There’s no denying that the power tools industry is big business. In fact, forecasts suggest that the market could be worth almost $50 billion by 2027. Every successful tradesperson will have a vast and varied selection of power tools, all of which have a different function and allow the job to be completed more quickly, accurately and efficiently.
Technological developments have revolutionised the modern business world – from electric cars to mobile devices and everything in between – and the construction sector is certainly no different in being carried along by this rapid rate of progression. But what does the future of power tools look like? Here are a few predictions that we expect to see over the next decade or so.
The cordless revolution
Both cordless and corded tools offer their own pros and cons, but it’s the former that look set to dominate the trade over the coming years. They provide greater flexibility, reduce hazards and in some cases are even being developed to match the power output of their corded counterparts. With a greater focus on our energy usage and its direct effect on climate change, expect to see a greater prevalence of cordless tools on the market.
As mentioned above, there is now a concerted push to protect our environment, with the UK government attempting to do its bit by passing a net zero emissions law. Businesses across all sectors will need to review their practices, which for the construction industry means developing power tools that either reduce or eradicate greenhouse gas emissions.
We are also seeing the emergence of smart technology in the industry, which will only become more influential over the coming years. Tech is now available which allows you to keep an inventory of your power tools and accessories as well as monitor their performance through Bluetooth and apps. This means you’ll be better placed to keep your tools secure and be able to identify those that may soon need replacing.
We’ve already stated that cordless tools are set to dominate the market, which means that the technology needs to be able to keep up. Battery-powered equipment is becoming more efficient all the time, as reduced charging times and greater longevity combine for the ideal mix. If progress in that area continues to be made, tradespeople will be able to get the job done with increasing efficiency, which means reduced project timeframes and happier customers.