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PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617144

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PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1617144

DC Torque Tool Market Forecasts to 2030 - Global Analysis By Type, Power Source, Torque Range, Sales Channel, End User and By Geography

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According to Stratistics MRC, the Global DC Torque Tool Market is accounted for $3.6 billion in 2024 and is expected to reach $5.0 billion by 2030 growing at a CAGR of 5.7% during the forecast period. A DC torque tool is a specialized hand tool that uses direct current (DC) motors to apply precise torque to fasteners such as bolts and screws. It is commonly used in industrial, automotive, and assembly line applications where accurate torque control is essential. The tool allows operators to set a specific torque value, ensuring that fasteners are tightened consistently and within required specifications. DC torque tools provide better control, efficiency, and repeatability compared to manual or pneumatic tools.

Market Dynamics:

Driver:

Increased industrial automation

The increased industrial automation in the market is driven by the demand for higher precision, efficiency, and consistency in manufacturing processes. Automated systems using DC torque tools enhance production speed while ensuring accurate torque application, reducing human error and operational downtime. Industries such as automotive, aerospace, and electronics are adopting these tools to streamline operations, improve quality control, and meet the growing need for high-performance, cost-effective solutions.

Restraint:

User training requirements

The increasing complexity of DC torque tools can lead to higher user training requirements, which may pose challenges for businesses. Extended training periods and the need for specialized skills can increase operational costs and delay productivity. Additionally, if employees are inadequately trained, there's a risk of improper tool usage, potentially leading to errors, safety hazards, and damage to components. These factors can hinder the adoption of DC torque tools in some industries.

Opportunity:

Adoption of electric fastening tools

The adoption of electric fastening tools in the market is rapidly growing due to their ability to deliver high precision, speed, and consistency. These tools eliminate the need for manual effort, offering greater control over torque settings and reducing operator fatigue. As industries demand more efficient and reliable solutions for assembling products, electric fastening tools are becoming essential in sectors like automotive, electronics, and manufacturing, improving productivity and reducing costs.

Threat:

Calibration and maintenance challenges

Calibration and maintenance challenges in the market can significantly impact tool performance and accuracy. Regular calibration is essential to ensure precise torque application, but it requires specialized knowledge and equipment, which can be time-consuming and costly. Additionally, maintenance is crucial to prevent wear and tear, but it can lead to downtime and increased operational expenses. These factors can complicate the widespread adoption of DC torque tools in some industries.

Covid-19 Impact:

The COVID-19 pandemic had a significant impact on the DC torque tool market, causing disruptions in production and supply chains. Lockdowns and labor shortages slowed manufacturing processes, while demand fluctuated due to economic uncertainty. However, the rise of automation and remote operations during the pandemic boosted the adoption of DC torque tools in certain sectors. Over time, recovery efforts have driven increased demand for precision tools in various industries.

The electric dc torque tools segment is expected to be the largest during the forecast period

The electric dc torque tools segment is expected to account for the largest market share during the projection period. These tools offer adjustable torque settings, ensuring consistent and accurate fastening in applications like automotive assembly, electronics, and manufacturing. They reduce operator fatigue and improve productivity by automating the torque process. As industries increasingly seek automation, electric DC torque tools are becoming essential for streamlining operations and enhancing quality control.

The automotive segment is expected to have the highest CAGR during the forecast period

The automotive segment is expected to have the highest CAGR during the extrapolated period. DC torque tools ensure consistent torque application during the fastening of critical components, such as engines, tires, and body parts, improving safety and quality. The shift towards electric vehicles and automated manufacturing processes further accelerates the adoption of these tools, enhancing productivity and operational efficiency in automotive production lines.

Region with largest share:

North America region is estimated to account for the largest market share during the forecast period driven by advancements in automation and increasing demand for precision tools across industries like automotive, aerospace, and electronics. The region's focus on manufacturing efficiency, product quality, and safety is fueling the adoption of DC torque tools. Additionally, the rise of electric vehicle production and smart manufacturing technologies further boosts the market, positioning the region as a key player in the global market.

Region with highest CAGR:

Asia Pacific is expected to register the highest growth rate over the forecast period. The automotive sector is a major consumer of DC torque tools due to the need for precision in vehicle assembly and the increasing complexity of manufacturing processes, especially with the rise of electric vehicles. Additionally, Innovations such as digital controls, torque sensors, and integration with smart manufacturing systems are enhancing tool functionality, driving demand for these tools.

Key players in the market

Some of the key players in DC Torque Tool market include Atlas Copco AB, Apex Tool Group, LLC, Ingersoll Rand, Stanley Black & Decker, Inc., Robert Bosch GmbH, Makita Corporation, Hilti Corporation, Chicago Pneumatic, Danaher Corporation, Emerson Electric Co., ABB Group, Siemens AG, Towa Corporation, SKF Group and KUKA Robotics.

Key Developments:

In October 2024, Bosch Power Tools unveiled over 30 new tools, enhancing its cordless offerings and introducing specialized tools for plumbing, carpentry, and electrical work. This expansion aims to meet the diverse needs of tradesmen and improve efficiency on job sites.

In March 2024, Chicago Pneumatic launched the CP8609 series of eBlueTork battery-operated torque wrenches, ideal for fast and accurate tire changes on large commercial vehicles, including trucks and buses. These tools enhance operator safety, traceability, and productivity in nutrunning operations, building on the success of the CP86 series.

Types Covered:

  • Electric DC Torque Tools
  • Pneumatic DC Torque Tools
  • Hydraulic DC Torque Tools
  • Manual DC Torque Tools
  • Other Types

Power Sources Covered:

  • Cordless
  • Corded

Torque Ranges Covered:

  • Low Torque (Up to 50 Nm)
  • Medium Torque (50 Nm to 500 Nm)
  • High Torque (500 Nm and above)

Sales Channels Covered:

  • Online Sales
  • Direct Sales
  • Distributors/Dealers

End Users Covered:

  • Automotive
  • Construction
  • Aerospace & Defense
  • Energy & Utilities
  • Industrial
  • Other End Users

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2022, 2023, 2024, 2026, and 2030
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Product Code: SMRC28022

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 End User Analysis
  • 3.7 Emerging Markets
  • 3.8 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global DC Torque Tool Market, By Type

  • 5.1 Introduction
  • 5.2 Electric DC Torque Tools
  • 5.3 Pneumatic DC Torque Tools
  • 5.4 Hydraulic DC Torque Tools
  • 5.5 Manual DC Torque Tools
  • 5.6 Other Types

6 Global DC Torque Tool Market, By Power Source

  • 6.1 Introduction
  • 6.2 Cordless
  • 6.3 Corded

7 Global DC Torque Tool Market, By Torque Range

  • 7.1 Introduction
  • 7.2 Low Torque (Up to 50 Nm)
  • 7.3 Medium Torque (50 Nm to 500 Nm)
  • 7.4 High Torque (500 Nm and above)

8 Global DC Torque Tool Market, By Sales Channel

  • 8.1 Introduction
  • 8.2 Online Sales
  • 8.3 Direct Sales
  • 8.4 Distributors/Dealers

9 Global DC Torque Tool Market, By End User

  • 9.1 Introduction
  • 9.2 Automotive
  • 9.3 Construction
  • 9.4 Aerospace & Defense
  • 9.5 Energy & Utilities
  • 9.6 Industrial
  • 9.7 Other End Users

10 Global DC Torque Tool Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 Atlas Copco AB
  • 12.2 Apex Tool Group, LLC
  • 12.3 Ingersoll Rand
  • 12.4 Stanley Black & Decker, Inc.
  • 12.5 Robert Bosch GmbH
  • 12.6 Makita Corporation
  • 12.7 Hilti Corporation
  • 12.8 Chicago Pneumatic
  • 12.9 Danaher Corporation
  • 12.10 Emerson Electric Co.
  • 12.11 ABB Group
  • 12.12 Siemens AG
  • 12.13 Towa Corporation
  • 12.14 SKF Group
  • 12.15 KUKA Robotics
Product Code: SMRC28022

List of Tables

  • Table 1 Global DC Torque Tool Market Outlook, By Region (2022-2030) ($MN)
  • Table 2 Global DC Torque Tool Market Outlook, By Type (2022-2030) ($MN)
  • Table 3 Global DC Torque Tool Market Outlook, By Electric DC Torque Tools (2022-2030) ($MN)
  • Table 4 Global DC Torque Tool Market Outlook, By Pneumatic DC Torque Tools (2022-2030) ($MN)
  • Table 5 Global DC Torque Tool Market Outlook, By Hydraulic DC Torque Tools (2022-2030) ($MN)
  • Table 6 Global DC Torque Tool Market Outlook, By Manual DC Torque Tools (2022-2030) ($MN)
  • Table 7 Global DC Torque Tool Market Outlook, By Other Types (2022-2030) ($MN)
  • Table 8 Global DC Torque Tool Market Outlook, By Power Source (2022-2030) ($MN)
  • Table 9 Global DC Torque Tool Market Outlook, By Cordless (2022-2030) ($MN)
  • Table 10 Global DC Torque Tool Market Outlook, By Corded (2022-2030) ($MN)
  • Table 11 Global DC Torque Tool Market Outlook, By Torque Range (2022-2030) ($MN)
  • Table 12 Global DC Torque Tool Market Outlook, By Low Torque (Up to 50 Nm) (2022-2030) ($MN)
  • Table 13 Global DC Torque Tool Market Outlook, By Medium Torque (50 Nm to 500 Nm) (2022-2030) ($MN)
  • Table 14 Global DC Torque Tool Market Outlook, By High Torque (500 Nm and above) (2022-2030) ($MN)
  • Table 15 Global DC Torque Tool Market Outlook, By Sales Channel (2022-2030) ($MN)
  • Table 16 Global DC Torque Tool Market Outlook, By Online Sales (2022-2030) ($MN)
  • Table 17 Global DC Torque Tool Market Outlook, By Direct Sales (2022-2030) ($MN)
  • Table 18 Global DC Torque Tool Market Outlook, By Distributors/Dealers (2022-2030) ($MN)
  • Table 19 Global DC Torque Tool Market Outlook, By End User (2022-2030) ($MN)
  • Table 20 Global DC Torque Tool Market Outlook, By Automotive (2022-2030) ($MN)
  • Table 21 Global DC Torque Tool Market Outlook, By Construction (2022-2030) ($MN)
  • Table 22 Global DC Torque Tool Market Outlook, By Aerospace & Defense (2022-2030) ($MN)
  • Table 23 Global DC Torque Tool Market Outlook, By Energy & Utilities (2022-2030) ($MN)
  • Table 24 Global DC Torque Tool Market Outlook, By Industrial (2022-2030) ($MN)
  • Table 25 Global DC Torque Tool Market Outlook, By Other End Users (2022-2030) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

Have a question?
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Jeroen Van Heghe

Manager - EMEA

+32-2-535-7543

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Christine Sirois

Manager - Americas

+1-860-674-8796

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