The global power tool industry is projected to reach a total value of $65.5 billion by 2027, growing at a CAGR of 8.9% during the forecast period in the process.
As this market grows, of course, it also becomes increasingly diverse, as new tools are developed for regular and highly skilled users and the technology behind these pieces of equipment becomes increasingly advanced.
Technologies That Are Enhancing Power Tools And Making Safer.
#1. Batteries
Improvements in battery tech are far-reaching across a huge range of applications, with advanced lithium-ion units constantly being upgraded to deliver lightweight but longer lasting products.
For example, sila nanotechnologies are gradually replacing the graphite anode that forms the bulk and approximately 15% of the weight in lithium-ion batteries, providing battery cells with between a 20% and 40% increase in energy density while delivering faster charging times.
Most of today’s cordless power tools use advanced lithium batteries, while Milwaukee nail guns also feature intuitive software that enable improved communication between battery units and tools.
#2. The Internet of Things (IoT)
Like most contemporary pieces of equipment, power tools are continuing to benefit from the integration of the so-called Internet of Things (IoT) into cordless platforms.
This has been aided by battery tech advancements of course, with the latest power tools able to capture real-time usage data and improve job productivity going forward.
The IoT also utilises sensors to help improve safety and minimise energy usage, in the latter case by automatically cutting off tools in order to optimise safety or when they’re no longer in use.
#3. Sustainability
Manufacturers across all industries and markets continue to increase their sustainability efforts, both from the perspective investment and how they develop their concepts.
The focus on new battery tech and materials has also unlocked a number of other advantages, as has the roll out of additional innovations such as ‘Senstech’.
This is specialised in the production and customisation of temperature sensors on power tools, helping to optimise safety by cutting power once a particular device is too hot.
In terms of ergonomic developments, DR power tool systems are designed to drive on-board dust reduction and largely synonymous with concrete drills that boast active torque control (ATC).
DR systems focus on safely collecting and containing concrete dust particles containing potentially harmful components like silica, while ATC automatically stops the rotation of a drill when the bit starts to bind on materials such as concrete.
#4. A Word on Brushless Motors
The advent of brushless motors has also helped power tools to evolve, as they eliminate frictional energy loss from the physical content between rushes and commutators.
Brushless motors also use intuitive and electronic control panels, which are interactive and can be leveraged to increase performance and optimise the longevity of each individual tool.
This has huge cost implications and can drive savings for power tools users, especially skilled tradespeople who rely on such equipment to make a living.
