the present scenario (with the base year being 2017) and the growth prospects of global Hydraulic Torque market for 2018-2023.
A hydraulic torque wrench is a power tool designed to exert torque on a fastener to achieve proper tightening or loosening of a connection through the use of hydraulics. A torque wrench is applied to the nut either directly or in conjunction with an impact socket. Hydraulic torque wrenches apply a predetermined, controlled amount of torque to a properly lubricated fastener.
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The United States Hydraulic Torque are mainly manufactures in USA, while some are from oversea supplier, the USA Hydraulic Torque market reached about 18066 Units in 2017 from 20999 Units in 2013. The average growth is about -3.69% in 2013-2017.
Hydraulic Torque sales main centralize in Southwest of the USA. Its consumtion took about 30.42% of USA total market in 2017, followed by the The South (24.68%), The Midwest (20.37%).
Hytorc, Enerpac, Torq/Lite, Hydratight and TorcUP are leading suppliers in USA, the total Hydraulic Torque sales occupies about 72% market share.
Over the next five years, our projects that Hydraulic Torque will register a xx% CAGR in terms of revenue, reach US$ xx million by 2023, from US$ xx million in 2017.
Hydraulic Torque Market presents a comprehensive overview, market shares, and growth opportunities of Hydraulic Torque market by product type, application, key manufacturers and key regions.
To calculate the market size, we considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- Drive Hydraulic Wrench
- Hollow Hydraulic Wrench
- Oil & Gas
- Plants and Refineries
- Power Industry
- Other
- Americas
- United States
- Canada
- Mexico
- Brazil
- APAC
- China
- Japan
- Korea
- Southeast Asia
- India
- Australia
- Europe
- Germany
- France
- UK
- Italy
- Russia
- Spain
- Middle East & Africa
- Egypt
- South Africa
- Israel
- Turkey
- GCC Countries
The key manufacturers covered in Hydraulic Torque Market :
- Enerpac
- Hytorc
- Hydratight
- ITH
- To know more manufacturers
Research objectives
- To study and analyze the global Hydraulic Torque consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of Hydraulic Torque market by identifying its various subsegments.
- Focuses on the key global Hydraulic Torque manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the Hydraulic Torque with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of Hydraulic Torque submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.
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