Global DC Torque Tool Market Research Report 2019 (Includes Business Impact of COVID-19)

                                          
"The ongoing Coronavirus (COVID-19) pandemic is re-shaping everything from global economies to product categories, pricing, and stock availability to the consumer behavior. The final report is updated to address the impact of COVID-19 on the DC Torque Tool market.

Trusted Business Insights is tracking mining/oil and gas, transportation, employment services, travel arrangements, and the leisure and hospitality sector closely as they are likely to be the hardest-hit sectors. Utilities, local pharma, diagnostics, consumer goods and durables, agro chem and fertilizers, and telecommunications are the sectors that will be weathering the COVID-19 storm and most likely come out relatively unscathed. Interdependencies of sectors are factored in our research report on the DC Torque Tool market."
The growth of the DC torque tool market is propelled by various factors such as the increasing sales of commercial and passenger vehicles, the adoption of Industry 4.0 accelerates the use of DC torque tools. Moreover, the advent of DC brushless motors and Li“ion batteries has helped the DC torque tool market to evolve.
The energy industry is expected to drive the growth of the DC torque tool market owing to the huge growth in the wind energy industry. According to the Global Wind Energy Council (GWEC), at the end of 2016, the worldwide total installed capacity of wind energy was 486,790 MW, which has grown about 12% from the previous year. Typically, the wind industry requirement for high torque fastening is fulfilled by pneumatic tools. However, the development of powerful tools and benefits such as quality control, ergonomics, and convenience offered by cordless power tools, especially in offshore wind installation, are some key factors driving the growth of the said market.

The global DC Torque Tool market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of 3.1% during 2019-2025.
This report focuses on DC Torque Tool volume and value at global level, regional level and company level. From a global perspective, this report represents overall DC Torque Tool market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
    Atlas Copco AB
    Apex Tool Group, LLC
    Stanley Black & Decker, Inc.
    Robert Bosch GmbH
    Ingersoll-Rand Plc
    Hilti Corporation
    Techtronic Industries Co. Ltd. (TTi)
    Uryu Seisaku, Ltd.
    Makita Corporation
    Gedore-Werkzeugfabrik GmbH & Co. KG
    Panasonic Corporation
    Hitachi Koki Co., Ltd.
    ESTIC Corporation

Segment by Regions
    North America
    Europe
    China
    Japan

Segment by Type
    Corded
    Cordless

Segment by Application
    Handheld Tools
    Fixtured Tools