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    Cordless Power Tools Market

    ID: MRFR/IA - E/21450-HCR
    100 Pages
    Sakshi Gupta
    October 2025

    Cordless Power Tools Market Research Report By Power Source (Lithium-Ion Batteries, Nickel-Cadmium Batteries, Nickel-Metal Hydride Batteries), By Tool Type (Drills, Saws, Sanders, Wrenches, Impact Drivers, Reciprocating Saws, Circular Saws), By End-Use Industry (Construction, Automotive, Manufacturing, Consumer DIY), By Voltage (12 V, 18 V, 20 V, 24 V, 36 V) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2035

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    Cordless Power Tools Market Infographic
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    Cordless Power Tools Market Summary

    As per MRFR analysis, the Cordless Power Tools Market Size was estimated at 27.85 USD Billion in 2024. The Cordless Power Tools industry is projected to grow from 29.36 USD Billion in 2025 to 49.77 USD Billion by 2035, exhibiting a compound annual growth rate (CAGR) of 5.42 during the forecast period 2025 - 2035.

    Key Market Trends & Highlights

    The Cordless Power Tools Market is experiencing robust growth driven by technological advancements and changing consumer preferences.

    • North America remains the largest market for cordless power tools, driven by high consumer demand and advanced infrastructure.
    • The Asia-Pacific region is the fastest-growing market, reflecting increasing urbanization and rising disposable incomes.
    • Lithium-ion batteries dominate the market, while nickel-cadmium batteries are witnessing rapid growth due to their cost-effectiveness.
    • Key market drivers include the growing demand for cordless power tools and technological innovations that enhance performance and sustainability.

    Market Size & Forecast

    2024 Market Size 27.85 (USD Billion)
    2035 Market Size 49.77 (USD Billion)
    CAGR (2025 - 2035) 5.42%

    Major Players

    DeWalt (US), Makita (JP), Bosch (DE), Milwaukee (US), Ryobi (JP), Black & Decker (US), Hilti (LI), Festool (DE), Metabo (DE)

    Cordless Power Tools Market Trends

    The Cordless Power Tools Market is currently experiencing a notable transformation, driven by advancements in battery technology and increasing consumer demand for convenience and portability. As more professionals and DIY enthusiasts seek tools that offer flexibility without the constraints of cords, manufacturers are responding by innovating their product lines. This shift is not merely a trend but appears to be a fundamental change in how power tools are utilized across various sectors, including construction, automotive, and home improvement. Furthermore, the growing emphasis on sustainability is influencing the development of eco-friendly battery solutions, which may enhance the appeal of cordless tools in environmentally conscious markets. In addition to technological advancements, the Cordless Power Tools Market is witnessing a rise in online retail channels, which facilitate easier access to a wider range of products. This shift towards e-commerce is likely to reshape consumer purchasing behaviors, as buyers increasingly prefer the convenience of online shopping. Moreover, the integration of smart technology into cordless tools is becoming more prevalent, suggesting a future where tools are not only powerful but also intelligent, capable of providing users with real-time feedback and enhanced functionality. Overall, the market appears poised for continued growth, driven by innovation and changing consumer preferences.

    Advancements in Battery Technology

    The Cordless Power Tools Market is seeing rapid improvements in battery technology, which enhances performance and extends tool usage time. Innovations such as lithium-ion batteries are becoming more common, providing users with longer run times and shorter charging periods. This trend is likely to attract more consumers who prioritize efficiency and reliability in their tools.

    Rise of E-commerce Platforms

    The increasing prevalence of online shopping is reshaping the Cordless Power Tools Market. Consumers are now able to access a broader selection of products from various brands, often at competitive prices. This shift towards e-commerce may lead to changes in marketing strategies and distribution channels, as companies adapt to meet the demands of a digital-savvy customer base.

    Integration of Smart Technology

    The incorporation of smart technology into cordless power tools is becoming more pronounced. Features such as connectivity, real-time monitoring, and automated adjustments are enhancing user experience and tool efficiency. This trend suggests a future where tools not only perform tasks but also provide valuable insights, potentially revolutionizing how users interact with their equipment.

    The ongoing transition towards battery-operated tools reflects a broader trend in the construction and manufacturing sectors, emphasizing sustainability and efficiency in operations.

    U.S. Department of Energy

    Cordless Power Tools Market Drivers

    Expansion of Distribution Channels

    The Cordless Power Tools Market is experiencing a transformation in its distribution channels, which is facilitating greater accessibility for consumers. The rise of e-commerce platforms has revolutionized how tools are marketed and sold, allowing consumers to easily compare products and prices from the comfort of their homes. This shift is particularly beneficial for niche brands that may not have a strong presence in traditional retail outlets. Additionally, brick-and-mortar stores are adapting by enhancing their online presence and offering click-and-collect services. Market data suggests that the online segment is expected to grow significantly, driven by the convenience and variety it offers. As distribution channels continue to evolve, the market is likely to see increased competition and innovation, ultimately benefiting consumers.

    Growing Demand for Cordless Power Tools

    The Cordless Power Tools Market experiences a notable surge in demand, primarily driven by the increasing preference for convenience and portability among consumers. As more professionals and DIY enthusiasts seek tools that offer flexibility without the constraints of cords, the market is likely to expand. Recent data indicates that the market is projected to grow at a compound annual growth rate (CAGR) of approximately 6.5% over the next few years. This growth is further fueled by the rising number of construction and renovation projects, which require efficient and versatile tools. The shift towards cordless solutions is not merely a trend; it reflects a fundamental change in how tools are utilized across various sectors, including construction, automotive, and home improvement.

    Technological Innovations in Power Tools

    Technological advancements play a pivotal role in shaping the Cordless Power Tools Market. Innovations such as brushless motors, improved battery life, and enhanced safety features are becoming increasingly prevalent. These advancements not only improve the performance of cordless tools but also extend their operational lifespan, making them more appealing to consumers. For instance, the introduction of lithium-ion batteries has revolutionized the market, offering longer run times and faster charging capabilities. As manufacturers continue to invest in research and development, the market is expected to witness the emergence of smarter tools equipped with connectivity features, allowing users to monitor performance and receive maintenance alerts. This trend indicates a shift towards more intelligent and efficient power tools.

    Sustainability and Environmental Concerns

    Sustainability is becoming an increasingly important factor influencing the Cordless Power Tools Market. As consumers become more environmentally conscious, there is a growing demand for tools that are energy-efficient and produced with sustainable practices. Manufacturers are responding by developing cordless power tools that utilize eco-friendly materials and technologies. The shift towards sustainability is not only a response to consumer preferences but also aligns with regulatory pressures aimed at reducing carbon footprints. Market analysts indicate that tools with lower emissions and longer battery life are likely to gain traction, as they appeal to both professional and residential users. This focus on sustainability could potentially reshape product offerings and marketing strategies within the industry.

    Increased Adoption in Residential Applications

    The Cordless Power Tools Market is witnessing a significant increase in adoption within residential applications. Homeowners are increasingly engaging in DIY projects, leading to a higher demand for user-friendly cordless tools. This trend is supported by the growing availability of instructional content online, which empowers individuals to undertake home improvement tasks. Market data suggests that the residential segment is expected to account for a substantial share of the overall market, driven by the desire for convenience and ease of use. As more consumers invest in home renovations and repairs, the demand for versatile cordless tools that can handle various tasks is likely to rise. This shift not only enhances the market's growth potential but also encourages manufacturers to develop products tailored to the needs of the average homeowner.

    Market Segment Insights

    By Power Source: Lithium-Ion Batteries (Largest) vs. Nickel-Cadmium Batteries (Fastest-Growing)

    The Cordless Power Tools Market showcases a diverse range of power sources, with lithium-ion batteries being the largest segment, commanding a significant portion of the market. Their widespread adoption is attributed to their high energy density, lightweight design, and longer lifecycle compared to traditional battery types. In contrast, nickel-cadmium batteries, while overshadowed by lithium-ion, are experiencing a resurgence due to their cost-effectiveness and ability to perform well in extreme temperatures, making them increasingly popular for specific applications. Growth trends in the power source segment are primarily driven by advancements in battery technology and increasing consumer preference for cordless tools. Lithium-ion batteries are positioned to retain their dominance as manufacturers continue to innovate in efficiency and charging speeds. Nickel-cadmium batteries are emerging as a viable alternative in niche markets due to their reliability in tough conditions. This trend indicates a dynamic shift in component selection, influenced by user needs and regulatory changes favoring greener technologies.

    Lithium-Ion Batteries (Dominant) vs. Nickel-Cadmium Batteries (Emerging)

    Lithium-ion batteries are the dominant power source in the cordless power tools market, celebrated for their superior performance, rapid charging capabilities, and light weight. These batteries are typically found in high-end tools designed for professionals who demand efficiency and reliability. Conversely, nickel-cadmium batteries are regarded as an emerging technology within this space, appealing to budget-conscious consumers and industries where cost efficiency is paramount. Despite their lower energy density, nickel-cadmium batteries excel in rugged environments and can withstand substantial temperature variations, making them suitable for specific applications that may not favor lithium-ion solutions. As environmental regulations prompt a gradual shift towards greener alternatives, both technologies will likely coexist within this market, catering to different user segments.

    By Tool Type: Drills (Largest) vs. Saws (Fastest-Growing)

    In the Cordless Power Tools Market, drills command the largest market share among tool types, solidifying their position as a staple for both professional and DIY applications. Their versatility and functionality for a variety of tasks make them indispensable, leading to widespread adoption across sectors like construction, automotive, and home improvement. Saws, particularly reciprocating and circular saws, are rapidly gaining traction, fueled by their increasing use in renovation projects and the DIY home market, attracting significant interest from consumers.

    Drills (Dominant) vs. Saws (Emerging)

    Drills have established themselves as the dominant tool in the cordless power tools category due to their wide range of applications and the growing preference for battery-operated convenience. They are favored for both heavy-duty professional tasks and casual home uses, allowing for easy operation without the constraints of cords. In contrast, saws, particularly circular and reciprocating saws, are emerging tools driven by the DIY wave and increasing home remodeling projects. The ease of use and the capability to execute intricate cuts make them attractive choices for users, further expanding their market presence.

    By End-Use Industry: Construction (Largest) vs. Consumer DIY (Fastest-Growing)

    In the Cordless Power Tools Market, the distribution of market share among end-use industries reveals that the construction sector holds the largest share, driven by ongoing infrastructure projects and residential construction demands. Following closely are the automotive and manufacturing sectors, which also contribute significantly to the overall market, showcasing a diverse application of cordless tools. Consumer DIY is emerging as the fastest-growing segment, spurred by the rising trend of home renovations and DIY projects among consumers. This growth is further fueled by increased availability of cordless tools that offer convenience and ease of use, leading to a surge in interest and investment in home improvement activities.

    Construction: Dominant vs. Consumer DIY: Emerging

    The construction industry remains the dominant segment in the Cordless Power Tools Market due to its extensive use of tools in various applications, including framing, roofing, and finishing. In contrast, the consumer DIY segment is emerging rapidly as more individuals engage in home improvement projects. The growing accessibility of cordless tools caters to this trend, as it allows consumers to handle tasks without the hindrance of cords. The versatility and portability of these tools appeal to DIY enthusiasts, offering them convenience and functionality. This shift highlights the need for manufacturers to innovate and cater to both segments, balancing professional-grade tools with those suited for everyday consumers.

    By Voltage: 18V (Largest) vs. 24V (Fastest-Growing)

    The cordless power tools market demonstrates a clear distribution of market share among various voltage segments, with the 18V segment leading as the most widely adopted option by professional tradespeople and DIY enthusiasts alike. The robustness and versatility of 18V tools have ensured their prevalence across multiple applications, catering to a diverse customer base seeking both power and portability. Following closely, the 12V and 20V segments cater to niche markets, while the 24V and 36V options appeal primarily to specific heavy-duty applications.

    Voltage: 18V (Dominant) vs. 24V (Emerging)

    The 18V cordless power tools represent the dominant voltage segment in the market, favored for their balance of power, weight, and battery life. These tools are highly versatile, making them suitable for a wide array of tasks, from light household repairs to medium-duty construction. On the other hand, the 24V segment is emerging as a fast-growing option, particularly among professional contractors who require additional power for demanding tasks. This segment's rapid growth can be attributed to advancements in battery technology, which are making 24V tools more accessible and efficient. As more manufacturers innovate within this voltage range, we can expect increased competition and improved offerings, solidifying 24V's place within the market.

    Get more detailed insights about Cordless Power Tools Market

    Regional Insights

    North America : Market Leader in Innovation

    North America is the largest market for cordless power tools, holding approximately 40% of the global market share. The region's growth is driven by increasing DIY activities, home renovations, and a surge in construction projects. Regulatory support for energy-efficient tools further propels demand, with initiatives aimed at reducing carbon footprints. The U.S. and Canada are the primary contributors, showcasing robust market dynamics and consumer preferences for advanced technology. The competitive landscape is characterized by major players such as DeWalt, Milwaukee, and Black & Decker, which dominate the market with innovative product offerings. The presence of these key players fosters a competitive environment, driving continuous advancements in technology and product features. Additionally, the region benefits from a well-established distribution network, ensuring easy access to consumers and professionals alike.

    Europe : Emerging Market with Regulations

    Europe is witnessing significant growth in the cordless power tools market, accounting for approximately 30% of the global share. The region's expansion is fueled by increasing demand for sustainable and energy-efficient tools, supported by stringent regulations aimed at reducing environmental impact. Countries like Germany and the UK are leading this growth, with a focus on innovation and compliance with EU directives on energy efficiency. Germany stands out as a key player, hosting major manufacturers like Bosch and Festool. The competitive landscape is marked by a mix of established brands and emerging companies, all striving to meet the evolving consumer demands. The presence of robust supply chains and a growing emphasis on e-commerce further enhance market accessibility, making it easier for consumers to obtain the latest cordless tools.

    Asia-Pacific : Rapid Growth and Adoption

    Asia-Pacific is rapidly emerging as a significant player in the cordless power tools market, holding around 25% of the global market share. The region's growth is driven by urbanization, increasing disposable incomes, and a rising trend in home improvement projects. Countries like China and Japan are at the forefront, with government initiatives promoting technological advancements and sustainable practices in manufacturing. China, in particular, is witnessing a surge in demand for cordless tools, supported by a growing construction sector and a shift towards battery-operated equipment. The competitive landscape features both local and international brands, with companies like Makita and Ryobi leading the charge. The region's diverse consumer base and increasing online sales channels are further propelling market growth, making it a focal point for innovation and investment.

    Middle East and Africa : Emerging Market Potential

    The Middle East and Africa region is gradually emerging in the cordless power tools market, currently holding about 5% of the global share. The growth is primarily driven by increasing construction activities and a rising trend in DIY projects among consumers. Countries like South Africa and the UAE are leading the market, supported by government investments in infrastructure and housing development, which are crucial for market expansion. The competitive landscape is still developing, with a mix of local and international players vying for market share. Key brands like Hilti and Metabo are establishing a presence, focusing on quality and innovation to cater to the growing demand. The region's unique challenges, such as economic fluctuations and varying regulations, present both opportunities and hurdles for market players looking to expand their footprint.

    Key Players and Competitive Insights

    The Cordless Power Tools Market is currently characterized by a dynamic competitive landscape, driven by innovation, technological advancements, and a growing demand for efficiency among consumers and professionals alike. Major players such as DeWalt (US), Makita (JP), and Bosch (DE) are strategically positioning themselves through a combination of product diversification and regional expansion. DeWalt (US) has focused on enhancing its product line with advanced battery technology, while Makita (JP) emphasizes sustainability in its manufacturing processes. Bosch (DE) is leveraging digital transformation to improve customer engagement and streamline operations, collectively shaping a competitive environment that prioritizes innovation and responsiveness to market needs.

    In terms of business tactics, companies are increasingly localizing manufacturing to reduce lead times and optimize supply chains. The market structure appears moderately fragmented, with several key players exerting influence over various segments. This fragmentation allows for niche players to thrive, while larger companies capitalize on economies of scale and brand recognition. The collective influence of these key players fosters a competitive atmosphere where agility and adaptability are paramount.

    In August 2025, Milwaukee (US) announced the launch of a new line of high-performance cordless tools designed specifically for the construction industry. This strategic move not only reinforces Milwaukee's commitment to innovation but also positions the company to capture a larger share of the professional market. By focusing on the unique needs of construction professionals, Milwaukee is likely to enhance its brand loyalty and market penetration.

    In September 2025, Hilti (LI) unveiled a partnership with a leading software company to integrate AI-driven analytics into its cordless tool offerings. This collaboration aims to provide users with real-time data on tool performance and maintenance needs, thereby enhancing operational efficiency. The integration of AI into their product line signifies Hilti's forward-thinking approach and commitment to leveraging technology for improved user experience.

    In October 2025, Bosch (DE) launched a new initiative aimed at promoting sustainability within its cordless power tools segment. This initiative includes the introduction of tools made from recycled materials and a commitment to reducing carbon emissions in production. Such actions not only align with global sustainability trends but also position Bosch as a leader in environmentally responsible manufacturing practices.

    As of October 2025, the competitive trends within the Cordless Power Tools Market are increasingly defined by digitalization, sustainability, and the integration of artificial intelligence. Strategic alliances are becoming more prevalent, as companies seek to enhance their technological capabilities and market reach. Looking ahead, competitive differentiation is likely to evolve from traditional price-based competition to a focus on innovation, advanced technology, and supply chain reliability, reflecting the changing priorities of consumers and industry professionals.

    Key Companies in the Cordless Power Tools Market market include

    Industry Developments

    • Q1 2024: Hilti launches new cordless tools on 22V Nuron battery platform Hilti introduced its latest cordless power tools, including the SC 6WP-22 Plunge saw, expanding its 22V Nuron battery platform to offer enhanced performance for wood, fiberboard, drywall, and solid surface cutting applications.

    Future Outlook

    Cordless Power Tools Market Future Outlook

    The Cordless Power Tools Market is projected to grow at a 5.42% CAGR from 2024 to 2035, driven by technological advancements, increasing DIY trends, and demand for energy-efficient tools.

    New opportunities lie in:

    • Expansion into smart tool integration for enhanced user experience.
    • Development of eco-friendly battery technologies to attract sustainability-focused consumers.
    • Creation of subscription-based tool rental services for cost-effective access.

    By 2035, the market is expected to be robust, reflecting substantial growth and innovation.

    Market Segmentation

    Cordless Power Tools Market Voltage Outlook

    • 12V
    • 18V
    • 20V
    • 24V
    • 36V

    Cordless Power Tools Market Tool Type Outlook

    • Drills
    • Saws
    • Sanders
    • Wrenches
    • Impact Drivers
    • Reciprocating Saws
    • Circular Saws

    Cordless Power Tools Market Power Source Outlook

    • Lithium-Ion Batteries
    • Nickel-Cadmium Batteries
    • Nickel-Metal Hydride Batteries

    Cordless Power Tools Market End-Use Industry Outlook

    • Construction
    • Automotive
    • Manufacturing
    • Consumer DIY

    Report Scope

    MARKET SIZE 202427.85(USD Billion)
    MARKET SIZE 202529.36(USD Billion)
    MARKET SIZE 203549.77(USD Billion)
    COMPOUND ANNUAL GROWTH RATE (CAGR)5.42% (2024 - 2035)
    REPORT COVERAGERevenue Forecast, Competitive Landscape, Growth Factors, and Trends
    BASE YEAR2024
    Market Forecast Period2025 - 2035
    Historical Data2019 - 2024
    Market Forecast UnitsUSD Billion
    Key Companies ProfiledMarket analysis in progress
    Segments CoveredMarket segmentation analysis in progress
    Key Market OpportunitiesGrowing demand for lightweight, high-performance batteries enhances innovation in the Cordless Power Tools Market.
    Key Market DynamicsRising consumer preference for battery-powered tools drives innovation and competition in the cordless power tools market.
    Countries CoveredNorth America, Europe, APAC, South America, MEA

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    FAQs

    What is the projected market valuation for the Cordless Power Tools Market in 2035?

    The projected market valuation for the Cordless Power Tools Market in 2035 is 49.77 USD Billion.

    What was the market valuation of the Cordless Power Tools Market in 2024?

    The market valuation of the Cordless Power Tools Market in 2024 was 27.85 USD Billion.

    What is the expected CAGR for the Cordless Power Tools Market during the forecast period 2025 - 2035?

    The expected CAGR for the Cordless Power Tools Market during the forecast period 2025 - 2035 is 5.42%.

    Which power source segment is projected to have the highest growth in the Cordless Power Tools Market?

    The Lithium-Ion Batteries segment is projected to grow from 15.0 USD Billion in 2024 to 27.0 USD Billion by 2035.

    What are the leading tool types in the Cordless Power Tools Market by valuation?

    Drills and Circular Saws are leading tool types, with projected valuations of 9.0 USD Billion and 12.0 USD Billion respectively by 2035.

    Which end-use industry is expected to contribute the most to the Cordless Power Tools Market?

    The Construction industry is expected to contribute the most, growing from 10.0 USD Billion in 2024 to 18.0 USD Billion by 2035.

    How do the key players in the Cordless Power Tools Market compare in terms of market leadership?

    Key players such as DeWalt, Makita, and Bosch are recognized for their leadership in the Cordless Power Tools Market.

    What is the projected growth for the 18V voltage segment in the Cordless Power Tools Market?

    The 18V voltage segment is projected to grow from 8.5 USD Billion in 2024 to 15.0 USD Billion by 2035.

    What is the expected growth trajectory for the Impact Drivers tool type?

    Impact Drivers are expected to grow from 4.0 USD Billion in 2024 to 6.5 USD Billion by 2035.

    What trends are influencing the Cordless Power Tools Market in 2025?

    Trends such as increased demand for Lithium-Ion Batteries and advancements in tool technology are influencing the Cordless Power Tools Market in 2025.

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