Manual Torque Multipliers Market
Manual Torque Multipliers Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Manual Torque Multipliers Market Size and Growth
The global manual torque multipliers market is projected to grow at a CAGR of 4.5% from 2021 to 2028. The market size is estimated to reach $300 million by 2028, driven by increasing demand from industries such as automotive, construction, and manufacturing. Key players include Norbar, RAD Torque Systems, and Plarad.
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Companies Covered
(Covid 19 Impact Covered)
◍ Actuant Corporation
◍ Gedore Tools
◍ Norbar
◍ Apex Tool Group
◍ Stanley Black & Decker
◍ alkitronic
◍ Maschinenfabrik Wagner
◍ Columbus McKinnon
◍ Tohnichi
◍ AIMCO
◍ Mountz
◍ Powermaster Engineers
The Manual Torque Multipliers Market is competitive with key players like Actuant Corporation, Gedore Tools, Norbar, Apex Tool Group, Stanley Black & Decker, alkitronic, Maschinenfabrik Wagner, Columbus McKinnon, Tohnichi, AIMCO, Mountz, Powermaster Engineers. These companies offer manual torque multipliers for various industrial applications, contributing to market growth.
- Actuant Corporation reported sales revenue of $1.2 billion in 2020.
- Stanley Black & Decker reported sales revenue of $14.5 billion in 2020.
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Market Segmentation
By Application
Product
Transportation
Engineering
Construction
Industrial
Manufacturing
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By
◍ Reaction Bar Multiplier ◍ Reaction Plate Multiplier ◍
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Market Growth
$ 0.30 Billion
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