Global Torque Gauge Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Product Type;

Hand Held Torque Gauge and Table Top Torque Gauge.

By Operation Mode;

Mechanical Torque Gauge and Digital Torque Gauge.

By Application;

Laboratory and Industrial/ Field.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn988585046 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Torque Gauge Market (USD Million), 2021 - 2031

In the year 2024, the Global Torque Gauge Market was valued at USD 324.10 million. The size of this market is expected to increase to USD 456.05 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.

The global torque gauge market is expanding due to increased demand for precision in various industries, including automotive, aerospace, and manufacturing. Torque gauges are essential tools for measuring and controlling torque, which is crucial for ensuring the proper assembly and functionality of components. As industries strive for higher quality standards and greater efficiency, the need for accurate torque measurement has become more prominent.

Technological advancements have driven innovation in the torque gauge market, leading to the development of more sophisticated and user-friendly devices. Digital torque gauges, for instance, offer enhanced accuracy and ease of use compared to traditional mechanical models. These devices are increasingly adopted in professional settings due to their ability to provide real-time data and integrate with other measurement systems.

The automotive industry, in particular, has a significant influence on the torque gauge market. With the rise of electric vehicles and advancements in automotive technology, precise torque measurement is critical for ensuring the reliability and safety of vehicle components. Similarly, the aerospace sector relies on torque gauges for the assembly of aircraft parts, where precision is paramount.

Geographically, the market is experiencing growth across various regions, driven by industrial expansion and technological advancements. Emerging economies are investing in infrastructure and manufacturing capabilities, further boosting the demand for torque gauges. Additionally, the increasing emphasis on quality control and standardization in different sectors is contributing to the market's growth.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product Type
    2. Market Snapshot, By Operation Mode
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Torque Gauge Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Precision measurement demand
        2. Technological advancements
        3. Digital torque gauges
      2. Restraints
        1. High cost
        2. Calibration requirements
        3. Limited application scope
      3. Opportunities
        1. Emerging markets
        2. Technological advancements
        3. Integration with IoT
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Torque Gauge Market, By Product Type, 2021 - 2031 (USD Million)
      1. Hand Held Torque Gauge
      2. Table Top Torque Gauge
    2. Global Torque Gauge Market, By Operation Mode, 2021 - 2031 (USD Million)
      1. Mechanical Torque Gauge
      2. Digital Torque Gauge
    3. Global Torque Gauge Market, By Application, 2021 - 2031 (USD Million)
      1. Laboratory
      2. Industrial/ Field
    4. Global Torque Gauge Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia/New Zealand
        5. South Korea
        6. ASEAN
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. WEBER Schraubautomaten GmbH
      2. Crown Oilfield Instrumentation
      3. Snap-on Incorporated
      4. SUPER TOOL Co. Ltd.
      5. Tohnichi America Corporation
      6. Scientific Industries, Inc.
      7. IMADA CO.LTD.
      8. Mark-10 Corporation
      9. OMEGA Engineering
      10. Com-Ten Industries
      11. IMADA, Incorporated
      12. PCE Deutschland GmbH
      13. ELECTROMATIC Equip't Co., Inc
      14. Flexible Assembly Systems Inc.
  7. Analyst Views
  8. Future Outlook of the Market