Cordless Power Tools Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028

The Cordless Power Tools Market size is expected to grow at an annual average of CAGR 4% during the forecast period (2022-2028). Power tools are manufactured using resins such as steel, zinc, copper, brass, aluminum and nickel, as well as ferrous and non-ferrous metals. Power tools also include batteries, motors and other parts such as electronic components. Power tool manufacturers rely heavily on raw material supplies. Variable costs of raw materials, components, or finished products can result in manufacturing disruptions, delays, inefficiencies, or the unavailability of a product to market. The raw materials required for power tools are procured worldwide and are usually available at competitive prices from several suppliers.

The following segmentation are covered in this report:

By Tool Type

• Drilling and Fastening Tools
• Sawing and Cutting Tools
• Demolition Tools
• Material Removal Tools
• Routing Tools
• Others

By Distribution Channel

• Online
• Offline

Company Profile

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

Scope of the report

The research study analyses the Cordless Power Tools Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent developments

• Market overview and growth analysis
• Import and export overview
• Volume analysis
• Current market trends and future outlook
• Market opportunistic and attractive investment segment

Geographic coverage

• North America market size and/or volume
• Latin America market size and/or volume
• Europe market size and/or volume
• Asia-pacific market size and/or volume
• Rest of the world market size and/or volume

Key Questions Answered by Cordless Power Tools Market Report

• What was the Cordless Power Tools Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
• What will be the Cordless Power Tools Market CAGR of Market during the forecast period (2022-2028)?
• Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
• Which manufacturer/vendor/players in the Cordless Power Tools Market was the market leader in 2022?
• Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.