Canada Smart Power Tools Market Size & Outlook, 2025-2033
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Canada smart power tools market highlights
- The Canada smart power tools market generated a revenue of USD 86.9 million in 2024 and is expected to reach USD 196.6 million by 2033.
- The Canada market is expected to grow at a CAGR of 9.5% 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.
Smart power tools market data book summary
| Market revenue in 2024 | USD 86.9 million |
| Market revenue in 2033 | USD 196.6 million |
| Growth rate | 9.5% (CAGR from 2025 to 2033) |
| Largest segment | Drilling & fastening tools |
| Fastest growing segment | Drilling & Fastening Tools |
| Historical data | 2021 - 2023 |
| Base year | 2024 |
| Forecast period | 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, Canada accounted for 2.5% of the global smart power tools market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2033.
- In North America, U.S. smart power tools market is projected to lead the regional market in terms of revenue in 2033.
- U.S. is the fastest growing regional market in North America and is projected to reach USD 1,842.0 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 |
Canada 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 40.97% in 2024. Horizon Databook has segmented the Canada 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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Our clientele includes a mix of smart power tools market companies, investment firms, advisory firms & academic institutions.
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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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Horizon Databook provides a detailed overview of country-level data and insights on the Canada smart power tools market , including forecasts for subscribers. This country databook contains high-level insights into Canada smart power tools market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Canada smart power tools market size, by product, 2021-2033 (US$M)
Canada Smart Power Tools Market Outlook Share, 2024 & 2033 (US$M)
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