Bits and Sockets Market

Bit, usually refers to the bit of a screwdriver that is installed on a hand drill or electric hammer to screw a screw. A socket wrench is generally called a socket: it is composed of a plurality of sockets with hexagonal holes or twelve-angle holes and is equipped with handles, extension rods and other accessories. It is especially suitable for small screw positions or deep recesses. Bolts or nuts at the location.
Bits and Sockets Market contains market size and forecasts of Bits and Sockets in global, including the following market information:
Global Bits and Sockets Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Bits and Sockets Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Bits and Sockets companies in 2021 (%)
The global Bits and Sockets market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Bits Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bits and Sockets include Apex, Atlas, Jiangsu Dongcheng Electric Tools, Vessel, Action, NAC, Bosch, Wiha and AOBEN, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bits and Sockets 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 Bits and Sockets Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bits and Sockets Market Segment Percentages, by Type, 2021 (%)
Bits
Sockets
Global Bits and Sockets Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bits and Sockets Market Segment Percentages, by Application, 2021 (%)
Automotive Industry
Aerospace Industry
Equipment Manufacturing
Home Appliance Assembly Industry
Other
Global Bits and Sockets Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bits and Sockets Market Segment Percentages, By Region and Country, 2021 (%)
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 Bits and Sockets revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Bits and Sockets revenues share in global market, 2021 (%)
Key companies Bits and Sockets sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Bits and Sockets sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Apex
Atlas
Jiangsu Dongcheng Electric Tools
Vessel
Action
NAC
Bosch
Wiha
AOBEN
Stanley Black?Decker
Wera
Makita
MASTERPROOF
PROTRADE
TOPTUL
Matco Tools
STAHLWILL