Press release
Global DC Torque Tool Market Insights, Growing at a CAGR of 3.1% during the forecast period 2025
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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 Liion batteries has helped the DC torque tool market to evolve.
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.
The DC Torque Tool market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of 3.1% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for DC Torque Tool.
This report presents the worldwide DC Torque Tool market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Atlas Copco AB
Apex Tool Group, LLC
Stanley Black & Decker, Inc.
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 Co., Ltd.
ESTIC Corporation
DC Torque Tool Breakdown Data by Type
Corded
Cordless
DC Torque Tool Breakdown Data by Application
Handheld Tools
Fixtured Tools
DC Torque Tool Production by Region
United States
Europe
China
Japan
Other Regions
DC Torque Tool Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
View Full Report with TOC@ https://www.marketresearchhub.com/report/global-dc-torque-tool-market-insights-forecast-to-2025-report.html
Table of Contents
1 Study Coverage
1.1 DC Torque Tool Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global DC Torque Tool Market Size Growth Rate by Type
1.4.2 Corded
1.4.3 Cordless
1.5 Market by Application
1.5.1 Global DC Torque Tool Market Size Growth Rate by Application
1.5.2 Handheld Tools
1.5.3 Fixtured Tools
1.6 Study Objectives
1.7 Years Considered
2 Executive Summary
2.1 Global DC Torque Tool Market Size
2.1.1 Global DC Torque Tool Revenue 2014-2025
2.1.2 Global DC Torque Tool Production 2014-2025
2.2 DC Torque Tool Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
2.3.2 Key DC Torque Tool Manufacturers
2.3.2.1 DC Torque Tool Manufacturing Base Distribution, Headquarters
2.3.2.2 Manufacturers DC Torque Tool Product Offered
2.3.2.3 Date of Manufacturers Enter into DC Torque Tool Market
2.4 Key Trends for DC Torque Tool Markets & Products
Continued…………@@
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