Global Battery-Powered Torque Wrenches Market Growth 2024-2030

Global Battery-Powered Torque Wrenches Market Growth 2024-2030

A battery-powered torque wrench is a socket wrench power tool designed to deliver high torque output with minimal exertion by the user, by storing energy in a rotating mass, then delivering it suddenly to the output shaft.

The global Battery-Powered Torque Wrenches market size is projected to grow from US$ 598 million in 2024 to US$ 829 million in 2030; it is expected to grow at a CAGR of 5.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Battery-Powered Torque Wrenches Industry Forecast” looks at past sales and reviews total world Battery-Powered Torque Wrenches sales in 2023, providing a comprehensive analysis by region and market sector of projected Battery-Powered Torque Wrenches sales for 2024 through 2030. With Battery-Powered Torque Wrenches sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Battery-Powered Torque Wrenches industry.

This Insight Report provides a comprehensive analysis of the global Battery-Powered Torque Wrenches landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Battery-Powered Torque Wrenches portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Battery-Powered Torque Wrenches market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Battery-Powered Torque Wrenches and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Battery-Powered Torque Wrenches.

United States market for Battery-Powered Torque Wrenches is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Battery-Powered Torque Wrenches is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Battery-Powered Torque Wrenches is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Battery-Powered Torque Wrenches players cover DeWALT, Makita, PORTER-CABLE, Bosch, Milwaukee, etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

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

Segmentation by Type:
Adjustable Torque
Non-Adjustable Torque

Segmentation by Application:
Commercial Use
Household

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
DeWALT
Makita
PORTER-CABLE
Bosch
Milwaukee
Ingersoll Rand
Craftsman
Hitachi
Rockwell
Ryobi
AIRCAT
C. & E. Fein GmbH
Metabo
Atlas Copco

Key Questions Addressed in this Report

What is the 10-year outlook for the global Battery-Powered Torque Wrenches market?

What factors are driving Battery-Powered Torque Wrenches market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Battery-Powered Torque Wrenches market opportunities vary by end market size?

How does Battery-Powered Torque Wrenches break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.