Cordless Power Tools Market

By Tool Type;

Drilling & Fastening Tools, Sawing & Cutting Tools, Demolition Tools, Material Removal Tools, Routing Tools and Others

By Motor Type;

Brushed Motors and Brushless Motors

By Li-Ion Battery Type;

12V, 18V, 20V, 40V and Above 40V

By End User;

Industrial, Commercial and Residential

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn097425712 Published Date: September, 2025 Updated Date: November, 2025

Cordless Power Tools Market Overview

Cordless Power Tools Market (USD Million)

Cordless Power Tools Market was valued at USD 2,724.18 million in the year 2024. The size of this market is expected to increase to USD 4,317.52 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 6.8%.


Cordless Power Tools Market

*Market size in USD million

CAGR 6.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)6.8 %
Market Size (2024)USD 2,724.18 Million
Market Size (2031)USD 4,317.52 Million
Market ConcentrationMedium
Report Pages340
2,724.18
2024
4,317.52
2031

Major Players

  • Atlas Copco AB
  • Robert Bosch GmbH
  • Hilti Corp.
  • Hitachi Ltd.
  • Makita Corp.
  • MTD Products Inc.
  • Panasonic Corp.
  • Snap-on Inc.
  • Stanley Black & Decker Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Cordless Power Tools Market

Fragmented - Highly competitive market without dominant players


The Cordless Power Tools Market is witnessing significant expansion as both professionals and consumers embrace efficiency, portability, and convenience. With adoption increasing by nearly 45%, the market reflects a growing shift from corded systems to cordless models that enhance operational flexibility in construction, automotive, and household tasks.

Rising Demand for Portability
The need for lightweight and portable solutions continues to drive market acceleration. About 40% of users now prefer cordless designs, valuing their ability to operate in varied environments without reliance on fixed power sources. This change underscores how ease of use and adaptability are reshaping buying preferences and driving rapid adoption.

Technological Advancements in Batteries
Battery innovations, particularly in lithium-ion technology, have transformed cordless tools by offering longer run times and quicker charging cycles. More than 55% of new cordless products utilize advanced batteries that enhance durability and operational output. These improvements allow for higher productivity while minimizing downtime, making cordless systems indispensable in demanding applications.

Integration of Smart Functionalities
Smart technologies are further strengthening cordless tool adoption. Nearly 35% of recently introduced models feature digital connectivity, intelligent sensors, and safety controls, enabling precise performance tracking and safer usage. This technological integration is elevating industry standards while aligning with the global push toward digital and automated solutions.

Future Market Prospects
The cordless power tools market is positioned for sustained growth, supported by automation trends and continuous innovation. Around 60% of organizations are set to increase investments in cordless tool technologies to boost operational efficiency and workforce productivity. With ongoing R&D and enhanced functionalities, the sector is on track for long-term expansion and wider adoption.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Tool Type
    2. Market Snapshot, By Motor Type
    3. Market Snapshot, By Li-Ion Battery Type
    4. Market Snapshot, By End User
    5. Market Snapshot, By Region
  4. Cordless Power Tools Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Battery technology advancements
        2. Increased DIY projects
        3. Construction industry growth
        4. Automotive sector demand
      2. Restraints
        1. High initial costs
        2. Battery disposal issues
        3. Limited power output
        4. Intense market competition
      3. Opportunities
        1. Smart tool integration
        2. Emerging markets growth
        3. Green manufacturing trends
        4. Product diversification
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Cordless Power Tools Market, By Tool Type, 2021 - 2031 (USD Million)
      1. Drilling & Fastening Tools
      2. Sawing & Cutting Tools
      3. Demolition Tools
      4. Material Removal Tools
      5. Routing Tools
      6. Others
    2. Cordless Power Tools Market, By Motor Type, 2021 - 2031 (USD Million)
      1. Brushed Motors
      2. Brushless Motors
    3. Cordless Power Tools Market, By Li-Ion Battery Type, 2021 - 2031 (USD Million)
      1. 12V
      2. 18V
      3. 20V
      4. 40V
      5. Above 40V
    4. Cordless Power Tools Market, By End User, 2021 - 2031 (USD Million)
      1. Industrial
      2. Commercial
      3. Residential
    5. Cordless Power Tools Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Stanley Black & Decker
      2. Robert Bosch
      3. Techtronic Industries
      4. Makita
      5. Hilti
      6. Atlas Copco
      7. Snap-on
      8. Apex Tool Group
      9. Ingersoll Rand
      10. Koki Holdings
      11. Emerson
      12. Fortive
      13. Panasonic
      14. Positec
      15. CHEVRON
  7. Analyst Views
  8. Future Outlook of the Market