The Torque Gauge Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Torque Gauge Market?
The Torque Gauge Global Market Report 2025 shows that the torque gauge market has demonstrated solid growth lately. It is expected to increase from a size of $7.37 billion in 2024 to $7.92 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Torque Gauge Industry?
The Torque Gauge Global Market is projected to be valued at $9.93 billion in 2029, with a compound annual growth rate (CAGR) of 5.8%.
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What are the Key Growth Drivers Fueling the Torque Gauge Market?
The key drivers in the torque gauge market are:
• Implementation of industry 4.0 and smart manufacturing techniques
• Greater adoption of electric vehicles driving demand
• Expansion in the aerospace sector increasing need
• Increased emphasis on the use of lightweight materials
Global Market Segmentation: Identifying Major Torque Gauge Industry Segments
The torque gauge market covered in this report is segmented –
1) By Type: Digital Torque Gauges, Mechanical Torque Gauges, Electronic Torque Gauges, Other Types
2) By Product Type: Hand Held Torque Gauge, Table Top Torque Gauge
3) By End User: Automotive, Aerospace, Manufacturing, Electronics, Energy, Other End Users
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What are the Emerging Trends Shaping the Future of the Torque Gauge Market?
The key trends in the torque gauge market are:
• The market is seeing a rising demand for portable torque gauges and digitalization, as part of its key trends.
• Industry 4.0, with a focus on ergonomics and user interface, is profoundly influencing the market.
• The integration of augmented reality (AR) and virtual reality (VR) technologies is an emerging trend.
• Advancements in wireless technology are contributing to the shaping of the future market.
Who Are the Top Competitors & Leading Players in the Torque Gauge Market?
Major companies in the torque gauge market are:
• Mitsubishi Electric Automation Inc.
• Bosch Rexroth AG
• Applied Measurements Limited
• AMETEK Calibration Inc.
• Snap-on Incorporated
• Hottinger Brüel & Kjær A/S
• Sauter AG
• Kistler Holding AG
• SCHUNK Intec Inc.
• VOGT GmbH
• Desoutter Industrial Tools
• Industrial Physics LLC
• Mecmesin Ltd.
• Extech Instruments
• Mountz Inc.
• Futek Advanced Sensor Technology Inc.
• Toledo Transducers Inc.
• IMADA Inc.
• Mark-10 Corporation
• Norbar Torque Tools Ltd.
• Datum Electronics Ltd.
• Insize Co. Ltd.
• Checkline Europe B.V
• HT Instruments
• Sturtevant Richmont
Regional Dominance: Which Area Leads the Global Torque Gauge Market?
Asia-Pacific was the largest region in the torque gauge market in 2024
