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Hydraulic Torque-Global Market Insights and Sales Trends 2024
Synopsis
A hydraulic torque wrench is a power tool designed to exert torque on a fastener to achieve proper tightening or loosening of a connection through the use of hydraulics. A torque wrench is applied to the nut either directly or in conjunction with an impact socket. Hydraulic torque wrenches apply a predetermined, controlled amount of torque to a properly lubricated fastener.
The global Hydraulic Torque market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Hydraulic Torque in various end use industries. The expanding demands from the Oil & Gas, Plants and Refineries, Power Industry and Others, are propelling Hydraulic Torque market. Drive Hydraulic Wrench, 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 Hollow Hydraulic Wrench segment is estimated at % CAGR for the next seven-year period.
In United States market, Hytorc, Enerpac, Torq/Lite, Hydratight and TorcUP are the leaders of Hydraulic Torque, and Hytorc hold a more than 35% market share. The Southwest of United States is the largest region of Hydraulic Torque, with a share more than 30%, followed by The South and The Midwest, etc.
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 Hydraulic Torque, 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 Hydraulic Torque 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 Hydraulic Torque market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hydraulic Torque 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 Hydraulic Torque covered in this report include Enerpac, Hytorc, Hydratight, ITH, TorcUP, Powermaster, Norwolf Tool Works, Plarad and WREN, etc.
The global Hydraulic Torque market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Enerpac
Hytorc
Hydratight
ITH
TorcUP
Powermaster
Norwolf Tool Works
Plarad
WREN
HTL
Torq/Lite
TorsionX
Torc-Tech
Global Hydraulic Torque 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 Hydraulic Torque market, Segment by Type:
Drive Hydraulic Wrench
Hollow Hydraulic Wrench
Global Hydraulic Torque market, by Application
Oil & Gas
Plants and Refineries
Power Industry
Others
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 Hydraulic Torque manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hydraulic Torque 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.
A hydraulic torque wrench is a power tool designed to exert torque on a fastener to achieve proper tightening or loosening of a connection through the use of hydraulics. A torque wrench is applied to the nut either directly or in conjunction with an impact socket. Hydraulic torque wrenches apply a predetermined, controlled amount of torque to a properly lubricated fastener.
The global Hydraulic Torque market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Hydraulic Torque in various end use industries. The expanding demands from the Oil & Gas, Plants and Refineries, Power Industry and Others, are propelling Hydraulic Torque market. Drive Hydraulic Wrench, 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 Hollow Hydraulic Wrench segment is estimated at % CAGR for the next seven-year period.
In United States market, Hytorc, Enerpac, Torq/Lite, Hydratight and TorcUP are the leaders of Hydraulic Torque, and Hytorc hold a more than 35% market share. The Southwest of United States is the largest region of Hydraulic Torque, with a share more than 30%, followed by The South and The Midwest, etc.
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 Hydraulic Torque, 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 Hydraulic Torque 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 Hydraulic Torque market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Hydraulic Torque 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 Hydraulic Torque covered in this report include Enerpac, Hytorc, Hydratight, ITH, TorcUP, Powermaster, Norwolf Tool Works, Plarad and WREN, etc.
The global Hydraulic Torque market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Enerpac
Hytorc
Hydratight
ITH
TorcUP
Powermaster
Norwolf Tool Works
Plarad
WREN
HTL
Torq/Lite
TorsionX
Torc-Tech
Global Hydraulic Torque 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 Hydraulic Torque market, Segment by Type:
Drive Hydraulic Wrench
Hollow Hydraulic Wrench
Global Hydraulic Torque market, by Application
Oil & Gas
Plants and Refineries
Power Industry
Others
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 Hydraulic Torque manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Hydraulic Torque 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 Hydraulic Torque Market Overview
1.1 Hydraulic Torque Product Overview
1.2 Hydraulic Torque Market Segment by Type
1.2.1 Drive Hydraulic Wrench
1.2.2 Hollow Hydraulic Wrench
1.3 Global Hydraulic Torque Market Size by Type
1.3.1 Global Hydraulic Torque Market Size Overview by Type (2018-2029)
1.3.2 Global Hydraulic Torque Historic Market Size Review by Type (2018-2023)
1.3.3 Global Hydraulic Torque Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Hydraulic Torque Sales Breakdown by Type (2018-2023)
1.4.2 Europe Hydraulic Torque Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Hydraulic Torque Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Hydraulic Torque Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Hydraulic Torque Sales Breakdown by Type (2018-2023)
2 Global Hydraulic Torque Market Competition by Company
2.1 Global Top Players by Hydraulic Torque Sales (2018-2023)
2.2 Global Top Players by Hydraulic Torque Revenue (2018-2023)
2.3 Global Top Players by Hydraulic Torque Price (2018-2023)
2.4 Global Top Manufacturers Hydraulic Torque Manufacturing Base Distribution, Sales Area, Product Type
2.5 Hydraulic Torque Market Competitive Situation and Trends
2.5.1 Hydraulic Torque Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Hydraulic Torque 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 Hydraulic Torque as of 2022)
2.7 Date of Key Manufacturers Enter into Hydraulic Torque Market
2.8 Key Manufacturers Hydraulic Torque Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Hydraulic Torque Status and Outlook by Region
3.1 Global Hydraulic Torque Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Hydraulic Torque Historic Market Size by Region
3.2.1 Global Hydraulic Torque Sales in Volume by Region (2018-2023)
3.2.2 Global Hydraulic Torque Sales in Value by Region (2018-2023)
3.2.3 Global Hydraulic Torque Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Hydraulic Torque Forecasted Market Size by Region
3.3.1 Global Hydraulic Torque Sales in Volume by Region (2024-2029)
3.3.2 Global Hydraulic Torque Sales in Value by Region (2024-2029)
3.3.3 Global Hydraulic Torque Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Hydraulic Torque by Application
4.1 Hydraulic Torque Market Segment by Application
4.1.1 Oil & Gas
4.1.2 Plants and Refineries
4.1.3 Power Industry
4.1.4 Others
4.2 Global Hydraulic Torque Market Size by Application
4.2.1 Global Hydraulic Torque Market Size Overview by Application (2018-2029)
4.2.2 Global Hydraulic Torque Historic Market Size Review by Application (2018-2023)
4.2.3 Global Hydraulic Torque Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Hydraulic Torque Sales Breakdown by Application (2018-2023)
4.3.2 Europe Hydraulic Torque Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Hydraulic Torque Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Hydraulic Torque Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Hydraulic Torque Sales Breakdown by Application (2018-2023)
5 North America Hydraulic Torque by Country
5.1 North America Hydraulic Torque Historic Market Size by Country
5.1.1 North America Hydraulic Torque Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Hydraulic Torque Sales in Volume by Country (2018-2023)
5.1.3 North America Hydraulic Torque Sales in Value by Country (2018-2023)
5.2 North America Hydraulic Torque Forecasted Market Size by Country
5.2.1 North America Hydraulic Torque Sales in Volume by Country (2024-2029)
5.2.2 North America Hydraulic Torque Sales in Value by Country (2024-2029)
6 Europe Hydraulic Torque by Country
6.1 Europe Hydraulic Torque Historic Market Size by Country
6.1.1 Europe Hydraulic Torque Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Hydraulic Torque Sales in Volume by Country (2018-2023)
6.1.3 Europe Hydraulic Torque Sales in Value by Country (2018-2023)
6.2 Europe Hydraulic Torque Forecasted Market Size by Country
6.2.1 Europe Hydraulic Torque Sales in Volume by Country (2024-2029)
6.2.2 Europe Hydraulic Torque Sales in Value by Country (2024-2029)
7 Asia-Pacific Hydraulic Torque by Region
7.1 Asia-Pacific Hydraulic Torque Historic Market Size by Region
7.1.1 Asia-Pacific Hydraulic Torque Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Hydraulic Torque Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Hydraulic Torque Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Hydraulic Torque Forecasted Market Size by Region
7.2.1 Asia-Pacific Hydraulic Torque Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Hydraulic Torque Sales in Value by Region (2024-2029)
8 Latin America Hydraulic Torque by Country
8.1 Latin America Hydraulic Torque Historic Market Size by Country
8.1.1 Latin America Hydraulic Torque Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Hydraulic Torque Sales in Volume by Country (2018-2023)
8.1.3 Latin America Hydraulic Torque Sales in Value by Country (2018-2023)
8.2 Latin America Hydraulic Torque Forecasted Market Size by Country
8.2.1 Latin America Hydraulic Torque Sales in Volume by Country (2024-2029)
8.2.2 Latin America Hydraulic Torque Sales in Value by Country (2024-2029)
9 Middle East and Africa Hydraulic Torque by Country
9.1 Middle East and Africa Hydraulic Torque Historic Market Size by Country
9.1.1 Middle East and Africa Hydraulic Torque Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Hydraulic Torque Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Hydraulic Torque Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Hydraulic Torque Forecasted Market Size by Country
9.2.1 Middle East and Africa Hydraulic Torque Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Hydraulic Torque Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Enerpac
10.1.1 Enerpac Company Information
10.1.2 Enerpac Introduction and Business Overview
10.1.3 Enerpac Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Enerpac Hydraulic Torque Products Offered
10.1.5 Enerpac Recent Development
10.2 Hytorc
10.2.1 Hytorc Company Information
10.2.2 Hytorc Introduction and Business Overview
10.2.3 Hytorc Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Hytorc Hydraulic Torque Products Offered
10.2.5 Hytorc Recent Development
10.3 Hydratight
10.3.1 Hydratight Company Information
10.3.2 Hydratight Introduction and Business Overview
10.3.3 Hydratight Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hydratight Hydraulic Torque Products Offered
10.3.5 Hydratight Recent Development
10.4 ITH
10.4.1 ITH Company Information
10.4.2 ITH Introduction and Business Overview
10.4.3 ITH Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.4.4 ITH Hydraulic Torque Products Offered
10.4.5 ITH Recent Development
10.5 TorcUP
10.5.1 TorcUP Company Information
10.5.2 TorcUP Introduction and Business Overview
10.5.3 TorcUP Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.5.4 TorcUP Hydraulic Torque Products Offered
10.5.5 TorcUP Recent Development
10.6 Powermaster
10.6.1 Powermaster Company Information
10.6.2 Powermaster Introduction and Business Overview
10.6.3 Powermaster Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Powermaster Hydraulic Torque Products Offered
10.6.5 Powermaster Recent Development
10.7 Norwolf Tool Works
10.7.1 Norwolf Tool Works Company Information
10.7.2 Norwolf Tool Works Introduction and Business Overview
10.7.3 Norwolf Tool Works Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Norwolf Tool Works Hydraulic Torque Products Offered
10.7.5 Norwolf Tool Works Recent Development
10.8 Plarad
10.8.1 Plarad Company Information
10.8.2 Plarad Introduction and Business Overview
10.8.3 Plarad Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.8.4 Plarad Hydraulic Torque Products Offered
10.8.5 Plarad Recent Development
10.9 WREN
10.9.1 WREN Company Information
10.9.2 WREN Introduction and Business Overview
10.9.3 WREN Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.9.4 WREN Hydraulic Torque Products Offered
10.9.5 WREN Recent Development
10.10 HTL
10.10.1 HTL Company Information
10.10.2 HTL Introduction and Business Overview
10.10.3 HTL Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.10.4 HTL Hydraulic Torque Products Offered
10.10.5 HTL Recent Development
10.11 Torq/Lite
10.11.1 Torq/Lite Company Information
10.11.2 Torq/Lite Introduction and Business Overview
10.11.3 Torq/Lite Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Torq/Lite Hydraulic Torque Products Offered
10.11.5 Torq/Lite Recent Development
10.12 TorsionX
10.12.1 TorsionX Company Information
10.12.2 TorsionX Introduction and Business Overview
10.12.3 TorsionX Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.12.4 TorsionX Hydraulic Torque Products Offered
10.12.5 TorsionX Recent Development
10.13 Torc-Tech
10.13.1 Torc-Tech Company Information
10.13.2 Torc-Tech Introduction and Business Overview
10.13.3 Torc-Tech Hydraulic Torque Sales, Revenue and Gross Margin (2018-2023)
10.13.4 Torc-Tech Hydraulic Torque Products Offered
10.13.5 Torc-Tech Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Hydraulic Torque 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 Hydraulic Torque Industrial Chain Analysis
11.4 Hydraulic Torque Market Dynamics
11.4.1 Hydraulic Torque Industry Trends
11.4.2 Hydraulic Torque Market Drivers
11.4.3 Hydraulic Torque Market Challenges
11.4.4 Hydraulic Torque Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Hydraulic Torque Distributors
12.3 Hydraulic Torque 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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