Power Shears Market
Power Shears Market
The market for Power Shears was estimated at $575.54 million in 2024; it is anticipated to increase to $807 million by 2030, with projections indicating growth to around $1.07 billion by 2035.
Global Power Shears Market Outlook
Revenue, 2024 (US$M)
Forecast, 2034 (US$B)
CAGR, 2024 - 2034
Market Key Insights
- The Power Shears market is projected to grow from $575.5 million in 2024 to $1.01 billion in 2034. This represents a CAGR of 5.8%, reflecting rising demand across Lawn Maintenance and Landscaping, Textile Industry and Manufacturing and Construction.
- DeWalt, Makita Corporation, Milwaukee Tool are among the leading players in this market, shaping its competitive landscape.
- U.S. and Germany are the top markets within the Power Shears market and are expected to observe the growth CAGR of 3.8% to 5.6% between 2024 and 2030.
- Emerging markets including Brazil, India and South Africa are expected to observe highest growth with CAGR ranging between 6.7% to 8.0%.
- Transition like Transition towards Ergonomics is expected to add $62.1 million to the Power Shears market growth by 2030
- The Power Shears market is set to add $436 million between 2024 and 2034, with manufacturer targeting Electric & Pneumatic Product Type projected to gain a larger market share.
- With Increasing demand in landscaping sector, and Technological advancements in power shears, Power Shears market to expand 76% between 2024 and 2034.
Opportunities in the Power Shears
Countries like India and Brazil hold potential for the growth of the Power Shears market due to their thriving construction and manufacturing industries. Businesses that customize their offerings to suit the demands of these expanding markets and prioritize aspects such, as affordability and longevity are poised to secure a competitive edge.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Increasing Demand in Landscaping Sector, and Growth of DIY Culture
Restraint: High Upfront Cost
Opportunity: Untapped Residential Usage and Green Energy Transition
Challenge: Technological Challenges
Supply Chain Landscape
Global Steel
Aluminium Corporation
Bosch Power Tools
DeWalt Industrial Tool Company
Makita Corporation
STIHL Holding
Home Depot
Lowe's
Global Steel
Aluminium Corporation
Bosch Power Tools
DeWalt Industrial Tool Company
Makita Corporation
STIHL Holding
Home Depot
Lowe's