Milwaukee® EXACT™ 1/2" to 2" Hand Ratchet Knockout Set
Milwaukee® EXACT™ 1/2" to 2" Hand Ratchet Knockout Set
49-16-2694
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$497.23
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$497.23
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$373.86
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Milwaukee 49-16-2694 — EXACT™ 1/2"–2" Hand Ratchet Knockout Set
The Milwaukee 49-16-2694 is a hand-operated knockout punch kit used to cut clean holes in electrical enclosures and panels, typically for installing conduit fittings.
What it is
- Type: Manual knockout punch system
- Range: 1/2" to 2" conduit holes
- Material capability: Mild steel up to ~10 gauge (also stainless steel capable depending on setup)
- System: Milwaukee EXACT™ hand ratchet knockout system
This is an electrical trade tool, not a drill or cutting blade.
Key Features
- Punches clean conduit holes in electrical panels and enclosures
- Ratchet hand tool included for controlled punching
- Laser-engraved alignment marks for accurate hole positioning
- Slug removal ports help eject cut metal discs cleanly
- No spacers required (simplifies setup vs older systems)
- 5° ratcheting head angle for tighter work areas
- Designed for faster repetitive panel punching
What it’s used for
- Electrical panel work (main use case)
- Cutting conduit holes in:
- junction boxes
- breaker panels
- switchgear enclosures
- Commercial and industrial electrical installs
- HVAC / mechanical enclosure penetration work

Milwaukee® EXACT™ 1/2" to 2" Hand Ratchet Knockout Set
$497.23