Global Torque Tester Market Report 2024

Torque Tester Global Market Report 2024 – By Type (Digital Torque Testers, Manual Torque Testers), By Product Type (Torque Gauges, Torque Testers, Torque Calibrators, Torque Meter, Screwdrivers Torque Testers), By Function Type (Electric, Hydraulic, Mechanical, Pneumatic), By Modularity (Handheld, Portable, Bench Top), By Industry (Electrical, Automobile, Machinery Manufacturing, Other Industries) – Market Size, Trends, And Global Forecast 2024-2033

Torque Tester Global Market Report 2024

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Torque Tester Market Definition

A torque tester is a quality control device for testing or calibrating the torque-controlled tools for measuring torque and converting it into an electrical output signal. It is used to calibrate the torque tools to assure the accuracy and dependability of the devices. It is necessary to keep torque levels constant and avoid under or overtightening fasteners.

The main types of torque testers are digital torque testers and manual torque testers. Digital torque testers refer to transducers that measure torque and output electrical signals. The product types are torque gauges, torque testers, torque calibrators, torque meters, and screwdrivers torque testers with various functions such as electric, hydraulic, mechanical, and pneumatic. The various modularity’s are handheld, portable, and benchtop used in electrical, automobile, machinery manufacturing, and others.

Torque Tester Market Segmentation

The torque tester market covered in this report is segmented –

1) By Type: Digital Torque Testers, Manual Torque Testers

2) By Product Type: Torque Gauges, Torque Testers, Torque Calibrators, Torque Meter, Screwdrivers Torque Testers

3) By Function Type: Electric, Hydraulic, Mechanical, Pneumatic

4) By Modularity: Handheld, Portable, Bench Top

5) By Industry: Electrical, Automobile, Machinery Manufacturing, Other Industries

Global Torque Tester Market Size 2023 to 2028: Graph

Torque Tester Market Size 2024 And Growth Rate

The torque tester market size has grown strongly in recent years. It will grow from $7.93 billion in 2023 to $8.61 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to automotive industry demand, quality control and assurance, regulatory compliance, expansion of manufacturing sector, increasing automation in industries.

Torque Tester Market Growth Forecast

The torque tester market size is expected to see strong growth in the next few years. It will grow to $11.53 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rise in electric vehicle manufacturing, globalization of supply chains, miniaturization in electronics, focus on sustainability, increased adoption in aerospace and defense. Major trends in the forecast period include advancements in calibration technologies, industry 4.0 integration, technological advancements, focus on ergonomics and user-friendly design, advancements in wireless torque testing:.

Torque Tester Market Driver: Energy Generation-Driven Growth In The Torque Tester Market

The increasing demand for energy generation is expected to boost the growth of the torque tester market going forward. Energy generation refers to electricity generation by converting other forms of energy into electrical energy produced in electricity-only plants and combined heat and power plants. Torque testers are used in energy generation to ensure that the bolts and nuts that hold together critical components are tightened to the correct torque. For instance, in June 2023, according to the Energy Information Administration, a US-based statistical agency of energy, in the US the net generation of electricity from utility-scale generators was about 4,243 billion kilowatt hours (kWh) in 2022 and 60% of utility-scale electricity generation was from fossil fuels. Further, in August 2023, according to Exxon Mobil Corporation, a US-based oil and gas company, the global energy demand is expected to reach 660 quadrillion Btu in 2050 increasing by 15% from 2021. Therefore, the increasing demand for energy generation is driving the growth of the torque tester market.

Torque Tester Market Driver: The Increasing Automotive Demand Thrives The Market

The increasing demand from the automotive industry is expected to propel the growth of the torque tester market going forward. The automotive industry is a vast sector comprised of several firms and organizations engaged in creating, advancing, producing, advertising, selling, maintaining, and customizing motor vehicles. Many automobile makers utilize in-vehicle torque detectors to map engine torque and calibrate automatic transmissions. For instance, in September 2022, according to the International Trade Administration, a US-based agency under the United States Department of Commerce that promotes nonagricultural US services and goods exports, in Australia's local market, 1,049,831 SUVs, new passenger cars, and commercial vehicles were purchased in 2021, an increase from 916,968 in 2020. Therefore, the increasing demand from the automotive industry is driving the torque tester market.

Global Torque Tester Market Major Players

Major companies operating in the torque tester market report are Crane Electronics Group Limited, Shimpo International, Kistler Group, Transcat Inc., Bahco Group AB, Burke E. Porter Machinery Company, Tecnogi S.p.A., Sakor Technologies Inc., Warren & Brown Tools, FUTEK Advanced Sensor Technology Inc., Gedore-Torque Ltd., Mountz Inc., PCE Instruments UK Limited, Yokota Industrial Co. Ltd., Imada Inc., Labthink International Inc., Norbar Torque Tools Ltd., Mecmesin Limited, Alluris GmbH & Co. KG, Mark-10 Corporation, Access SecurePak, Sturtevant Richmont, SA Meier Co of Milwaukee Inc., Van F. BELKNAP Co. Inc., Wenzhou Sundoo Instruments Co. Ltd.

Global Torque Tester Market Restraint: Navigating Future Challenges In The Torque Tester Market

The limited availability of raw materials is expected to challenge the growth of the torque tester market in the future. Limited availability of raw materials can lead to increased costs, reduced production, and price fluctuations. Companies in the market need to be aware of these potential limitations and work to mitigate their impact. For instance, in 2021, the global manufacturing industry faced various challenges related to the COVID-19 pandemic, highlighting supply chain vulnerability and the limited availability of critical raw materials. This cascaded effect on industries reliant on precision instruments like torque testers Therefore, the limited availability of raw materials challenges the growth of the torque tester market.

Global Torque Tester Market Trend: Innovative Advancements In Torque Testing To Drive The Revenues

Major companies operating in the torque tester market are focusing on developing innovative products, such as preset torque screwdrivers, to provide reliable services to customers. A preset torque screwdriver is a type of torque screwdriver with a preset torque value to apply the correct amount of torque to a fastener. For instance, in April 2022, Sturtevant Richmont, a US-based manufacturer of torque tools and testers, launched BP-Series Torque Drivers. It is uniquely designed with anti-backlash technology to alleviate the negative torque going to the fastener and extremely smooth rotation that requires only 18 degrees of turn to reach the target torque. It has bi-directional versatility and a comfortable grip that is ergonomically friendly, giving a more significant purchase in turning the driver to get target torque. The clutch releases automatically when the grip rotates to prevent over-torquing the fastener.

Torque Tester Market Merger And Acquisition: Battery Ventures L.P's Acquisition Of Alluris Gmbh & Co. Kg In The Testing Solutions Industry

In January 2021, Battery Ventures L.P, a UK-based technology-focused investment company, acquired Alluris GmbH & Co. KG for an undisclosed amount. The acquisition with combined resources is expected to expand and strengthen new product development and provide testing solutions across industries. Alluris GmbH & Co. KG is a Germany-based developer and manufacturer of force and torque testers.

Regional Outlook For The Global Torque Tester Market

North America was the largest region in the torque tester market in 2023. The regions covered in the torque tester market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

The countries covered in the torque tester market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The torque tester market consists of revenues earned by entities by providing services such as calibration, repair and maintenance, verification, and measuring the output. The market value includes the value of related goods sold by the service provider or included within the service offering. The torque tester market consists of sales of motorized torque testers, computer-controlled torque test systems, torque sensors, and transducers. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The torque testers market research report is one of a series of new reports from The Business Research Company that provides torque testers market statistics, including torque testers industry global market size, regional shares, competitors with a torque testers market share, detailed torque testers market segments, market trends and opportunities, and any further data you may need to thrive in the torque testers industry. This torque testers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Torque Tester Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $8.61 billion
Revenue Forecast In 2033 $11.53 billion
Growth Rate CAGR of 7.6% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Type: Digital Torque Testers, Manual Torque Testers
2) By Product Type: Torque Gauges, Torque Testers, Torque Calibrators, Torque Meter, Screwdrivers Torque Testers
3) By Function Type: Electric, Hydraulic, Mechanical, Pneumatic
4) By Modularity: Handheld, Portable, Bench Top
5) By Industry: Electrical, Automobile, Machinery Manufacturing, Other Industries
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
Key Companies Profiled Crane Electronics Group Limited; Shimpo International; Kistler Group; Transcat Inc.; Bahco Group AB; Burke E. Porter Machinery Company; Tecnogi S.p.A.; Sakor Technologies Inc.; Warren & Brown Tools; FUTEK Advanced Sensor Technology Inc.; Gedore-Torque Ltd.; Mountz Inc.; PCE Instruments UK Limited; Yokota Industrial Co. Ltd.; Imada Inc.; Labthink International Inc.; Norbar Torque Tools Ltd.; Mecmesin Limited; Alluris GmbH & Co. KG; Mark-10 Corporation; Access SecurePak; Sturtevant Richmont; SA Meier Co of Milwaukee Inc.; Van F. BELKNAP Co. Inc.; Wenzhou Sundoo Instruments Co. Ltd.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Torque Tester Market Characteristics

    3. Torque Tester Market Trends And Strategies

    4. Torque Tester Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Torque Tester Market Size and Growth

    5.1. Global Torque Tester Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Torque Tester Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Torque Tester Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Torque Tester Market Segmentation

    6.1. Global Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Digital Torque Testers

    Manual Torque Testers

    6.2. Global Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Torque Gauges

    Torque Testers

    Torque Calibrators

    Torque Meter

    Screwdrivers Torque Testers

    6.3. Global Torque Tester Market, Segmentation By Function Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Electric

    Hydraulic

    Mechanical

    Pneumatic

    6.4. Global Torque Tester Market, Segmentation By Modularity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Handheld

    Portable

    Bench Top

    6.5. Global Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Electrical

    Automobile

    Machinery Manufacturing

    Other Industries

    7. Torque Tester Market Regional And Country Analysis

    7.1. Global Torque Tester Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Torque Tester Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Torque Tester Market

    8.1. Asia-Pacific Torque Tester Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Torque Tester Market

    9.1. China Torque Tester Market Overview

    9.2. China Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Torque Tester Market

    10.1. India Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Torque Tester Market

    11.1. Japan Torque Tester Market Overview

    11.2. Japan Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Torque Tester Market

    12.1. Australia Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Torque Tester Market

    13.1. Indonesia Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Torque Tester Market

    14.1. South Korea Torque Tester Market Overview

    14.2. South Korea Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Torque Tester Market

    15.1. Western Europe Torque Tester Market Overview

    15.2. Western Europe Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Torque Tester Market

    16.1. UK Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Torque Tester Market

    17.1. Germany Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Torque Tester Market

    18.5. France Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.6. France Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.7. France Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Torque Tester Market

    19.9. Italy Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.10. Italy Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.11. Italy Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Torque Tester Market

    20.13. Spain Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.14. Spain Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.15. Spain Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Torque Tester Market

    21.1. Eastern Europe Torque Tester Market Overview

    21.2. Eastern Europe Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Torque Tester Market

    22.1. Russia Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Torque Tester Market

    23.1. North America Torque Tester Market Overview

    23.2. North America Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Torque Tester Market

    24.1. USA Torque Tester Market Overview

    24.2. USA Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Torque Tester Market

    25.1. Canada Torque Tester Market Overview

    25.2. Canada Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Torque Tester Market

    26.1. South America Torque Tester Market Overview

    26.2. South America Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Torque Tester Market

    27.1. Brazil Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Torque Tester Market

    28.1. Middle East Torque Tester Market Overview

    28.2. Middle East Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Torque Tester Market

    29.1. Africa Torque Tester Market Overview

    29.2. Africa Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Torque Tester Market Competitive Landscape And Company Profiles

    30.1. Torque Tester Market Competitive Landscape

    30.2. Torque Tester Market Company Profiles

    30.2.1. Crane Electronics Group Limited

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Shimpo International

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Kistler Group

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. Transcat Inc.

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Bahco Group AB

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Torque Tester Market Other Major And Innovative Companies

    31.1. Burke E. Porter Machinery Company

    31.2. Tecnogi S.p.A.

    31.3. Sakor Technologies Inc.

    31.4. Warren & Brown Tools

    31.5. FUTEK Advanced Sensor Technology Inc.

    31.6. Gedore-Torque Ltd.

    31.7. Mountz Inc.

    31.8. PCE Instruments UK Limited

    31.9. Yokota Industrial Co. Ltd.

    31.10. Imada Inc.

    31.11. Labthink International Inc.

    31.12. Norbar Torque Tools Ltd.

    31.13. Mecmesin Limited

    31.14. Alluris GmbH & Co. KG

    31.15. Mark-10 Corporation

    32. Global Torque Tester Market Competitive Benchmarking

    33. Global Torque Tester Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Torque Tester Market

    35. Torque Tester Market Future Outlook and Potential Analysis

    35.1 Torque Tester Market In 2028 - Countries Offering Most New Opportunities

    35.2 Torque Tester Market In 2028 - Segments Offering Most New Opportunities

    35.3 Torque Tester Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Torque Tester Market, Segmentation By Function Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Torque Tester Market, Segmentation By Modularity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Torque Tester Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Global Torque Tester Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: Asia-Pacific, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: China, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: India, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Japan, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Australia, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: Indonesia, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: South Korea, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: Western Europe, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: UK, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: Germany, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: France, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Italy, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Spain, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Eastern Europe, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: Russia, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: North America, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: USA, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: Canada, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: South America, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Brazil, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Middle East, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: Africa, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 76: Crane Electronics Group Limited Financial Performance
  • Table 77: Shimpo International Financial Performance
  • Table 78: Kistler Group Financial Performance
  • Table 79: Transcat Inc. Financial Performance
  • Table 80: Bahco Group AB Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Torque Tester Market, Segmentation By Function Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Torque Tester Market, Segmentation By Modularity, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Torque Tester Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Global Torque Tester Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: Asia-Pacific, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: China, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: India, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Japan, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Australia, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: Indonesia, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: South Korea, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: Western Europe, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: UK, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: Germany, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: France, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Italy, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Spain, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Eastern Europe, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: Russia, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: North America, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: USA, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: Canada, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: South America, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Brazil, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Middle East, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Torque Tester Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Torque Tester Market, Segmentation By Product Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: Africa, Torque Tester Market, Segmentation By Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 76: Crane Electronics Group Limited Financial Performance
  • Figure 77: Shimpo International Financial Performance
  • Figure 78: Kistler Group Financial Performance
  • Figure 79: Transcat Inc. Financial Performance
  • Figure 80: Bahco Group AB Financial Performance
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Frequently Asked Questions

What is the definition of the torque tester market?

A torque tester is a quality control device for testing or calibrating the torque-controlled tools for measuring torque and converting it into an electrical output signal. It is used to calibrate the torque tools to assure the accuracy and dependability of the devices. It is necessary to keep torque levels constant and avoid under or overtightening fasteners. For further insights on the torque tester market, request a sample here

How will the torque tester market drivers and restraints affect the torque tester market dynamics? What forces will shape the torque tester industry going forward?

The torque tester market major growth driver - energy generation-driven growth in the torque tester market. For further insights on the torque tester market, request a sample here

What is the forecast market size or the forecast market value of the torque tester market?

The torque tester market size has grown strongly in recent years. It will grow from $7.93 billion in 2023 to $8.61 billion in 2024 at a compound annual growth rate (CAGR) of 8.6%. The growth in the historic period can be attributed to automotive industry demand, quality control and assurance, regulatory compliance, expansion of manufacturing sector, increasing automation in industries. The torque tester market size is expected to see strong growth in the next few years. It will grow to $11.53 billion in 2028 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rise in electric vehicle manufacturing, globalization of supply chains, miniaturization in electronics, focus on sustainability, increased adoption in aerospace and defense. Major trends in the forecast period include advancements in calibration technologies, industry 4.0 integration, technological advancements, focus on ergonomics and user-friendly design, advancements in wireless torque testing:. For further insights on the torque tester market, request a sample here

How is the torque tester market segmented?

The torque tester market is segmented
1) By Type: Digital Torque Testers, Manual Torque Testers
2) By Product Type: Torque Gauges, Torque Testers, Torque Calibrators, Torque Meter, Screwdrivers Torque Testers
3) By Function Type: Electric, Hydraulic, Mechanical, Pneumatic
4) By Modularity: Handheld, Portable, Bench Top
5) By Industry: Electrical, Automobile, Machinery Manufacturing, Other IndustriesFor further insights on the torque tester market,
request a sample here

Which region has the largest share of the torque tester market? What are the other regions covered in the report?

North America was the largest region in the torque tester market in 2023. The regions covered in the torque tester market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa For further insights on the torque tester market, request a sample here.

Who are the major players in the torque tester market?

Major companies operating in the torque tester market report are Crane Electronics Group Limited, Shimpo International, Kistler Group, Transcat Inc., Bahco Group AB, Burke E. Porter Machinery Company, Tecnogi S.p.A., Sakor Technologies Inc., Warren & Brown Tools, FUTEK Advanced Sensor Technology Inc., Gedore-Torque Ltd., Mountz Inc., PCE Instruments UK Limited, Yokota Industrial Co. Ltd., Imada Inc., Labthink International Inc., Norbar Torque Tools Ltd., Mecmesin Limited, Alluris GmbH & Co. KG, Mark-10 Corporation, Access SecurePak, Sturtevant Richmont, SA Meier Co of Milwaukee Inc., Van F. BELKNAP Co. Inc., Wenzhou Sundoo Instruments Co. Ltd. For further insights on the torque tester market, request a sample here.

What are the key trends in the torque tester market?

Major trend in the torque tester market - Innovative Advancements In Torque Testing To Drive The Revenues. For further insights on the torque tester market, request a sample here.

What are the major opportunities in the torque tester market? What are the strategies for the torque tester market?

For detailed insights on the major opportunities and strategies in the torque tester market, request a sample here.

How does the torque tester market relate to the overall economy and other similar markets?

For detailed insights on torque tester market's relation to the overall economy and other similar markets, request a sample here.

What are the latest mergers and acquisitions in the torque tester industry?

For detailed insights on the mergers and acquisitions in the torque tester industry, request a sample here.

What are the key dynamics influencing the torque tester market growth? SWOT analysis of the torque tester market.

For detailed insights on the key dynamics influencing the torque tester market growth and SWOT analysis of the torque tester industry, request a sample here.