Power Tools Companies - Stanley Black & Decker, Inc. (US) and Robert Bosch GmbH (Germany) are the Key Players
The global power tools market size is expected to grow from USD 39.5 billion in 2024 to USD 45.5 billion by 2029, at a CAGR of 2.9%. Power tools are mechanical devices powered by electricity, batteries, and compressed air. These tools are designed to perform specific tasks more efficiently and with less manual effort compared to traditional hand tools. Power tools are commonly used in construction, woodworking, metalworking, and other industrial applications. They include a wide range of devices such as drills, saws, sanders, grinders, nail guns, routers, and impact wrenches, among others.
Stanley Black & Decker, Inc. (US), Robert Bosch GmbH (Germany), Techtronic Industries Co. Ltd. (Hong Kong), Makita Corporation (Japan), Hilti Corporation, (Liechtenstein), Andreas Stihl AG & Co. KG (STIHL) (Germany), Atlas Copco AB (Sweden), Apex Tool Group, LLC (US), Ingersoll Rand (US), Snap-on Incorporated (US), among others.
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Major Power Tools companies include:
- Stanley Black & Decker, Inc. (US)
- Robert Bosch GmbH (Germany)
- Techtronic Industries Co. Ltd. (Hong Kong)
- Makita Corporation (Japan), Hilti Corporation, (Liechtenstein)
- Andreas Stihl AG & Co. KG (STIHL) (Germany)
- Atlas Copco AB (Sweden)
- Apex Tool Group, LLC (US)
- Ingersoll Rand (US)
- Snap-on Incorporated (US)
Stanley Black & Decker, Inc.
Stanley Black & Decker, Inc. is a leading global provider of hand tools, power equipment, outdoor products, and accessories. It also provides engineered fastening solutions and attachment tools tailored for infrastructure applications. The company operates through two major business segments: Tools & Outdoor and Industrial. The Tools & Outdoor segment includes the Power Tools Group (PTG), Hand Tools, Accessories & Storage (HTAS), and Outdoor Power Equipment (Outdoor) businesses. The PTG business encompasses both professional and consumer product lines. Professional offerings consist of high-grade corded and cordless electric power tools and equipment, including drills, impact wrenches, drivers, grinders, saws, routers, and sanders, alongside pneumatic tools, and fasteners such as nail guns, nails, staplers, staples, and concrete/masonry anchors.
Robert Bosch GmbH
Robert Bosch GmbH is a leading technology and engineering company. It operates through four business segments: Mobility Solutions, Industrial Technology, Consumer Goods, Energy and Building Technology. The company offers power tools through the Consumer Goods division, which also provides an extensive range of products such as outdoor power equipment, garden equipment, power-tool accessories, and measuring technology for both professional and DIY users. The company offers various type of power tools such as saws; drills, hammers drills & impact drivers; grinders and metalworking; hammers (rotary & demolition); planers, and others.
Related Reports:
Power Tools Market by Tool Type (Drilling and Fastening Tools, Demolition Tools, Sawing and Cutting Tools, Material Removal Tools, Routing Tools), Mode of Operation (Electric, Pneumatic, Hydraulic), Application and Region - Global Forecast to 2029
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