Market Highlights:
Power wrenches are used for loosening or tightening nuts quickly. The typical power source in power wrench is compressed air. Power wrenches market has high growth prospects owing to increasing demand from the end-user industries including construction, mining, automotive, and others. Moreover, increasing demand for power wrench with high rotational torque expected to fuel the product demand during the forecasted period. The market study is being classified by Type (Impact Wrenches and Air Ratchet Wrenches), by Application (Construction, Mining, Automotive and Other) and major geographies with country level break-up that includes South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).

Key Players:
The prominent players in the Power Wrench are Dewalt (United States), Bosch (Germany), Ingersoll Rand (Ireland), Craftsman (United States), Hitachi (Japan), Milwaukee (United States), Rockwell (United States), RYOBI Tools (United States) and Kobalt Tools (United States).

5th November 2019, Hilti power tool manufacturer launched a new heavy-duty, 0.75-inch anvil cordless impact wrench, SIW 9-A22.

Key Questions Answered in the Report
What will the Power Wrench Market size and the growth rate be in Future?
What are the key factors driving the Power Wrench Market?
What are the key market trends and macro-economic impacting the growth of the Power Wrench Market?
What are the challenges to market growth?
Who are the key vendors in the Power Wrench Market?
What are the market opportunities and threats faced by the vendors in the Power Wrench Market?
Trending factors influencing the market shares of the Manufacturers.
What are the key outcomes of the five forces analysis of the Power Wrench Market?

Refer complete Table of Content of Power Wrench Market Study

Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Power Wrench market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Power Wrench market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Power Wrench Manufacturers, Power Wrench Distributors, Government Agencies, Commercial Research & Development Institutions, Government Organizations, Research Organizations, and Consulting Firms, Trade Associations and Industry Bodies and Others.
This helps us to gather the data for the players’ revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, Annual reports, press releases etc.