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Global Automotive Torque Tools Market Research Report 2024
Synopsis
The vehicle torque is the torque that the engine outputs from the crankshaft end. It is inversely proportional to the engine speed under the condition of fixed power. The faster the speed, the smaller the torque, and vice versa, reflecting the load capacity of the car within a certain range.
The global Automotive Torque Tools market was valued at US$ 21330 million in 2023 and is anticipated to reach US$ 27050 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Automotive Torque Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Torque Tools.
Report Scope
The Automotive Torque Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Torque Tools market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Torque Tools manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Norbar
Torcstar
Tone Co., Ltd
Atlas Copco AB
Tekton
Enerpac（Actuant）
Rad Torque Systems
Segment by Type
Torque Screwdrivers
Torque Wrench
Torque Multiplier
Nutrunner
Segment by Application
Commercial Vehicle
Private Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automotive Torque Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automotive Torque Tools by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automotive Torque Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
The vehicle torque is the torque that the engine outputs from the crankshaft end. It is inversely proportional to the engine speed under the condition of fixed power. The faster the speed, the smaller the torque, and vice versa, reflecting the load capacity of the car within a certain range.
The global Automotive Torque Tools market was valued at US$ 21330 million in 2023 and is anticipated to reach US$ 27050 million by 2030, witnessing a CAGR of 3.5% during the forecast period 2024-2030.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
This report aims to provide a comprehensive presentation of the global market for Automotive Torque Tools, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Automotive Torque Tools.
Report Scope
The Automotive Torque Tools market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Automotive Torque Tools market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Automotive Torque Tools manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Norbar
Torcstar
Tone Co., Ltd
Atlas Copco AB
Tekton
Enerpac（Actuant）
Rad Torque Systems
Segment by Type
Torque Screwdrivers
Torque Wrench
Torque Multiplier
Nutrunner
Segment by Application
Commercial Vehicle
Private Vehicle
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Automotive Torque Tools manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Automotive Torque Tools by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Automotive Torque Tools in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: The main points and conclusions of the report.
Index1 Automotive Torque Tools Market Overview
1.1 Product Definition
1.2 Automotive Torque Tools Segment by Type
1.2.1 Global Automotive Torque Tools Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Torque Screwdrivers
1.2.3 Torque Wrench
1.2.4 Torque Multiplier
1.2.5 Nutrunner
1.3 Automotive Torque Tools Segment by Application
1.3.1 Global Automotive Torque Tools Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Commercial Vehicle
1.3.3 Private Vehicle
1.4 Global Market Growth Prospects
1.4.1 Global Automotive Torque Tools Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Automotive Torque Tools Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Automotive Torque Tools Production Estimates and Forecasts (2019-2030)
1.4.4 Global Automotive Torque Tools Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Automotive Torque Tools Production Market Share by Manufacturers (2019-2024)
2.2 Global Automotive Torque Tools Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Automotive Torque Tools, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Automotive Torque Tools Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Automotive Torque Tools Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Automotive Torque Tools, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Automotive Torque Tools, Product Offered and Application
2.8 Global Key Manufacturers of Automotive Torque Tools, Date of Enter into This Industry
2.9 Automotive Torque Tools Market Competitive Situation and Trends
2.9.1 Automotive Torque Tools Market Concentration Rate
2.9.2 Global 5 and 10 Largest Automotive Torque Tools Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Automotive Torque Tools Production by Region
3.1 Global Automotive Torque Tools Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Automotive Torque Tools Production Value by Region (2019-2030)
3.2.1 Global Automotive Torque Tools Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Automotive Torque Tools by Region (2025-2030)
3.3 Global Automotive Torque Tools Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Automotive Torque Tools Production by Region (2019-2030)
3.4.1 Global Automotive Torque Tools Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Automotive Torque Tools by Region (2025-2030)
3.5 Global Automotive Torque Tools Market Price Analysis by Region (2019-2024)
3.6 Global Automotive Torque Tools Production and Value, Year-over-Year Growth
3.6.1 North America Automotive Torque Tools Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Automotive Torque Tools Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Automotive Torque Tools Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Automotive Torque Tools Production Value Estimates and Forecasts (2019-2030)
3.6.5 South Korea Automotive Torque Tools Production Value Estimates and Forecasts (2019-2030)
3.6.6 India Automotive Torque Tools Production Value Estimates and Forecasts (2019-2030)
4 Automotive Torque Tools Consumption by Region
4.1 Global Automotive Torque Tools Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Automotive Torque Tools Consumption by Region (2019-2030)
4.2.1 Global Automotive Torque Tools Consumption by Region (2019-2024)
4.2.2 Global Automotive Torque Tools Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Automotive Torque Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Automotive Torque Tools Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Automotive Torque Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Automotive Torque Tools Consumption by Country (2019-2030)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Automotive Torque Tools Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Automotive Torque Tools Consumption by Region (2019-2030)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Automotive Torque Tools Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Automotive Torque Tools Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Automotive Torque Tools Production by Type (2019-2030)
5.1.1 Global Automotive Torque Tools Production by Type (2019-2024)
5.1.2 Global Automotive Torque Tools Production by Type (2025-2030)
5.1.3 Global Automotive Torque Tools Production Market Share by Type (2019-2030)
5.2 Global Automotive Torque Tools Production Value by Type (2019-2030)
5.2.1 Global Automotive Torque Tools Production Value by Type (2019-2024)
5.2.2 Global Automotive Torque Tools Production Value by Type (2025-2030)
5.2.3 Global Automotive Torque Tools Production Value Market Share by Type (2019-2030)
5.3 Global Automotive Torque Tools Price by Type (2019-2030)
6 Segment by Application
6.1 Global Automotive Torque Tools Production by Application (2019-2030)
6.1.1 Global Automotive Torque Tools Production by Application (2019-2024)
6.1.2 Global Automotive Torque Tools Production by Application (2025-2030)
6.1.3 Global Automotive Torque Tools Production Market Share by Application (2019-2030)
6.2 Global Automotive Torque Tools Production Value by Application (2019-2030)
6.2.1 Global Automotive Torque Tools Production Value by Application (2019-2024)
6.2.2 Global Automotive Torque Tools Production Value by Application (2025-2030)
6.2.3 Global Automotive Torque Tools Production Value Market Share by Application (2019-2030)
6.3 Global Automotive Torque Tools Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Norbar
7.1.1 Norbar Automotive Torque Tools Corporation Information
7.1.2 Norbar Automotive Torque Tools Product Portfolio
7.1.3 Norbar Automotive Torque Tools Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Norbar Main Business and Markets Served
7.1.5 Norbar Recent Developments/Updates
7.2 Torcstar
7.2.1 Torcstar Automotive Torque Tools Corporation Information
7.2.2 Torcstar Automotive Torque Tools Product Portfolio
7.2.3 Torcstar Automotive Torque Tools Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Torcstar Main Business and Markets Served
7.2.5 Torcstar Recent Developments/Updates
7.3 Tone Co., Ltd
7.3.1 Tone Co., Ltd Automotive Torque Tools Corporation Information
7.3.2 Tone Co., Ltd Automotive Torque Tools Product Portfolio
7.3.3 Tone Co., Ltd Automotive Torque Tools Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Tone Co., Ltd Main Business and Markets Served
7.3.5 Tone Co., Ltd Recent Developments/Updates
7.4 Atlas Copco AB
7.4.1 Atlas Copco AB Automotive Torque Tools Corporation Information
7.4.2 Atlas Copco AB Automotive Torque Tools Product Portfolio
7.4.3 Atlas Copco AB Automotive Torque Tools Production, Value, Price and Gross Margin (2019-2024)
7.4.4 Atlas Copco AB Main Business and Markets Served
7.4.5 Atlas Copco AB Recent Developments/Updates
7.5 Tekton
7.5.1 Tekton Automotive Torque Tools Corporation Information
7.5.2 Tekton Automotive Torque Tools Product Portfolio
7.5.3 Tekton Automotive Torque Tools Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Tekton Main Business and Markets Served
7.5.5 Tekton Recent Developments/Updates
7.6 Enerpac（Actuant）
7.6.1 Enerpac（Actuant） Automotive Torque Tools Corporation Information
7.6.2 Enerpac（Actuant） Automotive Torque Tools Product Portfolio
7.6.3 Enerpac（Actuant） Automotive Torque Tools Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Enerpac（Actuant） Main Business and Markets Served
7.6.5 Enerpac（Actuant） Recent Developments/Updates
7.7 Rad Torque Systems
7.7.1 Rad Torque Systems Automotive Torque Tools Corporation Information
7.7.2 Rad Torque Systems Automotive Torque Tools Product Portfolio
7.7.3 Rad Torque Systems Automotive Torque Tools Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Rad Torque Systems Main Business and Markets Served
7.7.5 Rad Torque Systems Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Automotive Torque Tools Industry Chain Analysis
8.2 Automotive Torque Tools Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Automotive Torque Tools Production Mode & Process
8.4 Automotive Torque Tools Sales and Marketing
8.4.1 Automotive Torque Tools Sales Channels
8.4.2 Automotive Torque Tools Distributors
8.5 Automotive Torque Tools Customers
9 Automotive Torque Tools Market Dynamics
9.1 Automotive Torque Tools Industry Trends
9.2 Automotive Torque Tools Market Drivers
9.3 Automotive Torque Tools Market Challenges
9.4 Automotive Torque Tools Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
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