Europe Smart Power Tools Market Size & Outlook, 2025-2033
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Europe smart power tools market highlights
- The Europe smart power tools market generated a revenue of USD 793.0 million in 2024.
- The market is expected to grow at a CAGR of 9.4% from 2025 to 2033.
- In terms of segment, drilling & fastening tools was the largest revenue generating product in 2024.
- Drilling & Fastening Tools is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, Germany is expected to register the highest CAGR from 2025 to 2033.
Europe data book summary
| Market revenue in 2024 | USD 793.0 million |
| Market revenue in 2033 | USD 1,777.2 million |
| Growth rate | 9.4% (CAGR from 2025 to 2033) |
| Largest segment | Drilling & fastening tools |
| Fastest growing segment | Drilling & Fastening Tools |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Drilling & Fastening Tools, Cutting & Sawing Tools, Material Removal Tools, Demolition Tools |
Other key industry trends
- In terms of revenue, Europe region accounted for 22.8% of the global smart power tools market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 2,753.0 million by 2033.
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Smart Power Tools Market Scope
Smart Power Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Koki Holdings | View profile | 5001-10000 | Konan, Aichi, Japan, Asia | https://www.koki-holdings.com/ |
| Festool | View profile | 101-250 | Suffolk, Virginia, United States, North America | https://www.festool.co.uk/ |
| Robert Bosch | View profile | 1001-5000 | Clayton, Victoria, Australia, Oceania | https://BOSCH.COM.AU |
| Snap-on Inc | View profile | 13200 | 2801 80th Street, Kenosha, WI, United States, 53143 | https://www.snapon.com |
| Techtronic Industries Co Ltd | View profile | 47224 | 51 Kwai Cheong Road, 29th Floor, Tower 2, Kowloon Commerce Centre, Kwai Chung, Hong Kong, Hong Kong | https://www.ttigroup.com |
| Makita Corp | View profile | 20843 | 3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, Japan, 446-8502 | http://www.makita.co.jp |
| Hilti Group | View profile | 10001+ | Schaan, Schaan, Liechtenstein, Europe | https://www.hilti.group/content/hilti/CP/XX/en.html |
| Stanley Black & Decker | View profile | 50500 | 1000 Stanley Drive, New Britain, CT, United States, 06053 | https://www.stanleyblackanddecker.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
Europe smart power tools market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to smart power tools market will help companies and investors design strategic landscapes.
Drilling & fastening tools was the largest segment with a revenue share of 40.95% in 2024. Horizon Databook has segmented the Europe smart power tools market based on drilling & fastening tools, cutting & sawing tools, material removal tools, demolition tools covering the revenue growth of each sub-segment from 2021 to 2033.
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Target buyers of Europe smart power tools market databook
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Our clientele includes a mix of smart power tools market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Europe smart power tools market , including forecasts for subscribers. This continent databook contains high-level insights into Europe smart power tools market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Europe smart power tools market size, by country, 2021-2033 (US$M)
Europe Smart Power Tools Market Outlook Share, 2024 & 2033 (US$M)
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