They'd make higher voltage tools if they could easily make higher voltage battery cells.
3-10 18650 battery cells work pretty well for most handheld tools.
I'm no battery engineer or anything, but from what I understand, if you make a battery much smaller than an 18650 cell, you get less power density and its harder to draw a reasonable amount of current from the cell. Pretty true for most battery chemistries as far as I understand.
If you put 20 tiny battery cells to make 80v or whatever, but you have half the capacity of a 5 cell 18650 battery of the same overall size, then you're still at a disadvantage, even if you can theoretically make a more efficient tool with the higher voltage.
I'm pretty impressed with what they can do with 18V brushless motors. Most of the major brands have an 18V circular saw that's pretty darn near as powerful as a 12amp corded one, not to mention stuff like the 36V or 60V tools. When you can achieve those kind of results with 18V, its hard to justify going to higher voltages with bigger batteries.
Maybe in the future they'll have some new battery type that can be a smaller form factor, or have a higher cell voltage or something, but for now, li-ion batteries and tools are so impressive, its kind of hard to argue that we need to radically improve them.