Global Torque Market Insights and Forecast to 2031

Report ID: 855029 | Published Date: Jan 2025 | No. of Page: 110 | Base Year: 2024 | Rating: 4.6 | Webstory: Check our Web story

Torque is a special kind of torque that causes an object to rotate. The torque of the engine 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, it reflects the load capacity of the car within a certain range.
Currently, there are companies such as Falcom, Proto, Stahlwille, Tonichi, King Tony, and Gedore in the SEAK torque market.
The SEAK torque market has a revenue of approximately US$35 million and a sales volume of approximately 162,587 units in 2016.
South Korea is the largest consumer market for SEAK, and the second is Indonesia.
Mechanical torque wrenches occupy a major share, but electronic torque wrenches will take up more share.
The largest application in 2016 was the automotive repair and aftermarket, and automotive manufacturing applications are growing rapidly.

Market Analysis and Insights: Global Torque Market
The global Torque market is valued at US$ 9 million in 2019. The market size will reach US$ 12 million by the end of 2026, growing at a CAGR of 3.5% during 2021-2026.

Global Torque Scope and Segment
Torque market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Torque market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2016-2027.

Segment by Type
Adjustable Click
Preset Click
Electronic Torque
Torque Testers
Screwdriver Torque
Dial Torque
Torque Multipliers
Interchangeable Heads

Segment by Application
Aviation & Aerospace
Oil & Gas
Power Generation
Automotive – Manufacturing
Automotive – Repair & Aftermarket
Heavy Duty Equipment & Engines

By Company
Facom
Proto
Stahlwille
Tonichi
King Tony
Gedore

Production by Region
North America
Korea
Southeast Asia
Europe
China

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E

Frequently Asked Questions
Torque 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.
Torque 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
Torque 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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