Global Electronic Torque Wrench Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our Researcher latest study, the global Electronic Torque Wrench market size was valued at USD 42 million in 2023 and is forecast to a readjusted size of USD 57 million by 2030 with a CAGR of 4.6% during review period.
Electronic Torque Wrench refers to hand-held fastening tools with torque capacity.
Growing product innovation is one of the key factors driving the expansion of the global market. Manufacturers have integrated numerous innovations in the market by modifying the materials used and improving their reliability and efficiency. Innovative products make a significant difference in the product offerings of market vendors.
The Global Info Research report includes an overview of the development of the Electronic Torque Wrench industry chain, the market status of Automotive (<2000 RPM Torque Capacity, 2100 RPM Torque Capacity), Aerospace (<2000 RPM Torque Capacity, 2100 RPM Torque Capacity), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Electronic Torque Wrench.
Regionally, the report analyzes the Electronic Torque Wrench markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Electronic Torque Wrench market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Electronic Torque Wrench market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Electronic Torque Wrench industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., <2000 RPM Torque Capacity, 2100 RPM Torque Capacity).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Electronic Torque Wrench market.
Regional Analysis: The report involves examining the Electronic Torque Wrench market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Electronic Torque Wrench market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Electronic Torque Wrench:
Company Analysis: Report covers individual Electronic Torque Wrench manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Electronic Torque Wrench This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Automotive, Aerospace).
Technology Analysis: Report covers specific technologies relevant to Electronic Torque Wrench. It assesses the current state, advancements, and potential future developments in Electronic Torque Wrench areas.

Competitive Landscape

: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Electronic Torque Wrench market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Electronic Torque Wrench market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
<2000 RPM Torque Capacity
2100 RPM Torque Capacity
2200 RPM Torque Capacity
>2200 RPM Torque Capacity
Market segment by Application
Automotive
Aerospace
Appliances, Electronics & Industrial Assembly
Agriculture & Off-Road Machinery
Others

Major players

covered
Atlas Copco AB
Bosch
STANLEY
Apex Tool Group, LLC
Ingersoll Rand plc
Hilti Corporation
Makita Corporation
Techtronic Industries Company Limited (Japan)
Uryu Seisaku, Ltd.
Gedore-Werkzeugfabrik GmbH & Co. KG
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Electronic Torque Wrench product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Electronic Torque Wrench, with price, sales, revenue and global market share of Electronic Torque Wrench from 2019 to 2024.
Chapter 3, the Electronic Torque Wrench competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Electronic Torque Wrench breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Electronic Torque Wrench market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Electronic Torque Wrench.
Chapter 14 and 15, to describe Electronic Torque Wrench sales channel, distributors, customers, research findings and conclusion.

Frequently Asked Questions