Which is the best power tool brand? The following is a list of the top power tool brands ranked by a combination of revenue and brand value.
Rank | Power Tool Brand | Revenue (USD billions) | Headquarters |
1 | Bosch | 91.66 | Gerlingen, Germany |
2 | DeWalt | 5.37 | Towson, Maryland, USA |
3 | Makita | 2.19 | Anjo, Aichi, Japan |
4 | Milwaukee | 3.7 | Brookfield, Wisconsin, USA |
5 | Black & Decker | 11.41 | Towson, Maryland, USA |
6 | Hitachi | 90.6 | Tokyo, Japan |
7 | Craftsman | 0.2 | Chicago, Illinois, USA |
8 | Ryobi | 2.43 | Hiroshima, Japan |
9 | Stihl | 4.41 | Waiblingen, Germany |
10 | Techtronic Industries | 7.7 | Hong Kong |
1. Bosch
Which is the best power tool brand? Ranking number 1 on our list of the top power tool brands in the world in 2020 is Bosch. Bosch is a German multinational engineering and technology company headquartered in Gerlingen, near Stuttgart, Germany. Aside from power tools, Bosch’s core operating areas are spread across four business sectors: mobility (hardware and software), consumer goods (including household appliances and power tools), industrial technology (including drive and control), and energy and building technology. Bosch’s power tools division is a supplier of power tools, power tool accessories, and measuring technology. In addition to power tools such as hammer drills, cordless screwdrivers, and jigsaws, its extensive product portfolio also includes gardening equipment such as lawnmowers, hedge trimmers, and high-pressure cleaners. Last year Bosch generated USD 91.66 billion in revenues — making Bosch one of the best power tool brands in the world in 2020.
2. DeWalt
Ranking number 2 on BizVibe’s list of the top 10 tool brands in the world is DeWalt. DeWalt is an American worldwide manufacturer of power tools and hand tools for the construction, manufacturing, and woodworking industries. Currently headquartered in Towson, Maryland, DeWalt has over 13,000 employees with Stanley Black & Decker as its parent company. Popular DeWalt products include A DeWalt screw gun, used for countersinking drywall screws; a DeWalt circular saw; and many more. Last year DeWalt generated USD 5.37 billion — making it one of the top power tool brands in the world in 2020 by revenue.
3. Makita
Ranking 3rd on this list of the top 10 best power tool brands in the world is Makita. Makita is a Japanese manufacturer of power tools, founded in 1915. Makita operates in Brazil, China, Japan, Mexico, Romania, the United Kingdom, Germany, Dubai, Thailand, and the United States. Makita generated USD 2.9 billion in revenue last year — making it one of the largest power tool companies in the world in 2020. Makita specializes in cordless tools such as cordless screwdrivers, cordless impact wrenches, cordless rotary hammers drills, and cordless jigsaws. As well as offering various other tools such as battery saws, cordless angle grinders, cordless planers, cordless metal shears, battery-powered screwdrivers, and cordless slot mills. Makita power tools include classic tools such as drilling and stemming hammers, drills, planers, saws and cutting & angle grinders, gardening equipment (electric lawnmowers, high-pressure cleaners, blowers), and measuring tools (rangefinders, rotating lasers).
● Founded: 1915
● Makita Headquarters: Anjo, Aichi, Japan
● Makita Revenue: USD 2.19 billion
● Makita Number of Employees: 13,845
4. Milwaukee
Ranking 4th on this list of the top 10 power tool brands in the world in 2020 in Milwaukee. The Milwaukee Electric Tool Corporation is an American company that develops, manufactures, and markets power tools. Milwaukee is a brand and subsidiary of Techtronic Industries, a Chinese company, along with AEG, Ryobi, Hoover, Dirt Devil, and Vax. It produces corded and cordless power tools, hand tools, pliers, hand saws, cutters, screwdrivers, trims, knives, and tool combo kits. Last year Milwaukee generated USD 3.7 billion — making it one of the best power tool brands by revenue in the world.
● Founded: 1924
● Milwaukee Headquarters: Brookfield, Wisconsin, USA
● Milwaukee Revenue: USD 3.7 billion
● Milwaukee Number of Employees: 1,45
5. Black & Decker
Black &Decker ranks 5th on this list of the top power tool brands in the world in 2020. Black & Decker is an American manufacturer of power tools, accessories, hardware, home improvement products, and fastening systems headquartered in Towson, Maryland, north of Baltimore, where the company was originally established in 1910. Last year Black & Decker generated USD 11.41 billion — making it one of the top 10 tool brands in the world by revenue.
● Founded: 1910
● Black & Decker Headquarters: Towson, Maryland, USA
● Black & Decker Revenue: USD 11.41 billion
● Black & Decker Number of Employees: 27,000
Post time: Jan-06-2023