Global Portable Power Tools Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product;

Cordless Tools and Corded Tools.

By Application;

Commercial and Consumer.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn876775458 Published Date: March, 2025 Updated Date: May, 2025

Introduction

Global Portable Power Tools Market (USD Million), 2021 - 2031

In the year 2024, the Global Portable Power Tools Market was valued at USD 32,399.89 million. The size of this market is expected to increase to USD 45,043.22 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.8%.

The global portable power tools market encompasses a diverse range of tools designed for convenience and efficiency in various applications. These tools, which include drills, saws, grinders, and sanders, are crucial for both professional tradespeople and DIY enthusiasts. The market has experienced significant growth due to advancements in technology, increased demand for home improvement, and rising construction activities. Innovations such as improved battery technology and the integration of smart features have further propelled market expansion, catering to the growing need for high-performance, user-friendly tools.

The market is influenced by factors such as the increasing popularity of cordless tools, which offer greater mobility and ease of use compared to their corded counterparts. Additionally, the rise in renovation and remodeling projects, driven by consumer interest in enhancing home aesthetics and functionality, has boosted demand for portable power tools. The automotive, aerospace, and manufacturing industries also contribute to market growth by adopting these tools for their efficiency and precision.

Geographically, North America and Europe have traditionally been strong markets for portable power tools, supported by robust industrial sectors and high consumer spending. However, the Asia-Pacific region is emerging as a significant growth area due to rapid urbanization, industrialization, and rising disposable incomes. The competitive landscape of the market features key players who continuously innovate and expand their product portfolios to meet evolving consumer needs and preferences. As the market evolves, trends such as increased focus on ergonomics, environmental sustainability, and smart technology integration are shaping the future of portable power tools.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product

    2. Market Snapshot, By Application
    3. Market Snapshot, By Region
  4. Global Portable Power Tools Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements
        2. Home improvement demand
        3. Increased construction activities
      2. Restraints
        1. High initial cost
        2. Maintenance and repair expenses
        3. Limited battery life
      3. Opportunities
        1. Technological innovation
        2. Smart tool integration
        3. Growth in emerging markets
    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. Global Portable Power Tools Market, By Product, 2021 - 2031 (USD Million)
      1. Cordless Tools
      2. Corded Tools
    2. Global Portable Power Tools Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial
      2. Consumer
    3. Global Portable 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
        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. 3M Co.
      2. Atlas Copco AB
      3. C. & E. Fein GmbH
      4. Hilti Corp.
      5. Koki Holdings Co. Ltd.
      6. Makita Corp.
      7. Robert Bosch GmbH
      8. Stanley Black & Decker Inc.
      9. Techtronic Industries Co. Ltd.
      10. YAMABIKO Corp
  7. Analyst Views
  8. Future Outlook of the Market