Published by Coherent Market Insights
Posted on September 22, 2021
3 min readLast updated: February 3, 2026
The cordless power tools market is expanding due to technological advancements, DIY trends, and growth in various industries, with significant contributions from North America.
United States/WA: Cordless Power Tools Market Will Boom In Near Future
Report Pages:[130 Pages]
The Competitive Area of the Cordless Power Tools Market is Defined by Key Players Like:-Atlas Copco, Hilti, Husqvarna, Hitachi, and Snap-on.
Rapid urbanization and industrialization are key factors uplifting the overall growth of the Global Cordless Power Tools Market . The growing trend of “Do it Yourself” (DIY) projects, which is creating demand for amateurs and enthusiasts to upgrade or rebuild material possessions such as household appliances are again expanding the growth of the cordless power tools market size. The rise in the end-user segments such as Automobile, aerospace, construction, electronics, shipbuilding industries are also anticipated to foster market growth. Drilling & fastening devices, sawing & cutting, and demolition machines segments are gaining tremendous demand from a wide range of applications. The increasing global electric vehicles market has further resulted in the high demand for cordless power tools such as fastening and other material removal devices.
North America is estimated to exhibit tremendous growth in the near future and this attributed to the rapid growth in the end-user segments such as automobiles, electronics, construction, and aerospace in the region. Also, expanding oil &gas industry in the region due to high demand for crude oil and increasing investment has further augmented the cordless power tools market growth. According to the International Energy Agency, The crude oil production in the United States increased by 10.9% compared to 2018. As such, the United States remained the world’s top producer, followed by the Russian Federation, Saudi Arabia, Canada and Iraq
Cordless power tools that are available today come with a variety of different options and functions, allowing users to customize them to meet their exact needs. Drilling & fastening devices, Material Removal Tools, Routing Tools, demolition machines, and sawing & cutting are some of the cordless power tools. They are widely used across end-user industries such as automobile, construction, aerospace, electronics, and shipbuilding industries.
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Key Developments:
In June 2019, Bosch Power Tools has launched its range of cordless power tools like wireless screwdrivers powered by lithium-ion batteries. These power tools will boost convenience to the workers 4X compared to the existing screwdrivers
In February 2019, Peugeot Outillage launched its complete range of tools: hammer drill, jackhammer, circular saw, jigsaw, orbital sander, angle grinder, restorer, and multi-function tool
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The post [PDF] Cordless Power Tools Market: Technological Advancements Support Business Expansion appeared first on Gatorledger.
The article discusses the growth of the cordless power tools market driven by technological advancements and industry trends.
How is the DIY trend affecting the cordless power tools market?
Which regions are experiencing significant growth in this market?
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