The portable drilling machine market is projected to expand at a 5.33% CAGR, increasing from USD 4.857 billion in 2025 to USD 6.631 billion in 2031.
The portable drilling machine offers the convenience of being easily transported and utilized within any area of the workshop. Its purpose is to create holes in workpieces from various angles and positions, surpassing the limitations of a conventional fixed drilling machine. The portable drilling machine caters to the needs of a diverse range of professionals with its versatility and mobility, including woodworkers, electricians, plumbers, and industrial workers. The booming infrastructure development and construction projects play a pivotal role in driving the growth of the portable drilling machine industry.
Increasing construction projects bolster the portable drilling machine market growth.
The demand for portable drilling machines is closely linked to the need for drilling holes in various construction applications. These machines are essential tools for general construction activities. The rise in infrastructure development and construction projects coupled with population growth has boosted the demand for portable drilling machines substantially. According to the U.S. Census Bureau, In May 2023, the U.S. Census Bureau and the U.S. Department of Housing and Urban Development reported that building permits reached a seasonally adjusted annual rate of 1,491,000, while housing starts stood at 1,631,000, and housing completions reached 1,518,000. These numbers reflect a thriving industry with strong demand for construction projects.
Increasing electrician employment drives the portable drilling machine market expansion.
Portable drilling machines provide electricians with the flexibility and mobility required for drilling holes in various electrical installations, maintenance tasks, and construction projects. The growing usage of portable drilling machines by electricians is a key driver behind the expansion of the market and as the employment of electricians continues to rise, the demand for portable drilling machines increases as well. According to the U.S. Bureau of Labour Statistics, the number of electrician jobs in the United States experienced a significant rise and stood at a 7.1% increase for electrician employment between 2021 and 2031.. This upward trend reflects the rising demand for skilled electricians.
Rise in DIY culture drives portable drilling machine market growth.
The surge in demand for portable drilling machines among homeowners and hobbyists can be attributed to the growing popularity of the do-it-yourself (DIY) culture and the increasing number of home improvement activities. DIY enthusiasts are seeking to personalize their living spaces, enhance property value, and experience the satisfaction of completing projects on their own. Portable drilling machines have become favored tools in this movement due to their user-friendly nature, affordability, and widespread availability. These machines enable DIYers to efficiently drill holes for various purposes, such as hanging shelves, installing fixtures, or assembling furniture, while being accessible to individuals with varying levels of experience or technical skills.
Alternative technology availability will restrain the portable drilling machine industry's growth.
The growth of the portable drilling machine industry can be restrained by the availability of alternative technologies that cater to specific drilling requirements. Laser drilling, water jet cutting, and CNC machines are examples of such alternatives, which can offer higher efficiency and cost-effectiveness in certain applications. As these alternative methods provide viable options, there may be a reduced demand for portable drilling machines, impacting the market's growth. For instance, in January 2023, CERATIZIT unveiled an innovative waterjet nozzle portfolio, offering a range of benefits for cutting applications. This new portfolio ensures extremely smooth cut edges while minimizing thermal stress and the need for post-processing.
Asia-Pacific is expected to be the market leader.
Asia-Pacific is anticipated to dominate the portable drilling machine market owing to the region’s booming manufacturing sector, particularly in countries like China, India, and Japan which is contributing to the high demand for portable drilling machines. Moreover, the growing infrastructure development, construction projects, and rapid industrialization in Asia-Pacific further fuel the market's expansion. Additionally, initiatives promoting wooden furniture production, such as sustainable forestry practices and the rising popularity of eco-friendly designs, have created a substantial market for portable drilling machines in the region. For instance, In September 2022, the Indian government proposed a Production Linked Incentive (PLI) scheme to stimulate domestic manufacturing and enhance exports in the furniture industry.
CS Unitec, Inc.
ENERPAC
Robert Bosch GmbH
KYNKO INDUSTRIAL LIMITED
Festool GmbH
| Report Metric | Details |
|---|---|
| Study Period | 2021 to 2031 |
| Historical Data | 2021 to 2024 |
| Base Year | 2025 |
| Forecast Period | 2026 – 2031 |
| Companies |
|
Report Metric | Details |
Portable Drilling Machine Market Size in 2025 | USD 4.857 billion |
Portable Drilling Machine Market Size in 2030 | USD 6.344 billion |
Growth Rate | CAGR of 5.49% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in Portable Drilling Machine Market |
|
Customization Scope | Free report customization with purchase |
Portable Drilling Machine Market Segmentation
By Diameter
8-10mm
Above 10mm
By Substrate
Wood
Plastic
Metal
Concrete
By End-User
Woodworkers
Electricians
Plumbers
Industrial Workers
Others
By Geography
North America
USA
Canada
Mexico
South America
Brazil
Argentina
Others
Europe
Germany
France
United Kingdom
Spain
Others
Middle East and Africa
Saudi Arabia
UAE
Others
Asia Pacific
China
India
Japan
South Korea
Indonesia
Thailand
Others