The global power tools market attained a value of nearly USD 41.01 Billion in 2025. The market is further expected to grow at a CAGR of 4.50% during the forecast period of 2026-2035 to reach a value of USD 63.69 Billion by 2035.
Base Year
Historical Period
Forecast Period
Compound Annual Growth Rate
4.5%
Value in USD Billion
2026-2035
*this image is indicative*
| Global Power Tools Market Report Summary | Description | Value |
| Base Year | USD Billion | 2025 |
| Historical Period | USD Billion | 2019-2025 |
| Forecast Period | USD Billion | 2026-2035 |
| Market Size 2025 | USD Billion | 41.01 |
| Market Size 2035 | USD Billion | 63.69 |
| CAGR 2019-2025 | Percentage | XX% |
| CAGR 2026-2035 | Percentage | 4.50% |
| CAGR 2026-2035 - Market by Region | Asia Pacific | 5.1% |
| CAGR 2026-2035 - Market by Country | India | 5.2% |
| CAGR 2026-2035 - Market by Country | Brazil | 4.9% |
| CAGR 2026-2035 - Market by Tool Type | Drilling and Fastening Tools | 5.4% |
| CAGR 2026-2035 - Market by Application | Industrial | 4.8% |
| Market Share by Country 2025 | UK | 3.3% |
Power tools are those tools that are activated by an external power source and mechanism, in contrast to hand tools that exclusively utilise manual force. The most general types of power tools employ electric motors but internal combustion engines as well as compressed air can also be used. With an external power source, power tools are strong and fast, increasing productivity.
The EMR’s report titled “Power Tools Market Report and Forecast 2026-2035" offers a detailed analysis of the market based on the following segments:
Market Breakup by Mode of Operation
Market Breakup by Tool Type
Market Breakup by Application
Market Breakup by Region
The industrial segment is holding robust growth in the power tools market share across the globe in terms of application on account of the increasing demands from industries including construction, mining, and aerospace. Going further, the surge innovation and adoption and of advanced technologies among various industries is expected to boost the industrial segment growth in the global market.
The construction and automotive industries hold the highest adoption rate of power tools and are expected to drive the growth of the industrial segment. Meanwhile, the residential segment is expected to propel the market growth on account of the surging interest among consumers for DIY activities and increasing demand for power tools for basic home repairs.
Geographically, the Asia Pacific region is expected to augment the power tools market share on account of the surging demand for these tools due to rising industrialisation, urbanisation, and infrastructure development. India is expected to hold significant growth in the market share of power tools due to the rising government support to escalate the capabilities of the automotive and construction industries in the country.
| CAGR 2026-2035 - Market by | Country |
| India | 5.2% |
| Brazil | 4.9% |
| Mexico | 4.8% |
| UK | 4.4% |
| USA | 4.3% |
| Canada | XX% |
| Germany | XX% |
| France | 4.1% |
| Italy | XX% |
| China | XX% |
| Australia | XX% |
| Saudi Arabia | XX% |
| Japan | 4.0% |
Going further, the surging investments in research and development activities by tool manufacturers to build novel products are enhancing market growth in the Asia Pacific region. In several regions, governments are providing attractive subsidies to enhance manufacturing research and development facilities in their respective jurisdictions to boost tool manufacturing and subsequent sales.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the global Power Tools market, covering their competitive landscape and the latest developments like mergers, acquisitions, investments, and expansion plans.
Robert Bosch Tool Corporation is a United States-based company formed in 2003. Robert Bosch GmbH merged its North American power tool and power tool accessory categories into a single organisation under the name Robert Bosch Tool Corporation. It is a global leader in the manufacture, sale, and design of power tools, power tool accessories, rotary and oscillating tools, range finding tools, and laser and optical levelling devices.
Stanley Black & Decker, Inc. is a leading provider of power tools, hand tools, and outdoor products, among other related accessories, engineered fastening systems and products, automatic doors, and equipment and services for oil and gas and infrastructure applications. Its segments include Tools and Outdoor, and Industrial. The Tools and Outdoor segment includes hand tools, accessories and storage, outdoor power equipment businesses, and power tools.
Hilti Corporation is a global leader in producing and designing cutting-edge technologies, software, and services for the professional construction industry. The company is known for innovation, direct customer relationships, and quality. It covers the whole value-added chain from product development to manufacturing, sales, services, and logistics.
*Please note that this is only a partial list; the complete list of key players is available in the full report. Additionally, the list of key players can be customized to better suit your needs.*
Other market players include Atlas Copco AB, Techtronic Industries Co. Ltd., BLACK+DECKER, and Emerson Electric Co., among others.
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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2025, the global market of power tools attained a value of over USD 41.01 Billion.
The market is assessed to grow at a CAGR of 4.50% between 2026 and 2035.
The major market drivers is the growing construction sector worldwide, and the advantages of power tools over manual tools.
The key power tools market trends include the growing demand from the automotive industry and the increasing trend of DIY among household users.
The various mode of operation of power tools include electric and pneumatic, among others.
The different types of power tools include drilling and fastening tools, material removal tools, sawing and cutting tools, and demolition tools, among others.
The primary applications of power tools include industrial and residential.
The major players in the market are Robert Bosch Tool Corporation, Stanley Black & Decker, Inc., Hilti Corporation, Atlas Copco AB, Techtronic Industries Co. Ltd., and Emerson Electric Co., among others.
The market is estimated to witness a healthy growth in the forecast period of 2026-2035 to reach USD 63.69 Billion by 2035.
Explore our key highlights of the report and gain a concise overview of key findings, trends, and actionable insights that will empower your strategic decisions.
| REPORT FEATURES | DETAILS |
| Base Year | 2025 |
| Historical Period | 2019-2025 |
| Forecast Period | 2026-2035 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Mode of Operation |
|
| Breakup by Tool Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
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