Global Force Gauge and Torque Meters Market Growth 2023-2029

Global Force Gauge and Torque Meters Market Growth 2023-2029

A force gauge (also force gage) is a small measuring instrument used across all industries to measure the force during a push or pull test. Applications exist in research and development, laboratory, quality, production and field environment. There are two kinds of force gauges today: mechanical and digital force gauges.

Torque Meters are devices designed to determine the torque or torsion in a shaft, usually by measuring the twist in a calibrated length of shafting.

LPI (LP Information)' newest research report, the “Force Gauge and Torque Meters Industry Forecast” looks at past sales and reviews total world Force Gauge and Torque Meters sales in 2022, providing a comprehensive analysis by region and market sector of projected Force Gauge and Torque Meters sales for 2023 through 2029. With Force Gauge and Torque Meters sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Force Gauge and Torque Meters industry.

This Insight Report provides a comprehensive analysis of the global Force Gauge and Torque Meters landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Force Gauge and Torque Meters portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Force Gauge and Torque Meters market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Force Gauge and Torque Meters and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Force Gauge and Torque Meters.

The global Force Gauge and Torque Meters market size is projected to grow from US$ 67 million in 2022 to US$ 94 million in 2029; it is expected to grow at a CAGR of 94 from 2023 to 2029.

Global Force Gauge and Torque Meters key players include Ametek, Shimpo, Sauter, Mecmesin, etc. Global top four manufacturers hold a share nearly 45%.

Asia is the largest market, with a share about 30%, followed by Europe, and North America, both have a share about 45 percent.

In terms of product, Force Gauge is the largest segment, with a share over 65%. And in terms of application, the largest application is Automobile Manufacturing Industrial, followed by Electrical Industrial, Packaging Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Force Gauge and Torque Meters market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

Force Gauge

Torque Meters

Segmentation by application

Electrical Industrial

Automobile Manufacturing Industry

Packaging Industrial

Others

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Ametek

Shimpo

Sauter

Mecmesin

Extech

Imada

Mark-10

Dillon

Norbar

PCE Instruments

Mountz

Shigan

Sundoo

Alluris

Key Questions Addressed in this Report

What is the 10-year outlook for the global Force Gauge and Torque Meters market?

What factors are driving Force Gauge and Torque Meters market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Force Gauge and Torque Meters market opportunities vary by end market size?

How does Force Gauge and Torque Meters break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.