Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Digital Wrench market in this environment.
In terms of revenue, this research report indicated that the global Digital Wrench market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Digital Wrench industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ????Armstrong Tools aims at producing XX Digital Wrench in 2020, with XX % production to take place in global market, ????Crane Electronics Ltd accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Digital Wrench Market by XYZResearch Include
- China
- EU
- USA
- Japan
- India
- Southeast Asia
- South America
Competitive Analysis; Who are the Major Players in Digital Wrench Market?
- Armstrong Tools
- Crane Electronics Ltd
- Desoutter Industrial Tools
- GearWrench
- Mountz
- Norbar Torque Tools
- RAD Torque Systems
- Sturtevant Richmont
- Sumake Industrial
- ...
Major Type of Digital Wrench Covered in XYZResearch report:
- Pneumatic Wrench
- Hydraulic Wrench
- Electric Wrench
Application Segments Covered in XYZResearch Market
- Automobile Industry
- Mechanical
- Equipment Repair
- Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Post-pandemic Era - Global Digital Wrench Market (Sales, Revenue, Price, Gross Profit and Competitors Analysis of Major Market) from 2015-2026
Table of Contents
Global Digital Wrench Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 Pneumatic Wrench -Product Introduction and Major Manufacturers
1.1.2 Hydraulic Wrench -Product Introduction and Major Manufacturers
1.1.3 Electric Wrench -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Digital Wrench Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Digital Wrench Market
3.1.1 Top Companies leading Digital Wrench Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Digital Wrench Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Digital Wrench Market
3.2.1 Top Companies leading Digital Wrench Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Digital Wrench Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Digital Wrench Market
3.3.1 Top Companies leading Digital Wrench Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Digital Wrench Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Digital Wrench Market
3.4.1 Top Companies leading Digital Wrench Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Digital Wrench Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Digital Wrench Market
3.5.1 Top Companies leading Digital Wrench Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Digital Wrench Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Digital Wrench Market
3.6.1 Top Companies leading Digital Wrench Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Digital Wrench Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Digital Wrench Market
3.7.1 Top Companies leading Digital Wrench Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Digital Wrench Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Digital Wrench Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Digital Wrench Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Digital Wrench Sales and Growth Rate (2021-2026)
5.2 Global Digital Wrench Sales Value and Growth Rate (2021-2026)
6 Digital Wrench Competitive Analysis
6.1 Armstrong Tools
6.1.1 Armstrong Tools Company Profiles
6.1.2 Armstrong Tools Product Introduction
6.1.3 Armstrong Tools Digital Wrench Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Crane Electronics Ltd
6.2.1 Crane Electronics Ltd Company Profiles
6.2.2 Crane Electronics Ltd Product Introduction
6.2.3 Crane Electronics Ltd Digital Wrench Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Desoutter Industrial Tools
6.3.1 Desoutter Industrial Tools Company Profiles
6.3.2 Desoutter Industrial Tools Product Introduction
6.3.3 Desoutter Industrial Tools Digital Wrench Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 GearWrench
6.4.1 GearWrench Company Profiles
6.4.2 GearWrench Product Introduction
6.4.3 GearWrench Digital Wrench Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Mountz
6.5.1 Mountz Company Profiles
6.5.2 Mountz Product Introduction
6.5.3 Mountz Digital Wrench Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Norbar Torque Tools
6.6.1 Norbar Torque Tools Company Profiles
6.6.2 Norbar Torque Tools Product Introduction
6.6.3 Norbar Torque Tools Digital Wrench Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 RAD Torque Systems
6.7.1 RAD Torque Systems Company Profiles
6.7.2 RAD Torque Systems Product Introduction
6.7.3 RAD Torque Systems Digital Wrench Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Sturtevant Richmont
6.8.1 Sturtevant Richmont Company Profiles
6.8.2 Sturtevant Richmont Product Introduction
6.8.3 Sturtevant Richmont Digital Wrench Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Sumake Industrial
6.9.1 Sumake Industrial Company Profiles
6.9.2 Sumake Industrial Product Introduction
6.9.3 Sumake Industrial Digital Wrench Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
7 Conclusion
List of Tables and Figures
Figure Product Introduction
Table Production (K Units) and Revenue (Million USD) of Major Players (2015-2020)
Figure Global Digital Wrench Production Market Share of Top 5 Players
Table CAGR of Major Market (2021-2026)
Table CAGR in Terms of Production of Each Type (2015-2026)
Table CAGR in Terms of Production of Each Application (2015-2026)
Table Global Digital Wrench Sales (K Unit) by Type (2015-2026)
Figure Global Digital Wrench Sales (K Unit) and Growth Rate (2015-2026)
Figure Global Digital Wrench Sales Market Share (%) by Type (2019 -2020)
Table Global Digital Wrench Sales Value (Million USD) by Type (2015-2026)
Figure Global Digital Wrench Sales Value (Million USD) and Growth Rate (2015-2026)
Figure Global Digital Wrench Sales Value Market Share (%) by Type (2019-2020)
Table Global Digital Wrench Sales (K Unit) by Application (2015-2026)
Table China Digital Wrench Sales (K Unit) of Major Company (2015-2020)
Table China Digital Wrench Sales Market Share of Major Company (2015-2020)
Table China Digital Wrench Sales Value (Million USD) of Major Company (2015-2020)
Figure China Digital Wrench Sales Value (Million USD) and Growth Rate (2015-2020)
Table China Digital Wrench Sales Value Share of Major Company (2015-2020)
Table China Digital Wrench Price (USD/Unit), by Type (2019-2020)
Table China Digital Wrench Sales (Unit) by Type (2015-2026)
Figure China Digital Wrench Sales (Unit) by Type (2015-2026)
Table EU Digital Wrench Sales (K Unit) of Major Company (2015-2020)
Table EU Digital Wrench Sales Market Share of Major Company (2015-2020)
Table EU Digital Wrench Sales Value (Million USD) of Major Company (2015-2020)
Figure EU Digital Wrench Sales Value (Million USD) and Growth Rate (2015-2020)
Table EU Digital Wrench Sales Value Share of Major Company (2015-2020)
Table EU Digital Wrench Price (USD/Unit), by Type (2019-2020)
Table EU Digital Wrench Sales (Unit) by Type (2015-2026)
Figure EU Digital Wrench Sales (Unit) by Type (2015-2026)
Table USA Digital Wrench Sales (K Unit) of Major Company (2015-2020)
Table USA Digital Wrench Sales Market Share of Major Company (2015-2020)
Table USA Digital Wrench Sales Value (Million USD) of Major Company (2015-2020)
Figure USA Digital Wrench Sales Value (Million USD) and Growth Rate (2015-2020)
Table USA Digital Wrench Sales Value Share of Major Company (2015-2020)
Table USA Digital Wrench Price (USD/Unit), by Type (2019-2020)
Table USA Digital Wrench Sales (Unit) by Type (2015-2026)
Figure USA Digital Wrench Sales (Unit) by Type (2015-2026)
Table Japan Digital Wrench Sales (K Unit) of Major Company (2015-2020)
Table Japan Digital Wrench Sales Market Share of Major Company (2015-2020)
Table Japan Digital Wrench Sales Value (Million USD) of Major Company (2015-2020)
Figure Japan Digital Wrench Sales Value (Million USD) and Growth Rate (2015-2020)
Table Japan Digital Wrench Sales Value Share of Major Company (2015-2020)
Table Japan Digital Wrench Price (USD/Unit), by Type (2019-2020)
Table Japan Digital Wrench Sales (Unit) by Type (2015-2026)
Figure Japan Digital Wrench Sales (Unit) by Type (2015-2026)
Table India Digital Wrench Sales (K Unit) of Major Company (2015-2020)
Table India Digital Wrench Sales Market Share of Major Company (2015-2020)
Table India Digital Wrench Sales Value (Million USD) of Major Company (2015-2020)
Figure India Digital Wrench Sales Value (Million USD) and Growth Rate (2015-2020)
Table India Digital Wrench Sales Value Share of Major Company (2015-2020)
Table India Digital Wrench Price (USD/Unit), by Type (2019-2020)
Table India Digital Wrench Sales (Unit) by Type (2015-2026)
Figure India Digital Wrench Sales (Unit) by Type (2015-2026)
Table Southeast Asia Digital Wrench Sales (K Unit) of Major Company (2015-2020)
Table Southeast Asia Digital Wrench Sales Market Share of Major Company (2015-2020)
Table Southeast Asia Digital Wrench Sales Value (Million USD) of Major Company (2015-2020)
Figure Southeast Asia Digital Wrench Sales Value (Million USD) and Growth Rate (2015-2020)
Table Southeast Asia Digital Wrench Sales Value Share of Major Company (2015-2020)
Table Southeast Asia Digital Wrench Price (USD/Unit), by Type (2019-2020)
Table Southeast Asia Digital Wrench Sales (Unit) by Type (2015-2026)
Figure Southeast Asia Digital Wrench Sales (Unit) by Type (2015-2026)
Table South America Digital Wrench Sales (K Unit) of Major Company (2015-2020)
Table South America Digital Wrench Sales Market Share of Major Company (2015-2020)
Table South America Digital Wrench Sales Value (Million USD) of Major Company (2015-2020)
Figure South America Digital Wrench Sales Value (Million USD) and Growth Rate (2015-2020)
Table South America Digital Wrench Sales Value Share of Major Company (2015-2020)
Table South America Digital Wrench Price (USD/Unit), by Type (2019-2020)
Table South America Digital Wrench Sales (Unit) by Type (2015-2026)
Figure South America Digital Wrench Sales (Unit) by Type (2015-2026)
Figure Value Chain Structure of Digital Wrench
Table Value Chain
Table Key Suppliers of Raw Material/Components
Table Key Downstream Customer in Each Application Field
Table Industry News List of Digital Wrench
Figure Cost Structure of Digital Wrench in 2020
Table Distributors/Traders List
Table Regional Market Sales (K Unit) (2021-2026)
Table Regional Market Sales Share (2021-2026)
Figure Global Digital Wrench Sales (Unit), Growth Rate & Market Share (2021-2026)
Table Regional Market Sales Value (Million USD) (2021-2026)
Table Regional Market Sales Value Share (2021-2026)
Figure Global Digital Wrench Sales Value (Million USD), Growth Rate & Market Share (2021-2026)
Table Armstrong Tools Profiles
Table Armstrong Tools Digital Wrench Product Introduction
Table Armstrong Tools Digital Wrench Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2015-2020)
Figure Armstrong Tools SWOT Analysis
Table Crane Electronics Ltd Profiles
Table Crane Electronics Ltd Digital Wrench Product Introduction
Table Crane Electronics Ltd Digital Wrench Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2015-2020)
Figure Crane Electronics Ltd SWOT Analysis
Table Desoutter Industrial Tools Profiles
Table Desoutter Industrial Tools Digital Wrench Product Introduction
Table Desoutter Industrial Tools Digital Wrench Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2015-2020)
Figure Desoutter Industrial Tools SWOT Analysis
Table GearWrench Profiles
Table GearWrench Digital Wrench Product Introduction
Table GearWrench Digital Wrench Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2015-2020)
Figure GearWrench SWOT Analysis
Table Mountz Profiles
Table Mountz Digital Wrench Product Introduction
Table Mountz Digital Wrench Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2015-2020)
Figure Mountz SWOT Analysis
Table Norbar Torque Tools Profiles
Table Norbar Torque Tools Digital Wrench Product Introduction
Table Norbar Torque Tools Digital Wrench Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2015-2020)
Figure Norbar Torque Tools SWOT Analysis
Table RAD Torque Systems Profiles
Table RAD Torque Systems Digital Wrench Product Introduction
Table RAD Torque Systems Digital Wrench Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2015-2020)
Figure RAD Torque Systems SWOT Analysis
Table Sturtevant Richmont Profiles
Table Sturtevant Richmont Digital Wrench Product Introduction
Table Sturtevant Richmont Digital Wrench Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2015-2020)
Figure Sturtevant Richmont SWOT Analysis
Table Sumake Industrial Profiles
Table Sumake Industrial Digital Wrench Product Introduction
Table Sumake Industrial Digital Wrench Sales (Unit), Sales Value (Million USD), Price (USD/Unit) and Gross Profit (2015-2020)
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