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Global Torque Wrenches Market Growth Trends, Size, Status and Forecast 2018-2022


Portland, OR -- (SBWIRE) -- 06/18/2018 -- 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.

global torque wrenches market to grow at a CAGR of 4.69% during the period 2018-2022.

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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

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

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Market driver
- Growing automotive industry
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Market challenge
- Volatility in raw material prices and rising labor costs
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Market trend
- Product innovations
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