Global Socket Set Market Growth 2023-2029

Global Socket Set Market Growth 2023-2029

Product Code:458391

Published Date: Feb 08,2023

Pages: 104

Region: Global

Category: Machinery & Equipment

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Socket Set is a set of metal tools of different sizes that fix onto one handle and are used to fasten and unfasten nuts on pieces of equipment.

LPI (LP Information)' newest research report, the “Socket Set Industry Forecast” looks at past sales and reviews total world Socket Set sales in 2022, providing a comprehensive analysis by region and market sector of projected Socket Set sales for 2023 through 2029. With Socket Set sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Socket Set industry.

This Insight Report provides a comprehensive analysis of the global Socket Set landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Socket Set portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Socket Set market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Socket Set and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Socket Set.

The global Socket Set market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

The major players in United States Socket Set market include STANLEY, Great Star, DEWALT, etc. The top 3 players occupy about 40% shares of the United States market. 50-100 Pieces is the main type, with a share about 50%. Automotive Industry is the main application, which holds a share about 45%.

This report presents a comprehensive overview, market shares, and growth opportunities of Socket Set market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:
Segmentation by type
    Above 100 Pieces
    50-100 Pieces
    Below 50 Pieces

Segmentation by application
    General Industry
    Construction Industry
    Automotive Industry
    Others

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    STANLEY
    DEWALT
    SNAP-ON
    Great Star
    Craftsman
    Würth Group
    TEKTON
    Great Neck Saw
    Apex Tool
    Chuann Wu
    SPERO
    Venus
    Hans Tool
    TONE

Key Questions Addressed in this Report
What is the 10-year outlook for the global Socket Set market?
What factors are driving Socket Set market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Socket Set market opportunities vary by end market size?
How does Socket Set break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?