What is the current Power Tools Market size?

The Power Tools Market is projected to register a CAGR of greater than 8% during the forecast period (2024-2029) Read More

Who are the key players in Power Tools Market?

Stanley Black & Decker, Inc., Robert Bosch GmbH , Techtronic Industries Co. Ltd. , Makita Corporation and Hilti Corporation are the major companies operating in the Power Tools Market. Read More

Which is the fastest growing region in Power Tools Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

What years does this Power Tools Market cover?

The report covers the Power Tools Market historical market size for years: 2020, 2021, 2022 and 2023. The report also forecasts the Power Tools Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Power Tools Market Share

Statistics for the 2023 & 2024 Power Tools market share, created by Mordor Intelligence™ Industry Reports. Power Tools share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Power Tools Industry

The power tool industry is extremely competitive, with the top five competitors holding close to 75.1% of the market. The market is divided into two sections: the bottom of the pyramid, which includes local and small-scale manufacturers, and the top of the pyramid, which includes key players such as Robert Bosch GmbH, Stanley Black & Decker Inc., Hilti Corporation, Techtronic Industries Co. Ltd, Makita, and others.

Stanley Black & Decker is a market leader in the power tool industry, accounting for more than 28% of total revenue. The firm has a strong brand image and a diversified product line, which includes various power tools for various purposes. The primary focus of Stanley Black & Decker is on innovation and product development, which has helped the firm maintain a competitive advantage in the industry.