As more people switch over to battery operated power tools, manufacturers will focus on making even better versions of these tools. They’re already developing solar panels that can charge the tool on the job site. Other improvements are being made to reduce power consumption. Whether you’re looking for a new drill or a drill press, battery operated power tools have many benefits. And they’re a great choice for green contractors.
In the past, battery power tools were largely restricted by the price of corded and manually operated hand tools. The booming construction industry in many developed countries has also impeded the growth of this market. But advances in the technology of rechargeable batteries are expected to drive growth. With so many advantages, battery powered power tools are a great choice for professionals and DIYers alike. Here are some of the pros and cons of battery-operated power tools:
The first benefit is convenience. With corded tools, workers need to wait for a power outlet, which can take time. With battery-operated power tools, they don’t have to worry about recharging, which can cause loss of work time. In addition, they won’t have the heft that corded power tools can offer at the end of a shift. If you need to charge your battery every day, the only option is a corded tool.
The second advantage is the reduced cost. Lithium-ion batteries have lower prices, which means that battery-operated power tools are more affordable than ever. In fact, the average price of a lithium-ion battery power tool in 2020 will be $137. With its low cost, battery power tools are becoming a great value for consumers. With these benefits, battery power tools are a great investment for any professional.
While corded tools are usually more affordable, battery-operated power tools are more efficient. They have more features and are generally more powerful. They last longer and are more durable. Depending on your needs, you may need to use a cordless tool only occasionally or in specific cases. If you’re doing a lot of repetitive jobs, battery-operated tools are a better choice. And if you’re doing a lot of heavy work, you’ll be able to work longer without having to worry about your battery dying.
The battery-operated power tools market is segmented by motor type, tool, and application. Industrial tools accounted for the largest share of the overall market, with more than three-fifths of the total market in 2020. The industrial segment is expected to continue to dominate the market in terms of revenue, but the DIY segment is expected to show the highest CAGR (7.3%) from 2021 to 2028. The main benefits of battery-operated power tools include the following:
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