A 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.
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Key players in the global torque wrenches market: Actuant, Apex Tool Group, Atlas Copco, Snap-on, Stanley Black & Decker, andTOHNICHI Mfg.
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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.
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The market is divided into the following segments based on geography:
The latest trend gaining momentum in the Torque Wrenches 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.
According to the Torque Wrenches market report, 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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Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
Market segmentation analysis
PART 05: MARKET SIZING
Market sizing 2017
Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
PART 07: MARKET SEGMENTATION BY PRODUCT
Segmentation by product
Comparison by product
Manual torque wrenches Market size and forecast 2017-2022
Powered torque wrenches Market size and forecast 2017-2022
Market opportunity by product
PART 08: CUSTOMER LANDSCAPE
PART 09: MARKET SEGMENTATION BY END-USER
Segmentation by end-user
Comparison by end-user
General industry Market size and forecast 2017-2022
Automotive Market size and forecast 2017-2022
Construction Market size and forecast 2017-2022
Aerospace Market size and forecast 2017-2022
Market opportunity by end-user
PART 10: REGIONAL LANDSCAPE
APAC Market size and forecast 2017-2022
Americas Market size and forecast 2017-2022
EMEA Market size and forecast 2017-2022
Key leading countries
PART 11: DECISION FRAMEWORK
PART 12: DRIVERS AND CHALLENGES
PART 13: MARKET TRENDS
Growing adoption of cordless torque wrench
Li-ion batteries replacing Ni-Cd batteries in cordless tools
PART 14: VENDOR LANDSCAPE
PART 15: VENDOR ANALYSIS
Market positioning of vendors
Apex Tool Group
Stanley Black & Decker
PART 16: APPENDIX
List of abbreviations