Battery Power Tools Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)
Battery Power Tools Market is segmented By Product Type (Cordless Drills, Cordless Saws, Cordless Grinders, Cordless Sanders, Others), By End-use (Ind....
Battery Power Tools Market Size
Market Size in USD
CAGR9.2%
| Study Period | 2024 - 2031 |
| Base Year of Estimation | 2023 |
| CAGR | 9.2% |
| Market Concentration | High |
| Major Players | Apex Tool Group, Atlas Copco AB, Hilti Corporation, Snap-On Incorporated, Stanley Black and Decker |
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
Want to purchase customized report?
please let us know !
please let us know !
Battery Power Tools Market Analysis
The battery power tools market is estimated to be valued at USD 27.3 Bn in 2024 and is expected to reach USD 50.6 Bn by 2031. It is projected to grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031. Key growth drivers for the battery power tools market include rising adoption of cordless power tools over corded ones owing to their convenience and portability.