| Product Code: ETC5920564 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Republic of North Macedonia continues to see a strong influx of DC torque tool imports, with top exporting countries such as China, Germany, Czechia, Malaysia, and India dominating the market in 2024. The Herfindahl-Hirschman Index (HHI) indicates a significant increase in market concentration from 2023 to 2024, reflecting a more competitive landscape. The impressive Compound Annual Growth Rate (CAGR) of 14.08% from 2020 to 2024 underscores the growing demand for these products in North Macedonia. Moreover, the robust growth rate of 14.71% from 2023 to 2024 suggests sustained momentum in the import market for DC torque tools in the region.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Republic of Macedonia DC Torque Tool Market Overview |
3.1 Republic of Macedonia Country Macro Economic Indicators |
3.2 Republic of Macedonia DC Torque Tool Market Revenues & Volume, 2021 & 2031F |
3.3 Republic of Macedonia DC Torque Tool Market - Industry Life Cycle |
3.4 Republic of Macedonia DC Torque Tool Market - Porter's Five Forces |
3.5 Republic of Macedonia DC Torque Tool Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Republic of Macedonia DC Torque Tool Market Revenues & Volume Share, By Power Source, 2021 & 2031F |
3.7 Republic of Macedonia DC Torque Tool Market Revenues & Volume Share, By Control System, 2021 & 2031F |
4 Republic of Macedonia DC Torque Tool Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision and accuracy in torque applications |
4.2.2 Growing adoption of electric vehicles and renewable energy sources driving the need for DC torque tools |
4.2.3 Advancements in technology leading to the development of more efficient and precise DC torque tools |
4.3 Market Restraints |
4.3.1 High initial investment required for DC torque tools |
4.3.2 Lack of awareness and technical expertise among end-users |
4.3.3 Limited availability of skilled workforce for operating and maintaining DC torque tools |
5 Republic of Macedonia DC Torque Tool Market Trends |
6 Republic of Macedonia DC Torque Tool Market Segmentations |
6.1 Republic of Macedonia DC Torque Tool Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Republic of Macedonia DC Torque Tool Market Revenues & Volume, By Handheld Tools, 2021-2031F |
6.1.3 Republic of Macedonia DC Torque Tool Market Revenues & Volume, By Fixtured Tools, 2021-2031F |
6.2 Republic of Macedonia DC Torque Tool Market, By Power Source |
6.2.1 Overview and Analysis |
6.2.2 Republic of Macedonia DC Torque Tool Market Revenues & Volume, By Corded , 2021-2031F |
6.2.3 Republic of Macedonia DC Torque Tool Market Revenues & Volume, By Cordless, 2021-2031F |
6.3 Republic of Macedonia DC Torque Tool Market, By Control System |
6.3.1 Overview and Analysis |
6.3.2 Republic of Macedonia DC Torque Tool Market Revenues & Volume, By Transducer , 2021-2031F |
6.3.3 Republic of Macedonia DC Torque Tool Market Revenues & Volume, By Current, 2021-2031F |
7 Republic of Macedonia DC Torque Tool Market Import-Export Trade Statistics |
7.1 Republic of Macedonia DC Torque Tool Market Export to Major Countries |
7.2 Republic of Macedonia DC Torque Tool Market Imports from Major Countries |
8 Republic of Macedonia DC Torque Tool Market Key Performance Indicators |
8.1 Adoption rate of DC torque tools in key industries |
8.2 Rate of technological advancements in DC torque tool designs |
8.3 Training and certification levels of workforce in operating DC torque tools |
9 Republic of Macedonia DC Torque Tool Market - Opportunity Assessment |
9.1 Republic of Macedonia DC Torque Tool Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Republic of Macedonia DC Torque Tool Market Opportunity Assessment, By Power Source, 2021 & 2031F |
9.3 Republic of Macedonia DC Torque Tool Market Opportunity Assessment, By Control System, 2021 & 2031F |
10 Republic of Macedonia DC Torque Tool Market - Competitive Landscape |
10.1 Republic of Macedonia DC Torque Tool Market Revenue Share, By Companies, 2024 |
10.2 Republic of Macedonia DC Torque Tool Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |