Portland, OR -- (SBWIRE) -- 06/18/2018 -- torque wrench is a fastening or bolting tool used to apply an appropriate amount of torque or limit the amount of torque that is applied on the fastener, to prevent excess or under-tightening.
global torque wrenches market to grow at a CAGR of 4.69% during the period 2018-2022.
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Covered in this report
The report covers the present scenario and the growth prospects of the global torque wrenches market for 2018-2022. To calculate the market size, the report considers the trade and sales of torque wrenches.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Global Torque Wrenches Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
- Actuant
- Apex Tool Group
- Atlas Copco
- Snap-on
- Stanley Black & Decker
- TOHNICHI Mfg.
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Market driver
- Growing automotive industry
- For a full, detailed list, view our report
Market challenge
- Volatility in raw material prices and rising labor costs
- For a full, detailed list, view our report
Market trend
- Product innovations
- For a full, detailed list, view our report
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