The global DC torque tool market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for cordless tools in various industries such as automotive, construction, and aerospace & defense. The increasing demand for cordless tools is due to their advantages such as ease of use and portability. Moreover, the growing need for lightweight and compact power tools has also led to an increase in the demand for cordless torque wrenches. The global DC torque tool market is segmented on the basis of type into corded and cordless; on the basis of application into handheld tools and fixtured tools; and on the basis of region into North America, Latin America, Europe, Asia Pacific (APAC), Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- Increasing demand for electric vehicles and increasing need for torque tools in the automotive industry are some of the factors driving the growth of this market.
- Increasing demand for torque tools in various industries such as aerospace, construction, and oil & gas is also driving the growth of this market.
- The high cost associated with these tools is a major factor restraining the growth of this market.
- Lack of skilled labor in developing countries is also one among many factors restraining the growth.
Industry Growth Insights published a new data on “DC Torque Tool Market”. The research report is titled “DC Torque Tool Market research by Types (Corded, Cordless), By Applications (Handheld Tools, Fixtured Tools), By Players/Companies Atlas Copco AB, Apex Tool Group, LLC, Stanley Black & Decker, Inc., Robert Bosch GmbH, Ingersoll-Rand Plc, Hilti Corporation, Techtronic Industries Co. Ltd. (TTi), Uryu Seisaku, Ltd., Makita Corporation, Gedore-Werkzeugfabrik GmbH & Co. KG, Panasonic Corporation, Hitachi Koki Co., Ltd., ESTIC Corporation”.
Scope Of The Report
Report Attributes
Report Details
Report Title
DC Torque Tool Market Research Report
By Type
Corded, Cordless
By Application
Handheld Tools, Fixtured Tools
By Companies
Atlas Copco AB, Apex Tool Group, LLC, Stanley Black & Decker, Inc., Robert Bosch GmbH, Ingersoll-Rand Plc, Hilti Corporation, Techtronic Industries Co. Ltd. (TTi), Uryu Seisaku, Ltd., Makita Corporation, Gedore-Werkzeugfabrik GmbH & Co. KG, Panasonic Corporation, Hitachi Koki Co., Ltd., ESTIC Corporation
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global DC Torque Tool Market Report Segments:
The global DC Torque Tool market is segmented on the basis of:
Types
Corded, Cordless
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
Handheld Tools, Fixtured Tools
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:
- Atlas Copco AB
- Apex Tool Group, LLC
- Stanley Black & Decker, Inc.
- Robert Bosch GmbH
- Ingersoll-Rand Plc
- Hilti Corporation
- Techtronic Industries Co. Ltd. (TTi)
- Uryu Seisaku, Ltd.
- Makita Corporation
- Gedore-Werkzeugfabrik GmbH & Co. KG
- Panasonic Corporation
- Hitachi Koki Co., Ltd.
- ESTIC Corporation
Highlights of The DC Torque Tool 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:
- Corded
- Cordless
- By Application:
- Handheld Tools
- Fixtured Tools
- 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 DC Torque Tool 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?
DC Torque Tool is a torque wrench that uses direct current (DC) to measure torque. This type of wrench is often used in automotive and industrial applications because it offers more precise measurements than traditional wrenches.
Some of the major players in the dc torque tool market are Atlas Copco AB, Apex Tool Group, LLC, Stanley Black & Decker, Inc., Robert Bosch GmbH, Ingersoll-Rand Plc, Hilti Corporation, Techtronic Industries Co. Ltd. (TTi), Uryu Seisaku, Ltd., Makita Corporation, Gedore-Werkzeugfabrik GmbH & Co. KG, Panasonic Corporation, Hitachi Koki Co., Ltd., ESTIC Corporation.
The dc torque tool market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. DC Torque Tool 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. DC Torque Tool Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. DC Torque Tool Market - Supply Chain
4.5. Global DC Torque Tool Market Forecast
4.5.1. DC Torque Tool Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. DC Torque Tool Market Size (000 Units) and Y-o-Y Growth
4.5.3. DC Torque Tool Market Absolute $ Opportunity
5. Global DC Torque Tool 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. DC Torque Tool Market Size and Volume Forecast by Type
5.3.1. Corded
5.3.2. Cordless
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global DC Torque Tool 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. DC Torque Tool Market Size and Volume Forecast by Application
6.3.1. Handheld Tools
6.3.2. Fixtured Tools
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global DC Torque Tool 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. DC Torque Tool 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 DC Torque Tool 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. DC Torque Tool 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 DC Torque Tool Demand Share Forecast, 2019-2026
9. North America DC Torque Tool 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 DC Torque Tool 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 DC Torque Tool Market Size and Volume Forecast by Application
9.4.1. Handheld Tools
9.4.2. Fixtured Tools
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America DC Torque Tool Market Size and Volume Forecast by Type
9.7.1. Corded
9.7.2. Cordless
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 DC Torque Tool Demand Share Forecast, 2019-2026
10. Latin America DC Torque Tool 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 DC Torque Tool 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 DC Torque Tool Market Size and Volume Forecast by Application
10.4.1. Handheld Tools
10.4.2. Fixtured Tools
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America DC Torque Tool Market Size and Volume Forecast by Type
10.7.1. Corded
10.7.2. Cordless
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 DC Torque Tool Demand Share Forecast, 2019-2026
11. Europe DC Torque Tool 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 DC Torque Tool 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 DC Torque Tool Market Size and Volume Forecast by Application
11.4.1. Handheld Tools
11.4.2. Fixtured Tools
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe DC Torque Tool Market Size and Volume Forecast by Type
11.7.1. Corded
11.7.2. Cordless
11.8. Basis Point 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 DC Torque Tool Demand Share, 2019-2026
12. Asia Pacific DC Torque Tool 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 DC Torque Tool 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 DC Torque Tool Market Size and Volume Forecast by Application
12.4.1. Handheld Tools
12.4.2. Fixtured Tools
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific DC Torque Tool Market Size and Volume Forecast by Type
12.7.1. Corded
12.7.2. Cordless
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 DC Torque Tool Demand Share, 2019-2026
13. Middle East & Africa DC Torque Tool 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 DC Torque Tool 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 DC Torque Tool Market Size and Volume Forecast by Application
13.4.1. Handheld Tools
13.4.2. Fixtured Tools
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa DC Torque Tool Market Size and Volume Forecast by Type
13.7.1. Corded
13.7.2. Cordless
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 DC Torque Tool Demand Share, 2019-2026
14. Competition Landscape
14.1. Global DC Torque Tool Market: Market Share Analysis
14.2. DC Torque Tool Distributors and Customers
14.3. DC Torque Tool Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Atlas Copco AB
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Apex Tool Group, LLC
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Stanley Black & Decker, Inc.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Robert Bosch GmbH
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ingersoll-Rand Plc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Hilti Corporation
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Techtronic Industries Co. Ltd. (TTi)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Uryu Seisaku, Ltd.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Makita Corporation
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Gedore-Werkzeugfabrik GmbH & Co. KG
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Panasonic Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Hitachi Koki Co., Ltd.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. ESTIC Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
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