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THE GLOBAL POWER EQUIPMENT BATTERIES MARKET IS EXPECTED TO REACH USD 7.85 BILLION BY 2028 FROM USD 5.60 BILLION IN 2022, GROWING AT A CAGR OF 5.80% DURING THE FORECAST PERIOD.
The Power Equipment Batteries Market Size, Share, & Trends Analysis Report by
- Battery Type: Lithium-ion, Nickel-Cadmium, and Other
- Equipment Type: Driller, Chainsaw, Lawn Mowers, Impact Wrench, and Other
- End User: Industrial, Commercial, and Residential
- Geography: APAC, North America, Europe, Latin America, and Middle East & Africa
Industry Analysis Report, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast 2023–2028.
This report includes market data points, ranging from trend
analyses to market estimates & forecasts that you can customize
POWER EQUIPMENT BATTERIES MARKET REPORT SCOPE
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Market Size (2028) | USD 7.85 Billion |
| Market Size (2022) | USD 5.60 Billion |
| CAGR (2022-2028) | 5.80% |
| Base Year | 2022 |
| Forecast Year | 2023-2028 |
| Market Segments | Battery Type, Equipment Type, End User, and Geography |
| Geographic Analysis | North America, Europe, APAC, Latin America, and Middle East & Africa |
| KEY PLAYERS | Stanley Black & Decker, Bosch, Techtronic Industries Co. Ltd., Makita, Hilti, and Husqvarna |
MARKET INSIGHTS
The global power equipment batteries market size was valued at USD 5.60 billion in 2022 and is expected to reach USD 7.85 billion by 2028, growing at a CAGR of 5.80%. Factors such as the rapid pace of industrialization and the rise in applications of battery-powered equipment in the residential and commercial sectors are driving the growth of the global market.
Technological advances and the extensive use of battery-driven tools have accelerated the adoption of cordless power tools and equipment that are light and durable. The ban on Ni-Cd batteries in power tools has replaced Li-ion batteries in cordless power tools. Furthermore, the proportion of cordless tools has increased in the smaller power tools category, including equipment such as angle grinders, circular saws, and reciprocating saws. Thus, the rise in adopting such convenient power tools has contributed to the demand for equipment such as blades. Furthermore, with the development of new generation batteries, vendors are trying to execute cordless features in heavy power tools such as hammer drills and demolition hammers, which have the least penetration worldwide. Such initiatives will further enhance and help with product development in the global power equipment batteries market.
The dynamic garden & yard maintenance equipment industry has witnessed a paradigm shift over the years regarding global trends and challenges. The garden & yard maintenance industry is constantly evolving with environmental factors. It is also externally shaped based on the equipment and technology available. With considerable upgrades in business models and operation techniques, the market can witness further traction supported by stringent protocols and corporate policies. Accordingly, power equipment is integral to the garden and yard maintenance equipment industry. Also, with the rising interest in backyard and lawn care activities, the demand for landscaping services is growing significantly, propelling the power equipment batteries market from landscaping service providers.
MARKET TRENDS & DRIVERS
Industry 4.0 & Smart Precision Manufacturing
Industrial automation architectures have witnessed the emergence of new industrial automation system architectures along with the application of several advanced technologies in recent years. Such initiatives were mainly intended to create efficient, responsive, and flexible manufacturing processes. These advances have supported the development of innovative and sophisticated cordless power tools and propelled the demand for power equipment batteries. Further, precision manufacturing is used in industries with an extremely low tolerance. For instance, defense equipment and machines, semiconductors and chips, and automobile and aerospace manufacturing industries require precise tolerance and generate a high demand for precision tools such as Electrical Discharge Machining (EDM), lathe machines, drilling machines, and milling machines. Thus, using such power tools in these industries will also stir the demand for power equipment batteries.
Rise in the Number of Infrastructure Development Programs
The rise in residential building construction projects is expected to drive the demand for a comprehensive range of battery-powered tools, such as hammer drills, impact wrenches, and circular saws. Adopting modern, innovative, and green equipment & technologies and building materials for faster and quality construction of houses will require power tools. Consequently, the demand for power equipment batteries will increase due to the surge in construction projects in the coming years.
There has been a significant rise in infrastructure development initiatives in several countries worldwide to cater to the rapid pace of urbanization and the considerable increase in demand for housing units in recent years. For instance, Saudi Arabia's latest budget shows that the government focuses on infrastructural reforms per the 2030 vision. Such factors will drive the demand for power tools and equipment and accelerate the power equipment batteries market growth during the forecast period.
SEGMENTATION INSIGHTS
INSIGHTS BY BATTERY TYPE
The lithium-ion battery type held the largest global power equipment batteries market share in 2022. According to International Energy Agency (IEA), the lithium-ion (Li-ion) battery demand is poised by about 65% to 550 GWh in 2022, from around 330 GWh in 2021, primarily as a result of growth in electric in automobile sales, outdoor power equipment works and others. Power equipment manufacturers are striving hard to increase the efficiency, power density, cost, flexibility, battery life, recharge time, and other properties of these batteries, as well as research applications and methodologies. The increasing use of electric mobility and battery-powered equipment has increased lithium-ion battery use, projected to surge even more rapidly.
INSIGHTS BY EQUIPMENT TYPE
The type of equipment used is highly dependent on the power tool and the nature of the work. For instance, light tools like drills, drivers, and wrenches need personal and professional bits and batteries. Similarly, blades are crucial for wood and metalworking, frequently changed in tools like circular saws, reciprocating saws, band saws, and jigsaws. The growth of complexity and precision requirement in EV manufacturing, electrical and electronic circuits have fueled the growth of fasteners and fastening tools. Equipment types of the powered equipment batteries market can be categorized as driller, chainsaw, lawn mower, impact wrench, and other equipment.
The driller's equipment type segment held the largest market share in 2022. Drillers 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. Some common uses of drills can be in the construction, shipbuilding, automotive, aerospace, and electrical and electronics industries. They are also used for grinding metals, removing rust, and sanding blocks. Cordless drills can also replace screwdrivers.
Further, drill bits are prominent power equipment batteries in high demand due to their extensive end-use applications across several industries. These power equipment batteries are designed to drill holes in wood, metal, plastic, ceramic tile, porcelain, and concrete. With the availability of drills in multiple shapes and sizes, the demand for drill bits is based on specific applications. High-speed steel is often preferred for drilling holes into wood, plastic, and soft steel, which is also more affordable and reliable.
INSIGHTS BY END-USER TYPE
The industrial end-user segment of the global power equipment batteries market includes major contributors, such as the automotive and construction industries, which generated the highest revenue in 2022. The scenario is expected to remain consistent throughout the forecast period due to the demand for sophisticated tools from these industries and the increase in precision manufacturing processes. The considerable rise in renovation, retrofitting, and DIY projects is expected to drive the demand for power equipment batteries in the residential and commercial segments.
GEOGRAPHICAL ANALYSIS
North America dominated the global power equipment batteries market in 2022 and is expected to maintain its position during the forecast period, with the U.S. contributing to the highest revenue share as it is the largest economy in the region. Also, North America is home to several large industries, including automobile, construction, aerospace, electronics, and packaging. With advances in Li-ion battery technology, the North American cordless power tools industry is expected to witness high growth with a substantial surge in demand for equipment for battery-related tools.
The growth of infrastructural construction projects is set to speed up significantly post-2021. These infrastructural projects in Europe are estimated to reach a total investment of about USD 14.8 trillion. They are expected to be completed by 2040, creating a massive demand for battery power equipment at these locations in Europe. Furthermore, the China market is witnessing a surge in public-private investments and multiple real estate projects in various residential, industrial, and commercial development zones because of the boom in urbanization.
COMPETITIVE LANDSCAPE
The global power equipment batteries market is characterized by low market concentration and high competition among players. The present scenario drives vendors to alter and refine their unique value propositions to achieve a strong market presence. Currently, the market is highly fragmented and dominated by vendors such as Stanley Black & Decker, Bosch, and TTI. Also, numerous domestic tool manufacturers produce equipment in various shapes and designs that replicate products from renowned vendors. These major vendors have a global presence in three major regions, namely North America, APAC, and Europe.
In 2022, top companies such as Bosch, Stanley, Black & Decker, and Milwaukee accounted for a more than 85% revenue share in the global power equipment batteries market. Due to the highly competitive market, R&D investments in the battery power equipment industry are limited and have substantial investments, mainly from large vendors. Moreover, the short time-to-market and narrow acceptance of new technologies add to market challenges for battery power equipment vendors. R&D investments focus more on cost-cutting the production process and improving the existing product technology for value addition than developing new products. As a result, a lot of mergers & acquisitions take place to develop and enhance the offerings and attributes to survive in the market.
Frequently Asked Questions
How big is the power equipment batteries market?
What is the growth rate of the global power equipment batteries market?
What are the growing trends in the power equipment batteries market?
Which region holds the most significant global power equipment batteries market share?
Who are the key Players in the market?
The global power equipment batteries market size is expected to grow at a CAGR of approximately 5.80% from 2022 to 2028.
The following factors are likely to contribute to the growth of the power equipment batteries market during the forecast period:
- Development of Li-ion Battery Technology
- The Rise in Residential Improvement & DIY Projects
- Surging Initiatives in Manufacturer-Led Program
- Rise in the Number of Infrastructure Development Projects
Base Year: 2022
Forecast Year: 2023-2028
The report considers the present scenario of the power equipment batteries market and its market dynamics for 2023−2028. It covers a detailed overview of several market growth enablers, restraints, and trends. The study covers both the demand and supply sides of the industry. It also profiles and analyzes leading companies and several other prominent companies operating in the industry.
Key Company Profiles
- Stanley Black & Decker
- Business Overview
- Product Offerings
- Key Strategies
- Key Strengths
- Key Opportunities
- Bosch
- Techtronic Industries Co. Ltd.
- Makita
- Hilti
- Husqvarna
Other Prominent Vendors
- Apex Tool Group
- Business Overview
- Product Offerings
- Ariens Company (Ariensco)
- Atlas Copco
- Snap On
- Koki Holdings
- Einhell
- Echo Incorporated
- Fortive
- Masport
- Positec
- CHERVON
- Fein
- FERM
- Aimco
- Festool
- CS Unitec
- Dynabrade
- Deere &Company
- STIHL
- Kyocera
- INTERSKOL
- Uryu Seisaku
- Ingersoll Rand
- Emerson
Segmentation by Battery Type
- Lithium-ion
- Nickel-Cadmium
- Others
Segmentation by Equipment Type
- Driller
- Chainsaw
- Lawn Mowers
- Impact Wrench
- Others
Segmentation by End User
- Industrial
- Construction
- Automotive
- Aerospace
- Electronics
- Energy
- Shipbuilding
- Other Industries
- Commercial
- Residential
Segmentation by Geography
- North America
- The U.S.
- Canada
- Europe
- The U.K.
- Germany
- France
- Russia
- Italy
- Spain
- APAC
- China
- Japan
- South Korea
- India
- Australia
- Latin America
- Brazil
- Mexico
- Argentina
- Middle East & Africa
- South Africa
- Saudi Arabia
- UAE
- Turkey
EXHIBIT 1 SEGMENTATION OF GLOBAL POWER EQUIPMENT BATTERIES MARKET
EXHIBIT 2 MARKET SIZE CALCULATION APPROACH 2022
EXHIBIT 3 GOLF PARTICIPATION & GOLF COURSE STATISTICS IN US 2022
EXHIBIT 4 MAJOR TRENDS IN GLOBAL POWER EQUIPMENT BATTERIES MARKET
EXHIBIT 5 FACTORS DRIVING DEMAND FOR POWER TOOL EQUIPMENT
EXHIBIT 6 CONSUMER PREFERENCES IN BATTERY-POWERED EQUIPMENT MARKET 2021
EXHIBIT 7 MAJOR FUTURE OPPORTUNITIES FOR BATTERY-POWERED EQUIPMENT MARKET
EXHIBIT 8 USAGE OF POWER TOOL BATTERIES EQUIPMENT
EXHIBIT 9 LIFECYCLE OF GLOBAL POWER EQUIPMENT BATTERIES MARKET
EXHIBIT 10 IMPACT OF EUROPEAN UNREST
EXHIBIT 11 VALUE CHAIN ANALYSIS OF GLOBAL POWER EQUIPMENT BATTERIES MARKET
EXHIBIT 12 IMPACT OF INDUSTRY 4.0 & SMART PRECISION MANUFACTURING
EXHIBIT 13 OPERATIONAL BENEFITS OF INDUSTRY 4.0
EXHIBIT 14 IMPACT OF EXPONENTIAL GROWTH OF CONSTRUCTION SECTOR
EXHIBIT 15 DRIVING FACTORS FOR GLOBAL CONSTRUCTION INDUSTRY
EXHIBIT 16 IMPACT OF GROWING PROMINENCE OF ASIAN MANUFACTURING
EXHIBIT 17 MAJOR GROWTH DRIVERS FACTORS IN APAC MANUFACTURING INDUSTRY
EXHIBIT 18 FACTS AND DIMENSIONS OF ECONOMIC GROWTH IN APAC
EXHIBIT 19 IMPACT OF RISING DEMAND FOR HOME OWNERSHIP & IMPROVEMENT
EXHIBIT 20 HOME OWNERSHIP IN US Q4 2018-Q4 2022 (%)
EXHIBIT 21 EU HOUSEHOLD EXPENDITURE BY COUNTRY IN 2022 (% SHARE)
EXHIBIT 22 US EXPENDITURE ON HOME ACTIVITIES IN 2021–2022
EXHIBIT 23 IMPACT OF DEVELOPMENT OF LITHIUM-ION BATTERY TECHNOLOGY
EXHIBIT 24 FACTS ABOUT GLOBAL LITHIUM-ION MARKET
EXHIBIT 25 COMPARATIVE ANALYSIS AMONG DIFFERENT TYPES OF BATTERIES
EXHIBIT 26 CHANGE IN AVERAGE PRICE OF LITHIUM-ION BATTERIES 2010−2030 ($ PER KWH)
EXHIBIT 27 IMPACT OF RISE IN RESIDENTIAL IMPROVEMENT & DIY PROJECTS
EXHIBIT 28 USES OF DIY BATTERY-POWERED EQUIPMENT AND ACCESSORIES
EXHIBIT 29 IMPACT OF RISE IN INITIATIVES IN MANUFACTURER-LED PROGRAMS
EXHIBIT 30 IMPACT OF RISE IN NUMBER OF INFRASTRUCTURE DEVELOPMENT PROJECTS
EXHIBIT 31 IMPACT OF HIGH AVAILABILITY OF HAND TOOLS AND LOW-COST LABOR
EXHIBIT 32 HAND TOOLS CLASSIFIED INTO DIFFERENT GROUPS
EXHIBIT 33 IMPACT OF FLUCTUATIONS IN RAW MATERIAL PRICES
EXHIBIT 34 AVERAGE STEEL PRICES ($/TONNE)
EXHIBIT 35 IMPACT OF END-USER VARIABILITY
EXHIBIT 36 IMPACT OF TURBULENT GLOBAL POLITICAL AND TRADE RELATIONS
EXHIBIT 37 GLOBAL POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 38 FIVE FORCES ANALYSIS 2022
EXHIBIT 39 INCREMENTAL GROWTH BY BATTERY TYPE 2022 & 2028
EXHIBIT 40 CLASSIFICATION OF BATTERY TYPE
EXHIBIT 41 OVERVIEW OF GLOBAL POWER EQUIPMENT BATTERIES MARKET BY BATTERY TYPE 2022
EXHIBIT 42 MAJOR ADVANTAGES OF LITHIUM BATTERIES
EXHIBIT 43 LITHIUM-ION BATTERY DEMAND BY REGION IN 2022 (GWH - GIGAWATT HOURS)
EXHIBIT 44 GLOBAL LITHIUM-ION POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 45 PROS AND CONS OF NICKEL-CADMIUM BATTERIES
EXHIBIT 46 GLOBAL NICKEL-CADMIUM POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 47 GLOBAL OTHERS POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 48 INCREMENTAL GROWTH BY EQUIPMENT TYPE 2022 & 2028
EXHIBIT 49 GLOBAL DRILLER POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 50 GLOBAL CHAINSAW POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 51 CLASSIFICATION OF LAWN MOWERS
EXHIBIT 52 GLOBAL LAWN MOWER POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 53 GLOBAL IMPACT WRENCH POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 54 GLOBAL OTHERS POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 55 INCREMENTAL GROWTH BY END-USER 2022 & 2028
EXHIBIT 56 OVERVIEW OF GLOBAL POWER EQUIPMENT BATTERIES MARKET BY END-USER 2022
EXHIBIT 57 INCREMENTAL GROWTH CONTRIBUTION OF END-USERS IN GLOBAL POWER EQUIPMENT BATTERIES MARKET ($ MILLION)
EXHIBIT 58 GLOBAL INDUSTRIAL POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 59 FIVE LARGEST AIRPORT INFRASTRUCTURE CONSTRUCTION IN APAC IN 2021 ($ MILLION)
EXHIBIT 60 GLOBAL COMMERCIAL POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 61 GLOBAL RESIDENTIAL POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 62 INCREMENTAL GROWTH BY GEOGRAPHY 2022 & 2028
EXHIBIT 63 VALUE OF CONSTRUCTION ACTIVITIES IN EUROPE IN 2021 ($ BILLION)
EXHIBIT 64 NORTH AMERICA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 65 INCREMENTAL GROWTH IN NORTH AMERICA 2022 & 2028
EXHIBIT 66 US POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 67 CANADA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 68 MOST POPULAR EV COMPANIES IN EUROPE 2020
EXHIBIT 69 EUROPE POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 70 INCREMENTAL GROWTH IN EUROPE 2022–2028
EXHIBIT 71 UK POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 72 GERMANY POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 73 FRANCE POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 74 RUSSIA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 75 MAJOR COMPANIES IN RUSSIAN OIL & GAS INDUSTRY
EXHIBIT 76 ITALY POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 77 SPAIN POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 78 APAC POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 79 INCREMENTAL GROWTH IN APAC 2022 & 2028
EXHIBIT 80 FIVE LARGEST CONSTRUCTION PROJECTS INITIATED IN CHINA
EXHIBIT 81 CHINA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 82 JAPAN POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 83 SOUTH KOREA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 84 INDIA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 85 AUSTRALIA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 86 VALUE OF CONSTRUCTION INDUSTRY IN LATIN AMERICAN 2022 ($ BILLION)
EXHIBIT 87 LATIN AMERICA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 88 INCREMENTAL GROWTH IN LATIN AMERICA 2022 & 2028
EXHIBIT 89 MEXICO POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 90 MEXICO CONSTRUCTION OUTLOOK 2020–2022 (% CHANGE YOY)
EXHIBIT 91 LARGEST CONSTRUCTION PROJECTS INITIATED IN BRAZIL
EXHIBIT 92 BRAZIL POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 93 POWER EQUIPMENT BATTERIES MARKET IN ARGENTINA 2022–2028 ($ MILLION)
EXHIBIT 94 MIDDLE EAST & AFRICA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 95 INCREMENTAL GROWTH IN MIDDLE EAST & AFRICA 2022 & 2028
EXHIBIT 96 SOUTH AFRICA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 97 SAUDI ARABIA POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 98 RESIDENTIAL SECTOR OUTLOOK IN UAE 2021
EXHIBIT 99 OFFICE SPACE OUTLOOK IN UAE 2021
EXHIBIT 100 UAE POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
EXHIBIT 101 TURKEY POWER EQUIPMENT BATTERIES MARKET 2022–2028 ($ MILLION)
LIST OF TABLES
TABLE 1 KEY CAVEATS
TABLE 2 CURRENCY CONVERSION 2015−2021
TABLE 3 FIVE LARGEST HOTEL CONSTRUCTION PROJECTS IN APAC IN 2022 ($ MILLION)
TABLE 4 FIVE LARGEST HOTEL CONSTRUCTION PROJECTS IN APAC IN 2022 ($ MILLION)
TABLE 5 US CONSTRUCTION OFFICE BUILDING CONSTRUCTION PROJECTS 2022 ($ MILLION)
TABLE 6 GLOBAL LITHIUM PRODUCTION BY MAJOR COUNTRIES IN 2021
TABLE 7 HOTEL CONSTRUCTION STATISTICS 2021–2022
TABLE 8 GLOBAL LITHIUM-ION POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 9 GLOBAL NICKEL-CADMIUM POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 10 GLOBAL OTHERS POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 11 GLOBAL DRILLER POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 12 GLOBAL CHAINSAW POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 13 GLOBAL LAWN MOWER POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 14 GLOBAL IMPACT WRENCH POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 15 GLOBAL OTHERS POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 16 GLOBAL INDUSTRIAL POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 17 NUMBER OF COMMERCIAL CONSTRUCTION PROJECTS INITIATED IN CHINA (2022)
TABLE 18 FIVE LARGEST HOTEL CONSTRUCTION PROJECTS IN APAC IN 2022 ($ MILLION)
TABLE 19 US CONSTRUCTION OFFICE BUILDING CONSTRUCTION PROJECTS 2022 ($ MILLION)
TABLE 20 FIVE LARGEST HOSPITAL CONSTRUCTION PROJECTS IN NORTH AMERICA IN 2022 ($ MILLION)
TABLE 21 GLOBAL COMMERCIAL POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 22 RESIDENTIAL CONSTRUCTION DATA IN US IN 2022
TABLE 23 FORTHCOMING RESIDENTIAL CONSTRUCTION PROJECTS IN US 2021–2022
TABLE 24 FORTHCOMING MULTI-FAMILY HOUSING CONSTRUCTION PROJECTS IN EUROPE 2022
TABLE 25 UPCOMING HOUSING CONSTRUCTION PROJECTS IN APAC 2022
TABLE 26 GLOBAL RESIDENTIAL POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 27 GLOBAL POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 28 NORTH AMERICA POWER EQUIPMENT BATTERIES MARKET BY BATTERY TYPE 2022–2028 ($ MILLION)
TABLE 29 NORTH AMERICA POWER EQUIPMENT BATTERIES MARKET BY EQUIPMENT TYPE 2022–2028 ($ MILLION)
TABLE 30 NORTH AMERICA POWER EQUIPMENT BATTERIES MARKET BY END-USER 2022–2028 ($ MILLION)
TABLE 31 EUROPE POWER EQUIPMENT BATTERIES MARKET BY BATTERY TYPE 2022–2028 ($ MILLION)
TABLE 32 EUROPE POWER EQUIPMENT BATTERIES MARKET BY EQUIPMENT TYPE 2022–2028 ($ MILLION)
TABLE 33 EUROPE POWER EQUIPMENT BATTERIES MARKET BY END-USER 2022–2028 ($ MILLION)
TABLE 34 TOP CITIES UPCOMING OFFICE BUILDING CONSTRUCTION PROJECTS IN APAC, 2021 ($ MILLION)
TABLE 35 TOP COUNTRIES MULTI-FAMILY HOUSING CONSTRUCTION PROJECTS ($ MILLION)
TABLE 36 APAC POWER EQUIPMENT BATTERIES MARKET BY BATTERY TYPE 2022–2028 ($ MILLION)
TABLE 37 APAC POWER EQUIPMENT BATTERIES MARKET BY EQUIPMENT TYPE 2022–2028 ($ MILLION)
TABLE 38 APAC POWER EQUIPMENT BATTERIES MARKET BY END-USER 2022–2028 ($ MILLION)
TABLE 39 LATIN AMERICA POWER EQUIPMENT BATTERIES MARKET BY BATTERY TYPE 2022–2028 ($ MILLION)
TABLE 40 LATIN AMERICA POWER EQUIPMENT BATTERIES MARKET BY EQUIPMENT TYPE 2022–2028 ($ MILLION)
TABLE 41 LATIN AMERICA POWER EQUIPMENT BATTERIES MARKET BY END-USER 2022–2028 ($ MILLION)
TABLE 42 MEA POWER EQUIPMENT BATTERIES MARKET BY BATTERY TYPE 2022–2028 ($ MILLION)
TABLE 43 MEA POWER EQUIPMENT BATTERIES MARKET BY EQUIPMENT TYPE 2022–2028 ($ MILLION)
TABLE 44 MEA POWER EQUIPMENT BATTERIES MARKET BY END-USER 2022–2028 ($ MILLION)
TABLE 45 STANLEY BLACK & DECKER: MAJOR PRODUCT OFFERINGS
TABLE 46 BOSCH: MAJOR PRODUCT OFFERINGS
TABLE 47 TECHTRONIC INDUSTRIES COMPANY LIMITED: MAJOR PRODUCT OFFERINGS
TABLE 48 MAKITA: MAJOR PRODUCT OFFERINGS
TABLE 49 HILTI: MAJOR PRODUCT OFFERINGS
TABLE 50 HUSQVARNA: MAJOR PRODUCT OFFERINGS
TABLE 51 APEX TOOL GROUP: MAJOR PRODUCT OFFERINGS
TABLE 52 ARIENS: MAJOR PRODUCT OFFERINGS
TABLE 53 ATLAS COPCO: MAJOR PRODUCT OFFERINGS
TABLE 54 SNAP ON: MAJOR PRODUCT OFFERINGS
TABLE 55 KOKI HOLDINGS: MAJOR PRODUCT OFFERINGS
TABLE 56 EINHELL: MAJOR PRODUCT OFFERINGS
TABLE 57 ECHO INCORPORATED: MAJOR PRODUCT OFFERINGS
TABLE 58 FORTIVE: MAJOR PRODUCT OFFERINGS
TABLE 59 MASPORT: MAJOR PRODUCT OFFERINGS
TABLE 60 POSITEC: MAJOR PRODUCT OFFERINGS
TABLE 61 CHERVON: MAJOR PRODUCT OFFERINGS
TABLE 62 FEIN: MAJOR PRODUCT OFFERINGS
TABLE 63 FERM: MAJOR PRODUCT OFFERINGS
TABLE 64 AIMCO: MAJOR PRODUCT OFFERINGS
TABLE 65 FESTOOL: MAJOR PRODUCT OFFERINGS
TABLE 66 CS UNITEC: MAJOR PRODUCT OFFERINGS
TABLE 67 DYNABRADE: MAJOR PRODUCT OFFERINGS
TABLE 68 DEERE & COMPANY: MAJOR PRODUCT OFFERINGS
TABLE 69 STIHL: MAJOR PRODUCT OFFERINGS
TABLE 70 KYOCERA: MAJOR PRODUCT OFFERINGS
TABLE 71 INTERSKOL: MAJOR PRODUCT OFFERINGS
TABLE 72 URYU SEISAKU: MAJOR PRODUCT OFFERINGS
TABLE 73 INGERSOLL RAND: MAJOR PRODUCT OFFERINGS
TABLE 74 EMERSON: MAJOR PRODUCT OFFERINGS
TABLE 75 GLOBAL POWER EQUIPMENT BATTERIES MARKET BY GEOGRAPHY 2022–2028 ($ MILLION)
TABLE 76 GLOBAL POWER EQUIPMENT BATTERIES MARKET BY BATTERY TYPE 2022–2028 ($ MILLION)
TABLE 77 GLOBAL POWER EQUIPMENT BATTERIES MARKET BY EQUIPMENT TYPE 2022–2028 ($ MILLION)
TABLE 78 GLOBAL POWER EQUIPMENT BATTERIES MARKET BY END-USER 2022–2028 ($ MILLION)
1 RESEARCH METHODOLOGY
2 RESEARCH OBJECTIVES
3 RESEARCH PROCESS
4 SCOPE & COVERAGE
4.1 MARKET DEFINITION
4.1.1 INCLUSIONS
4.1.2 EXCLUSIONS
4.1.3 MARKET ESTIMATION CAVEATS
4.2 BASE YEAR
4.3 SCOPE OF THE STUDY
4.3.1 MARKET SEGMENTATION BY BATTERY TYPE
4.3.2 MARKET SEGMENTATION BY EQUIPMENT TYPE
4.3.3 MARKET SEGMENTATION BY END-USER
4.3.4 MARKET SEGMENTATION BY GEOGRAPHY
5 REPORT ASSUMPTIONS & CAVEATS
5.1 KEY CAVEATS
5.2 CURRENCY CONVERSION
5.3 MARKET DERIVATION
6 PREMIUM INSIGHTS
6.1.1 MANUFACTURING INDUSTRY
6.1.2 HOSPITALITY
6.1.3 BATTERY TYPE
6.1.4 EQUIPMENT TYPE
6.1.5 END-USER
6.1.6 GEOGRAPHY
6.1.7 COMPETITIVE LANDSCAPE
7 MARKET AT A GLANCE
8 INTRODUCTION
8.1 OVERVIEW
8.1.1 CONSUMER PREFERENCE
8.1.2 MAJOR GROWTH OPPORTUNITIES FOR POWER EQUIPMENT MARKET
8.1.3 DIFFERENT USAGE OF POWER EQUIPMENT
8.1.4 CONTRIBUTIONS OF KEY VENDORS
8.1.5 OTHER DRIVING FACTORS
8.1.6 LITHIUM-ION BATTERIES MARKET GROWTH
8.1.7 SUPPLY CHAIN DISRUPTIONS IN EUROPE
8.1.8 LOOMING GLOBAL RECESSION
8.1.9 EMERGING MARKET SCENARIO DURING POST-COVID-19 PERIOD
8.2 VALUE CHAIN ANALYSIS
8.2.1 RAW MATERIALS & COMPONENT SUPPLIERS
8.2.2 MANUFACTURERS
8.2.3 DEALERS/DISTRIBUTORS
8.2.4 RETAILERS
8.2.5 END-USERS
9 MARKET OPPORTUNITIES & TRENDS
9.1 INDUSTRY 4.0 & SMART PRECISION MANUFACTURING
9.2 EXPONENTIAL GROWTH OF CONSTRUCTION SECTOR
9.2.1 MANUFACTURING INDUSTRY
9.2.2 HOSPITALITY
9.2.3 CORPORATE OFFICES
9.3 GROWING PROMINENCE OF ASIAN MANUFACTURING
9.4 RISING DEMAND FOR HOME OWNERSHIP & IMPROVEMENT
10 MARKET GROWTH ENABLERS
10.1 DEVELOPMENT OF LITHIUM-ION BATTERY TECHNOLOGY
10.2 RISE IN RESIDENTIAL IMPROVEMENT & DIY PROJECTS
10.3 RISE IN INITIATIVES IN MANUFACTURER-LED PROGRAMS
10.4 RISE IN NUMBER OF INFRASTRUCTURE DEVELOPMENT PROJECTS
11 MARKET RESTRAINTS
11.1 HIGH AVAILABILITY OF HAND TOOLS AND LOW-COST LABOR
11.2 FLUCTUATIONS IN RAW MATERIAL PRICES
11.3 END-USER VARIABILITY
11.4 TURBULENT GLOBAL POLITICAL AND TRADE RELATIONS
12 MARKET LANDSCAPE
12.1 MARKET OVERVIEW
12.2 MARKET SIZE & FORECAST
12.3 FIVE FORCES ANALYSIS
12.3.1 THREAT OF NEW ENTRANTS
12.3.2 BARGAINING POWER OF SUPPLIERS
12.3.3 BARGAINING POWER OF BUYERS
12.3.4 THREAT OF SUBSTITUTES
12.3.5 COMPETITIVE RIVALRY
13 BATTERY TYPE
13.1 MARKET SNAPSHOT & GROWTH ENGINE
13.2 MARKET OVERVIEW
13.3 LITHIUM-ION
13.3.1 MARKET OVERVIEW
13.3.2 MARKET SIZE AND FORECAST
13.3.3 MARKET BY GEOGRAPHY
13.4 NICKEL-CADMIUM
13.4.1 MARKET OVERVIEW
13.4.2 MARKET SIZE AND FORECAST
13.4.3 MARKET BY GEOGRAPHY
13.5 OTHERS
13.5.1 MARKET OVERVIEW
13.5.2 MARKET SIZE AND FORECAST
13.5.3 MARKET BY GEOGRAPHY
14 EQUIPMENT TYPE
14.1 MARKET SNAPSHOT & GROWTH ENGINE
14.2 MARKET OVERVIEW
14.3 DRILLER
14.3.1 MARKET OVERVIEW
14.3.2 MARKET SIZE & FORECAST
14.3.3 MARKET BY GEOGRAPHY
14.4 CHAINSAW
14.4.1 MARKET OVERVIEW
14.4.2 MARKET SIZE & FORECAST
14.4.3 MARKET BY GEOGRAPHY
14.5 LAWN MOWER
14.5.1 MARKET OVERVIEW
14.5.2 MARKET SIZE & FORECAST
14.5.3 MARKET BY GEOGRAPHY
14.6 IMPACT WRENCH
14.6.1 MARKET OVERVIEW
14.6.2 MARKET SIZE & FORECAST
14.6.3 MARKET BY GEOGRAPHY
14.7 OTHERS
14.7.1 MARKET OVERVIEW
14.7.2 MARKET SIZE & FORECAST
14.7.3 MARKET BY GEOGRAPHY
15 END-USER
15.1 MARKET SNAPSHOT & GROWTH ENGINE
15.2 MARKET OVERVIEW
15.3 INDUSTRIAL
15.3.1 MARKET OVERVIEW
15.3.2 MARKET SIZE & FORECAST
15.3.3 MARKET BY GEOGRAPHY
15.3.4 CONSTRUCTION
15.3.5 EMERGING MARKET SCENARIO AFTER COVID-19
15.3.6 AUTOMOTIVE
15.3.7 EMERGING MARKET SCENARIO AFTER COVID-19
15.3.8 AEROSPACE
15.3.9 EMERGING MARKET SCENARIO AFTER COVID-19
15.3.10 ELECTRONICS
15.3.11 EMERGING MARKET SCENARIO AFTER COVID-19
15.3.12 ENERGY
15.3.13 EMERGING MARKET SCENARIO AFTER COVID-19
15.3.14 SHIPBUILDING
15.3.15 EMERGING MARKET SCENARIO AFTER COVID-19
15.3.16 OTHERS
15.4 COMMERCIAL
15.4.1 MARKET OVERVIEW
15.4.2 EMERGING MARKET SCENARIO AFTER COVID-19
15.4.3 MARKET SIZE AND FORECAST
15.4.4 MARKET BY GEOGRAPHY
15.5 RESIDENTIAL
15.5.1 MARKET OVERVIEW
15.5.2 EMERGING MARKET SCENARIO AFTER COVID-19
15.5.3 MARKET SIZE AND FORECAST
15.5.4 MARKET BY GEOGRAPHY
16 GEOGRAPHY
16.1 MARKET SNAPSHOT & GROWTH ENGINE
16.2 GEOGRAPHIC OVERVIEW
16.2.1 REGIONAL ANALYSIS
17 NORTH AMERICA
17.1 MARKET OVERVIEW
17.2 MARKET SIZE & FORECAST
17.2.1 EMERGING MARKET SCENARIO AFTER COVID-19
17.3 BATTERY TYPE
17.3.1 MARKET SIZE & FORECAST
17.4 EQUIPMENT TYPE
17.4.1 MARKET SIZE & FORECAST
17.5 END-USER
17.5.1 MARKET SIZE & FORECAST
17.6 KEY COUNTRIES
17.6.1 US: MARKET SIZE & FORECAST
17.6.2 CANADA: MARKET SIZE & FORECAST
18 EUROPE
18.1 MARKET OVERVIEW
18.1.1 EMERGING MARKET SCENARIO AFTER COVID-19
18.2 MARKET SIZE & FORECAST
18.3 BATTERY TYPE
18.3.1 MARKET SIZE & FORECAST
18.4 EQUIPMENT TYPE
18.4.1 MARKET SIZE & FORECAST
18.5 END-USER
18.5.1 MARKET SIZE & FORECAST
18.6 KEY COUNTRIES
18.6.1 UK: MARKET SIZE & FORECAST
18.6.2 GERMANY: MARKET SIZE & FORECAST
18.6.3 FRANCE: MARKET SIZE & FORECAST
18.6.4 RUSSIA: MARKET SIZE & FORECAST
18.6.5 ITALY: MARKET SIZE & FORECAST
18.6.6 SPAIN: MARKET SIZE & FORECAST
19 APAC
19.1 MARKET OVERVIEW
19.2 MARKET SIZE & FORECAST
19.3 BATTERY TYPE
19.3.1 MARKET SIZE & FORECAST
19.4 EQUIPMENT TYPE
19.4.1 MARKET SIZE & FORECAST
19.5 END-USER
19.5.1 MARKET SIZE & FORECAST
19.6 KEY COUNTRIES
19.6.1 CHINA: MARKET SIZE & FORECAST
19.6.2 JAPAN: MARKET SIZE & FORECAST
19.6.3 SOUTH KOREA: MARKET SIZE & FORECAST
19.6.4 INDIA: MARKET SIZE & FORECAST
19.6.5 AUSTRALIA: MARKET SIZE & FORECAST
20 LATIN AMERICA
20.1 MARKET OVERVIEW
20.1.1 EMERGING MARKET SCENARIO AFTER COVID-19
20.2 MARKET SIZE & FORECAST
20.3 BATTERY TYPE
20.3.1 MARKET SIZE & FORECAST
20.4 EQUIPMENT TYPE
20.4.1 MARKET SIZE & FORECAST
20.5 END-USER
20.5.1 MARKET SIZE & FORECAST
20.6 KEY COUNTRIES
20.6.1 MEXICO: MARKET SIZE & FORECAST
20.6.2 BRAZIL: MARKET SIZE & FORECAST
20.6.3 ARGENTINA: MARKET SIZE & FORECAST
21 MIDDLE EAST & AFRICA
21.1 MARKET OVERVIEW
21.1.1 EMERGING MARKET SCENARIO AFTER COVID-19
21.2 MARKET SIZE & FORECAST
21.3 BATTERY TYPE
21.3.1 MARKET SIZE & FORECAST
21.4 EQUIPMENT TYPE
21.4.1 MARKET SIZE & FORECAST
21.5 END-USER
21.5.1 MARKET SIZE & FORECAST
21.6 KEY COUNTRIES
21.6.1 SOUTH AFRICA: MARKET SIZE & FORECAST
21.6.2 SAUDI ARABIA: MARKET SIZE & FORECAST
21.6.3 UAE: MARKET SIZE & FORECAST
21.6.4 TURKEY: MARKET SIZE & FORECAST
22 COMPETITIVE LANDSCAPE
22.1 COMPETITION OVERVIEW
23 KEY COMPANY PROFILES
23.1 STANLEY BLACK & DECKER
23.1.1 BUSINESS OVERVIEW
23.1.2 PRODUCT OFFERINGS
23.1.3 KEY STRENGTHS
23.1.4 KEY STRATEGIES
23.1.5 KEY OPPORTUNITIES
23.2 BOSCH
23.2.1 BUSINESS OVERVIEW
23.2.2 PRODUCT OFFERINGS
23.2.3 KEY STRENGTHS
23.2.4 KEY STRATEGIES
23.2.5 KEY OPPORTUNITIES
23.3 TECHTRONIC INDUSTRIES COMPANY LIMITED
23.3.1 BUSINESS OVERVIEW
23.3.2 PRODUCT OFFERINGS
23.3.3 KEY STRENGTHS
23.3.4 KEY STRATEGIES
23.3.5 KEY OPPORTUNITIES
23.4 MAKITA
23.4.1 BUSINESS OVERVIEW
23.4.2 PRODUCT OFFERINGS
23.4.3 KEY STRENGTHS
23.4.4 KEY STRATEGIES
23.4.5 KEY OPPORTUNITIES
23.5 HILTI
23.5.1 BUSINESS OVERVIEW
23.5.2 PRODUCT OFFERINGS
23.5.3 KEY STRENGTHS
23.5.4 KEY STRATEGIES
23.5.5 KEY OPPORTUNITIES
23.6 HUSQVARNA
23.6.1 BUSINESS OVERVIEW
23.6.2 PRODUCT OFFERINGS
23.6.3 KEY STRENGTHS
23.6.4 KEY STRATEGIES
23.6.5 KEY OPPORTUNITIES
24 OTHER PROMINENT VENDORS
24.1 APEX TOOL GROUP
24.1.1 BUSINESS OVERVIEW
24.1.2 PRODUCT OFFERINGS
24.2 ARIENS
24.2.1 BUSINESS OVERVIEW
24.2.2 PRODUCT OFFERINGS
24.3 ATLAS COPCO
24.3.1 BUSINESS OVERVIEW
24.3.2 PRODUCT OFFERINGS
24.4 SNAP ON
24.4.1 BUSINESS OVERVIEW
24.4.2 PRODUCT OFFERINGS
24.5 KOKI HOLDINGS
24.5.1 BUSINESS OVERVIEW
24.6 EINHELL
24.6.1 BUSINESS OVERVIEW
24.6.2 PRODUCT OFFERINGS
24.7 ECHO INCORPORATED
24.7.1 BUSINESS OVERVIEW
24.7.2 PRODUCT OFFERINGS
24.8 FORTIVE
24.8.1 BUSINESS OVERVIEW
24.8.2 PRODUCT OFFERINGS
24.9 MASPORT
24.9.1 BUSINESS OVERVIEW
24.9.2 PRODUCT OFFERINGS
24.10 POSITEC
24.10.1 BUSINESS OVERVIEW
24.10.2 PRODUCT OFFERINGS
24.11 CHERVON
24.11.1 BUSINESS OVERVIEW
24.11.2 PRODUCT OFFERINGS
24.12 FEIN
24.12.1 BUSINESS OVERVIEW
24.12.2 PRODUCT OFFERINGS
24.13 FERM
24.13.1 BUSINESS OVERVIEW
24.13.2 PRODUCT OFFERINGS
24.14 AIMCO
24.14.1 BUSINESS OVERVIEW
24.14.2 PRODUCT OFFERINGS
24.15 FESTOOL
24.15.1 BUSINESS OVERVIEW
24.15.2 PRODUCT OFFERINGS
24.16 CS UNITEC
24.16.1 BUSINESS OVERVIEW
24.16.2 PRODUCT OFFERINGS
24.17 DYNABRADE
24.17.1 BUSINESS OVERVIEW
24.17.2 PRODUCT OFFERINGS
24.18 DEERE & COMPANY
24.18.1 BUSINESS OVERVIEW
24.18.2 PRODUCT OFFERINGS
24.19 STIHL
24.19.1 BUSINESS OVERVIEW
24.19.2 PRODUCT OFFERINGS
24.20 KYOCERA
24.20.1 BUSINESS OVERVIEW
24.20.2 PRODUCT OFFERINGS
24.21 INTERSKOL
24.21.1 BUSINESS OVERVIEW
24.21.2 PRODUCT OFFERINGS
24.22 URYU SEISAKU
24.22.1 BUSINESS OVERVIEW
24.22.2 PRODUCT OFFERINGS
24.23 INGERSOLL RAND
24.23.1 BUSINESS OVERVIEW
24.23.2 PRODUCT OFFERINGS
24.24 EMERSON
24.24.1 BUSINESS OVERVIEW
24.24.2 PRODUCT OFFERINGS
25 REPORT SUMMARY
25.1 KEY TAKEAWAYS
25.2 STRATEGIC RECOMMENDATIONS
26 QUANTITATIVE SUMMARY
26.1 MARKET BY GEOGRAPHY
26.2 MARKET BY BATTERY TYPE
26.3 MARKET BY EQUIPMENT TYPE
26.4 MARKET BY END-USER
27 APPENDIX
27.1 ABBREVIATIONS
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