Home / Energy / Power Tool Batteries Market By Technology Type (Lithium Ion, Nickel Cadmium, Others), By Application (Residential, Industrial, Others) - Growth, Future Prospects, and Competitive Landscape, 2019 - 2027

Power Tool Batteries Market By Technology Type (Lithium Ion, Nickel Cadmium, Others), By Application (Residential, Industrial, Others) - Growth, Future Prospects, and Competitive Landscape, 2019 - 2027

Published: Sep 2019 | Report Code: 59935-09-19

Increasing in urbanization, and growing demand for construction activities across the globe are the key factor in driving the market for power tool batteries

The global power tool batteries market is poised to reach US$ 55.04 Bn by 2027, expanding at a CAGR of 7.10% during the forecast period from 2019 to 2027. Increase in number of construction and infrastructure projects, rapid growth in automobile sector, and growing adoption of power tools are identified as the major factors driving demand for power tool batteries worldwide. However, higher cost for cordless tools, higher maintenance cost, and government policies and regulation constraints for its transportation are the major challenges faced by power tool batteries market. 

Market Synopsis

Power Tool Batteries Market 

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Increasing demand for Power Tools in Construction activities are going to drive the market

Growing demand from construction activities such as residential buildings, industrial plants and refineries, roads and bridges, recreational facilities are expected to drive the market for power tools batteries. Increasing urbanization will also leads for the developments of various infrastructures, followed by increasing demand of power tools. Government policies, regulations and concepts on smart cities projects may also be considered as the propelling factors for the growth of power tools which in turn, will increase the demand for batteries over the forecast period. However, industries evolution along with technological developments have creates a need for the use of power tools in the construction industries.

Power Tool Batteries Market

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North America to Dominate, Asia-Pacific to Witness Strong Growth

Increasing demand and investments on infrastructures are going to be the significant drivers, followed by continued positive growth in the residential and non-residential construction industries. In U.S., about 40% of total construction industry represents residential building segment which is expected to have a positive growth driving the demand for power tools batteries. Due to continued growth in economies of North America, the power tool batteries market is going to register a substantial growth over the forecast period owing to increasing in the construction activity.

Asia Pacific continues to grow at a significant rate due to increasing in low product penetration, investments in infrastructural developments, and increasing disposable incomes. In addition to this, increase in numbers of production of power tools in China and India will continue to drive market growth in coming years. In India, the real estate segment is expected to rise lucratively, owing to the demand for semi-urban and urban development. Growing investments in hospitality, retail, and commercial sector is going to fuel the demand for power tools batteries across the region.

Power Tool Batteries Market

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Key Players & Competitive Landscape:

Some of the leading manufacturers profiled in the study includes Bosch Ltd., Hitachi, Ltd., Makita Corporation, Panasonic Corporation, Ryobi Limited, Samsung SDI, Sony Corporation, Stanley Black and Decker Inc., Panasonic Industrial Devices & Solutions and LG Chem.

Power Tool Batteries Market

Historical & Forecast Period

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027

Report Scope by Segments

The research study on power tool batteries market offers market size and forecasts based on market dynamics and predominant trends shaping the industry. The report provides all round view of the global power tool batteries market based on its technology type, application, and geography. Key segments covered in the report are as follows: 

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion
Segmentation

 Technology Segment (2017–2027; US$ Bn)
 • Lithium Ion
 • Nickel Cadmium
 • Others

 Application Segment (2017–2027; US$ Bn)
 • Residential
 • Industrial
 • Others

 Geography Segment (2017–2027; US$ Bn)
 • North America (U.S. and Rest of North America)
 • Europe (U.K., Germany, France, and Rest of Europe)
 • Asia Pacific (Japan, China, India, and Rest of Asia Pacific)
 • Rest of World (Middle East & Africa (MEA), Latin America)

Key questions answered in this report

  • What was the global market size for power tool batteries market in 2017 & 2018?
  • What is estimated forecast and market projections up to 2027?
  • Which is largest regional power tool batteries market?
  • Which end-use vertical has the largest penetration of power tool batteries and related facilities?
  • Which are the predominant trends shaping the global power tool batteries market?
  • Which is the most promising, attractive, and less-explored end-use segment in the global power tool batteries market?
  • Who are the leading manufacturers in the global power tool batteries market?
  • What are the premiere strategies adopted by the leading players in the global power tool batteries market?

1. Preface
1.1. Report Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase III-Expert Panel Review
1.2.4. Assumptions
1.2.5. Approach Adopted

2. Executive Summary
2.1. Global PTB Market Snapshot
2.1.1. Global PTB Market by Technology, 2018 (US$ Bn)
2.1.2. Global PTB Market by Application, 2018 (US$ Bn)
2.1.3. Global PTB Market by Geography, 2018(US$ Bn)

3. Global Power Tool Batteries (PTB) Market Dynamics
3.1. Market Overview
3.2. Drivers
3.3. Challenges
3.4. Impact Analysis of Drivers and Challenges
3.5. Competitive Landscape
3.5.1. Market Positioning of Leading PTB manufacturers, 2018
3.5.2. Strategies Adopted by Leading PTB manufacturers

4. Global Power Tool Batteries (PTB) Market Size (US$ Bn), By Technology, 2017 – 2027
4.1. Overview
4.1.1. PTB Market Analysis by Technology, 2018 & 2027
4.1.1.1. Lithium Ion
4.1.1.2. Nickel Cadmium

5. Global Power Tool Batteries (PTB) Market Size (US$ Bn), By Application, 2017 – 2027
5.1. Overview
5.1.1. PTB Market Analysis by Application, 2018 & 2027
5.2. Industrial
5.3. Residential
5.4. Other Industries

6. Global Power Tool Batteries (PTB) Market Size (US$ Bn), By Geography, 2017 – 2027
6.1. North America
6.2. Europe
6.3. Asia Pacific
6.4. Rest of World

7. North America Power Tool Batteries (PTB) Market Analysis, 2017 – 2027
7.1. Overview
7.2. North America PTB Market Size (US$ Bn), By Technology, 2017 – 2027
7.2.1. Lithium Ion
7.2.2. Nickel Cadmium
7.3. North America PTB Market Size (US$ Bn), By Application, 2017 – 2027
7.3.1. Industrial
7.3.2. Residential
7.3.3. Other Industries
7.4. North America PTB Market Size (US$ Bn), By Country, 2017 – 2027
9.6.1. U.S.
9.6.2. Rest of North America

8. Europe Power Tool Batteries (PTB) Market Analysis, 2017 – 2027
8.1. Overview
8.2. Europe PTB Market Size (US$ Bn), By Technology, 2017 – 2027
8.2.1. Lithium Ion
8.2.2. Nickel Cadmium
8.3. Europe PTB Market Size (US$ Bn), By Application, 2017 – 2027
8.3.1. Industrial
8.3.2. Residential
8.3.3. Other Industries
8.4. Europe PTB Market Size (US$ Bn), By Country, 2017 – 2027
8.4.1. U.K.
8.4.2. Germany
8.4.3. France
8.4.4. Rest of Europe

9. Asia Pacific Power Tool Batteries (PTB) Market Analysis , 2017 – 2027
9.1. Overview
9.2. Asia Pacific PTB Market Size (US$ Bn), By Technology, 2017 – 2027
9.2.1. Lithium Ion
9.2.2. Nickel Cadmium
9.3. Asia Pacific PTB Market Size (US$ Bn), By Application, 2017 – 2027
9.3.1. Industrial
9.3.2. Residential
9.3.3. Other Industries
9.4. Asia Pacific PTB Market Size (US$ Bn), By Country, 2017 – 2027
9.4.1. China
9.4.2. India
9.4.3. Japan
9.4.4. Rest of Asia Pacific

10. Rest of the World Power Tool Batteries (PTB) Market Analysis , 2017 – 2027
10.1. Overview
10.2. Rest of the World PTB Market Size (US$ Bn), By Technology, 2017 – 2027
10.2.1. Lithium Ion
10.2.2. Nickel Cadmium
10.3. Rest of the World PTB Market Size (US$ Bn), By Application, 2017 – 2027
10.3.1. Industrial
10.3.2. Residential
10.3.3. Other Industries
10.4. Rest of the World PTB Market Size (US$ Bn), By Country, 2017 – 2027
10.4.1. Latin America
10.4.2. Middle East & Africa

11. Company Profiles
11.1. Competitive Dashboard
11.1.1. Bosch Ltd.
11.1.2. Hitachi, Ltd.
11.1.3. Makita Corporation
11.1.4. Panasonic Corporation
11.1.5. Ryobi Limited
11.1.6. Samsung SDI
11.1.7. Sony Corporation
11.1.8. Stanley Black and Decker Inc.
11.1.9. LG Chem
11.1.10. Panasonic Industrial Devices & Solutions

* Here we are using PTB as a short form of Power Tool Batteries

FIG. 1 Global Power Tool Batteries (PTB) Market: Research Methodology
FIG. 2 Market Size Estimation – Top Down & Bottom up Approach
FIG. 3 PTB Market Segmentation
FIG. 4 PTB Market, by Technology, 2018 (US$ Mn)
FIG. 5 PTB Market, by Application, 2018 (US$ Mn)
FIG. 6 PTB Market, by Geography, 2018 (US$ Mn)
FIG. 7 Attractive Investment Proposition, by Geography, 2018
FIG. 8 Global Market Positioning of Key PTB Market Manufacturers, 2018
FIG. 9 PTB Market Value Share, by Technology, 2018 & 2027 (Value %)
FIG. 10 Global Lithium Ion PTB Market, 2017–2027 (US$ Mn)
FIG. 11 Global Nickel Cadmium PTB Market, 2017–2027 (US$ Mn)
FIG. 12 PTB Market Value Share, by Application, 2018 & 2027 (Value %)
FIG. 13 Global Industrial Market For PTB, 2017–2027 (US$ Mn)
FIG. 14 Global Residential Market For PTB, 2017–2027 (US$ Mn)
FIG. 15 North America PTB Market, 2017–2027 (US$ Mn)
FIG. 16 Europe PTB Market, 2017–2027 (US$ Mn)
FIG. 17 Asia Pacific PTB Market, 2017–2027 (US$ Mn)
FIG. 18 RoW PTB Market, 2017–2027 (US$ Mn)

TABLE 1 Market Snapshot: Power Tool Batteries (PTB) Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 5 PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 6 PTB Market, by Geography, 2017–2027 (US$ Mn)
TABLE 7 North America PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 8 North America PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 9 North America PTB Market, by Country, 2017–2027 (US$ Mn)
TABLE 10 Europe PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 11 Europe PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 12 Europe PTB Market, by Country, 2017–2027 (US$ Mn)
TABLE 13 Asia Pacific PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 14 Asia Pacific PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 15 Asia Pacific PTB Market, by Country, 2017–2027 (US$ Mn)
TABLE 16 Rest of the World PTB Market, by Technology, 2017–2027 (US$ Mn)
TABLE 17 Rest of the World PTB Market, by Application, 2017–2027 (US$ Mn)
TABLE 18 Rest of the World PTB Market, by Country, 2017–2027 (US$ Mn)
TABLE 19 Bosch Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 20 Hitachi, Ltd.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 21 Panasonic Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 22 Ryobi Limited: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 23 Samsung SDI: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 24 Sony Corporation: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 25 Stanley Black and Decker Inc.: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)
TABLE 26 Panasonic Industrial Devices & Solutions: Company Snapshot (Company Overview; Product Portfolio; Financial Information; Key Developments)

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