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Torquing Tools for the Offshore Market - Global Outlook and Forecast 2022-2028

Torquing Tools for the Offshore Market - Global Outlook and Forecast 2022-2028

  • Published on : 24 June 2022
  • Pages :78
  • Report Code:SMR-7163901

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Report overview

This report contains market size and forecasts of Torquing Tools for the Offshore in global, including the following market information:

  • Global Torquing Tools for the Offshore Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global Torquing Tools for the Offshore Market Sales, 2017-2022, 2023-2028, (K Units)
  • Global top five Torquing Tools for the Offshore companies in 2021 (%)

The global Torquing Tools for the Offshore market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Electric Torque Wrenches Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Torquing Tools for the Offshore include Clover Tool Company, Forum Energy Technologies (FET), Hytorc Div Unex Corporation, Offshore Bolting, TJ Tools, ITH Bolting Technology and Underwater Engineering Services, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Torquing Tools for the Offshore manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Torquing Tools for the Offshore Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torquing Tools for the Offshore Market Segment Percentages, by Type, 2021 (%)

  • 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, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torquing Tools for the Offshore Market Segment Percentages, by Application, 2021 (%)

  • Wind Energy
  • Oil and Gas

Global Torquing Tools for the Offshore Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torquing Tools for the Offshore Market Segment Percentages, By Region and Country, 2021 (%)

  • North America
  • US
  • Canada
  • Mexico
  • Europe
  • Germany
  • France
  • U.K.
  • Italy
  • Russia
  • Nordic Countries
  • Benelux
  • Rest of Europe
  • Asia
  • China
  • Japan
  • South Korea
  • Southeast Asia
  • India
  • Rest of Asia
  • South America
  • Brazil
  • Argentina
  • Rest of South America
  • Middle East & Africa
  • Turkey
  • Israel
  • Saudi Arabia
  • UAE
  • Rest of Middle East & Africa

Competitor Analysis
The report also provides analysis of leading market participants including:

  • Key companies Torquing Tools for the Offshore revenues in global market, 2017-2022 (Estimated), ($ millions)
  • Key companies Torquing Tools for the Offshore revenues share in global market, 2021 (%)
  • Key companies Torquing Tools for the Offshore sales in global market, 2017-2022 (Estimated), (K Units)
  • Key companies Torquing Tools for the Offshore sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

  • Clover Tool Company
  • Forum Energy Technologies (FET)
  • Hytorc Div Unex Corporation
  • Offshore Bolting
  • TJ Tools
  • ITH Bolting Technology
  • Underwater Engineering Services