Global Automotive Torque Tools Market Size, Share, Trends, Industry Growth by Tools (Torque Screwdrivers, Torque Wrench, Torque Multiplier, Nutrunner), by Operating Mechanism (Manual, Pneumatic, Electronic, Hydraulic), by Type, by Torque Setting, by Region, and Forecast to 2030

Report ID: RC158247 | Report Format: PDF + Excel | Starting Price: 2520/- USD |

Key Findings:

  • The market size was valued at ~ US$ 1 Bn in 2023 and estimated to register a significant CAGR of over 5% by 2030
  • By tools, the torque wrench segment held the largest revenue share of the global market in 2023
  • Geographically, the Asia Pacific dominated the global market in 2023 and expected to grow at the same trend

The global automotive torque tools market size was valued at around USD 1 billion in 2023 and anticipated to register a significant CAGR of over 5% during the forecast period from 2024 to 2030. The market is primarily driven by the continuous advancements in automotive manufacturing technologies and the increasing demand for precision and accuracy in assembly processes. As automotive components become more sophisticated and lightweight, the need for precise torque application during assembly becomes crucial to ensure optimal performance, efficiency, and safety. Stringent quality standards and regulations in the automotive industry further propel the adoption of torque tools, as they play a vital role in achieving uniformity and consistency in fastening processes. Additionally, the growing focus on reducing overall vehicle weight for improved fuel efficiency and emissions control has led to the development of lightweight materials, making torque tools essential for delicate and precise fastening of components. The market is also influenced by the rising trend of electric vehicles, where torque accuracy is critical for the assembly of complex electric powertrain components.

Market Snapshot:

Benchmark Year 2023
Market Size ~ USD 1 billion in 2023
Market Growth (CAGR) > 5% (2024 – 2030)
Largest Market Share Asia Pacific
Analysis Period 2020-2030
Market Players Snap-on Incorporated, Atlas Copco AB, Ingersoll Rand Inc., Stanley Black & Decker, Inc., and KUKEN Co., Ltd.

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Market Trends:

Industry 4.0 Integration: The integration of Industry 4.0 technologies, such as IoT (Internet of Things) and data analytics, is a significant trend. Automotive torque tools are increasingly equipped with sensors and smart capabilities that enable real-time monitoring, data collection, and analysis of torque application during assembly processes. This facilitates predictive maintenance, enhances quality control, and contributes to overall production efficiency.

Electric Vehicle (EV) Revolution: The growing adoption of electric vehicles is influencing the torque tools market. Assembling components in electric powertrains requires precise torque application due to the sensitive nature of electrical and electronic components. Torque tools are crucial in ensuring the reliability and safety of electric vehicles, and manufacturers are developing specialized tools to meet the unique requirements of EV assembly.

Miniaturization and Lightweight Materials: The trend towards miniaturization of automotive components and the use of lightweight materials, such as composites and aluminum alloys, pose challenges and opportunities for torque tools. Manufacturers are developing tools that can provide accurate torque in compact spaces and handle the specific characteristics of lightweight materials without compromising precision.

Wireless Torque Tools: The automotive industry is increasingly adopting wireless technologies, and torque tools are no exception. Wireless torque tools offer greater flexibility and ease of use in assembly processes, allowing operators to move freely without being constrained by cables. This trend contributes to improved ergonomics and efficiency on the production line.

Focus on Ergonomics and Operator Safety: There is a growing emphasis on enhancing the ergonomics of torque tools to improve operator comfort and reduce the risk of injuries. Manufacturers are incorporating features such as lightweight designs, ergonomic grips, and reduced noise levels to create a safer and more comfortable working environment.

Market Challenges:

The Automotive Torque Tools Market faces several challenges that impact its dynamics. One significant challenge is the continuous evolution of automotive technologies and materials, leading to increasingly diverse assembly requirements. Manufacturers must constantly innovate to develop torque tools that can adapt to new materials, miniaturized components, and complex assembly processes. Additionally, the global supply chain disruptions, geopolitical uncertainties, and fluctuations in raw material prices pose challenges to the market’s stability. Stringent industry regulations and standards, while essential for ensuring product quality and safety, can also increase compliance costs for torque tool manufacturers.

Market Opportunities:

The automotive torque tools market presents promising opportunities driven by the ongoing advancements in automotive technologies and the global shift towards electric vehicles (EVs). As the automotive industry continues to emphasize lightweight materials and precision assembly processes, there is a growing demand for torque tools that can cater to these specific requirements. The rise of EVs, with their intricate powertrain components, creates a niche for specialized torque tools designed for precise assembly in the electric vehicle sector. Moreover, the integration of Industry 4.0 technologies opens avenues for smart torque tools with real-time monitoring and data analytics capabilities, offering manufacturers enhanced quality control and efficiency.

Market Insights:

The global automotive torque tools market is bifurcated into tools, operating mechanism, type, torque setting, and geography. On the basis of tools, the market is further segmented into torque screwdrivers, torque wrench, torque multiplier, and nutrunner. The torque wrenches segment dominated the global market in 2023 and expected to grow at the same trend over the forecast period. The dominance is attributed to the versatility and precision that torque wrenches offer across a wide spectrum of automotive assembly processes, ranging from engine components to suspension systems. With manual, electronic, and hydraulic configurations available, torque wrenches provide manufacturers with a diverse set of tools catering to different assembly needs. Their critical role in ensuring the safety and reliability of vehicles by precisely tightening critical components aligns with industry standards, making them indispensable in meeting stringent quality requirements.

Torque Screwdrivers: Torque screwdrivers are essential for accurately tightening screws and fasteners in automotive components. They offer precise torque control, ensuring that screws are tightened to the required specifications without over-tightening or damaging the components. Torque screwdrivers come in various designs and torque ranges to accommodate different screw sizes and applications, making them versatile tools in automotive assembly lines.

Torque Wrenches: Torque wrenches are widely used in automotive assembly for tightening bolts and nuts to specific torque levels. They are available in manual, electronic, and hydraulic configurations, offering different levels of precision and ease of use. Torque wrenches are indispensable for ensuring proper fastening of critical components such as engine parts, suspension systems, and wheel assemblies, contributing to vehicle safety and performance.

Torque Multipliers: Torque multipliers are specialized tools used to amplify torque output, enabling operators to tighten large bolts and fasteners with minimal effort. They are particularly useful in heavy-duty automotive applications where high torque levels are required, such as in commercial vehicles, trucks, and heavy machinery. Torque multipliers come in various designs, including gear-driven and hydraulic models, offering flexibility and efficiency in torque application.

Nutrunners: Nutrunners are power tools specifically designed for fastening nuts and bolts in automotive assembly lines. They provide high-speed torque output, streamlining the assembly process and improving productivity. Nutrunners are available in pneumatic, electric, and hydraulic variants, catering to different assembly requirements and torque specifications. With features such as adjustable torque settings and ergonomic designs, nutrunners enhance precision and operator comfort in automotive manufacturing environments.

The automotive torque tools market research report presents the analysis of each segment from 2020 to 2030 considering 2023 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2024 to 2030.

Historical & Forecast Period

  • 2020-22 – Historical Year
  • 2023 – Base Year
  • 2024-2030 – Forecast Period

Market Segmentation:

By Tools:

  • Torque Screwdrivers
  • Torque Wrench
  • Torque Multiplier
  • Nutrunner

By Operating Mechanism:

  • Manual
  • Pneumatic
  • Electronic
  • Hydraulic

By Type:

  • Corded
  • Cordless

By Torque Setting:

  • Adjustable Torque Tool
  • Preset Torque Tool

By Region:

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa

Regional Analysis:

Geographically, the Asia Pacific dominated the global automotive torque tools market in 2023 and anticipated to grow at a sustainable CAGR over the forecast period. The dominance is driven by the region’s status as a global manufacturing powerhouse for the automotive industry. Countries like China, Japan, South Korea, and India host a significant portion of the world’s automotive production facilities, resulting in a consistently high demand for torque tools in assembly processes. The rapid expansion of manufacturing capabilities in Asia-Pacific, coupled with technological advancements and a focus on efficient assembly practices, has further solidified the region’s central role in the torque tools market.

Moreover, Asia-Pacific’s dominance is reinforced by the presence of key torque tool manufacturers and suppliers in the region. These companies have established extensive networks and collaborations with automotive manufacturers, contributing to the widespread adoption of torque tools in the assembly lines. As the automotive industry continues to evolve, with an emphasis on electric vehicles and advanced manufacturing technologies, Asia-Pacific is likely to remain at the forefront of the Automotive Torque Tools Market, reflecting the region’s integral role in the global automotive supply chain.

Competitive Landscape:

Some of the prominent market players operating in the global automotive torque tools market are Snap-on Incorporated, Atlas Copco AB, Ingersoll Rand Inc., Stanley Black & Decker, Inc., and KUKEN Co., Ltd. Companies are exploring markets by expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

  • Snap-on Incorporated
  • Atlas Copco AB
  • Ingersoll Rand Inc.
  • Stanley Black & Decker, Inc.
  • KUKEN Co., Ltd.
  • Desoutter Industrial Tools
  • Hytorc
  • Norbar Torque Tools Ltd.
  • GEDORE Torque Solutions
  • Mountz, Inc.

Key Questions Answered by Automotive Torque Tools Market Report

  • Global automotive torque tools market forecasts from 2024-2030
  • Regional market forecasts from 2024-2030 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
  • Country-level forecasts from 2024-2030 covering 15 major countries from the regions as mentioned above
  • Automotive torque tools submarket forecasts from 2024-2030 covering the market by tools, operating mechanism, type, torque setting, and geography
  • Various industry models such as SWOT analysis, Value Chain Analysis about the market
  • Analysis of the key factors driving and restraining the growth of the global, regional, and country-level automotive torque tools markets from 2024-2030
  • Competitive Landscape and market positioning of top 10 players operating in the market
Table of Contents:

1. Preface


1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I – Secondary Research
1.3.2. Phase II – Primary Research
1.3.3. Phase III – Expert Panel Review
1.4. Assumptions

 

2. Executive Summary


2.1. Global Automotive Torque Tools Market Portraiture
2.2. Global Automotive Torque Tools Market, by Tools, 2023 (USD Mn)
2.3. Global Automotive Torque Tools Market, by Operating Mechanism, 2023 (USD Mn)
2.4. Global Automotive Torque Tools Market, by Type, 2023 (USD Mn)
2.5. Global Automotive Torque Tools Market, by Torque Setting, 2023 (USD Mn)
2.6. Global Automotive Torque Tools Market, by Geography, 2023 (USD Mn)

 

3. Global Automotive Torque Tools Market Analysis


3.1. Automotive Torque Tools Market Overview
3.2. Market Inclination Insights
3.3. Market Dynamics
3.3.1. Drivers
3.3.2. Challenges
3.3.3. Opportunities
3.4. Attractive Investment Proposition
3.5. Competitive Analysis
3.6. Porter’s Five Force Analysis
3.6.1. Bargaining Power of Suppliers
3.6.2. Bargaining Power of Buyers
3.6.3. Threat of New Entrants
3.6.4. Threat of Substitutes
3.6.5. Degree of Competition
3.7. PESTLE Analysis

 

4. Global Automotive Torque Tools Market by Tools, 2020 – 2030 (USD Mn)


4.1. Overview
4.2. Torque Screwdrivers
4.3. Torque Wrench
4.4. Torque Multiplier
4.5. Nutrunner

 

5. Global Automotive Torque Tools Market by Operating Mechanism, 2020 – 2030 (USD Mn)


5.1. Overview
5.2. Manual
5.3. Pneumatic
5.4. Electronic
5.5. Hydraulic

 

6. Global Automotive Torque Tools Market by Type, 2020 – 2030 (USD Mn)


6.1. Overview
6.2. Corded
6.3. Cordless

 

7. Global Automotive Torque Tools Market by Torque Setting, 2020 – 2030 (USD Mn)


7.1. Overview
7.2. Adjustable Torque Tool
7.3. Preset Torque Tool

 

8. North America Automotive Torque Tools Market Analysis and Forecast, 2020 – 2030 (USD Mn)


8.1. Overview
8.2. North America Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
8.3. North America Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
8.4. North America Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
8.5. North America Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
8.6. North America Automotive Torque Tools Market by Country, (2020-2030 USD Mn)
8.6.1. U.S.
8.6.1.1. U.S. Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
8.6.1.2. U.S. Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
8.6.1.3. U.S. Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
8.6.1.4. U.S. Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
8.6.2. Canada
8.6.2.1. Canada Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
8.6.2.2. Canada Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
8.6.2.3. Canada Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
8.6.2.4. Canada Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
8.6.3. Mexico
8.6.3.1. Mexico Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
8.6.3.2. Mexico Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
8.6.3.3. Mexico Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
8.6.3.4. Mexico Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)

 

9. Europe Automotive Torque Tools Market Analysis and Forecast, 2021 - 2030 (USD Mn)


9.1. Overview
9.2. Europe Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
9.3. Europe Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
9.4. Europe Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
9.5. Europe Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
9.6. Europe Automotive Torque Tools Market by Country, (2020-2030 USD Mn)
9.6.1. Germany
9.6.1.1. Germany Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
9.6.1.2. Germany Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
9.6.1.3. Germany Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
9.6.1.4. Germany Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
9.6.2. U.K.
9.6.2.1. U.K. Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
9.6.2.2. U.K. Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
9.6.2.3. U.K. Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
9.6.2.4. U.K. Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
9.6.3. France
9.6.3.1. France Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
9.6.3.2. France Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
9.6.3.3. France Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
9.6.3.4. France Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
9.6.4. Spain
9.6.4.1. Spain Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
9.6.4.2. Spain Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
9.6.4.3. Spain Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
9.6.4.4. Spain Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
9.6.5. Italy
9.6.5.1. Italy Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
9.6.5.2. Italy Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
9.6.5.3. Italy Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
9.6.5.4. Italy Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
9.6.6. Rest of Europe
9.6.6.1. Rest of Europe Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
9.6.6.2. Rest of Europe Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
9.6.6.3. Rest of Europe Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
9.6.6.4. Rest of Europe Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)

 

10. Asia Pacific Automotive Torque Tools Market Analysis and Forecast, 2021 - 2030 (USD Mn)


10.1. Overview
10.2. Asia Pacific Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
10.3. Asia Pacific Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
10.4. Asia Pacific Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
10.5. Asia Pacific Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
10.6. Asia Pacific Automotive Torque Tools Market by Country, (2020-2030 USD Mn)
10.6.1. China
10.6.1.1. China Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
10.6.1.2. China Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
10.6.1.3. China Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
10.6.1.4. China Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
10.6.2. Japan
10.6.2.1. Japan Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
10.6.2.2. Japan Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
10.6.2.3. Japan Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
10.6.2.4. Japan Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
10.6.3. India
10.6.3.1. India Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
10.6.3.2. India Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
10.6.3.3. India Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
10.6.3.4. India Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
10.6.4. South Korea
10.6.4.1. South Korea Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
10.6.4.2. South Korea Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
10.6.4.3. South Korea Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
10.6.4.4. South Korea Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
10.6.5. Rest of Asia Pacific
10.6.5.1. Rest of Asia Pacific Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
10.6.5.2. Rest of Asia Pacific Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
10.6.5.3. Rest of Asia Pacific Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
10.6.5.4. Rest of Asia Pacific Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)

 

11. Latin America (LATAM) Automotive Torque Tools Market Analysis and Forecast, 2021 - 2030 (USD Mn)


11.1. Overview
11.2. Latin America Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
11.3. Latin America Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
11.4. Latin America Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
11.5. Latin America Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
11.6. Latin America Automotive Torque Tools Market by Country, (2020-2030 USD Mn)
11.6.1. Brazil
11.6.1.1. Brazil Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
11.6.1.2. Brazil Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
11.6.1.3. Brazil Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
11.6.1.4. Brazil Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
11.6.2. Argentina
11.6.2.1. Argentina Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
11.6.2.2. Argentina Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
11.6.2.3. Argentina Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
11.6.2.4. Argentina Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
11.6.3. Rest of Latin America
11.6.3.1. Rest of Latin America Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
11.6.3.2. Rest of Latin America Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
11.6.3.3. Rest of Latin America Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
11.6.3.4. Rest of Latin America Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)

 

12. Middle East and Africa Automotive Torque Tools Market Analysis and Forecast, 2021 - 2030 (USD Mn)


12.1. Overview
12.2. MEA Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
12.3. MEA Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
12.4. MEA Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
12.5. MEA Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
12.6. Middle East and Africa Automotive Torque Tools Market, by Country, (2020-2030 USD Mn)
12.6.1. GCC
12.6.1.1. GCC Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
12.6.1.2. GCC Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
12.6.1.3. GCC Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
12.6.1.4. GCC Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
12.6.2. South Africa
12.6.2.1. South Africa Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
12.6.2.2. South Africa Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
12.6.2.3. South Africa Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
12.6.2.4. South Africa Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)
12.6.3. Rest of MEA
12.6.3.1. Rest of MEA Automotive Torque Tools Market by Tools, (2020-2030 USD Mn)
12.6.3.2. Rest of MEA Automotive Torque Tools Market by Operating Mechanism, (2020-2030 USD Mn)
12.6.3.3. Rest of MEA Automotive Torque Tools Market by Type, (2020-2030 USD Mn)
12.6.3.4. Rest of MEA Automotive Torque Tools Market by Torque Setting, (2020-2030 USD Mn)

 

13. Competitive Landscape


13.1. Company Market Share Analysis, 2023
13.2. Competitive Dashboard
13.3. Competitive Benchmarking
13.4. Geographic Presence Heatmap Analysis
13.5. Company Evolution Matrix
13.5.1. Star
13.5.2. Pervasive
13.5.3. Emerging Leader
13.5.4. Participant
13.6. Strategic Analysis Heatmap Analysis
13.7. Key Developments and Growth Strategies
13.7.1. Mergers and Acquisitions
13.7.2. New Product Launch
13.7.3. Joint Ventures
13.7.4. Others

 

14. Company Profiles


14.1. Snap-on Incorporated
14.1.1. Business Description
14.1.2. Financial Health and Budget Allocation
14.1.3. Product Positions/Portfolio
14.1.4. Recent Development
14.1.5. SWOT Analysis
14.2. Atlas Copco AB
14.3. Ingersoll Rand Inc.
14.4. Stanley Black & Decker, Inc.
14.5. KUKEN Co., Ltd.
14.6. Desoutter Industrial Tools
14.7. Hytorc
14.8. Norbar Torque Tools Ltd.
14.9. GEDORE Torque Solutions
14.10. Mountz, Inc.
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