Report overview
Automotive Wrenches are tools which are used to provide grip and applying torque (measure of turning force on an object) to turn, fasten, and tighten nuts and bolts. The automotive wrenches that are coated with chromium to prevent corrosion are frequently made to undergo a process of forging under hot and cold temperatures. The market for wrenches is mainly driven by the rise in production of vehicles globally. Wrenches are found in variety of styles and used for various applications. Some are designed to be used as fasteners and others are designed to be used for metric applications.
This report aims to provide a comprehensive presentation of the global market for Automotive Wrenches, 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 Automotive Wrenches. This report contains market size and forecasts of Automotive Wrenches in global, including the following market information:
Global Automotive Wrenches Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Automotive Wrenches Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Automotive Wrenches companies in 2022 (%)
The global Automotive Wrenches 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.
Open End Wrench Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Automotive Wrenches include Tone Co., Ltd, Eastman, Stahlwille, Stanley, Klein Tools, Apex Tool Group, SPERO, Snap-on and Matco Tools, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Automotive Wrenches 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 Automotive Wrenches Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Wrenches Market Segment Percentages, by Type, 2022 (%)
Open End Wrench
Box End Wrench
Combination Wrench
Pipe Wrench
Others
Global Automotive Wrenches Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Wrenches Market Segment Percentages, by Application, 2022 (%)
Passenger Cars
Light Commercial Vehicles
Heavy Commercial Vehicles
Global Automotive Wrenches Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Automotive Wrenches 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 Automotive Wrenches revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Automotive Wrenches revenues share in global market, 2022 (%)
Key companies Automotive Wrenches sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Automotive Wrenches sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Tone Co., Ltd
Eastman
Stahlwille
Stanley
Klein Tools
Apex Tool Group
SPERO
Snap-on
Matco Tools
Canadian Tire
Viktec
Sir Tools
Outline of Major Chapters:
Chapter 1: Introduces the definition of Automotive Wrenches, market overview.
Chapter 2: Global Automotive Wrenches market size in revenue and volume.
Chapter 3: Detailed analysis of Automotive Wrenches 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 Automotive Wrenches 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 Automotive Wrenches 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.
