Dublin, Jan. 25, 2024 (GLOBE NEWSWIRE) -- The "DC Torque Tools: Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.
The global market for DC Torque Tools estimated at US$3.5 Billion in the year 2022, is projected to reach a revised size of US$4.7 Billion by 2030, growing at a CAGR of 3.6% over the analysis period 2022-2030.
Handheld Tools, one of the segments analyzed in the report, is projected to record 3.3% CAGR and reach US$2.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Fixtured Tools segment is readjusted to a revised 4% CAGR for the next 8-year period. 
The DC Torque Tools market in the U.S. is estimated at US$950.3 Million in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$956.8 Million by the year 2030 trailing a CAGR of 5.4% over the analysis period 2022 to 2030.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.3% and 2.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 2.7% CAGR.
Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio.
Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. .
Competitors identified in this market include:
- Apex Tool Group
- Atlas Copco AB
- ESTIC Corporation
- GEDORE Werkzeugfabrik GmbH & Co. KG
- Hilti Corporation
- Hitachi Koki Co., Ltd.
- Ingersoll-Rand PLC
- Makita Corporation
- Panasonic Corporation
- Robert Bosch GmbH
- Stanley Black & Decker, Inc.
- Techtronic Industries Co., Ltd.
- Uryu Seisaku, Ltd.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 208 |
| Forecast Period | 2022 - 2030 |
| Estimated Market Value (USD) in 2022 | $3.5 Billion |
| Forecasted Market Value (USD) by 2030 | $4.7 Billion |
| Compound Annual Growth Rate | 3.8% |
| Regions Covered | Global |
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
- UNITED STATES
- CANADA
- JAPAN
- CHINA
- EUROPE
- FRANCE
- GERMANY
- ITALY
- UNITED KINGDOM
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA-PACIFIC
- AUSTRALIA
- INDIA
- SOUTH KOREA
- REST OF ASIA-PACIFIC
- LATIN AMERICA
- ARGENTINA
- BRAZIL
- MEXICO
- REST OF LATIN AMERICA
- MIDDLE EAST
- IRAN
- ISRAEL
- SAUDI ARABIA
- UNITED ARAB EMIRATES
- REST OF MIDDLE EAST
- AFRICA
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/p3wcvn
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