Cordless Planer Market by Product, Battery Voltage (12.1 V to 18V, Above 18V, Up to 12V), Blade Size, Speed, Application, Distribution Channel

List of Tables

[192 Pages Report] The Cordless Planer Market size was estimated at USD 1.67 billion in 2023 and expected to reach USD 1.76 billion in 2024, at a CAGR 5.51% to reach USD 2.44 billion by 2030.

A cordless planer is a portable tool powered by rechargeable batteries, used primarily for smoothing and shaping wood. Unlike corded planers, cordless planers offer the advantages of portability and ease of use without the encumbrance of a power cord. This tool is commonly used in woodworking, carpentry, and DIY home improvement projects. The absence of a power cord allows users to work in various settings without needing access to electrical outlets, making it ideal for job sites without a direct power supply or in areas where the use of cords can pose a safety hazard, thereby driving its adoption. There's a growing trend among both professionals and hobbyists toward using automated and wireless tools, driving demand for cordless models. However, battery-powered tools may pose limitations in terms of power and runtime for heavier, industrial-grade applications. The necessity to charge batteries or have several spares can be cumbersome and restrict prolonged use, which might deter professionals who require a consistent power supply. Continued research into more efficient, sustainable, and powerful batteries can alleviate current limitations regarding power and runtime. Innovations focused on improving safety, such as automatic shut-off capabilities or better hand protection, can make cordless planers more appealing and reduce work-related injuries.

KEY MARKET STATISTICS
Base Year [2023]	USD 1.67 billion
Estimated Year [2024]	USD 1.76 billion
Forecast Year [2030]	USD 2.44 billion
CAGR (%)	5.51%

Regional Insights

The Americas region, particularly the U.S. and Canada, showcases a robust demand for cordless planers fueled by a thriving DIY culture and a strong housing construction sector. Consumers in the region prioritize convenience, brand reputation, and product features such as battery life and power. Recent investments tend toward enhancing battery technology and ergonomic design to cater to prolonged usage demands. The EU market is characterized by stringent regulations regarding the safety and environmental impact of power tools. High awareness of the latest technology and a preference for products that comply with European standards such as CE marking are evident. EU consumers lean towards products that offer innovation, safety, and sustainability. Recent EU investments are channeled towards products that minimize energy consumption and reduce noise levels. With a burgeoning construction industry, the Middle East exhibits a growing demand for cordless planers. Consumers in this region prioritize high-performance tools that are versatile and can withstand harsh working conditions. APAC region presents an evolving landscape for cordless planers, driven by the rising manufacturing and exporting of electric power tools, including cordless planers. The domestic market is driven by rapid industrialization and the availability of a wide range of products. Recent patents focus on improving motor efficiency and battery longevity, showcasing a trend toward innovation in power tool technology.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Cordless Planer Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers
- Growing trend among workers and professionals toward automated and wireless tools
- Trend toward DIY solutions for construction and the rise of hobbyists in the carpentry sector
- Need to improve the safety of personnel during construction operations

Market Restraints
- Cost constraints associated with the adoption of cordless planer

Market Opportunities
- Continuous innovation to improve the functionality and performance of cordless planer
- Efforts to improve the sustainability and energy efficiency of cordless planer

Market Challenges
- Limitations associated with battery life

Market Segmentation Analysis
- Product: Preference for benchtop cordless planers owing to their ability to provide high-precision
- Application: Robust performance of cordless planers in the commercial sector for a diverse array of uses

Market Disruption Analysis
Porter's Five Forces Analysis
Value Chain & Critical Path Analysis
Pricing Analysis
Technology Analysis
Patent Analysis
Trade Analysis
Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Cordless Planer Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Cordless Planer Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Publix's Strategic Expansion into Greenwise Branded Cordless Power Tools

Publix diversified its product portfolio by launching Greenwise cordless power tools. These tools cater to the growing market of do-it-yourself (DIY) home improvement enthusiasts, emphasizing sustainability, efficiency, and durability. Greenwise consists of a series of four essential tools, all powered by an 18V battery system. This collection includes a cordless drill, impact driver, circular saw, and reciprocating saw, each featuring the distinctive Greenwise green color. These tools are designed for accessibility and reliability, catering to beginners and experienced DIY enthusiasts. [Published On: 2023-04-01]

Introduction of the M12 2524 Cordless Planer by Milwaukee Tool

Milwaukee Tool has launched the M12 2524, touted as a powerful 12V cordless planer available today, specifically designed for professional finish carpenters and remodelers. This tool is engineered to efficiently handle both soft and hard wood materials, making it ideal for a variety of finishing and remodeling tasks. Its convenience and power are suited to meet the demands of precision work in both finished and unfinished projects. [Published On: 2023-01-31]

Bosch Power Tools Expands CORE18V Line With New 18V Cordless Tools Launch

Bosch Power Tools has aimed to enhance its CORE18V platform by introducing 32 new 18V cordless tools, highlighted during the World of Concrete tradeshow in Las Vegas. This expansion includes robust offerings such as rotary hammers and high-torque impact wrenches under the PROFACTOR series, alongside other cordless devices aimed at improving efficiency on the job site. These tools, developed through direct feedback from professionals, are all compatible with the CORE18V battery system, reinforcing Bosch's commitment to a unified battery platform that caters to diverse work needs in concrete handling, woodworking, and general construction tasks. [Published On: 2023-01-12]

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Cordless Planer Market. This critical assessment involves a thorough analysis of the organization's resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Cordless Planer Market, highlighting leading vendors and their innovative profiles. These include DEWALT Inc. by Stanley Black & Decker, Inc., EBIC Tools Co., Ltd., Einhell Germany AG, Endico Power Tools, Grizzly Industrial, Inc., Hebei Sinotools Industrial Co., LTD., Hilti AG, INGCO Inc., Jinhua Coofixtools I&E Co.,Ltd, Kings Garden Tools & Power Tools, Koki Holdings Co., Ltd., KYNKO INDUSTRIAL LIMITED, Makita Ltd, Milwaukee Electric Tool Corporation, Mogli Labs Private Limited, Rigid by Emerson Electric Co., Robert Bosch Tool Corporation, Ronix (Zhangjiagang Bonder Area) Co., Ltd, Ruby Tools, RYOBI Limited, Skil, WEN Products, Yongkang Sanhengwin Import & Export Co., Ltd., Yongkang Yishun Tools Co., Ltd., and Zhejiang SALI Abrasive Technology Co.,Ltd..

Market Segmentation & Coverage

This research report categorizes the Cordless Planer Market to forecast the revenues and analyze trends in each of the following sub-markets:

Product
- Benchtop Cordless Planers
- Handheld Cordless Planers

Battery Voltage
- 12.1 V to 18V
- Above 18V
- Up to 12V

Blade Size
- 2.1 to 3 Inches
- Less than 2 Inches
- Over 3 Inches

Speed
- Single-Speed
- Variable-Speed

Application
- Commercial
- Residential/DIY

Distribution Channel
- Offline
- Online

Region
- Americas
  - Argentina
  - Brazil
  - Canada
  - Mexico
  - United States
    - California
    - Florida
    - Illinois
    - New York
    - Ohio
    - Pennsylvania
    - Texas
- Asia-Pacific
  - Australia
  - China
  - India
  - Indonesia
  - Japan
  - Malaysia
  - Philippines
  - Singapore
  - South Korea
  - Taiwan
  - Thailand
  - Vietnam

Europe, Middle East & Africa
- Denmark
- Egypt
- Finland
- France
- Germany
- Israel
- Italy
- Netherlands
- Nigeria
- Norway
- Poland
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- Sweden
- Switzerland
- Turkey
- United Arab Emirates
- United Kingdom

Product Code: MRR-FE70EC183B5C

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Growing trend among workers and professionals toward automated and wireless tools
  - 5.1.1.2. Trend toward DIY solutions for construction and the rise of hobbyists in the carpentry sector
  - 5.1.1.3. Need to improve the safety of personnel during construction operations
- 5.1.2. Restraints
  - 5.1.2.1. Cost constraints associated with the adoption of cordless planer
- 5.1.3. Opportunities
  - 5.1.3.1. Continuous innovation to improve the functionality and performance of cordless planer
  - 5.1.3.2. Efforts to improve the sustainability and energy efficiency of cordless planer
- 5.1.4. Challenges
  - 5.1.4.1. Limitations associated with battery life
5.2. Market Segmentation Analysis
- 5.2.1. Product: Preference for benchtop cordless planers owing to their ability to provide high-precision
- 5.2.2. Application: Robust performance of cordless planers in the commercial sector for a diverse array of uses
5.3. Market Disruption Analysis
5.4. Porter's Five Forces Analysis
- 5.4.1. Threat of New Entrants
- 5.4.2. Threat of Substitutes
- 5.4.3. Bargaining Power of Customers
- 5.4.4. Bargaining Power of Suppliers
- 5.4.5. Industry Rivalry
5.5. Value Chain & Critical Path Analysis
5.6. Pricing Analysis
5.7. Technology Analysis
5.8. Patent Analysis
5.9. Trade Analysis
5.10. Regulatory Framework Analysis

6. Cordless Planer Market, by Product

6.1. Introduction
6.2. Benchtop Cordless Planers
6.3. Handheld Cordless Planers

7. Cordless Planer Market, by Battery Voltage

7.1. Introduction
7.2. 12.1 V to 18V
7.3. Above 18V
7.4. Up to 12V

8. Cordless Planer Market, by Blade Size

8.1. Introduction
8.2. 2.1 to 3 Inches
8.3. Less than 2 Inches
8.4. Over 3 Inches

9. Cordless Planer Market, by Speed

9.1. Introduction
9.2. Single-Speed
9.3. Variable-Speed

10. Cordless Planer Market, by Application

10.1. Introduction
10.2. Commercial
10.3. Residential/DIY

11. Cordless Planer Market, by Distribution Channel

11.1. Introduction
11.2. Offline
11.3. Online

12. Americas Cordless Planer Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Cordless Planer Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Cordless Planer Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. Market Share Analysis, 2023
15.2. FPNV Positioning Matrix, 2023
15.3. Competitive Scenario Analysis
- 15.3.1. Publix's Strategic Expansion into Greenwise Branded Cordless Power Tools
- 15.3.2. Introduction of the M12 2524 Cordless Planer by Milwaukee Tool
- 15.3.3. Bosch Power Tools Expands CORE18V Line With New 18V Cordless Tools Launch
15.4. Strategy Analysis & Recommendation

16. Competitive Portfolio

16.1. Key Company Profiles
16.2. Key Product Portfolio