Product Code: ETC308668 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Indonesia torque spanners market was valued at USD 1.79 million in 2025 and is expected to reach a value of USD 2.07 million by 2031, registering a CAGR of 2.35% over the forecast period. Increasing usage in industries such as construction and manufacturing are anticipated to propel the demand for these products during the forecasted timeframe owing to their ability to deliver accurate results while tightening/fastening nuts & bolts or any other fastener components on machines or automobiles etc.
The Indonesia torque wrench market is driven by sectors requiring controlled and accurate torque application. Industries like automotive, machinery, and construction rely on torque wrenches for proper fastening, reducing the risk of over-tightening or under-tightening.
The torque wrench market might face challenges such as integrating advanced torque measurement technologies, addressing calibration and maintenance requirements, offering a range of torque capacities for different applications, and ensuring ease of use in various work environments.
The market for torque wrenches might have experienced challenges during the pandemic, primarily due to disruptions in manufacturing and industries that rely on accurate torque applications. However, sectors like automotive repair and maintenance could have continued to demand these tools.
The torque wrench market involves tools used to apply a specific torque to fasteners. Local and international tool manufacturers like Snap-on, Craftsman, and Bahco could be notable players in this market.
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 Indonesia Torque Wrench Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Torque Wrench Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Torque Wrench Market - Industry Life Cycle |
3.4 Indonesia Torque Wrench Market - Porter's Five Forces |
3.5 Indonesia Torque Wrench Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Indonesia Torque Wrench Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Indonesia Torque Wrench Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing industrialization and infrastructure development in Indonesia leading to higher demand for precision tools like torque wrenches. |
4.2.2 Growing automotive and manufacturing sectors in the country driving the need for torque wrenches in assembly and maintenance processes. |
4.3 Market Restraints |
4.3.1 Price volatility of raw materials used in torque wrench manufacturing impacting the final product cost. |
4.3.2 Intense competition among torque wrench manufacturers leading to pricing pressures and margin erosion. |
5 Indonesia Torque Wrench Market Trends |
6 Indonesia Torque Wrench Market, By Types |
6.1 Indonesia Torque Wrench Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Torque Wrench Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Indonesia Torque Wrench Market Revenues & Volume, By Manual Torque Wrench, 2021-2031F |
6.1.4 Indonesia Torque Wrench Market Revenues & Volume, By Pneumatic Torque Wrench, 2021-2031F |
6.1.5 Indonesia Torque Wrench Market Revenues & Volume, By Electronic Torque Wrench, 2021-2031F |
6.2 Indonesia Torque Wrench Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Torque Wrench Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Indonesia Torque Wrench Market Revenues & Volume, By Engineering & Machinery Manufacturing, 2021-2031F |
6.2.4 Indonesia Torque Wrench Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Indonesia Torque Wrench Market Revenues & Volume, By Shipping & Aerospace, 2021-2031F |
6.2.6 Indonesia Torque Wrench Market Revenues & Volume, By Other, 2021-2031F |
7 Indonesia Torque Wrench Market Import-Export Trade Statistics |
7.1 Indonesia Torque Wrench Market Export to Major Countries |
7.2 Indonesia Torque Wrench Market Imports from Major Countries |
8 Indonesia Torque Wrench Market Key Performance Indicators |
8.1 Average order value per customer to track the value of transactions and potential revenue growth. |
8.2 Percentage of repeat customers to gauge customer loyalty and satisfaction. |
8.3 Number of new product launches to assess innovation and market expansion efforts. |
9 Indonesia Torque Wrench Market - Opportunity Assessment |
9.1 Indonesia Torque Wrench Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Indonesia Torque Wrench Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Indonesia Torque Wrench Market - Competitive Landscape |
10.1 Indonesia Torque Wrench Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Torque Wrench Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |