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

The Cordless Planer Market was valued at USD 1.67 billion in 2023, expected to reach USD 1.76 billion in 2024, and is projected to grow at a CAGR of 5.51%, to USD 2.44 billion by 2030.

The cordless planer market primarily deals with devices that are used to smooth, flatten, or reduce the thickness of wooden surfaces without the constraints of a power cord. These tools are vital in carpentry, construction, and woodworking for achieving precise dimensions and finishes. The necessity for cordless planers arises from their portability, convenience, and the efficiency they offer by eliminating the need for power outlets, thus appealing to professionals and DIY enthusiasts alike. Their application spans across furniture making, construction projects, and home improvement tasks, with end usages seen in industrial, residential, and commercial sectors. Market growth is driven by an uptick in home renovation activities and the evolving nature of do-it-yourself projects, which has heightened demand for easily maneuverable and versatile tools. Moreover, the development of more efficient Lithium-ion batteries extends operational time, supporting broader adoption. Innovations are also spurred by advancements in electric motor technologies leading to lightweight and high-performing cordless planers. However, market growth is challenged by limitations like the relatively higher cost compared to corded variants and battery limitations impacting prolonged usage. Furthermore, competition from manual tools or alternative electric solutions can hinder cordless planer adoption. The major opportunities lie in emerging markets with high residential construction activity and increasing adoption of battery-operated tools. Companies should consider innovating in areas such as enhancing battery life, improving ergonomic designs, and integrating smart technologies for improved precision and control. Research into sustainable materials and further motor efficiency gains can also offer competitive advantages. The market is relatively competitive and dynamic, with rapid technological advancements offering growth prospects for businesses willing to invest in R&D to meet evolving consumer needs and preferences efficiently.

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%

Market Dynamics: Unveiling Key Market Insights in the Rapidly Evolving Cordless Planer Market

The Cordless Planer Market is undergoing transformative changes driven by a dynamic interplay of supply and demand factors. Understanding these evolving market dynamics prepares business organizations to make informed investment decisions, refine strategic decisions, and seize new opportunities. By gaining a comprehensive view of these trends, business organizations can mitigate various risks across political, geographic, technical, social, and economic domains while also gaining a clearer understanding of consumer behavior and its impact on manufacturing costs and purchasing trends.

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

Porter's Five Forces: A Strategic Tool for Navigating the Cordless Planer Market

Porter's five forces framework is a critical tool for understanding the competitive landscape of the Cordless Planer Market. It offers business organizations with a clear methodology for evaluating their competitive positioning and exploring strategic opportunities. This framework helps businesses assess the power dynamics within the market and determine the profitability of new ventures. With these insights, business organizations can leverage their strengths, address weaknesses, and avoid potential challenges, ensuring a more resilient market positioning.

PESTLE Analysis: Navigating External Influences in the Cordless Planer Market

External macro-environmental factors play a pivotal role in shaping the performance dynamics of the Cordless Planer Market. Political, Economic, Social, Technological, Legal, and Environmental factors analysis provides the necessary information to navigate these influences. By examining PESTLE factors, businesses can better understand potential risks and opportunities. This analysis enables business organizations to anticipate changes in regulations, consumer preferences, and economic trends, ensuring they are prepared to make proactive, forward-thinking decisions.

Market Share Analysis: Understanding the Competitive Landscape in the Cordless Planer Market

A detailed market share analysis in the Cordless Planer Market provides a comprehensive assessment of vendors' performance. Companies can identify their competitive positioning by comparing key metrics, including revenue, customer base, and growth rates. This analysis highlights market concentration, fragmentation, and trends in consolidation, offering vendors the insights required to make strategic decisions that enhance their position in an increasingly competitive landscape.

FPNV Positioning Matrix: Evaluating Vendors' Performance in the Cordless Planer Market

The Forefront, Pathfinder, Niche, Vital (FPNV) Positioning Matrix is a critical tool for evaluating vendors within the Cordless Planer Market. This matrix enables business organizations to make well-informed decisions that align with their goals by assessing vendors based on their business strategy and product satisfaction. The four quadrants provide a clear and precise segmentation of vendors, helping users identify the right partners and solutions that best fit their strategic objectives.

Strategy Analysis & Recommendation: Charting a Path to Success in the Cordless Planer Market

A strategic analysis of the Cordless Planer Market is essential for businesses looking to strengthen their global market presence. By reviewing key resources, capabilities, and performance indicators, business organizations can identify growth opportunities and work toward improvement. This approach helps businesses navigate challenges in the competitive landscape and ensures they are well-positioned to capitalize on newer opportunities and drive long-term success.

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:

Based on Product, market is studied across Benchtop Cordless Planers and Handheld Cordless Planers.
Based on Battery Voltage, market is studied across 12.1 V to 18V, Above 18V, and Up to 12V.
Based on Blade Size, market is studied across 2.1 to 3 Inches, Less than 2 Inches, and Over 3 Inches.
Based on Speed, market is studied across Single-Speed and Variable-Speed.
Based on Application, market is studied across Commercial and Residential/DIY.
Based on Distribution Channel, market is studied across Offline and Online.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

The report offers a comprehensive analysis of the market, covering key focus areas:

1. Market Penetration: A detailed review of the current market environment, including extensive data from top industry players, evaluating their market reach and overall influence.

2. Market Development: Identifies growth opportunities in emerging markets and assesses expansion potential in established sectors, providing a strategic roadmap for future growth.

3. Market Diversification: Analyzes recent product launches, untapped geographic regions, major industry advancements, and strategic investments reshaping the market.

4. Competitive Assessment & Intelligence: Provides a thorough analysis of the competitive landscape, examining market share, business strategies, product portfolios, certifications, regulatory approvals, patent trends, and technological advancements of key players.

5. Product Development & Innovation: Highlights cutting-edge technologies, R&D activities, and product innovations expected to drive future market growth.

The report also answers critical questions to aid stakeholders in making informed decisions:

1. What is the current market size, and what is the forecasted growth?

2. Which products, segments, and regions offer the best investment opportunities?

3. What are the key technology trends and regulatory influences shaping the market?

4. How do leading vendors rank in terms of market share and competitive positioning?

5. What revenue sources and strategic opportunities drive vendors' market entry or exit strategies?

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. Porter's Five Forces Analysis
- 5.3.1. Threat of New Entrants
- 5.3.2. Threat of Substitutes
- 5.3.3. Bargaining Power of Customers
- 5.3.4. Bargaining Power of Suppliers
- 5.3.5. Industry Rivalry
5.4. PESTLE Analysis
- 5.4.1. Political
- 5.4.2. Economic
- 5.4.3. Social
- 5.4.4. Technological
- 5.4.5. Legal
- 5.4.6. Environmental

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

Companies Mentioned

1. DEWALT Inc. by Stanley Black & Decker, Inc.
2. EBIC Tools Co., Ltd.
3. Einhell Germany AG
4. Endico Power Tools
5. Grizzly Industrial, Inc.
6. Hebei Sinotools Industrial Co., LTD.
7. Hilti AG
8. INGCO Inc.
9. Jinhua Coofixtools I&E Co.,Ltd
10. Kings Garden Tools & Power Tools
11. Koki Holdings Co., Ltd.
12. KYNKO INDUSTRIAL LIMITED
13. Makita Ltd
14. Milwaukee Electric Tool Corporation
15. Mogli Labs Private Limited
16. Rigid by Emerson Electric Co.
17. Robert Bosch Tool Corporation
18. Ronix (Zhangjiagang Bonder Area) Co., Ltd
19. Ruby Tools
20. RYOBI Limited
21. Skil
22. WEN Products
23. Yongkang Sanhengwin Import & Export Co., Ltd.
24. Yongkang Yishun Tools Co., Ltd.
25. Zhejiang SALI Abrasive Technology Co.,Ltd.