Torque Wrench Market Report – Research, Industry Analysis Reports and Market Demands

Global Torque Wrench Market Insights, Forecast to 2025

Request for Sample of this report

Buy now

Table of Content

1 Study Coverage

1.1 Torque Wrench Product
1.2 Key Market Segments in This Study
1.3 Key Manufacturers Covered
1.4 Market by Type
- 1.4.1 Global Torque Wrench Market Size Growth Rate by Type
- 1.4.2 Manual Torque Wrench
- 1.4.3 Pneumatic Torque Wrench
- 1.4.4 Electronic Torque Wrench
1.5 Market by Application
- 1.5.1 Global Torque Wrench Market Size Growth Rate by Application
- 1.5.2 Automotive
- 1.5.3 Engineering & Construction
- 1.5.4 Shipping & Aerospace
- 1.5.5 Other
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary

2.1 Global Torque Wrench Market Size
- 2.1.1 Global Torque Wrench Revenue 2014-2025
- 2.1.2 Global Torque Wrench Production 2014-2025
2.2 Torque Wrench Growth Rate (CAGR) 2019-2025
2.3 Analysis of Competitive Landscape
- 2.3.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
- 2.3.2 Key Torque Wrench Manufacturers
  - 2.3.2.1 Torque Wrench Manufacturing Base Distribution, Headquarters
  - 2.3.2.2 Manufacturers Torque Wrench Product Offered
  - 2.3.2.3 Date of Manufacturers Enter into Torque Wrench Market
2.4 Key Trends for Torque Wrench Markets & Products

3 Market Size by Manufacturers

3.1 Torque Wrench Production by Manufacturers
- 3.1.1 Torque Wrench Production by Manufacturers
- 3.1.2 Torque Wrench Production Market Share by Manufacturers
3.2 Torque Wrench Revenue by Manufacturers
- 3.2.1 Torque Wrench Revenue by Manufacturers (2014-2019)
- 3.2.2 Torque Wrench Revenue Share by Manufacturers (2014-2019)
3.3 Torque Wrench Price by Manufacturers
3.4 Mergers & Acquisitions, Expansion Plans

4 Torque Wrench Production by Regions

4.1 Global Torque Wrench Production by Regions
- 4.1.1 Global Torque Wrench Production Market Share by Regions
- 4.1.2 Global Torque Wrench Revenue Market Share by Regions
4.2 United States
- 4.2.1 United States Torque Wrench Production
- 4.2.2 United States Torque Wrench Revenue
- 4.2.3 Key Players in United States
- 4.2.4 United States Torque Wrench Import & Export
4.3 Europe
- 4.3.1 Europe Torque Wrench Production
- 4.3.2 Europe Torque Wrench Revenue
- 4.3.3 Key Players in Europe
- 4.3.4 Europe Torque Wrench Import & Export
4.4 China
- 4.4.1 China Torque Wrench Production
- 4.4.2 China Torque Wrench Revenue
- 4.4.3 Key Players in China
- 4.4.4 China Torque Wrench Import & Export
4.5 Japan
- 4.5.1 Japan Torque Wrench Production
- 4.5.2 Japan Torque Wrench Revenue
- 4.5.3 Key Players in Japan
- 4.5.4 Japan Torque Wrench Import & Export
4.6 Other Regions
- 4.6.1 South Korea
- 4.6.2 India
- 4.6.3 Southeast Asia

5 Torque Wrench Consumption by Regions

5.1 Global Torque Wrench Consumption by Regions
- 5.1.1 Global Torque Wrench Consumption by Regions
- 5.1.2 Global Torque Wrench Consumption Market Share by Regions
5.2 North America
- 5.2.1 North America Torque Wrench Consumption by Application
- 5.2.2 North America Torque Wrench Consumption by Countries
- 5.2.3 United States
- 5.2.4 Canada
- 5.2.5 Mexico
5.3 Europe
- 5.3.1 Europe Torque Wrench Consumption by Application
- 5.3.2 Europe Torque Wrench Consumption by Countries
- 5.3.3 Germany
- 5.3.4 France
- 5.3.5 UK
- 5.3.6 Italy
- 5.3.7 Russia
5.4 Asia Pacific
- 5.4.1 Asia Pacific Torque Wrench Consumption by Application
- 5.4.2 Asia Pacific Torque Wrench Consumption by Countries
- 5.4.3 China
- 5.4.4 Japan
- 5.4.5 South Korea
- 5.4.6 India
- 5.4.7 Australia
- 5.4.8 Indonesia
- 5.4.9 Thailand
- 5.4.10 Malaysia
- 5.4.11 Philippines
- 5.4.12 Vietnam
5.5 Central & South America
- 5.5.1 Central & South America Torque Wrench Consumption by Application
- 5.5.2 Central & South America Torque Wrench Consumption by Country
- 5.5.3 Brazil
5.6 Middle East and Africa
- 5.6.1 Middle East and Africa Torque Wrench Consumption by Application
- 5.6.2 Middle East and Africa Torque Wrench Consumption by Countries
- 5.6.3 GCC Countries
- 5.6.4 Egypt
- 5.6.5 South Africa

6 Market Size by Type

6.1 Global Torque Wrench Production by Type
6.2 Global Torque Wrench Revenue by Type
6.3 Torque Wrench Price by Type

7 Market Size by Application

7.1 Overview
7.2 Global Torque Wrench Breakdown Dada by Application
- 7.2.1 Global Torque Wrench Consumption by Application
- 7.2.2 Global Torque Wrench Consumption Market Share by Application (2014-2019)

8 Manufacturers Profiles

9 Production Forecasts

9.1 Torque Wrench Production and Revenue Forecast
- 9.1.1 Global Torque Wrench Production Forecast 2019-2025
- 9.1.2 Global Torque Wrench Revenue Forecast 2019-2025
9.2 Torque Wrench Production and Revenue Forecast by Regions
- 9.2.1 Global Torque Wrench Revenue Forecast by Regions
- 9.2.2 Global Torque Wrench Production Forecast by Regions
9.3 Torque Wrench Key Producers Forecast
- 9.3.1 United States
- 9.3.2 Europe
- 9.3.3 China
- 9.3.4 Japan
9.4 Forecast by Type
- 9.4.1 Global Torque Wrench Production Forecast by Type
- 9.4.2 Global Torque Wrench Revenue Forecast by Type

10 Consumption Forecast

10.1 Torque Wrench Consumption Forecast by Application
10.2 Torque Wrench Consumption Forecast by Regions
10.3 North America Market Consumption Forecast
- 10.3.1 North America Torque Wrench Consumption Forecast by Regions 2019-2025
- 10.3.2 United States
- 10.3.3 Canada
- 10.3.4 Mexico
10.4 Europe Market Consumption Forecast
- 10.4.1 Europe Torque Wrench Consumption Forecast by Regions 2019-2025
- 10.4.2 Germany
- 10.4.3 France
- 10.4.4 UK
- 10.4.5 Italy
- 10.4.6 Russia
10.5 Asia Pacific Market Consumption Forecast
- 10.5.1 Asia Pacific Torque Wrench Consumption Forecast by Regions 2019-2025
- 10.5.2 China
- 10.5.3 Japan
- 10.5.4 South Korea
- 10.5.5 India
- 10.5.6 Australia
- 10.5.7 Indonesia
- 10.5.8 Thailand
- 10.5.9 Malaysia
- 10.5.10 Philippines
- 10.5.11 Vietnam
10.6 Central & South America Market Consumption Forecast
- 10.6.1 Central & South America Torque Wrench Consumption Forecast by Regions 2019-2025
- 10.6.2 Brazil
10.7 Middle East and Africa Market Consumption Forecast
- 10.7.1 Middle East and Africa Torque Wrench Consumption Forecast by Regions 2019-2025
- 10.7.2 GCC Countries
- 10.7.3 Egypt
- 10.7.4 South Africa

11 Value Chain and Sales Channels Analysis

11.1 Value Chain Analysis
11.2 Sales Channels Analysis
- 11.2.1 Torque Wrench Sales Channels
- 11.2.2 Torque Wrench Distributors
11.3 Torque Wrench Customers

12 Market Opportunities & Challenges, Risks and Influences Factors Analysis

12.1 Market Opportunities and Drivers
12.2 Market Challenges
12.3 Market Risks/Restraints

13 Key Findings in the Global Torque Wrench Study

14 Appendix

14.1 Research Methodology
- 14.1.1 Methodology/Research Approach
  - 14.1.1.1 Research Programs/Design
  - 14.1.1.2 Market Size Estimation
  - 14.1.1.3 Market Breakdown and Data Triangulation
- 14.1.2 Data Source
  - 14.1.2.1 Secondary Sources
  - 14.1.2.2 Primary Sources
14.2 Author Details

Description

A torque wrench is a tool used to precisely apply a specific torque to a fastener such as a nut or bolt. It is usually in the form of a socket wrench with special internal mechanisms.
A torque wrench is used where the tightness of screws and bolts is crucial. It allows the operator to measure the torque applied to the fastener so it can be matched to the specifications for a particular application. This permits proper tension and loading of all parts. A torque wrench measures torque as a proxy for bolt tension. The technique suffers from inaccuracy due to inconsistent or uncalibrated friction between the fastener and its mating hole. Measuring bolt tension (bolt stretch) is more accurate but often torque is the only practical means of measurement.

Indirect marketing, also means distribution, is an important supplement of direct marketing. Today, in certain consumer goods industry, distribution has been the major marketing channel. Through sign specific contact with the professional retailers, manufacturers can get more orders without extra cost on marketing. Certainly, the distributors will occupy part profit among the marketing of products.
When the manufacturers entered into a target market, find some professional distributors can be useful. These distributors have a clearer sense of the local market.

The most prominent feature of modern marketing is the e-commerce. E-commerce is the buying and selling of goods and services over an electronic network, primarily the internet. These business transactions occur either as business-to-business (B2B), business-to-consumer (B2C), consumer-to-consumer or consumer-to-business.
As the fast development of internet technology, E-commerce is becoming more and more popular. Most manufacturers have built their sales website or operated an official sales store in the ecommerce platform. E-commerce can decrease the investment on solid stores and manufacturers can get the market sales conditions easily as the sales data can be counted easily.

The Torque Wrench market was valued at 5930 Million US$ in 2018 and is projected to reach 8250 Million US$ by 2025, at a CAGR of 4.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Torque Wrench.

This report presents the worldwide Torque Wrench market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Snap-on (CDI)
Norbar
Proto
TONE
Tohnichi
Enerpac
TEKTON
FACOM
SATA Tools
Armstrong
Precision Instruments
Craftsman
Powermaster
Hytorc
Plarad
Mountz
K-Tool
Primo Tools
Park Tool
Jinan Hanpu

Torque Wrench Breakdown Data by Type
Manual Torque Wrench
Pneumatic Torque Wrench
Electronic Torque Wrench
Torque Wrench Breakdown Data by Application
Automotive
Engineering & Construction
Shipping & Aerospace
Other

Torque Wrench Production by Region
United States
Europe
China
Japan
Other Regions

Torque Wrench Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Torque Wrench status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Torque Wrench manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Torque Wrench :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Torque Wrench market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.