Cordless Power Tools Market Races to $39.87B by 2031 at 7.53% CAGR - Milwaukee M18, DeWalt FLEXVOLT & Bosch AI Batteries Drive Construction Boom

The Global Cordless Power Tools Market is anticipated to achieve a value of $39.87 billion by 2031.The market is anticipated to grow at 7.53% CAGR over the forecast.

According to DataM Intelligence has published a new research report on "Cordless Power Tools Market Size 2025". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.

Cordless power tools are battery-operated tools that eliminate the need for wired power sources, offering greater mobility, safety, and convenience. Powered primarily by advanced lithium-ion batteries, these tools are widely used across construction, manufacturing, automotive, DIY, woodworking, and home improvement applications.

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➣ Recent Developments:

United States

✅ In July 2025, Milwaukee Tool expanded its M18TM and MX FUELTM cordless platforms, introducing higher-torque tools with improved battery efficiency for heavy-duty construction and industrial use.

✅ In June 2025, DeWalt launched next-gen XR FLEXVOLT cordless tools, delivering corded-level performance for cutting, drilling, and fastening applications.

Europe

✅ In July 2025, Bosch Power Tools introduced AI-enabled battery management systems, extending runtime and enhancing safety across professional cordless tool ranges.

✅ In June 2025, Germany-based Hilti expanded its Nuron cordless ecosystem, enabling unified battery compatibility across more than 70 professional tools.

Asia-Pacific

✅ In July 2025, Makita unveiled new high-capacity lithium-ion cordless tools, focusing on lightweight design and extended runtime for jobsite productivity.

✅ In June 2025, China-based TTI Group increased investment in brushless motor technology for cordless tools under Ryobi and AEG brands.

Product & Innovation Trends

✅ Rapid shift toward brushless motors and high-energy-density batteries
✅ Growth of platform-based ecosystems with cross-tool battery compatibility
✅ Integration of smart features such as tool tracking and performance analytics
✅ Rising demand from DIY consumers and professional contractors

Market Outlook

✅ Increasing adoption in construction, renovation, and infrastructure projects
✅ Strong growth driven by cord replacement and safety advantages
✅ Expansion in emerging markets and e-commerce channels

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➣ Top Industry Players:

Robert Bosch, Techtronic Industries Company, Makita, Hilti, Atlas Copco, Apex Tool Group, Ingersoll Rand, Snap-On, Koki Holdings and Stanley Black & Decker

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➣ Market Segments:

By Type (Drilling and fastening tools, Demolition tools, Sawing and cutting tools, Material removal tools, Routing tools, Others),

By Category (Mass, Premium)

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