Please Wait.....
Report
DC Torque Tool Market by Handheld Tool (Nutrunners, Screwdrivers, Torque Wrenches, Impact Wrenches), Fixtured Tool, Power Source (Corded, Cordless), Control System (Transducer, Current), Industry and Region - Global Forecast to 2029
Market Report I 2024-07-01 I 219 Pages I MarketsandMarkets
The DC torque tool market is expected to reach USD 4.4 billion by 2029 from USD 3.6 billion in 2024, at a CAGR of 3.7% from 2024-2029. Rising automation and data exchange in manufacturing sector, Growing emphasis on precise torque measurements to meet stringent aviation standards, Surging demand for electric fastening tools for motor vehicles, Rapid infrastructure development and industrialization in emerging economies.
"Electric torque wrenches segment is to hold the largest market share of DC torque tool market in 2023."
Many handheld electric torque wrenches come with advanced features such as programmable torque settings, data logging, and wireless connectivity, aligning with modern manufacturing needs. These tools offer real-time monitoring and feedback, which enhances quality control and traceability. The flexibility, ease of use, precision, technological integration, efficiency, and alignment with industry trends towards automation and quality control. Furthermore, their ergonomic design, safety features, and versatility in a variety of applications help to fuel their growing appeal in modern manufacturing and assembly operations.
"Automotive Industry is to hold the largest market share of DC torque tool market in 2023 "
Automotive dominates the DC torque tool market, with the greatest market share, owing to a growth in motor vehicle production and sales in 2023. The largest market for DC torque tools is the automotive industry, which requires high precision, efficiency, and adherence to strict quality requirements in assembly operations. The industry's concentration on automation, the rise of electric vehicles, and high production numbers all help to drive demand for these devices. Furthermore, the use of DC torque tools in maintenance and aftermarket services ensures their widespread adoption within the automotive sector.
"The US in holds the largest market share of DC torque tool market in 2023."
North America comprises the US, Canada, and Mexico. The US is the leading country in North America, accounting for the largest market share. In the US, rapid adoption of technologies and product development are estimated to play a significant role in market growth. As a global innovation leader, particularly in precise engineering and manufacturing, the US is constantly improving DC torque tools' accuracy, efficiency, and integration capabilities. Automotive, aerospace, electronics, and equipment industries rely significantly on these tools for assembly, maintenance, and quality control, owing to high requirements and an emphasis on efficiency.
The growth of the market in US is also attributed to presence of prominent market players such as Stanley Black & Decker, Inc. (US), Apex Tool Group, LLC (US), and Ingersoll Rand (US).
The break-up of the profiles of primary participants:
- By Company Type - Tier 1 - 30%, Tier 2 - 35%, and Tier 3 - 35%
- By Designation - C-level Executives - 55%, Directors - 30%, and Others - 15%
- By Region - North America - 35%, Europe - 20%, Asia Pacific - 35%, and Rest of the World - 10%
Major players in the DC torque tool market include Atlas Copco AB (Sweden); Apex Tool Group, LLC (US); Ingersoll Rand (US); Stanley Black & Decker, Inc. (US); Robert Bosch GmbH (Germany), and others.
Research Coverage
The report segments the DC torque tool market by Tool Type, Power Source, Control System, Industry and Region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall DC torque tool market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.
The report provides insights on the following pointers:
- Analysis of critical drivers (Rising automation and data exchange in manufacturing sector, Growing emphasis on precise torque measurements to meet stringent aviation standards, Surging demand for electric fastening tools for motor vehicles, Rapid infrastructure development and industrialization in emerging economies.), restraints (High costs and safety risks associated with DC torque tools), opportunities (Increasing demand for smart and connected DC torque tools, Growing preference for renewable energy), challenges (Overheating and duty cycle constraints in high-torque operations, Staying compliant with existing trade policies and safety regulations) influencing the growth of the DC torque tool market.
- Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the DC torque tool market.
- Market Development: Comprehensive information about lucrative markets - the report analyses the DC torque tool market across various regions.
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the DC torque tool market.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like include Atlas Copco AB (Sweden), Apex Tool Group, LLC (US), Ingersoll Rand (US), Stanley Black & Decker, Inc. (US), Robert Bosch GmbH (Germany), and others.
1 INTRODUCTION 31
1.1 STUDY OBJECTIVES 31
1.2 MARKET DEFINITION 31
1.3 STUDY SCOPE 32
1.3.1 MARKETS COVERED 32
FIGURE 1 DC TORQUE TOOL MARKET SEGMENTATION 32
1.3.2 INCLUSIONS AND EXCLUSIONS 32
1.3.3 REGIONAL SCOPE 33
1.3.4 YEARS CONSIDERED 33
1.4 CURRENCY CONSIDERED 34
1.5 UNITS CONSIDERED 34
1.6 STAKEHOLDERS 34
1.7 SUMMARY OF CHANGES 35
1.8 IMPACT OF RECESSION 35
2 RESEARCH METHODOLOGY 36
2.1 RESEARCH DATA 36
FIGURE 2 DC TORQUE TOOL MARKET: RESEARCH DESIGN 36
2.1.1 SECONDARY DATA 37
2.1.1.1 List of key secondary sources 37
2.1.1.2 Key data from secondary sources 37
2.1.2 PRIMARY DATA 38
2.1.2.1 Breakdown of primaries 38
2.1.2.2 List of primary interview participants 38
2.1.2.3 Key data from primary sources 39
2.1.2.4 Key industry insights 39
2.1.3 SECONDARY AND PRIMARY RESEARCH 40
2.2 MARKET SIZE ESTIMATION METHODOLOGY 40
2.2.1 BOTTOM-UP APPROACH 41
2.2.1.1 Approach to arrive at market size using bottom-up analysis (demand side) 41
FIGURE 3 DC TORQUE TOOL MARKET: BOTTOM-UP APPROACH 41
2.2.2 TOP-DOWN APPROACH 41
2.2.2.1 Approach to arrive at market size using top-down analysis (supply side) 42
FIGURE 4 DC TORQUE TOOL MARKET: TOP-DOWN APPROACH 42
FIGURE 5 DC TORQUE TOOL MARKET SIZE ESTIMATION METHODOLOGY 43
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION 44
FIGURE 6 DC TORQUE TOOL MARKET: DATA TRIANGULATION 44
2.4 RESEARCH ASSUMPTIONS 45
FIGURE 7 DC TORQUE TOOL MARKET: RESEARCH ASSUMPTIONS 45
2.5 RISK ASSESSMENT 45
FIGURE 8 DC TORQUE TOOL MARKET: RISK ASSESSMENT 45
2.6 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON DC TORQUE TOOL MARKET 46
TABLE 1 PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON DC TORQUE TOOL MARKET 46
2.7 RESEARCH LIMITATIONS 46
3 EXECUTIVE SUMMARY 47
FIGURE 9 DC TORQUE TOOL MARKET SIZE, 2020?2029 (USD MILLION) 47
FIGURE 10 HANDHELD TOOLS TO ACCOUNT FOR LARGER MARKET SHARE IN 2029 48
FIGURE 11 CORDED SEGMENT HELD LARGER MARKET SHARE IN 2023 48
FIGURE 12 TRANSDUCER CONTROL TOOLS TO DOMINATE MARKET DURING FORECAST PERIOD 49
FIGURE 13 AUTOMOTIVE SEGMENT TO RECORD HIGHEST CAGR BETWEEN 2024 AND 2029 49
FIGURE 14 ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN GLOBAL DC TORQUE TOOL MARKET FROM 2024 TO 2029 50
4 PREMIUM INSIGHTS 51
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DC TORQUE TOOL MARKET 51
FIGURE 15 RAPID INDUSTRIALIZATION AND ECONOMIC GROWTH TO CREATE LUCRATIVE OPPORTUNITIES FOR PLAYERS IN DC TORQUE TOOL MARKET 51
4.2 DC TORQUE TOOL MARKET, BY HANDHELD TOOL 51
FIGURE 16 ELECTRIC TORQUE WRENCHES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 51
4.3 DC TORQUE TOOL MARKET, BY CONTROL SYSTEM 52
FIGURE 17 TRANSDUCER CONTROL TOOLS HELD LARGER SHARE OF DC TORQUE TOOL MARKET IN 2023 52
4.4 DC TORQUE TOOL MARKET, BY INDUSTRY 52
FIGURE 18 AUTOMOTIVE SEGMENT TO DOMINATE DC TORQUE TOOL MARKET DURING FORECAST PERIOD 52
4.5 DC TORQUE TOOL MARKET, BY COUNTRY 53
FIGURE 19 INDIA TO WITNESS HIGHEST CAGR IN GLOBAL DC TORQUE TOOL MARKET FROM 2024 TO 2029 53
5 MARKET OVERVIEW 54
5.1 INTRODUCTION 54
5.2 MARKET DYNAMICS 54
FIGURE 20 DC TORQUE TOOL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 54
5.2.1 DRIVERS 55
5.2.1.1 Rising automation and data exchange in manufacturing sector 55
5.2.1.2 Growing emphasis on precise torque measurements to meet stringent aviation standards 55
5.2.1.3 Surging demand for electric fastening tools for motor vehicles 55
FIGURE 21 MOTOR VEHICLE SALES, 2019-2023 (MILLION UNITS) 56
5.2.1.4 Rapid infrastructure development and industrialization in emerging economies 56
FIGURE 22 IMPACT ANALYSIS: DRIVERS 57
5.2.2 RESTRAINTS 57
5.2.2.1 High costs and safety risks associated with DC torque tools 57
FIGURE 23 IMPACT ANALYSIS: RESTRAINTS 57
5.2.3 OPPORTUNITIES 58
5.2.3.1 Increasing demand for smart and connected DC torque tools 58
5.2.3.2 Growing preference for renewable energy 58
FIGURE 24 GLOBAL WIND POWER INSTALLATION CAPACITY, 2016-2022 (GW) 58
FIGURE 25 IMPACT ANALYSIS: OPPORTUNITIES 59
5.2.4 CHALLENGES 59
5.2.4.1 Overheating and duty cycle constraints in high-torque operations 59
5.2.4.2 Staying complaint with existing trade policies and safety regulations 60
FIGURE 26 IMPACT ANALYSIS: CHALLENGES 60
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES 60
FIGURE 27 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS' BUSINESSES 61
5.4 PRICING ANALYSIS 61
5.4.1 AVERAGE SELLING PRICE TREND, BY HANDHELD TOOL 61
FIGURE 28 AVERAGE SELLING PRICE TREND, BY HANDHELD TOOL, 2020?2023 (USD) 61
5.4.2 AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY HANDHELD TOOL 62
FIGURE 29 AVERAGE SELLING PRICE TREND OF DC TORQUE HANDHELD TOOLS OFFERED BY KEY PLAYERS (USD) 62
TABLE 2 AVERAGE SELLING PRICE TREND OF DC TORQUE HANDHELD TOOLS OFFERED BY KEY PLAYERS (USD) 62
5.4.3 INDICATIVE PRICING TREND, BY REGION 63
FIGURE 30 INDICATIVE PRICING TREND OF HANDHELD TOOLS, BY REGION, 2021-2023 (USD) 63
TABLE 3 INDICATIVE PRICING TREND OF HANDHELD TOOLS, BY REGION, 2021-2023 (USD) 63
5.5 VALUE CHAIN ANALYSIS 64
FIGURE 31 VALUE CHAIN ANALYSIS 64
5.6 ECOSYSTEM ANALYSIS 65
FIGURE 32 ECOSYSTEM ANALYSIS 65
TABLE 4 ROLE OF COMPANIES IN DC TORQUE TOOL ECOSYSTEM 66
5.7 TECHNOLOGY ANALYSIS 67
5.7.1 KEY TECHNOLOGIES 67
5.7.1.1 Electric motors 67
5.7.1.2 Torque-sensing and control systems 67
?
5.7.2 COMPLEMENTARY TECHNOLOGIES 68
5.7.2.1 Industry 4.0 and Internet of Things (IoT) 68
5.7.2.2 Ergonomics and human-machine interface (HMI) 68
5.7.2.3 Data analytics and cloud computing 68
5.7.3 ADJACENT TECHNOLOGIES 69
5.7.3.1 Precision engineering and manufacturing 69
5.7.3.2 Material science 69
5.8 PATENT ANALYSIS 70
FIGURE 33 PATENTS APPLIED AND GRANTED, 2014-2023 70
TABLE 5 LIST OF PATENTS, 2021-2024 71
5.9 TRADE ANALYSIS 72
5.9.1 IMPORT SCENARIO (HS CODE 846729) 72
FIGURE 34 IMPORT DATA FOR HS CODE 846729-COMPLIANT PRODUCTS, BY COUNTRY, 2019?2023 (USD MILLION) 72
5.9.2 EXPORT SCENARIO (HS CODE 846729) 73
FIGURE 35 EXPORT DATA FOR HS CODE 846729-COMPLIANT PRODUCTS, BY COUNTRY, 2019?2023 (USD MILLION) 73
5.10 KEY CONFERENCES AND EVENTS, 2024-2025 73
TABLE 6 LIST OF KEY CONFERENCES AND EVENTS, 2024-2025 73
5.11 CASE STUDY ANALYSIS 75
5.11.1 BERGSTROM INC. INTEGRATES MOUNTZ ERROR-PROOFING TOOLS TO ENSURE PRECISION AND RELIABILITY IN AUTOMOTIVE MANUFACTURING 75
5.11.2 ATLAS COPCO GROUP RECOMMENDS CUSTOMERS TO IMPLEMENT ELECTRIC DC TORQUE TOOLS TO ADDRESS FASTENING ISSUES 75
5.11.3 TOYOTA MOTOR CORPORATION IMPLEMENTS ENCORE SYSTEMS' DC TORQUE TOOLS TO IMPROVE AUTOMOTIVE ASSEMBLY 76
5.12 TARIFF AND REGULATORY LANDSCAPE 76
5.12.1 TARIFF ANALYSIS 76
TABLE 7 MFN TARIFF FOR HS CODE 846729-COMPLIANT PRODUCTS EXPORTED BY US, 2023 76
5.12.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 8 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 9 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 77
TABLE 10 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 78
TABLE 11 ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 79
5.12.3 STANDARDS 79
TABLE 12 STANDARDS RELATED TO DC TORQUE TOOLS 79
5.13 PORTER'S FIVE FORCES ANALYSIS 81
FIGURE 36 PORTER'S FIVE FORCES ANALYSIS 81
TABLE 13 PORTER'S FIVE FORCES ANALYSIS 81
5.13.1 INTENSITY OF COMPETITIVE RIVALRY 82
5.13.2 BARGAINING POWER OF SUPPLIERS 82
5.13.3 BARGAINING POWER OF BUYERS 82
5.13.4 THREAT OF SUBSTITUTES 82
5.13.5 THREAT OF NEW ENTRANTS 82
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 83
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 83
FIGURE 37 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES 83
TABLE 14 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%) 83
5.14.2 BUYING CRITERIA 84
FIGURE 38 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES 84
TABLE 15 KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES 84
6 DC TORQUE TOOL MARKET, BY TOOL TYPE 85
6.1 INTRODUCTION 86
FIGURE 39 DC TORQUE TOOL MARKET, BY TOOL TYPE 86
FIGURE 40 HANDHELD TOOLS SEGMENT TO WITNESS HIGHER CAGR FROM 2024 TO 2029 86
TABLE 16 DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 87
TABLE 17 DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 87
6.2 HANDHELD TOOLS 87
TABLE 18 HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY TYPE, 2020-2023 (USD MILLION) 88
TABLE 19 HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY TYPE, 2024-2029 (USD MILLION) 88
TABLE 20 HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY TYPE, 2020-2023 (THOUSAND UNITS) 88
TABLE 21 HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY TYPE, 2024-2029 (THOUSAND UNITS) 89
TABLE 22 HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 89
TABLE 23 HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 89
TABLE 24 HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 90
TABLE 25 HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 90
6.2.1 ELECTRIC NUTRUNNERS 90
6.2.1.1 Accuracy and low energy consumption attributes to foster segmental growth 90
TABLE 26 ELECTRIC NUTRUNNERS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 91
TABLE 27 ELECTRIC NUTRUNNERS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 91
6.2.2 ELECTRIC SCREWDRIVERS 91
6.2.2.1 Need for quality assurance services to meet regulatory requirements to augment segmental growth 91
TABLE 28 ELECTRIC SCREWDRIVERS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 92
TABLE 29 ELECTRIC SCREWDRIVERS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 92
6.2.3 ELECTRIC TORQUE WRENCHES 92
6.2.3.1 Integration into automated assembly systems for manufacturing process optimization to drive market 92
TABLE 30 ELECTRIC TORQUE WRENCHES: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 93
TABLE 31 ELECTRIC TORQUE WRENCHES: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 93
6.2.4 ELECTRIC IMPACT WRENCHES 93
6.2.4.1 Ease of use and operation to contribute to segmental growth 93
TABLE 32 ELECTRIC IMPACT WRENCHES: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 94
TABLE 33 ELECTRIC IMPACT WRENCHES: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 94
6.2.5 OTHER HANDHELD TOOLS 94
TABLE 34 OTHER HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 95
TABLE 35 OTHER HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 95
6.3 FIXTURED TOOLS 95
6.3.1 REQUIREMENT FOR ACCURATE TORQUE TOOLS IN AUTOMOTIVE ASSEMBLY LINES TO ACCELERATE SEGMENTAL GROWTH 95
TABLE 36 FIXTURED TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 96
TABLE 37 FIXTURED TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 96
TABLE 38 FIXTURED TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 96
TABLE 39 FIXTURED TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 97
7 DC TORQUE TOOL MARKET, BY POWER SOURCE 98
7.1 INTRODUCTION 99
FIGURE 41 DC TORQUE TOOL MARKET, BY POWER SOURCE 99
FIGURE 42 CORDLESS SEGMENT TO EXHIBIT HIGHER CAGR BETWEEN 2024 AND 2029 99
TABLE 40 DC TORQUE TOOL MARKET, BY POWER SOURCE, 2020-2023 (USD MILLION) 100
TABLE 41 DC TORQUE TOOL MARKET, BY POWER SOURCE, 2024-2029 (USD MILLION) 100
7.2 CORDED TOOLS 100
7.2.1 USE IN HEAVY-DUTY APPLICATIONS REQUIRING HIGH TORQUE TO BOOST SEGMENTAL GROWTH 100
?
7.3 CORDLESS TOOLS 101
7.3.1 ADVANCES IN BATTERY TECHNOLOGY TO FACILITATE SEGMENTAL GROWTH 101
8 DC TORQUE TOOL MARKET, BY CONTROL SYSTEM 102
8.1 INTRODUCTION 103
FIGURE 43 DC TORQUE TOOL MARKET, BY CONTROL SYSTEM 103
FIGURE 44 TRANSDUCER CONTROL TOOLS SEGMENT TO REGISTER HIGHER CAGR FROM 2024 TO 2029 103
TABLE 42 DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020-2023 (USD MILLION) 104
TABLE 43 DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024-2029 (USD MILLION) 104
8.2 TRANSDUCER CONTROL TOOLS 104
8.2.1 REQUIREMENT FOR PRECISE TORQUE CONTROL IN AUTOMOTIVE AND AEROSPACE MANUFACTURING TO FUEL SEGMENTAL GROWTH 104
TABLE 44 TRANSDUCER CONTROL TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 105
TABLE 45 TRANSDUCER CONTROL TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 105
8.3 CURRENT CONTROL TOOLS 105
8.3.1 EASE OF USE AND LOW MAINTENANCE REQUIREMENTS TO AUGMENT SEGMENTAL GROWTH 105
TABLE 46 CURRENT CONTROL TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 106
TABLE 47 CURRENT CONTROL TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 106
9 DC TORQUE TOOL MARKET, BY INDUSTRY 107
9.1 INTRODUCTION 108
FIGURE 45 DC TORQUE TOOL MARKET, BY INDUSTRY 108
FIGURE 46 AUTOMOTIVE INDUSTRY TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD 109
TABLE 48 DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 109
TABLE 49 DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 109
9.2 AUTOMOTIVE 110
9.2.1 GROWING EMPHASIS ON SMART MANUFACTURING AND AUTOMATION TO BOOST SEGMENTAL GROWTH 110
FIGURE 47 GLOBAL PASSENGER VEHICLE SALES, 2019-2023 (MILLION UNITS) 111
FIGURE 48 GLOBAL COMMERCIAL VEHICLE SALES, 2019-2023 (MILLION UNITS) 111
TABLE 50 AUTOMOTIVE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 112
TABLE 51 AUTOMOTIVE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 112
TABLE 52 AUTOMOTIVE: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020-2023 (USD MILLION) 112
TABLE 53 AUTOMOTIVE: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024-2029 (USD MILLION) 113
TABLE 54 AUTOMOTIVE: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 113
TABLE 55 AUTOMOTIVE: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 113
9.3 AEROSPACE 114
9.3.1 INCREASING NEED TO COMPLY WITH STRINGENT SAFETY STANDARDS TO CONTRIBUTE TO SEGMENTAL GROWTH 114
TABLE 56 AEROSPACE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 114
TABLE 57 AEROSPACE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 114
TABLE 58 AEROSPACE: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020-2023 (USD MILLION) 115
TABLE 59 AEROSPACE: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024-2029 (USD MILLION) 115
TABLE 60 AEROSPACE: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 115
TABLE 61 AEROSPACE: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 116
9.4 CONSUMER ELECTRONICS & APPLIANCES 116
9.4.1 RISING FOCUS ON PREVENTING MALFUNCTIONS AND FIRE HAZARDS TO FOSTER SEGMENTAL GROWTH 116
TABLE 62 CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 116
TABLE 63 CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 116
TABLE 64 CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020-2023 (USD MILLION) 117
TABLE 65 CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024-2029 (USD MILLION) 117
TABLE 66 CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 117
TABLE 67 CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 118
9.5 ENERGY 118
9.5.1 GROWING COMPLEXITY OF POWER GENERATION TO FUEL SEGMENTAL GROWTH 118
TABLE 68 ENERGY: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 118
TABLE 69 ENERGY: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 118
TABLE 70 ENERGY: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020-2023 (USD MILLION) 119
TABLE 71 ENERGY: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024-2029 (USD MILLION) 119
TABLE 72 ENERGY: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 119
TABLE 73 ENERGY: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 120
?
9.6 SHIPBUILDING 120
9.6.1 RAPID TECHNOLOGICAL INNOVATION AND DESIGN OPTIMIZATION TO ACCELERATE SEGMENTAL GROWTH 120
TABLE 74 SHIPBUILDING: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 120
TABLE 75 SHIPBUILDING: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 120
TABLE 76 SHIPBUILDING: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020-2023 (USD MILLION) 121
TABLE 77 SHIPBUILDING: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024-2029 (USD MILLION) 121
TABLE 78 SHIPBUILDING: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 121
TABLE 79 SHIPBUILDING: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 122
9.7 OTHER INDUSTRIES 122
TABLE 80 OTHER INDUSTRIES: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 122
TABLE 81 OTHER INDUSTRIES: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 122
TABLE 82 OTHER INDUSTRIES: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020-2023 (USD MILLION) 123
TABLE 83 OTHER INDUSTRIES: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024-2029 (USD MILLION) 123
TABLE 84 OTHER INDUSTRIES: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 123
TABLE 85 OTHER INDUSTRIES: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 124
10 DC TORQUE TOOL MARKET, BY REGION 125
10.1 INTRODUCTION 126
FIGURE 49 INDIA TO REGISTER HIGHEST CAGR IN GLOBAL DC TORQUE MARKET DURING FORECAST PERIOD 126
FIGURE 50 ASIA PACIFIC TO DOMINATE GLOBAL DC TORQUE TOOL MARKET FROM 2024 TO 2029 126
TABLE 86 DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 127
TABLE 87 DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 127
10.2 NORTH AMERICA 128
10.2.1 RECESSION IMPACT ON DC TORQUE TOOL MARKET IN NORTH AMERICA 128
FIGURE 51 NORTH AMERICA: DC TORQUE TOOL MARKET SNAPSHOT 129
TABLE 88 NORTH AMERICA: DC TORQUE TOOL MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 129
TABLE 89 NORTH AMERICA: DC TORQUE TOOL MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 130
TABLE 90 NORTH AMERICA: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 130
TABLE 91 NORTH AMERICA: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 130
TABLE 92 NORTH AMERICA: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020-2023 (USD MILLION) 130
TABLE 93 NORTH AMERICA: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024-2029 (USD MILLION) 131
TABLE 94 NORTH AMERICA: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 131
TABLE 95 NORTH AMERICA: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 131
10.2.2 US 132
10.2.2.1 Growing use of fastening tools in automobile assembly and production lines to drive market 132
10.2.3 CANADA 132
10.2.3.1 Increasing investment in construction projects to augment market growth 132
10.2.4 MEXICO 132
10.2.4.1 Rising automobile and aircraft manufacturing to contribute to market growth 132
10.3 EUROPE 133
10.3.1 RECESSION IMPACT ON DC TORQUE TOOL MARKET IN EUROPE 133
FIGURE 52 EUROPE: DC TORQUE TOOL MARKET SNAPSHOT 134
TABLE 96 EUROPE: DC TORQUE TOOL MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 134
TABLE 97 EUROPE: DC TORQUE TOOL MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 135
TABLE 98 EUROPE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 135
TABLE 99 EUROPE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 135
TABLE 100 EUROPE: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020-2023 (USD MILLION) 135
TABLE 101 EUROPE: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024-2029 (USD MILLION) 136
TABLE 102 EUROPE: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 136
TABLE 103 EUROPE: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 136
10.3.2 GERMANY 137
10.3.2.1 Increasing car registration and manufacturing to foster market growth 137
10.3.3 FRANCE 137
10.3.3.1 Rising house renovation and remodeling activities to accelerate market growth 137
10.3.4 UK 137
10.3.4.1 Increasing investment in infrastructure development projects to boost market growth 137
10.3.5 SPAIN 138
10.3.5.1 Mounting wind power installations to contribute to market growth 138
10.3.6 REST OF EUROPE 138
10.4 ASIA PACIFIC 138
10.4.1 RECESSION IMPACT ON DC TORQUE TOOL MARKET IN ASIA PACIFIC 138
FIGURE 53 ASIA PACIFIC: DC TORQUE TOOL MARKET SNAPSHOT 139
TABLE 104 ASIA PACIFIC: DC TORQUE TOOL MARKET, BY COUNTRY, 2020-2023 (USD MILLION) 140
TABLE 105 ASIA PACIFIC: DC TORQUE TOOL MARKET, BY COUNTRY, 2024-2029 (USD MILLION) 140
TABLE 106 ASIA PACIFIC: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 140
TABLE 107 ASIA PACIFIC: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 140
TABLE 108 ASIA PACIFIC: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020-2023 (USD MILLION) 141
TABLE 109 ASIA PACIFIC: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024-2029 (USD MILLION) 141
TABLE 110 ASIA PACIFIC: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 141
TABLE 111 ASIA PACIFIC: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 142
10.4.2 CHINA 142
10.4.2.1 Increasing sales of motor vehicles to contribute to market growth 142
10.4.3 JAPAN 143
10.4.3.1 Growing export of large construction vehicles to boost market growth 143
10.4.4 INDIA 143
10.4.4.1 Rapid industrialization and manufacturing sector growth to drive market 143
10.4.5 REST OF ASIA PACIFIC 144
10.5 ROW 144
10.5.1 RECESSION IMPACT ON DC TORQUE TOOL MARKET IN ROW 144
TABLE 112 ROW: DC TORQUE TOOL MARKET, BY REGION, 2020-2023 (USD MILLION) 144
TABLE 113 ROW: DC TORQUE TOOL MARKET, BY REGION, 2024-2029 (USD MILLION) 145
TABLE 114 ROW: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020-2023 (USD MILLION) 145
TABLE 115 ROW: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024-2029 (USD MILLION) 145
TABLE 116 ROW: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020-2023 (USD MILLION) 145
TABLE 117 ROW: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024-2029 (USD MILLION) 146
TABLE 118 ROW: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020-2023 (USD MILLION) 146
TABLE 119 ROW: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024-2029 (USD MILLION) 146
10.5.2 SOUTH AMERICA 147
10.5.2.1 Rising enforcement of stringent regulations to ensure manufacturing safety to fuel market growth 147
10.5.3 MIDDLE EAST 147
10.5.3.1 Burgeoning investment in vehicle assembly and component manufacturing to drive market 147
10.5.3.2 GCC countries 147
10.5.3.3 Rest of Middle East 147
10.5.4 AFRICA 148
10.5.4.1 Government-led initiatives to promote industrialization to accelerate market growth 148
11 COMPETITIVE LANDSCAPE 149
11.1 OVERVIEW 149
11.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021?2024 149
TABLE 120 DC TORQUE TOOL MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021-2024 149
11.3 REVENUE ANALYSIS, 2019-2023 150
FIGURE 54 DC TORQUE TOOL MARKET: REVENUE ANALYSIS OF FOUR KEY PLAYERS, 2019-2023 150
11.4 MARKET SHARE ANALYSIS, 2023 151
TABLE 121 DC TORQUE TOOL MARKET: MARKET SHARE ANALYSIS, 2023 151
FIGURE 55 DC TORQUE TOOL MARKET: MARKET SHARE ANALYSIS, 2023 151
11.5 COMPANY VALUATION AND FINANCIAL METRICS 153
FIGURE 56 COMPANY VALUATION (USD BILLION) 153
FIGURE 57 FINANCIAL METRICS (EV/EBITDA) 153
11.6 BRAND/PRODUCT COMPARISON 154
FIGURE 58 BRAND/PRODUCT COMPARISON 154
11.7 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023 154
11.7.1 STARS 154
11.7.2 EMERGING LEADERS 154
11.7.3 PERVASIVE PLAYERS 155
11.7.4 PARTICIPANTS 155
FIGURE 59 DC TORQUE TOOL MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023 155
11.7.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023 156
11.7.5.1 Company footprint 156
FIGURE 60 DC TORQUE TOOL MARKET: COMPANY FOOTPRINT 156
11.7.5.2 Tool type footprint 157
TABLE 122 DC TORQUE TOOL MARKET: TOOL TYPE FOOTPRINT 157
11.7.5.3 Power source footprint 158
TABLE 123 DC TORQUE TOOL MARKET: POWER SOURCE FOOTPRINT 158
11.7.5.4 Industry footprint 159
TABLE 124 DC TORQUE TOOL MARKET: INDUSTRY FOOTPRINT 159
11.7.5.5 Region footprint 160
TABLE 125 DC TORQUE TOOL MARKET: REGION FOOTPRINT 160
11.8 COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023 161
11.8.1 PROGRESSIVE COMPANIES 161
11.8.2 RESPONSIVE COMPANIES 161
11.8.3 DYNAMIC COMPANIES 161
11.8.4 STARTING BLOCKS 161
FIGURE 61 DC TORQUE TOOL MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023 162
11.8.5 COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023 163
11.8.5.1 Detailed list of key startups/SMEs 163
TABLE 126 DC TORQUE TOOL MARKET: DETAILED LIST OF KEY STARTUPS/SMES 163
11.8.5.2 Competitive benchmarking of key startups/SMEs 163
TABLE 127 DC TORQUE TOOL MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 163
11.9 COMPETITIVE SCENARIO AND TRENDS 164
11.9.1 PRODUCT LAUNCHES 164
TABLE 128 DC TORQUE TOOL MARKET: PRODUCT LAUNCHES, JANUARY 2021-MARCH 2024 164
11.9.2 OTHERS 165
TABLE 129 DC TORQUE TOOL MARKET: DEALS, JANUARY 2021-MARCH 2024 165
12 COMPANY PROFILES 166
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
12.1 KEY PLAYERS 166
12.1.1 ATLAS COPCO AB 166
TABLE 130 ATLAS COPCO AB: COMPANY OVERVIEW 166
FIGURE 62 ATLAS COPCO AB: COMPANY SNAPSHOT 167
TABLE 131 ATLAS COPCO AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED 167
TABLE 132 ATLAS COPCO AB: PRODUCT LAUNCHES 169
12.1.2 APEX TOOL GROUP, LLC 170
TABLE 133 APEX TOOL GROUP, LLC: COMPANY OVERVIEW 170
TABLE 134 APEX TOOL GROUP, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 171
12.1.3 STANLEY BLACK & DECKER, INC. 173
TABLE 135 STANLEY BLACK & DECKER, INC.: COMPANY OVERVIEW 173
FIGURE 63 STANLEY BLACK & DECKER, INC.: COMPANY SNAPSHOT 174
TABLE 136 STANLEY BLACK & DECKER, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 174
TABLE 137 STANLEY BLACK & DECKER, INC.: PRODUCT LAUNCHES 175
TABLE 138 STANLEY BLACK & DECKER, INC.: OTHERS 175
12.1.4 ROBERT BOSCH GMBH 177
TABLE 139 ROBERT BOSCH GMBH: COMPANY OVERVIEW 177
FIGURE 64 ROBERT BOSCH GMBH: COMPANY SNAPSHOT 178
TABLE 140 ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED 178
12.1.5 INGERSOLL RAND 180
TABLE 141 INGERSOLL RAND: COMPANY OVERVIEW 180
FIGURE 65 INGERSOLL RAND: COMPANY SNAPSHOT 181
TABLE 142 INGERSOLL RAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED 182
12.1.6 GEDORE WERKZEUGFABRIK GMBH & CO. KG 184
TABLE 143 GEDORE WERKZEUGFABRIK GMBH & CO. KG.: COMPANY OVERVIEW 184
TABLE 144 GEDORE WERKZEUGFABRIK GMBH & CO. KG.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 184
12.1.7 HILTI CORPORATION 185
TABLE 145 HILTI CORPORATION: COMPANY OVERVIEW 185
FIGURE 66 HILTI CORPORATION: COMPANY SNAPSHOT 186
TABLE 146 HILTI CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 187
12.1.8 MAKITA CORPORATION 188
TABLE 147 MAKITA CORPORATION: COMPANY OVERVIEW 188
FIGURE 67 MAKITA CORPORATION: COMPANY SNAPSHOT 189
TABLE 148 MAKITA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 189
12.1.9 TECHTRONIC INDUSTRIES CO. LTD. 191
TABLE 149 TECHTONIC INDUSTRIES CO. LTD.: COMPANY OVERVIEW 191
FIGURE 68 TECHTONIC INDUSTRIES CO. LTD.: COMPANY SNAPSHOT 192
TABLE 150 TECHTONIC INDUSTRIES CO. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 193
12.1.10 URYU SEISAKU, LTD. 194
TABLE 151 URYU SEISAKU, LTD.: COMPANY OVERVIEW 194
TABLE 152 URYU SEISAKU, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 194
TABLE 153 URYU SEISAKU, LTD.: PRODUCT LAUNCHES 195
12.2 OTHER PLAYERS 196
12.2.1 AIMCO 196
TABLE 154 AIMCO: COMPANY OVERVIEW 196
12.2.2 ESTIC CORPORATION 197
TABLE 155 ESTIC CORPORATION: COMPANY OVERVIEW 197
12.2.3 DELTA REGIS 197
TABLE 156 DELTA REGIS: COMPANY OVERVIEW 197
12.2.4 DESOUTTER INDUSTRIAL TOOLS 198
TABLE 157 DESOUTTER INDUSTRIAL TOOLS: COMPANY OVERVIEW 198
12.2.5 FEIN POWER TOOLS, INC. 198
TABLE 158 FEIN POWER TOOLS, INC.: COMPANY OVERVIEW 198
12.2.6 KOKI HOLDINGS CO., LTD. 199
TABLE 159 KOKI HOLDINGS CO., LTD.: COMPANY OVERVIEW 199
12.2.7 KOLVER SRL. 199
TABLE 160 KOLVER SRL: COMPANY OVERVIEW 199
12.2.8 MINT GMBH 200
TABLE 161 MINT GMBH: COMPANY OVERVIEW 200
12.2.9 NORBAR TORQUE TOOLS 200
TABLE 162 NORBAR TORQUE TOOLS: COMPANY OVERVIEW 200
12.2.10 PANASONIC CORPORATION 201
TABLE 163 PANASONIC CORPORATION: COMPANY OVERVIEW 201
12.2.11 RHINO TOOL HOUSE 201
TABLE 164 RHINO TOOL HOUSE: COMPANY OVERVIEW 201
12.2.12 SNAP-ON 202
TABLE 165 SNAP-ON: COMPANY OVERVIEW 202
12.2.13 SUMAKE INDUSTRIAL CO., LTD. 203
TABLE 166 SUMAKE INDUSTRIAL CO., LTD.: COMPANY OVERVIEW 203
12.2.14 TOHNICHI MFG. CO., LTD. 203
TABLE 167 TOHNICHI MFG. CO., LTD.: COMPANY OVERVIEW 203
12.2.15 WEBER SCREWDRIVING SYSTEMS, INC. 204
TABLE 168 WEBER SCREWDRIVING SYSTEMS, INC.: COMPANY OVERVIEW 204
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
13 ADJACENT MARKET 205
13.1 INTRODUCTION 205
FIGURE 69 POWER TOOLS MARKET, BY APPLICATION 205
FIGURE 70 RESIDENTIAL/DIY SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD 206
TABLE 169 POWER TOOLS MARKET, BY APPLICATION, 2020-2023 (USD MILLION) 206
TABLE 170 POWER TOOLS MARKET, BY APPLICATION, 2024-2029 (USD MILLION) 206
13.2 INDUSTRIAL/PROFESSIONAL 207
FIGURE 71 CONSTRUCTION SEGMENT TO DOMINATE MARKET FOR INDUSTRIAL/PROFESSIONAL APPLICATIONS FROM 2024 TO 2029 207
TABLE 171 INDUSTRIAL/PROFESSIONAL: POWER TOOLS MARKET, BY TYPE, 2020-2023 (USD MILLION) 208
TABLE 172 INDUSTRIAL/PROFESSIONAL: POWER TOOLS MARKET, BY TYPE, 2024-2029 (USD MILLION) 208
TABLE 173 INDUSTRIAL/PROFESSIONAL: POWER TOOLS MARKET, BY REGION, 2020-2023 (USD MILLION) 208
TABLE 174 INDUSTRIAL/PROFESSIONAL: POWER TOOLS MARKET, BY REGION, 2024-2029 (USD MILLION) 209
13.2.1 CONSTRUCTION 209
13.2.1.1 Growing demand for impact drills and rotary hammers in construction projects to boost segmental growth 209
TABLE 175 CONSTRUCTION: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020-2023 (USD MILLION) 209
TABLE 176 CONSTRUCTION: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024-2029 (USD MILLION) 210
TABLE 177 CONSTRUCTION: POWER TOOLS MARKET, BY REGION, 2020-2023 (USD MILLION) 210
TABLE 178 CONSTRUCTION: POWER TOOLS MARKET, BY REGION, 2024-2029 (USD MILLION) 210
13.2.2 AUTOMOTIVE 211
13.2.2.1 Ease of maintenance by speeding up repetitive processes to drive market 211
TABLE 179 AUTOMOTIVE: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020-2023 (USD MILLION) 211
TABLE 180 AUTOMOTIVE: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024-2029 (USD MILLION) 211
TABLE 181 AUTOMOTIVE: POWER TOOLS MARKET, BY REGION, 2020-2023 (USD MILLION) 212
TABLE 182 AUTOMOTIVE: POWER TOOLS MARKET, BY REGION, 2024-2029 (USD MILLION) 212
13.2.3 AEROSPACE 212
13.2.3.1 Rising demand for fuel-efficient and quiet aircraft components to accelerate segmental growth 212
TABLE 183 AEROSPACE: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020-2023 (USD MILLION) 213
TABLE 184 AEROSPACE: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024-2029 (USD MILLION) 213
TABLE 185 AEROSPACE: POWER TOOLS MARKET, BY REGION, 2020-2023 (USD MILLION) 213
TABLE 186 AEROSPACE: POWER TOOLS MARKET, BY REGION, 2024-2029 (USD MILLION) 213
13.2.4 ENERGY 214
13.2.4.1 Increasing number of wind projects in developing countries to fuel segmental growth 214
TABLE 187 ENERGY: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020-2023 (USD MILLION) 214
TABLE 188 ENERGY: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024-2029 (USD MILLION) 214
TABLE 189 ENERGY: POWER TOOLS MARKET, BY REGION, 2020-2023 (USD MILLION) 215
TABLE 190 ENERGY: POWER TOOLS MARKET, BY REGION, 2024-2029 (USD MILLION) 215
13.2.5 SHIPBUILDING 215
13.2.5.1 Growing demand for screwdrivers, electric nutrunners, and impact wrenches to augment market growth 215
TABLE 191 SHIPBUILDING: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020-2023 (USD MILLION) 216
TABLE 192 SHIPBUILDING: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024-2029 (USD MILLION) 216
TABLE 193 SHIPBUILDING: POWER TOOLS MARKET, BY REGION, 2020-2023 (USD MILLION) 216
TABLE 194 SHIPBUILDING: POWER TOOLS MARKET, BY REGION, 2024-2029 (USD MILLION) 216
13.2.6 OTHER INDUSTRIES 217
TABLE 195 OTHER INDUSTRIES: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020-2023 (USD MILLION) 217
TABLE 196 OTHER INDUSTRIES: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024-2029 (USD MILLION) 217
TABLE 197 OTHER INDUSTRIES: POWER TOOLS MARKET, BY REGION, 2020-2023 (USD MILLION) 218
TABLE 198 OTHER INDUSTRIES: POWER TOOLS MARKET, BY REGION, 2024-2029 (USD MILLION) 218
?
13.3 RESIDENTIAL/DIY 218
13.3.1 RISING FOCUS ON REMODELING AND REFURBISHING EXISTING HOMES TO BOOST SEGMENTAL GROWTH 218
TABLE 199 RESIDENTIAL/DIY: POWER TOOLS MARKET, BY REGION, 2020-2023 (USD MILLION) 219
TABLE 200 RESIDENTIAL/DIY: POWER TOOLS MARKET, BY REGION, 2024-2029 (USD MILLION) 219
14 APPENDIX 220
14.1 INSIGHTS FROM INDUSTRY EXPERTS 220
14.2 DISCUSSION GUIDE 221
14.3 KNOWLEDGESTORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL 224
14.4 CUSTOMIZATION OPTIONS 226
14.5 RELATED REPORTS 226
14.6 AUTHOR DETAILS 227
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security