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Global Battery Torque Wrenches Market Research Report 2024
Synopsis
A battery torque wrench is a battery-operated wrench that can apply a specified torque without effort from the operator.
The global Battery Torque Wrenches market was valued at US$ 389 million in 2023 and is anticipated to reach US$ 591.1 million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.
North American market for Battery Torque Wrenches is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Battery Torque Wrenches is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Battery Torque Wrenches include RAD Torque Systems, Torque Gun, ITH, HYTORC, Alkitronic and GEDORE Torque Solutions GmbH, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Battery Torque Wrenches, 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 Battery Torque Wrenches.
Report Scope
The Battery Torque Wrenches market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Battery Torque Wrenches market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Battery Torque Wrenches manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
RAD Torque Systems
Torque Gun
ITH
HYTORC
Alkitronic
GEDORE Torque Solutions GmbH
Segment by Type
Single Speed
Dual Speed
Segment by Application
Transportation
Manufacturing & Assembly
Construction
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Battery Torque Wrenches manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Battery Torque Wrenches by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Battery Torque Wrenches 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
A battery torque wrench is a battery-operated wrench that can apply a specified torque without effort from the operator.
The global Battery Torque Wrenches market was valued at US$ 389 million in 2023 and is anticipated to reach US$ 591.1 million by 2030, witnessing a CAGR of 6.2% during the forecast period 2024-2030.
North American market for Battery Torque Wrenches is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Battery Torque Wrenches is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Battery Torque Wrenches include RAD Torque Systems, Torque Gun, ITH, HYTORC, Alkitronic and GEDORE Torque Solutions GmbH, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for Battery Torque Wrenches, 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 Battery Torque Wrenches.
Report Scope
The Battery Torque Wrenches market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Battery Torque Wrenches market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Battery Torque Wrenches manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
RAD Torque Systems
Torque Gun
ITH
HYTORC
Alkitronic
GEDORE Torque Solutions GmbH
Segment by Type
Single Speed
Dual Speed
Segment by Application
Transportation
Manufacturing & Assembly
Construction
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Battery Torque Wrenches manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Battery Torque Wrenches by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Battery Torque Wrenches 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.
Index1 Battery Torque Wrenches Market Overview
1.1 Product Definition
1.2 Battery Torque Wrenches Segment by Type
1.2.1 Global Battery Torque Wrenches Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Single Speed
1.2.3 Dual Speed
1.3 Battery Torque Wrenches Segment by Application
1.3.1 Global Battery Torque Wrenches Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Transportation
1.3.3 Manufacturing & Assembly
1.3.4 Construction
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Battery Torque Wrenches Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Battery Torque Wrenches Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Battery Torque Wrenches Production Estimates and Forecasts (2019-2030)
1.4.4 Global Battery Torque Wrenches Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Battery Torque Wrenches Production Market Share by Manufacturers (2019-2024)
2.2 Global Battery Torque Wrenches Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Battery Torque Wrenches, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Battery Torque Wrenches Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Battery Torque Wrenches Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Battery Torque Wrenches, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Battery Torque Wrenches, Product Offered and Application
2.8 Global Key Manufacturers of Battery Torque Wrenches, Date of Enter into This Industry
2.9 Battery Torque Wrenches Market Competitive Situation and Trends
2.9.1 Battery Torque Wrenches Market Concentration Rate
2.9.2 Global 5 and 10 Largest Battery Torque Wrenches Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Battery Torque Wrenches Production by Region
3.1 Global Battery Torque Wrenches Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Battery Torque Wrenches Production Value by Region (2019-2030)
3.2.1 Global Battery Torque Wrenches Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Battery Torque Wrenches by Region (2025-2030)
3.3 Global Battery Torque Wrenches Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Battery Torque Wrenches Production by Region (2019-2030)
3.4.1 Global Battery Torque Wrenches Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Battery Torque Wrenches by Region (2025-2030)
3.5 Global Battery Torque Wrenches Market Price Analysis by Region (2019-2024)
3.6 Global Battery Torque Wrenches Production and Value, Year-over-Year Growth
3.6.1 North America Battery Torque Wrenches Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Battery Torque Wrenches Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Battery Torque Wrenches Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Battery Torque Wrenches Production Value Estimates and Forecasts (2019-2030)
4 Battery Torque Wrenches Consumption by Region
4.1 Global Battery Torque Wrenches Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Battery Torque Wrenches Consumption by Region (2019-2030)
4.2.1 Global Battery Torque Wrenches Consumption by Region (2019-2024)
4.2.2 Global Battery Torque Wrenches Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Battery Torque Wrenches Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Battery Torque Wrenches Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Battery Torque Wrenches Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Battery Torque Wrenches Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Battery Torque Wrenches Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Battery Torque Wrenches Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Battery Torque Wrenches Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Battery Torque Wrenches Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Battery Torque Wrenches Production by Type (2019-2030)
5.1.1 Global Battery Torque Wrenches Production by Type (2019-2024)
5.1.2 Global Battery Torque Wrenches Production by Type (2025-2030)
5.1.3 Global Battery Torque Wrenches Production Market Share by Type (2019-2030)
5.2 Global Battery Torque Wrenches Production Value by Type (2019-2030)
5.2.1 Global Battery Torque Wrenches Production Value by Type (2019-2024)
5.2.2 Global Battery Torque Wrenches Production Value by Type (2025-2030)
5.2.3 Global Battery Torque Wrenches Production Value Market Share by Type (2019-2030)
5.3 Global Battery Torque Wrenches Price by Type (2019-2030)
6 Segment by Application
6.1 Global Battery Torque Wrenches Production by Application (2019-2030)
6.1.1 Global Battery Torque Wrenches Production by Application (2019-2024)
6.1.2 Global Battery Torque Wrenches Production by Application (2025-2030)
6.1.3 Global Battery Torque Wrenches Production Market Share by Application (2019-2030)
6.2 Global Battery Torque Wrenches Production Value by Application (2019-2030)
6.2.1 Global Battery Torque Wrenches Production Value by Application (2019-2024)
6.2.2 Global Battery Torque Wrenches Production Value by Application (2025-2030)
6.2.3 Global Battery Torque Wrenches Production Value Market Share by Application (2019-2030)
6.3 Global Battery Torque Wrenches Price by Application (2019-2030)
7 Key Companies Profiled
7.1 RAD Torque Systems
7.1.1 RAD Torque Systems Battery Torque Wrenches Corporation Information
7.1.2 RAD Torque Systems Battery Torque Wrenches Product Portfolio
7.1.3 RAD Torque Systems Battery Torque Wrenches Production, Value, Price and Gross Margin (2019-2024)
7.1.4 RAD Torque Systems Main Business and Markets Served
7.1.5 RAD Torque Systems Recent Developments/Updates
7.2 Torque Gun
7.2.1 Torque Gun Battery Torque Wrenches Corporation Information
7.2.2 Torque Gun Battery Torque Wrenches Product Portfolio
7.2.3 Torque Gun Battery Torque Wrenches Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Torque Gun Main Business and Markets Served
7.2.5 Torque Gun Recent Developments/Updates
7.3 ITH
7.3.1 ITH Battery Torque Wrenches Corporation Information
7.3.2 ITH Battery Torque Wrenches Product Portfolio
7.3.3 ITH Battery Torque Wrenches Production, Value, Price and Gross Margin (2019-2024)
7.3.4 ITH Main Business and Markets Served
7.3.5 ITH Recent Developments/Updates
7.4 HYTORC
7.4.1 HYTORC Battery Torque Wrenches Corporation Information
7.4.2 HYTORC Battery Torque Wrenches Product Portfolio
7.4.3 HYTORC Battery Torque Wrenches Production, Value, Price and Gross Margin (2019-2024)
7.4.4 HYTORC Main Business and Markets Served
7.4.5 HYTORC Recent Developments/Updates
7.5 Alkitronic
7.5.1 Alkitronic Battery Torque Wrenches Corporation Information
7.5.2 Alkitronic Battery Torque Wrenches Product Portfolio
7.5.3 Alkitronic Battery Torque Wrenches Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Alkitronic Main Business and Markets Served
7.5.5 Alkitronic Recent Developments/Updates
7.6 GEDORE Torque Solutions GmbH
7.6.1 GEDORE Torque Solutions GmbH Battery Torque Wrenches Corporation Information
7.6.2 GEDORE Torque Solutions GmbH Battery Torque Wrenches Product Portfolio
7.6.3 GEDORE Torque Solutions GmbH Battery Torque Wrenches Production, Value, Price and Gross Margin (2019-2024)
7.6.4 GEDORE Torque Solutions GmbH Main Business and Markets Served
7.6.5 GEDORE Torque Solutions GmbH Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Battery Torque Wrenches Industry Chain Analysis
8.2 Battery Torque Wrenches Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Battery Torque Wrenches Production Mode & Process
8.4 Battery Torque Wrenches Sales and Marketing
8.4.1 Battery Torque Wrenches Sales Channels
8.4.2 Battery Torque Wrenches Distributors
8.5 Battery Torque Wrenches Customers
9 Battery Torque Wrenches Market Dynamics
9.1 Battery Torque Wrenches Industry Trends
9.2 Battery Torque Wrenches Market Drivers
9.3 Battery Torque Wrenches Market Challenges
9.4 Battery Torque Wrenches Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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