Transparency Market Research

DC Torque Tool Market Is Expected to Grow at the Highest CAGR During the Forecast Period

 

Albany, NY -- (SBWIRE) -- 12/13/2018 -- The DC control tool is a system used for fasten the process of torque and automation and to provide precise, accurate and repeatable torque control. Torque fastening system manufacturers can optimize the assembly area due to its high performance, and it also reduces labor costs and increases productivity.

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Key factors driving the expansion of the n market are the increasing sales of passenger and commercial vehicles, increasing adoption of industry 4.0, and the rising requirement of specific torque as well as efficient and flexible tools for fastening. Moreover, the demand of brushless DC motors helps market to grow for cordless fastening tools.

The advancement in battery technology and decreasing prices of Li-Ion batteries are fueling the demand for DC torque tools. The progress in batteries and rapid replacement of Ni-Cd batteries with Li-Ion batteries help cordless tools to holda larger division of the DC torque systems market. Moreover, the acceptable and fast-changing techniques fuel the expansion of the cordless segment.

Depending on the application, sensor control tools provide precise and accurate torque control.. The current control tools, are not the same as sensor control tools. These tools provide a highly accurate fastening process. Therefore, owing to its various benefits, many manufacturers provide sensor control DC torque tool.

Various factors such as variations in gear system, temperature, voltage, and motor performance do not influence the accuracy of the system. A subsidiary of Atlas Copco AB (Sweden), named Desoutter Industrial Tools, Estic Corporation (Japan), Stanley Black & Decker Inc. (U.S.), Robert Bosch GmbH (Germany), and Ingersoll Rand plc. (Ireland) have a substantial product portfolio of sensor control fastening tools.

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DC torque tools are extensively used in the automotive industry at different stages. These tools are majorly employed by OEMs as well as in repair and service centers. In automotive industries, DC torque tools provide essential fastening solutions and precise torque, which is highly important for different projects that require precise measurements. Rising automotive production is expected to boost the DC torque tool market during the forecast period.