Global Hydraulic Torque Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
A hydraulic torque wrench is a power tool designed to exert torque on a fastener to achieve proper tightening or loosening of a connection through the use of hydraulics. A torque wrench is applied to the nut either directly or in conjunction with an impact socket. Hydraulic torque wrenches apply a predetermined, controlled amount of torque to a properly lubricated fastener.
According to our (Global Info Research) latest study, the global Hydraulic Torque market size was valued at US$ million in 2023 and is forecast to a readjusted size of USD million by 2030 with a CAGR of %during review period.
In United States market, Hytorc, Enerpac, Torq/Lite, Hydratight and TorcUP are the leaders of Hydraulic Torque, and Hytorc hold a more than 35% market share. The Southwest of United States is the largest region of Hydraulic Torque, with a share more than 30%, followed by The South and The Midwest, etc.
This report is a detailed and comprehensive analysis for global Hydraulic Torque market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.
Key Features:
Global Hydraulic Torque market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030
Global Hydraulic Torque market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030
Global Hydraulic Torque market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (USD/Unit), 2019-2030
Global Hydraulic Torque market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (USD/Unit), 2019-2024
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Hydraulic Torque
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Hydraulic Torque market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Enerpac, Hytorc, Hydratight, ITH, TorcUP, Powermaster, Norwolf Tool Works, Plarad, WREN, HTL, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Hydraulic Torque market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Drive Hydraulic Wrench
Hollow Hydraulic Wrench
Market segment by Application
Oil & Gas
Plants and Refineries
Power Industry
Others
Major players covered
Enerpac
Hytorc
Hydratight
ITH
TorcUP
Powermaster
Norwolf Tool Works
Plarad
WREN
HTL
Torq/Lite
TorsionX
Torc-Tech
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Hydraulic Torque product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Hydraulic Torque, with price, sales quantity, revenue, and global market share of Hydraulic Torque from 2019 to 2024.
Chapter 3, the Hydraulic Torque competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Hydraulic Torque breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Hydraulic Torque market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Hydraulic Torque.
Chapter 14 and 15, to describe Hydraulic Torque sales channel, distributors, customers, research findings and conclusion.