North America Power Tools Market to 2032
Overview
The North America Power Tools Market is expected to reach a 25.24 USD Billion by 2032 and is projected to grow at a CAGR of 6.78% from 2025 to 2032.
Revenue, 2024 (USD Billion)
16.73
Forecast, 2032 (USD Billion)
25.24
CAGR, 2024 - 2032
6.78%
Report Coverage
North America
North America Power Tools Market 2018-2032 USD Billion
North America Power Tools Market, Key Findings (2025-2032)
Market Growth and Projections:
- Market Size (2024): 16.73 USD Billion
- Projected Market Size (2032): 25.24 USD Billion
- CAGR (2025-2032): 6.78%
Key Findings of North America Power Tools Market
- The North America Power Tools Market was valued at 16.73 USD Billion in 2024.
- The North America Power Tools Market is likely to grow at a CAGR of 6.78% during the forecast period of 2024 to 2032.
- In 2024, the Largest segment Industrial/Professional in End User Segment accounted for the largest share of the market with a revenue of 12.24 USD Billion
- The fastest growing segment Sawing and Cutting Tools in Type Segment grew Fastest with a CAGR of 8.22% during the forecast period from 2024 to 2032.
North America Power Tools Market Scope
North America Power Tools Market Segmentation & Scope
By Sales Channel
- Direct Sales
- Indirect Sales
End User
- Residential
- Industrial/Professional
Application
- Others
- Welding
- Metalworking
- Woodworking
- Concrete and Construction
Mode of Operation
- Powder-Actuated Tools
- Pneumatic
- Hydraulic
- Liquid Fuel Tool
- Electric
Type
- Accessories
- Electric Cords and Plugs
- Others
- Material Removal Tools
- Air-Powered Tools
- Portable Nibblers
- Routing Tools
- Demolition Tools
- Drilling and Fastening Tools
- Sawing and Cutting Tools
Material
- Others
- Glass
- Brick/Block
- Wood/Metal
- Concrete
North America Power Tools Market Data Coverage Insights
| Study Period | 2024-2032 |
| Base Year | 2022 |
| Unit | Revenue in USD Billion |
| Market Value in 2024 | 16.73 USD Billion |
| Market Value in 2032 | 25.24 USD Billion |
| CAGR (2025-2032) | 6.78% |
| Historic Data | 2016-2023 |
| Market Segments Covered | By Sales Channel,End User,Application,Mode of Operation,Type,Material |
Regional Insights:
-
Leading Market (2024-2032): North America, leading in terms of revenue 16.73 USD Billion in 2024
- Key Country: U.S., leading in terms of revenue with value of 12,414.99 USD Million in 2024.
Segments and Scope
-
North America Power Tools Market to 2032, By By Sales Channel
- Indirect Sales is the largest segment in North America Power Tools Market to 2032 with a revenue of 11.84 USD Billion in the year 2024.
- Direct Sales is the Fastest growing segment in North America Power Tools Market to 2032 with a Growth rate of 6.51 % in forecast period 2025-2032.
-
North America Power Tools Market to 2032, By End User
- Industrial/Professional is the largest segment in North America Power Tools Market to 2032 with a revenue of 12.24 USD Billion in the year 2024.
- Industrial/Professional is the Fastest growing segment in North America Power Tools Market to 2032 with a Growth rate of 7.22 % in forecast period 2025-2032.
-
North America Power Tools Market to 2032, By Application
- Concrete and Construction is the largest segment in North America Power Tools Market to 2032 with a revenue of 6.15 USD Billion in the year 2024.
- Concrete and Construction is the Fastest growing segment in North America Power Tools Market to 2032 with a Growth rate of 7.38 % in forecast period 2025-2032.
-
North America Power Tools Market to 2032, By Mode of Operation
- Electric is the largest segment in North America Power Tools Market to 2032 with a revenue of 7.75 USD Billion in the year 2024.
- Electric is the Fastest growing segment in North America Power Tools Market to 2032 with a Growth rate of 7.37 % in forecast period 2025-2032.
-
North America Power Tools Market to 2032, By Type
- Sawing and Cutting Tools is the largest segment in North America Power Tools Market to 2032 with a revenue of 4.09 USD Billion in the year 2024.
- Sawing and Cutting Tools is the Fastest growing segment in North America Power Tools Market to 2032 with a Growth rate of 8.22 % in forecast period 2025-2032.
-
North America Power Tools Market to 2032, By Material
- Concrete is the largest segment in North America Power Tools Market to 2032 with a revenue of 7.49 USD Billion in the year 2024.
- Concrete is the Fastest growing segment in North America Power Tools Market to 2032 with a Growth rate of 7.33 % in forecast period 2025-2032.
North America Power Tools Market Company Share Analysis
| Company Name |
|
||
| Robert Bosch GmbH | |||
| Hilti | |||
| Techtronic Industries Co. Ltd. | |||
| Stanley Black & Decker, Inc. | |||
| Makita Corporation | |||
North America Power Tools Market Geographical Sales Distribution, 2018-2032 USD Billion
North America Power Tools Market Company Profiling
Industry Related Reports
Frequently Asked Questions
The North America Power Tools Market is segmented based on Segmentation By Sales Channel,End User,Application,Mode of Operation,Type,Material.
North America Power Tools Market was valued at USD 16.73(Revenue in USD Billion) in 2022.
North America Power Tools Market is projected to grow at a CAGR of 6.78% during the forecast period of 2024 to 2032.
The Industrial/Professional segment is expected to dominate the North America Power Tools Market, holding a largest market share of 12.24 USD Billion in 2024
North America Power Tools Market Scope
North America Power Tools Market Segmentation & Scope
By Sales Channel
- Direct Sales
- Indirect Sales
End User
- Residential
- Industrial/Professional
Application
- Others
- Welding
- Metalworking
- Woodworking
- Concrete and Construction
Mode of Operation
- Powder-Actuated Tools
- Pneumatic
- Hydraulic
- Liquid Fuel Tool
- Electric
Type
- Accessories
- Electric Cords and Plugs
- Others
- Material Removal Tools
- Air-Powered Tools
- Portable Nibblers
- Routing Tools
- Demolition Tools
- Drilling and Fastening Tools
- Sawing and Cutting Tools
Material
- Others
- Glass
- Brick/Block
- Wood/Metal
- Concrete
Frequently Asked Questions
The North America Power Tools Market is segmented based on Segmentation By Sales Channel,End User,Application,Mode of Operation,Type,Material.
North America Power Tools Market was valued at USD 16.73(Revenue in USD Billion) in 2022.
North America Power Tools Market is projected to grow at a CAGR of 6.78% during the forecast period of 2024 to 2032.
The estimated market value of the North America Power Tools Market for final year is USD 25.24 (USD Billion).
North America Power Tools Market Company Profiling
Frequently Asked Questions
The North America Power Tools Market is segmented based on Segmentation By Sales Channel,End User,Application,Mode of Operation,Type,Material.
North America Power Tools Market was valued at USD 16.73(Revenue in USD Billion) in 2022.
North America Power Tools Market is projected to grow at a CAGR of 6.78% during the forecast period of 2024 to 2032.
The estimated market value of the North America Power Tools Market for final year is USD 25.24 (USD Billion).
CHOOSE LICENCE TYPE
- 4200.00
- 3500.00
- 2000.00
- 5500.00
- 8500.00
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