Global Cordless Power Tools Market Growth Insights – Market Volume to Reach 324.48 Million Units by 2031, Driven by Rising Adoption of Professional Cordless Systems and Expanding Battery-Powered Tools Across Construction, Industrial, and Maintenance Applications (2026–2031)

CORDLESS POWER TOOLS MARKET SIZE

The global cordless power tools market size was valued at USD 26 billion in 2025 and is expected to reach USD 38.49 billion by 2031, growing at a CAGR of 6.76% during the forecast period. This revenue growth is supported by increasing adoption of higher-value professional cordless systems and the expansion of battery-powered tools into more demanding construction, industrial, and maintenance applications.

Construction remains a major professional application area because cordless tools are used throughout framing, electrical work, installation, concrete drilling, fastening, cutting, and finishing. The US Bureau of Labor Statistics (BLS), the federal agency responsible for labor-market statistics, reported 6.4 million construction and extraction workers in May 2025, including 757,220 electricians and 670,090 carpenters, supporting a large professional user base for cordless tools in one of the world's major markets.

CORDLESS POWER TOOLS MARKET INSIGHTS BY VOLUME

The global cordless power tools market by volume is projected to reach 324.48 million units by 2031. This demand is further supported by expanding common-battery ecosystems, which allow users to operate multiple tool categories on the same battery platform, reducing the incremental cost of adding cordless tools and encouraging cross-category purchases.

Manufacturing activity creates recurring demand for cordless tools across assembly, fabrication, equipment installation, and plant maintenance. The United Nations Industrial Development Organization (UNIDO), the UN agency responsible for promoting industrial development, reported that global manufacturing production increased 1.2% quarter over quarter in Q1 2026, while Asia Pacific recorded the strongest regional growth. Expansion in manufacturing output supports greater utilization of portable tools across production, assembly, and maintenance operations.

KEY TAKEAWAYS

1. Tool Type: The drilling & fastening segment accounted for the largest market share of around 26% in 2025.
2. Drilling & Fastening: Based on drilling & fastening, the drills segment has the largest segmental share of the global cordless power tools market.
3. Category: The premium segment shows significant growth, with the fastest-growing CAGR of 7.25% during the forecast period.
4. Motor Type: The brushless motor segment dominated the market in 2025 and is expected to generate additional revenue by 2031.
5. Battery: In 2025, the 12V cordless power tools segment accounted for the largest segmental share of the battery in the global cordless power tools market.
6. End-Users: The industrial segment accounted for the largest market share in 2025.
7. Distribution Channel: Offline channels remain the dominant distribution channel for the global cordless power tools market in 2025.
8. Geography: North America accounted for around 29% of global cordless power tools revenue in 2025.

ADVANCEMENTS IN CORDLESS POWER TOOLS MARKET

1. Battery technology is improving the runtime and performance of cordless tools used in demanding applications. In 2024, Robert Bosch Power Tools GmbH, the power tools division of the Bosch Group, introduced the ProCORE18V+ 8.0Ah battery with tabless-cell technology, which improves current flow and reduces internal resistance and heat generation. Bosch reports up to 71% longer runtime than its previous ProCORE18V 8.0Ah battery under specified test conditions, supporting greater cordless use in intensive drilling, grinding, and cutting applications.
2. Cordless fastening tools are also achieving higher productivity for construction applications. In 2025, Makita U.S.A., Inc., a manufacturer of professional tools, power equipment, and accessories, introduced 18V LXT 21° and 30° framing nailers capable of driving up to 1,000 framing nails per charge using a 6.0Ah battery. Higher productivity per charge reduces dependence on pneumatic hoses and compressors across framing and structural woodworking applications.
3. Digital connectivity extends cordless tools beyond basic operation toward asset and fleet management. Milwaukee Tool's ONE-KEY platform uses Bluetooth connectivity to support tool tracking, inventory management, service records, equipment assignment, and security functions for compatible products. These capabilities support contractors and industrial users to track, manage, and maintain cordless tools across different work locations.

RECENT DEVELOPMENTS & NEWS IN THE CORDLESS POWER TOOLS MARKET

1. In June 2026, Bosch Power Tools expanded its North American jobsite portfolio with 39 new corded and cordless power tools and accessories. The rollout strengthened Bosch's 18V cordless platform across cutting, sanding, grinding, measuring, electrical, plumbing, HVAC, and other construction and professional trade applications.
2. In May 2026, Milwaukee Tool introduced the M18 FUEL STRIKER Hammer Chisel, positioned as the world's first cordless hammer chisel for professional service technicians. The product delivers 7 joules of striking force, matching leading long-barrel pneumatic hammers operating at 145 PSI, and extends cordless adoption into automotive and vehicle-maintenance applications traditionally served by pneumatic equipment.
3. In February 2026, Makita introduced the 40V max XGT 3-Speed 1/2-inch Hammer Driver-Drill (GPH03), delivering up to 1,590 in.-lbs. of maximum torque. The launch strengthened Makita's high-output cordless platform for demanding professional drilling and fastening applications across construction and installation trades.
4. In January 2026, DEWALT introduced new 20V MAX cordless solutions at World of Concrete 2026, including a brushless 21° plastic-collated duplex nailer and brushless concrete chemical sprayer. The duplex nailer is designed for concrete forming, temporary bracing, and scaffolding, expanding cordless fastening applications across concrete construction activities.

CORDLESS POWER TOOLS MARKET TRENDS

Growing Prominence of Asian Manufacturing

The growing prominence of Asian manufacturing in the global market has significantly influenced the development of the cordless power tools market. Several factors are contributing to this shift, supporting the expansion of manufacturing capabilities and strengthening the competitiveness of Asian countries in the global industry. Countries such as China, India, and Vietnam offer relatively lower production costs due to affordable labor, lower operational expenses, and the availability of established manufacturing ecosystems. These cost advantages enable manufacturers to produce cordless power tools at competitive prices while supporting large-scale production and exports to international markets. In addition, the presence of established component suppliers and manufacturing infrastructure in these countries further strengthens their position in the global cordless power tools supply chain.

Increased Emphasis on Safety & Compliance

Cordless power tools have remained a prominent product category for many years, supported by sustained demand across professional and residential applications. As the use of these tools continues to expand, the need for laboratory testing and product certification has also increased to ensure that cordless power tools comply with applicable market requirements and performance standards. Safety remains a key priority for manufacturers, distributors, and end users, particularly due to the continued importance of established safety standards. Government authorities, regulatory agencies, and industry bodies have implemented stringent safety regulations and technical standards governing the design, manufacturing, testing, and operation of cordless power tools. Compliance with these requirements helps manufacturers improve product safety, reduce operational risks, and strengthen consumer confidence while supporting the acceptance of cordless power tools across different markets.

CORDLESS POWER TOOLS MARKET DRIVERS

Advances in Lithium-ion Batteries

The rising demand for longer battery life and extended backup capacity has driven significant advancements in battery technologies used in cordless power tools. These developments have substantially improved the performance and efficiency of lithium-ion (Li-ion) batteries, making them increasingly suitable for demanding professional and residential applications. Advancements in Li-ion technology have resulted in improvements in energy density, charging speed, cycle life, safety, and overall stability, enabling users to operate cordless tools for longer periods with reduced downtime. Although replacing conventional battery technologies with Li-ion batteries can result in 10%–49% additional costs, their superior efficiency, longer operating life, and improved performance are increasing their adoption across the cordless power tools market. As manufacturers continue to focus on improving battery performance while reducing charging time and overall costs, the preference for highly efficient Li-ion batteries is expected to continue rising.

Rise in Residential Improvement & DIY Projects

In several developed economies, particularly the U.S. and European countries, adults increasingly engage in leisure activities that are creative, practical, and purposeful. Home improvement and maintenance activities are also gaining popularity as consumers undertake DIY projects based on their personal interests, skills, and preferences. In countries such as France, Germany, Italy, and the U.K., DIY activities are widely regarded as a popular hobby, encouraging consumers to invest in tools and equipment for home renovation, repair, maintenance, and customization projects. The growing interest in DIY activities is supporting the demand for convenient and efficient power tools, including cordless power tools, which offer greater portability, flexibility, and ease of use for a wide range of household applications.

INDUSTRY RESTRAINTS

Fluctuations in Raw Material Pricing

Plastic prices have continued to increase across Europe, which represents the second-largest market for plastics globally, partly due to rising production costs and the closure of several manufacturing facilities. High labor costs and increasing operational expenses have placed pressure on manufacturers, leading some production units to scale back or cease operations. In 2023, plastic production in Europe exceeded 56.8 million metric tons, highlighting the region’s significant role in the global plastics industry. The combination of high production costs, changing manufacturing dynamics, and sustained demand for plastic products continues to influence pricing and competitiveness across the European market.

CORDLESS POWER TOOLS MARKET SEGMENTATION INSIGHTS

INSIGHTS BY TOOL

The global cordless power tools market by tool is segmented into drilling & fastening, sawing & cutting, demolition, material removal, routing, and other tools. The drilling & fastening segment accounted for the largest market share of around 26% in 2025. The most common cordless power tools are drilling and fastening tools, such as drills, impact wrenches, impact drivers, screwdrivers, and nut runners. These tools are essential for many projects, from home repairs to large-scale construction and manufacturing tasks. It also enables the assembly and disassembly of structures, the installation of fixtures, and the creation of strong, durable connections between materials.

The market is anticipated to experience growth due to the rise in exploration and development undertakings, an increase in rigs, and the expansion of unconventional field development activities globally.

Based on drilling & fastening, the drills segment has the largest segmental share of the global cordless power tools market. Drills are the primary power tools for making holes or driving fasteners, such as bolts and screws. Cordless drills are powered by Li-ion batteries, making them more efficient and offering higher productivity.

Moreover, some common uses of drills are in the construction, shipbuilding, automotive, aerospace, and electrical and electronics industries for grinding metals, removing rust, and sanding blocks.

INSIGHTS BY CATEGORY

Based on the category, the premium segment shows significant growth, with the fastest-growing CAGR of 7.25% during the forecast period. Premium cordless power tools are primarily used for larger applications in industrial and commercial spaces. They are generally sold at a higher price point due to advanced features and technologies, such as Bluetooth connectivity, USB charging, higher performance, and battery compatibility. The increasing demand for these features drives growth in the global premium cordless power tools market.

The UK, the US, Germany, and other developed countries have strong demand for premium cordless power tools. However, adoption remains comparatively lower in developing markets across APAC, Latin America, and the Middle East & Africa because of the higher cost of premium equipment.

INSIGHTS BY MOTOR TYPE

Based on the motor type, the brushless motor segment dominated the market in 2025 and is expected to generate additional revenue by 2031. Demand for brushed-motor cordless power tools is supported by their lower upfront cost and simpler design. Brushed tools use carbon brushes and a commutator, allowing operation without electronic commutation circuitry.

Brushed motors are among the simplest DC motor types and generally have fewer electronic-control components than brushless motor systems. Their simpler design and lower component cost make them suitable for entry-level and price-sensitive cordless tools. However, brushless motors are increasingly preferred in higher-performance tools because they eliminate carbon-brush wear and can support greater efficiency and lower maintenance needs.

INSIGHTS BY BATTERY

In 2025, the 12V cordless power tools segment accounted for the largest segmental share of the battery in the global cordless power tools market. 12V cordless power tools come under mass-category products as they are popular among homeowners owing to their lightweight and easy-to-handle features, suitability for DIY and light-duty jobs. 12v cordless power tools are more compact, lighter, versatile, and less expensive than 18v ones.

There are several players, such as Robert Bosch, that offer 12V batteries. BAT414 is a 12V Max lithium-ion 2.0 Ah battery offered by Robert Bosch.

INSIGHTS BY END-USERS

Based on the end-users, the industrial segment accounted for the largest share of the global cordless power tools market in 2025. The industrial segment is expected to maintain its position throughout the forecast period, driven by rising demand for advanced and efficient tools across various industries. Cordless power tools are widely used in automotive, aerospace, electronics, energy, construction, shipbuilding, and other industries.

Among these, the construction sector is expected to be the largest revenue generator, supported by increasing construction and renovation activities. Cordless power tools are widely used across construction activities such as drilling, fastening, cutting, grinding, demolition, electrical installation, plumbing, and interior fit-out. Their portability makes them particularly useful across large construction sites, where workers frequently move between floors, structures, and work areas without continuous access to fixed power sources. This flexibility improves job-site mobility and productivity while reducing dependence on extension cords and fixed electrical outlets.

INSIGHTS BY DISTRIBUTION CHANNEL

Offline channels remain the dominant distribution channel for the global cordless power tools market in 2025, supported by specialty tool stores, mono-brand outlets, department stores, home-improvement retailers, and other physical retail formats. Product demonstration and physical inspection continue to support offline sales, particularly for relatively high-value professional tools. Contractors and consumers often prefer evaluating tool ergonomics, build quality, battery compatibility, and performance before purchase, while immediate product availability and established dealer relationships further strengthen the role of physical retail channels.

CORDLESS POWER TOOLS MARKET GEOGRAPHICAL ANALYSIS

North America accounted for around 29% of global cordless power tools revenue in 2025. Construction and renovation remain important sources of professional tool demand across the region. Statistics Canada, the country's national statistical agency, reported that investment in building construction increased 8.5% in 2025, supporting cordless tool use across residential, commercial, institutional, and other construction applications in Canada.

The US accounted for the highest North American cordless power tools revenue in 2025. The US Census Bureau, the federal statistical agency responsible for population and economic statistics, reported that approximately 1.36 million privately owned housing units were started in 2025. New residential construction, combined with the large existing housing stock requiring renovation and repair, supports demand for cordless tools among contractors, installers, and residential users.

APAC is expected to grow at a significant rate during 2025–2031. The Asian Development Bank (ADB), a multilateral development institution supporting economic and infrastructure development across Asia and the Pacific, committed $29.3 billion from its own resources in 2025, up 20% year over year. Transport and energy accounted for 12% and 7% of ADB commitments, respectively, supporting construction, equipment installation, and project-maintenance activity across the region, thereby widening the professional application base for cordless power tools.

India is expected to grow at a volume CAGR of 9.55% during 2025–2031. The Ministry of Statistics and Programme Implementation (MoSPI), India's national statistical authority, reported real manufacturing GVA growth of 10.7% and construction GVA growth of 7.4% in FY 2025–2026. Growth across these tool-intensive sectors increases requirements for cordless equipment used in fabrication, installation, construction, maintenance, drilling, fastening, cutting, and grinding.

CORDLESS POWER TOOLS MARKET VENDOR LANDSCAPE

The global cordless power tools market includes major multinational manufacturers and a broad group of regional and specialized vendors. Competition is shaped by product portfolio breadth, pricing, distribution reach, after-sales support, brand positioning, and relationships with professional users.

Product innovation remains an important competitive differentiator as vendors expand cordless platforms across professional, trade, and consumer applications. Development is increasingly focused on higher power output, brushless motors, advanced safety features, digital connectivity, and cordless alternatives for applications traditionally served by corded and pneumatic tools.

Vendors continue to invest significantly in product development. Hilti Group, a global construction tools and technology company, invested $554.12 million in R&D in 2025, and launched more than 70 new products and services during the year, supporting expansion across professional construction tools and digital solutions.

Global market expansion is another competitive priority. Milwaukee generated approximately 32% of its sales outside the US in 2025, with its non-US business growing slightly faster than the US business. Wider international penetration increases competition among professional cordless brands across Europe, APAC, and other markets.

Stanley Black & Decker's Tools & Outdoor segment generated $13.16 billion in sales in 2025, representing substantial scale across its tool and outdoor portfolio. Large vendors with established brands, distribution networks, and professional tool ranges can compete across multiple cordless categories while supporting product availability through extensive retail and dealer channels.