An electric torque wrench is a planetary torque multiplier or a "gearbox" mated to a brushless electric motor.
This report contains market size and forecasts of Electric Torque Wrench in global, including the following market information:
Global Electric Torque Wrench Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Electric Torque Wrench Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Electric Torque Wrench companies in 2021 (%)
The global Electric Torque Wrench market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Straight Type Electric Torque Wrench Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Electric Torque Wrench include Enerpac, Hytorc, Hydratight, ITH, TorcUP, Powermaster, Norwolf Tool Works, Plarad and WREN, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Electric Torque Wrench manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Electric Torque Wrench Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Torque Wrench Market Segment Percentages, by Type, 2021 (%)
Straight Type Electric Torque Wrench
Angled Type Electric Torque Wrench
Global Electric Torque Wrench Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Torque Wrench Market Segment Percentages, by Application, 2021 (%)
Oil & Gas
Plants and Refineries
Power Industry
Other
Global Electric Torque Wrench Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Electric Torque Wrench Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Electric Torque Wrench revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Electric Torque Wrench revenues share in global market, 2021 (%)
Key companies Electric Torque Wrench sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Electric Torque Wrench sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Enerpac
Hytorc
Hydratight
ITH
TorcUP
Powermaster
Norwolf Tool Works
Plarad
WREN
HTL
Torq/Lite
TorsionX
Torc-Tech
Maxpro Corporation