Torque wrench is a tool used to accurately apply an appropriate torque to a fastener such as a bolt or nut, to prevent excess or under-tightening. Torque tools is used where the tightness of bolts and screws is critical.
This report contains market size and forecasts of Torque Tools (Gun/Wrench) in global, including the following market information:
Global Torque Tools (Gun/Wrench) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Torque Tools (Gun/Wrench) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Torque Tools (Gun/Wrench) companies in 2021 (%)
The global Torque Tools (Gun/Wrench) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Manual Torque Wrenches Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Torque Tools (Gun/Wrench) include Facom, Proto, Stahlwille, Tohnichi, King Tony and Gedore, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Torque Tools (Gun/Wrench) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Torque Tools (Gun/Wrench) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torque Tools (Gun/Wrench) Market Segment Percentages, by Type, 2021 (%)
Manual Torque Wrenches
Pneumatic Torque Wrenches
Electronic Torque Wrenches
Hydraulic Torque Wrench
Global Torque Tools (Gun/Wrench) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torque Tools (Gun/Wrench) Market Segment Percentages, by Application, 2021 (%)
Aviation and Aerospace
Oil and Gas
Power Generation
Automotive
Heavy Duty Equipment and Engines
Global Torque Tools (Gun/Wrench) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torque Tools (Gun/Wrench) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Torque Tools (Gun/Wrench) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Torque Tools (Gun/Wrench) revenues share in global market, 2021 (%)
Key companies Torque Tools (Gun/Wrench) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Torque Tools (Gun/Wrench) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Facom
Proto
Stahlwille
Tohnichi
King Tony
Gedore