The power and hand tools market size has grown steadily in recent years. It will grow from $12.32 billion in 2025 to $12.74 billion in 2026 at a compound annual growth rate (CAGR) of 3.5%. The growth in the historic period can be attributed to growth in construction and infrastructure activities, rising industrialization across emerging economies, increasing demand for productivity improvement tools, expansion of automotive manufacturing, widespread use of manual tools for basic applications.
The power and hand tools market size is expected to see steady growth in the next few years. It will grow to $14.68 billion in 2030 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to rising adoption of cordless and electric tools, growth in smart manufacturing facilities, increasing investments in infrastructure development, demand for precision tools in aerospace and electronics, expansion of electric vehicle production. Major trends in the forecast period include rising adoption of battery powered and cordless tools, growing demand for ergonomic and lightweight tool designs, increasing use of high performance tools in construction projects, expansion of power tools in automotive and aerospace applications, growing preference for durable and multi functional hand tools.
The growth of the construction industry is anticipated to drive the expansion of the power and hand tools market. The construction industry involves the planning, designing, development, and construction of buildings, infrastructure, and other physical structures. The rise in construction activities is fueled by factors such as urbanization, population growth, infrastructure development, technological advancements, and economic growth. Power and hand tools are essential for enhancing efficiency, speed, and precision in construction tasks, which contributes to the overall success and quality of projects. For example, in November 2023, the Office for National Statistics, a UK government agency, reported that new construction activities increased by £18.16 billion ($19.96 million) in 2022, with private sector projects expanding by 16.8% and public sector projects rising by 13.1%. This growth in the construction sector will drive demand for power and hand tools.
Leading companies in the power and hand tools market are emphasizing the development of battery-powered tools that offer real-time monitoring and ergonomic designs to boost user productivity. Battery-powered tools operate on rechargeable batteries rather than direct electricity, providing portability and convenience. Common examples include drills, saws, and screwdrivers used in cordless applications across construction, maintenance, and DIY projects. For instance, in January 2024, DEWALT, a US-based power tool manufacturer, introduced the DEWALT POWERSHIFT system, a fully electric equipment range tailored for the concrete industry. The POWERSHIFT system utilizes a 554 Wh battery platform to optimize power distribution, extend runtime, enable faster recharge cycles, and maintain consistent power output. The range comprises a power pack, battery, and charging infrastructure designed to streamline on-site operations, reduce noise, and enhance overall performance.
In November 2023, Snap-on Incorporated, a US-based provider of tools, equipment, diagnostics, repair information, and system solutions for professional technicians, acquired Mountz, Inc. for around $40 million. Through this acquisition, Snap-on seeks to expand its precision torque tool offerings in key industries such as aerospace, transportation, and advanced manufacturing, strengthening its commercial and industrial product portfolio. Mountz, Inc. is a US-based developer of high-precision torque tools, measurement and calibration equipment, and related documentation products.
Major companies operating in the power and hand tools market are The Bosch Limited, Danaher Corporation, Stanley Black & Decker Inc., Atlas Copco AB, Emerson Electric Co., Techtronic Industries Co. Ltd., Milwaukee Electric Tool Corporation, Makita Corporation, Ingersoll-Rand Plc, Snap-On Incorporated, MISUMI Group Inc., Chervon Holdings Limited, Apex Tool Group LLC, Fluke Corporation, Enerpac Tool Group, Chicago Pneumatic Tool, The Ames Companies In., Alberta Investment Management Corporation (AIMCo), Daniels Manufacturing Corporation, Alltrade Tools LLC, AnCor Inc., Taparia Tools.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the power and hand tools market by increasing costs of imported steel components, electric motors, batteries, and precision parts used in tool manufacturing. These effects are most pronounced across construction, automotive, and industrial segments, particularly in asia pacific and north america where global sourcing is common. Higher tariffs have led to increased product prices and margin pressure for manufacturers and distributors. At the same time, tariffs are encouraging localized production, supplier diversification, and development of cost optimized and durable tool solutions.
The power and hand tools market research report is one of a series of new reports that provides power and hand tools market statistics, including power and hand tools industry global market size, regional shares, competitors with a power and hand tools market share, detailed power and hand tools market segments, market trends and opportunities, and any further data you may need to thrive in the power and hand tools industry. This power and hand tools market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Power tools are mechanical devices powered by external sources such as electricity, batteries, or compressed air, designed to perform tasks more efficiently and with less manual effort compared to hand tools. Hand tools, on the other hand, rely on manual effort and are essential for basic, everyday tasks.
The main types of power and hand tools include secateurs, hammers, spanners, and others. Secateurs are hand tools specifically used for cutting and trimming small branches, stems, and plants in gardening and horticulture. Various technologies used in power tools include engine drivers, hydraulic and powder-actuated systems, pneumatic systems, and electric systems. These technologies cater to a range of applications across different fields such as electronics, construction, aerospace, and automobiles.North America was the largest region in the power and hand tools market in 2025. The regions covered in the power and hand tools market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the power and hand tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The power and hand tools market consists of sales of drills, saws, wrenches, screwdrivers, grinders, sanders, hammers, pliers, and multi-tools. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
The power and hand tools market size is expected to see steady growth in the next few years. It will grow to $14.68 billion in 2030 at a compound annual growth rate (CAGR) of 3.6%. The growth in the forecast period can be attributed to rising adoption of cordless and electric tools, growth in smart manufacturing facilities, increasing investments in infrastructure development, demand for precision tools in aerospace and electronics, expansion of electric vehicle production. Major trends in the forecast period include rising adoption of battery powered and cordless tools, growing demand for ergonomic and lightweight tool designs, increasing use of high performance tools in construction projects, expansion of power tools in automotive and aerospace applications, growing preference for durable and multi functional hand tools.
The growth of the construction industry is anticipated to drive the expansion of the power and hand tools market. The construction industry involves the planning, designing, development, and construction of buildings, infrastructure, and other physical structures. The rise in construction activities is fueled by factors such as urbanization, population growth, infrastructure development, technological advancements, and economic growth. Power and hand tools are essential for enhancing efficiency, speed, and precision in construction tasks, which contributes to the overall success and quality of projects. For example, in November 2023, the Office for National Statistics, a UK government agency, reported that new construction activities increased by £18.16 billion ($19.96 million) in 2022, with private sector projects expanding by 16.8% and public sector projects rising by 13.1%. This growth in the construction sector will drive demand for power and hand tools.
Leading companies in the power and hand tools market are emphasizing the development of battery-powered tools that offer real-time monitoring and ergonomic designs to boost user productivity. Battery-powered tools operate on rechargeable batteries rather than direct electricity, providing portability and convenience. Common examples include drills, saws, and screwdrivers used in cordless applications across construction, maintenance, and DIY projects. For instance, in January 2024, DEWALT, a US-based power tool manufacturer, introduced the DEWALT POWERSHIFT system, a fully electric equipment range tailored for the concrete industry. The POWERSHIFT system utilizes a 554 Wh battery platform to optimize power distribution, extend runtime, enable faster recharge cycles, and maintain consistent power output. The range comprises a power pack, battery, and charging infrastructure designed to streamline on-site operations, reduce noise, and enhance overall performance.
In November 2023, Snap-on Incorporated, a US-based provider of tools, equipment, diagnostics, repair information, and system solutions for professional technicians, acquired Mountz, Inc. for around $40 million. Through this acquisition, Snap-on seeks to expand its precision torque tool offerings in key industries such as aerospace, transportation, and advanced manufacturing, strengthening its commercial and industrial product portfolio. Mountz, Inc. is a US-based developer of high-precision torque tools, measurement and calibration equipment, and related documentation products.
Major companies operating in the power and hand tools market are The Bosch Limited, Danaher Corporation, Stanley Black & Decker Inc., Atlas Copco AB, Emerson Electric Co., Techtronic Industries Co. Ltd., Milwaukee Electric Tool Corporation, Makita Corporation, Ingersoll-Rand Plc, Snap-On Incorporated, MISUMI Group Inc., Chervon Holdings Limited, Apex Tool Group LLC, Fluke Corporation, Enerpac Tool Group, Chicago Pneumatic Tool, The Ames Companies In., Alberta Investment Management Corporation (AIMCo), Daniels Manufacturing Corporation, Alltrade Tools LLC, AnCor Inc., Taparia Tools.
Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.
Tariffs have impacted the power and hand tools market by increasing costs of imported steel components, electric motors, batteries, and precision parts used in tool manufacturing. These effects are most pronounced across construction, automotive, and industrial segments, particularly in asia pacific and north america where global sourcing is common. Higher tariffs have led to increased product prices and margin pressure for manufacturers and distributors. At the same time, tariffs are encouraging localized production, supplier diversification, and development of cost optimized and durable tool solutions.
The power and hand tools market research report is one of a series of new reports that provides power and hand tools market statistics, including power and hand tools industry global market size, regional shares, competitors with a power and hand tools market share, detailed power and hand tools market segments, market trends and opportunities, and any further data you may need to thrive in the power and hand tools industry. This power and hand tools market research report delivers a complete perspective on everything you need, with an in-depth analysis of the current and future scenarios of the industry.
Power tools are mechanical devices powered by external sources such as electricity, batteries, or compressed air, designed to perform tasks more efficiently and with less manual effort compared to hand tools. Hand tools, on the other hand, rely on manual effort and are essential for basic, everyday tasks.
The main types of power and hand tools include secateurs, hammers, spanners, and others. Secateurs are hand tools specifically used for cutting and trimming small branches, stems, and plants in gardening and horticulture. Various technologies used in power tools include engine drivers, hydraulic and powder-actuated systems, pneumatic systems, and electric systems. These technologies cater to a range of applications across different fields such as electronics, construction, aerospace, and automobiles.North America was the largest region in the power and hand tools market in 2025. The regions covered in the power and hand tools market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the power and hand tools market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
The power and hand tools market consists of sales of drills, saws, wrenches, screwdrivers, grinders, sanders, hammers, pliers, and multi-tools. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 1-3 business days.
Table of Contents
1. Executive Summary
2. Power and Hand Tools Market Characteristics
3. Power and Hand Tools Market Supply Chain Analysis
4. Global Power and Hand Tools Market Trends and Strategies
5. Power and Hand Tools Market Analysis of End Use Industries
7. Global Power and Hand Tools Strategic Analysis Framework, Current Market Size, Market Comparisons and Growth Rate Analysis
8. Global Power and Hand Tools Total Addressable Market (TAM) Analysis for the Market
9. Power and Hand Tools Market Segmentation
10. Power and Hand Tools Market Regional and Country Analysis
11. Asia-Pacific Power and Hand Tools Market
12. China Power and Hand Tools Market
13. India Power and Hand Tools Market
14. Japan Power and Hand Tools Market
15. Australia Power and Hand Tools Market
16. Indonesia Power and Hand Tools Market
17. South Korea Power and Hand Tools Market
18. Taiwan Power and Hand Tools Market
19. South East Asia Power and Hand Tools Market
20. Western Europe Power and Hand Tools Market
21. UK Power and Hand Tools Market
22. Germany Power and Hand Tools Market
23. France Power and Hand Tools Market
24. Italy Power and Hand Tools Market
25. Spain Power and Hand Tools Market
26. Eastern Europe Power and Hand Tools Market
27. Russia Power and Hand Tools Market
28. North America Power and Hand Tools Market
29. USA Power and Hand Tools Market
30. Canada Power and Hand Tools Market
31. South America Power and Hand Tools Market
32. Brazil Power and Hand Tools Market
33. Middle East Power and Hand Tools Market
34. Africa Power and Hand Tools Market
36. Power and Hand Tools Market Competitive Landscape and Company Profiles
37. Power and Hand Tools Market Other Major and Innovative Companies
40. Power and Hand Tools Market High Potential Countries, Segments and Strategies
41. Appendix
Executive Summary
Power And Hand Tools Market Global Report 2026 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses power and hand tools market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for power and hand tools? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The power and hand tools market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
- The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
- The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
- The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
- The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.
Scope
Markets Covered:
1) By Type: Secateurs; Hammers; Spanners; Other Types2) By Technology: Engine Driver; Hydraulic And Powder-Actuated; Pneumatic; Electric
3) By Application: Electronics; Construction; Aerospace; Automobiles; Other Applications
Subsegments:
1) By Secateurs: Manual Secateurs; Bypass Secateurs; Anvil Secateurs; Ratchet Secateurs; Electric Secateurs2) By Hammers: Claw Hammers; Sledgehammers; Ball Peen Hammers; Framing Hammers; Mallets; Rubber Hammers
3) By Spanners: Open-End Spanners; Box-End Spanners; Combination Spanners; Adjustable Spanners; Torque Wrenches; Ratchet Spanners; Impact Wrenches
4) By Other Types: Pliers; Screwdrivers; Saw Blades; Drills And Drill Bits; Tapes And Measuring Tools; Chisels And Gouges; Planes And Shapers; Files And Rasps
Companies Mentioned: The Bosch Limited; Danaher Corporation; Stanley Black & Decker Inc.; Atlas Copco AB; Emerson Electric Co.; Techtronic Industries Co. Ltd.; Milwaukee Electric Tool Corporation; Makita Corporation; Ingersoll-Rand Plc; Snap-On Incorporated; MISUMI Group Inc.; Chervon Holdings Limited; Apex Tool Group LLC; Fluke Corporation; Enerpac Tool Group; Chicago Pneumatic Tool; The Ames Companies In.; Alberta Investment Management Corporation (AIMCo); Daniels Manufacturing Corporation; Alltrade Tools LLC; AnCor Inc.; Taparia Tools
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: Word, PDF or Interactive Report + Excel Dashboard
Added Benefits:
- Bi-Annual Data Update
- Customisation
- Expert Consultant Support
Companies Mentioned
The companies featured in this Power and Hand Tools market report include:- The Bosch Limited
- Danaher Corporation
- Stanley Black & Decker Inc.
- Atlas Copco AB
- Emerson Electric Co.
- Techtronic Industries Co. Ltd.
- Milwaukee Electric Tool Corporation
- Makita Corporation
- Ingersoll-Rand Plc
- Snap-On Incorporated
- MISUMI Group Inc.
- Chervon Holdings Limited
- Apex Tool Group LLC
- Fluke Corporation
- Enerpac Tool Group
- Chicago Pneumatic Tool
- The Ames Companies In.
- Alberta Investment Management Corporation (AIMCo)
- Daniels Manufacturing Corporation
- Alltrade Tools LLC
- AnCor Inc.
- Taparia Tools
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 250 |
| Published | January 2026 |
| Forecast Period | 2026 - 2030 |
| Estimated Market Value ( USD | $ 12.74 Billion |
| Forecasted Market Value ( USD | $ 14.68 Billion |
| Compound Annual Growth Rate | 3.6% |
| Regions Covered | Global |
| No. of Companies Mentioned | 23 |
