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DC Torque Tool Market by Type (Handheld and Fixtured Tools), Power Source (Corded and Cordless), Control System (Transducer and Current), Industry (Automotive, Aerospace, and Energy), and Geography - Global Forecast to 2023

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Date: 13-Sep-2017
No. of pages: 145
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“DC torque tool market to exhibit steady growth between 2017 and 2023”

The DC torque tool market is expected to grow from USD 2.81 billion in 2017 to USD 3.38 billion by 2023,at a CAGR of 3.16% between 2017 and 2023.The key driving factors for the growth of the DC torque tool market include the increasing sales of commercial and passenger vehicles, the use of Industry 4.0 accelerates adoption of DC torque tools, the requirement of specific torque as well as flexible and efficient fastening tools. Moreover, the advent of brushless DC motors drives the growth of the market for cordless fastening tools.

“Automotive industry is the prominent market for the DC torque tool market”

DC torque tools are widely used in the automotive industry at various stages. These tools are used by OEMs as well as in the service and repair centers. According to the International Organization of Motor Vehicle Manufacturers (OICA), the global commercial vehicle sales have surged by 3.27% and 4.37% in 2015 and 2016, respectively. Moreover, automotive manufacturers continued to invest in the new and upgraded production line. The automotive industry requires critical fastening solutions and DC torque tools that provide the precise torque. Increasing automotive production is expected to drive the DC torque tool market in the near future.

“APAC to be the fastest-growing market for DC torque tool during the forecast period”

APAC is the emerging market for the DC torque tool. According to the OICA, in 2016, the automotive production in APAC was ~54% of total automotive production. Moreover, China and India are the major countries in APAC that are involved inthe development of wind energy. According to the Global Wind Energy Council (GWEC), in 2016, China led the global wind market for 8 consecutive years and had the highest installed wind power capacity in 2016.Hence, with the growing industry of automotive, power, electronics and consumer appliances, APAC is expected to be the fastest-growing market for DC torque tools.

The break-up of the profiles of primary participants for the report has been given below:


  • By Company Size: Tier 1 =30%, Tier 2 =35%, and Tier 3 =35%

  • By Designation: C–Level Executives =55%, D–Level Executives =30%, and Others=15%

  • By Region: North America =35%, Europe =35%, APAC =20%, and RoW =10%


The key players in the market include Atlas Copco AB (Sweden), Robert Bosch GmbH (Germany), Stanley Black & Decker, Inc. (US), Apex Tool Group, LLC. (US), Ingersoll-Rand plc (Ireland), Hilti Corporation (Liechtenstein), Makita Corporation (Japan), Techtronic Industries Company Limited(Hong Kong), Uryu Seisaku, Ltd. (Japan), and Gedore-Werkzeugfabrik GmbH & Co. KG (Germany).

 Research Coverage:

The research report on the global DC torque tool market covers different segments—type, power source, control system, industry, and geography. The market based on type has been segmented into handheld and fixtured tools. On the basis of power source, the DC torque tool market has been classified into corded and cordless tools. The report covers the two types of control systems—transducer control and current control tools. Further, the DC torque tool market has been segmented on the basis of industries into automotive, aerospace, electronics & consumer appliances, energy, shipbuilding, and others (construction, process, metalworking, agriculture, medical device, and railway). The report covers four major geographic regions—North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:


  • Illustrative segmentation, analysis, and forecast for the market based on type, power source, control system, industry, and geography have been conducted to give an overall view of the DC torque tool market.

  • The value chain analysis included in the report to provide an in-depth insight into the DC torque tool market.

  • The major drivers, restraints, opportunities, and challenges for the DC torque tool market have been detailed in this report.

  • The report includes a detailed competitive landscape along with key players, in-depth analysis, and revenue of key players.

  • Competitive leadership mapping analysis provided in the report gave in-depth analysis of various manufacturers in the DC torque tool market and listed them in dynamic differentiators, emerging companies, innovators, and visionary leaders.

DC Torque Tool Market by Type (Handheld and Fixtured Tools), Power Source (Corded and Cordless), Control System (Transducer and Current), Industry (Automotive, Aerospace, and Energy), and Geography - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope
1.3.3 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Major Secondary Sources
2.1.1.2 Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Interviews With Experts
2.1.2.2 Breakdown of Primaries
2.1.2.3 Primary Sources
2.1.2.4 Key Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
2.2.2 Top-Down Approach
2.2.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumption

3 Executive Summary

4 Premium Insights
4.1 DC Torque Tool Market Opportunities
4.2 Handheld DC Torque Tool Market for Automotive Industry, By Power Source
4.3 DC Torque Tool Market for Electronics and Consumer Appliances Industry, By Type
4.4 DC Torque Tool Market in APAC, By Country and Industry
4.5 DC Torque Tool Market, By Geography

5 Market Overview
5.1 Introduction
5.2 Value Chain Analysis
5.2.1 Components
5.2.1.1 Dc Brushless Motors: Disruptive Innovation
5.2.1.2 Lithium-Ion (Li-Ion) Batteries: Dynamic Opportunities in the Electric Fastening Tools
5.2.1.2.1 European Union Promoting Use of Li-Ion Batteries in Electric Fastening Tools
5.2.2 Electric Fastening Tool Manufacturers
5.2.3 Distributors and End-User Industries
5.3 Wireless Charging: New Trend in the Power Tool Market
5.4 Brand Analysis: Importance of Brand in the DC Torque Tool Market
5.5 Market Dynamics
5.5.1 Drivers
5.5.1.1 Industry 4.0 Accelerates Adoption of Electric Fastening Tools
5.5.1.2 Requirement of Specific Torque as Well as Flexible and Efficient Fastening Tools
5.5.1.3 Growth in Sales of Commercial Vehicles
5.5.2 Restraints
5.5.2.1 Unsuitability of Fastening Tools for Harsh Environments
5.5.3 Opportunities
5.5.3.1 Lucrative Opportunity in Wind Energy Industry
5.5.3.2 Smart Tools are Gaining More Importance
5.5.4 Challenges
5.5.4.1 Keeping Track of Electric Fastening Tools
5.5.4.2 High Price and Strict Global Trade Regulations

6 DC Torque Tool Market, By Type
6.1 Introduction
6.2 Handheld Tools
6.2.1 Electric Nutrunner
6.2.2 Electric Screwdriver
6.2.3 Electric Torque Wrench
6.2.4 Electric Impact Driver
6.2.5 Others
6.3 Fixtured Tools

7 DC Torque Tool Market, By Power Source
7.1 Introduction
7.2 Corded Tools
7.3 Cordless Tools

8 DC Torque Tool Market, By Control System
8.1 Introduction
8.2 Transducer Control Tools
8.3 Current Control Tools

9 DC Torque Tool Market, By Industry
9.1 Introduction
9.2 Automotive
9.2.1 Original Equipment Manufacturers
9.2.1.1 Passenger Vehicles
9.2.1.2 Commercial Vehicles
9.2.2 Services & Repairs
9.3 Aerospace
9.4 Electronic and Consumer Appliances
9.5 Energy
9.6 Shipbuilding
9.7 Others

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Mexico
10.2.3 Canada
10.3 Europe
10.3.1 Germany
10.3.2 France
10.3.3 UK
10.3.4 Spain
10.3.5 Rest of Europe
10.4 APAC
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4 Rest of APAC
10.5 Rest of the World
10.5.1 Middle East & Africa
10.5.2 South America

11 Competitive Landscape
11.1 Overview
11.2 Market Ranking Analysis: DC Torque Tool Market
11.3 Competitive Situations and Trends
11.3.1 Battle for Market Share: Product Launches and Developments Was the Key Strategy Between 2014 and 2017
11.3.2 Product Launches and Developments
11.3.3 Acquisitions
11.3.4 Expansions

12 Company Profiles
12.1 Introduction
(Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments)*
12.2 Atlas Copco AB
12.3 Apex Tool Group, LLC
12.4 Stanley Black & Decker, Inc.
12.5 Robert Bosch GmbH
12.6 Ingersoll-Rand Plc
12.7 Hilti Corporation
12.8 Techtronic Industries Co. Ltd. (TTi)
12.9 Uryu Seisaku, Ltd.
12.10 Makita Corporation
12.11 Gedore-Werkzeugfabrik GmbH & Co. KG
12.12 Key Innovators
12.12.1 Panasonic Corporation
12.12.2 Hitachi Koki Co., Ltd.
12.12.3 ESTIC Corporation

*Details on Business Overview, Products Offered & Services Strategies, Key Insights, Recent Developments, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Insights of Industry Experts
13.2 Discussion Guide for the DC Torque Tool Market
13.3 Knowledge Store: Marketsandmarkets- Subscription Portal
13.4 Introducing RT: Real-Time Market Intelligence
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 DC Torque Tool Market, By Type, 2014-2023 (USD Million)
Table 2 DC Torque Tool Market for Automotive Industry, By Type, 2014-2023 (USD Million)
Table 3 DC Torque Tool Market for Aerospace Industry, By Type, 2014-2023 (USD Million)
Table 4 DC Torque Tool Market for Electronics and Consumer Appliances Industry, By Type, 2014-2023 (USD Million)
Table 5 DC Torque Tool Market for Energy Industry, By Type, 2014-2023 (USD Million)
Table 6 DC Torque Tool Market for Shipbuilding, By Type, 2014-2023 (USD Million)
Table 7 DC Torque Tool Market for Other Industries, By Type, 2014-2023 (USD Million)
Table 8 Handheld DC Torque Tool Market, By Power Source, 2014-2023 (USD Million)
Table 9 Handheld DC Torque Tool Market for Automotive Industry, By Power Source, 2014-2023 (USD Million)
Table 10 Handheld DC Torque Tool Market for Aerospace Industry, By Power Source, 2014-2023 (USD Million)
Table 11 Handheld DC Torque Tool Market for Electronics and Consumer Appliances Industry, By Power Source, 2014-2023 (USD Million)
Table 12 Handheld DC Torque Tool Market for Energy Industry, By Power Source, 2014-2023 (USD Million)
Table 13 Handheld DC Torque Tool Market for Shipbuilding Industry, By Power Source, 2014-2023 (USD Million)
Table 14 Handheld DC Torque Tool Market for Other Industries, By Power Source, 2014-2023 (USD Million)
Table 15 DC Torque Tool Market, By Control System, 2014-2023 (USD Million)
Table 16 Transducer Control DC Torque Tool Market, By Region, 2014-2023 (USD Million)
Table 17 Current Control DC Torque Tool Market, By Region, 2014-2023 (USD Million)
Table 18 DC Torque Tool Market in North America, By Control System, 2014-2023 (USD Million)
Table 19 DC Torque Tool Market in Europe, By Control System, 2014-2023 (USD Million)
Table 20 DC Torque Tool Market in APAC, By Control System, 2014-2023 (USD Million)
Table 21 DC Torque Tool Market in RoW, By Control System, 2014-2023 (USD Million)
Table 22 DC Torque Tool Market, By Industry, 2014-2023 (USD Million)
Table 23 DC Torque Tool Market in Automotive Industry, By Region, 2014-2023 (USD Million)
Table 24 DC Torque Tool Market in Aerospace Industry, By Region, 2014-2023 (USD Million)
Table 25 DC Torque Tool Market in Electronics and Consumer Appliances Industry, By Region, 2014-2023 (USD Million)
Table 26 DC Torque Tool Market for Energy Industry, By Region, 2014-2023 (USD Million)
Table 27 DC Torque Tool Market for Shipbuilding Industry, By Region, 2014-2023 (USD Million)
Table 28 DC Torque Tool Market for Other Industries, By Region, 2014-2023 (USD Million)
Table 29 DC Torque Tool Market, By Region, 2014-2023 (USD Million)
Table 30 Transducer Control DC Torque Tool Market, By Region, 2014-2023 (USD Million)
Table 31 Current Control DC Torque Tool Market, By Region, 2014-2023 (USD Million)
Table 32 DC Torque Tool Market in North America, By Industry, 2014-2023 (USD Million)
Table 33 DC Torque Tool Market in North America, By Country, 2014-2023 (USD Million)
Table 34 DC Torque Tool Market for Automotive Industry in North America, By Country, 2014-2023 (USD Million)
Table 35 DC Torque Tool Market for Aerospace Industry in North America, By Country, 2014-2023 (USD Million)
Table 36 DC Torque Tool Market for Electronics and Consumer Appliances Industry in North America, By Country, 2014-2023 (USD Million)
Table 37 DC Torque Tool Market for Energy Industry in North America, By Country, 2014-2023 (USD Million)
Table 38 DC Torque Tool Market for Shipbuilding Industry in North America, By Country, 2014-2023 (USD Million)
Table 39 DC Torque Tool Market for Other Industries in North America, By Country, 2014-2023 (USD Million)
Table 40 DC Torque Tool Market in Europe, By Industry, 2014-2023 (USD Million)
Table 41 DC Torque Tool Market in Europe, By Country, 2014-2023 (USD Million)
Table 42 DC Torque Tool Market for Automotive Industry in Europe, By Country, 2014-2023 (USD Million)
Table 43 DC Torque Tool Market for Aerospace Industry in Europe, By Country, 2014-2023 (USD Million)
Table 44 DC Torque Tool Market for Electronics and Consumer Appliances Industry in Europe, By Country, 2014-2023 (USD Million)
Table 45 DC Torque Tool Market for Energy Industry in Europe, By Country, 2014-2023 (USD Million)
Table 46 DC Torque Tool Market for Shipbuilding Industry in Europe, By Country, 2014-2023 (USD Million)
Table 47 DC Torque Tool Market for Other Industries in Europe, By Country, 2014-2023 (USD Million)
Table 48 DC Torque Tool Market in APAC, By Industry, 2014-2023 (USD Million)
Table 49 DC Torque Tool Market in APAC, By Country, 2014-2023 (USD Million)
Table 50 DC Torque Tool Market for Automotive Industry in APAC, By Country, 2014-2023 (USD Million)
Table 51 DC Torque Tool Market for Aerospace Industry in APAC, By Country, 2014-2023 (USD Million)
Table 52 DC Torque Tool Market for Electronics and Consumer Appliances in APAC, By Country, 2014-2023 (USD Million)
Table 53 DC Torque Tool Market for Energy Industry in APAC, By Country, 2014-2023 (USD Million)
Table 54 DC Torque Tool Market for Shipbuilding Industry in APAC, By Country, 2014-2023 (USD Million)
Table 55 DC Torque Tool Market for Other Industries in APAC, By Country, 2014-2023 (USD Million)
Table 56 DC Torque Tool Market in RoW, By Industry, 2014-2023 (USD Million)
Table 57 DC Torque Tool Market in RoW, By Region, 2014-2023 (USD Million)
Table 58 DC Torque Tool Market for Automotive Industry in RoW, By Region, 2014-2023 (USD Million)
Table 59 DC Torque Tool Market for Aerospace Industry in RoW, By Region, 2014-2023 (USD Million)
Table 60 DC Torque Tool Market for Electronics and Consumer Appliances Industry in RoW, By Region, 2014-2023 (USD Million)
Table 61 DC Torque Tool Market for Energy Industry in RoW, By Region, 2014-2023 (USD Million)
Table 62 DC Torque Tool Market for Shipbuilding Industry in RoW, By Region, 2014-2023 (USD Million)
Table 63 DC Torque Tool Market for Other Industries in RoW, By Region, 2014-2023 (USD Million)
Table 64 Ranking Analysis of Key Players in DC Torque Tool Market, 2017

List of Figures

Figure 1 DC Torque Tool Market Segmentation
Figure 2 DC Torque Tool Market: Research Design
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 DC Torque Tool Market Segmentation
Figure 7 Handheld Electric Fastening Tools Expected to Lead the DC Torque Tool Market During 2017-2023
Figure 8 Market for Cordless Tools Expected to Grow at A Higher CAGR During the Forecast Period
Figure 9 Transducer Control Tools Expected to Dominate the DC Torque Tool Market Between 2017 and 2023
Figure 10 Automotive Industry Anticipated to Hold the Largest Size of the DC Torque Tool Market By 2023
Figure 11 Europe Held the Largest Market Share in 2016
Figure 12 Attractive Opportunities in the DC Torque Tool Market Between 2017 and 2023
Figure 13 Market for Cordless Fastening Tools for Automotive Industry Estimated to Grow at A Higher CAGR By 2023
Figure 14 Fixtured Electric Fastening Tools to Capture A Larger Market Share of Electronics & Consumer Appliances Industry By 2023
Figure 15 China to Dominate the DC Torque Tool Market in 2017
Figure 16 Europe is Expected to Lead the DC Torque Tool Market By 2023
Figure 17 DC Torque Tool Value Chain
Figure 18 DROC: DC Torque Tool Market
Figure 19 Global Cumulative Installed Wind Capacity, 2001-2016
Figure 20 DC Torque Tool Market, By Type
Figure 21 Handheld Electric Fastening Tools to Dominate the Market Between 2017 and 2023
Figure 22 Handheld Electric Fastening Tools to Account for A Larger Market Share of Aerospace Industry By 2023
Figure 23 DC Torque Tool Market, By Power Source
Figure 24 Market for Cordless Electric Fastening Tools Expected to Grow at A Higher CAGR During Forecast Period
Figure 25 Corded Electric Fastening Tools to Hold A Larger Market Size for Automotive Industry By 2023
Figure 26 DC Torque Tool Market, By Control System
Figure 27 Transducer Control Tools Expected to Lead the DC Torque Tool Market During 2017-2023
Figure 28 Transducer Control DC Torque Tool to Dominate the European Market During 2017-2023
Figure 29 DC Torque Tool Market, By Industry
Figure 30 DC Torque Tool Market for Energy Industry to Grow at the Highest CAGR During the Forecast Period
Figure 31 Sales of Passenger Vehicles (2012-2016)
Figure 32 Sales of Commercial Vehicles (2012-2016)
Figure 33 Europe to Capture the Largest Size of the DC Torque Tool Market for Energy Industry By 2023
Figure 34 Electric Fastening Tool Market, Geographic Snapshot (2017-2023)
Figure 35 DC Torque Tool Market Snapshot in North America
Figure 36 Automotive Industry to Hold the Largest Size of the DC Torque Tool Market in Europe By 2023
Figure 37 Electrical Fastening System Market in Rest of Europe to Grow at the Highest CAGR During the Forecast Period
Figure 38 DC Torque Tool Market Snapshot in APAC
Figure 39 South America to Capture A Larger Market Size By 2023
Figure 40 Companies Adopted Product Launches and Developments as the Key Growth Strategy Between 2015 and 2017
Figure 41 Atlas Copco AB: Company Snapshot
Figure 42 Stanley Black & Decker, Inc.: Company Snapshot
Figure 43 Robert Bosch GmbH: Company Snapshot
Figure 44 Ingersoll-Rand Plc: Company Snapshot
Figure 45 Hilti Corporation Company Snapshot
Figure 46 Techtronic Industries Co. Ltd.: Company Snapshot
Figure 47 Makita Corporation: Company Snapshot

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