China Power Tools Market Size, Share, By Tool Type (Drilling & Fastening Tools, Material Removal Tools, Sawing & Cutting Tools, Demolition Tools, and Others), By Application (DIY and Industrial), China Power Tools Market Insights, Industry Trend, Forecasts to 2035

China Power Tools Market Size Insights Forecasts to 2035

• China Power Tools Market Size 2024: USD 4.90 Bn
• China Power Tools Market Size 2035:  USD 9.83 Bn
• China Power Tools Market CAGR 2024: 6.53%
• China Power Tools Market Segments: Tool Type and Application

The China Power Tools Market Size encompasses the market for the mechanized devices like the drills, saws, and grinders, which is used in the construction, manufacturing, automotive, and the DIY home improvement. Which is driven by the China’s infrastructure growth, industrial upgrades, rising consumer spending, and the tech innovations like the brushless motors and smart features positioning the China as a major global player with both domestic as well as international branding. In addition, it is the market for the powered tools in China, reflecting the national development and the technological advancements adoption across the various applications.

China's government launched a large-scale equipment replacement and consumer goods trade-in program, resulting in approximately 15% growth in equipment investment and more than CNY 1 trillion in upgraded goods sales, while also encouraging the adoption of energy-efficient, smart machinery across industrial and consumer markets, indirectly supporting demand for modern power tools and related equipment.

China’s power tool market offers the strong future opportunities, driven by the surging DIY culture, massive infrastructure, the construction projects, also the government support for manufacturing, and the tech shifts as well to the smart tools, it has the key opportunities in advanced battery tech, smart features, and expanding online sales channels, particularly for drilling fastening and the residential applications.

Market Dynamics of the China Power Tools Market

The China power tools market is driven by the massive infrastructure and construction growth, a booming DIY culture, supportive government policies for manufacturing and urbanization, increasing industrial automation and the rise of e-commerce for the accessibility, these all are fuelled by the growing disposable incomes and the urbanization. The more homeowners in the cities and the rural areas are doing the home repairs, decorating and renovations favouring user friendly cordless tools. The key driving factors include the heavy government investments in railways, data centres, and the belt and road initiatives, creates huge demand for construction tools.

The China power tools market is restrained from rising raw material cost like the copper, steel etc. strict energy regulations pushing for efficiency, economic slowdown affecting construction and auto sectors, lack of standardization, high upfront cost of advanced cordless smart tools and the challenges with the battery technology. Market fragmentation, quality control issues and increased import duties also hinder the growth.

The future of China's power tools market looks bright, the increased infrastructure investment, manufacturing advancements, and the growing DIY use. Smart and cordless tools, lithium-ion batteries, automation integration, and energy-efficient designs are all opening up new opportunities. Additionally, the digital manufacturing, IoT-enabled equipment, sophisticated motors, and the predictive maintenance technologies improve performance, increase in user safety, and help China achieve its industrial modernization and sustainable development goals.

Market Segmentation

The China Power Tools Market share is classified into tool type and application.

By Tool Type:

The China power tools market is divided by tool type into drilling & fastening tools, material removal tools, sawing & cutting tools, demolition tools, and others. Among these, the drilling & fastening tools segment dominated the share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. It is due to their essential, versatile use across booming construction, woodworking, and manufacturing sectors.

By Application:

The China power tools market is divided by application into DIY and industrial. Among these, the Industrial segment dominated the share in 2024 and is anticipated to grow at a remarkable CAGR during the forecast period. It is due to the massive infrastructure, manufacturing growth, and the need for durable, and the high-efficiency tools.

Competitive Analysis:

The report offers the appropriate analysis of the key organisations/companies involved within the China power tools market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market. 

Top Key Companies in China Power Tools Market:

• Jiangsu Dongcheng Power Tools Co., Ltd.
• Chervon Holdings Ltd.
• Positec Group
• FIXTEC
• Zhejiang Hangbo Power Tools
• KYNKO Industrial Limited
• Crown Power Tools  
• INGCO / TOTAL
• Others

Recent Developments in China Power Tools Market:

In January 2024, Milwaukee Tool expanded its M18 platform by launching next-generation M18 FUEL high-torque impact wrenches and new M18 rotary laser systems, strengthening its professional cordless tool portfolio available globally for industrial and construction applications.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the China, regional, and country levels from 2020 to 2035. Decisions Advisors has segmented the China Power Tools market based on the below-mentioned segments:

China Power Tools Market, By Tool Type

• Drilling & Fastening Tools
• Material Removal Tools
• Sawing & Cutting Tools
• Demolition Tools
• Others

China Power Tools Market, By Application

• DIY
• Industrial