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Egypt bolting tools market was valued at USD 101.4 Million in 2019 and is projected to reach USD 121.9 Million by 2027, expanding at a CAGR of 2.9% during the forecast period. Bolting tools are equipment used to tighten these bolts with little effort. Bolting tools are compact, easy to use, convenient, and accurate.
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Egypt Bolting Tools Market – Industry Analysis, Size, Share, Growth, Trends and Forecast Egypt bolting tools market was valued at USD 101.4 Million in 2019 and is projected to reach USD 121.9 Million by 2027, expanding at a CAGR of 2.9% during the forecast period. Bolting tools are equipment used to tighten these bolts with little effort. Bolting tools are compact, easy to use, convenient, and accurate. The demand for bolting tools is increasing the market due to the rise in automation in the industries. Get A Free Sample Report:https://growthmarketreports.com/request-sample/26 The market is driven by factors such as rising demand for saving time and improving accuracy and efficiency, growing industrial activities, increasing construction and infrastructure activities, rising use of bolting tools in the automotive industry. Conversely, high costs of advanced bolting tools and lack of awareness among user is hampering market growth. Growth in the E-commerce industry and rising investment in research and development (R&D) are expected to create opportunities for the market in the future. Furthermore, the market is anticipated to face challenges by the high competition in the market and due to regulatory compliance and bolting tools safety norms. About Growth Market Reports Growth Market Reports provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Industry Intelligence Solutions”. Growth Market Reports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain. Contact Info: – Address: – 1st Floor, Kalpavruksha Office No 1, GK Lane Number 3, Ingawale Nagar, Pimple Nilakh, Pune, Maharashtra 411027 Phone No: – USA: +1 909 545 6473 Email: – sales@growthmarketreports.com •Website: – https://growthmarketreports.com/