Global Torque Measuring Instruments Supply, Demand and Key Producers, 2023-2029

Global Torque Measuring Instruments Supply, Demand and Key Producers, 2023-2029

The global Torque Measuring Instruments market size is expected to reach $ 192.3 million by 2029, rising at a market growth of 4.8% CAGR during the forecast period (2023-2029).

Global key players of Torque Measuring Instruments include Snap-on, TOHNICHI, Nidec, HIOS and Nakamura (KANON), etc. The top five players hold a share over 40%. Asia-Pacific is the largest market, has a share about 40%. In terms of product type, Desktop Type is the largest segment, occupied for a share of about 78%, and in terms of application, Automotive has a share about 35 percent.

Torque is the torsional moment (turning or twisting force) that acts on an object when it rotates, and the device that measures torque is Torque Tester. Torque testers can be used to measure opening and closing force, turning force, and sliding resistance, and indicate them in the unit of N-m, N-cm, kgf-m, kgf-cm, lbf-in, or ozf-in.

Torque measurement is popular, from the torsional strength of circuit boards, the tightening force of screws, the opening force of PET bottles and jars, and the operating force of rotary switches and keys, as a few examples.

Also commonly used to evaluate the safety and the operability of such parts and products, conform to industry standards. It is one of the most important measuring instruments supporting quality control and research and development.

This report studies the global Torque Measuring Instruments production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Torque Measuring Instruments, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Torque Measuring Instruments that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Torque Measuring Instruments total production and demand, 2018-2029, (Units)

Global Torque Measuring Instruments total production value, 2018-2029, (USD Million)

Global Torque Measuring Instruments production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Torque Measuring Instruments consumption by region & country, CAGR, 2018-2029 & (Units)

U.S. VS China: Torque Measuring Instruments domestic production, consumption, key domestic manufacturers and share

Global Torque Measuring Instruments production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Units)

Global Torque Measuring Instruments production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Units)

Global Torque Measuring Instruments production by Application production, value, CAGR, 2018-2029, (USD Million) & (Units).

This reports profiles key players in the global Torque Measuring Instruments market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Snap-on, TOHNICHI, Nidec, HIOS, Nakamura (KANON), Norbar (Snap-on), Mountz, Sugisaki Meter (CEDAR) and YOKOTA INDUSTRIAL, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Torque Measuring Instruments market.

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global Torque Measuring Instruments Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Torque Measuring Instruments Market, Segmentation by Type
Desktop Type
Handheld/Portable Type

Global Torque Measuring Instruments Market, Segmentation by Application
Automotive
Aerospace
Engineering & Construction
Manufacturing and Assembly
Others

Companies Profiled:
Snap-on
TOHNICHI
Nidec
HIOS
Nakamura (KANON)
Norbar (Snap-on)
Mountz
Sugisaki Meter (CEDAR)
YOKOTA INDUSTRIAL
CDI (Snap-on)
Mark-10 Corporation
SecurePak (Glassline)
Kilews
Shanghai Shigan
Crane Electronics
AT2E
Mecmesin (PPT Group)
Sturtevant Richmont (Snap-on)
Proto (Stanley Black & Decker)
IMADA
Wenzhou Sundoo Instruments
Yinuo Electronics
Kern & Sohn (Sauter)
PCE Instruments
Mikrometry Instrument

Key Questions Answered

1. How big is the global Torque Measuring Instruments market?

2. What is the demand of the global Torque Measuring Instruments market?

3. What is the year over year growth of the global Torque Measuring Instruments market?

4. What is the production and production value of the global Torque Measuring Instruments market?

5. Who are the key producers in the global Torque Measuring Instruments market?