Torque Screwdriver Market Size, Market Trends and Industry Growth Factors and Forecast To 2023

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Summary

This report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Press Release

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 over tightening, a wheel may come off at speed. Torque screwdrivers are used in mechanical production, manufacturing, and maintenance; their use is part of quality assurance.

According to this study, over the next five years the Torque Screwdrivers market will register a –% CAGR in terms of revenue, the global market size will reach US $$ million by 2023, from US $$ million in 2017. In particular, this report presents the global market share sales and revenue of key companies in Torque Screwdrivers business, shared in Chapter 3.

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This report presents a comprehensive overview, market shares, and growth opportunities of Torque Screwdrivers market by product type, application, key manufacturers and key regions and countries.

This study considers the Torque Screwdrivers value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2013 to 2018, in Section 2.3; and forecast to 2023 in section 11.7.

Electric Torque Screwdriver
Manual Torque Screwdriver

Segmentation by application: breakdown data from 2013 to 2018, in Section 2.4; and forecast to 2023 in section 11.8.

Automotive
Engineering & Construction
Machinery Manufacturing
Shipping & Aerospace
Other

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This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

America
APAC
Europe
Middle East & Africa
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

TTI
Hilti
Kawasaki
CDI Torque Products
Klein Tools
Capri Tools
Wiha
Powerbuilt
Wera
Tohnichi
Schneider Electric
Mountz
Matatakitoyo
Gedore Torque
Norbar
Ingersoll Rand

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Research objectives:

To study and analyze the global Torque Screwdrivers consumption value & volume by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Torque Screwdrivers market by identifying its various subsegments.
Focuses on the key global Torque Screwdrivers manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Torque Screwdrivers with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market growth potential, opportunities, drivers, industry-specific challenges and risks .
To project the consumption of Torque Screwdrivers submarkets, with respect to key regions along with their respective key countries .
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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