HTF MI published a new industry research that focuses on Torque Wrenches market and delivers in-depth market analysis and future prospects of Global Torque Wrenches market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. The study is segmented by Application/ end users [General industry, Automotive, Construction & Aerospace], products type [Manual torque wrenches & Powered torque wrenches] and various important geographies like Americas, APAC & EMEA].
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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.
“The analysts forecast the global torque wrenches market to grow at a CAGR of 4.69% during the period 2018-2022.”
Growing automotive industry
Volatility in raw material prices and rising labor costs
The research covers the current market size of the Global Torque Wrenches market and its growth rates based on 5 year history data along with company profile of key players/manufacturers. The in-depth information by segments of Torque Wrenches market helps monitor future profitability & to make critical decisions for growth. The information on trends and developments, focuses on markets and materials, capacities, technologies, CAPEX cycle and the changing structure of the Global Torque Wrenches Market.
The study provides company profiling, product picture and specifications, sales, market share and contact information of key manufacturers of Global Torque Wrenches Market, some of them listed here are Actuant, Apex Tool Group, Atlas Copco, Snap-on & Stanley Black & Decker. The market is growing at a very rapid pace and with rise in technological innovation, competition and M&A activities in the industry many local and regional vendors are offering specific application products for varied end-users. The new manufacturer entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Global Torque Wrenches (Thousands Units) and Revenue (Million USD) Market Split by Product Type such as Manual torque wrenches & Powered torque wrenches. Further the research study is segmented by Application such as General industry, Automotive, Construction & Aerospace with historical and projected market share and compounded annual growth rate.
Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Torque Wrenches in these regions, from 2012 to 2022 (forecast), covering Americas, APAC & EMEA and its Share (%) and CAGR for the forecasted period 2017 to 2022.
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Following would be the Chapters to display the Global Torque Wrenches market.
Chapter 1, to describe Definition, Specifications and Classification of Torque Wrenches, Applications of Torque Wrenches, Market Segment by Regions;
Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure;
Chapter 3, to display the Technical Data and Manufacturing Plants Analysis of Torque Wrenches, Capacity and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis;
Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment);
Chapter 5 and 6, to show the Regional Market Analysis that includes Americas, APAC & EMEA, Torque Wrenches Segment Market Analysis (by Type);
Chapter 7 and 8, to analyze the Torque Wrenches Segment Market Analysis (by Application) Major Manufacturers Analysis of Torque Wrenches;
Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type [Manual torque wrenches & Powered torque wrenches], Market Trend by Application [General industry, Automotive, Construction & Aerospace];
Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis;
Chapter 11, to analyze the Consumers Analysis of Global Torque Wrenches;
Chapter 12,13, 14 and 15, to describe Torque Wrenches sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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What this Research Study Offers:
Global Torque Wrenches Market share assessments for the regional and country level segments
Market share analysis of the top industry players
Strategic recommendations for the new entrants
Market forecasts for a minimum of 5 years of all the mentioned segments, sub segments and the regional markets
Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
Strategic recommendations in key business segments based on the market estimations
Competitive landscaping mapping the key common trends
Company profiling with detailed strategies, financials, and recent developments
Supply chain trends mapping the latest technological advancements
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Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics
It provides a forward looking perspective on different factors driving or restraining market growth
It provides a six-year forecast assessed on the basis of how the market is predicted to grow
It helps in understanding the key product segments and their future
It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors
It helps in making informed business decisions by having complete insights of market and by making in-depth analysis of market segments
Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.