Global Composite Torque Gun Market Growth 2024-2030
A composite torque gun 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 Composite Torque Gun market size is projected to grow from US$ 2442 million in 2024 to US$ 2988 million in 2030; it is expected to grow at a CAGR of 3.4% from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Composite Torque Gun Industry Forecast” looks at past sales and reviews total world Composite Torque Gun sales in 2023, providing a comprehensive analysis by region and market sector of projected Composite Torque Gun sales for 2024 through 2030. With Composite Torque Gun sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Composite Torque Gun industry.
This Insight Report provides a comprehensive analysis of the global Composite Torque Gun 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 Composite Torque Gun portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Composite Torque Gun market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Composite Torque Gun 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 Composite Torque Gun.
United States market for Composite Torque Gun 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 Composite Torque Gun 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 Composite Torque Gun is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Composite Torque Gun 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 Composite Torque Gun 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 Composite Torque Gun market?
What factors are driving Composite Torque Gun market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Composite Torque Gun market opportunities vary by end market size?
How does Composite Torque Gun break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.