Global Electric Torque Screwdriver Market Insights, Forecast to 2028

Electric Torque Screwdriver is a type of power tool that relies on a current control motor designed to automatically stop when the preset torque has been reached, providing accurate repeatability. Product Category can be divided into cordless electric torque screwdriver and corded electric torque screwdriver, cordless electric torque screwdriver is expected to occupy more shares.
Market Analysis and Insights: Global Electric Torque Screwdriver Market
Due to the COVID-19 pandemic, the global Electric Torque Screwdriver market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Cordless accounting for % of the Electric Torque Screwdriver global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Industrial segment is altered to an % CAGR throughout this forecast period.
China Electric Torque Screwdriver market size is valued at US$ million in 2021, while the US and Europe Electric Torque Screwdriver are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Electric Torque Screwdriver landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Electric Torque Screwdriver include Stanley Black & Decker, Bosch, Makita, Kolver, Greenlee (Emerson), FEIN, Dongcheng, Hitachi and Hilti, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Electric Torque Screwdriver capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Electric Torque Screwdriver by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Electric Torque Screwdriver Scope and Segment
Electric Torque Screwdriver market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Electric Torque Screwdriver market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.

Segment by Type
Cordless
Corded

Segment by Application
Industrial
Household

By Company
Stanley Black & Decker
Bosch
Makita
Kolver
Greenlee (Emerson)
FEIN
Dongcheng
Hitachi
Hilti
Kawasaki
Ozito
Dixon Automatic
Mountz
Ingersoll Rand
Gedore-Torque
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E