Cordless Power Tools Market Size Worth USD 38.49 Billion by 2031 | Arizton
The global cordless power tools market is moving deeper into professional applications as battery-powered systems gain traction across construction, industrial, and maintenance activities. Valued at USD 26 billion in 2025, the global cordless power tools market is projected to reach USD 38.49 billion by 2031, growing at a CAGR of 6.76%, according to a new report by Arizton. Construction remains a key demand center, with 6.4 million construction and extraction workers in the U.S. in May 2025, including 757,220 electricians and 670,090 carpenters.
The market is also seeing wider adoption of common-battery platforms, allowing professionals to use multiple tool categories on a single battery system. This is supporting higher tool usage and cross-category purchases, with global cordless power tools volume expected to reach 324.48 million units by 2031.
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Growth Trends for Cordless Power Tools Globally
Asian-headquartered power-tool manufacturers are expanding their global presence through broader cordless portfolios, battery platforms, and professional product ranges. Techtronic Industries (TTI), a global power-equipment manufacturer, reported record sales of $15.3 billion in 2025, while Milwaukee and Ryobi sales increased 7.9% and 5.4%, respectively. Continued portfolio expansion increases cordless product availability across professional and residential applications.
Safety requirements are influencing the design and replacement of professional cordless tools. The Occupational Safety and Health Administration (OSHA), the US federal workplace-safety regulator, recommends reduced-vibration tools and drilling equipment with built-in kickback protection. This supports demand for newer cordless drills, rotary hammers, grinders, and saws equipped with vibration control, electronic braking, kickback protection, and other operator-safety features.
Improvements in lithium-ion cell design, battery electronics, and thermal management are increasing cordless tool power and runtime. TTI reported that selected Ryobi 18V ONE+ and 40V Lithium EDGE batteries can deliver up to twice the power and four times the runtime with compatible HP Brushless tools, increasing cordless suitability for demanding drilling, fastening, sawing, and cutting applications.
Global Regional Position
North America accounted for around 29% of global cordless power tools revenue in 2025, supported by construction and renovation activity. In Canada, investment in building construction increased 8.5% in 2025 to $272.1 billion, creating demand across residential, commercial, institutional, and other construction applications.
The U.S. led North American cordless power tools revenue in 2025. The U.S. Census Bureau estimated 1.36 million privately owned housing units were started in 2025. New construction, alongside renovation and repair of the existing housing stock, creates demand for cordless tools among contractors, installers, and residential users.
APAC is expected to grow at a significant rate during 2025–2031, driven in part by infrastructure investment. ADB committed $29.3 billion from its own resources across Asia and the Pacific in 2025, up 20% year over year, with transport accounting for 12% and energy for 7% of commitments. These investments expand construction, installation, and maintenance activity across the region.
India is expected to record a 9.55% volume CAGR during 2025–2031. MoSPI reported manufacturing GVA growth of 10.7% in FY2025–26, while construction GVA grew 7.4% in H1 FY2025–26. Expansion in these sectors creates opportunities for cordless tools across fabrication, installation, drilling, fastening, cutting, grinding, and maintenance.
Global Market Regional Share of Cordless Power Tools Market 2025 (By Value)
Growing Project Pipeline
Rising housing and infrastructure activity is creating new demand opportunities for cordless power tools:
Infrastructure, housing, and urban-development initiatives continue to support demand for cordless power tools across construction, installation, maintenance, and repair applications. In Saudi Arabia, the homeownership rate reached 66.24% in 2025, reflecting continued progress under the Housing Program and supporting the residential construction ecosystem.
India is also seeing strong housing activity through government-led initiatives. Under PMAY-U, 120 lakh houses had been sanctioned, and 94.11 lakh houses had been completed and delivered by September 2025. PMAY-U 2.0 aims to provide financial support to one crore additional urban families for constructing or purchasing permanent homes.
In the U.S., construction spending was estimated at a seasonally adjusted annual rate of $2.17 trillion in April 2026, covering residential, non-residential, and public construction. In Europe, construction production increased 1.5% year over year in April 2026, with civil engineering rising 4.1%. Together, these construction activities support demand for cordless drilling, fastening, cutting, grinding, and installation tools across professional applications.
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Competitive Dynamics & Strategic Developments
The global cordless power tools market is highly competitive, with multinational manufacturers competing alongside regional and specialized vendors. Product portfolio breadth, pricing, distribution reach, after-sales support, brand positioning, and relationships with professional users remain key competitive factors.
Product innovation is strengthening competition as vendors expand cordless platforms into professional, trade, and consumer applications. Higher power output, brushless motors, advanced safety features, digital connectivity, and cordless alternatives to corded and pneumatic tools are becoming important areas of development.
Major vendors are backing this expansion with significant R&D investment. Hilti Group invested $554.12 million in R&D in 2025 and launched more than 70 new products and services, while Milwaukee generated approximately 32% of its sales outside the U.S. in 2025, highlighting the focus on product development and international market expansion.
Cordless Power Tools Enter Their Next Growth Phase
The cordless power tools market is entering a phase where performance matters as much as portability. As battery systems become capable of supporting more demanding applications, the boundary between cordless, corded, and pneumatic tools is continuing to narrow.
This shift gives manufacturers room to move into applications that have traditionally relied on conventional equipment, while common-battery platforms can deepen usage across multiple tool categories. The coming years are likely to favor companies that can turn these technology gains into practical, reliable solutions for professional users.
About Arizton Advisory & Intelligence:
Founded in 2017, Arizton Advisory & Intelligence delivers data-driven market research and strategic consulting that empowers clients to make informed decisions and drive growth. Combining quantitative and qualitative insights, we provide in-depth analysis across industries including Agriculture, Consumer Goods, Technology, Automotive, Healthcare, Data Centers, and Logistics. Recognized by top-tier media, our expert team transforms complex market data into actionable strategies, helping clients anticipate trends, seize opportunities, and stay ahead of the competition.
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