Report overview
This report aims to provide a comprehensive presentation of the global market for Torquing Tools for the Offshore, 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 Torquing Tools for the Offshore. 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, 2018-2023, 2024-2029, ($ millions)
Global Torquing Tools for the Offshore Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Torquing Tools for the Offshore companies in 2022 (%)
The global Torquing Tools for the Offshore market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
Electric Torque Wrenches Segment to Reach $ Million by 2029, 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 2022, 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, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Torquing Tools for the Offshore Market Segment Percentages, by Type, 2022 (%)
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, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Torquing Tools for the Offshore Market Segment Percentages, by Application, 2022 (%)
Wind Energy
Oil and Gas
Global Torquing Tools for the Offshore Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Torquing Tools for the Offshore Market Segment Percentages, By Region and Country, 2022 (%)
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, 2018-2023 (Estimated), ($ millions)
Key companies Torquing Tools for the Offshore revenues share in global market, 2022 (%)
Key companies Torquing Tools for the Offshore sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Torquing Tools for the Offshore sales share in global market, 2022 (%)
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Torquing Tools for the Offshore, market overview.
Chapter 2: Global Torquing Tools for the Offshore market size in revenue and volume.
Chapter 3: Detailed analysis of Torquing Tools for the Offshore manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Torquing Tools for the Offshore in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: 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 8: Global Torquing Tools for the Offshore capacity by region & country.
Chapter 9: 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 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
