QY Research has lately published a new report on “Global Torque Wrenches Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025,” for the forecasted period 6-years, i.e. between 2019 and 2025.
Los Angeles, CA -- (SBWIRE) -- 03/13/2019 -- 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.
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.
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The global Torque Wrenches market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Torque Wrenches volume and value at global level, regional level and company level. From a global perspective, this report represents overall Torque Wrenches market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Armstrong Tools
Atlas Copco Industrial Technique
Beta Utensili
Crane Electronics
ENERPAC
GearWrench
GEDORE Tool Center
GRIPHOLD ENGINEERING
HTL (Hire Torque Ltd)
HYTORC
Ingersoll Rand-
Mountz
RAD Torque Systems
SAM OUTILLAGE
Torque Wrenches Market Segment by Regions
North America
Europe
China
Japan
Torque Wrenches Market Segment by Type
Hydraulic
Pneumatic
Manual
Electric
Torque Wrenches Market Segment by Application
Commercial
Household
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QYResearch established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.