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Global Hydraulic Torque Market Size, Manufacturers, Opportunities and Forecast to 2030

April 2024 | 104 pages | ID: G1DE45BB86BAEN
APO Research

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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.

According to APO Research, The global Hydraulic Torque market was estimated at US$ million in 2023 and is projected to reach a revised size of US$ million by 2030, witnessing a CAGR of xx% during the forecast period 2024-2030.

In United States market, Hytorc, Enerpac, Torq/Lite, Hydratight and TorcUP are the leaders of Hydraulic Torque, and Hytorc hold a more than 35% market share. The Southwest of United States is the largest region of Hydraulic Torque, with a share more than 30%, followed by The South and The Midwest, etc.

Report Scope

This report aims to provide a comprehensive presentation of the global market for Hydraulic Torque, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Hydraulic Torque.

The Hydraulic Torque market size, estimations, and forecasts are provided in terms of sales volume (Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Hydraulic Torque market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided. For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

Key Companies & Market Share Insights

In this section, the readers will gain an understanding of the key players competing. This report has studied the key growth strategies, such as innovative trends and developments, intensification of product portfolio, mergers and acquisitions, collaborations, new product innovation, and geographical expansion, undertaken by these participants to maintain their presence. Apart from business strategies, the study includes current developments and key financials. The readers will also get access to the data related to global revenue, price, and sales by manufacturers for the period 2019-2024. This all-inclusive report will certainly serve the clients to stay updated and make effective decisions in their businesses. Some of the prominent players reviewed in the research report include:
  • Enerpac
  • Hytorc
  • Hydratight
  • ITH
  • TorcUP
  • Powermaster
  • Norwolf Tool Works
  • Plarad
  • WREN
  • HTL
  • Torq/Lite
  • TorsionX
  • Torc-Tech
Hydraulic Torque segment by Type
  • Drive Hydraulic Wrench
  • Hollow Hydraulic Wrench
Hydraulic Torque segment by Application
  • Oil & Gas
  • Plants and Refineries
  • Power Industry
  • Others
Hydraulic Torque Segment by Region
  • North America
  • U.S.
  • Canada
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Asia-Pacific
  • China
  • Japan
  • South Korea
  • India
  • Australia
  • China Taiwan
  • Indonesia
  • Thailand
  • Malaysia
  • Latin America
  • Mexico
  • Brazil
  • Argentina
  • Middle East & Africa
  • Turkey
  • Saudi Arabia
  • UAE
Key Drivers & Barriers

High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Hydraulic Torque market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.

2. This report will help stakeholders to understand the global industry status and trends of Hydraulic Torque and provides them with information on key market drivers, restraints, challenges, and opportunities.

3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.

4. This report stays updated with novel technology integration, features, and the latest developments in the market

5. This report helps stakeholders to gain insights into which regions to target globally

6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Hydraulic Torque.

7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 2: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Hydraulic Torque manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Sales, revenue of Hydraulic Torque in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.

Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, Latin America, Middle East & Africa.

Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.

Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, sales and revenue by country.

Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.

Chapter 13: Concluding Insights of the report.
1 MARKET OVERVIEW

1.1 Product Definition
1.2 Global Market Growth Prospects
  1.2.1 Global Hydraulic Torque Market Size Estimates and Forecasts (2019-2030)
  1.2.2 Global Hydraulic Torque Sales Estimates and Forecasts (2019-2030)
1.3 Hydraulic Torque Market by Type
  1.3.1 Drive Hydraulic Wrench
  1.3.2 Hollow Hydraulic Wrench
1.4 Global Hydraulic Torque Market Size by Type
  1.4.1 Global Hydraulic Torque Market Size Overview by Type (2019-2030)
  1.4.2 Global Hydraulic Torque Historic Market Size Review by Type (2019-2024)
  1.4.3 Global Hydraulic Torque Forecasted Market Size by Type (2025-2030)
1.5 Key Regions Market Size by Type
  1.5.1 North America Hydraulic Torque Sales Breakdown by Type (2019-2024)
  1.5.2 Europe Hydraulic Torque Sales Breakdown by Type (2019-2024)
  1.5.3 Asia-Pacific Hydraulic Torque Sales Breakdown by Type (2019-2024)
  1.5.4 Latin America Hydraulic Torque Sales Breakdown by Type (2019-2024)
  1.5.5 Middle East and Africa Hydraulic Torque Sales Breakdown by Type (2019-2024)

2 GLOBAL MARKET DYNAMICS

2.1 Hydraulic Torque Industry Trends
2.2 Hydraulic Torque Industry Drivers
2.3 Hydraulic Torque Industry Opportunities and Challenges
2.4 Hydraulic Torque Industry Restraints

3 MARKET COMPETITIVE LANDSCAPE BY COMPANY

3.1 Global Top Players by Hydraulic Torque Revenue (2019-2024)
3.2 Global Top Players by Hydraulic Torque Sales (2019-2024)
3.3 Global Top Players by Hydraulic Torque Price (2019-2024)
3.4 Global Hydraulic Torque Industry Company Ranking, 2022 VS 2023 VS 2024
3.5 Global Hydraulic Torque Key Company Manufacturing Sites & Headquarters
3.6 Global Hydraulic Torque Company, Product Type & Application
3.7 Global Hydraulic Torque Company Commercialization Time
3.8 Market Competitive Analysis
  3.8.1 Global Hydraulic Torque Market CR5 and HHI
  3.8.2 Global Top 5 and 10 Hydraulic Torque Players Market Share by Revenue in 2023
  3.8.3 2023 Hydraulic Torque Tier 1, Tier 2, and Tier

4 HYDRAULIC TORQUE REGIONAL STATUS AND OUTLOOK

4.1 Global Hydraulic Torque Market Size and CAGR by Region: 2019 VS 2023 VS 2030
4.2 Global Hydraulic Torque Historic Market Size by Region
  4.2.1 Global Hydraulic Torque Sales in Volume by Region (2019-2024)
  4.2.2 Global Hydraulic Torque Sales in Value by Region (2019-2024)
  4.2.3 Global Hydraulic Torque Sales (Volume & Value), Price and Gross Margin (2019-2024)
4.3 Global Hydraulic Torque Forecasted Market Size by Region
  4.3.1 Global Hydraulic Torque Sales in Volume by Region (2025-2030)
  4.3.2 Global Hydraulic Torque Sales in Value by Region (2025-2030)
  4.3.3 Global Hydraulic Torque Sales (Volume & Value), Price and Gross Margin (2025-2030)

5 HYDRAULIC TORQUE BY APPLICATION

5.1 Hydraulic Torque Market by Application
  5.1.1 Oil & Gas
  5.1.2 Plants and Refineries
  5.1.3 Power Industry
  5.1.4 Others
5.2 Global Hydraulic Torque Market Size by Application
  5.2.1 Global Hydraulic Torque Market Size Overview by Application (2019-2030)
  5.2.2 Global Hydraulic Torque Historic Market Size Review by Application (2019-2024)
  5.2.3 Global Hydraulic Torque Forecasted Market Size by Application (2025-2030)
5.3 Key Regions Market Size by Application
  5.3.1 North America Hydraulic Torque Sales Breakdown by Application (2019-2024)
  5.3.2 Europe Hydraulic Torque Sales Breakdown by Application (2019-2024)
  5.3.3 Asia-Pacific Hydraulic Torque Sales Breakdown by Application (2019-2024)
  5.3.4 Latin America Hydraulic Torque Sales Breakdown by Application (2019-2024)
  5.3.5 Middle East and Africa Hydraulic Torque Sales Breakdown by Application (2019-2024)

6 COMPANY PROFILES

6.1 Enerpac
  6.1.1 Enerpac Comapny Information
  6.1.2 Enerpac Business Overview
  6.1.3 Enerpac Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.1.4 Enerpac Hydraulic Torque Product Portfolio
  6.1.5 Enerpac Recent Developments
6.2 Hytorc
  6.2.1 Hytorc Comapny Information
  6.2.2 Hytorc Business Overview
  6.2.3 Hytorc Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.2.4 Hytorc Hydraulic Torque Product Portfolio
  6.2.5 Hytorc Recent Developments
6.3 Hydratight
  6.3.1 Hydratight Comapny Information
  6.3.2 Hydratight Business Overview
  6.3.3 Hydratight Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.3.4 Hydratight Hydraulic Torque Product Portfolio
  6.3.5 Hydratight Recent Developments
6.4 ITH
  6.4.1 ITH Comapny Information
  6.4.2 ITH Business Overview
  6.4.3 ITH Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.4.4 ITH Hydraulic Torque Product Portfolio
  6.4.5 ITH Recent Developments
6.5 TorcUP
  6.5.1 TorcUP Comapny Information
  6.5.2 TorcUP Business Overview
  6.5.3 TorcUP Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.5.4 TorcUP Hydraulic Torque Product Portfolio
  6.5.5 TorcUP Recent Developments
6.6 Powermaster
  6.6.1 Powermaster Comapny Information
  6.6.2 Powermaster Business Overview
  6.6.3 Powermaster Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.6.4 Powermaster Hydraulic Torque Product Portfolio
  6.6.5 Powermaster Recent Developments
6.7 Norwolf Tool Works
  6.7.1 Norwolf Tool Works Comapny Information
  6.7.2 Norwolf Tool Works Business Overview
  6.7.3 Norwolf Tool Works Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.7.4 Norwolf Tool Works Hydraulic Torque Product Portfolio
  6.7.5 Norwolf Tool Works Recent Developments
6.8 Plarad
  6.8.1 Plarad Comapny Information
  6.8.2 Plarad Business Overview
  6.8.3 Plarad Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.8.4 Plarad Hydraulic Torque Product Portfolio
  6.8.5 Plarad Recent Developments
6.9 WREN
  6.9.1 WREN Comapny Information
  6.9.2 WREN Business Overview
  6.9.3 WREN Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.9.4 WREN Hydraulic Torque Product Portfolio
  6.9.5 WREN Recent Developments
6.10 HTL
  6.10.1 HTL Comapny Information
  6.10.2 HTL Business Overview
  6.10.3 HTL Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.10.4 HTL Hydraulic Torque Product Portfolio
  6.10.5 HTL Recent Developments
6.11 Torq/Lite
  6.11.1 Torq/Lite Comapny Information
  6.11.2 Torq/Lite Business Overview
  6.11.3 Torq/Lite Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.11.4 Torq/Lite Hydraulic Torque Product Portfolio
  6.11.5 Torq/Lite Recent Developments
6.12 TorsionX
  6.12.1 TorsionX Comapny Information
  6.12.2 TorsionX Business Overview
  6.12.3 TorsionX Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.12.4 TorsionX Hydraulic Torque Product Portfolio
  6.12.5 TorsionX Recent Developments
6.13 Torc-Tech
  6.13.1 Torc-Tech Comapny Information
  6.13.2 Torc-Tech Business Overview
  6.13.3 Torc-Tech Hydraulic Torque Sales, Revenue and Gross Margin (2019-2024)
  6.13.4 Torc-Tech Hydraulic Torque Product Portfolio
  6.13.5 Torc-Tech Recent Developments

7 NORTH AMERICA BY COUNTRY

7.1 North America Hydraulic Torque Sales by Country
  7.1.1 North America Hydraulic Torque Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.1.2 North America Hydraulic Torque Sales by Country (2019-2024)
  7.1.3 North America Hydraulic Torque Sales Forecast by Country (2025-2030)
7.2 North America Hydraulic Torque Market Size by Country
  7.2.1 North America Hydraulic Torque Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  7.2.2 North America Hydraulic Torque Market Size by Country (2019-2024)
  7.2.3 North America Hydraulic Torque Market Size Forecast by Country (2025-2030)

8 EUROPE BY COUNTRY

8.1 Europe Hydraulic Torque Sales by Country
  8.1.1 Europe Hydraulic Torque Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.1.2 Europe Hydraulic Torque Sales by Country (2019-2024)
  8.1.3 Europe Hydraulic Torque Sales Forecast by Country (2025-2030)
8.2 Europe Hydraulic Torque Market Size by Country
  8.2.1 Europe Hydraulic Torque Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  8.2.2 Europe Hydraulic Torque Market Size by Country (2019-2024)
  8.2.3 Europe Hydraulic Torque Market Size Forecast by Country (2025-2030)

9 ASIA-PACIFIC BY COUNTRY

9.1 Asia-Pacific Hydraulic Torque Sales by Country
  9.1.1 Asia-Pacific Hydraulic Torque Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.1.2 Asia-Pacific Hydraulic Torque Sales by Country (2019-2024)
  9.1.3 Asia-Pacific Hydraulic Torque Sales Forecast by Country (2025-2030)
9.2 Asia-Pacific Hydraulic Torque Market Size by Country
  9.2.1 Asia-Pacific Hydraulic Torque Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  9.2.2 Asia-Pacific Hydraulic Torque Market Size by Country (2019-2024)
  9.2.3 Asia-Pacific Hydraulic Torque Market Size Forecast by Country (2025-2030)

10 LATIN AMERICA BY COUNTRY

10.1 Latin America Hydraulic Torque Sales by Country
  10.1.1 Latin America Hydraulic Torque Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.1.2 Latin America Hydraulic Torque Sales by Country (2019-2024)
  10.1.3 Latin America Hydraulic Torque Sales Forecast by Country (2025-2030)
10.2 Latin America Hydraulic Torque Market Size by Country
  10.2.1 Latin America Hydraulic Torque Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  10.2.2 Latin America Hydraulic Torque Market Size by Country (2019-2024)
  10.2.3 Latin America Hydraulic Torque Market Size Forecast by Country (2025-2030)

11 MIDDLE EAST AND AFRICA BY COUNTRY

11.1 Middle East and Africa Hydraulic Torque Sales by Country
  11.1.1 Middle East and Africa Hydraulic Torque Sales Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.1.2 Middle East and Africa Hydraulic Torque Sales by Country (2019-2024)
  11.1.3 Middle East and Africa Hydraulic Torque Sales Forecast by Country (2025-2030)
11.2 Middle East and Africa Hydraulic Torque Market Size by Country
  11.2.1 Middle East and Africa Hydraulic Torque Market Size Growth Rate (CAGR) by Country: 2019 VS 2023 VS 2030
  11.2.2 Middle East and Africa Hydraulic Torque Market Size by Country (2019-2024)
  11.2.3 Middle East and Africa Hydraulic Torque Market Size Forecast by Country (2025-2030)

12 VALUE CHAIN AND SALES CHANNELS ANALYSIS

12.1 Hydraulic Torque Value Chain Analysis
  12.1.1 Hydraulic Torque Key Raw Materials
  12.1.2 Key Raw Materials Price
  12.1.3 Raw Materials Key Suppliers
  12.1.4 Manufacturing Cost Structure
  12.1.5 Hydraulic Torque Production Mode & Process
12.2 Hydraulic Torque Sales Channels Analysis
  12.2.1 Direct Comparison with Distribution Share
  12.2.2 Hydraulic Torque Distributors
  12.2.3 Hydraulic Torque Customers

13 CONCLUDING INSIGHTS

14 APPENDIX

14.1 Reasons for Doing This Study
14.2 Research Methodology
14.3 Research Process
14.4 Authors List of This Report
14.5 Data Source
  14.5.1 Secondary Sources
  14.5.2 Primary Sources
14.6 Disclaimer


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