Rotary Power Tool Market Projected to Reach $0.85 Billion by 2032

The global market for rotary power tools is projected to expand from $0.62 billion in 2026 to $0.85 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 5.3%, according to a report by MarketsandMarkets.

Market growth is primarily driven by increasing demand for versatile and multifunctional tools across professional and DIY applications. The use of rotary tools and oscillating multi-tools is rising in sectors such as construction, renovation, maintenance, woodworking, and home improvement. Advances in battery technology and a growing preference for cordless, portable solutions are also contributing to market expansion.

The professional user segment is expected to register the highest CAGR during the forecast period, at 6.5%. Additionally, the e-commerce distribution channel is anticipated to grow the fastest, with a CAGR of 6.9%. North America is expected to maintain its position as the largest regional market.

While cordless tools gain traction, the report indicates that the corded segment is expected to hold a significant market share. These tools provide consistent power output, making them suitable for extended tasks in professional and workshop settings where continuous operation is critical.