The growth of the DC torque tool market is propelled by various factors such as the increasing sales of commercial and passenger vehicles, the adoption of Industry 4.0 accelerates the use of DC torque tools. Moreover, the advent of DC brushless motors and Li–ion batteries has helped the DC torque tool market to evolve.
Scope of the Report:
This report focuses on the DC Torque Tool in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The energy industry is expected to drive the growth of the DC torque tool market owing to the huge growth in the wind energy industry. According to the Global Wind Energy Council (GWEC), at the end of 2016, the worldwide total installed capacity of wind energy was 486,790 MW, which has grown about 12% from the previous year. Typically, the wind industry requirement for high torque fastening is fulfilled by pneumatic tools. However, the development of powerful tools and benefits such as quality control, ergonomics, and convenience offered by cordless power tools, especially in offshore wind installation, are some key factors driving the growth of the said market.
The worldwide market for DC Torque Tool is expected to grow at a CAGR of roughly 3.5% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
Atlas Copco AB
Apex Tool Group, LLC
Stanley Bla ...
Table of Contents
1 Market Overview
1.1 DC Torque Tool Introduction
1.2 Market Analysis by Type
1.3 Market Analysis by Applications
1.3.1 Handheld Tools
1.3.2 Fixtured Tools
1.4 Market Analysis by Regions
1.4.1 North America (United States, Canada and Mexico)
18.104.22.168 United States Market States and Outlook (2013-2023)
22.214.171.124 Canada Market States and Outlook (2013-2023)
126.96.36.199 Mexico Market States and Outlook (2013-2023)
1.4.2 Europe (Germany, France, UK, Russia and Italy)
188.8.131.52 Germany Market States and Outlook (2013-2023)
184.108.40.206 France Market States and Outlook (2013-2023)
220.127.116.11 UK Market States and Outlook (2013-2023)
18.104.22.168 Russia Market States and Outlook (2013-2023)
22.214.171.124 Italy Market States and Outlook (2013-2023)
1.4.3 Asia-Pacific (China, Japan, Korea, India and Southeast As ...