Cordless Powered Tools Market

Cordless Powered Tools Market Overview

The global Cordless Powered Tools Market size is estimated at USD 21.51 billion in 2024 and is predicted to reach USD 35.72 billion by 2030 with a CAGR of 8.8% from 2025-2030.

The factors such as the expansion of e-commerce sector, growing construction industry and technological advancements in cordless powered tools drives the market growth. However, the availability of alternatives such as corded appliances pose significant challenges to market expansion. On the contrary, adoption of artificial intelligence offers promising future prospects to augment product functionality and enhance user experience. 

Additionally, major companies including Koninklijke Philips, Samsung Electronics and others are adopting strategies including product launches as part of their market expansion initiatives. These initiatives are expected to enhance user convenience and performance. With AI integration, companies are focusing on developing product with better functionality performing efficient operations. As the market matures, the increasing cordless powered tools market demand for more advanced, high-performance wireless devices is expected to fuel further growth.

Growing E-Commerce Sector Worldwide Boost the Market Growth

The growth of e-commerce sector worldwide fuels the market due to the increasing online consumer base and the convenience of shopping for these appliances. As per the International Trade Administration, the global ecommerce market reached USD 24 trillion in 2023 and is estimated to reach USD 36 trillion by 2026, marking a remarkable rise of 50%. Therefore, the convenience of doorstep delivery and a rising trend toward the online shopping of these products also induces demand for cordless gadgets, enhancing cordless powered tools market growth.

Expansion of the Construction Industry Drives the Market Growth

The rapid expansion of the construction sector across the globe is boosting the market growth since construction activity increases the need for these appliances to work in transient construction sites with greater mobility and flexibility. The latest report by Next Move Strategy Consulting values the construction market size at USD 10.43 trillion in the year 2023 and amounts to USD 16.10 trillion by 2030, growing at a rate of 5.9%. Cordless tools such as drills or saws simply speed up work on-site, thus contributing to the growth of the market spurred on by the construction activity and infrastructure development.

Increasing Technological Advancements Fuels the Growth of the Market

Rising technological advancements in wireless appliances including the introduction of Ki cordless kitchen standards, is driving the market growth. Such smart connectivity is enhancing the performance and convenience of cordless devices by making the appliances more reliable, versatile, and user-friendly. For instance, in September 2024, Midea launched its first line of cordless powered tools that wireless draws power using the Ki induction technology. The continuous development of new technology is pushing the demand for more advanced, high-performance wireless devices thereby driving market growth. 

Availability of Alternatives Hinders the Market Growth

The availability of alternatives, such as corded appliances provide reasonable, eco-friendly solutions and constant power supply acts as a resistance to the increase in adoption of cordless appliances, thereby posing an obstacle to the market.

Integration of Artificial Intelligence Creates Future Opportunities

The incorporation of artificial intelligence is expected to create ample growth opportunity for the market in the future. As it enhances product functionality, improve user experience, and enables more efficient operations. For instance, in July 2024, Samsung Electronics launched Samsung Bespoke Jet AI, the most powerful cordless stick vacuum. This appliance is developed for convenient and efficient cleaning without the limitations of a cord, showcasing the latest innovations in the cordless vacuum category. 

Market Segmentations and Scope of the Study

The cordless powered tools market report is segmented on the basis of product type, motor type, power source, battery voltage, distribution channel, end-users, and region. On the basis of product type, the market is categorized into drilling and fastening tools, sawing and cutting tools, demolition tools, material removal tools, garden tools, vacuum cleaners, heat and glue guns, laser tools, and others. Drilling and fastening tools are again divided into drills, impact wrenches, and screwdrivers & nut runners. The sawing and cutting tools segment is further bifurcated into band saws, reciprocating saws, and circular saws. 

Demolition tools segment is again divided into rotary hammers and hammer drills. Material remover tools is further segmented into sanders, grinders, and routing tools. Garden tools is again divided into trimmers and blowers, lawn mowers, and ride-on lawn mowers. Vacuum cleaners are further divided into handheld vacuums and stick vacuums. On the basis of motor type, the market is categorized into brushed motors and brushless motors. 

On the basis of power source, the market is classified into lithium-ion (Li-ion) batteries, nickel-cadmium (NiCd), nickel-metal hydride (NiMH), and others. On the basis of battery voltage, the market is divided into low voltage (up to 12v), medium voltage (12v - 18v), high voltage (18v - 24v), very high voltage (24v & above). On the basis of distribution channel, the market is classified into online and offline. 

On the basis of end users, the market is classified into residential, commercial, and industrial. Industrial segment is again divided into construction, automotive, furniture, electronics, aerospace, and others. Regional breakdown and analysis of each of the aforesaid segments includes regions comprising of North America, Europe, Asia-Pacific, and RoW.

Geographical Analysis

North America holds the dominating in cordless powered tools market share at present and is projected to continue its dominance throughout the forecast period. This is due to the rapid expansion of online retail that makes these products more accessible to broader consumer base. The latest report from the Centre for Retail Research pointed out that the share of the online part of retail trade in the U.S. made up 9.7% in 2012 and reached 18.8% in 2022. Convenience and exhaustive product details in e-commerce sites enable a higher uptake of cordless devices as consumers easily survey and purchase from a wider range of options. 

Moreover, increase in investment in the construction sector acts as a driver for the cordless powered tools market due to the increasing requirement for flexible handheld and efficient tools that operate independent of power cords. According to the latest Statistics Canada report, investment in Canada’s construction rose from USD 12.85 billion in June 2023 to USD 15.27 billion in June 2024, reflecting an increase of 18.8%. These investments support the adoption of advanced cordless technologies, offering construction professionals the flexibility and mobility needed for various on-site tasks, thereby driving market growth. 

On the other hand, Asia-Pacific is considered fastest growing region in the cordless powered tools due to rise of urban living and changing lifestyles that propels the demand of these appliances. With more people moving to cities where living quarters tend to be smaller, there is a demand for compact, portable and easy-to-store appliances. 

As per the latest report by the World Bank Group, India’s urban population increased from 456 million in 2017 to 522 million in 2023, reflecting a rise of 14.5%. Consumers in urban areas are increasingly seeking efficient, space-saving solutions to address the problem, that drives market growth due to the lightweight nature of the device and easy storage capability.

Also, major players such as Dreame Technology, Hitachi Ltd., and Haier Inc., are implementing several initiatives such as product launch and partnership to provide smarter and high-efficiency cordless devices, that augment customers' convenience and satisfaction. For instance, in August 2024, Dreame introduced a new range of robotic cordless stick vacuum cleaners in India designed to enhance cleaning efficiency and convenience for users. Such introductions create demand for the product leading to the expansion of the market.

Competitive Landscape

Cordless powered tools industry comprises of several key players such as Grey Technology Limited, Dreame Technology Co., Ltd., Cuckoo, Dyson Ltd., Koninklijke Philips N.V., Electrolux AB, Hitachi Ltd., Midea Group, Haier Inc., Makita Corporation, Samsung Electronics Co. Ltd., Black + Decker Inc., LG Electronics Inc., Panasonic Corporation, Robert Bosch GmbH, and others. These companies are adopting strategies including product launch to maintain their dominance in the industry.

For instance, in November 2024, Grey Technology Limited launched AirRAM 3, a new cordless vacuum cleaner. This model involves several innovative features such as a self-propulsion system and a self-cleaning filter, designed to enhance user convenience and performance. 

Furthermore, in March 2024, Cuckoo launched several new cordless products in North America, including a cordless vacuum cleaner and a cordless foldable air circulator. The cordless vacuum cleaner features a five-step filtration system and smart dust detection, showcasing cuckoo's commitment to innovative home solutions. 

Additionally, in August 2023, Dyson launched its first one in all wet-and-dry cordless vacuum cleaner in India, named the Dyson V12s Detect Slim Submarine. Equipped with advanced hydration, absorption and extraction technologies, this innovative device tackles wet spills and dry debris on hard floors. 

Key Benefits

• The report provides quantitative analysis and estimations of the cordless powered tools market from 2025 to 2030, which assists in identifying the prevailing market opportunities.

• The study comprises a deep-dive analysis of the current and future cordless powered tools market trends to depict prevalent investment pockets in the industry.

• Information related to key drivers, restraints, and opportunities and their impact on the cordless powered tools market is provided in the report.

• Competitive analysis of the key players, along with their market share is provided in the report.

• SWOT analysis and Porters Five Forces model is elaborated in the study.

• Value chain analysis in the market study provides a clear picture of roles of stakeholders.

Cordless Powered Tools Market Key Segments

By Product Type

• Drilling and Fastening Tools

  • Drills

  • Impact Wrenches

  • Screwdrivers & Nut Runners

• Sawing and Cutting Tools

  • Band Saws

  • Reciprocating Saws

  • Circular Saws

• Demolition Tools

  • Rotary Hammers

  • Hammer Drills

• Material Removal Tools

  • Sanders

  • Grinders

  • Routing Tools

• Garden Tools

  • Trimmers & Blowers

  • Lawn Mowers

  • Ride-on Lawn Mowers

• Vacuum Cleaners

  • Handheld Vacuums

  • Stick Vacuums

• Heat and Glue Guns

• Laser Tools

• Others

By Motor Type

• Brushed Motors

• Brushless Motors

By Power Source

• Lithium-ion (Li-ion)

• Nickel-Cadmium (NiCd)

• Nickel-Metal Hydride (NiMH)

• Others

By Battery Voltage

• Low Voltage (Up to 12V)

• Medium Voltage (12V - 18V)

• High Voltage (18V - 24V)

• Very High Voltage (24V & above)

By Distribution Channel

• Online 

• Offline

By End Users

• Residential

• Commercial

• Industrial

  • Construction

  • Automotive

  • Furniture

  • Electronics

  • Aerospace

  • Others

By Region

• North America

  • The U.S.

  • Canada

  • Mexico

• Europe

  • The UK

  • Germany

  • France        

  • Italy        

  • Spain        

  • Denmark        

  • Netherlands        

  • Finland        

  • Sweden        

  • Norway        

  • Russia        

  • Rest of Europe    

• Asia-Pacific

  • China

  • Japan

  • India

  • South Korea

  • Australia

  • Indonesia

  • Singapore

  • Taiwan

  • Thailand

  • Rest of Asia-Pacific

• RoW

  • Latin America

  • Middle East

  • Africa

Key Players

• Grey Technology Limited

• Dreame Technology Co., Ltd.

• Cuckoo

• Dyson Ltd.

• Koninklijke Philips N.V.

• Electrolux AB

• Hitachi Ltd.

• Midea Group

• Haier Inc.

• Makita Corporation

• Samsung Electronics Co. Ltd.

• Black + Decker Inc.

• LG Electronics Inc.

• Panasonic Corporation

• Robert Bosch GmbH

REPORT SCOPE AND SEGMENTATION:

Parameters	Details
Market Size in 2024	USD 21.51 Billion
Revenue Forecast in 2030	USD 35.72 Billion
Growth Rate	CAGR of 8.8% from 2025 to 2030
Analysis Period	2024–2030
Base Year Considered	2024
Forecast Period	2025–2030
Market Size Estimation	Billion (USD)
Growth Factors	The growth of e-commerce sector globally propels the market growth. The growth of the construction sector worldwide accelerates the market growth. Technological advancements in cordless powered tools promotes the growth of the market.
Countries Covered	28
Companies Profiled	15
Market Share	Available for 10 companies
Customization Scope	Free customization (equivalent up to 80 working hours of analysts) after purchase. Addition or alteration to country, regional, and segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs.