Cordless Power Tool Adoption Boosts Impact Wrenches Industry Expansion

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2026-05-14 12:14:56 -

The global impact wrenches market was valued at USD 2.3 Bn in 2022 and is projected to reach USD 3.8 Bn by the end of 2031. The industry is expected to grow at a CAGR of 5.4% from 2023 to 2031, driven by rising demand from automotive, construction, and industrial sectors. Increasing adoption of cordless and high-performance power tools, along with growing infrastructure development activities...

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