Press release
Top Trends Transforming the Power And Hand Tools Market Landscape in 2025: Advancements In Battery-Powered And Smart Tools In The Power And Hand Tools Market
Power And Hand Tools Market
What Will the Power And Hand Tools Industry Market Size Be by 2025?
The market size for power and hand tools has consistently expanded over the recent years. The market is expected to climb from a value of $11.99 billion in 2024 up to $12.52 billion in 2025, displaying a compound annual growth rate (CAGR) of 4.4%. This noticeable growth during the historical period can be credited to factors such as the surge in do-it-yourself (DIY) projects and home enhancement initiatives, enlargement in the construction industry which fuels the demand for these tools, a rise in online sales channels offering wider access to customers, an upswing in urbanization that propels residential and commercial construction undertakings, and the creation of more eco-friendly tools.
What's the Long-Term Growth Forecast for the Power And Hand Tools Market Size Through 2029?
The projected expansion of the power and hand tools market indicates a steady rise over the upcoming years. The market is estimated to reach $14.68 billion by 2029, with a constant yearly growth rate (CAGR) of 4.1%. Numerous factors contribute to the growth predicted for this period, including the rising demand for eco-friendly and sustainable power and hand tools, the integration of artificial intelligence and automation to improve tool function and user interaction, growing urbanisation and infrastructure development, the increasing prevalence of online and omnichannel retailing, and the growing demand for tailored tools to cater to specific user needs. Key trends forecasted for this period encompass intelligent and interconnected tools, progressive battery technologies, incorporation of robotics and automation in power tools, application of AI and machine learning, and highly customizable, multi-functional tools.
View the full report here:
https://www.thebusinessresearchcompany.com/report/power-and-hand-tools-global-market-report
What Are the Key Growth Drivers Fueling the Power And Hand Tools Market Expansion?
The power and hand tools market is projected to expand with the increasing growth of the construction sectors. These sectors, which include those that plan, design, develop, and construct buildings, infrastructure, and other physical structures are flourishing due to factors like urbanization, rising population, technological advances, infrastructure developments, and economic growth. A key role in successful and high-quality construction projects is played by power and hand tools, which enhance the efficiency, speed, and accuracy of the tasks. An illustration of the bullish trend is provided by the US-based construction contractor trust, ConstructConnect, which revealed that by February 2023, U.S. construction had grown by 16.7% in 2022 and reached $912 billion. Thus, the climbing industries of construction are set to stimulate the power and hand tools market.
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18438&type=smp
What Are the Key Trends Driving Power And Hand Tools Market Growth?
Key enterprises in the power and hand tools market are focusing on creating battery-operated tools having enhanced lifespan, integrating smart sensors for real-time tracking, and employing ergonomic designs. These battery-operated tools with enhanced lifespan function on rechargeable batteries, enabling them to operate for lengthened stretches without needing to be recharged often. For example, in January 2022, Bosch Power Tools GmbH, an electrical and electronic production firm based in Germany, introduced a new 18V REVOLVE 4000 green-beam rotary laser. This new tool offers an improved user experience during heavy-duty tasks, with upgraded features like an enhanced leveling scope, superior visibility that is four times brighter than conventional red beams, and extra ADS settings.
How Is the Power And Hand Tools Market Segmented?
The power and hand tools market covered in this report is segmented -
1) By Type: Secateurs, Hammers, Spanners, Other Types
2) 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 Secateurs
2) 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
Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=18438&type=smp
Which Companies Are Leading the Charge in Power And Hand Tools Market Innovation?
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
Which Regions Are Leading the Global Power And Hand Tools Market in Revenue?
North America was the largest region in the power and hand tools market in 2024. The regions covered in the power and hand tools market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18438
This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 7882 955267,
Asia: +91 88972 63534,
Americas: +1 310-496-7795 or
Email:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Top Trends Transforming the Power And Hand Tools Market Landscape in 2025: Advancements In Battery-Powered And Smart Tools In The Power And Hand Tools Market here
News-ID: 4138071 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Tool
Data Annotation Tool Market Data Annotation Tool Market
The study on the Global Data Annotation Tool Market published by Fact.MR is a comprehensive analysis of the key factors that are likely to determine the growth of Data Annotation Tool Market in the upcoming years. Further, the study dives deep to investigate the micro and macro-economic parameters that are expected to influence the global scenario of the Data Annotation Tool Market during the forecast period (2022-2031).
The report examines the…
Research Report and Overview on Titanium Carbide Tool Market, 2020-2026 with Mit …
"Global Titanium Carbide Tool Industry Research Report” Provides Detailed Insight Covering all Important Parameters Including Development Trends, Challenges, Opportunities, Key Insights and Competitive Analysis of Titanium Carbide Tool Market.
COVID-19 can affect the global economy in 3 main ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.
To know How COVID-19 Pandemic will impact this market/industry-DOWNLOAD sample…
Aluminum Carbide Tool Market Trend, Segmentation and Forecast to 2025| Mitsubish …
High speed steel tools and carbide tools are widely used machine tools. From which carbide tools are most popular for machining applications. Carbide tools have exceptional characteristics like wear resistance, material strength, chemical inertness and other superior properties.
The Aluminum Carbide Tool market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In…
Titanium Carbide Tool Market Size Study and Regional Forecasts 2019-2025| Mitsub …
High speed steel tools and carbide tools are widely used machine tools. From which carbide tools are most popular for machining applications. Carbide tools have exceptional characteristics like wear resistance, material strength, chemical inertness and other superior properties.
The Titanium Carbide Tool market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In…
What's driving the Solid Carbide Tool Market growth? Key Players are: Mitsubishi …
The worldwide market for Solid Carbide Tool is expected to grow at a CAGR of roughly over the next five years, will reach million US$ in 2024, from million US$ in 2019, according to a new Big Market Research study.
Get Discount Sample @ https://www.bigmarketresearch.com/request-for-discount/3009309?utm_source=SBL
This report focuses on the Solid Carbide Tool in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes…
Global Knurling Tool Market 2018-2025 Aloris Tool, Dorian Tool, Sassatelli
Recently added detailed market study "Global Knurling Tool Market" examines the performance of the Knurling Tool market 2018. It encloses an in-depth Research of the Knurling Tool market state and the competitive landscape globally. This report analyzes the potential of Knurling Tool market in the present and the future prospects from various angles in detail.
The Global Knurling Tool Market 2018 report includes Knurling Tool market Revenue, market Share, Knurling Tool…
