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Global Torque Wrench Market Research Report 2025
Synopsis
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.
The global Torque Wrench market was valued at US$ 290 million in 2023 and is anticipated to reach US$ 435.2 million by 2030, witnessing a CAGR of 5.9% during the forecast period 2024-2030.
Global Torque Wrench key players include Snap-on (CDI), Norbar, Proto, TONE, Tohnichi, etc. Global five four manufacturers hold a share over 50%.
North America is the largest market, with a share over 40%, followed by Europe and Asia-Pacific, both have a share over 50%.
In terms of product, Manual Torque Wrench is the largest segment, with a share over 75%. And in terms of application, the largest application is Automotive, followed by Engineering and Construction, Shipping and Aerospace, etc.
This report aims to provide a comprehensive presentation of the global market for Torque Wrench, 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 Torque Wrench.
Report Scope
The Torque Wrench 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 Torque Wrench 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 Torque Wrench 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
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
Segment by Type
Manual Torque Wrench
Pneumatic Torque Wrench
Electronic Torque Wrench
Segment by Application
Automotive
Engineering and Construction
Shipping and Aerospace
Others
Production by Region
North America
Europe
China
Japan
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 Torque Wrench manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Torque Wrench 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 Torque Wrench 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.
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.
The global Torque Wrench market was valued at US$ 290 million in 2023 and is anticipated to reach US$ 435.2 million by 2030, witnessing a CAGR of 5.9% during the forecast period 2024-2030.
Global Torque Wrench key players include Snap-on (CDI), Norbar, Proto, TONE, Tohnichi, etc. Global five four manufacturers hold a share over 50%.
North America is the largest market, with a share over 40%, followed by Europe and Asia-Pacific, both have a share over 50%.
In terms of product, Manual Torque Wrench is the largest segment, with a share over 75%. And in terms of application, the largest application is Automotive, followed by Engineering and Construction, Shipping and Aerospace, etc.
This report aims to provide a comprehensive presentation of the global market for Torque Wrench, 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 Torque Wrench.
Report Scope
The Torque Wrench 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 Torque Wrench 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 Torque Wrench 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
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
Segment by Type
Manual Torque Wrench
Pneumatic Torque Wrench
Electronic Torque Wrench
Segment by Application
Automotive
Engineering and Construction
Shipping and Aerospace
Others
Production by Region
North America
Europe
China
Japan
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 Torque Wrench manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Torque Wrench 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 Torque Wrench 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 Torque Wrench Market Overview
1.1 Product Definition
1.2 Torque Wrench Segment by Type
1.2.1 Global Torque Wrench Market Value Growth Rate Analysis by Type 2023 VS 2030
1.2.2 Manual Torque Wrench
1.2.3 Pneumatic Torque Wrench
1.2.4 Electronic Torque Wrench
1.3 Torque Wrench Segment by Application
1.3.1 Global Torque Wrench Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Automotive
1.3.3 Engineering and Construction
1.3.4 Shipping and Aerospace
1.3.5 Others
1.4 Global Market Growth Prospects
1.4.1 Global Torque Wrench Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Torque Wrench Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Torque Wrench Production Estimates and Forecasts (2019-2030)
1.4.4 Global Torque Wrench Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Torque Wrench Production Market Share by Manufacturers (2019-2024)
2.2 Global Torque Wrench Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Torque Wrench, Industry Ranking, 2022 VS 2023 VS 2024
2.4 Global Torque Wrench Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Torque Wrench Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Torque Wrench, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Torque Wrench, Product Offered and Application
2.8 Global Key Manufacturers of Torque Wrench, Date of Enter into This Industry
2.9 Torque Wrench Market Competitive Situation and Trends
2.9.1 Torque Wrench Market Concentration Rate
2.9.2 Global 5 and 10 Largest Torque Wrench Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Torque Wrench Production by Region
3.1 Global Torque Wrench Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Torque Wrench Production Value by Region (2019-2030)
3.2.1 Global Torque Wrench Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Torque Wrench by Region (2025-2030)
3.3 Global Torque Wrench Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Torque Wrench Production by Region (2019-2030)
3.4.1 Global Torque Wrench Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Torque Wrench by Region (2025-2030)
3.5 Global Torque Wrench Market Price Analysis by Region (2019-2024)
3.6 Global Torque Wrench Production and Value, Year-over-Year Growth
3.6.1 North America Torque Wrench Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Torque Wrench Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Torque Wrench Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Torque Wrench Production Value Estimates and Forecasts (2019-2030)
3.6.5 India Torque Wrench Production Value Estimates and Forecasts (2019-2030)
4 Torque Wrench Consumption by Region
4.1 Global Torque Wrench Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Torque Wrench Consumption by Region (2019-2030)
4.2.1 Global Torque Wrench Consumption by Region (2019-2024)
4.2.2 Global Torque Wrench Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Torque Wrench Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Torque Wrench Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Torque Wrench Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Torque Wrench 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 Torque Wrench Consumption Growth Rate by Region: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Torque Wrench 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 Torque Wrench Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Torque Wrench Consumption by Country (2019-2030)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Torque Wrench Production by Type (2019-2030)
5.1.1 Global Torque Wrench Production by Type (2019-2024)
5.1.2 Global Torque Wrench Production by Type (2025-2030)
5.1.3 Global Torque Wrench Production Market Share by Type (2019-2030)
5.2 Global Torque Wrench Production Value by Type (2019-2030)
5.2.1 Global Torque Wrench Production Value by Type (2019-2024)
5.2.2 Global Torque Wrench Production Value by Type (2025-2030)
5.2.3 Global Torque Wrench Production Value Market Share by Type (2019-2030)
5.3 Global Torque Wrench Price by Type (2019-2030)
6 Segment by Application
6.1 Global Torque Wrench Production by Application (2019-2030)
6.1.1 Global Torque Wrench Production by Application (2019-2024)
6.1.2 Global Torque Wrench Production by Application (2025-2030)
6.1.3 Global Torque Wrench Production Market Share by Application (2019-2030)
6.2 Global Torque Wrench Production Value by Application (2019-2030)
6.2.1 Global Torque Wrench Production Value by Application (2019-2024)
6.2.2 Global Torque Wrench Production Value by Application (2025-2030)
6.2.3 Global Torque Wrench Production Value Market Share by Application (2019-2030)
6.3 Global Torque Wrench Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Snap-on (CDI)
7.1.1 Snap-on (CDI) Torque Wrench Corporation Information
7.1.2 Snap-on (CDI) Torque Wrench Product Portfolio
7.1.3 Snap-on (CDI) Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.1.4 Snap-on (CDI) Main Business and Markets Served
7.1.5 Snap-on (CDI) Recent Developments/Updates
7.2 Norbar
7.2.1 Norbar Torque Wrench Corporation Information
7.2.2 Norbar Torque Wrench Product Portfolio
7.2.3 Norbar Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.2.4 Norbar Main Business and Markets Served
7.2.5 Norbar Recent Developments/Updates
7.3 Proto
7.3.1 Proto Torque Wrench Corporation Information
7.3.2 Proto Torque Wrench Product Portfolio
7.3.3 Proto Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.3.4 Proto Main Business and Markets Served
7.3.5 Proto Recent Developments/Updates
7.4 TONE
7.4.1 TONE Torque Wrench Corporation Information
7.4.2 TONE Torque Wrench Product Portfolio
7.4.3 TONE Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.4.4 TONE Main Business and Markets Served
7.4.5 TONE Recent Developments/Updates
7.5 Tohnichi
7.5.1 Tohnichi Torque Wrench Corporation Information
7.5.2 Tohnichi Torque Wrench Product Portfolio
7.5.3 Tohnichi Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Tohnichi Main Business and Markets Served
7.5.5 Tohnichi Recent Developments/Updates
7.6 Enerpac
7.6.1 Enerpac Torque Wrench Corporation Information
7.6.2 Enerpac Torque Wrench Product Portfolio
7.6.3 Enerpac Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Enerpac Main Business and Markets Served
7.6.5 Enerpac Recent Developments/Updates
7.7 TEKTON
7.7.1 TEKTON Torque Wrench Corporation Information
7.7.2 TEKTON Torque Wrench Product Portfolio
7.7.3 TEKTON Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.7.4 TEKTON Main Business and Markets Served
7.7.5 TEKTON Recent Developments/Updates
7.8 FACOM
7.8.1 FACOM Torque Wrench Corporation Information
7.8.2 FACOM Torque Wrench Product Portfolio
7.8.3 FACOM Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.8.4 FACOM Main Business and Markets Served
7.7.5 FACOM Recent Developments/Updates
7.9 SATA Tools
7.9.1 SATA Tools Torque Wrench Corporation Information
7.9.2 SATA Tools Torque Wrench Product Portfolio
7.9.3 SATA Tools Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.9.4 SATA Tools Main Business and Markets Served
7.9.5 SATA Tools Recent Developments/Updates
7.10 Armstrong
7.10.1 Armstrong Torque Wrench Corporation Information
7.10.2 Armstrong Torque Wrench Product Portfolio
7.10.3 Armstrong Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.10.4 Armstrong Main Business and Markets Served
7.10.5 Armstrong Recent Developments/Updates
7.11 Precision Instruments
7.11.1 Precision Instruments Torque Wrench Corporation Information
7.11.2 Precision Instruments Torque Wrench Product Portfolio
7.11.3 Precision Instruments Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.11.4 Precision Instruments Main Business and Markets Served
7.11.5 Precision Instruments Recent Developments/Updates
7.12 Craftsman
7.12.1 Craftsman Torque Wrench Corporation Information
7.12.2 Craftsman Torque Wrench Product Portfolio
7.12.3 Craftsman Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.12.4 Craftsman Main Business and Markets Served
7.12.5 Craftsman Recent Developments/Updates
7.13 Powermaster
7.13.1 Powermaster Torque Wrench Corporation Information
7.13.2 Powermaster Torque Wrench Product Portfolio
7.13.3 Powermaster Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.13.4 Powermaster Main Business and Markets Served
7.13.5 Powermaster Recent Developments/Updates
7.14 Hytorc
7.14.1 Hytorc Torque Wrench Corporation Information
7.14.2 Hytorc Torque Wrench Product Portfolio
7.14.3 Hytorc Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.14.4 Hytorc Main Business and Markets Served
7.14.5 Hytorc Recent Developments/Updates
7.15 Plarad
7.15.1 Plarad Torque Wrench Corporation Information
7.15.2 Plarad Torque Wrench Product Portfolio
7.15.3 Plarad Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.15.4 Plarad Main Business and Markets Served
7.15.5 Plarad Recent Developments/Updates
7.16 Mountz
7.16.1 Mountz Torque Wrench Corporation Information
7.16.2 Mountz Torque Wrench Product Portfolio
7.16.3 Mountz Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.16.4 Mountz Main Business and Markets Served
7.16.5 Mountz Recent Developments/Updates
7.17 K-Tool
7.17.1 K-Tool Torque Wrench Corporation Information
7.17.2 K-Tool Torque Wrench Product Portfolio
7.17.3 K-Tool Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.17.4 K-Tool Main Business and Markets Served
7.17.5 K-Tool Recent Developments/Updates
7.18 Primo Tools
7.18.1 Primo Tools Torque Wrench Corporation Information
7.18.2 Primo Tools Torque Wrench Product Portfolio
7.18.3 Primo Tools Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.18.4 Primo Tools Main Business and Markets Served
7.18.5 Primo Tools Recent Developments/Updates
7.19 Park Tool
7.19.1 Park Tool Torque Wrench Corporation Information
7.19.2 Park Tool Torque Wrench Product Portfolio
7.19.3 Park Tool Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.19.4 Park Tool Main Business and Markets Served
7.19.5 Park Tool Recent Developments/Updates
7.20 Jinan Hanpu
7.20.1 Jinan Hanpu Torque Wrench Corporation Information
7.20.2 Jinan Hanpu Torque Wrench Product Portfolio
7.20.3 Jinan Hanpu Torque Wrench Production, Value, Price and Gross Margin (2019-2024)
7.20.4 Jinan Hanpu Main Business and Markets Served
7.20.5 Jinan Hanpu Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Torque Wrench Industry Chain Analysis
8.2 Torque Wrench Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Torque Wrench Production Mode & Process
8.4 Torque Wrench Sales and Marketing
8.4.1 Torque Wrench Sales Channels
8.4.2 Torque Wrench Distributors
8.5 Torque Wrench Customers
9 Torque Wrench Market Dynamics
9.1 Torque Wrench Industry Trends
9.2 Torque Wrench Market Drivers
9.3 Torque Wrench Market Challenges
9.4 Torque Wrench 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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