Retailers cut the cord on low-voltage power tools: consumers want more power in cordless offerings

Customers are eager to buy cordless power tools with increased power and performance. While 7.2-volt tools had been common for home use, retailers are now offering more powerful tools. For example, Black and Decker offers 9.6-volt and 12-volt cordless units. However, the company also offers a line of 16 7.2-volt tools. The power tool market in the U.S. is worth $1.5 billion to $2 billion in annual sales.
NATIONWIDE DSN REPORT - Consumers have taken to the convenience and cachet of cordless tools in a big way and are enjoying a range of products for their various DIY [...]