DCトルクツール市場 : 2029年までの世界予測

DC Torque Tool Market - Global Forecast to 2029

DCトルクツール市場 : 手持ち工具 (ナットランナー、ドライバー、トルクレンチ、インパクトレンチ)、固定工具、電源 (コード付き、コードレス)、制御システム (トランスデューサー、電流)、業界と地域別 - 2029年までの世界予測
DC Torque Tool Market by Handheld Tool (Nutrunners, Screwdrivers, Torque Wrenches, Impact Wrenches), Fixtured Tool, Power Source (Corded, Cordless), Control System (Transducer, Current), Industry and Region - Global Forecast to 2029
出版年月2024年7月
ページ数219
図表数271
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

Report Overview

The DC torque tool market is expected to reach USD 4.4 billion by 2029 from USD 3.6 billion in 2024, at a CAGR of 3.7% from 2024–2029.

DCトルクツール市場は、2024年から2029年にかけて3.7%のCAGRで成長し、2024年の36億ドルから2029年までに44億ドルに達すると予想されています。

Rising automation and data exchange in manufacturing sector, Growing emphasis on precise torque measurements to meet stringent aviation standards, Surging demand for electric fastening tools for motor vehicles, Rapid infrastructure development and industrialization in emerging economies.

DCトルクツール市場 : 2029年までの世界予測

“Electric torque wrenches segment is to hold the largest market share of DC torque tool market in 2023.”
Many handheld electric torque wrenches come with advanced features such as programmable torque settings, data logging, and wireless connectivity, aligning with modern manufacturing needs. These tools offer real-time monitoring and feedback, which enhances quality control and traceability. The flexibility, ease of use, precision, technological integration, efficiency, and alignment with industry trends towards automation and quality control. Furthermore, their ergonomic design, safety features, and versatility in a variety of applications help to fuel their growing appeal in modern manufacturing and assembly operations.

DCトルクツール市場 : 2029年までの世界予測 ecosystem

“Automotive Industry is to hold the largest market share of DC torque tool market in 2023 ”
Automotive dominates the DC torque tool market, with the greatest market share, owing to a growth in motor vehicle production and sales in 2023. The largest market for DC torque tools is the automotive industry, which requires high precision, efficiency, and adherence to strict quality requirements in assembly operations. The industry’s concentration on automation, the rise of electric vehicles, and high production numbers all help to drive demand for these devices. Furthermore, the use of DC torque tools in maintenance and aftermarket services ensures their widespread adoption within the automotive sector.

“The US in holds the largest market share of DC torque tool market in 2023.”
North America comprises the US, Canada, and Mexico. The US is the leading country in North America, accounting for the largest market share. In the US, rapid adoption of technologies and product development are estimated to play a significant role in market growth. As a global innovation leader, particularly in precise engineering and manufacturing, the US is constantly improving DC torque tools’ accuracy, efficiency, and integration capabilities. Automotive, aerospace, electronics, and equipment industries rely significantly on these tools for assembly, maintenance, and quality control, owing to high requirements and an emphasis on efficiency.
The growth of the market in US is also attributed to presence of prominent market players such as Stanley Black & Decker, Inc. (US), Apex Tool Group, LLC (US), and Ingersoll Rand (US).

The break-up of the profiles of primary participants:
• By Company Type – Tier 1 – 30%, Tier 2 – 35%, and Tier 3 – 35%
• By Designation – C-level Executives – 55%, Directors – 30%, and Others – 15%
• By Region – North America – 35%, Europe – 20%, Asia Pacific – 35%, and Rest of the World – 10%

DCトルクツール市場 : 2029年までの世界予測 region

Major players in the DC torque tool market include Atlas Copco AB (Sweden); Apex Tool Group, LLC (US); Ingersoll Rand (US); Stanley Black & Decker, Inc. (US); Robert Bosch GmbH (Germany), and others.

Research Coverage
The report segments the DC torque tool market by Tool Type, Power Source, Control System, Industry and Region. The report also comprehensively reviews drivers, restraints, opportunities, and challenges influencing market growth. The report also covers qualitative aspects in addition to the quantitative aspects of the market.
Reasons to buy the report:
The report will help the market leaders/new entrants with information on the closest approximate revenues for the overall DC torque tool market and related segments. This report will help stakeholders understand the competitive landscape and gain more insights to strengthen their position in the market and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, opportunities, and challenges.

The report provides insights on the following pointers:
• Analysis of critical drivers (Rising automation and data exchange in manufacturing sector, Growing emphasis on precise torque measurements to meet stringent aviation standards, Surging demand for electric fastening tools for motor vehicles, Rapid infrastructure development and industrialization in emerging economies.), restraints (High costs and safety risks associated with DC torque tools), opportunities (Increasing demand for smart and connected DC torque tools, Growing preference for renewable energy), challenges (Overheating and duty cycle constraints in high-torque operations, Staying compliant with existing trade policies and safety regulations) influencing the growth of the DC torque tool market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research and development activities, and new product launches in the DC torque tool market.
• Market Development: Comprehensive information about lucrative markets – the report analyses the DC torque tool market across various regions.
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the DC torque tool market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and product offerings of leading players like include Atlas Copco AB (Sweden), Apex Tool Group, LLC (US), Ingersoll Rand (US), Stanley Black & Decker, Inc. (US), Robert Bosch GmbH (Germany), and others.

Table of Contents

1            INTRODUCTION            31

1.1         STUDY OBJECTIVES      31

1.2         MARKET DEFINITION   31

1.3         STUDY SCOPE  32

1.3.1      MARKETS COVERED     32

FIGURE 1           DC TORQUE TOOL MARKET SEGMENTATION  32

1.3.2      INCLUSIONS AND EXCLUSIONS 32

1.3.3      REGIONAL SCOPE         33

1.3.4      YEARS CONSIDERED     33

1.4         CURRENCY CONSIDERED          34

1.5         UNITS CONSIDERED     34

1.6         STAKEHOLDERS            34

1.7         SUMMARY OF CHANGES            35

1.8         IMPACT OF RECESSION 35

2            RESEARCH METHODOLOGY     36

2.1         RESEARCH DATA           36

FIGURE 2           DC TORQUE TOOL MARKET: RESEARCH DESIGN           36

2.1.1      SECONDARY DATA       37

2.1.1.1   List of key secondary sources           37

2.1.1.2   Key data from secondary sources     37

2.1.2      PRIMARY DATA 38

2.1.2.1   Breakdown of primaries     38

2.1.2.2   List of primary interview participants             38

2.1.2.3   Key data from primary sources         39

2.1.2.4   Key industry insights          39

2.1.3      SECONDARY AND PRIMARY RESEARCH 40

2.2         MARKET SIZE ESTIMATION METHODOLOGY    40

2.2.1      BOTTOM-UP APPROACH           41

2.2.1.1   Approach to arrive at market size using bottom-up analysis (demand side)              41

FIGURE 3           DC TORQUE TOOL MARKET: BOTTOM-UP APPROACH 41

2.2.2      TOP-DOWN APPROACH             41

2.2.2.1   Approach to arrive at market size using top-down analysis (supply side)  42

FIGURE 4           DC TORQUE TOOL MARKET: TOP-DOWN APPROACH  42

FIGURE 5           DC TORQUE TOOL MARKET SIZE ESTIMATION METHODOLOGY           43

2.3         MARKET BREAKDOWN AND DATA TRIANGULATION    44

FIGURE 6           DC TORQUE TOOL MARKET: DATA TRIANGULATION  44

2.4         RESEARCH ASSUMPTIONS         45

FIGURE 7           DC TORQUE TOOL MARKET: RESEARCH ASSUMPTIONS              45

2.5         RISK ASSESSMENT         45

FIGURE 8           DC TORQUE TOOL MARKET: RISK ASSESSMENT             45

2.6         PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON DC TORQUE TOOL MARKET            46

TABLE 1             PARAMETERS CONSIDERED TO ANALYZE RECESSION IMPACT ON DC TORQUE TOOL MARKET            46

2.7         RESEARCH LIMITATIONS           46

3            EXECUTIVE SUMMARY 47

FIGURE 9           DC TORQUE TOOL MARKET SIZE, 2020−2029 (USD MILLION)              47

FIGURE 10         HANDHELD TOOLS TO ACCOUNT FOR LARGER MARKET SHARE IN 2029  48

FIGURE 11         CORDED SEGMENT HELD LARGER MARKET SHARE IN 2023              48

FIGURE 12         TRANSDUCER CONTROL TOOLS TO DOMINATE MARKET DURING FORECAST PERIOD     49

FIGURE 13         AUTOMOTIVE SEGMENT TO RECORD HIGHEST CAGR BETWEEN 2024 AND 2029           49

FIGURE 14         ASIA PACIFIC TO EXHIBIT HIGHEST CAGR IN GLOBAL DC TORQUE TOOL MARKET FROM 2024 TO 2029    50

4            PREMIUM INSIGHTS      51

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN DC TORQUE TOOL MARKET            51

FIGURE 15         RAPID INDUSTRIALIZATION AND ECONOMIC GROWTH TO CREATE LUCRATIVE OPPORTUNITIES FOR PLAYERS IN DC TORQUE TOOL MARKET            51

4.2         DC TORQUE TOOL MARKET, BY HANDHELD TOOL       51

FIGURE 16         ELECTRIC TORQUE WRENCHES SEGMENT TO HOLD LARGEST MARKET SHARE IN 2024 51

4.3         DC TORQUE TOOL MARKET, BY CONTROL SYSTEM      52

FIGURE 17         TRANSDUCER CONTROL TOOLS HELD LARGER SHARE OF DC TORQUE TOOL MARKET IN 2023            52

4.4         DC TORQUE TOOL MARKET, BY INDUSTRY       52

FIGURE 18         AUTOMOTIVE SEGMENT TO DOMINATE DC TORQUE TOOL MARKET DURING FORECAST PERIOD   52

4.5         DC TORQUE TOOL MARKET, BY COUNTRY       53

FIGURE 19         INDIA TO WITNESS HIGHEST CAGR IN GLOBAL DC TORQUE TOOL MARKET FROM 2024 TO 2029       53

5            MARKET OVERVIEW     54

5.1         INTRODUCTION            54

5.2         MARKET DYNAMICS     54

FIGURE 20         DC TORQUE TOOL MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES    54

5.2.1      DRIVERS            55

5.2.1.1   Rising automation and data exchange in manufacturing sector   55

5.2.1.2   Growing emphasis on precise torque measurements to meet stringent aviation standards             55

5.2.1.3   Surging demand for electric fastening tools for motor vehicles   55

FIGURE 21         MOTOR VEHICLE SALES, 2019–2023 (MILLION UNITS)    56

5.2.1.4   Rapid infrastructure development and industrialization in emerging economies              56

FIGURE 22         IMPACT ANALYSIS: DRIVERS     57

5.2.2      RESTRAINTS     57

5.2.2.1   High costs and safety risks associated with DC torque tools       57

FIGURE 23         IMPACT ANALYSIS: RESTRAINTS            57

5.2.3      OPPORTUNITIES           58

5.2.3.1   Increasing demand for smart and connected DC torque tools     58

5.2.3.2   Growing preference for renewable energy      58

FIGURE 24         GLOBAL WIND POWER INSTALLATION CAPACITY, 2016–2022 (GW)    58

FIGURE 25         IMPACT ANALYSIS: OPPORTUNITIES    59

5.2.4      CHALLENGES   59

5.2.4.1   Overheating and duty cycle constraints in high-torque operations           59

5.2.4.2   Staying complaint with existing trade policies and safety regulations        60

FIGURE 26         IMPACT ANALYSIS: CHALLENGES          60

5.3         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 60

FIGURE 27         TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES              61

5.4         PRICING ANALYSIS        61

5.4.1      AVERAGE SELLING PRICE TREND, BY HANDHELD TOOL            61

FIGURE 28         AVERAGE SELLING PRICE TREND, BY HANDHELD TOOL, 2020−2023 (USD)           61

5.4.2      AVERAGE SELLING PRICE TREND OF KEY PLAYERS, BY HANDHELD TOOL   62

FIGURE 29         AVERAGE SELLING PRICE TREND OF DC TORQUE HANDHELD TOOLS OFFERED BY KEY PLAYERS (USD)           62

TABLE 2             AVERAGE SELLING PRICE TREND OF DC TORQUE HANDHELD TOOLS OFFERED BY KEY PLAYERS (USD)           62

5.4.3      INDICATIVE PRICING TREND, BY REGION          63

FIGURE 30         INDICATIVE PRICING TREND OF HANDHELD TOOLS, BY REGION, 2021–2023 (USD)          63

TABLE 3             INDICATIVE PRICING TREND OF HANDHELD TOOLS, BY REGION, 2021–2023 (USD)          63

5.5         VALUE CHAIN ANALYSIS            64

FIGURE 31         VALUE CHAIN ANALYSIS            64

5.6         ECOSYSTEM ANALYSIS 65

FIGURE 32         ECOSYSTEM ANALYSIS 65

TABLE 4             ROLE OF COMPANIES IN DC TORQUE TOOL ECOSYSTEM              66

5.7         TECHNOLOGY ANALYSIS           67

5.7.1      KEY TECHNOLOGIES    67

5.7.1.1   Electric motors    67

5.7.1.2   Torque-sensing and control systems 67

5.7.2      COMPLEMENTARY TECHNOLOGIES     68

5.7.2.1   Industry 4.0 and Internet of Things (IoT)      68

5.7.2.2   Ergonomics and human–machine interface (HMI)       68

5.7.2.3   Data analytics and cloud computing 68

5.7.3      ADJACENT TECHNOLOGIES      69

5.7.3.1   Precision engineering and manufacturing      69

5.7.3.2   Material science   69

5.8         PATENT ANALYSIS        70

FIGURE 33         PATENTS APPLIED AND GRANTED, 2014–2023   70

TABLE 5             LIST OF PATENTS, 2021–2024     71

5.9         TRADE ANALYSIS          72

5.9.1      IMPORT SCENARIO (HS CODE 846729)  72

FIGURE 34         IMPORT DATA FOR HS CODE 846729-COMPLIANT PRODUCTS, BY COUNTRY, 2019−2023 (USD MILLION)          72

5.9.2      EXPORT SCENARIO (HS CODE 846729)  73

FIGURE 35         EXPORT DATA FOR HS CODE 846729-COMPLIANT PRODUCTS, BY COUNTRY, 2019−2023 (USD MILLION)          73

5.10       KEY CONFERENCES AND EVENTS, 2024–2025     73

TABLE 6             LIST OF KEY CONFERENCES AND EVENTS, 2024–2025    73

5.11       CASE STUDY ANALYSIS 75

5.11.1    BERGSTROM INC. INTEGRATES MOUNTZ ERROR-PROOFING TOOLS TO ENSURE PRECISION AND RELIABILITY IN AUTOMOTIVE MANUFACTURING              75

5.11.2    ATLAS COPCO GROUP RECOMMENDS CUSTOMERS TO IMPLEMENT ELECTRIC DC TORQUE TOOLS TO ADDRESS FASTENING ISSUES           75

5.11.3    TOYOTA MOTOR CORPORATION IMPLEMENTS ENCORE SYSTEMS’ DC TORQUE TOOLS TO IMPROVE AUTOMOTIVE ASSEMBLY           76

5.12       TARIFF AND REGULATORY LANDSCAPE            76

5.12.1    TARIFF ANALYSIS          76

TABLE 7             MFN TARIFF FOR HS CODE 846729-COMPLIANT PRODUCTS EXPORTED BY US, 2023 76

5.12.2    REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS          77

TABLE 8             NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         77

TABLE 9             EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         77

TABLE 10           ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         78

TABLE 11           ROW: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS         79

5.12.3    STANDARDS     79

TABLE 12           STANDARDS RELATED TO DC TORQUE TOOLS 79

5.13       PORTER’S FIVE FORCES ANALYSIS         81

FIGURE 36         PORTER’S FIVE FORCES ANALYSIS         81

TABLE 13           PORTER’S FIVE FORCES ANALYSIS         81

5.13.1    INTENSITY OF COMPETITIVE RIVALRY 82

5.13.2    BARGAINING POWER OF SUPPLIERS     82

5.13.3    BARGAINING POWER OF BUYERS           82

5.13.4    THREAT OF SUBSTITUTES         82

5.13.5    THREAT OF NEW ENTRANTS    82

5.14       KEY STAKEHOLDERS AND BUYING CRITERIA    83

5.14.1    KEY STAKEHOLDERS IN BUYING PROCESS         83

FIGURE 37         INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES           83

TABLE 14           INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE INDUSTRIES (%)    83

5.14.2    BUYING CRITERIA         84

FIGURE 38         KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES    84

TABLE 15           KEY BUYING CRITERIA FOR TOP THREE INDUSTRIES    84

6            DC TORQUE TOOL MARKET, BY TOOL TYPE     85

6.1         INTRODUCTION            86

FIGURE 39         DC TORQUE TOOL MARKET, BY TOOL TYPE     86

FIGURE 40         HANDHELD TOOLS SEGMENT TO WITNESS HIGHER CAGR FROM 2024 TO 2029       86

TABLE 16           DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)          87

TABLE 17           DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)          87

6.2         HANDHELD TOOLS      87

TABLE 18           HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY TYPE, 2020–2023 (USD MILLION)          88

TABLE 19           HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY TYPE, 2024–2029 (USD MILLION)          88

TABLE 20           HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY TYPE, 2020–2023 (THOUSAND UNITS) 88

TABLE 21           HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY TYPE, 2024–2029 (THOUSAND UNITS) 89

TABLE 22           HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)   89

TABLE 23           HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)   89

TABLE 24           HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)          90

TABLE 25           HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)          90

6.2.1      ELECTRIC NUTRUNNERS           90

6.2.1.1   Accuracy and low energy consumption attributes to foster segmental growth              90

TABLE 26           ELECTRIC NUTRUNNERS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)   91

TABLE 27           ELECTRIC NUTRUNNERS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)   91

6.2.2      ELECTRIC SCREWDRIVERS        91

6.2.2.1   Need for quality assurance services to meet regulatory requirements to augment segmental growth 91

TABLE 28           ELECTRIC SCREWDRIVERS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)   92

TABLE 29           ELECTRIC SCREWDRIVERS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)   92

6.2.3      ELECTRIC TORQUE WRENCHES             92

6.2.3.1   Integration into automated assembly systems for manufacturing process optimization to drive market            92

TABLE 30           ELECTRIC TORQUE WRENCHES: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)           93

TABLE 31           ELECTRIC TORQUE WRENCHES: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)           93

6.2.4      ELECTRIC IMPACT WRENCHES 93

6.2.4.1   Ease of use and operation to contribute to segmental growth     93

TABLE 32           ELECTRIC IMPACT WRENCHES: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)           94

TABLE 33           ELECTRIC IMPACT WRENCHES: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)           94

6.2.5      OTHER HANDHELD TOOLS      94

TABLE 34           OTHER HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)   95

TABLE 35           OTHER HANDHELD TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)   95

6.3         FIXTURED TOOLS         95

6.3.1      REQUIREMENT FOR ACCURATE TORQUE TOOLS IN AUTOMOTIVE ASSEMBLY LINES TO ACCELERATE SEGMENTAL GROWTH        95

TABLE 36           FIXTURED TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          96

TABLE 37           FIXTURED TOOLS: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          96

TABLE 38           FIXTURED TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)          96

TABLE 39           FIXTURED TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)          97

7            DC TORQUE TOOL MARKET, BY POWER SOURCE          98

7.1         INTRODUCTION            99

FIGURE 41         DC TORQUE TOOL MARKET, BY POWER SOURCE          99

FIGURE 42         CORDLESS SEGMENT TO EXHIBIT HIGHER CAGR BETWEEN 2024 AND 2029  99

TABLE 40           DC TORQUE TOOL MARKET, BY POWER SOURCE, 2020–2023 (USD MILLION) 100

TABLE 41           DC TORQUE TOOL MARKET, BY POWER SOURCE, 2024–2029 (USD MILLION) 100

7.2         CORDED TOOLS            100

7.2.1      USE IN HEAVY-DUTY APPLICATIONS REQUIRING HIGH TORQUE TO BOOST SEGMENTAL GROWTH 100

7.3         CORDLESS TOOLS         101

7.3.1      ADVANCES IN BATTERY TECHNOLOGY TO FACILITATE SEGMENTAL GROWTH          101

8            DC TORQUE TOOL MARKET, BY CONTROL SYSTEM      102

8.1         INTRODUCTION            103

FIGURE 43         DC TORQUE TOOL MARKET, BY CONTROL SYSTEM      103

FIGURE 44         TRANSDUCER CONTROL TOOLS SEGMENT TO REGISTER HIGHER CAGR FROM 2024 TO 2029         103

TABLE 42           DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020–2023 (USD MILLION) 104

TABLE 43           DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024–2029 (USD MILLION) 104

8.2         TRANSDUCER CONTROL TOOLS           104

8.2.1      REQUIREMENT FOR PRECISE TORQUE CONTROL IN AUTOMOTIVE AND AEROSPACE MANUFACTURING TO FUEL SEGMENTAL GROWTH  104

TABLE 44           TRANSDUCER CONTROL TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)  105

TABLE 45           TRANSDUCER CONTROL TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)  105

8.3         CURRENT CONTROL TOOLS     105

8.3.1      EASE OF USE AND LOW MAINTENANCE REQUIREMENTS TO AUGMENT SEGMENTAL GROWTH         105

TABLE 46           CURRENT CONTROL TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)       106

TABLE 47           CURRENT CONTROL TOOLS: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)       106

9            DC TORQUE TOOL MARKET, BY INDUSTRY       107

9.1         INTRODUCTION            108

FIGURE 45         DC TORQUE TOOL MARKET, BY INDUSTRY       108

FIGURE 46         AUTOMOTIVE INDUSTRY TO WITNESS HIGHEST CAGR DURING FORECAST PERIOD     109

TABLE 48           DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          109

TABLE 49           DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          109

9.2         AUTOMOTIVE  110

9.2.1      GROWING EMPHASIS ON SMART MANUFACTURING AND AUTOMATION TO BOOST SEGMENTAL GROWTH         110

FIGURE 47         GLOBAL PASSENGER VEHICLE SALES, 2019–2023 (MILLION UNITS) 111

FIGURE 48         GLOBAL COMMERCIAL VEHICLE SALES, 2019–2023 (MILLION UNITS) 111

TABLE 50           AUTOMOTIVE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)          112

TABLE 51           AUTOMOTIVE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)          112

TABLE 52           AUTOMOTIVE: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020–2023 (USD MILLION)      112

TABLE 53           AUTOMOTIVE: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024–2029 (USD MILLION)      113

TABLE 54           AUTOMOTIVE: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)     113

TABLE 55           AUTOMOTIVE: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)     113

9.3         AEROSPACE      114

9.3.1      INCREASING NEED TO COMPLY WITH STRINGENT SAFETY STANDARDS TO CONTRIBUTE TO SEGMENTAL GROWTH         114

TABLE 56           AEROSPACE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)          114

TABLE 57           AEROSPACE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)          114

TABLE 58           AEROSPACE: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020–2023 (USD MILLION)      115

TABLE 59           AEROSPACE: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024–2029 (USD MILLION)      115

TABLE 60           AEROSPACE: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)     115

TABLE 61           AEROSPACE: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)     116

9.4         CONSUMER ELECTRONICS & APPLIANCES         116

9.4.1      RISING FOCUS ON PREVENTING MALFUNCTIONS AND FIRE HAZARDS TO FOSTER SEGMENTAL GROWTH       116

TABLE 62           CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)      116

TABLE 63           CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)      116

TABLE 64           CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020–2023 (USD MILLION) 117

TABLE 65           CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024–2029 (USD MILLION) 117

TABLE 66           CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)            117

TABLE 67           CONSUMER ELECTRONICS & APPLIANCES: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)            118

9.5         ENERGY             118

9.5.1      GROWING COMPLEXITY OF POWER GENERATION TO FUEL SEGMENTAL GROWTH 118

TABLE 68           ENERGY: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)     118

TABLE 69           ENERGY: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)     118

TABLE 70          ENERGY: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020–2023 (USD MILLION)       119

TABLE 71          ENERGY: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024–2029 (USD MILLION)       119

TABLE 72           ENERGY: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION) 119

TABLE 73           ENERGY: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION) 120

9.6         SHIPBUILDING 120

9.6.1      RAPID TECHNOLOGICAL INNOVATION AND DESIGN OPTIMIZATION TO ACCELERATE SEGMENTAL GROWTH           120

TABLE 74           SHIPBUILDING: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)          120

TABLE 75           SHIPBUILDING: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)          120

TABLE 76           SHIPBUILDING: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020–2023 (USD MILLION)      121

TABLE 77           SHIPBUILDING: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024–2029 (USD MILLION)      121

TABLE 78           SHIPBUILDING: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)          121

TABLE 79           SHIPBUILDING: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)          122

9.7         OTHER INDUSTRIES      122

TABLE 80           OTHER INDUSTRIES: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)             122

TABLE 81           OTHER INDUSTRIES: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)             122

TABLE 82           OTHER INDUSTRIES: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2020–2023 (USD MILLION)            123

TABLE 83           OTHER INDUSTRIES: DC TORQUE TOOL MARKET FOR HANDHELD TOOLS, BY TYPE, 2024–2029 (USD MILLION)            123

TABLE 84           OTHER INDUSTRIES: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)          123

TABLE 85           OTHER INDUSTRIES: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)          124

10          DC TORQUE TOOL MARKET, BY REGION           125

10.1       INTRODUCTION            126

FIGURE 49         INDIA TO REGISTER HIGHEST CAGR IN GLOBAL DC TORQUE MARKET DURING FORECAST PERIOD   126

FIGURE 50         ASIA PACIFIC TO DOMINATE GLOBAL DC TORQUE TOOL MARKET FROM 2024 TO 2029     126

TABLE 86           DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)          127

TABLE 87           DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)          127

10.2       NORTH AMERICA          128

10.2.1    RECESSION IMPACT ON DC TORQUE TOOL MARKET IN NORTH AMERICA           128

FIGURE 51         NORTH AMERICA: DC TORQUE TOOL MARKET SNAPSHOT              129

TABLE 88           NORTH AMERICA: DC TORQUE TOOL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          129

TABLE 89           NORTH AMERICA: DC TORQUE TOOL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          130

TABLE 90          NORTH AMERICA: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)          130

TABLE 91          NORTH AMERICA: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)          130

TABLE 92           NORTH AMERICA: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020–2023 (USD MILLION)        130

TABLE 93           NORTH AMERICA: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024–2029 (USD MILLION)        131

TABLE 94           NORTH AMERICA: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          131

TABLE 95           NORTH AMERICA: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          131

10.2.2    US         132

10.2.2.1 Growing use of fastening tools in automobile assembly and production lines to drive market        132

10.2.3    CANADA            132

10.2.3.1 Increasing investment in construction projects to augment market growth              132

10.2.4    MEXICO             132

10.2.4.1 Rising automobile and aircraft manufacturing to contribute to market growth              132

10.3       EUROPE             133

10.3.1    RECESSION IMPACT ON DC TORQUE TOOL MARKET IN EUROPE              133

FIGURE 52         EUROPE: DC TORQUE TOOL MARKET SNAPSHOT         134

TABLE 96           EUROPE: DC TORQUE TOOL MARKET, BY COUNTRY, 2020–2023 (USD MILLION) 134

TABLE 97           EUROPE: DC TORQUE TOOL MARKET, BY COUNTRY, 2024–2029 (USD MILLION) 135

TABLE 98           EUROPE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)     135

TABLE 99           EUROPE: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)     135

TABLE 100         EUROPE: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020–2023 (USD MILLION)          135

TABLE 101         EUROPE: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024–2029 (USD MILLION)          136

TABLE 102         EUROPE: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)     136

TABLE 103         EUROPE: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)     136

10.3.2    GERMANY         137

10.3.2.1 Increasing car registration and manufacturing to foster market growth    137

10.3.3    FRANCE             137

10.3.3.1 Rising house renovation and remodeling activities to accelerate market growth              137

10.3.4    UK         137

10.3.4.1 Increasing investment in infrastructure development projects to boost market growth   137

10.3.5    SPAIN   138

10.3.5.1 Mounting wind power installations to contribute to market growth          138

10.3.6    REST OF EUROPE           138

10.4       ASIA PACIFIC    138

10.4.1    RECESSION IMPACT ON DC TORQUE TOOL MARKET IN ASIA PACIFIC              138

FIGURE 53         ASIA PACIFIC: DC TORQUE TOOL MARKET SNAPSHOT 139

TABLE 104         ASIA PACIFIC: DC TORQUE TOOL MARKET, BY COUNTRY, 2020–2023 (USD MILLION)          140

TABLE 105         ASIA PACIFIC: DC TORQUE TOOL MARKET, BY COUNTRY, 2024–2029 (USD MILLION)          140

TABLE 106         ASIA PACIFIC: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION)          140

TABLE 107         ASIA PACIFIC: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION)          140

TABLE 108         ASIA PACIFIC: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020–2023 (USD MILLION)        141

TABLE 109         ASIA PACIFIC: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024–2029 (USD MILLION)        141

TABLE 110         ASIA PACIFIC: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION)          141

TABLE 111         ASIA PACIFIC: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION)          142

10.4.2    CHINA  142

10.4.2.1 Increasing sales of motor vehicles to contribute to market growth            142

10.4.3    JAPAN  143

10.4.3.1 Growing export of large construction vehicles to boost market growth     143

10.4.4    INDIA   143

10.4.4.1 Rapid industrialization and manufacturing sector growth to drive market 143

10.4.5    REST OF ASIA PACIFIC  144

10.5       ROW     144

10.5.1    RECESSION IMPACT ON DC TORQUE TOOL MARKET IN ROW   144

TABLE 112         ROW: DC TORQUE TOOL MARKET, BY REGION, 2020–2023 (USD MILLION)          144

TABLE 113         ROW: DC TORQUE TOOL MARKET, BY REGION, 2024–2029 (USD MILLION)          145

TABLE 114         ROW: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2020–2023 (USD MILLION) 145

TABLE 115         ROW: DC TORQUE TOOL MARKET, BY TOOL TYPE, 2024–2029 (USD MILLION) 145

TABLE 116         ROW: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2020–2023 (USD MILLION)          145

TABLE 117         ROW: DC TORQUE TOOL MARKET, BY CONTROL SYSTEM, 2024–2029 (USD MILLION)          146

TABLE 118         ROW: DC TORQUE TOOL MARKET, BY INDUSTRY, 2020–2023 (USD MILLION) 146

TABLE 119         ROW: DC TORQUE TOOL MARKET, BY INDUSTRY, 2024–2029 (USD MILLION) 146

10.5.2    SOUTH AMERICA           147

10.5.2.1 Rising enforcement of stringent regulations to ensure manufacturing safety to fuel market growth     147

10.5.3    MIDDLE EAST  147

10.5.3.1 Burgeoning investment in vehicle assembly and component manufacturing to drive market        147

10.5.3.2 GCC countries     147

10.5.3.3 Rest of Middle East            147

10.5.4    AFRICA 148

10.5.4.1 Government-led initiatives to promote industrialization to accelerate market growth   148

11          COMPETITIVE LANDSCAPE       149

11.1       OVERVIEW        149

11.2       KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021−2024   149

TABLE 120         DC TORQUE TOOL MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2021–2024  149

11.3       REVENUE ANALYSIS, 2019–2023 150

FIGURE 54         DC TORQUE TOOL MARKET: REVENUE ANALYSIS OF FOUR KEY PLAYERS, 2019–2023             150

11.4       MARKET SHARE ANALYSIS, 2023             151

TABLE 121         DC TORQUE TOOL MARKET: MARKET SHARE ANALYSIS, 2023              151

FIGURE 55         DC TORQUE TOOL MARKET: MARKET SHARE ANALYSIS, 2023              151

11.5       COMPANY VALUATION AND FINANCIAL METRICS        153

FIGURE 56         COMPANY VALUATION (USD BILLION) 153

FIGURE 57         FINANCIAL METRICS (EV/EBITDA)        153

11.6       BRAND/PRODUCT COMPARISON          154

FIGURE 58         BRAND/PRODUCT COMPARISON          154

11.7       COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023   154

11.7.1    STARS  154

11.7.2    EMERGING LEADERS    154

11.7.3    PERVASIVE PLAYERS     155

11.7.4    PARTICIPANTS 155

FIGURE 59         DC TORQUE TOOL MARKET: COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023     155

11.7.5    COMPANY FOOTPRINT: KEY PLAYERS, 2023      156

11.7.5.1 Company footprint            156

FIGURE 60         DC TORQUE TOOL MARKET: COMPANY FOOTPRINT    156

11.7.5.2 Tool type footprint            157

TABLE 122         DC TORQUE TOOL MARKET: TOOL TYPE FOOTPRINT 157

11.7.5.3 Power source footprint      158

TABLE 123         DC TORQUE TOOL MARKET: POWER SOURCE FOOTPRINT              158

11.7.5.4 Industry footprint 159

TABLE 124         DC TORQUE TOOL MARKET: INDUSTRY FOOTPRINT    159

11.7.5.5 Region footprint  160

TABLE 125         DC TORQUE TOOL MARKET: REGION FOOTPRINT        160

11.8       COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2023          161

11.8.1    PROGRESSIVE COMPANIES       161

11.8.2    RESPONSIVE COMPANIES          161

11.8.3    DYNAMIC COMPANIES 161

11.8.4    STARTING BLOCKS       161

FIGURE 61         DC TORQUE TOOL MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2023             162

11.8.5    COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2023             163

11.8.5.1 Detailed list of key startups/SMEs   163

TABLE 126         DC TORQUE TOOL MARKET: DETAILED LIST OF KEY STARTUPS/SMES           163

11.8.5.2 Competitive benchmarking of key startups/SMEs        163

TABLE 127         DC TORQUE TOOL MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES           163

11.9       COMPETITIVE SCENARIO AND TRENDS             164

11.9.1    PRODUCT LAUNCHES  164

TABLE 128         DC TORQUE TOOL MARKET: PRODUCT LAUNCHES, JANUARY 2021–MARCH 2024          164

11.9.2    OTHERS             165

TABLE 129         DC TORQUE TOOL MARKET: DEALS, JANUARY 2021–MARCH 2024      165

12          COMPANY PROFILES    166

(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*

12.1       KEY PLAYERS   166

12.1.1    ATLAS COPCO AB          166

TABLE 130         ATLAS COPCO AB: COMPANY OVERVIEW          166

FIGURE 62         ATLAS COPCO AB: COMPANY SNAPSHOT          167

TABLE 131         ATLAS COPCO AB: PRODUCTS/SOLUTIONS/SERVICES OFFERED          167

TABLE 132         ATLAS COPCO AB: PRODUCT LAUNCHES          169

12.1.2    APEX TOOL GROUP, LLC           170

TABLE 133         APEX TOOL GROUP, LLC: COMPANY OVERVIEW            170

TABLE 134         APEX TOOL GROUP, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED          171

12.1.3    STANLEY BLACK & DECKER, INC.           173

TABLE 135         STANLEY BLACK & DECKER, INC.: COMPANY OVERVIEW              173

FIGURE 63         STANLEY BLACK & DECKER, INC.: COMPANY SNAPSHOT              174

TABLE 136         STANLEY BLACK & DECKER, INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   174

TABLE 137         STANLEY BLACK & DECKER, INC.: PRODUCT LAUNCHES              175

TABLE 138         STANLEY BLACK & DECKER, INC.: OTHERS        175

12.1.4    ROBERT BOSCH GMBH 177

TABLE 139         ROBERT BOSCH GMBH: COMPANY OVERVIEW 177

FIGURE 64         ROBERT BOSCH GMBH: COMPANY SNAPSHOT 178

TABLE 140         ROBERT BOSCH GMBH: PRODUCTS/SOLUTIONS/SERVICES OFFERED          178

12.1.5    INGERSOLL RAND         180

TABLE 141         INGERSOLL RAND: COMPANY OVERVIEW          180

FIGURE 65         INGERSOLL RAND: COMPANY SNAPSHOT         181

TABLE 142         INGERSOLL RAND: PRODUCTS/SOLUTIONS/SERVICES OFFERED          182

12.1.6    GEDORE WERKZEUGFABRIK GMBH & CO. KG    184

TABLE 143         GEDORE WERKZEUGFABRIK GMBH & CO. KG.: COMPANY OVERVIEW        184

TABLE 144         GEDORE WERKZEUGFABRIK GMBH & CO. KG.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   184

12.1.7    HILTI CORPORATION   185

TABLE 145         HILTI CORPORATION: COMPANY OVERVIEW   185

FIGURE 66         HILTI CORPORATION: COMPANY SNAPSHOT   186

TABLE 146         HILTI CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          187

12.1.8    MAKITA CORPORATION            188

TABLE 147         MAKITA CORPORATION: COMPANY OVERVIEW             188

FIGURE 67         MAKITA CORPORATION: COMPANY SNAPSHOT             189

TABLE 148         MAKITA CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED          189

12.1.9    TECHTRONIC INDUSTRIES CO. LTD.     191

TABLE 149         TECHTONIC INDUSTRIES CO. LTD.: COMPANY OVERVIEW              191

FIGURE 68         TECHTONIC INDUSTRIES CO. LTD.: COMPANY SNAPSHOT              192

TABLE 150         TECHTONIC INDUSTRIES CO. LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED   193

12.1.10  URYU SEISAKU, LTD.     194

TABLE 151         URYU SEISAKU, LTD.: COMPANY OVERVIEW     194

TABLE 152         URYU SEISAKU, LTD.: PRODUCTS/SOLUTIONS/SERVICES OFFERED          194

TABLE 153         URYU SEISAKU, LTD.: PRODUCT LAUNCHES     195

12.2       OTHER PLAYERS           196

12.2.1    AIMCO 196

TABLE 154         AIMCO: COMPANY OVERVIEW  196

12.2.2    ESTIC CORPORATION   197

TABLE 155         ESTIC CORPORATION: COMPANY OVERVIEW   197

12.2.3    DELTA REGIS   197

TABLE 156         DELTA REGIS: COMPANY OVERVIEW    197

12.2.4    DESOUTTER INDUSTRIAL TOOLS          198

TABLE 157         DESOUTTER INDUSTRIAL TOOLS: COMPANY OVERVIEW              198

12.2.5    FEIN POWER TOOLS, INC.          198

TABLE 158         FEIN POWER TOOLS, INC.: COMPANY OVERVIEW          198

12.2.6    KOKI HOLDINGS CO., LTD.        199

TABLE 159         KOKI HOLDINGS CO., LTD.: COMPANY OVERVIEW        199

12.2.7    KOLVER SRL.    199

TABLE 160         KOLVER SRL: COMPANY OVERVIEW      199

12.2.8    MINT GMBH     200

TABLE 161         MINT GMBH: COMPANY OVERVIEW      200

12.2.9    NORBAR TORQUE TOOLS          200

TABLE 162         NORBAR TORQUE TOOLS: COMPANY OVERVIEW          200

12.2.10  PANASONIC CORPORATION     201

TABLE 163         PANASONIC CORPORATION: COMPANY OVERVIEW      201

12.2.11  RHINO TOOL HOUSE    201

TABLE 164         RHINO TOOL HOUSE: COMPANY OVERVIEW    201

12.2.12  SNAP-ON           202

TABLE 165         SNAP-ON: COMPANY OVERVIEW           202

12.2.13  SUMAKE INDUSTRIAL CO., LTD.             203

TABLE 166         SUMAKE INDUSTRIAL CO., LTD.: COMPANY OVERVIEW              203

12.2.14  TOHNICHI MFG. CO., LTD.        203

TABLE 167         TOHNICHI MFG. CO., LTD.: COMPANY OVERVIEW         203

12.2.15  WEBER SCREWDRIVING SYSTEMS, INC. 204

TABLE 168         WEBER SCREWDRIVING SYSTEMS, INC.: COMPANY OVERVIEW              204

*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

13          ADJACENT MARKET      205

13.1       INTRODUCTION            205

FIGURE 69         POWER TOOLS MARKET, BY APPLICATION       205

FIGURE 70         RESIDENTIAL/DIY SEGMENT TO RECORD HIGHER CAGR DURING FORECAST PERIOD     206

TABLE 169         POWER TOOLS MARKET, BY APPLICATION, 2020–2023 (USD MILLION)          206

TABLE 170         POWER TOOLS MARKET, BY APPLICATION, 2024–2029 (USD MILLION)          206

13.2       INDUSTRIAL/PROFESSIONAL   207

FIGURE 71         CONSTRUCTION SEGMENT TO DOMINATE MARKET FOR INDUSTRIAL/PROFESSIONAL APPLICATIONS FROM 2024 TO 2029          207

TABLE 171         INDUSTRIAL/PROFESSIONAL: POWER TOOLS MARKET, BY TYPE, 2020–2023 (USD MILLION)             208

TABLE 172         INDUSTRIAL/PROFESSIONAL: POWER TOOLS MARKET, BY TYPE, 2024–2029 (USD MILLION)             208

TABLE 173         INDUSTRIAL/PROFESSIONAL: POWER TOOLS MARKET, BY REGION, 2020–2023 (USD MILLION)       208

TABLE 174         INDUSTRIAL/PROFESSIONAL: POWER TOOLS MARKET, BY REGION, 2024–2029 (USD MILLION)       209

13.2.1    CONSTRUCTION            209

13.2.1.1 Growing demand for impact drills and rotary hammers in construction projects to boost segmental growth     209

TABLE 175         CONSTRUCTION: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020–2023 (USD MILLION) 209

TABLE 176         CONSTRUCTION: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION) 210

TABLE 177         CONSTRUCTION: POWER TOOLS MARKET, BY REGION, 2020–2023 (USD MILLION)     210

TABLE 178         CONSTRUCTION: POWER TOOLS MARKET, BY REGION, 2024–2029 (USD MILLION)     210

13.2.2    AUTOMOTIVE  211

13.2.2.1 Ease of maintenance by speeding up repetitive processes to drive market 211

TABLE 179         AUTOMOTIVE: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020–2023 (USD MILLION) 211

TABLE 180         AUTOMOTIVE: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION) 211

TABLE 181         AUTOMOTIVE: POWER TOOLS MARKET, BY REGION, 2020–2023 (USD MILLION) 212

TABLE 182         AUTOMOTIVE: POWER TOOLS MARKET, BY REGION, 2024–2029 (USD MILLION) 212

13.2.3    AEROSPACE      212

13.2.3.1 Rising demand for fuel-efficient and quiet aircraft components to accelerate segmental growth 212

TABLE 183         AEROSPACE: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020–2023 (USD MILLION) 213

TABLE 184         AEROSPACE: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION) 213

TABLE 185         AEROSPACE: POWER TOOLS MARKET, BY REGION, 2020–2023 (USD MILLION) 213

TABLE 186         AEROSPACE: POWER TOOLS MARKET, BY REGION, 2024–2029 (USD MILLION) 213

13.2.4    ENERGY             214

13.2.4.1 Increasing number of wind projects in developing countries to fuel segmental growth   214

TABLE 187         ENERGY: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020–2023 (USD MILLION)          214

TABLE 188         ENERGY: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION)          214

TABLE 189         ENERGY: POWER TOOLS MARKET, BY REGION, 2020–2023 (USD MILLION)          215

TABLE 190         ENERGY: POWER TOOLS MARKET, BY REGION, 2024–2029 (USD MILLION)          215

13.2.5    SHIPBUILDING 215

13.2.5.1 Growing demand for screwdrivers, electric nutrunners, and impact wrenches to augment market growth     215

TABLE 191         SHIPBUILDING: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020–2023 (USD MILLION) 216

TABLE 192         SHIPBUILDING: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION) 216

TABLE 193         SHIPBUILDING: POWER TOOLS MARKET, BY REGION, 2020–2023 (USD MILLION)     216

TABLE 194         SHIPBUILDING: POWER TOOLS MARKET, BY REGION, 2024–2029 (USD MILLION)     216

13.2.6    OTHER INDUSTRIES      217

TABLE 195         OTHER INDUSTRIES: POWER TOOLS MARKET, BY MODE OF OPERATION, 2020–2023 (USD MILLION) 217

TABLE 196         OTHER INDUSTRIES: POWER TOOLS MARKET, BY MODE OF OPERATION, 2024–2029 (USD MILLION) 217

TABLE 197         OTHER INDUSTRIES: POWER TOOLS MARKET, BY REGION, 2020–2023 (USD MILLION)          218

TABLE 198         OTHER INDUSTRIES: POWER TOOLS MARKET, BY REGION, 2024–2029 (USD MILLION)          218

13.3       RESIDENTIAL/DIY         218

13.3.1    RISING FOCUS ON REMODELING AND REFURBISHING EXISTING HOMES TO BOOST SEGMENTAL GROWTH        218

TABLE 199         RESIDENTIAL/DIY: POWER TOOLS MARKET, BY REGION, 2020–2023 (USD MILLION)     219

TABLE 200         RESIDENTIAL/DIY: POWER TOOLS MARKET, BY REGION, 2024–2029 (USD MILLION)     219

14          APPENDIX         220

14.1       INSIGHTS FROM INDUSTRY EXPERTS   220

14.2       DISCUSSION GUIDE      221

14.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             224

14.4       CUSTOMIZATION OPTIONS      226

14.5       RELATED REPORTS       226

14.6       AUTHOR DETAILS         227