Global Torque Wrenches Market Insights and Forecast to 2026

A torque wrench is a fastening or bolting tool used to apply an appropriate amount of torque or limit the amount of torque that is applied on the fastener, to prevent excess or under-tightening.
The latest trend gaining momentum in the market is product innovations. Over the years, the global torque wrenches market has witnessed several innovations in the design of torque wrenches and the material used for manufacturing them, making them more reliable and efficient in fastening applications. These innovations allow greater differentiation between product offerings from different vendors, leading to the growth of the market.

Market Analysis and Insights: Global Torque Wrenches Market
The global Torque Wrenches market size is projected to reach US$ 6762.5 million by 2026, from US$ 6469.1 million in 2020, at a CAGR of 4.2%% during 2021-2026.

Global Torque Wrenches Scope and Segment
Torque Wrenches market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Torque Wrenches market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

Segment by Type, the Torque Wrenches market is segmented into
Hydraulic
Pneumatic
Manual
Electric

Segment by Application, the Torque Wrenches market is segmented into
Commercial
Household

Regional and Country-level Analysis
The Torque Wrenches market is analysed and market size information is provided by regions (countries).
The key regions covered in the Torque Wrenches market report are North America, Europe, China and Japan. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Competitive Landscape

and Torque Wrenches Market Share Analysis

Torque Wrenches market competitive landscape provides details and data information by manufacturers. The report offers comprehensive analysis and accurate statistics on production capacity, price, revenue of Torque Wrenches by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on production, revenue (global and regional level) by players for the period 2015-2020. Details included are company description, major business, company total revenue, and the production capacity, price, revenue generated in Torque Wrenches business, the date to enter into the Torque Wrenches market, Torque Wrenches product introduction, recent developments, etc.
The major vendors covered:
Armstrong Tools
Atlas Copco Industrial Technique
Beta Utensili
Crane Electronics
ENERPAC
GearWrench
GEDORE Tool Center
GRIPHOLD ENGINEERING
HTL (Hire Torque Ltd)
HYTORC
Ingersoll Rand-
Mountz
RAD Torque Systems
SAM OUTILLAGE

Frequently Asked Questions