After the development of lithium-ion cells in the 2000s, lithium-ion batteries have been recently used in the most cases. Lithium-ion cells has two times more energy density than nickel-cadmium cells so it can make them smaller, and they have longer lifetime which gives them stable performance despite frequent charging and discharging. Installed with lithium-ion battery, wireless power tools become more available and are actually being used more and more.
The top 3 companies had a combined market share of nearly 75% of the global total in 2018, and this trend is expected to continue during the forecast period.

Market Analysis and Insights: Global Li-Ion Battery for Power Tool Market
The global Li-Ion Battery for Power Tool market was valued at US$ 1746.7 million in 2020 and it is expected to reach US$ 2222.2 million by the end of 2027, growing at a CAGR of 3.5% during 2021-2027.

Global Li-Ion Battery for Power Tool Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Li-Ion Battery for Power Tool Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Capacity (mAh) 1300
Capacity (mAh) 1500
Capacity (mAh) 2000
Capacity (mAh) 2500
Others (2200 mAh, etc.)

Segment by Application
Cordless Drills/Drivers
Cordless Saws
Cordless Grinders
Cordless Rotary Hammers
Others

By Company
Samsung SDI
LG Chem
Murata
TenPower
Panasonic
Tianjin Lishen Battery
BYD
Johnson Matthey Battery Systems
Toshiba
ATL

Production by Region
North America
Europe
China
Japan
South Korea
Southeast Asia

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE