The Market Reports

Synopsis

The global market for Intelligent Tightening Tools was estimated to be worth US$ 823 million in 2024 and is forecast to a readjusted size of US$ 1179 million by 2031 with a CAGR of 5.6% during the forecast period 2025-2031.

Smart tightening tools are devices used to automatically or semi-automatically tighten fasteners such as bolts and screws. These tools usually combine advanced sensors, electronic control systems and software to greatly improve the accuracy and efficiency of the tightening process.

Intelligent tightening operation is one of the core links in the intelligent manufacturing system, and the quality of its tightening directly affects the quality and safety of the entire product. At present, the concentration of my country's intelligent tightening industry is still relatively low, and the overall market is in the early stages of growth. As my country continues to promote the intelligent and green transformation of the manufacturing industry during the "14th Five-Year Plan" period, the demand for intelligent tightening will increase day by day, and the industry market prospects are huge. However, most of the current intelligent tightening market is foreign multinational brands, whose product advantages are obvious and prices are relatively high. Domestic brands are just starting or laying out. I believe that under the guidance of policies and markets, domestic brands will leap into the international market and compete with foreign brands on the same stage. Tightening operation is one of the core links in the industrial manufacturing system. The quality of tightening operations for key components such as screws and threads directly affects the quality, safety and effectiveness of the entire product. In order to ensure that tightening operations do not miss or mis-tighten, traditional tightening methods have been difficult to meet the needs of modern industrial production systems. This inefficient, difficult to guarantee safety performance, and heavily dependent on the proficiency of tightening workers will gradually be replaced by intelligent tightening methods with intelligent decision-making systems.

At present, the global market concentration of electric tightening tools is not high, and there are many companies participating in the competition. Among them, high-end products mainly come from the United States and Western Europe. These companies usually set up factories in China to effectively expand their market share. At present, the production output of Chinese manufacturers and multinational companies accounts for almost 67.5% of the global market share. Excluding the production capacity of multinational companies, most products of Chinese domestic brands are used in the civilian field. As the industry is positively correlated with the global economic cycle, it is expected to maintain a relatively slow growth before 2025, and will maintain a compound growth rate of 3.13% by 2025 to achieve sustained growth.

This report aims to provide a comprehensive presentation of the global market for Intelligent Tightening Tools, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Intelligent Tightening Tools by region & country, by Type, and by Application.

The Intelligent Tightening Tools market size, estimations, and forecasts are provided in terms of sales volume (K Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Intelligent Tightening Tools.

Market Segmentation

By Company

• Atlas Copco (with Desoutter)
• Kilews
• Conos
• Nitto Kohki
• Hios
• Cleco
• Delta Regis
• Hayashi-Repic
• Kolver
• Doga
• ASG Jergens
• ASA
• Anlidar
• Hantas
• Bosch Rexroth
• Liyoutec
• AND Eengineering
• Shenzhen SSIV
• Shenzhen JOFR
• Wuxi Danikor

Segment by Type

• Machine-mounted
• Handheld

Segment by Application

• Automotive
• General Manufacturing
• Aviation
• Electronics
• Other

Segment by Region

• North America: United States, Canada, and Mexico
• Europe: United Kingdom, Germany, France, Spain, Italy, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, and Rest of Asia Pacific
• Middle East & Africa: Saudi Arabia, South Africa, and Rest of MEA
• Latin America: Brazil, Argentina, and Rest of Latin America

*If you need a regional or country-specific version, or customized segmentation, we can tailor the report to your requirements.