The world's top power tool brands are contributing to the fast-growing global power tool market in 2022. The global power tool market is expected to reach US$40.9 billion by 2027. Bosch , Hitachi and Baide are the largest power tools global companies are calculated by revenue. The modern power tool market is dominated by wireless technology, and the best power tool brands are all competing to provide the most reliable and state-of-the-art tools on the market.
Which is the best power tool brand? Here is a list of top power tool brands ranked comprehensively by revenue and brand value.
1. Bosch
What is the best power tool brand? The number one in our list of top power tool brands in the world in 2022 is Bosch. Bosch is a German multinational engineering technology company headquartered in Gerlingen near Stuttgart, Germany. In addition to power tools, Bosch's core business areas are distributed in four business areas: mobile (hardware and software), consumer goods (including household appliances and power tools), industrial technology (including drives and controls), and energy and construction technologies. Bosch's power tools division is a supplier of power tools, power tool accessories and measurement technology. In addition to power tools such as hammer drill , cordless screwdriver and puzzle, its wide product portfolio also includes horticulture equipment such as lawn mower , hedge trimmer and high-pressure washer . Last year, Bosch generated $91.66 billion in revenue—making Bosch one of the world’s best power tool brands in 2022.
Establishment time: 1886
Bosch headquarters: Gerlingen, Germany
Bosch revenue: US$91.66 billion
Bosch employees: 400,100
Bosch main products
Automobile parts, power tools, security systems, household appliances, engineering, electronics, cloud computing , Internet of Things.
2.DeWalt
The second place in the world's top 10 tool brands is DeWalt. DeWalt is a global manufacturer of power tools and hand tools from the United States for use in the construction, manufacturing and woodworking industries. Currently based in Towson, Maryland, DeWalt employs more than 13,000 people and its parent company is Stanley Black & Decker. Popular DeWalt products include A DeWalt screw guns for countersunk drywall screws; DeWalt circular saws; and many more. Last year, DeWalt generated $5.37 billion in revenue, making it one of the world's highest-paid power tool brands in 2020.
Established time: 1924
Dewei Headquarters: Towson, Maryland, USA
Dewei Revenue: US$5.37 billion
Dewei Employees: 13,000
3. Makita
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ranks third in this list of the top 10 best power tool brands in the world. Makita is a Japanese power tool manufacturer founded in 1915. Makita operates in Brazil , China, Japan, Mexico , Romania , the United Kingdom, Germany, Dubai , Thailand and the United States. Makita generated $2.9 billion in revenue last year, making it one of the world’s largest power tool companies in 2020. Makita focuses on cordless tools such as cordless screwdrivers, cordless impact wrench, cordless electric hammer drill and cordless puzzle. As well as providing a variety of other tools such as battery saws, cordless angle grinders, cordless planers, cordless metal shears, battery-powered screwdrivers and cordless slot milling cutters. Makita power tools include classic tools such as drilling and destemming hammers, drill bits, planes, saws and cutting and angle grinders, gardening equipment (electric lawn mowers, high pressure cleaners, blowers ) and measurement tools ( rangefinder , rotary laser).
Established time: 1915
Makita Headquarters: Ancheng, Aichi Prefecture, Japan
Makita Revenue: US$2.19 billion
Makita Employees: 13, 845
4. Milwaukee
Ranked 4th in Milwaukee's 2020 Top 10 Power Tool Brands List of the World in Milwaukee. Milwaukee Power Tools is an American company that develops, manufactures, and sells power tools.Milwaukee is a brand and subsidiary of Chinese companies Techtronic Industries, as well as AEG, Ryobi, Hoover, Dirt Devil and Vax. It produces roped and cordless power tools, hand tools, pliers, hand saws, cutters, screwdrivers, trimmers, cutters and tool combination kits. Last year, Milwaukee generated $3.7 billion in revenue, making it one of the best-in-revenue power tool brands in the world.
Established time: 1924
Milwaukee Headquarters: Brookfield, Wisconsin, USA
Milwaukee's revenue: US$3.7 billion
Milwaukee employees: 1,450
5. Baide
Black &Decker ranked 5th in the 2020 world's top power tool brands rankings. Black & Decker is an American manufacturer of power tools, accessories, hardware, home decoration products and fastening systems, based in Baltimore, North Towson, Maryland, the company was originally founded in 1910. Last year, Baide generated $11.41 billion in revenue, becoming one of the top ten tool brands in the world. night.
Established time: 1910
Black & Decker Headquarters: Towson, Maryland, USA
Baide Revenue: US$11.41 billion
Baide Employees: 27,000
6. Hitachi
is not just a leading power tool brand. Hitachi is a Japanese multinational company headquartered in Chiyoda, Tokyo, Japan. Hitachi produces ordinary cordless tools and lithium-ion battery tools. Last year, Hitachi generated $90.6 billion in revenue, making it one of the world's highest-paid power tool brands. Hitachi is known for its best power tool warranty in the industry (limited tool life, 5 years of battery).
Established time: 1910
Hitachi Headquarters: Tokyo, Japan
Hitachi Revenue: US$90.6 billion
Hitachi Employees: 295,941
7.Craftsman
0 Ranked 7th in our list of the top 10 best power tool brands in the world is Craftsman. Craftsman is a range of tools, lawn and garden equipment, and work clothes. The brand was originally a private label founded by Sears and is now owned by Stanley Black & Decker. Popular Mechanics rated Craftsman as their favorite hand tool brand in the Reader’s Choice Awards. Last year, Craftsman generated $196 million in sales for the Black & Decker brand.
Established time: 1927
Craftsman Headquarters: Chicago, Illinois, USA
Craftsman Revenue: US$196 million
8.Ryobi
Ryobi ranks 8th in this 2020 power tool manufacturer ranking. Ryobi is a Japanese manufacturer of parts for the automotive, electronics and telecommunications industries. It also sells printing equipment, power tools and construction hardware. The Ryobi Tools brand for New Zealand is licensed by Techtronic Industries in Hong Kong. In the United States and Canada, Ryobi power tools are mainly sold through Home Depot and online shopping stores. In Australia and New Zealand, the line is exclusively sold by Bunnings Warehouse. In the UK, power tools are for sale in hardware stores.
Established time: 1910
2-by-two-by Headquarters: Hiroshima, Japan
Ryobi Revenue: US$2.43 billion
2-by-two-by-two-by-two-by-work employees: 8,993
9. Steele
Steele ranks 9th in our list of top power tool brands in the world in 2020. Steele is a German manufacturer that produces chainsaw and other handheld power equipment, including trimmers and blowers. Steele is headquartered in Wimblenen, Baden Württemberg, near Stuttgart, Germany. Last year, Steele generated $4.41 billion in revenue—making the company one of the top 10 tool brands in revenue.
Establishment time: 1926
Steel Headquarters: Wimbledgen, Germany
Steel Revenue: US$4.41 billion
Steel Employees: 17,122
Steel Main products:
Industry Chain saw , string trimmer, cultivator , cutting saw, leaf blower, construction tools, edge grinder , pruning shears, auger/drill bits and protective clothing
10. Chuangke Industrial
Techtronic Industries has improved our list of top global power tool brands in 2022. Techtronic Industries designs, manufactures and sells power tools, outdoor electric equipment, accessories, hand tools, layout and measurement tools, floor care and appliances. Headquartered in Hong Kong, Techtronic Industries generated $7.7 billion in revenue last year, making it one of the best-in-revenue power tool brands in the world.
Established: 1985
Chuangke Industry Headquarters: Hong Kong
Techtronic Industries Revenue: US$7.7 billion
This is the world's top power tool brand listed based on revenue and brand value. These companies are changing the way businesses innovate in the power tool market.
