A hydraulic torque wrench is a power tool designed to exert torque on a fastener to achieve proper tightening or loosening of a connection through the use of hydraulics. A torque wrench is applied to the nut either directly or in conjunction with an impact socket. Hydraulic torque wrenches apply a predetermined, controlled amount of torque to a properly lubricated fastener.
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This report contains market size and forecasts of Hydraulic Torque in South Korea, including the following market information:
South Korea Hydraulic Torque Market Revenue, 2015-2020, 2021-2026, ($ millions)
South Korea Hydraulic Torque Market Consumption, 2015-2020, 2021-2026, (Units)
South Korea Hydraulic Torque Production Capacity, 2015-2020, 2021-2026, (Units)
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Top Five Competitors in South Korea Hydraulic Torque Market 2019 (%)
The global Hydraulic Torque market was valued at 78 million in 2019 and is projected to reach US$ 100.3 million by 2026, at a CAGR of 6.3% during the forecast period. While the Hydraulic Torque market size in South Korea was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Hydraulic Torque manufacturers, suppliers, distributors and industry experts on the impacts of the COVID-19 pandemic on businesses, with top challenges including ingredients and raw material delays, component and packaging shortages, reduced/cancelled orders from clients and consumers, and closures of production lines in some impacted areas.
This report also analyses and evaluates the COVID-19 impact on Hydraulic Torque production and consumption in South Korea
Total Market by Segment:
South Korea Hydraulic Torque Market, By Type, 2015-2020, 2021-2026 ($ millions) & (Units)
South Korea Hydraulic Torque Market Segment Percentages, By Type, 2019 (%)
Drive Hydraulic Wrench
Hollow Hydraulic Wrench
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South Korea Hydraulic Torque Market, By Application, 2015-2020, 2021-2026 ($ millions) & (Units)
South Korea Hydraulic Torque Market Segment Percentages, By Application, 2019 (%)
Oil & Gas
Plants and Refineries
Power Industry
Other
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Competitor Analysis
The report also provides analysis of leading market participants including:
Total Hydraulic Torque Market Competitors Revenues in South Korea, by Players 2015-2020 (Estimated), ($ millions)
Total Hydraulic Torque Market Competitors Revenues Share in South Korea, by Players 2019 (%)
Total South Korea Hydraulic Torque Market Competitors Sales, by Players 2015-2020 (Estimated), (Units)
Total South Korea Hydraulic Torque Market Competitors Sales Market Share by Players 2019 ($ millions)
Further, the report presents profiles of competitors in the market, including the following:
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Enerpac
Hytorc
Hydratight
ITH
TorcUP
Powermaster
Norwolf Tool Works
Plarad
WREN
HTL
Torq/Lite
TorsionX