The global DC Torque Tool market was valued at US$ 3047.1 million in 2022 and is projected to reach US$ 3402.5 million by 2029, at a CAGR of 1.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global DC Torque Tool market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Download FREE Sample of this Report @ https://www.statsmarketresearch.com/download-free-sample/7852218/global-dc-torque-tool-forecast-2023-2030-425
The China market for Global DC Torque Tool market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global DC Torque Tool market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The growth of the DC torque tool market is propelled by various factors such as the increasing sales of commercial and passenger vehicles, the adoption of Industry 4.0 accelerates the use of DC torque tools. Moreover, the advent of DC brushless motors and Li?ion batteries has helped the DC torque tool market to evolve.
This report aims to provide a comprehensive presentation of the global market for DC Torque Tool, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding DC Torque Tool.
This report contains market size and forecasts of DC Torque Tool in global, including the following market information:
- Global DC Torque Tool Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global DC Torque Tool Market Sales, 2018-2023, 2024-2030, (K Units)
- Global top five DC Torque Tool companies in 2022 (%)
The energy industry is expected to drive the growth of the DC torque tool market owing to the huge growth in the wind energy industry. According to the Global Wind Energy Council (GWEC), at the end of 2016, the worldwide total installed capacity of wind energy was 486,790 MW, which has grown about 12% from the previous year. Typically, the wind industry requirement for high torque fastening is fulfilled by pneumatic tools. However, the development of powerful tools and benefits such as quality control, ergonomics, and convenience offered by cordless power tools, especially in offshore wind installation, are some key factors driving the growth of the said market.
We surveyed the DC Torque Tool manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global DC Torque Tool Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global DC Torque Tool Market Segment Percentages, by Type, 2022 (%)
- Corded
- Cordless
Global DC Torque Tool Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global DC Torque Tool Market Segment Percentages, by Application, 2022 (%)
- Handheld Tools
- Fixtured Tools
Global DC Torque Tool Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global DC Torque Tool Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies DC Torque Tool revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies DC Torque Tool revenues share in global market, 2022 (%)
- Key companies DC Torque Tool sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies DC Torque Tool sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Atlas Copco AB
- Apex Tool Group, LLC
- Stanley Black & Decker
- Robert Bosch GmbH
- Ingersoll-Rand Plc
- Hilti Corporation
- Techtronic Industries Co. Ltd. (TTi)
- Uryu Seisaku, Ltd.
- Makita Corporation
- Gedore-Werkzeugfabrik GmbH & Co. KG
- Panasonic Corporation
- Hitachi Koki.
- ESTIC Corporation
Outline of Major Chapters:
Chapter 1: Introduces the definition of DC Torque Tool, market overview.
Chapter 2: Global DC Torque Tool market size in revenue and volume.
Chapter 3: Detailed analysis of DC Torque Tool manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of DC Torque Tool in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global DC Torque Tool capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
Get the Complete Report & TOC @ https://www.statsmarketresearch.com/global-dc-torque-tool-forecast-2023-2030-425-7852218
Table of content
1 Introduction to Research & Analysis Reports
1.1 DC Torque Tool Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global DC Torque Tool Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global DC Torque Tool Overall Market Size
2.1 Global DC Torque Tool Market Size: 2022 VS 2030
2.2 Global DC Torque Tool Revenue, Prospects & Forecasts: 2018-2030
2.3 Global DC Torque Tool Sales: 2018-2030
3 Company Landscape
3.1 Top DC Torque Tool Players in Global Market
3.2 Top Global DC Torque Tool Companies Ranked by Revenue
3.3 Global DC Torque Tool Revenue by Companies
3.4 Global DC Torque Tool Sales by Companies
3.5 Global DC Torque Tool Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 DC Torque Tool Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers DC Torque Tool Product Type
3.8 Tier 1, Tier 2 and Tier 3 DC Torque Tool Players in Global Market
3.8.1 List of Global Tier 1 DC Torque Tool Companies
3.8.2 List of Global Tier 2 and Tier 3 DC Torque Tool Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global DC Torque Tool Market Size Markets, 2022 & 2030
4.1.2 Corded
4.1.3 Cordless
Customize/Section/Part Purchase @ https://www.statsmarketresearch.com/chapters-purchase/7852218/global-dc-torque-tool-forecast-2023-2030-425
CONTACT US:
276 5th Avenue, New York, NY 10001, United States
International: +1(646)-781-7170 / +91 8087042414
Similar Reports:
Corded DC Torque Tool Market, Global Outlook and Forecast 2023-2030
Global Corded DC Torque Tool Market Research Report 2022
2022-2027 Global and Regional DC Torque Tool Industry Status and Prospects Professional Market Research Report Standard Version
Global and United States DC Torque Tool Market Report & Forecast 2022-2028