The global torque screwdrivers market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for torque screwdrivers in various industries such as automotive, engineering and construction, machinery manufacturing, shipping and aerospace. The electric torque screwdriver segment is expected to dominate the global market during the forecast period due to its high demand in various industries such as automotive and engineering & construction.
Some Of The Growth Factors Of This Market:
- Torque screwdrivers are used in a variety of industries, including automotive, aerospace, and construction.
- Torque screwdrivers are used to tighten screws with a specific amount of torque to ensure that the screws are tightened correctly and securely.
- The tightening process is done by turning the handle on the torque screwdriver clockwise or counterclockwise until it reaches the desired torque level for that particular application.
- Torque screwdrivers can be adjusted to provide different levels of torque depending on what is needed for each application, which makes them more versatile than other types of tools such as wrenches or pliers which only have one setting for their use case.
- The market size for torque screwdrivers is expected to grow due to an increase in demand from various industries.
Industry Growth Insights published a new data on “Torque Screwdrivers Market”. The research report is titled “Torque Screwdrivers Market research by Types (Electric Torque Screwdriver, Manual Torque Screwdriver), By Applications (Automotive, Engineering & Construction, Machinery Manufacturing, Shipping & Aerospace, Other), By Players/Companies TTI, Hilti, Kawasaki, CDI Torque Products, Klein Tools, Capri Tools, Wiha, Powerbuilt, Wera, Tohnichi, Schneider Electric, Mountz, Matatakitoyo, Gedore Torque, Norbar, Ingersoll Rand”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Torque Screwdrivers Market Research Report
By Type
Electric Torque Screwdriver, Manual Torque Screwdriver
By Application
Automotive, Engineering & Construction, Machinery Manufacturing, Shipping & Aerospace, Other
By Companies
TTI, Hilti, Kawasaki, CDI Torque Products, Klein Tools, Capri Tools, Wiha, Powerbuilt, Wera, Tohnichi, Schneider Electric, Mountz, Matatakitoyo, Gedore Torque, Norbar, Ingersoll Rand
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
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Torque Screwdrivers Market Report Segments:
The global Torque Screwdrivers market is segmented on the basis of:
Types
Electric Torque Screwdriver, Manual Torque Screwdriver
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
Automotive, Engineering & Construction, Machinery Manufacturing, Shipping & Aerospace, 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:
- TTI
- Hilti
- Kawasaki
- CDI Torque Products
- Klein Tools
- Capri Tools
- Wiha
- Powerbuilt
- Wera
- Tohnichi
- Schneider Electric
- Mountz
- Matatakitoyo
- Gedore Torque
- Norbar
- Ingersoll Rand
Highlights of The Torque Screwdrivers 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:
- Electric Torque Screwdriver
- Manual Torque Screwdriver
- By Application:
- Automotive
- Engineering & Construction
- Machinery Manufacturing
- Shipping & Aerospace
- 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 Screwdrivers 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 screwdrivers are a type of hand tool used to apply torque to screws. They have a handle that is shaped like a T and two blades on the end of the handle. The blades are used to rotate the screwdriver head, which in turn applies torque to the screw.
Some of the major companies in the torque screwdrivers market are TTI, Hilti, Kawasaki, CDI Torque Products, Klein Tools, Capri Tools, Wiha, Powerbuilt, Wera, Tohnichi, Schneider Electric, Mountz, Matatakitoyo, Gedore Torque, Norbar, Ingersoll Rand.
The torque screwdrivers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Torque Screwdrivers Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Torque Screwdrivers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Torque Screwdrivers Market - Supply Chain
4.5. Global Torque Screwdrivers Market Forecast
4.5.1. Torque Screwdrivers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Torque Screwdrivers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Torque Screwdrivers Market Absolute $ Opportunity
5. Global Torque Screwdrivers Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Torque Screwdrivers Market Size and Volume Forecast by Type
5.3.1. Electric Torque Screwdriver
5.3.2. Manual Torque Screwdriver
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Torque Screwdrivers Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Torque Screwdrivers Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Engineering & Construction
6.3.3. Machinery Manufacturing
6.3.4. Shipping & Aerospace
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Torque Screwdrivers Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Torque Screwdrivers Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Torque Screwdrivers Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Torque Screwdrivers Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Torque Screwdrivers Demand Share Forecast, 2019-2029
9. North America Torque Screwdrivers Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Torque Screwdrivers Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Torque Screwdrivers Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Engineering & Construction
9.4.3. Machinery Manufacturing
9.4.4. Shipping & Aerospace
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Torque Screwdrivers Market Size and Volume Forecast by Type
9.7.1. Electric Torque Screwdriver
9.7.2. Manual Torque Screwdriver
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Torque Screwdrivers Demand Share Forecast, 2019-2029
10. Latin America Torque Screwdrivers Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Torque Screwdrivers Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Torque Screwdrivers Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Engineering & Construction
10.4.3. Machinery Manufacturing
10.4.4. Shipping & Aerospace
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Torque Screwdrivers Market Size and Volume Forecast by Type
10.7.1. Electric Torque Screwdriver
10.7.2. Manual Torque Screwdriver
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Torque Screwdrivers Demand Share Forecast, 2019-2029
11. Europe Torque Screwdrivers Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Torque Screwdrivers Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Torque Screwdrivers Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Engineering & Construction
11.4.3. Machinery Manufacturing
11.4.4. Shipping & Aerospace
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Torque Screwdrivers Market Size and Volume Forecast by Type
11.7.1. Electric Torque Screwdriver
11.7.2. Manual Torque Screwdriver
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Torque Screwdrivers Demand Share, 2019-2029
12. Asia Pacific Torque Screwdrivers Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Torque Screwdrivers Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Torque Screwdrivers Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Engineering & Construction
12.4.3. Machinery Manufacturing
12.4.4. Shipping & Aerospace
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Torque Screwdrivers Market Size and Volume Forecast by Type
12.7.1. Electric Torque Screwdriver
12.7.2. Manual Torque Screwdriver
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Torque Screwdrivers Demand Share, 2019-2029
13. Middle East & Africa Torque Screwdrivers Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Torque Screwdrivers Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Torque Screwdrivers Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Engineering & Construction
13.4.3. Machinery Manufacturing
13.4.4. Shipping & Aerospace
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Torque Screwdrivers Market Size and Volume Forecast by Type
13.7.1. Electric Torque Screwdriver
13.7.2. Manual Torque Screwdriver
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Torque Screwdrivers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Torque Screwdrivers Market: Market Share Analysis
14.2. Torque Screwdrivers Distributors and Customers
14.3. Torque Screwdrivers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. TTI
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Hilti
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Kawasaki
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CDI Torque Products
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Klein Tools
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Capri Tools
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Wiha
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Powerbuilt
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Wera
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Tohnichi
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Schneider Electric
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Mountz
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Matatakitoyo
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Gedore Torque
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Norbar
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ingersoll Rand
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
