The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Global Automotive Torque Wrench Market Research Report 2025
Synopsis
A torque wrench is a tool used to precisely apply a specific torque to a fastener such as a nut or bolt. It is usually in the form of a socket wrench with special internal mechanisms.
Global Automotive Torque Wrench market is projected to reach US$ 646.3 million in 2029, increasing from US$ 375 million in 2022, with the CAGR of 8.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Automotive Torque Wrench market research.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear K Units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Automotive Torque Wrench market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Snap-on (CDI)
Norbar
Proto
TONE
Tohnichi
Enerpac
TEKTON
FACOM
SATA Tools
Armstrong
Precision Instruments
Craftsman
Powermaster
Hytorc
Plarad
Mountz
K-Tool
Primo Tools
Park Tool
Jinan Hanpu
Segment by Type
Manual Torque Wrench
Pneumatic Torque Wrench
Electronic Torque Wrenches
Segment by Application
OEM
Aftermarket
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Automotive Torque Wrench report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
A torque wrench is a tool used to precisely apply a specific torque to a fastener such as a nut or bolt. It is usually in the form of a socket wrench with special internal mechanisms.
Global Automotive Torque Wrench market is projected to reach US$ 646.3 million in 2029, increasing from US$ 375 million in 2022, with the CAGR of 8.1% during the period of 2023 to 2029. Influencing issues, such as economy environments, COVID-19 and Russia-Ukraine War, have led to great market fluctuations in the past few years and are considered comprehensively in the whole Automotive Torque Wrench market research.
Automotive is a key driver of this industry. According to data from the World Automobile Organization (OICA), global automobile production and sales in 2017 reached their peak in the past 10 years, at 97.3 million and 95.89 million respectively. In 2018, the global economic expansion ended, and the global auto market declined as a whole. In 2022, there will wear K Units 81.6 million vehicles in the world. At present, more than 90% of the world's automobiles are concentrated in the three continents of Asia, Europe and North America, of which Asia automobile production accounts for 56% of the world, Europe accounts for 20%, and North America accounts for 16%. The world major automobile producing countries include China, the United States, Japan, South Korea, Germany, India, Mexico, and other countries; among them, China is the largest automobile producing country in the world, accounting for about 32%. Japan is the world's largest car exporter, exporting more than 3.5 million vehicles in 2022.
Report Scope
This report, based on historical analysis (2018-2022) and forecast calculation (2023-2029), aims to help readers to get a comprehensive understanding of global Automotive Torque Wrench market with multiple angles, which provides sufficient supports to readers’ strategy and decision making.
By Company
Snap-on (CDI)
Norbar
Proto
TONE
Tohnichi
Enerpac
TEKTON
FACOM
SATA Tools
Armstrong
Precision Instruments
Craftsman
Powermaster
Hytorc
Plarad
Mountz
K-Tool
Primo Tools
Park Tool
Jinan Hanpu
Segment by Type
Manual Torque Wrench
Pneumatic Torque Wrench
Electronic Torque Wrenches
Segment by Application
OEM
Aftermarket
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Southeast Asia
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
The Automotive Torque Wrench report covers below items:
Chapter 1: Product Basic Information (Definition, Type and Application)
Chapter 2: Manufacturers’ Competition Patterns
Chapter 3: Production Region Distribution and Analysis
Chapter 4: Country Level Sales Analysis
Chapter 5: Product Type Analysis
Chapter 6: Product Application Analysis
Chapter 7: Manufacturers’ Outline
Chapter 8: Industry Chain, Market Channel and Customer Analysis
Chapter 9: Market Opportunities and Challenges
Chapter 10: Market Conclusions
Chapter 11: Research Methodology and Data Source
Index1 Automotive Torque Wrench Market Overview
1.1 Product Definition
1.2 Automotive Torque Wrench Segment by Type
1.2.1 Global Automotive Torque Wrench Market Value Growth Rate Analysis by Type 2022 VS 2029
1.2.2 Manual Torque Wrench
1.2.3 Pneumatic Torque Wrench
1.2.4 Electronic Torque Wrenches
1.3 Automotive Torque Wrench Segment by Application
1.3.1 Global Automotive Torque Wrench Market Value Growth Rate Analysis by Application: 2022 VS 2029
1.3.2 OEM
1.3.3 Aftermarket
1.4 Global Market Growth Prospects
1.4.1 Global Automotive Torque Wrench Production Value Estimates and Forecasts (2018-2029)
1.4.2 Global Automotive Torque Wrench Production Capacity Estimates and Forecasts (2018-2029)
1.4.3 Global Automotive Torque Wrench Production Estimates and Forecasts (2018-2029)
1.4.4 Global Automotive Torque Wrench Market Average Price Estimates and Forecasts (2018-2029)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Automotive Torque Wrench Production Market Share by Manufacturers (2018-2023)
2.2 Global Automotive Torque Wrench Production Value Market Share by Manufacturers (2018-2023)
2.3 Global Key Players of Automotive Torque Wrench, Industry Ranking, 2021 VS 2022 VS 2023
2.4 Global Automotive Torque Wrench Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.5 Global Automotive Torque Wrench Average Price by Manufacturers (2018-2023)
2.6 Global Key Manufacturers of Automotive Torque Wrench, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Automotive Torque Wrench, Product Offered and Application
2.8 Global Key Manufacturers of Automotive Torque Wrench, Date of Enter into This Industry
2.9 Automotive Torque Wrench Market Competitive Situation and Trends
2.9.1 Automotive Torque Wrench Market Concentration Rate
2.9.2 Global 5 and 10 Largest Automotive Torque Wrench Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Automotive Torque Wrench Production by Region
3.1 Global Automotive Torque Wrench Production Value Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.2 Global Automotive Torque Wrench Production Value by Region (2018-2029)
3.2.1 Global Automotive Torque Wrench Production Value Market Share by Region (2018-2023)
3.2.2 Global Forecasted Production Value of Automotive Torque Wrench by Region (2024-2029)
3.3 Global Automotive Torque Wrench Production Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
3.4 Global Automotive Torque Wrench Production by Region (2018-2029)
3.4.1 Global Automotive Torque Wrench Production Market Share by Region (2018-2023)
3.4.2 Global Forecasted Production of Automotive Torque Wrench by Region (2024-2029)
3.5 Global Automotive Torque Wrench Market Price Analysis by Region (2018-2023)
3.6 Global Automotive Torque Wrench Production and Value, Year-over-Year Growth
3.6.1 North America Automotive Torque Wrench Production Value Estimates and Forecasts (2018-2029)
3.6.2 Europe Automotive Torque Wrench Production Value Estimates and Forecasts (2018-2029)
3.6.3 China Automotive Torque Wrench Production Value Estimates and Forecasts (2018-2029)
3.6.4 Japan Automotive Torque Wrench Production Value Estimates and Forecasts (2018-2029)
4 Automotive Torque Wrench Consumption by Region
4.1 Global Automotive Torque Wrench Consumption Estimates and Forecasts by Region: 2018 VS 2022 VS 2029
4.2 Global Automotive Torque Wrench Consumption by Region (2018-2029)
4.2.1 Global Automotive Torque Wrench Consumption by Region (2018-2023)
4.2.2 Global Automotive Torque Wrench Forecasted Consumption by Region (2024-2029)
4.3 North America
4.3.1 North America Automotive Torque Wrench Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.3.2 North America Automotive Torque Wrench Consumption by Country (2018-2029)
4.3.3 United States
4.3.4 Canada
4.4 Europe
4.4.1 Europe Automotive Torque Wrench Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.4.2 Europe Automotive Torque Wrench Consumption by Country (2018-2029)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Automotive Torque Wrench Consumption Growth Rate by Region: 2018 VS 2022 VS 2029
4.5.2 Asia Pacific Automotive Torque Wrench Consumption by Region (2018-2029)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Automotive Torque Wrench Consumption Growth Rate by Country: 2018 VS 2022 VS 2029
4.6.2 Latin America, Middle East & Africa Automotive Torque Wrench Consumption by Country (2018-2029)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
5 Segment by Type
5.1 Global Automotive Torque Wrench Production by Type (2018-2029)
5.1.1 Global Automotive Torque Wrench Production by Type (2018-2023)
5.1.2 Global Automotive Torque Wrench Production by Type (2024-2029)
5.1.3 Global Automotive Torque Wrench Production Market Share by Type (2018-2029)
5.2 Global Automotive Torque Wrench Production Value by Type (2018-2029)
5.2.1 Global Automotive Torque Wrench Production Value by Type (2018-2023)
5.2.2 Global Automotive Torque Wrench Production Value by Type (2024-2029)
5.2.3 Global Automotive Torque Wrench Production Value Market Share by Type (2018-2029)
5.3 Global Automotive Torque Wrench Price by Type (2018-2029)
6 Segment by Application
6.1 Global Automotive Torque Wrench Production by Application (2018-2029)
6.1.1 Global Automotive Torque Wrench Production by Application (2018-2023)
6.1.2 Global Automotive Torque Wrench Production by Application (2024-2029)
6.1.3 Global Automotive Torque Wrench Production Market Share by Application (2018-2029)
6.2 Global Automotive Torque Wrench Production Value by Application (2018-2029)
6.2.1 Global Automotive Torque Wrench Production Value by Application (2018-2023)
6.2.2 Global Automotive Torque Wrench Production Value by Application (2024-2029)
6.2.3 Global Automotive Torque Wrench Production Value Market Share by Application (2018-2029)
6.3 Global Automotive Torque Wrench Price by Application (2018-2029)
7 Key Companies Profiled
7.1 Snap-on (CDI)
7.1.1 Snap-on (CDI) Automotive Torque Wrench Corporation Information
7.1.2 Snap-on (CDI) Automotive Torque Wrench Product Portfolio
7.1.3 Snap-on (CDI) Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.1.4 Snap-on (CDI) Main Business and Markets Served
7.1.5 Snap-on (CDI) Recent Developments/Updates
7.2 Norbar
7.2.1 Norbar Automotive Torque Wrench Corporation Information
7.2.2 Norbar Automotive Torque Wrench Product Portfolio
7.2.3 Norbar Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.2.4 Norbar Main Business and Markets Served
7.2.5 Norbar Recent Developments/Updates
7.3 Proto
7.3.1 Proto Automotive Torque Wrench Corporation Information
7.3.2 Proto Automotive Torque Wrench Product Portfolio
7.3.3 Proto Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.3.4 Proto Main Business and Markets Served
7.3.5 Proto Recent Developments/Updates
7.4 TONE
7.4.1 TONE Automotive Torque Wrench Corporation Information
7.4.2 TONE Automotive Torque Wrench Product Portfolio
7.4.3 TONE Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.4.4 TONE Main Business and Markets Served
7.4.5 TONE Recent Developments/Updates
7.5 Tohnichi
7.5.1 Tohnichi Automotive Torque Wrench Corporation Information
7.5.2 Tohnichi Automotive Torque Wrench Product Portfolio
7.5.3 Tohnichi Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.5.4 Tohnichi Main Business and Markets Served
7.5.5 Tohnichi Recent Developments/Updates
7.6 Enerpac
7.6.1 Enerpac Automotive Torque Wrench Corporation Information
7.6.2 Enerpac Automotive Torque Wrench Product Portfolio
7.6.3 Enerpac Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.6.4 Enerpac Main Business and Markets Served
7.6.5 Enerpac Recent Developments/Updates
7.7 TEKTON
7.7.1 TEKTON Automotive Torque Wrench Corporation Information
7.7.2 TEKTON Automotive Torque Wrench Product Portfolio
7.7.3 TEKTON Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.7.4 TEKTON Main Business and Markets Served
7.7.5 TEKTON Recent Developments/Updates
7.8 FACOM
7.8.1 FACOM Automotive Torque Wrench Corporation Information
7.8.2 FACOM Automotive Torque Wrench Product Portfolio
7.8.3 FACOM Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.8.4 FACOM Main Business and Markets Served
7.7.5 FACOM Recent Developments/Updates
7.9 SATA Tools
7.9.1 SATA Tools Automotive Torque Wrench Corporation Information
7.9.2 SATA Tools Automotive Torque Wrench Product Portfolio
7.9.3 SATA Tools Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.9.4 SATA Tools Main Business and Markets Served
7.9.5 SATA Tools Recent Developments/Updates
7.10 Armstrong
7.10.1 Armstrong Automotive Torque Wrench Corporation Information
7.10.2 Armstrong Automotive Torque Wrench Product Portfolio
7.10.3 Armstrong Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.10.4 Armstrong Main Business and Markets Served
7.10.5 Armstrong Recent Developments/Updates
7.11 Precision Instruments
7.11.1 Precision Instruments Automotive Torque Wrench Corporation Information
7.11.2 Precision Instruments Automotive Torque Wrench Product Portfolio
7.11.3 Precision Instruments Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.11.4 Precision Instruments Main Business and Markets Served
7.11.5 Precision Instruments Recent Developments/Updates
7.12 Craftsman
7.12.1 Craftsman Automotive Torque Wrench Corporation Information
7.12.2 Craftsman Automotive Torque Wrench Product Portfolio
7.12.3 Craftsman Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.12.4 Craftsman Main Business and Markets Served
7.12.5 Craftsman Recent Developments/Updates
7.13 Powermaster
7.13.1 Powermaster Automotive Torque Wrench Corporation Information
7.13.2 Powermaster Automotive Torque Wrench Product Portfolio
7.13.3 Powermaster Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.13.4 Powermaster Main Business and Markets Served
7.13.5 Powermaster Recent Developments/Updates
7.14 Hytorc
7.14.1 Hytorc Automotive Torque Wrench Corporation Information
7.14.2 Hytorc Automotive Torque Wrench Product Portfolio
7.14.3 Hytorc Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.14.4 Hytorc Main Business and Markets Served
7.14.5 Hytorc Recent Developments/Updates
7.15 Plarad
7.15.1 Plarad Automotive Torque Wrench Corporation Information
7.15.2 Plarad Automotive Torque Wrench Product Portfolio
7.15.3 Plarad Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.15.4 Plarad Main Business and Markets Served
7.15.5 Plarad Recent Developments/Updates
7.16 Mountz
7.16.1 Mountz Automotive Torque Wrench Corporation Information
7.16.2 Mountz Automotive Torque Wrench Product Portfolio
7.16.3 Mountz Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.16.4 Mountz Main Business and Markets Served
7.16.5 Mountz Recent Developments/Updates
7.17 K-Tool
7.17.1 K-Tool Automotive Torque Wrench Corporation Information
7.17.2 K-Tool Automotive Torque Wrench Product Portfolio
7.17.3 K-Tool Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.17.4 K-Tool Main Business and Markets Served
7.17.5 K-Tool Recent Developments/Updates
7.18 Primo Tools
7.18.1 Primo Tools Automotive Torque Wrench Corporation Information
7.18.2 Primo Tools Automotive Torque Wrench Product Portfolio
7.18.3 Primo Tools Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.18.4 Primo Tools Main Business and Markets Served
7.18.5 Primo Tools Recent Developments/Updates
7.19 Park Tool
7.19.1 Park Tool Automotive Torque Wrench Corporation Information
7.19.2 Park Tool Automotive Torque Wrench Product Portfolio
7.19.3 Park Tool Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.19.4 Park Tool Main Business and Markets Served
7.19.5 Park Tool Recent Developments/Updates
7.20 Jinan Hanpu
7.20.1 Jinan Hanpu Automotive Torque Wrench Corporation Information
7.20.2 Jinan Hanpu Automotive Torque Wrench Product Portfolio
7.20.3 Jinan Hanpu Automotive Torque Wrench Production, Value, Price and Gross Margin (2018-2023)
7.20.4 Jinan Hanpu Main Business and Markets Served
7.20.5 Jinan Hanpu Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Automotive Torque Wrench Industry Chain Analysis
8.2 Automotive Torque Wrench Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Automotive Torque Wrench Production Mode & Process
8.4 Automotive Torque Wrench Sales and Marketing
8.4.1 Automotive Torque Wrench Sales Channels
8.4.2 Automotive Torque Wrench Distributors
8.5 Automotive Torque Wrench Customers
9 Automotive Torque Wrench Market Dynamics
9.1 Automotive Torque Wrench Industry Trends
9.2 Automotive Torque Wrench Market Drivers
9.3 Automotive Torque Wrench Market Challenges
9.4 Automotive Torque Wrench Market Restraints
10 Research Finding and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest Industrial Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
