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)
Characteristic
Market size in billion U.S. dollars
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
-
Exclusive Premium Statistic
To access all Premium Statistics, you need a paid Statista Account
Profit from the additional features of your individual account
Currently, you are using a shared account. To use individual functions (e.g., mark statistics as favourites, set
statistic alerts) please log in with your personal account.
If you are an admin, please authenticate by logging in again.
Learn more about how Statista can support your business.
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 August 25, 2024, from https://www.statista.com/statistics/1228959/commercial-power-tools-market-size-worldwide/
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 August 25, 2024. https://www.statista.com/statistics/1228959/commercial-power-tools-market-size-worldwide/
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: August 25, 2024. https://www.statista.com/statistics/1228959/commercial-power-tools-market-size-worldwide/
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/
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/ (last visited August 25, 2024)
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/