A socket wrench is a type of wrench (spanner in British English) that inserts into a socket to turn a fastener, typically in the form of a nut or bolt.
This report contains market size and forecasts of Socket Wrench Set in global, including the following market information:
Global Socket Wrench Set Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Socket Wrench Set Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Socket Wrench Set companies in 2021 (%)
The global Socket Wrench Set 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.
1/4" Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Socket Wrench Set include Wuerth, PHOENIX, WIHA, SATA, Stanley, Prokit's, ENDURA, Ningbo Great Wall Precision Industrial and Ningbo Deli, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Socket Wrench Set 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 Socket Wrench Set Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Socket Wrench Set Market Segment Percentages, by Type, 2021 (%)
1/4"
3/8"
1/2"
Global Socket Wrench Set Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Socket Wrench Set Market Segment Percentages, by Application, 2021 (%)
Home Renovation
Auto Accessories
Global Socket Wrench Set Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Socket Wrench Set 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 Socket Wrench Set revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Socket Wrench Set revenues share in global market, 2021 (%)
Key companies Socket Wrench Set sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Socket Wrench Set sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Wuerth
PHOENIX
WIHA
SATA
Stanley
Prokit's
ENDURA
Ningbo Great Wall Precision Industrial
Ningbo Deli
SUPER TOOL CO., LTD.
KING TONY
The Klein Tools
Kamasa Tools
ENGINEER INC
Deltec Industries Ltd
Draper Tools
Beta Tools
SEPRO TOOLS CO., Ltd
Irimo
Unitool
Venus Industrial Corporation
Eastman
Gedore
Tulex