Market Overview:
The global adjustable spanners market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for adjustable spanners from the automotive, construction, and home appliance industries. Additionally, the growing demand for these tools in emerging economies is also contributing to the growth of this market. The global adjustable spanners market can be segmented on the basis of type, application, and region. On the basis of type, the global adjustable spanners market can be segmented into 150 mm, 170 mm, 200 mm, 250 mm 300 mm and other segments.
Product Definition:
Adjustable spanners are tools used to tighten or loosen bolts and nuts. They have two jaws, one fixed and the other adjustable, which can be opened and closed by turning a screw or lever. This allows them to fit a wide range of sizes of bolt or nut. Adjustable spanners are important because they allow the user to apply more force than they could with their hands alone, making them ideal for loosening stubborn nuts and bolts.
150 mm:
150 mm is a commonly used spanner in the automotive industry. It's length and width are both equal to 150mm. The most common application of 150 mm adjustable spanners is to adjust the front or rear wheel alignment, tire pressure, and steering wheel position.
It’s length allows it to reach all components easily while its width enables access to nuts and bolts that are usually located at the outer edge of a vehicle’s engine compartment.
170 mm:
The 170 mm gauge is used in the automotive industry to measure the thickness of body parts and chassis. It is also known as an American Wire Gauge (AWG) or American Standard Wire Gauge. The standard wire gauge length in U.S.
Application Insights:
The automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production of electric vehicles, which require highly precise adjustable wrenches. These wrenches help in easy and accurate tightening of nuts on different sized bolts, as they have an ergonomic design with soft grips that makes them comfortable to use even for long periods.
Automotive manufacturers are also increasingly using these types as standard equipment owing to their compact size and lightweight nature, which helps reduce fatigue on drivers during long drives or tours. Furthermore, these tools help avoid human errors during final assembly stage by providing better accuracy while tightening nuts & bolts than traditional hand tools do.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region with a CAGR of XX% from 2018 to 2030 owing to increasing demand for heavy machinery in countries such as China and India. Moreover, rising investments in infrastructure development are anticipated to fuel the growth over the next eight years. The growing construction industry due to rapid urbanization and increasing population is also likely drive regional growth over the forecast period.
Europe was valued at USD X million in 2017 owing high product penetration rates of 200 mm adjustable spanners across major markets including Germany, U.K.
Growth Factors:
- Increasing demand from the automotive and construction industries
- Growing popularity of DIY projects and home improvement initiatives
- Rising number of product launches by key players to cater to consumer needs
- Proliferation of online retail platforms that offer a wide range of adjustable spanners at competitive prices
- Technological advancements in adjustable spanner design and functionality
Scope Of The Report
Report Attributes
Report Details
Report Title
Adjustable Spanners Market Research Report
By Type
150 mm, 170 mm, 200 mm, 250 mm, 300 mm, Other
By Application
Automotive, Construction, Home Appliance, Others
By Companies
Stanley Tools, DEWALT, Ridgid, Milwaukee Tools, Craftsman, Bahco, Rothenberger, J C Bamford Excavators, Haron, Channellock, WorkPro, Olympia Tools, IRWIN TOOLS, TEKTON
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Adjustable Spanners Market Report Segments:
The global Adjustable Spanners market is segmented on the basis of:
Types
150 mm, 170 mm, 200 mm, 250 mm, 300 mm, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Construction, Home Appliance, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stanley Tools
- DEWALT
- Ridgid
- Milwaukee Tools
- Craftsman
- Bahco
- Rothenberger
- J C Bamford Excavators
- Haron
- Channellock
- WorkPro
- Olympia Tools
- IRWIN TOOLS
- TEKTON
Highlights of The Adjustable Spanners Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- 150 mm
- 170 mm
- 200 mm
- 250 mm
- 300 mm
- Other
- By Application:
- Automotive
- Construction
- Home Appliance
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Adjustable Spanners Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Adjustable spanners are a type of wrench that can be adjusted to fit different sizes. They are commonly used to tighten or loosen bolts and screws.
Some of the key players operating in the adjustable spanners market are Stanley Tools, DEWALT, Ridgid, Milwaukee Tools, Craftsman, Bahco, Rothenberger, J C Bamford Excavators, Haron, Channellock, WorkPro, Olympia Tools, IRWIN TOOLS, TEKTON.
The adjustable spanners market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Adjustable Spanners Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Adjustable Spanners Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Adjustable Spanners Market - Supply Chain
4.5. Global Adjustable Spanners Market Forecast
4.5.1. Adjustable Spanners Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Adjustable Spanners Market Size (000 Units) and Y-o-Y Growth
4.5.3. Adjustable Spanners Market Absolute $ Opportunity
5. Global Adjustable Spanners Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Adjustable Spanners Market Size and Volume Forecast by Type
5.3.1. 150 mm
5.3.2. 170 mm
5.3.3. 200 mm
5.3.4. 250 mm
5.3.5. 300 mm
5.3.6. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Adjustable Spanners Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Adjustable Spanners Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Construction
6.3.3. Home Appliance
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Adjustable Spanners Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Adjustable Spanners Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Adjustable Spanners Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Adjustable Spanners Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Adjustable Spanners Demand Share Forecast, 2019-2026
9. North America Adjustable Spanners Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Adjustable Spanners Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Adjustable Spanners Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Construction
9.4.3. Home Appliance
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Adjustable Spanners Market Size and Volume Forecast by Type
9.7.1. 150 mm
9.7.2. 170 mm
9.7.3. 200 mm
9.7.4. 250 mm
9.7.5. 300 mm
9.7.6. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Adjustable Spanners Demand Share Forecast, 2019-2026
10. Latin America Adjustable Spanners Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Adjustable Spanners Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Adjustable Spanners Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Construction
10.4.3. Home Appliance
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Adjustable Spanners Market Size and Volume Forecast by Type
10.7.1. 150 mm
10.7.2. 170 mm
10.7.3. 200 mm
10.7.4. 250 mm
10.7.5. 300 mm
10.7.6. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Adjustable Spanners Demand Share Forecast, 2019-2026
11. Europe Adjustable Spanners Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Adjustable Spanners Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Adjustable Spanners Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Construction
11.4.3. Home Appliance
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Adjustable Spanners Market Size and Volume Forecast by Type
11.7.1. 150 mm
11.7.2. 170 mm
11.7.3. 200 mm
11.7.4. 250 mm
11.7.5. 300 mm
11.7.6. Other
11.8. Basis Pont Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Adjustable Spanners Demand Share, 2019-2026
12. Asia Pacific Adjustable Spanners Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Adjustable Spanners Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Adjustable Spanners Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Construction
12.4.3. Home Appliance
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Adjustable Spanners Market Size and Volume Forecast by Type
12.7.1. 150 mm
12.7.2. 170 mm
12.7.3. 200 mm
12.7.4. 250 mm
12.7.5. 300 mm
12.7.6. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Adjustable Spanners Demand Share, 2019-2026
13. Middle East & Africa Adjustable Spanners Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Adjustable Spanners Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Adjustable Spanners Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Construction
13.4.3. Home Appliance
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Adjustable Spanners Market Size and Volume Forecast by Type
13.7.1. 150 mm
13.7.2. 170 mm
13.7.3. 200 mm
13.7.4. 250 mm
13.7.5. 300 mm
13.7.6. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Adjustable Spanners Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Adjustable Spanners Market: Market Share Analysis
14.2. Adjustable Spanners Distributors and Customers
14.3. Adjustable Spanners Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stanley Tools
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. DEWALT
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Ridgid
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Milwaukee Tools
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Craftsman
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Bahco
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Rothenberger
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. J C Bamford Excavators
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Haron
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Channellock
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. WorkPro
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Olympia Tools
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. IRWIN TOOLS
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TEKTON
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
