Market Overview:
The global torque analyser market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for torque analysers in industrial and workshop calibration applications. Additionally, the growing demand for USB data output type torque analysers is also contributing to the growth of the global torque analyser market. However, lack of awareness about benefits offered by torque analyzers may restrain the growth of this market during the forecast period.
Product Definition:
A torque analyser is a tool used to measure the amount of rotational force applied to an object. This information can be used to calculate various properties such as torque, angular velocity, and power. The importance of using a torque analyser is that it allows for more precise measurements than can be obtained through manual methods.
USB Data Output:
Data output USB is a feature that allows the user to connect a USB-enabled device such as smartphone, tablet or computer to the Torque Analyzer for data extraction. It's an easy way out when it comes to extracting data from vehicles. The main objective of this technology is to allow technicians and engineers extract vehicle information without going through complicated procedures.
The market growth factor in this technology is its ability of connectivity with various devices like smartphones, tablets.
Touch Screen Interface:
The touch screen interface is a part of the electronic equipment that allows the user to give input for carrying out any task. It consists of a panel with transparent electrodes and sensitive to pressure touch sensors. The sensitivity can be changed according to the needs by increasing or decreasing resistive force of the sensor.
This technology has become an essential feature in smartphones, tablets, laptops, gaming consoles and POS terminals among others owing to its ease of use.
Application Insights:
The industrial applications segment dominated the global torque analyser market in 2017 and is expected to witness a CAGR of XX% from 2018 to 2030. Rising demand for these devices in industries such as oil & gas, construction, automotive and energy is projected to drive the segment growth over the forecast period. The growing application of Torque Analyzers in workshops for measuring torque output by electric motors, pneumatic compressors and other machinery has led to an increased demand for these devices among manufacturers as well as service providers of industrial equipment.
The use of TORA software has enabled users within various industries including oil & gas, construction etc.
Regional Analysis:
Asia Pacific dominated the global market in terms of revenue share in 2017. The region is expected to continue its dominance over the forecast period owing to increasing demand from end-use industries, such as automotive and industrial machinery. Increasing awareness regarding torque analysis tools among users is also expected to drive regional growth over the forecast period.
The Asia Pacific market was followed by Europe, which accounted for a significant revenue share in 2017 owing to high automobile production and repair activities across countries such as Germany, France, Italy and Russia. In addition, workshops that perform maintenance services on vehicles are anticipated to increase Torque Analyzer requirement within this region Torque Analyser demand over the next eight years (2030).
North America held a relatively smaller share of global industry revenues due to comparatively lower adoption levels coupled with limited awareness regarding torque analysers amongst users within this region compared with other regions mentioned above (Asia Pacific being one of them).
Growth Factors:
- Increasing demand for torque analysers from the automotive industry as a result of the increasing production of passenger cars and commercial vehicles.
- Growing demand for torque analysers from the aerospace industry due to increasing aircraft orders across the globe.
- Increasing use of torque analysers in research and development activities to develop new products and technologies.
- Rising popularity of lightweight materials in various industries, which is resulting in an increase in demand for torque analyzers that are capable of measuring low-torque values accurately.
Scope Of The Report
Report Attributes
Report Details
Report Title
Torque Analyser Market Research Report
By Type
USB Data Output, Touch Screen Interface, Other
By Application
Industrial Applications, Workshop Calibration, Other
By Companies
CDI, Buck & Hickman, Cromwell Tools, Gedore-Torque, Heamar, Ingersoll Rand, Kolver, McMaster-Carr, Mountz, Seekonk, Snap-on, Williams
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Torque Analyser Market Report Segments:
The global Torque Analyser market is segmented on the basis of:
Types
USB Data Output, Touch Screen Interface, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industrial Applications, Workshop Calibration, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- CDI
- Buck & Hickman
- Cromwell Tools
- Gedore-Torque
- Heamar
- Ingersoll Rand
- Kolver
- McMaster-Carr
- Mountz
- Seekonk
- Snap-on
- Williams
Highlights of The Torque Analyser Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- USB Data Output
- Touch Screen Interface
- Other
- By Application:
- Industrial Applications
- Workshop Calibration
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Torque Analyser Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Torque analyser is a device that measures the rotational torque of an object. It can be used to diagnose and repair mechanical problems in machines.
Some of the key players operating in the torque analyser market are CDI, Buck & Hickman, Cromwell Tools, Gedore-Torque, Heamar, Ingersoll Rand, Kolver, McMaster-Carr, Mountz, Seekonk, Snap-on, Williams.
The torque analyser market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Torque Analyser Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Torque Analyser Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Torque Analyser Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Torque Analyser Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Torque Analyser Market Size & Forecast, 2020-2028
4.5.1 Torque Analyser Market Size and Y-o-Y Growth
4.5.2 Torque Analyser Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 USB Data Output
5.2.2 Touch Screen Interface
5.2.3 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Industrial Applications
6.2.2 Workshop Calibration
6.2.3 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Torque Analyser Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Torque Analyser Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 USB Data Output
9.6.2 Touch Screen Interface
9.6.3 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Industrial Applications
9.10.2 Workshop Calibration
9.10.3 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 USB Data Output
10.6.2 Touch Screen Interface
10.6.3 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Industrial Applications
10.10.2 Workshop Calibration
10.10.3 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 USB Data Output
11.6.2 Touch Screen Interface
11.6.3 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Industrial Applications
11.10.2 Workshop Calibration
11.10.3 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 USB Data Output
12.6.2 Touch Screen Interface
12.6.3 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Industrial Applications
12.10.2 Workshop Calibration
12.10.3 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 USB Data Output
13.6.2 Touch Screen Interface
13.6.3 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Industrial Applications
13.10.2 Workshop Calibration
13.10.3 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Torque Analyser Market: Competitive Dashboard
14.2 Global Torque Analyser Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 CDI
14.3.2 Buck & Hickman
14.3.3 Cromwell Tools
14.3.4 Gedore-Torque
14.3.5 Heamar
14.3.6 Ingersoll Rand
14.3.7 Kolver
14.3.8 McMaster-Carr
14.3.9 Mountz
14.3.10 Seekonk
14.3.11 Snap-on
14.3.12 Williams
