In 2020, the commercial power tools market size was estimated at 23.4 billion U.S. dollars worldwide. In that same year, the global power tool market was valued at over 36.4 billion U.S. dollars. Power tools like drills, grinders, and saws are devices activated by a power source.
Market size of commercial power tools worldwide from 2015 to 2020 with forecasts until 2027
(in billion U.S. dollars)
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China Market Monitor. (February 28, 2021). Market size of commercial power tools worldwide from 2015 to 2020 with forecasts until 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved January 24, 2025, from https://www.statista.com/statistics/1228959/commercial-power-tools-market-size-worldwide/?__sso_cookie_checker=failed
China Market Monitor. "Market size of commercial power tools worldwide from 2015 to 2020 with forecasts until 2027 (in billion U.S. dollars)." Chart. February 28, 2021. Statista. Accessed January 24, 2025. https://www.statista.com/statistics/1228959/commercial-power-tools-market-size-worldwide/?__sso_cookie_checker=failed
China Market Monitor. (2021). Market size of commercial power tools worldwide from 2015 to 2020 with forecasts until 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: January 24, 2025. https://www.statista.com/statistics/1228959/commercial-power-tools-market-size-worldwide/?__sso_cookie_checker=failed
China Market Monitor. "Market Size of Commercial Power Tools Worldwide from 2015 to 2020 with Forecasts until 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 28 Feb 2021, https://www.statista.com/statistics/1228959/commercial-power-tools-market-size-worldwide/?__sso_cookie_checker=failed
China Market Monitor, Market size of commercial power tools worldwide from 2015 to 2020 with forecasts until 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1228959/commercial-power-tools-market-size-worldwide/?__sso_cookie_checker=failed (last visited January 24, 2025)
Market size of commercial power tools worldwide from 2015 to 2020 with forecasts until 2027 (in billion U.S. dollars) [Graph], China Market Monitor, February 28, 2021. [Online]. Available: https://www.statista.com/statistics/1228959/commercial-power-tools-market-size-worldwide/?__sso_cookie_checker=failed
