Global Manual Torque Multipliers Market Growth 2023-2029
Manual Torque Multipliers is a tool used to provide a mechanical advantage in applying torque to turn bolts, nuts or other items designed to be actuated by application of torque, such as the actuation of valves, particularly where there are relatively high torque requirements. Torque multipliers can also be used to ease manual tube expansion in drums of water tube boilers or to expand tubes in restricted space. The manually operated torque multipliers made are ideal for applications without a third-party power source – an effective tool for loosening and tightening bolts that is suitable for use anywhere and at any time.
LPI (LP Information)' newest research report, the “Manual Torque Multipliers Industry Forecast” looks at past sales and reviews total world Manual Torque Multipliers sales in 2022, providing a comprehensive analysis by region and market sector of projected Manual Torque Multipliers sales for 2023 through 2029. With Manual Torque Multipliers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Manual Torque Multipliers industry.
This Insight Report provides a comprehensive analysis of the global Manual Torque Multipliers 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 Manual Torque Multipliers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Manual Torque Multipliers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Manual Torque Multipliers 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 Manual Torque Multipliers.
The global Manual Torque Multipliers market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
In Europe market, Manual Torque Multipliers key players include Actuant Corporation, Gedore Tools, Stanley Black & Decker, Norbar, Apex Tool Group, etc. The top five manufacturers hold a share about 45%. Germany is the largest market, with a share about 20%, followed by Russia, with a share about 15 percent. In terms of product, Reaction Plate Multiplier is the largest segment, with a share about 70%. And in terms of application, the largest application is Engineering & Construction, followed by Industrial, Transportation, Manufacturing, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Manual Torque Multipliers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Reaction Bar Multiplier
Reaction Plate Multiplier
Segmentation by application
Transportation
Engineering & Construction
Industrial
Manufacturing
Others
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 analyzing the company's coverage, product portfolio, its market penetration.
Actuant Corporation
Gedore Tools
Norbar
Apex Tool Group
Stanley Black & Decker
alkitronic
Maschinenfabrik Wagner
Columbus McKinnon
Tohnichi
AIMCO
Mountz
Powermaster Engineers
Key Questions Addressed in this Report
What is the 10-year outlook for the global Manual Torque Multipliers market?
What factors are driving Manual Torque Multipliers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Manual Torque Multipliers market opportunities vary by end market size?
How does Manual Torque Multipliers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
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