According to a recent market study published by Growth Market Reports, titled, “Global Power Tool Chargers Market by battery chargers type, by voltage power, by sales channel, and by Region: Size, Share, Trends and Opportunity Analysis, 2016-2031”, the market was valued at US$ 3,951.5 Million in 2022 and is anticipated to grow at a growth rate 6.1% by the year 2031.

Get Sample Report @

Power Tool Chargers are the most common types of fillers in the construction industry. Both of these are used for filling gaps, cracks, and holes in various surfaces; however, they have different properties and applications.

The power tool chargers market involves the production, distribution, and sale of chargers for power tools such as drills, saws, and other handheld devices. A power tool charger is an essential component of any cordless power tool, and it is responsible for charging the battery that powers the tool. The power tool chargers market includes a wide range of products, ranging from basic chargers that charge the battery to smart chargers that use advanced technology to optimize the charging process and extend the battery’s lifespan.

The power tool chargers market is driven by the increasing adoption of cordless power tools, which offer high convenience and flexibility as compared to corded power tools. The market is influenced by advances in battery technology, which lead to the development of efficient and effective chargers. The power tool charger market is highly competitive, with numerous manufacturers and distributors competing to offer high-quality products and services to customers.

The outbreak of Coronavirus disease in 2019 (COVID-19) restrained the global economy, created global interdependence, and challenged the governments of various nations. The COVID-19 pandemic has had a significant impact on the North America, Europe, and Latin & Central America Power Tool Chargers market. Power Tool Chargers are increasingly used in industries such as construction, and automotive among others.

The pandemic has affected the demand for Power Tool Chargers due to disruptions in the supply chain, the shutdown of manufacturing plants, changes in consumer behavior, and the decrease in construction activities in some parts of the world. The COVID-19 pandemic had a mixed impact on the Global Power Tool Chargers market, with both negative and positive effects.

Key Takeaways from the Study

  • Key players operating in the market Robert Bosch Tool Corporation, Caterpillar (CAT), FLEX GmbH, Hilti, Koki Holdings Co., Ltd, LUKAS Hydraulik GmbH, Makita Corporation, Stanley Black & Decker, Inc, ANDREAS STIHL AG & CO. KG, and Techtronic Industries Co. Ltd. (TTI). These companies are considered key manufacturers of Power Tool Chargers based on their revenue, research development (R&D) activities, regional presence, and supply chain management system.
  • Based on battery chargers type, the Global Power Tool Chargers market is segmented into NiCd Battery Chargers, NiMH Battery Chargers, Li-ion Battery Chargers, and Universal Battery Chargers. Power tool chargers are constructed to recharge the batteries used in power tools. These batteries are used in a power tool that determines the type of charger required to charge them. These batteries need their type chargers which charge them efficiently with less amount type. Every battery charger type has specific characteristics for instance the Ni-Cd battery chargers are designed to recharge the batteries quickly and efficiently, while preventing overcharging. Similarly, Ni-MH chargers charge batteries slowly and evenly, which helps extend the life span of the batteries. The demand for Li-ion batteries is high due to their high density, lightweight, and long-life span. These battery charges are designed to charge the battery efficiently and evenly avoiding overcharging.
  • On the basis of voltage power, the Global Power Tool Chargers market is segregated into less than 12V, 12-24V, 24-36V, 36-42V, 42-60V, 60-80V, and more than 80V. The voltage power of a charger is determined by the voltage rating of the battery it is designed to charge. The demand for power tool chargers varies based on the voltage power required by different power tools. For instance, a 12V charger may be suitable for a small cordless drill, while a 36V charger may be required for a large power tool such as a circular saw. The voltage power is an important factor in the power tools charger market, and manufacturers & suppliers offer a range of chargers with different voltage powers to meet the varying needs of consumers.
  • In terms of sales channel, the global Power Tool Chargers market is segmented into online and offline. It includes online retailers, specialty stores, and supermarkets. Online retailers have become a popular sales channel for power tool chargers due to the convenience of online shopping and the availability of a wide range of products. Many manufacturers and suppliers sell their chargers through their own websites or online marketplaces such as Amazon and eBay. The offline segment includes specialty stores such as hardware stores and home improvement stores that sell power tool chargers. These stores often offer a range of chargers from different brands and may provide expert advice on selecting the right charger for a specific power tool. The choice of distribution channel depends on various factors such as the target audience, product range, and marketing strategy.
  • Based on regions, the Global Power Tool Chargers Market is segmented into North America, Europe, Asia Pacific, Middle East and Africa (MEA). The demand for power tools in Europe is rising, due to various factors, including construction activities, infrastructure development, manufacturing, and DIY culture. Europe has a well-established distribution network, including retail stores, online platforms, and specialized power tool suppliers. These distribution channels ensure easy accessibility and availability of power tool chargers to consumers across the region, supporting the market growth. Asia Pacific is known for its technological advancements and manufacturing competitiveness. The region is a hub for power tool manufacturing, with companies constantly investing in research and development to introduce advanced power tools and their associated chargers.

Report Scope

Report Metric


Market Value in 2022

US$ 3,951.5 Million

Market Growth Rate (from 2016 to 2031)


Historical Data

2016 & 2021

Base Year


Forecast Period

2023 - 2031

Units Considered

Value (US$ Million)

Market Segments

By Battery Chargers Type, By Voltage Power, By Sales Channel

Key Companies Profiled

Robert Bosch Tool Corporation, Caterpillar (CAT), FLEX GmbH, Hilti, Koki Holdings Co., Ltd, LUKAS Hydraulik GmbH, Makita Corporation, Stanley Black & Decker, Inc, ANDREAS STIHL AG & CO. KG, and Techtronic Industries Co. Ltd. (TTI)

Customization Scope

Report customization available on request

Pricing and Purchase Options

Avail of tailor-made purchase options to meet your research requirements.

Target Audience

  • Supply-side: Manufacturer, distributors, wholesaler, and Supplier.
  • Demand Side: Automotive Industry, Construction Industry, Marine Industry.