These Are Not Your Papa's Power Tools | Professional Builder
The Future for Battery-Powered Tools Looks Strong All of these benefits are primarily why the technology is rapidly growing and will dominate the future market for power tools. “The global power tool battery market is expected to expand at a rapid pace, owing to increased demand for power tool batteries in industrial, commercial, and residential applications,” says analysis by Market Research Future, which expects the global power tool battery market to grow at an 8.52% compound annual growth rate from 2020 to 2027. The bulk of this growth will be in lithium-ion products, the firm antici...