The Growing Power Tools Market

3 October 2022
power tools

The size of the UK power tools market is expected to reach USD 2.51 billion by 2027 (Statista). The increasing popularity of DIY and home improvement applications, particularly during the COVID-19 pandemic, has prompted market growth. DIY is becoming increasingly accessible for consumers as more user-friendly tools hit the market. Rising demand is also being driven by an increase in housing permits and a growing construction sector as more urban residents move to rural areas. In fact, the industrial sector accounted for the largest revenue share in the global power tools market in 2021.

Power tool use in the automotive and construction industries is also predicted to drive demand over the next seven years. Power tools help to minimise the time spent on redundant activities, improving overall efficiency. Similarly, vehicle manufacturers and automotive repair providers are increasingly utilising power tools in their operations. Drills, sanders, wrenches, and other equipment are in great demand in the global power tools market. Cordless tools are also particularly popular, thanks to technological advancements making them comparable to corded tools in terms of power and durability.

Source: Statista

Despite this growth, there are a number of challenges which the market faces. One key challenge is the availability of raw materials. Power tools are manufactured using a number of different metals including steel, copper, zinc, brass, aluminium and nickel. They also require batteries, motors and electronic components. This means that if the flow of raw materials is disrupted, this can have a significant knock-on effect on power tools manufacturers. Similarly, if raw material prices are volatile then this can impact production operations, often leading to delays and inefficiencies.

Power Tool Brands

There are a huge amount of power tools to choose from, and it can often feel overwhelming for the average consumer. But did you know that just 18 brands control 91% of the global power tools market? And of these, 4 companies control 48% of the market. Brands like Ryobi, Dirt Devil, Oreck, Milwaukee, for example, are all owned by the company Techtronic Industries. And Stanley Black & Decker owns many brands beyond its name, including Lenox, Craftsman, Irwin Tools, DeWALT and CribMaster.

You can shop a wide range of power tools from reputable brands on our online marketplace Fairwayrock.com. We have products which are suitable for both personal and industry use. Here are some of our top picks!

DeWalt DCD796P1 18V XR Brushless Combi Drill

The DeWalt DCD796P1 18V XR Brushless Combi Drill prioritises quality and reliability. This combi drill is compact and features 5.0Ah XR Li-Ion battery technology, with a brushless motor for increased efficiency. The compact design allows this tool to be used in confined areas and rubber grip ensures comfortable handling. It features a drill driver and hammer feature, with 15 position adjustable torque control.

Makita DGA452Z 18V 115mm (4in) Angle Grinder

If you’re in the market for a new angle grinder, consider this Makita DGA452Z 18V 115mm (4in) Angle Grinder. It features lithium-ion batteries which provide 430% greater run time than their Ni-MH or Ni-Cad counterparts. This angle grinder is also cordless, providing greater freedom and flexibility with a comparable output to corded grinders. It features high comfort grips and an anti-restart function with warning lamp.

DeWalt DCS334N 18V XR Brushless Top Handle Jigsaw

power tools

The DeWalt DCS334N 18V XR Brushless Top Handle Jigsaw is an upgrade from the DCS331 model, with an enhanced brushless motor. This allows for increased run time and performance. The top handle features a trigger with a separate lock-off switch and an easy access speed control wheel. Duel LED’s and a built in dust blower keep the workpiece free from debris for the most accurate cut.

Ryobi One Plus 18V 4.0Ah Li-ion Cordless Reciprocating saw RRS1801M

power tools

The Ryobi One Plus 18V 4.0Ah Li-ion Cordless Reciprocating Saw is the ideal demolition saw for cutting through metal, wood and piping. It is designed for heavy duty tasks, with a 28mm stroke length and 2900 strokes per minute. It can cut through almost anything, including wood, metal, plastic and plaster. This saw features anti-vibration technology, which provides user comfort even during demanding cutting tasks. It also features a tool-less blade clamp for fast and easy blade changes.

BOSCH GSR 12 V-15 N 12v Drill driver 10mm keyless chuck

power tools

The BOSCH GSR 12 V-15 N 12v Drill Driver has impressive durability even in tough construction site conditions. It’s lightweight and compact build makes this drill driver ideal for drilling overhead or in confined spaces. The 2-speed gearbox ensures a powerful 30 Nm when drilling (up to 19 mm) and screwdriving (up to 7 mm). You can even work in dark or dimly lit conditions thanks to the integrated LED light.

We hope that you enjoyed this blog and that it has provided you with some insight of the power tools market. Make sure you are following us on our social medias for updates and the latest industry news. Find us on LinkedIn, Twitter, Instagram and Facebook. You can also get in touch with us by e-mail at [email protected]com if you have any enquiries.

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