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DC Torque Tool-Global Market Insights and Sales Trends 2024
Synopsis
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.
The global DC Torque Tool market size is expected to reach US$ 3330.1 million by 2029, growing at a CAGR of 1.7% from 2023 to 2029. The market is mainly driven by the significant applications of DC Torque Tool in various end use industries. The expanding demands from the Handheld Tools and Fixtured Tools, are propelling DC Torque Tool market. Corded, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cordless segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for DC Torque Tool, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global DC Torque Tool market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global DC Torque Tool market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, DC Torque Tool sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of DC Torque Tool covered in this report 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. and Makita Corporation, etc.
The global DC Torque Tool market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global DC Torque Tool market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global DC Torque Tool market, Segment by Type:
Corded
Cordless
Global DC Torque Tool market, by Application
Handheld Tools
Fixtured Tools
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of DC Torque Tool manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of DC Torque Tool in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
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.
The global DC Torque Tool market size is expected to reach US$ 3330.1 million by 2029, growing at a CAGR of 1.7% from 2023 to 2029. The market is mainly driven by the significant applications of DC Torque Tool in various end use industries. The expanding demands from the Handheld Tools and Fixtured Tools, are propelling DC Torque Tool market. Corded, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Cordless segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for DC Torque Tool, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global DC Torque Tool market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global DC Torque Tool market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, DC Torque Tool sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of DC Torque Tool covered in this report 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. and Makita Corporation, etc.
The global DC Torque Tool market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
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
Global DC Torque Tool market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global DC Torque Tool market, Segment by Type:
Corded
Cordless
Global DC Torque Tool market, by Application
Handheld Tools
Fixtured Tools
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of DC Torque Tool manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of DC Torque Tool in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 DC Torque Tool Market Overview
1.1 DC Torque Tool Product Overview
1.2 DC Torque Tool Market Segment by Type
1.2.1 Corded
1.2.2 Cordless
1.3 Global DC Torque Tool Market Size by Type
1.3.1 Global DC Torque Tool Market Size Overview by Type (2018-2029)
1.3.2 Global DC Torque Tool Historic Market Size Review by Type (2018-2023)
1.3.3 Global DC Torque Tool Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America DC Torque Tool Sales Breakdown by Type (2018-2023)
1.4.2 Europe DC Torque Tool Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific DC Torque Tool Sales Breakdown by Type (2018-2023)
1.4.4 Latin America DC Torque Tool Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa DC Torque Tool Sales Breakdown by Type (2018-2023)
2 Global DC Torque Tool Market Competition by Company
2.1 Global Top Players by DC Torque Tool Sales (2018-2023)
2.2 Global Top Players by DC Torque Tool Revenue (2018-2023)
2.3 Global Top Players by DC Torque Tool Price (2018-2023)
2.4 Global Top Manufacturers DC Torque Tool Manufacturing Base Distribution, Sales Area, Product Type
2.5 DC Torque Tool Market Competitive Situation and Trends
2.5.1 DC Torque Tool Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by DC Torque Tool Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in DC Torque Tool as of 2022)
2.7 Date of Key Manufacturers Enter into DC Torque Tool Market
2.8 Key Manufacturers DC Torque Tool Product Offered
2.9 Mergers & Acquisitions, Expansion
3 DC Torque Tool Status and Outlook by Region
3.1 Global DC Torque Tool Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global DC Torque Tool Historic Market Size by Region
3.2.1 Global DC Torque Tool Sales in Volume by Region (2018-2023)
3.2.2 Global DC Torque Tool Sales in Value by Region (2018-2023)
3.2.3 Global DC Torque Tool Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global DC Torque Tool Forecasted Market Size by Region
3.3.1 Global DC Torque Tool Sales in Volume by Region (2024-2029)
3.3.2 Global DC Torque Tool Sales in Value by Region (2024-2029)
3.3.3 Global DC Torque Tool Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global DC Torque Tool by Application
4.1 DC Torque Tool Market Segment by Application
4.1.1 Handheld Tools
4.1.2 Fixtured Tools
4.2 Global DC Torque Tool Market Size by Application
4.2.1 Global DC Torque Tool Market Size Overview by Application (2018-2029)
4.2.2 Global DC Torque Tool Historic Market Size Review by Application (2018-2023)
4.2.3 Global DC Torque Tool Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America DC Torque Tool Sales Breakdown by Application (2018-2023)
4.3.2 Europe DC Torque Tool Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific DC Torque Tool Sales Breakdown by Application (2018-2023)
4.3.4 Latin America DC Torque Tool Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa DC Torque Tool Sales Breakdown by Application (2018-2023)
5 North America DC Torque Tool by Country
5.1 North America DC Torque Tool Historic Market Size by Country
5.1.1 North America DC Torque Tool Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America DC Torque Tool Sales in Volume by Country (2018-2023)
5.1.3 North America DC Torque Tool Sales in Value by Country (2018-2023)
5.2 North America DC Torque Tool Forecasted Market Size by Country
5.2.1 North America DC Torque Tool Sales in Volume by Country (2024-2029)
5.2.2 North America DC Torque Tool Sales in Value by Country (2024-2029)
6 Europe DC Torque Tool by Country
6.1 Europe DC Torque Tool Historic Market Size by Country
6.1.1 Europe DC Torque Tool Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe DC Torque Tool Sales in Volume by Country (2018-2023)
6.1.3 Europe DC Torque Tool Sales in Value by Country (2018-2023)
6.2 Europe DC Torque Tool Forecasted Market Size by Country
6.2.1 Europe DC Torque Tool Sales in Volume by Country (2024-2029)
6.2.2 Europe DC Torque Tool Sales in Value by Country (2024-2029)
7 Asia-Pacific DC Torque Tool by Region
7.1 Asia-Pacific DC Torque Tool Historic Market Size by Region
7.1.1 Asia-Pacific DC Torque Tool Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific DC Torque Tool Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific DC Torque Tool Sales in Value by Region (2018-2023)
7.2 Asia-Pacific DC Torque Tool Forecasted Market Size by Region
7.2.1 Asia-Pacific DC Torque Tool Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific DC Torque Tool Sales in Value by Region (2024-2029)
8 Latin America DC Torque Tool by Country
8.1 Latin America DC Torque Tool Historic Market Size by Country
8.1.1 Latin America DC Torque Tool Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America DC Torque Tool Sales in Volume by Country (2018-2023)
8.1.3 Latin America DC Torque Tool Sales in Value by Country (2018-2023)
8.2 Latin America DC Torque Tool Forecasted Market Size by Country
8.2.1 Latin America DC Torque Tool Sales in Volume by Country (2024-2029)
8.2.2 Latin America DC Torque Tool Sales in Value by Country (2024-2029)
9 Middle East and Africa DC Torque Tool by Country
9.1 Middle East and Africa DC Torque Tool Historic Market Size by Country
9.1.1 Middle East and Africa DC Torque Tool Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa DC Torque Tool Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa DC Torque Tool Sales in Value by Country (2018-2023)
9.2 Middle East and Africa DC Torque Tool Forecasted Market Size by Country
9.2.1 Middle East and Africa DC Torque Tool Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa DC Torque Tool Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Atlas Copco AB
10.1.1 Atlas Copco AB Company Information
10.1.2 Atlas Copco AB Introduction and Business Overview
10.1.3 Atlas Copco AB DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Atlas Copco AB DC Torque Tool Products Offered
10.1.5 Atlas Copco AB Recent Development
10.2 Apex Tool Group, LLC
10.2.1 Apex Tool Group, LLC Company Information
10.2.2 Apex Tool Group, LLC Introduction and Business Overview
10.2.3 Apex Tool Group, LLC DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Apex Tool Group, LLC DC Torque Tool Products Offered
10.2.5 Apex Tool Group, LLC Recent Development
10.3 Stanley Black & Decker
10.3.1 Stanley Black & Decker Company Information
10.3.2 Stanley Black & Decker Introduction and Business Overview
10.3.3 Stanley Black & Decker DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Stanley Black & Decker DC Torque Tool Products Offered
10.3.5 Stanley Black & Decker Recent Development
10.4 Robert Bosch GmbH
10.4.1 Robert Bosch GmbH Company Information
10.4.2 Robert Bosch GmbH Introduction and Business Overview
10.4.3 Robert Bosch GmbH DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Robert Bosch GmbH DC Torque Tool Products Offered
10.4.5 Robert Bosch GmbH Recent Development
10.5 Ingersoll-Rand Plc
10.5.1 Ingersoll-Rand Plc Company Information
10.5.2 Ingersoll-Rand Plc Introduction and Business Overview
10.5.3 Ingersoll-Rand Plc DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Ingersoll-Rand Plc DC Torque Tool Products Offered
10.5.5 Ingersoll-Rand Plc Recent Development
10.6 Hilti Corporation
10.6.1 Hilti Corporation Company Information
10.6.2 Hilti Corporation Introduction and Business Overview
10.6.3 Hilti Corporation DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Hilti Corporation DC Torque Tool Products Offered
10.6.5 Hilti Corporation Recent Development
10.7 Techtronic Industries Co. Ltd. (TTi)
10.7.1 Techtronic Industries Co. Ltd. (TTi) Company Information
10.7.2 Techtronic Industries Co. Ltd. (TTi) Introduction and Business Overview
10.7.3 Techtronic Industries Co. Ltd. (TTi) DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Techtronic Industries Co. Ltd. (TTi) DC Torque Tool Products Offered
10.7.5 Techtronic Industries Co. Ltd. (TTi) Recent Development
10.8 Uryu Seisaku, Ltd.
10.8.1 Uryu Seisaku, Ltd. Company Information
10.8.2 Uryu Seisaku, Ltd. Introduction and Business Overview
10.8.3 Uryu Seisaku, Ltd. DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Uryu Seisaku, Ltd. DC Torque Tool Products Offered
10.8.5 Uryu Seisaku, Ltd. Recent Development
10.9 Makita Corporation
10.9.1 Makita Corporation Company Information
10.9.2 Makita Corporation Introduction and Business Overview
10.9.3 Makita Corporation DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Makita Corporation DC Torque Tool Products Offered
10.9.5 Makita Corporation Recent Development
10.10 Gedore-Werkzeugfabrik GmbH & Co. KG
10.10.1 Gedore-Werkzeugfabrik GmbH & Co. KG Company Information
10.10.2 Gedore-Werkzeugfabrik GmbH & Co. KG Introduction and Business Overview
10.10.3 Gedore-Werkzeugfabrik GmbH & Co. KG DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Gedore-Werkzeugfabrik GmbH & Co. KG DC Torque Tool Products Offered
10.10.5 Gedore-Werkzeugfabrik GmbH & Co. KG Recent Development
10.11 Panasonic Corporation
10.11.1 Panasonic Corporation Company Information
10.11.2 Panasonic Corporation Introduction and Business Overview
10.11.3 Panasonic Corporation DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Panasonic Corporation DC Torque Tool Products Offered
10.11.5 Panasonic Corporation Recent Development
10.12 Hitachi Koki.
10.12.1 Hitachi Koki. Company Information
10.12.2 Hitachi Koki. Introduction and Business Overview
10.12.3 Hitachi Koki. DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hitachi Koki. DC Torque Tool Products Offered
10.12.5 Hitachi Koki. Recent Development
10.13 ESTIC Corporation
10.13.1 ESTIC Corporation Company Information
10.13.2 ESTIC Corporation Introduction and Business Overview
10.13.3 ESTIC Corporation DC Torque Tool Sales, Revenue and Gross Margin (2018-2023)
10.13.4 ESTIC Corporation DC Torque Tool Products Offered
10.13.5 ESTIC Corporation Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 DC Torque Tool Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 DC Torque Tool Industrial Chain Analysis
11.4 DC Torque Tool Market Dynamics
11.4.1 DC Torque Tool Industry Trends
11.4.2 DC Torque Tool Market Drivers
11.4.3 DC Torque Tool Market Challenges
11.4.4 DC Torque Tool Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 DC Torque Tool Distributors
12.3 DC Torque Tool Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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