size & Forecast 2020-2030, USD Million
  • By End Users
    • Industrial & Commercial- Market Size & Forecast 2020-2030, USD Million
      • Construction Industry- Market Size & Forecast 2020-2030, USD Million
      • Woodworking & Carpentry- Market Size & Forecast 2020-2030, USD Million
      • Automotive Industry- Market Size & Forecast 2020-2030, USD Million
      • Electronics & Appliance Repair- Market Size & Forecast 2020-2030, USD Million
      • Others -Market Size & Forecast 2020-2030, USD Million
    • Residential- Market Size & Forecast 2020-2030, USD Million
  • By Battery Volt
    • Up to 12V - Market Size & Forecast 2020-2030, USD Million
    • 13V - 20V- Market Size & Forecast 2020-2030, USD Million
    • 21V - 36V- Market Size & Forecast 2020-2030, USD Million
    • 37V - 60V- Market Size & Forecast 2020-2030, USD Million
    • > 60V - Market Size & Forecast 2020-2030, USD Million
  • By Distribution Channel
    • Offline- Market Size & Forecast 2020-2030, USD Million
    • Online- Market Size & Forecast 2020-2030, USD Million
  • By Region
    • North America
    • South America
    • Europe
    • The Middle East & Africa
    • Asia-Pacific

As per the regional aspect, the Battery Powered Tools Market is expected to be dominated by the North America by capturing the potential market share. 

Explore further details about this research report-

https://www.marknteladvisors.com/research-library/battery-powered-tools-market.html

Top Companies in the Global Battery Powered Tools Market

Makita Corp., Robert Bosch GmbH, Stanley Black & Decker Inc., Techtronic Industries Co. Ltd., Hilti  Corporation, STIHL Tirol GmbH, Ingersoll Rand Inc., Snap ON Inc., Panasonic  Holdings Corporation, Apex Tool Group, Flex GmbH, AIMCO, Ryobi Ltd., DEWALT, Milwaukee  Tool, Other

Global Battery Powered Tools Industry Recent Development:

  • 2024: Robert Bosch GmbH has launched 2 new cordless drills named AdvancedDrill and AdvnacedImpact which are part of the ‘18V power for all systems’ to use in hard-to-reach areas.
  • 2024: Stanley Black & Decker Inc. is going to expand products in its CRAFTSMAN V20 line that offer complete freedom from cord to tackle a variety of projects using a single battery platform.

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Why Markntel Advisor Report?

Well-known business Prospects: Our accurate analysis market research report serves as a treasure map for discovering potential markets and novel product avenues. Additionally, it facilitates comparisons of products and services.

Thoughtful Customer Insights: A market report provides the marketing department with an in-depth understanding of customer requirements and desires. This information is bound to enhance products, adjust pricing, and refine advertising strategies.

Empowering Data-Backed Judgement: Our comprehensive Market research encompasses a wide spectrum of activities, including precise market sizing, detailed segment analysis, accurate demand forecasting, competitor identification, and meticulous pricing trend monitoring.

Need personalized insights? Click here to customize this report-

https://www.marknteladvisors.com/query/request-customization/battery-powered-tools-market.html

For Further Queries:

MarkNtel Advisors

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Email - sales@marknteladvisors.com

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