| Product Code: ETC5234496 | Publication Date: Nov 2023 | Updated Date: Jan 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Canada`s import trend for the torque screwdriver market experienced a negative growth rate of -14.49% from 2023 to 2024. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at a robust 24.07%. This decline in import momentum in 2024 could be attributed to shifts in demand dynamics or changes in trade policies affecting market stability.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Canada Torque Screwdriver Market Overview |
3.1 Canada Country Macro Economic Indicators |
3.2 Canada Torque Screwdriver Market Revenues & Volume, 2021 & 2031F |
3.3 Canada Torque Screwdriver Market - Industry Life Cycle |
3.4 Canada Torque Screwdriver Market - Porter's Five Forces |
3.5 Canada Torque Screwdriver Market Revenues & Volume Share Segmentations, 2021 & 2031F |
3.6 Canada Torque Screwdriver Market Revenues & Volume Share, By Applications , 2021 & 2031F |
4 Canada Torque Screwdriver Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision tools in industries such as automotive, electronics, and manufacturing. |
4.2.2 Growing focus on technological advancements and innovations in torque screwdrivers. |
4.2.3 Rise in DIY activities and home improvement projects among consumers. |
4.3 Market Restraints |
4.3.1 High initial investment required for advanced torque screwdriver models. |
4.3.2 Limited awareness and adoption of torque screwdrivers among small and medium-sized enterprises. |
4.3.3 Challenges related to product quality and reliability in the market. |
5 Canada Torque Screwdriver Market Trends |
6 Canada Torque Screwdriver Market Segmentations |
6.1 Canada Torque Screwdriver Market Segmentations |
6.1.1 Overview and Analysis |
6.1.2 Canada Torque Screwdriver Market Revenues & Volume, By Electric Torque Screwdriver, 2021-2031F |
6.1.3 Canada Torque Screwdriver Market Revenues & Volume, By Manual Torque Screwdriver, 2021-2031F |
6.2 Canada Torque Screwdriver Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Canada Torque Screwdriver Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Canada Torque Screwdriver Market Revenues & Volume, By Engineering and Construction, 2021-2031F |
6.2.4 Canada Torque Screwdriver Market Revenues & Volume, By Machinery Manufacturing, 2021-2031F |
6.2.5 Canada Torque Screwdriver Market Revenues & Volume, By Shipping and Aerospace, 2021-2031F |
6.2.6 Canada Torque Screwdriver Market Revenues & Volume, By Other, 2021-2031F |
7 Canada Torque Screwdriver Market Import-Export Trade Statistics |
7.1 Canada Torque Screwdriver Market Export to Major Countries |
7.2 Canada Torque Screwdriver Market Imports from Major Countries |
8 Canada Torque Screwdriver Market Key Performance Indicators |
8.1 Percentage of torque screwdriver sales attributed to advanced technology models. |
8.2 Number of industry collaborations for torque screwdriver research and development. |
8.3 Rate of growth in online searches for torque screwdriver-related terms. |
9 Canada Torque Screwdriver Market - Opportunity Assessment |
9.1 Canada Torque Screwdriver Market Opportunity Assessment Segmentations, 2021 & 2031F |
9.2 Canada Torque Screwdriver Market Opportunity Assessment, By Applications , 2021 & 2031F |
10 Canada Torque Screwdriver Market - Competitive Landscape |
10.1 Canada Torque Screwdriver Market Revenue Share, By Companies, 2024 |
10.2 Canada Torque Screwdriver Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
To discover high-growth global markets and optimize your business strategy:
Click Here