Market Overview:
The global bits and sleeves sales market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for power bits, plug-in bits, power sleeves, safety sleeves and universal wrench sleeves across the globe. On the basis of type, the global Bits and Sleeves Sales Market has been segmented into Power Bits, Plug-in Bits, Power Sleeves Safety Sleevesand Universal Wrench Sleeves. Among these segments, power bits are expected to account for a major share of the market during the forecast period owing to their growing demand in automotive applications. On the basis of application,,the global Bits and Sleeves Sales Market has been segmented into Automobile Aerospace Railway Locomotive Rolling Stock Manufacturing Equipment Manufacturing Home Appliance Assembly .
Product Definition:
bits and sleeves sales is the term used to describe the sale of either individual computer bits or sleeves (i.e. cases) for computers. Bits and sleeves sales can be an important part of a computer manufacturer's business, as it allows them to sell replacement parts or upgrade kits to their customers.
Power Bits:
Power bits is a combination of plastic and metal that has the ability to provide electrical insulation and mechanical strength. It can be used in applications where high temperature, corrosion resistance or higher tensile strength are required. Power bits also provides flexibility in manufacturing as it can be molded into various shapes including cylinders, sheets or tubes. The growing demand for power bit from various industries such as oil & gas, chemical processing industry is expected to drive market growth over the forecast period.
Plug-in Bits:
Plug-in bits and it's usage in Bits and Sleeves Sales market is a new term used for the sales of plug-in components such as plug-ins,bits,and sleeves.The main driver for this market is the growing demand from customers to acquire complete solutions that allow them to focus on their core business activities without having any technical concerns.
Application Insights:
Automotive application led the market and accounted for more than a 29% share of the global revenue in 2017. The growing demand for automobiles is expected to have a positive impact on product demand over the forecast period. Automobiles are usually assembled by attaching various components, such as engine, transmission system, body structure, electrical systems together. Assembling an automobile requires different types of fasteners including nuts and bolts that comply with stringent automotive standards.
The use of universal wrench sleeves helps in reducing fatigue while using wrenches during vehicle assembly as they provide comfortable grip owing to textured surface finish. Furthermore, they help avoid dropped tools while working on vehicles as these tool protectors have soft rubberized handles that absorb shocks and prevent hand injuries caused by dropping heavy tools repeatedly on hard surfaces.
Regional Analysis:
The North American region dominated the market in terms of revenue and is expected to grow at a CAGR of XX% from 2018 to 2030. The growth can be attributed to the presence of numerous manufacturers in this region, who are continuously investing in R&D for manufacturing high-quality tools. Moreover, increasing demand for electric vehicles and rising investments by companies such as Tesla Inc., Ford Motor Company, General Motors Company among others are anticipated to drive the regional market growth over the forecast period.
Asia Pacific is projected to witness significant growth during the forecast period owing to rapid industrialization along with growing infrastructure activities primarily related equipment manufacturing industry which requires large quantities of power bits & sockets sets. In addition, rising demand for home appliances including refrigerators and washing machines that require assembly using power tools will drive regional product sales further.
Growth Factors:
- Increasing demand from the automotive industry for bits and sleeves as a result of the increasing production of vehicles.
- Growing popularity of bits and sleeves among end-users due to their high performance and durability.
- Rising demand for bits and sleeves in the construction industry as a result of increasing infrastructure development activities across the globe.
- Technological advancements in bit and sleeve manufacturing processes that are resulting in improved performance, durability, and efficiency of these products.
Scope Of The Report
Report Attributes
Report Details
Report Title
Bits and Sleeves Sales Market Research Report
By Type
Power Bits, Plug-in Bits, Power Sleeves, Safety Sleeves, Universal Wrench Sleeves
By Application
Automobile, Aerospace, Railway Locomotive, Rolling Stock Manufacturing, Equipment Manufacturing, Home Appliance Assembly
By Companies
Apex, Atlas, Jiangsu Dongcheng M&E Tools Co.,Ltd.,, Vessel, Action, NAC, BOSCH, Wiha, Zhejiang Aote Tools Co., Ltd, Stanley Black & Decker, Wera, Makita Corporation, MASTERPROOF
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
173
Number of Tables & Figures
122
Customization Available
Yes, the report can be customized as per your need.
Global Bits and Sleeves Sales Market Report Segments:
The global Bits and Sleeves Sales market is segmented on the basis of:
Types
Power Bits, Plug-in Bits, Power Sleeves, Safety Sleeves, Universal Wrench Sleeves
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
Automobile, Aerospace, Railway Locomotive, Rolling Stock Manufacturing, Equipment Manufacturing, Home Appliance Assembly
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:
- Apex
- Atlas
- Jiangsu Dongcheng M&E Tools Co.,Ltd.,
- Vessel
- Action
- NAC
- BOSCH
- Wiha
- Zhejiang Aote Tools Co., Ltd
- Stanley Black & Decker
- Wera
- Makita Corporation
- MASTERPROOF
Highlights of The Bits and Sleeves Sales 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:
- Power Bits
- Plug-in Bits
- Power Sleeves
- Safety Sleeves
- Universal Wrench Sleeves
- By Application:
- Automobile
- Aerospace
- Railway Locomotive, Rolling Stock Manufacturing
- Equipment Manufacturing
- Home Appliance Assembly
- 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 Bits and Sleeves Sales 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
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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?
Bits and Sleeves Sales is a sales event that takes place in the Bitcoin market. The event allows buyers and sellers to trade bitcoin, Ethereum, Litecoin, and other cryptocurrencies.
Some of the major players in the bits and sleeves sales market are Apex, Atlas, Jiangsu Dongcheng M&E Tools Co.,Ltd.,, Vessel, Action, NAC, BOSCH, Wiha, Zhejiang Aote Tools Co., Ltd, Stanley Black & Decker, Wera, Makita Corporation, MASTERPROOF.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Bits and Sleeves Sales Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Bits and Sleeves Sales Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Bits and Sleeves Sales Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Bits and Sleeves Sales Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Bits and Sleeves Sales Market Size & Forecast, 2018-2028
4.5.1 Bits and Sleeves Sales Market Size and Y-o-Y Growth
4.5.2 Bits and Sleeves Sales Market Absolute $ Opportunity
Chapter 5 Global Bits and Sleeves Sales Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Bits and Sleeves Sales Market Size Forecast by Type
5.2.1 Power Bits
5.2.2 Plug-in Bits
5.2.3 Power Sleeves
5.2.4 Safety Sleeves
5.2.5 Universal Wrench Sleeves
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Bits and Sleeves Sales Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Bits and Sleeves Sales Market Size Forecast by Applications
6.2.1 Automobile
6.2.2 Aerospace
6.2.3 Railway Locomotive
6.2.4 Rolling Stock Manufacturing
6.2.5 Equipment Manufacturing
6.2.6 Home Appliance Assembly
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Bits and Sleeves Sales Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Bits and Sleeves Sales Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Bits and Sleeves Sales Analysis and Forecast
9.1 Introduction
9.2 North America Bits and Sleeves Sales Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Bits and Sleeves Sales Market Size Forecast by Type
9.6.1 Power Bits
9.6.2 Plug-in Bits
9.6.3 Power Sleeves
9.6.4 Safety Sleeves
9.6.5 Universal Wrench Sleeves
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Bits and Sleeves Sales Market Size Forecast by Applications
9.10.1 Automobile
9.10.2 Aerospace
9.10.3 Railway Locomotive
9.10.4 Rolling Stock Manufacturing
9.10.5 Equipment Manufacturing
9.10.6 Home Appliance Assembly
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Bits and Sleeves Sales Analysis and Forecast
10.1 Introduction
10.2 Europe Bits and Sleeves Sales Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Bits and Sleeves Sales Market Size Forecast by Type
10.6.1 Power Bits
10.6.2 Plug-in Bits
10.6.3 Power Sleeves
10.6.4 Safety Sleeves
10.6.5 Universal Wrench Sleeves
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Bits and Sleeves Sales Market Size Forecast by Applications
10.10.1 Automobile
10.10.2 Aerospace
10.10.3 Railway Locomotive
10.10.4 Rolling Stock Manufacturing
10.10.5 Equipment Manufacturing
10.10.6 Home Appliance Assembly
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Bits and Sleeves Sales Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Bits and Sleeves Sales Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Bits and Sleeves Sales Market Size Forecast by Type
11.6.1 Power Bits
11.6.2 Plug-in Bits
11.6.3 Power Sleeves
11.6.4 Safety Sleeves
11.6.5 Universal Wrench Sleeves
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Bits and Sleeves Sales Market Size Forecast by Applications
11.10.1 Automobile
11.10.2 Aerospace
11.10.3 Railway Locomotive
11.10.4 Rolling Stock Manufacturing
11.10.5 Equipment Manufacturing
11.10.6 Home Appliance Assembly
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Bits and Sleeves Sales Analysis and Forecast
12.1 Introduction
12.2 Latin America Bits and Sleeves Sales Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Bits and Sleeves Sales Market Size Forecast by Type
12.6.1 Power Bits
12.6.2 Plug-in Bits
12.6.3 Power Sleeves
12.6.4 Safety Sleeves
12.6.5 Universal Wrench Sleeves
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Bits and Sleeves Sales Market Size Forecast by Applications
12.10.1 Automobile
12.10.2 Aerospace
12.10.3 Railway Locomotive
12.10.4 Rolling Stock Manufacturing
12.10.5 Equipment Manufacturing
12.10.6 Home Appliance Assembly
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Bits and Sleeves Sales Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Bits and Sleeves Sales Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Bits and Sleeves Sales Market Size Forecast by Type
13.6.1 Power Bits
13.6.2 Plug-in Bits
13.6.3 Power Sleeves
13.6.4 Safety Sleeves
13.6.5 Universal Wrench Sleeves
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Bits and Sleeves Sales Market Size Forecast by Applications
13.10.1 Automobile
13.10.2 Aerospace
13.10.3 Railway Locomotive
13.10.4 Rolling Stock Manufacturing
13.10.5 Equipment Manufacturing
13.10.6 Home Appliance Assembly
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Bits and Sleeves Sales Market: Competitive Dashboard
14.2 Global Bits and Sleeves Sales Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Apex
14.3.2 Atlas
14.3.3 Jiangsu Dongcheng M&E Tools Co.,Ltd.,
14.3.4 Vessel
14.3.5 Action
14.3.6 NAC
14.3.7 BOSCH
14.3.8 Wiha
14.3.9 Zhejiang Aote Tools Co., Ltd
14.3.10 Stanley Black & Decker
14.3.11 Wera
14.3.12 Makita Corporation
14.3.13 MASTERPROOF
