A torque screwdriver is a screwdriver with components that ensure tightening to a specified torque, ensuring tightening which is sufficient, but not excessive. An insufficiently tightened screw connection may loosen in operation, and excessive tightening can damage parts; for example, if the nuts holding the wheel of a car in place are too loose, or damaged by overtightening, a wheel may come off at speed. Torque screwdrivers are used in mechanical production, manufacturing, and maintenance; their use is part of quality assurance.
The Torque Screwdrivers market was valued at xx Million US$ in 2020 and is projected to reach xx Million US$ by 2026, at a CAGR of xx% during the forecast period. In this study, 2020 has been considered as the base year and 2021 to 2026 as the forecast period to estimate the market size for Torque Screwdrivers.
This report covers the present status and the future prospects of the global Torque Screwdrivers market for 2015-2026.
The report offers detailed coverage of Torque Screwdrivers industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Torque Screwdrivers by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
TTI, Hilti, Kawasaki, CDI Torque Products, Klein Tools, Capri Tools, Wiha, Powerbuilt, Wera, Tohnichi, Schneider Electric, Mountz, Matatakitoyo, Gedore Torque, Norbar, Ingersoll Rand
Market Segment as follows:
Market by Order Type
Electric Torque Screwdriver
Manual Torque Screwdriver
Torque Screwdrivers Breakdown Data by Application
Automotive
Engineering & Construction
Machinery Manufacturing
Shipping & Aerospace
Other
Torque Screwdrivers market while maintaining their competitive edge over their competitors. The report offers detailed and crucial information to understand the overall market scenario.
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Torque Screwdrivers market for the forecast period 2021 - 2026?
• What are the driving forces in the Torque Screwdrivers market for the forecast period 2021 - 2026?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Torque Screwdrivers industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?
Note – In order to provide more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19.