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Torquing Tools for the Offshore-Global Market Insights and Sales Trends 2025
Synopsis
The global Torquing Tools for the Offshore market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Torquing Tools for the Offshore in various end use industries. The expanding demands from the Wind Energy and Oil and Gas, are propelling Torquing Tools for the Offshore market. Electric Torque Wrenches, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Pneumatic Torque Wrenches segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Torquing Tools for the Offshore market, driven by demand from China, the second largest economy with some signs of stabilising, the Torquing Tools for the Offshore market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Torquing Tools for the Offshore, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Torquing Tools for the Offshore market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Torquing Tools for the Offshore market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Torquing Tools for the Offshore sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Torquing Tools for the Offshore covered in this report include Clover Tool Company, Forum Energy Technologies (FET), Hytorc Div Unex Corporation, Offshore Bolting, TJ Tools, ITH Bolting Technology and Underwater Engineering Services, etc.
The global Torquing Tools for the Offshore market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Clover Tool Company
Forum Energy Technologies (FET)
Hytorc Div Unex Corporation
Offshore Bolting
TJ Tools
ITH Bolting Technology
Underwater Engineering Services
Global Torquing Tools for the Offshore market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Torquing Tools for the Offshore market, Segment by Type:
Electric Torque Wrenches
Pneumatic Torque Wrenches
Hydraulic Torque Wrenches
Hydraulic Torque Pumps
Wind Turbine Bolt Tensioning
Hydraulic Bolt Tensioners
Global Torquing Tools for the Offshore market, by Application
Wind Energy
Oil and Gas
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Torquing Tools for the Offshore manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Torquing Tools for the Offshore 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 Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
The global Torquing Tools for the Offshore market size is expected to reach US$ million by 2029, growing at a CAGR of % from 2023 to 2029. The market is mainly driven by the significant applications of Torquing Tools for the Offshore in various end use industries. The expanding demands from the Wind Energy and Oil and Gas, are propelling Torquing Tools for the Offshore market. Electric Torque Wrenches, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Pneumatic Torque Wrenches segment is estimated at % CAGR for the next seven-year period.
Asia Pacific shows high growth potential for Torquing Tools for the Offshore market, driven by demand from China, the second largest economy with some signs of stabilising, the Torquing Tools for the Offshore market in China is forecast to reach US$ million by 2029, trailing a CAGR of % over the 2023-2029 period, while the U.S. market will reach US$ million by 2029, exhibiting a CAGR of % during the same period.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Torquing Tools for the Offshore, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Torquing Tools for the Offshore market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Torquing Tools for the Offshore market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Torquing Tools for the Offshore sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Torquing Tools for the Offshore covered in this report include Clover Tool Company, Forum Energy Technologies (FET), Hytorc Div Unex Corporation, Offshore Bolting, TJ Tools, ITH Bolting Technology and Underwater Engineering Services, etc.
The global Torquing Tools for the Offshore market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Clover Tool Company
Forum Energy Technologies (FET)
Hytorc Div Unex Corporation
Offshore Bolting
TJ Tools
ITH Bolting Technology
Underwater Engineering Services
Global Torquing Tools for the Offshore market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Torquing Tools for the Offshore market, Segment by Type:
Electric Torque Wrenches
Pneumatic Torque Wrenches
Hydraulic Torque Wrenches
Hydraulic Torque Pumps
Wind Turbine Bolt Tensioning
Hydraulic Bolt Tensioners
Global Torquing Tools for the Offshore market, by Application
Wind Energy
Oil and Gas
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Torquing Tools for the Offshore manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Torquing Tools for the Offshore 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 Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Torquing Tools for the Offshore Market Overview
1.1 Torquing Tools for the Offshore Product Overview
1.2 Torquing Tools for the Offshore Market Segment by Type
1.2.1 Electric Torque Wrenches
1.2.2 Pneumatic Torque Wrenches
1.2.3 Hydraulic Torque Wrenches
1.2.4 Hydraulic Torque Pumps
1.2.5 Wind Turbine Bolt Tensioning
1.2.6 Hydraulic Bolt Tensioners
1.3 Global Torquing Tools for the Offshore Market Size by Type
1.3.1 Global Torquing Tools for the Offshore Market Size Overview by Type (2018-2029)
1.3.2 Global Torquing Tools for the Offshore Historic Market Size Review by Type (2018-2023)
1.3.3 Global Torquing Tools for the Offshore Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Torquing Tools for the Offshore Sales Breakdown by Type (2018-2023)
1.4.2 Europe Torquing Tools for the Offshore Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Torquing Tools for the Offshore Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Torquing Tools for the Offshore Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Torquing Tools for the Offshore Sales Breakdown by Type (2018-2023)
2 Global Torquing Tools for the Offshore Market Competition by Company
2.1 Global Top Players by Torquing Tools for the Offshore Sales (2018-2023)
2.2 Global Top Players by Torquing Tools for the Offshore Revenue (2018-2023)
2.3 Global Top Players by Torquing Tools for the Offshore Price (2018-2023)
2.4 Global Top Manufacturers Torquing Tools for the Offshore Manufacturing Base Distribution, Sales Area, Product Type
2.5 Torquing Tools for the Offshore Market Competitive Situation and Trends
2.5.1 Torquing Tools for the Offshore Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Torquing Tools for the Offshore Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Torquing Tools for the Offshore as of 2022)
2.7 Date of Key Manufacturers Enter into Torquing Tools for the Offshore Market
2.8 Key Manufacturers Torquing Tools for the Offshore Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Torquing Tools for the Offshore Status and Outlook by Region
3.1 Global Torquing Tools for the Offshore Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Torquing Tools for the Offshore Historic Market Size by Region
3.2.1 Global Torquing Tools for the Offshore Sales in Volume by Region (2018-2023)
3.2.2 Global Torquing Tools for the Offshore Sales in Value by Region (2018-2023)
3.2.3 Global Torquing Tools for the Offshore Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Torquing Tools for the Offshore Forecasted Market Size by Region
3.3.1 Global Torquing Tools for the Offshore Sales in Volume by Region (2024-2029)
3.3.2 Global Torquing Tools for the Offshore Sales in Value by Region (2024-2029)
3.3.3 Global Torquing Tools for the Offshore Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Torquing Tools for the Offshore by Application
4.1 Torquing Tools for the Offshore Market Segment by Application
4.1.1 Wind Energy
4.1.2 Oil and Gas
4.2 Global Torquing Tools for the Offshore Market Size by Application
4.2.1 Global Torquing Tools for the Offshore Market Size Overview by Application (2018-2029)
4.2.2 Global Torquing Tools for the Offshore Historic Market Size Review by Application (2018-2023)
4.2.3 Global Torquing Tools for the Offshore Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Torquing Tools for the Offshore Sales Breakdown by Application (2018-2023)
4.3.2 Europe Torquing Tools for the Offshore Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Torquing Tools for the Offshore Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Torquing Tools for the Offshore Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Torquing Tools for the Offshore Sales Breakdown by Application (2018-2023)
5 North America Torquing Tools for the Offshore by Country
5.1 North America Torquing Tools for the Offshore Historic Market Size by Country
5.1.1 North America Torquing Tools for the Offshore Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Torquing Tools for the Offshore Sales in Volume by Country (2018-2023)
5.1.3 North America Torquing Tools for the Offshore Sales in Value by Country (2018-2023)
5.2 North America Torquing Tools for the Offshore Forecasted Market Size by Country
5.2.1 North America Torquing Tools for the Offshore Sales in Volume by Country (2024-2029)
5.2.2 North America Torquing Tools for the Offshore Sales in Value by Country (2024-2029)
6 Europe Torquing Tools for the Offshore by Country
6.1 Europe Torquing Tools for the Offshore Historic Market Size by Country
6.1.1 Europe Torquing Tools for the Offshore Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Torquing Tools for the Offshore Sales in Volume by Country (2018-2023)
6.1.3 Europe Torquing Tools for the Offshore Sales in Value by Country (2018-2023)
6.2 Europe Torquing Tools for the Offshore Forecasted Market Size by Country
6.2.1 Europe Torquing Tools for the Offshore Sales in Volume by Country (2024-2029)
6.2.2 Europe Torquing Tools for the Offshore Sales in Value by Country (2024-2029)
7 Asia-Pacific Torquing Tools for the Offshore by Region
7.1 Asia-Pacific Torquing Tools for the Offshore Historic Market Size by Region
7.1.1 Asia-Pacific Torquing Tools for the Offshore Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Torquing Tools for the Offshore Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Torquing Tools for the Offshore Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Torquing Tools for the Offshore Forecasted Market Size by Region
7.2.1 Asia-Pacific Torquing Tools for the Offshore Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Torquing Tools for the Offshore Sales in Value by Region (2024-2029)
8 Latin America Torquing Tools for the Offshore by Country
8.1 Latin America Torquing Tools for the Offshore Historic Market Size by Country
8.1.1 Latin America Torquing Tools for the Offshore Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Torquing Tools for the Offshore Sales in Volume by Country (2018-2023)
8.1.3 Latin America Torquing Tools for the Offshore Sales in Value by Country (2018-2023)
8.2 Latin America Torquing Tools for the Offshore Forecasted Market Size by Country
8.2.1 Latin America Torquing Tools for the Offshore Sales in Volume by Country (2024-2029)
8.2.2 Latin America Torquing Tools for the Offshore Sales in Value by Country (2024-2029)
9 Middle East and Africa Torquing Tools for the Offshore by Country
9.1 Middle East and Africa Torquing Tools for the Offshore Historic Market Size by Country
9.1.1 Middle East and Africa Torquing Tools for the Offshore Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Torquing Tools for the Offshore Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Torquing Tools for the Offshore Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Torquing Tools for the Offshore Forecasted Market Size by Country
9.2.1 Middle East and Africa Torquing Tools for the Offshore Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Torquing Tools for the Offshore Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Clover Tool Company
10.1.1 Clover Tool Company Company Information
10.1.2 Clover Tool Company Introduction and Business Overview
10.1.3 Clover Tool Company Torquing Tools for the Offshore Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Clover Tool Company Torquing Tools for the Offshore Products Offered
10.1.5 Clover Tool Company Recent Development
10.2 Forum Energy Technologies (FET)
10.2.1 Forum Energy Technologies (FET) Company Information
10.2.2 Forum Energy Technologies (FET) Introduction and Business Overview
10.2.3 Forum Energy Technologies (FET) Torquing Tools for the Offshore Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Forum Energy Technologies (FET) Torquing Tools for the Offshore Products Offered
10.2.5 Forum Energy Technologies (FET) Recent Development
10.3 Hytorc Div Unex Corporation
10.3.1 Hytorc Div Unex Corporation Company Information
10.3.2 Hytorc Div Unex Corporation Introduction and Business Overview
10.3.3 Hytorc Div Unex Corporation Torquing Tools for the Offshore Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Hytorc Div Unex Corporation Torquing Tools for the Offshore Products Offered
10.3.5 Hytorc Div Unex Corporation Recent Development
10.4 Offshore Bolting
10.4.1 Offshore Bolting Company Information
10.4.2 Offshore Bolting Introduction and Business Overview
10.4.3 Offshore Bolting Torquing Tools for the Offshore Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Offshore Bolting Torquing Tools for the Offshore Products Offered
10.4.5 Offshore Bolting Recent Development
10.5 TJ Tools
10.5.1 TJ Tools Company Information
10.5.2 TJ Tools Introduction and Business Overview
10.5.3 TJ Tools Torquing Tools for the Offshore Sales, Revenue and Gross Margin (2018-2023)
10.5.4 TJ Tools Torquing Tools for the Offshore Products Offered
10.5.5 TJ Tools Recent Development
10.6 ITH Bolting Technology
10.6.1 ITH Bolting Technology Company Information
10.6.2 ITH Bolting Technology Introduction and Business Overview
10.6.3 ITH Bolting Technology Torquing Tools for the Offshore Sales, Revenue and Gross Margin (2018-2023)
10.6.4 ITH Bolting Technology Torquing Tools for the Offshore Products Offered
10.6.5 ITH Bolting Technology Recent Development
10.7 Underwater Engineering Services
10.7.1 Underwater Engineering Services Company Information
10.7.2 Underwater Engineering Services Introduction and Business Overview
10.7.3 Underwater Engineering Services Torquing Tools for the Offshore Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Underwater Engineering Services Torquing Tools for the Offshore Products Offered
10.7.5 Underwater Engineering Services Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Torquing Tools for the Offshore Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Torquing Tools for the Offshore Industrial Chain Analysis
11.4 Torquing Tools for the Offshore Market Dynamics
11.4.1 Torquing Tools for the Offshore Industry Trends
11.4.2 Torquing Tools for the Offshore Market Drivers
11.4.3 Torquing Tools for the Offshore Market Challenges
11.4.4 Torquing Tools for the Offshore Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Torquing Tools for the Offshore Distributors
12.3 Torquing Tools for the Offshore Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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