Global Torque Wrenches Market 2018-2022 - Product Image

Global Torque Wrenches Market 2018-2022

  • ID: 4460793
  • Report
  • Region: Global
  • 159 pages
  • TechNavio
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FEATURED COMPANIES

  • Actuant
  • Apex Tool Group
  • Atlas Copco
  • Snap-on
  • Stanley Black & Decker
  • TOHNICHI Mfg
  • MORE
About Torque Wrenches

A torque wrench is a fastening or bolting tool used to apply an appropriate amount of torque or limit the amount of torque that is applied on the fastener, to prevent excess or under-tightening.
The analysts forecast the global torque wrenches market to grow at a CAGR of 4.69% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the global torque wrenches market for 2018-2022. To calculate the market size, the report considers the trade and sales of torque wrenches.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Torque Wrenches Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Actuant
  • Apex Tool Group
  • Atlas Copco
  • Snap-on
  • Stanley Black & Decker
  • TOHNICHI Mfg.
Market drivers
  • Growing automotive industry
  • For a full, detailed list, view the full report
Market challenges
  • Volatility in raw material prices and rising labor costs
  • For a full, detailed list, view the full report
Market trends
  • Product innovations
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
2 of 5

FEATURED COMPANIES

  • Actuant
  • Apex Tool Group
  • Atlas Copco
  • Snap-on
  • Stanley Black & Decker
  • TOHNICHI Mfg
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 05: MARKET SIZING
  • Market definition
  • Market sizing 2017
  • Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 07: MARKET SEGMENTATION BY PRODUCT
  • Segmentation by product
  • Comparison by product
  • Manual torque wrenches – Market size and forecast 2017-2022
  • Powered torque wrenches – Market size and forecast 2017-2022
  • Market opportunity by product
PART 08: CUSTOMER LANDSCAPE

PART 09: MARKET SEGMENTATION BY END-USER
  • Segmentation by end-user
  • Comparison by end-user
  • General industry – Market size and forecast 2017-2022
  • Automotive – Market size and forecast 2017-2022
  • Construction – Market size and forecast 2017-2022
  • Aerospace – Market size and forecast 2017-2022
  • Market opportunity by end-user
PART 10: REGIONAL LANDSCAPE
  • Geographical segmentation
  • Regional comparison
  • APAC – Market size and forecast 2017-2022
  • Americas – Market size and forecast 2017-2022
  • EMEA – Market size and forecast 2017-2022
  • Key leading countries
  • Market opportunity
PART 11: DECISION FRAMEWORK

PART 12: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 13: MARKET TRENDS
  • Product innovations
  • Growing adoption of cordless torque wrench
  • Li-ion batteries replacing Ni-Cd batteries in cordless tools
PART 14: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 15: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Actuant
  • Apex Tool Group
  • Atlas Copco
  • Snap-on
  • Stanley Black & Decker
  • TOHNICHI Mfg.
PART 16: APPENDIX
  • List of abbreviations
List of Exhibits
Exhibit 01: Parent market
Exhibit 02: Global torque wrenches market 2018-2022: snapshot
Exhibit 03: Global torque wrenches market by end-user
Exhibit 04: Global torque wrenches market by product
Exhibit 05: Global torque wrenches market by geography
Exhibit 06: Global hand tools, power tools, and accessories market
Exhibit 07: Market characteristics
Exhibit 08: Market segments
Exhibit 09: Market definition - Inclusions and exclusions checklist
Exhibit 10: Market size 2017
Exhibit 11: Validation techniques employed for market sizing 2017
Exhibit 12: Global torque wrenches market – Market size and forecast 2017-2022 ($ mn)
Exhibit 13: Global – Year over year growth 2018-2022 (%)
Exhibit 14: Five forces analysis 2017
Exhibit 15: Five forces analysis 2022
Exhibit 16: Bargaining power of buyers
Exhibit 17: Bargaining power of suppliers
Exhibit 18: Threat of new entrants
Exhibit 19: Threat of substitutes
Exhibit 20: Threat of rivalry
Exhibit 21: Market condition - Five forces 2017
Exhibit 22: Product – Market share 2017-2022 (%)
Exhibit 23: Comparison by product
Exhibit 24: Manual torque wrenches – Market size and forecast 2017-2022 ($ mn)
Exhibit 25: Manual torque wrenches – Year over year growth 2018-2022 (%)
Exhibit 26: Powered torque wrenches – Market size and forecast 2017-2022 ($ mn)
Exhibit 27: Powered torque wrenches – Year over year growth 2018-2022 (%)
Exhibit 28: Market opportunity by product
Exhibit 29: Customer landscape
Exhibit 30: End-user – Market share 2017-2022 (%)
Exhibit 31: Comparison by end-user
Exhibit 32: General industry – Market size and forecast 2017-2022 ($ mn)
Exhibit 33: General industry – Year over year growth 2018-2022 (%)
Exhibit 34: Automotive – Market size and forecast 2017-2022 ($ mn)
Exhibit 35: Global automobile production stats and forecast 2012-2021 (units, in millions)
Exhibit 36: Automotive – Year over year growth 2018-2022 (%)
Exhibit 37: Construction – Market size and forecast 2017-2022 ($ mn)
Exhibit 38: Construction – Year over year growth 2018-2022 (%)
Exhibit 39: Aerospace – Market size and forecast 2017-2022 ($ mn)
Exhibit 40: Aerospace – Year over year growth 2018-2022 (%)
Exhibit 41: Market opportunity by end-user
Exhibit 42: Global torque wrenches market – Market share by geography 2017-2022 (%)
Exhibit 43: Regional comparison
Exhibit 44: APAC – Market size and forecast 2017-2022 ($ mn)
Exhibit 45: APAC – Year over year growth 2018-2022 (%)
Exhibit 46: Americas – Market size and forecast 2017-2022 ($ mn)
Exhibit 47: Americas – Year over year growth 2018-2022 (%)
Exhibit 48: EMEA – Market size and forecast 2017-2022 ($ mn)
Exhibit 49: EMEA – Year over year growth 2018-2022 (%)
Exhibit 50: Key leading countries
Exhibit 51: Market opportunity
Exhibit 52: Cumulative automotive sales growth and production growth (2011-2016)
Exhibit 53: Electric vehicle sales January 2016 and 2017 (units)
Exhibit 54: New private residential constructions in US 2011-2016 (units, in thousands)
Exhibit 55: Global electricity generation by region 2010-2016 (TWh)
Exhibit 56: Region-wise rig count (2016-2017)
Exhibit 57: Cumulative growth in raw material prices (June '16-Mar '17)
Exhibit 58: Factors affecting economic slowdown in China
Exhibit 59: Comparison between Li-Ion and Ni-Cd batteries
Exhibit 60: Vendor landscape
Exhibit 61: Landscape disruption
Exhibit 62: Vendors covered
Exhibit 63: Vendor Classification
Exhibit 64: Market positioning of vendors
Exhibit 65: Vendor overview
Exhibit 66: Actuant – Business segments
Exhibit 67: Actuant – Organizational developments
Exhibit 68: Actuant – Geographic focus
Exhibit 69: Actuant – Segment focus
Exhibit 70: Actuant – Key offerings
Exhibit 71: Actuant – Key customers
Exhibit 72: Vendor overview
Exhibit 73: Apex Tool Group – Business segments
Exhibit 74: Apex Tool Group – Organizational developments
Exhibit 75: Apex Tool Group – Geographic focus
Exhibit 76: Apex Tool Group – Segment focus
Exhibit 77: Apex Tool Group – Key offerings
Exhibit 78: Apex Tool Group – Key customers
Exhibit 79: Vendor overview
Exhibit 80: Atlas Copco – Business segments
Exhibit 81: Atlas Copco – Organizational developments
Exhibit 82: Atlas Copco – Geographic focus
Exhibit 83: Atlas Copco – Segment focus
Exhibit 84: Atlas Copco – Key offerings
Exhibit 85: Atlas Copco – Key customers
Exhibit 86: Vendor overview
Exhibit 87: Snap-on – Business segments
Exhibit 88: Snap-on – Organizational developments
Exhibit 89: Snap-on – Geographic focus
Exhibit 90: Snap-on – Segment focus
Exhibit 91: Snap-on – Key offerings
Exhibit 92: Snap-on – Key customers
Exhibit 93: Vendor overview
Exhibit 94: Stanley Black & Decker – Business segments
Exhibit 95: Stanley Black & Decker – Organizational developments
Exhibit 96: Stanley Black & Decker – Geographic focus
Exhibit 97: Stanley Black & Decker – Segment focus
Exhibit 98: Stanley Black & Decker – Key offerings
Exhibit 99: Stanley Black & Decker – Key customers
Exhibit 100: Vendor overview
Exhibit 101: TOHNICHI Mfg. – Business segments
Exhibit 102: TOHNICHI Mfg. – Organizational developments
Exhibit 103: TOHNICHI Mfg. – Geographic focus
Exhibit 104: TOHNICHI Mfg. – Segment focus
Exhibit 105: TOHNICHI Mfg. – Key offerings
Exhibit 106: TOHNICHI Mfg. – Key customers
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Actuant
  • Apex Tool Group
  • Atlas Copco
  • Snap-on
  • Stanley Black & Decker
  • TOHNICHI Mfg
  • MORE
New Report Released: – Global Torque Wrenches Market 2018-2022

The author of the report recognizes the following companies as the key players in the global torque wrenches market: Actuant, Apex Tool Group, Atlas Copco, Snap-on, Stanley Black & Decker, andTOHNICHI Mfg.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is product innovations. Over the years, the global torque wrenches market has witnessed several innovations in the design of torque wrenches and the material used for manufacturing them, making them more reliable and efficient in fastening applications. These innovations allow greater differentiation between product offerings from different vendors, leading to the growth of the market.”

According to the report, one of the major drivers for this market is growing automotive industry. The automotive industry is the single largest end-user of torque wrenches globally, which are extensively used in automobile production facilities, and for repair and maintenance of vehicles in workshops and home. Therefore, the growth in global automobile production and sales during the forecast period is expected to significantly accelerate the demand for wrenches.

Further, the report states that one of the major factors hindering the growth of this market is Volatility in raw material prices and rising labor costs. The volatility in prices of raw materials used in the construction of torque wrenches and the increase in manufacturing labor costs represent a significant challenge for torque wrench manufacturers and are expected to affect their earnings during the forecast period.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
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  • Actuant
  • Apex Tool Group
  • Atlas Copco
  • Snap-on
  • Stanley Black & Decker
  • TOHNICHI Mfg
Note: Product cover images may vary from those shown
6 of 5
Note: Product cover images may vary from those shown
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