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Cordless Power Tools Market Analysis & Forecast: 2025-2032

Cordless Power Tools Market, By Battery Type (NiCad, NiMH, and Li-Ion), By Product Type (Drills, Saws, Sanders, Grinders, Nail Guns, Cutter/Benders, and Other Power Tools and Accessories), By Sales Channel (Online Sales, Company Direct Sales, and Distributor Sales), By End User (Industrial & Professional (Automotive & Transportation, Aerospace & Defense, Electronics, Energy, Industrial Assembly, and Others) and Household), By Geography (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)

  • Historical Range: 2020 - 2024
  • Forecast Period: 2025 - 2032

Cordless Power Tools Market Analysis & Forecast: 2025-2032

The global cordless power tools market is estimated to be valued at USD 23,558.4 Mn in 2025 and is expected to reach USD 34,055 Mn, exhibiting a compound annual growth rate CAGR of 5.4% during the forecast period.

Key Takeaways

  • Based on battery type, Li-Ion segment is expected to hold around 73.5% shares in the global market in 2025.
  • Asia Pacific is projected to dominate the global market with 31.7% shares during the forecast period.

Market Overview

Cordless power tools refer to the tools that is actuated by an additional mechanism and better as power source, rather than depending on the manual labor and conventional hand instruments to accomplish the required tasks.

This conventional equipment used to sport fat Ni-Cd batteries that were difficult to handle for wielders, which over the years have witnessed significant technological and design improvements. Next generation equipment is extremely compact, sleek and are built with the aim to enhance the mobility of the instruments for any sorts of job.

Current Events and Its Impact

Current Event

Description and its Impact

Global Supply Chain Disruptions and Raw Material Shortages

  • Description: Lithium-Ion Battery Component Shortages
  • Impact: Critical impact on cordless tool production capacity and pricing due to battery dependency
  • Description: Rare Earth Metal Supply Constraints
  • Impact: Affects brushless motor manufacturing, leading to potential product delays and cost increases

Rapid Advancement in Battery Technology and IoT Integration

  • Description: Solid-State Battery Development
  • Impact: Promises longer runtime and faster charging, creating competitive advantages for early adopters
  • Description: 5G-Enabled Smart Tool Integration
  • Impact: Enables advanced fleet management and predictive maintenance features for professional users

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Cordless Power Tool Market – Pricing Analysis

  • Professional/Trade Grade: USD150-USD800+ per tool
  • Prosumer/Semi-Professional: USD80-USD300 per tool
  • Consumer/DIY: USD30-USD150 per tool

Market Trends

Ability of this ubiquitous equipment to reduce the manual labor and enhance productivity is expected to remain the primary growth driver

Cordless power tools market has witnessed significant traction over the last few years owing to its extensive portfolio that is broadly classified under drills, saws, sanders, grinders, nail guns, bare tools, carpentry tools, and other related accessories. These find significant applications in mending and developing household projects in conjunction with exhaustive list off applications in industries that include automotive, electronics, and industrial assembly among many others.

Moreover, owing to decreasing charging times, increased voltage capacity and storage have in turn led to increased usability in the heavier work load applications. These factors reduce the manual effort, time consumption and costs associated with the tasks, which will propel the overall cordless power tools market growth over the forecast period.

Increasing demands for automotive production are expected to provide significant boost to the demand growth

According to Organisation Internationale des Constructeurs d’Automobiles (OICA), international production of vehicles witnessed an increase of around 4.5% over the year, accounting for an increase of around 94 million units in 2016. Requirement of power tools to enable human workforce to support the production tasks along with the high-tech machinery is expected to drive the demands for power tools.

Moreover, Substantial benefits of cordless equipment over the corded alternatives are expected to generate the demand for replacement of the conventional instruments. Chief global trends such as demand growth for electronic vehicles and do-it-yourself (DIY) are expected to augment major growth prospects to the industry.

Segmental Insights

Cordless Power Tools Market By Battery Type

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Cordless Power Tool Market Insights, By Battery Type

Based on battery type, Li-Ion sector is projected to hold highest share of 73.5% in the global cordless power tool market during the forecast period. This dominance is primarily driven by Li-Ion batteries' superior energy density, lightweight design, longer operational life, and faster charging capabilities compared to older technologies like nickel-cadmium (NiCd) or nickel-metal hydride (NiMH).

Cordless Power Tool Market Insights, By Product Type

On the basis of product type, drills sector is projected to hold largest share in the global market in 2025. This is attributed to their versatility, widespread use across both residential and industrial applications, and essential role in construction, renovation, woodworking, and metalworking tasks.

Cordless Power Tool Market Insights, By Sales Channel

By sales channel, online segment is projected to hold largest share in the global cordless power tools market in 2025. This growth is driven by the increasing penetration of e-commerce platforms, rising consumer preference for convenience, and the availability of a wide range of products, competitive pricing, and detailed product information online.

For instance, in June 2025, Bosch Power Tools announced a new round of product additions to its growing 18V cordless and accessory portfolio with new tools and solutions engineered for power, versatility and efficiency across a wide range of jobsite tasks.

Cordless Power Tool Market Insights, By End-Use

By end-use, industrial and professional segment is projected to hold largest share in the global cordless power tools market in 2025. This dominance is driven by the rising adoption of cordless tools across construction, manufacturing, automotive, and infrastructure sectors, where efficiency, mobility, and safety are critical. Professionals increasingly prefer cordless tools due to their improved power output, extended battery life, and reduced downtime, enabling higher productivity on job sites.

Regional Insights

Cordless Power Tools Market By Regional Insights

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Asia Pacific Cordless Power Tools Market Analysis & Trends

Asia Pacific is considered as dominating region by holding 31.7% shares in the global cordless power tools market during the forecast period. This is owing to rapid urbanization, booming construction and infrastructure development, and growing industrialization across countries like China, India, and Southeast Asian nations.

For instance, in September 2025, Mova develops, manufactures, and sells power tools. It operates R&D centers and offices in Suzhou, Dongguan, and Nanjing. 

North America Cordless Power Tools Market Analysis & Trends

North America is poised to be the fastest growing region with 30.0% shares during the forecast period. Growth is being attributed by increasing adoption of cordless tools in residential, commercial, and industrial applications, alongside a strong DIY culture and rising home renovation activities. Additionally, technological advancements—such as smart tools with IoT integration and enhanced battery systems—are driving demand.

For instance, in November 2021, Makita U.S.A., Inc., the leader in cordless power tool innovation, has launched 7 new products and accessories in the 40V max and 80V max XGT® System, including new solutions for residential construction and more. 

Cordless Power Tools Market Outlook Country-Wise

The U.S. Cordless Power Tools Market Trends

The U.S. is predicted to hold around 26.1% shares in the global cordless power tool market in 2025. This is owing to the country's well-developed construction and industrial sectors, a strong DIY and home improvement culture, and widespread adoption of advanced power tools across professional and consumer segments.

For instance, in January 2025, Hilti North America, a maker of tools, technology, software, and services to the commercial construction industry, has expanded the all-on-one Nuron battery platform with technology that meets the needs of contractors, including the launch of its DD 150-U-22 Cordless Diamond Core Rig, two DSH 600/700 Cut-off Saws and PR 4/40/40G-22 Rotating Lasers.

China Cordless Power Tools Market Trends

China is predicted to hold around 11.4% shares in the global cordless power tool market in 2025, due to role as a major manufacturing hub, strong industrial growth, and rapid urbanization. The country’s focus on infrastructure development, along with rising construction activities and government-backed smart city projects, is fueling demand for cordless tools.

For instance, in October 2025, BYD unveiled the Shark hybrid pickup truck in the domestic Chinese market, following its launch in multiple overseas markets. Such innovations are propelling the cordless power tools market demand.

Analyst Opinion (Expert Opinion)

  • The cordless power tools market is growing rapidly, with innovations in battery technology (especially lithium‑ion), increased adoption of brushless motors, and demand for portability driving change. There’s a shift from corded and pneumatic tools toward cordless variants even in heavy‑duty, industrial applications.
  • Smart and platform‑based systems—batteries and chargers compatible across many tools—are gaining importance. Sustainability (battery recycling, energy efficiency) and better ergonomics are also influencing design and purchase.
  • Region‑wise, Asia Pacific currently holds the upper hand: strong industrial and DIY demand, mature infrastructure, and well‑established brands make it the largest market by revenue. However, North America is the fastest growing, led by U.S. and Canada where urbanization, infrastructure expansion, and increasing purchasing power are fueling demand.

Key Developments

  • In August 2025, Kreg Tool launched its first line of cordless power tools. A total of 23 SKUs will go on sale the beginning of the month, including core and specialty woodworking tools such as the Kreg Rebel Ionic Drive 20V pocket hole joiner (pictured). 
  • In October 2024, Bosch Power Tools introduced a range of new products that build on the brand’s existing lineup of cordless 18V tools, while also expanding into new territory by filling the tool bags of a variety of trade industries, including carpentry, electrical and for the first time, plumbing, with new hand tools brought into its lineup.

Market Report Scope

Cordless Power Tools Market Report Coverage

Report Coverage Details
Base Year: 2024 Market Size in 2025: USD 23,558.4 Mn
Historical Data for: 2020 To 2024 Forecast Period: 2025 To 2032
Forecast Period 2025 to 2032 CAGR: 5.4% 2032 Value Projection: USD 34,055.6 Mn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East: GCC Countries, Israel, and Rest of Middle East
  • Africa: South Africa, North Africa, and Central Africa
Segments covered:
  • By Battery Type: NiCad, NiMH, and Li-Ion
  • By Product Type: Drills, Saws, Sanders, Grinders, Nail Guns, Cutter/Benders, and Other Power Tools and Accessories.
  • By Sales Channel: Online Sales, Company Direct Sales, and Distributor Sales
  • By End User: Industrial & Professional (Automotive & Transportation, Aerospace & Defense, Electronics, Energy, Industrial Assembly, and Others) and Household
Companies covered:

Emerson Electric Co., Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker, Inc., Techtronic Industries Co. Ltd., Atlas Copco, Hilti, Husqvarna Group, Koki Holding Co. Ltd., Snap-on Incorporated, Ingersoll-Rand, Kyocera Corporation, Chervon Groups, Apex Tool Group, Kelvin Power Tools, FERM International B.V., Interskol, SPARKY Power Tools GmbH, Panasonic Corporation

Growth Drivers:
  • Rapid urbanization and infrastructure growth
  • Advancements in Battery Technology

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Market Opportunities

The global cordless power tools market presents significant opportunities driven by rapid urbanization and infrastructure growth in emerging markets like Asia-Pacific and Latin America. Increasing consumer interest in DIY projects and home improvement further boosts demand for user-friendly, portable tools. Technological advancements such as smart and connected tools with IoT integration offer manufacturers a chance to differentiate their products. Additionally, the growing focus on sustainability and energy efficiency creates opportunities for eco-friendly, battery-powered solutions. The rise of e-commerce also expands market reach, especially in remote or underserved regions.

Market Segmentation

  • Battery Type Insights (Revenue, USD Mn, 2020 - 2032)
    • NiCad
    • NiMH
    • Li-Ion
  • Product Type Insights (Revenue, USD Mn, 2020 - 2032)
    • Drills
    • Saws
    • Anders
    • Grinders
    • Nail Guns
    • Cutter/Benders
    • Other Power Tools and Accessories
  • Sales Channel Insights (Revenue, USD Mn, 2020 - 2032)
    • Online Sales
    • Company Direct Sales
    • Distributor Sales
  • End-Use Insights (Revenue, USD Mn, 2020 - 2032)
    • Industrial and Professional
      • Automotive & Transportation
      • Aerospace & Defense
      • Electronics
      • Energy
      • Industrial Assembly
      • Others
    • Household
  • Regional Insights (Revenue, USD Mn, 2020 - 2032)
    • North America
      • U.S.
      • Canada
    • Latin America
      • Brazil
      • Mexico
      • Argentina
      • Rest of Latin America
    • Europe
      • Germany
      • U.K.
      • Spain
      • France
      • Italy
      • Russia
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Australia
      • South Korea
      • ASEAN
      • Rest of Asia Pacific
    • Middle East
      • GCC
      • Israel
      • Rest of Middle East
    • Africa
      • North Africa
      • Central Africa
      • South Africa
  • Key Players Insights
    • Emerson Electric Co.
    • Makita Corporation
    • Robert Bosch GmbH
    • Stanley Black & Decker, Inc.
    • Techtronic Industries Co. Ltd.
    • Atlas Copco
    • Hilti
    • Husqvarna Group
    • Koki Holding Co. Ltd.
    • Snap-on Incorporated
    • Ingersoll-Rand
    • Kyocera Corporation
    • Chervon Groups
    • Apex Tool Group
    • Kelvin Power Tools
    • FERM International B.V.
    • Interskol
    • SPARKY Power Tools GmbH
    • Panasonic Corporation

Sources

Primary Research Interviews

  • Power tool manufacturers and OEMs
  • Battery technology suppliers and component manufacturers
  • Retail distributors and e-commerce platform representatives
  • Professional contractors and DIY end-users
  • Others

Databases

  • Global Trade Atlas (GTA)
  • Euromonitor International
  • IBISWorld Industry Reports
  • Others

Magazines

  • Tools of the Trade Magazine
  • Professional Tool & Equipment News
  • Hardware Retailing Magazine
  • Popular Mechanics
  • Others

Journals

  • International Journal of Advanced Manufacturing Technology
  • Journal of Manufacturing Systems
  • IEEE Transactions on Industrial Electronics
  • Others

Newspapers

  • Financial Times
  • The Wall Street Journal
  • Bloomberg Business
  • Reuters Business News
  • Others

Associations

  • Power Tool Institute (PTI)
  • European Power Tool Association (EPTA)
  • Hand Tools Institute (HTI)
  • National Association of Home Builders (NAHB)
  • Others

Public Domain Sources

  • U.S. Bureau of Labor Statistics
  • European Commission Trade Statistics
  • International Trade Centre (ITC)
  • World Bank Open Data
  • Others

Proprietary Elements

  • CMI Data Analytics Tool
  • Proprietary CMI Existing Repository of information for last 8 years

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About Author

Ramprasad Bhute is a Senior Research Consultant with over 6 years of experience in market research and business consulting. He manages consulting and market research projects centered on go-to-market strategy, opportunity analysis, competitive landscape, and market size estimation and forecasting. He also advises clients on identifying and targeting absolute opportunities to penetrate untapped markets.

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Frequently Asked Questions

The cordless power tools market is estimated to be valued at USD 23,558.4 Mn in 2025, and is expected to reach USD 34,055.6 Mn by 2032.

The CAGR of the cordless power tool market is projected to be 5.4% from 2025 to 2032.

The cordless power tool market is driven by advancements in battery and motor technology, enhancing portability and efficiency. Rising demand from construction, DIY users, and smart tool integration also fuels market growth.

High initial costs and limited battery life hinder the widespread adoption of cordless power tools. Additionally, performance limitations compared to corded tools in heavy-duty applications also restrict market growth.

In terms of battery type, Li-Ion is estimated to dominate the market revenue share in 2025.

Emerson Electric Co., Makita Corporation, Robert Bosch GmbH, Stanley Black & Decker, Inc., Techtronic Industries Co. Ltd., Atlas Copco, Hilti, Husqvarna Group, Koki Holding Co. Ltd., Snap-on Incorporated, Ingersoll-Rand, Kyocera Corporation, Chervon Groups, Apex Tool Group, Kelvin Power Tools, FERM International B.V., Interskol, SPARKY Power Tools GmbH, Panasonic Corporation are the major players operating in the market.

North America is expected to lead the cordless power tool market.

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