Torque tools,which includes torque screwdrivers,torque wrenches and torque multipliers and torque meters.
LPI (LP Information)’ newest research report, the “Torque tools Industry Forecast” looks at past sales and reviews total world Torque tools sales in 2022, providing a comprehensive analysis by region and market sector of projected Torque tools sales for 2023 through 2029. With Torque tools sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Torque tools industry.
This Insight Report provides a comprehensive analysis of the global Torque tools landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Torque tools portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Torque tools market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Torque tools and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Torque tools.
The global Torque tools market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Torque tools is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Torque tools is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Torque tools is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Torque tools players cover Facom, Proto, Stahlwille, Tohnichi, King Tony and Gedore, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Torque tools market by product type, application, key manufacturers and key regions and countries.
Top Manufactures in Global Torque tools Includes:
Facom
Proto
Stahlwille
Tohnichi
King Tony
Gedore
Market Segment by Type, covers:
Adjustable Click
Preset Click
Electronic Torque
Torque Testers
Screwdriver Torque
Dial Torque
Torque Multipliers
Interchangeable Heads
Market Segment by Applications, can be divided into:
Aviation & Aerospace
Oil & Gas
Power Generation
Automotive–Manufacturing
Automotive–Repair & Aftermarket
Heavy Duty Equipment & Engines
Key Questions Addressed in this Report
What is the 10-year outlook for the global Torque tools market?
What factors are driving Torque tools market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Torque tools market opportunities vary by end market size?
How does Torque tools break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
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