Global Torque Wrench Market Size, Industry Analysis By Segmentations, Top Key Players, Trends, Future Development & Forecast 2024-2035
- PUBLISHED ON
- 9/1/2022
- NO OF PAGES
- 231
- CATEGORY
- Others
The Torque Wrench market report is a perfect foundation for people looking out for a comprehensive study and analysis of the Torque Wrench market. On the basis of historic growth analysis and current scenario of Torque Wrench market place, the report intends to offer actionable insights on global market growth projections. Authenticated data presented in report is based on findings of extensive primary and secondary research. Insights drawn from data serve as excellent tools that facilitate deeper understanding of multiple aspects of global Torque Wrench market. This further helps user with their developmental strategy.
This report examines all the key factors influencing growth of global Torque Wrench market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Torque Wrench market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Torque Wrench Market: Major Players
Plarad
Gedore Torque Ltd.
Hytorc
Craftsman
Armstrong
Primo Tools
SATA Tools
Norbar
Powermaster
Proto
TEKTON
TONE
Jinan Hanpu
FACOM
Mountz
Tohnichi
K-Tool
Atlas Copco
Park Tool
Enerpac
Precision Instruments
Snap-on (CDI)
Global Torque Wrench Market: Types
Electronic Torque Wrenches
Pneumatic Torque Wrench
Manual Torque Wrench
Global Torque Wrench Market: Applications
Automotive
Engineering & Construction
Shipping & Aerospace
Others
Global Torque Wrench Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Torque Wrench market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Points:
Define, describe and forecast Torque Wrench product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Base Year: 2023This report examines all the key factors influencing growth of global Torque Wrench market, including demand-supply scenario, pricing structure, profit margins, production and value chain analysis. Regional assessment of global Torque Wrench market unlocks a plethora of untapped opportunities in regional and domestic market places. Detailed company profiling enables users to evaluate company shares analysis, emerging product lines, scope of NPD in new markets, pricing strategies, innovation possibilities and much more.
Global Torque Wrench Market: Major Players
Plarad
Gedore Torque Ltd.
Hytorc
Craftsman
Armstrong
Primo Tools
SATA Tools
Norbar
Powermaster
Proto
TEKTON
TONE
Jinan Hanpu
FACOM
Mountz
Tohnichi
K-Tool
Atlas Copco
Park Tool
Enerpac
Precision Instruments
Snap-on (CDI)
Global Torque Wrench Market: Types
Electronic Torque Wrenches
Pneumatic Torque Wrench
Manual Torque Wrench
Global Torque Wrench Market: Applications
Automotive
Engineering & Construction
Shipping & Aerospace
Others
Global Torque Wrench Market: Regional Analysis
All the regional segmentation has been studied based on recent and future trends, and the market is forecasted throughout the prediction period. The countries covered in the regional analysis of the Global Torque Wrench market report are U.S., Canada, and Mexico in North America, Germany, France, U.K., Russia, Italy, Spain, Turkey, Netherlands, Switzerland, Belgium, and Rest of Europe in Europe, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, China, Japan, India, South Korea, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), and Argentina, Brazil, and Rest of South America as part of South America.
Key Points:
Define, describe and forecast Torque Wrench product market by type, application, end user and region.
Provide enterprise external environment analysis and PEST analysis.
Provide strategies for company to deal with the impact of COVID-19.
Provide market dynamic analysis, including market driving factors, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
Analyze the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.
Years considered for this report:
Historical Years: 2016-2021
Base Year: 2021
Estimated Year: 2022
Forecast Period: 2022-2030
Historic Year: 2016-2022
Forecast: 2024-2035
1 Torque Wrench Market Definition and Overview
1.1 Objectives of the Study
1.2 Overview of Torque Wrench
1.3 Torque Wrench Market Scope and Market Size Estimation
1.4 Market Segmentation
1.4.1 Types of Torque Wrench
1.4.2 Applications of Torque Wrench
1.5 Market Exchange Rate
2 Research Method and Logic
2.1 Methodology
2.2 Research Data Source
3 Market Competition Analysis
3.1 Plarad Market Performance Analysis
3.1.1 Plarad Basic Information
3.1.2 Product and Service Analysis
3.1.3 Strategies for Company to Deal with the Impact of COVID-19
3.1.4 Plarad Sales, Value, Price, Gross Margin 2016-2021
3.2 Gedore Torque Ltd. Market Performance Analysis
3.2.1 Gedore Torque Ltd. Basic Information
3.2.2 Product and Service Analysis
3.2.3 Strategies for Company to Deal with the Impact of COVID-19
3.2.4 Gedore Torque Ltd. Sales, Value, Price, Gross Margin 2016-2021
3.3 Hytorc Market Performance Analysis
3.3.1 Hytorc Basic Information
3.3.2 Product and Service Analysis
3.3.3 Strategies for Company to Deal with the Impact of COVID-19
3.3.4 Hytorc Sales, Value, Price, Gross Margin 2016-2021
3.4 Craftsman Market Performance Analysis
3.4.1 Craftsman Basic Information
3.4.2 Product and Service Analysis
3.4.3 Strategies for Company to Deal with the Impact of COVID-19
3.4.4 Craftsman Sales, Value, Price, Gross Margin 2016-2021
3.5 Armstrong Market Performance Analysis
3.5.1 Armstrong Basic Information
3.5.2 Product and Service Analysis
3.5.3 Strategies for Company to Deal with the Impact of COVID-19
3.5.4 Armstrong Sales, Value, Price, Gross Margin 2016-2021
3.6 Primo Tools Market Performance Analysis
3.6.1 Primo Tools Basic Information
3.6.2 Product and Service Analysis
3.6.3 Strategies for Company to Deal with the Impact of COVID-19
3.6.4 Primo Tools Sales, Value, Price, Gross Margin 2016-2021
3.7 SATA Tools Market Performance Analysis
3.7.1 SATA Tools Basic Information
3.7.2 Product and Service Analysis
3.7.3 Strategies for Company to Deal with the Impact of COVID-19
3.7.4 SATA Tools Sales, Value, Price, Gross Margin 2016-2021
3.8 Norbar Market Performance Analysis
3.8.1 Norbar Basic Information
3.8.2 Product and Service Analysis
3.8.3 Strategies for Company to Deal with the Impact of COVID-19
3.8.4 Norbar Sales, Value, Price, Gross Margin 2016-2021
3.9 Powermaster Market Performance Analysis
3.9.1 Powermaster Basic Information
3.9.2 Product and Service Analysis
3.9.3 Strategies for Company to Deal with the Impact of COVID-19
3.9.4 Powermaster Sales, Value, Price, Gross Margin 2016-2021
3.10 Proto Market Performance Analysis
3.10.1 Proto Basic Information
3.10.2 Product and Service Analysis
3.10.3 Strategies for Company to Deal with the Impact of COVID-19
3.10.4 Proto Sales, Value, Price, Gross Margin 2016-2021
3.11 TEKTON Market Performance Analysis
3.11.1 TEKTON Basic Information
3.11.2 Product and Service Analysis
3.11.3 Strategies for Company to Deal with the Impact of COVID-19
3.11.4 TEKTON Sales, Value, Price, Gross Margin 2016-2021
3.12 TONE Market Performance Analysis
3.12.1 TONE Basic Information
3.12.2 Product and Service Analysis
3.12.3 Strategies for Company to Deal with the Impact of COVID-19
3.12.4 TONE Sales, Value, Price, Gross Margin 2016-2021
3.13 Jinan Hanpu Market Performance Analysis
3.13.1 Jinan Hanpu Basic Information
3.13.2 Product and Service Analysis
3.13.3 Strategies for Company to Deal with the Impact of COVID-19
3.13.4 Jinan Hanpu Sales, Value, Price, Gross Margin 2016-2021
3.14 FACOM Market Performance Analysis
3.14.1 FACOM Basic Information
3.14.2 Product and Service Analysis
3.14.3 Strategies for Company to Deal with the Impact of COVID-19
3.14.4 FACOM Sales, Value, Price, Gross Margin 2016-2021
3.15 Mountz Market Performance Analysis
3.15.1 Mountz Basic Information
3.15.2 Product and Service Analysis
3.15.3 Strategies for Company to Deal with the Impact of COVID-19
3.15.4 Mountz Sales, Value, Price, Gross Margin 2016-2021
3.16 Tohnichi Market Performance Analysis
3.16.1 Tohnichi Basic Information
3.16.2 Product and Service Analysis
3.16.3 Strategies for Company to Deal with the Impact of COVID-19
3.16.4 Tohnichi Sales, Value, Price, Gross Margin 2016-2021
3.17 K-Tool Market Performance Analysis
3.17.1 K-Tool Basic Information
3.17.2 Product and Service Analysis
3.17.3 Strategies for Company to Deal with the Impact of COVID-19
3.17.4 K-Tool Sales, Value, Price, Gross Margin 2016-2021
3.18 Atlas Copco Market Performance Analysis
3.18.1 Atlas Copco Basic Information
3.18.2 Product and Service Analysis
3.18.3 Strategies for Company to Deal with the Impact of COVID-19
3.18.4 Atlas Copco Sales, Value, Price, Gross Margin 2016-2021
3.19 Park Tool Market Performance Analysis
3.19.1 Park Tool Basic Information
3.19.2 Product and Service Analysis
3.19.3 Strategies for Company to Deal with the Impact of COVID-19
3.19.4 Park Tool Sales, Value, Price, Gross Margin 2016-2021
3.20 Enerpac Market Performance Analysis
3.20.1 Enerpac Basic Information
3.20.2 Product and Service Analysis
3.20.3 Strategies for Company to Deal with the Impact of COVID-19
3.20.4 Enerpac Sales, Value, Price, Gross Margin 2016-2021
3.21 Precision Instruments Market Performance Analysis
3.21.1 Precision Instruments Basic Information
3.21.2 Product and Service Analysis
3.21.3 Strategies for Company to Deal with the Impact of COVID-19
3.21.4 Precision Instruments Sales, Value, Price, Gross Margin 2016-2021
3.22 Snap-on (CDI) Market Performance Analysis
3.22.1 Snap-on (CDI) Basic Information
3.22.2 Product and Service Analysis
3.22.3 Strategies for Company to Deal with the Impact of COVID-19
3.22.4 Snap-on (CDI) Sales, Value, Price, Gross Margin 2016-2021
4 Market Segment by Type, Historical Data and Market Forecasts
4.1 Global Torque Wrench Production and Value by Type
4.1.1 Global Torque Wrench Production by Type 2016-2021
4.1.2 Global Torque Wrench Market Value by Type 2016-2021
4.2 Global Torque Wrench Market Production, Value and Growth Rate by Type 2016-2021
4.2.1 Electronic Torque Wrenches Market Production, Value and Growth Rate
4.2.2 Pneumatic Torque Wrench Market Production, Value and Growth Rate
4.2.3 Manual Torque Wrench Market Production, Value and Growth Rate
4.3 Global Torque Wrench Production and Value Forecast by Type
4.3.1 Global Torque Wrench Production Forecast by Type 2021-2026
4.3.2 Global Torque Wrench Market Value Forecast by Type 2021-2026
4.4 Global Torque Wrench Market Production, Value and Growth Rate by Type Forecast 2021-2026
4.4.1 Electronic Torque Wrenches Market Production, Value and Growth Rate Forecast
4.4.2 Pneumatic Torque Wrench Market Production, Value and Growth Rate Forecast
4.4.3 Manual Torque Wrench Market Production, Value and Growth Rate Forecast
5 Market Segment by Application, Historical Data and Market Forecasts
5.1 Global Torque Wrench Consumption and Value by Application
5.1.1 Global Torque Wrench Consumption by Application 2016-2021
5.1.2 Global Torque Wrench Market Value by Application 2016-2021
5.2 Global Torque Wrench Market Consumption, Value and Growth Rate by Application 2016-2021
5.2.1 Automotive Market Consumption, Value and Growth Rate
5.2.2 Engineering & Construction Market Consumption, Value and Growth Rate
5.2.3 Shipping & Aerospace Market Consumption, Value and Growth Rate
5.2.4 Others Market Consumption, Value and Growth Rate
5.3 Global Torque Wrench Consumption and Value Forecast by Application
5.3.1 Global Torque Wrench Consumption Forecast by Application 2021-2026
5.3.2 Global Torque Wrench Market Value Forecast by Application 2021-2026
5.4 Global Torque Wrench Market Consumption, Value and Growth Rate by Application Forecast 2021-2026
5.4.1 Automotive Market Consumption, Value and Growth Rate Forecast
5.4.2 Engineering & Construction Market Consumption, Value and Growth Rate Forecast
5.4.3 Shipping & Aerospace Market Consumption, Value and Growth Rate Forecast
5.4.4 Others Market Consumption, Value and Growth Rate Forecast
6 Global Torque Wrench by Region, Historical Data and Market Forecasts
6.1 Global Torque Wrench Sales by Region 2016-2021
6.2 Global Torque Wrench Market Value by Region 2016-2021
6.3 Global Torque Wrench Market Sales, Value and Growth Rate by Region 2016-2021
6.3.1 North America
6.3.2 Europe
6.3.3 Asia Pacific
6.3.4 South America
6.3.5 Middle East and Africa
6.4 Global Torque Wrench Sales Forecast by Region 2021-2026
6.5 Global Torque Wrench Market Value Forecast by Region 2021-2026
6.6 Global Torque Wrench Market Sales, Value and Growth Rate Forecast by Region 2021-2026
6.6.1 North America
6.6.2 Europe
6.6.3 Asia Pacific
6.6.4 South America
6.6.5 Middle East and Africa
7 United State Market Size Analysis 2016-2026
7.1 United State Torque Wrench Value and Market Growth 2016-2021
7.2 United State Torque Wrench Sales and Market Growth 2016-2021
7.3 United State Torque Wrench Market Value Forecast 2021-2026
8 Canada Market Size Analysis 2016-2026
8.1 Canada Torque Wrench Value and Market Growth 2016-2021
8.2 Canada Torque Wrench Sales and Market Growth 2016-2021
8.3 Canada Torque Wrench Market Value Forecast 2021-2026
9 Germany Market Size Analysis 2016-2026
9.1 Germany Torque Wrench Value and Market Growth 2016-2021
9.2 Germany Torque Wrench Sales and Market Growth 2016-2021
9.3 Germany Torque Wrench Market Value Forecast 2021-2026
10 UK Market Size Analysis 2016-2026
10.1 UK Torque Wrench Value and Market Growth 2016-2021
10.2 UK Torque Wrench Sales and Market Growth 2016-2021
10.3 UK Torque Wrench Market Value Forecast 2021-2026
11 France Market Size Analysis 2016-2026
11.1 France Torque Wrench Value and Market Growth 2016-2021
11.2 France Torque Wrench Sales and Market Growth 2016-2021
11.3 France Torque Wrench Market Value Forecast 2021-2026
12 Italy Market Size Analysis 2016-2026
12.1 Italy Torque Wrench Value and Market Growth 2016-2021
12.2 Italy Torque Wrench Sales and Market Growth 2016-2021
12.3 Italy Torque Wrench Market Value Forecast 2021-2026
13 Spain Market Size Analysis 2016-2026
13.1 Spain Torque Wrench Value and Market Growth 2016-2021
13.2 Spain Torque Wrench Sales and Market Growth 2016-2021
13.3 Spain Torque Wrench Market Value Forecast 2021-2026
14 Russia Market Size Analysis 2016-2026
14.1 Russia Torque Wrench Value and Market Growth 2016-2021
14.2 Russia Torque Wrench Sales and Market Growth 2016-2021
14.3 Russia Torque Wrench Market Value Forecast 2021-2026
15 China Market Size Analysis 2016-2026
15.1 China Torque Wrench Value and Market Growth 2016-2021
15.2 China Torque Wrench Sales and Market Growth 2016-2021
15.3 China Torque Wrench Market Value Forecast 2021-2026
16 Japan Market Size Analysis 2016-2026
16.1 Japan Torque Wrench Value and Market Growth 2016-2021
16.2 Japan Torque Wrench Sales and Market Growth 2016-2021
16.3 Japan Torque Wrench Market Value Forecast 2021-2026
17 South Korea Market Size Analysis 2016-2026
17.1 South Korea Torque Wrench Value and Market Growth 2016-2021
17.2 South Korea Torque Wrench Sales and Market Growth 2016-2021
17.3 South Korea Torque Wrench Market Value Forecast 2021-2026
18 Australia Market Size Analysis 2016-2026
18.1 Australia Torque Wrench Value and Market Growth 2016-2021
18.2 Australia Torque Wrench Sales and Market Growth 2016-2021
18.3 Australia Torque Wrench Market Value Forecast 2021-2026
19 Thailand Market Size Analysis 2016-2026
19.1 Thailand Torque Wrench Value and Market Growth 2016-2021
19.2 Thailand Torque Wrench Sales and Market Growth 2016-2021
19.3 Thailand Torque Wrench Market Value Forecast 2021-2026
20 Brazil Market Size Analysis 2016-2026
20.1 Brazil Torque Wrench Value and Market Growth 2016-2021
20.2 Brazil Torque Wrench Sales and Market Growth 2016-2021
20.3 Brazil Torque Wrench Market Value Forecast 2021-2026
21 Argentina Market Size Analysis 2016-2026
21.1 Argentina Torque Wrench Value and Market Growth 2016-2021
21.2 Argentina Torque Wrench Sales and Market Growth 2016-2021
21.3 Argentina Torque Wrench Market Value Forecast 2021-2026
22 Chile Market Size Analysis 2016-2026
22.1 Chile Torque Wrench Value and Market Growth 2016-2021
22.2 Chile Torque Wrench Sales and Market Growth 2016-2021
22.3 Chile Torque Wrench Market Value Forecast 2021-2026
23 South Africa Market Size Analysis 2016-2026
23.1 South Africa Torque Wrench Value and Market Growth 2016-2021
23.2 South Africa Torque Wrench Sales and Market Growth 2016-2021
23.3 South Africa Torque Wrench Market Value Forecast 2021-2026
24 Egypt Market Size Analysis 2016-2026
24.1 Egypt Torque Wrench Value and Market Growth 2016-2021
24.2 Egypt Torque Wrench Sales and Market Growth 2016-2021
24.3 Egypt Torque Wrench Market Value Forecast 2021-2026
25 UAE Market Size Analysis 2016-2026
25.1 UAE Torque Wrench Value and Market Growth 2016-2021
25.2 UAE Torque Wrench Sales and Market Growth 2016-2021
25.3 UAE Torque Wrench Market Value Forecast 2021-2026
26 Saudi Arabia Market Size Analysis 2016-2026
26.1 Saudi Arabia Torque Wrench Value and Market Growth 2016-2021
26.2 Saudi Arabia Torque Wrench Sales and Market Growth 2016-2021
26.3 Saudi Arabia Torque Wrench Market Value Forecast 2021-2026
27 Market Dynamic Analysis and Development Suggestions
27.1 Market Drivers
27.2 Market Development Constraints
27.3 PEST Analysis
27.3.1 Political Factors
27.3.2 Economic Factors
27.3.3 Social Factors
27.3.4 Technological Factors
27.4 Industry Trends Under COVID-19
27.4.1 Risk Assessment on COVID-19
27.4.2 Assessment of the Overall Impact of COVID-19 on the Industry
27.4.3 Pre COVID-19 and Post COVID-19 Market Scenario
27.5 Market Entry Strategy Analysis
27.5.1 Market Definition
27.5.2 Client
27.5.3 Distribution Model
27.5.4 Product Messaging and Positioning
27.5.5 Price
27.6 Advice on Entering the Market
Quality Assurance Process
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We Market Research senior executive is assigned to each consulting engagement and works closely with the project team to deliver as per the clients expectations.
Market Research Process
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To mitigate risks that can impact project success, we deploy the follow project delivery best practices:
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Case Study- Automotive Sector
One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).
Solution
The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research
The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.
Market Estimates and Forecast
In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.
Case Study- ICT Sector
Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.
Business Solution
An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.
Conclusion
The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.
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