Automotive Torque Tools Market - Global Outlook and Forecast 2023-2028

Report ID: 1566502 | Published Date: Jan 2025 | No. of Page: 75 | Base Year: 2024 | Rating: 4.6 | Webstory: Check our Web story

The vehicle torque is the torque that the engine outputs from the crankshaft end. It is inversely proportional to the engine speed under the condition of fixed power. The faster the speed, the smaller the torque, and vice versa, reflecting the load capacity of the car within a certain range.
This report contains market size and forecasts of Automotive Torque Tools in global, including the following market information:
Global Automotive Torque Tools Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Automotive Torque Tools Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Automotive Torque Tools companies in 2021 (%)
The global Automotive Torque Tools market was valued at 779.9 million in 2021 and is projected to reach US$ 957 million by 2028, at a CAGR of 3.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Torque Screwdrivers Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Automotive Torque Tools include Norbar, Torcstar, Tone Co., Ltd, Atlas Copco AB, Tekton, Enerpac(Actuant) and Rad Torque Systems, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Automotive Torque Tools 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 Automotive Torque Tools Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Torque Tools Market Segment Percentages, by Type, 2021 (%)
Torque Screwdrivers
Torque Wrench
Torque Multiplier
Nutrunner
Global Automotive Torque Tools Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Torque Tools Market Segment Percentages, by Application, 2021 (%)
Commercial Vehicle
Private Vehicle
Global Automotive Torque Tools Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Automotive Torque Tools 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 Automotive Torque Tools revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Automotive Torque Tools revenues share in global market, 2021 (%)
Key companies Automotive Torque Tools sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Automotive Torque Tools sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Norbar
Torcstar
Tone Co., Ltd
Atlas Copco AB
Tekton
Enerpac(Actuant)
Rad Torque Systems

Frequently Asked Questions
Automotive Torque Tools Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Automotive Torque Tools Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Automotive Torque Tools Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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