Top 10 Power Tool Brands in the World 2020, Best Power Tool Brand, Power Tools Market Factsheet (2022)

What is the Current State of the Power Tools Market?

The top power tool brands in the world are contributing to a fast-growing global power tools market in 2020. The global power tools market is projected to reach USD 40.9 billion by 2027. Bosch, Hitachi, and Black & Decker are the largest power tool companies in the world by revenue. The modern power tools market is dominated by cordless technology taking over and the best power tool brands are in a race to provide the most reliable and cutting-edge tools in the market.

This fact sheet is to assist business professionals and investors interested in gaining insights into the global power tools market including:

  • Which is the best power tool brand?
  • Discover who the top 10 power tool brands in the world are by brand value and revenue in 2020?
  • What are the top global power tool market statistics to leverage in 2020?
  • Connect with the top power tool brands in the world at a B2B level.

BizVibe is already helping the best power tool brands in the world connect. Connect and track the latest news and insights from these companies.

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Power Tools Market Statistics & Trends

  • Bosch is the largest power tool company in the world by revenue.
  • The global power tools market size was valued at USD 32.3 billion in 2019.
  • The global power tools market is projected to reach USD 40.9 billion by 2027.
  • The global power tools market size is projected to grow at a CAGR of 27% by 2027.
  • APAC holds the highest market share of the global power tools market with a market share of 33.2%.
  • The future is in cordless technology: Major power tool manufacturer gained a 5% increase in power tools sales due to the introduction of cordless power tools.

Top 10 Power Tool Brands in the World 2020

Which is the best power tool brand? The following is a list of the top power tool brands ranked by a combination of revenue and brand value.

Rank

Power Tool Brand

Revenue (USD billions)

Headquarters

1Bosch91.66Gerlingen, Germany
2DeWalt5.37Towson, Maryland, USA
3Makita2.19Anjo, Aichi, Japan
4Milwaukee3.7Brookfield, Wisconsin, USA
5Black & Decker11.41Towson, Maryland, USA
6Hitachi90.6Tokyo, Japan
7Craftsman0.2Chicago, Illinois, USA
8Ryobi2.43Hiroshima, Japan
9Stihl4.41Waiblingen, Germany
10Techtronic Industries7.7Hong Kong

1. Bosch

Which is the best power tool brand? Ranking number 1 on our list of the top power tool brands in the world in 2020 is Bosch. Bosch is a German multinational engineering and technology company headquartered in Gerlingen, near Stuttgart, Germany. Aside from power tools, Bosch’s core operating areas are spread across four business sectors: mobility (hardware and software), consumer goods (including household appliances and power tools), industrial technology (including drive and control), and energy and building technology. Bosch’s power tools division is a supplier of power tools, power tool accessories, and measuring technology. In addition to power tools such as hammer drills, cordless screwdrivers, and jigsaws, its extensive product portfolio also includes gardening equipment such as lawnmowers, hedge trimmers, and high-pressure cleaners. Last year Bosch generated USD 91.66 billion in revenues — making Bosch one of the best power tool brands in the world in 2020.

  • Founded: 1886
  • Bosch Headquarters: Gerlingen, Germany
  • Bosch Revenue: USD 91.66 billion
  • Bosch Number of Employees: 400,100

Bosch Key Products

  • Automotive parts, power tools, security systems, home appliances, engineering, electronics, cloud computing, IoT.

2. DeWalt

Ranking number 2 on BizVibe’s list of the top 10 tool brands in the world is DeWalt. DeWalt is an American worldwide manufacturer of power tools and hand tools for the construction, manufacturing, and woodworking industries. Currently headquartered in Towson, Maryland, DeWalt has over 13,000 employees with Stanley Black & Decker as its parent company. Popular DeWalt products include A DeWalt screw gun, used for countersinking drywall screws; a DeWalt circular saw; and many more. Last year DeWalt generated USD 5.37 billion — making it one of the top power tool brands in the world in 2020 by revenue.

  • Founded: 1924
  • DeWalt Headquarters: Towson, Maryland, USA
  • DeWalt Revenue: USD 5.37 billion
  • DeWalt Number of Employees: 13,000

3. Makita

Ranking 3rd on this list of the top 10 best power tool brands in the world is Makita. Makita is a Japanese manufacturer of power tools, founded in 1915. Makita operates in Brazil, China, Japan, Mexico, Romania, the United Kingdom, Germany, Dubai, Thailand, and the United States. Makita generated USD 2.9 billion in revenue last year — making it one of the largest power tool companies in the world in 2020. Makita specializes in cordless tools such as cordless screwdrivers, cordless impact wrenches, cordless rotary hammers drills, and cordless jigsaws. As well as offering various other tools such as battery saws, cordless angle grinders, cordless planers, cordless metal shears, battery-powered screwdrivers, and cordless slot mills. Makita power tools include classic tools such as drilling and stemming hammers, drills, planers, saws and cutting & angle grinders, gardening equipment (electric lawnmowers, high-pressure cleaners, blowers), and measuring tools (rangefinders, rotating lasers).

  • Founded: 1915
  • Makita Headquarters: Anjo, Aichi, Japan
  • Makita Revenue: USD 2.19 billion
  • Makita Number of Employees: 13,845

4. Milwaukee

Ranking 4th on this list of the top 10 power tool brands in the world in 2020 in Milwaukee. The Milwaukee Electric Tool Corporation is an American company that develops, manufactures, and markets power tools. Milwaukee is a brand and subsidiary of Techtronic Industries, a Chinese company, along with AEG, Ryobi, Hoover, Dirt Devil, and Vax. It produces corded and cordless power tools, hand tools, pliers, hand saws, cutters, screwdrivers, trims, knives, and tool combo kits. Last year Milwaukee generated USD 3.7 billion — making it one of the best power tool brands by revenue in the world.

  • Founded: 1924
  • Milwaukee Headquarters: Brookfield, Wisconsin, USA
  • Milwaukee Revenue: USD 3.7 billion
  • Milwaukee Number of Employees: 1,450

5. Black & Decker

Black &Decker ranks 5th on this list of the top power tool brands in the world in 2020. Black & Decker is an American manufacturer of power tools, accessories, hardware, home improvement products, and fastening systems headquartered in Towson, Maryland, north of Baltimore, where the company was originally established in 1910. Last year Black & Decker generated USD 11.41 billion — making it one of the top 10 tool brands in the world by revenue.

  • Founded: 1910
  • Black & Decker Headquarters: Towson, Maryland, USA
  • Black & Decker Revenue: USD 11.41 billion
  • Black & Decker Number of Employees: 27,000

6. Hitachi

Not just a leading power tool brand. Hitachi is a Japanese multinational conglomerate company headquartered in Chiyoda, Tokyo, Japan. Hitachi manufactures regular cordless tools and lithium-ion battery tools. Last year Hitachi generated USD 90.6 billion — making it one of the top power tool brands in the world by revenue. Hitachi is known for the best power tool warranty in the industry (limited lifetime on tools, 5-year on batteries).

  • Founded: 1910
  • Hitachi Headquarters: Tokyo, Japan
  • Hitachi Revenue: USD 90.6 billion
  • Hitachi Number of Employees: 295,941

7. Craftsman

Ranking 7th on our list of the top 10 best power tool brands in the world is Craftsman. Craftsman is a line of tools, lawn and garden equipment, and workwear. Originally a house brand established by Sears, the brand is now owned by Stanley Black & Decker. Popular Mechanics named Craftsman their favorite brand of hand tools in their Reader’s Choice Awards. Last year Craftsman generated USD 196 million in sales for the Black & Decker brand.

  • Founded: 1927
  • Craftsman Headquarters: Chicago, Illinois, USA
  • Craftsman Revenue: USD 196 million

8. Ryobi

Ryobi ranks 8th on this list of the power tool manufacturer rankings in 2020. Ryobi is a Japanese manufacturer of components for automobiles, electronics, and telecommunications industries. It also sells printing equipment, power tools, and builders’ hardware. The Ryobi Tools brand in North America, Europe, Australia, and New Zealand is licensed by Techtronic Industries of Hong Kong. In the United States and Canada, Ryobi power tools are sold primarily through Home Depot and online shopping stores. In Australia and New Zealand, the line is sold exclusively by Bunnings Warehouse. In the UK the power tools are sold at hardware stores.

  • Founded: 1910
  • Ryobi Headquarters: Hiroshima, Japan
  • Ryobi Revenue: USD 2.43 billion
  • Ryobi Number of Employees: 8,993

Ryobi key Products

  • Die-cast products
  • Electric power tools
  • Lawn and garden equipment
  • Builders’ hardware
  • Printing equipment

9. Stihl

Stihl ranks 9th on our list of the top power tool brands in the world in 2020. Stihl is a German manufacturer of chainsaws and other handheld power equipment including trimmers and blowers. Stihl’s headquarters are in Waiblingen, Baden-Württemberg, near Stuttgart, Germany. Last year Stihl generated USD 4.41 billion — making the company one of the top 10 tool brands by revenue.

  • Founded: 1926
  • Stihl Headquarters: Waiblingen, Germany
  • Stihl Revenue: USD 4.41 billion
  • Stihl Number of Employees: 17,122

Stihl key Products

  • Industrial chainsaws, string trimmers, cultivators, cut-off saws, leaf blowers, construction tools, edgers, pole pruners, augers/drills & protective apparel

10. Techtronic Industries

Techtronic Industries rounds out our list of the top power tool brands in the world in 2020. Techtronic Industries designs manufacture and markets power tools, outdoor power equipment, accessories, hand tools, layout and measuring tools, floor care, and appliances. Headquartered in Hong Kong, Last year Techtronic Industries generated USD 7.7 billion — making it one of the best power tool brands in the world by revenue.

  • Founded: 1985
  • Techtronic Industries Headquarters: Hong Kong
  • Techtronic Industries Revenue: USD 7.7 billion

This is BizVibe’s list of the top power tool brands in the world based on revenue and brand value. These companies are changing the way businesses are innovating in the power tools market.

Reach out to the best power tool brands on BizVibe

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Top 10 Power Tool Brands by Revenue

Top 10 Power Tool Brands in the World 2020, Best Power Tool Brand, Power Tools Market Factsheet (1)

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Rank

Power Tool Brand

Revenue (USD billions)

Headquarters

1Bosch91.66Gerlingen, Germany
2Hitachi90.6Tokyo, Japan
3Black & Decker11.41Towson, Maryland, USA
4Techtronic Industries7.7Hong Kong
5DeWalt5.37Towson, Maryland, USA
6Stihl4.41Waiblingen, Germany
7Milwaukee3.7Brookfield, Wisconsin, USA
8Ryobi2.43Hiroshima, Japan
9Makita2.19Anjo, Aichi, Japan
10Craftsman0.2Chicago, Illinois, USA
  • Bosch is the largest power tool company in the world by revenue, generating USD 91.66 billion.

The Future of the Power Tools Market

Looking past 2020, the future of the global power tools market looks promising as the top power tool brands in the world continue to grow in revenues and technological evolution. Expect the industry to keep growing and the key players to play a vital role in its growth as the industry pushes towards better cordless power tools

(Video) Are Ryobi Tools Any Good? Scale from 1-10

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FAQs

What is the best cordless power tool brand? ›

Bosch is the power tool brand that has the best batteries. Not only are their cordless tools the longest-lasting, but they are also some of the most powerful options on the market.

What is the most reliable tool brand? ›

Our Top 5 Best Tool Brands
  • #1 DeWalt.
  • #2 Makita.
  • #3 Milwaukee.
  • #4 Bosch.
  • #5 Ridgid.
30 Jul 2022

What is the number 1 tool brand? ›

1. Makita. About the Brand: A high-quality power tool brand that's often innovative and has a particularly strong cordless range.

Is DeWalt better than Makita? ›

Makita vs DeWalt impact driver

In the impact driver stakes, Makita takes the lead over DeWalt in terms of RPM and impact rate, while the DeWalt has the edge in terms of torque. The Makita teams its power with a slightly lighter weight and more compact size, which makes for a potent package.

Is DeWalt or Milwaukee better? ›

If tool tracking, inventory, and tool control top your list, Milwaukee handily wins this area, though DeWalt continues to improve. When comparing DeWalt brushless vs Milwaukee brushless tools, both employ smart electronics to better control the speed and power of their tools while cutting, drilling, driving, or sawing.

Is Makita still a good brand? ›

Of all the major power tool brands, Makita is the most competent and comprehensive in OPE. They have a very wide range of tools on both the 18V and 18V X2 platforms along with professional-level gas equipment that features their MM4 4-stroke technology.

What brand of power tools are made in the USA? ›

DeWalt, Craftsman, Stanley Black & Decker

Most are familiar with the DeWalt, Craftsman, Stanley, Black + Decker, Bostitch, Irwin, Porter-Cable, Mac Tools, Proto, and Lenox brands—to name just a handful. Taking a virtual tour around the country, SBD claims 48 U.S. manufacturing facilities.

Which is better Ryobi or Milwaukee? ›

Milwaukee drills come with extra features, more speed, and longer runtimes to fulfill the needs of professional and extreme DIYers; however, those extras come with a higher price tag. Bottom line—if you're on a budget and you need a drill to do small jobs around the house, Ryobi is your best option.

Which power tool brand is the best Reddit? ›

Dewalt has great tools Milwaukee has average tools and makita is a step above ridged. Festool is more for a shop setting becouse a job site will tear them up really fast. I love my M12's. I've done years of heavy-duty work with them and they all still run great, except the Hackzall.

Who owns DeWalt? ›

Yes, Craftsman and DeWalt are Owned by Stanley Black & Decker. Stanley Black & Decker (SBD) turned heads when it bought Craftsman Tools in 2017 after Sears closed 235 stores in 2015. The company owns many brands, however.

What company owns Makita tools? ›

Makita Corporation (株式会社マキタ, kabushiki gaisha Makita) (TYO: 6586) is a Japanese manufacturer of power tools. Founded on March 21, 1915, it is based in Anjō, Japan and operates factories in Brazil, China, Japan, Mexico, Romania, the United Kingdom, Germany, United Arab Emirates, Thailand and the United States.

Does Bosch own Milwaukee? ›

Milwaukee is owned by Techtronic Industries, which also owns brands such as Ryobi, Hoover, and Dirt Devil. What is this? On the other hand, Bosch is a German company that was founded by Robert Bosch in Stuttgart, Germany in 1886. Bosch got into the power tools industry in 1932 with its first power drill.

Who is Bosch tools made by? ›

Robert Bosch GmbH (/bɒʃ/; German: [bɔʃ] ( listen)), commonly known as Bosch, is a German multinational engineering and technology company headquartered in Gerlingen. The company was founded by Robert Bosch in Stuttgart in 1886. Bosch is 92% owned by Robert Bosch Stiftung, a charitable institution.

Is DeWalt a good brand? ›

If you've never been shopping for power tools before, you may ask yourself: “Is DeWalt a good brand?” The simple answer is yes. DeWalt is a brand that's long been associated with quality and dependability, which is why their tools are preferred by professionals and DIYers alike.

Which power tools are made in Germany? ›

German Power Tool Brands List
  • Bosch.
  • Metabo.
  • FESTOOL.
  • FEIN.
  • Hilti.
  • Stihl.
5 Aug 2022

Are Bosch Tools good quality? ›

They've definitely got high-quality engineering experience under their belt. When it comes to power tools, they have a reputation for professionalism. In fact, their website mostly focuses on providing the professional builder with professional tools. Bosch has a great line of power tools that come at mid-range prices.

Who makes JCB power tools? ›

Buyaparcel is the home of JCB Tools - Including the JCB 18v Power Tool Range. Designed and developed by a company with 75 years of experience. In 1945, Joseph Cyril Bamford created the very first JCB product – a tipping trailer.

Is Makita DeWalt better than Milwaukee? ›

Hammer Drills: Milwaukee wins due to the higher torque and wider speed range. Impact Drivers: Higher torque, compact and lightweight construction, and greater control over speed and power output give Milwaukee the win. Reciprocating Saws: Makita wins due to the longer stroke length that provides fast cutting.

Why do carpenters use Makita? ›

Framers and carpenters need cutting solutions with power and performance -- not extra weight. Makita circular saws with Magnesium components are engineered for less weight with superior balance and durability.

Is Milwaukee owned by Makita? ›

Q: Are Makita and Milwaukee the same company? No, they are not. The two are two different brands, one from America, while the other is of Japanese origin. Both companies nonetheless started as only electronic repair shops.

What brand is better than Milwaukee? ›

In 2021, we think the best brand to trust is DeWalt. Their tools offer excellent performance at reasonable prices, and they're all warrantied for three years. Milwaukee tools are a great choice, but they can't match DeWalt's affordable prices and incredible value.

Is DeWalt owned by China? ›

DeWalt (stylized as DᴇWALT) Industrial Tool Company is an American worldwide manufacturer of power tools and hand tools for the construction, manufacturing and woodworking industries, as well as home craftspeople. DeWalt is a registered trademark of Black & Decker (U.S.) Inc., a subsidiary of Stanley Black & Decker.

Is DeWalt made in China? ›

DeWalt is a global manufacturer of power tools, hand tools, and accessories. They manufacture their tools in the following countries: United States, Mexico, Brazil, China, Italy, United Kingdom, and the Czech Republic.

Who makes snap-on tools? ›

Snap-on Inc. operates plants in Milwaukee, Wisconsin, Elizabethton, Tennessee, and Elkmont, Alabama. Pneumatic and cordless tools are manufactured under the "Ingersoll Rand" name in Murphy, North Carolina.

Is Makita a Japanese company? ›

History/Makita Corporation. In 1958, Makita Corporation, which was founded in 1915 as an electric motor sales and repair company, became the first company in Japan to manufacture and sell electric planers.

Is Ryobi brand good? ›

Ryobi Tool Quality Overview. The first important thing to note about Ryobi tools is that they are generally seen as being somewhere around average or above average. The general consensus is that while Ryobi products may not be as high end as from some other brands out there, they are generally still quite good.

Who is Milwaukee tools owned by? ›

Milwaukee Electric Tool is a subsidiary of Techtronic Industries Co. Ltd. (TTI), ttigroup.com. Founded in 1985, TTI is a leading marketer, manufacturer and supplier of home improvement and floor care products, employing over 20,000 people worldwide.

Are Mac Tools made in USA? ›

Mac Tools USA hardline tools are manufactured in their partner plant of Proto Dallas. Their primary distribution center is located in Hilliard, Ohio, United States.

What tools are not made in China? ›

Made in USA:
  • ABC Hammers.
  • Ajax Tools.
  • Braun Corporation: Wheelchair equipment.
  • Channellock.
  • Council Tool Hand tools.
  • Edelbrock Specialty vehicle parts.
  • Eklind Tools.
  • Estwing Hatchet: Hatchets, axes.

Is Ryobi made in China? ›

Ryobi tools are products of Techtronic Industries, with their manufacturing facility in China, headquartered in Hong Kong. There are various manufacturing plants owned by Ryobi, including one in Indiana, US.

Are Ryobi as good as Milwaukee? ›

Milwaukee Tools are better than Ryobi as they are made for professionals and heavy-duty DIY projects. Ryobi has more affordable power tools than Milwaukee for homeowners and DIY enthusiasts. However, Milwaukee Tools and Kyocera Ryobi products are at par.

Does Milwaukee own DeWalt? ›

Stanley Black & Decker owns Dewalt, and Techtronic Industries (TTI) owns Milwaukee Tool. There is no notable crossover, partnership, or cooperative efforts between these companies.

Are impact drivers better than drills? ›

The impact driver is much stronger than a drill in terms of the way it can deliver that extra torque to break loose stuck bolts and screws or drive them deeper into the material.

Are Craftsman power tools good Reddit? ›

The newer Craftsman stuff honestly isn't bad if you're starting out or NEED some tools quickly on the cheap, but the tool sizing tolerance isn't quite there, the quality of materials isn't there, and some have had issues with warranting out broken hand tools. But they're not bad. Just not great.

Is Milwaukee tool owned by China? ›

The Milwaukee Electric Tool Corporation is an American company that develops, manufactures, and markets power tools. It is a brand and subsidiary of Techtronic Industries.

Who owns Ryobi and Milwaukee? ›

Brands like Ryobi, Dirt Devil, Oreck, Milwaukee Electric and Hoover, for example, are owned by Techtronic Industries based out of Hong Kong. The Connecticut-based Stanley Black & Decker owns many brands beyond its name, including Lenox, Craftsman, Irwin Tools, DeWALT and CribMaster.

What country makes DeWalt tools? ›

Made in the USA With Global Materials | DEWALT.

Where is Bosch tools made? ›

Specifically, Bosch's power tool division was started in 2003. Most of their products are made in Malaysia, Mexico, Taiwan, and China but there are still some products manufactured in Europe; specifically Germany and Switzerland.

Are Bosch and Diablo the same? ›

Diablo Tools is a division of the Robert Bosch Tool Corporation and is guided by the principles of founder Robert Bosch.

Is DeWalt or Milwaukee better? ›

If tool tracking, inventory, and tool control top your list, Milwaukee handily wins this area, though DeWalt continues to improve. When comparing DeWalt brushless vs Milwaukee brushless tools, both employ smart electronics to better control the speed and power of their tools while cutting, drilling, driving, or sawing.

Is DeWalt better than Makita? ›

Makita vs DeWalt impact driver

In the impact driver stakes, Makita takes the lead over DeWalt in terms of RPM and impact rate, while the DeWalt has the edge in terms of torque. The Makita teams its power with a slightly lighter weight and more compact size, which makes for a potent package.

Is Snap-On the best tools? ›

Snap-On is a manufacturer and distributor of high-end equipment and tools used in the railroad, aviation, marine, and automotive industries. Snap-on tools are well known for their craftsmanship and quality tools. Actually, Snap-On is the highest quality tool you will get in the market.

What brand is better than Milwaukee? ›

In 2021, we think the best brand to trust is DeWalt. Their tools offer excellent performance at reasonable prices, and they're all warrantied for three years. Milwaukee tools are a great choice, but they can't match DeWalt's affordable prices and incredible value.

Is DeWalt owned by China? ›

DeWalt (stylized as DᴇWALT) Industrial Tool Company is an American worldwide manufacturer of power tools and hand tools for the construction, manufacturing and woodworking industries, as well as home craftspeople. DeWalt is a registered trademark of Black & Decker (U.S.) Inc., a subsidiary of Stanley Black & Decker.

Is Makita DeWalt better than Milwaukee? ›

Hammer Drills: Milwaukee wins due to the higher torque and wider speed range. Impact Drivers: Higher torque, compact and lightweight construction, and greater control over speed and power output give Milwaukee the win. Reciprocating Saws: Makita wins due to the longer stroke length that provides fast cutting.

Why do carpenters use Makita? ›

Framers and carpenters need cutting solutions with power and performance -- not extra weight. Makita circular saws with Magnesium components are engineered for less weight with superior balance and durability.

Is Makita made in Japan? ›

Makita Corporation (株式会社マキタ, kabushiki gaisha Makita) (TYO: 6586) is a Japanese manufacturer of power tools. Founded on March 21, 1915, it is based in Anjō, Japan and operates factories in Brazil, China, Japan, Mexico, Romania, the United Kingdom, Germany, United Arab Emirates, Thailand and the United States.

Is Milwaukee owned by Makita? ›

Q: Are Makita and Milwaukee the same company? No, they are not. The two are two different brands, one from America, while the other is of Japanese origin. Both companies nonetheless started as only electronic repair shops.

Is DeWalt a good brand? ›

If you've never been shopping for power tools before, you may ask yourself: “Is DeWalt a good brand?” The simple answer is yes. DeWalt is a brand that's long been associated with quality and dependability, which is why their tools are preferred by professionals and DIYers alike.

Who owns DeWalt? ›

Yes, Craftsman and DeWalt are Owned by Stanley Black & Decker. Stanley Black & Decker (SBD) turned heads when it bought Craftsman Tools in 2017 after Sears closed 235 stores in 2015. The company owns many brands, however.

Is Snap-On Made in China? ›

Some of the products Snap-on makes outside of the US: China: Variable speed polisher, welding helmet, safety gloves, or cordless screwdriver set. Ireland: Gas Torch. Canada: Air Compressors.

Why is Snap-On expensive? ›

Snap-On tools are expensive because they're made of high-quality materials and craftsmanship. Most of their tools are made in the USA, which adds significantly to the labor costs. Moreover, they offer a lifetime warranty on most of their tools with free repairs and replacements.

Who owns Snap-On tools? ›

Snap-on is a part of Snap-on Incorporated, which is a publicly-traded company with symbol SNA. In other words, individuals and institutions hold shares of the company in the same way as with other publicly-traded brands such as Coca Cola, Apple, Home Depot, and Stanley Black & Decker.

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