Digital Torque Wrench Market by Type (Ordinary Digital Torque Wrench and Connected Computer Digital Torque Wrench), and by Application (Automotive, Engineering & Machinery Manufacturing, Construction, Shipping & Aerospace and Others): Global Industry Perspective, Comprehensive Analysis, and Forecast, 2019—2026

The global demand for the digital torque wrench market in 2019 is approximately USD 1,324.0 Million and is anticipated to reach around USD 1,808.8 Million by 2026.

11-Feb-2020 | Number of pages: 110 | Report Code: ZMR-5223 | Report Format : | Status : Published

Abstract

The report encompasses the forecast as well as analysis of the digital torque wrench market on a global and regional level. The study displays historical data of 2016 to 2019 along with a forecast from 2020 to 2026 based on revenue (USD Million). Additionally, the market growth drivers, opportunities, limitations, and trends are also included in the digital torque wrench market report. 

We have included industry analysis models in our report and extensively demonstrated the key business strategies and competitive landscape of the Digital Torque Wrench market in our study.

Our study also includes an analysis of Porter’s Five Forces framework for understanding the competitive strategies used by market competitors. It also encompasses PESTLE analysis and SWOT analysis of players.

The report also offers an in-depth analysis of the market share of each industry player and gives an outline of the market position of key players in the Digital Torque Wrench market. Moreover, the study offers wide coverage of key strategic improvements witnessed in the market such as acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, R&D activities, and geographical expansion of key players of the Digital Torque Wrench market.

The study provides a decisive view of the digital torque wrench market by segmenting the market based on type, application and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2020 to 2026. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

The digital torque wrench is widely used in construction equipment across the world. A growing number of large and mini excavators, backhoe loaders, and various other heavy construction equipment especially developing countries such as China and India is driving the demand for the digital torque wrench products in the Asia Pacific region. In addition, growing demand for the digital torque wrenches in the road and concrete machinery such as rollers, asphalt pavers, and transit mixers used in the road development projects are expected to open alluring opportunities in the market in coming years.

The global digital torque wrench market is segmented on the basis of type, and application. On the basis of type, the market is divided into two major types as an ordinary digital torque wrench and connected computer digital torque wrench. The ordinary digital torque wrenches are available in every size ranges from small to large. In addition, as this torque wrench offers more accurate results it is expected to observe more applications for the automobile industry in the coming years. The application segment of the global digital torque wrench market is bifurcated into automotive, construction, engineering & machinery manufacturing, shipping & aerospace, and others.

Some of the noticeable players analyzed and profiled in the market study are Tohnichi America Corporation, Apex Tool Group, Hoffmann, Precision Instruments,  SCS Concept, Atlas Copco, Eastwood, Desoutter, BMS Ireland, ACDelco Tools, Hilmor, Asmith Hardware, Brown Line Metalworks, Stahlwille, Snap-on Incorporated, Gedore Torque Ltd. (Torqueleader), ATD Tools Inc., Facom (Stanley Black & Decker) Aimco and Crane Electronics Limited amongst others.

Global Digital Torque Wrench Market: Type Segment Analysis

  • Ordinary Digital Torque Wrench
  • Connected Computer Digital Torque Wrench

Global Digital Torque Wrench Market: Application Segment Analysis

  • Automotive
  • Engineering & Machinery Manufacturing
  • Construction
  • Shipping & Aerospace
  • Others

Global Digital Torque Wrench Market: Region Segment Analysis

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Spain
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • South-East Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • The Middle-East and Africa
    • GCC Countries
    • South Africa
    • Rest of Middle-East Africa

Key Pointers Addressed by the Report

  • Historical data and forecast analysis of the market
  • Drivers and Restraints affecting market dynamics
  • Exhaustive analysis about the future market trends
  • Comprehensive information about the leading market segments and regions
  • Potential opportunities for the players in the market
  • Business strategies by the major players operating in the global market
  • Strategic developments made by the competitive players and in-depth analysis about its impact on market growth

Related Reports

Storage Water Heater Market – By Energy Source (Electric and Gas), By Capacity (>400 Liters, 250-400 Liters, 100-250 Liters, 30-100 Liters, and <30 Liters), By Application (Commercial and Residential), and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5284 | Report Format:

This report analyzes and estimates the storage water heater market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the storage water ...Read More

Flat Panel Display Market by Technology (OLED, LCD, PDP), By Display Size(<10 inches, 10-20 inches, 20-30 inches, 30-40 inches, >40 inches), by End-users (Consumer Electronics, Healthcare, Automotive, Education, and Others), and by Region: Global Industry Perspective, Comprehensive Analysis and Forecast, 2019 – 2026

Feb-2020 | Price : $ 4199.00 | Pages: 166 | Report Code: ZMR-5283 | Report Format:

This report analyzes and estimates the flat panel display market analysis at the global, regional, and country-level. Assessment of the flat panel display market analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at the global level fr...Read More

Intruder Detection Systems Market by Type (Network Intrusion Detection System (NIDS), Host-based Intrusion Detection System (HIDS), Perimeter Intrusion Detection Systems (PIDS), VM based Intrusion Detection Systems (VMIDS)), by Application (Commercial, Government, Military, BFSI, and others) and by Region

Feb-2020 | Price : $ 4199.00 | Pages: 150 | Report Code: ZMR-5281 | Report Format:

This report analyzes and estimates the intruder detection systems market at global, regional, and country level. Assessment of the global intruder detection systems analysis provides detailed insights of the market growth and restraining factors along with their impact analysis at global level fro...Read More

Global Winglets Market – By Winglet Type (Sharklets, Raked Wingtip, Advanced Technology Winglets, Blended Winglets, Split Scimitar Winglets, Wingtip Fence, and Others), By Aircraft Type (Business Jets, Commercial Aircraft, Military Aircraft, and Regional Jets), By Platform Type (A380, A330, A350XWB, A320 Family, B787, B777, B767, B747, B737 Max, B737, and Others), By Fit (Retrofit and Line Fit), and By Region: Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5280 | Report Format:

This report analyzes and estimates the winglets market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the winglets market drivers an...Read More

Infrared Camera Market – By Product [Handheld, Fixed, and Pan-Tilt-Zoom (PTZ)], By Technology (Cooled and Uncooled), By Wavelength [Long-Wave Infrared (LWIR), Mid-Wave Infrared (MWIR), Short-Wave Infrared (SWIR), and Near Infrared (NIR)], By Application (Commercial, Industrial, Automotive, Healthcare, BFSI, Residential, Government & Defense, and Others), and By Region: Global Industry Perspective, Market Size, Statistical Research, Market Intelligence, Comprehensive Analysis, Historical Trends, and Forecasts, 2019–2025

Feb-2020 | Price : $ 4199.00 | Pages: 110 | Report Code: ZMR-5276 | Report Format:

This report analyzes and estimates the infrared camera market at global, regional, and country level. The research study provides historic data from 2015 to 2019 along with the forecast from 2020 to 2025 based on revenue (USD Billion). The report offers detailed insights of the infrared camera mar...Read More

Request Brochure
Why Choose Us ?

24/5 Research support

Resolved your research queries from industry expert. Request for a research sample before report purchase.

Custom research service

Ask the Analyst to customize an exclusive study to serve your research needs.

Quality & Accuracy

Zion Market Research reports offers best quality reports based on various authentic and accurate data findings.

Customer Satisfaction

We ensure that our client's all research needs are met with customized, in-depth analysis solutions.

Information security

We never share your personal and confidential information. Your personal information is safe and secure with us.