| Product Code: ETC5234692 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, New Zealand`s torque spanners import market continued to see significant concentration, with top exporters including China, Taiwan, USA, Australia, and Germany. Despite a slight decline in growth rate from 2023 to 2024, the compound annual growth rate (CAGR) for the period of 2020-2024 remained strong at 10.38%. This suggests a steady demand for torque spanners in New Zealand, with key suppliers maintaining their presence in the 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 New Zealand Torque Spanners Market Overview |
3.1 New Zealand Country Macro Economic Indicators |
3.2 New Zealand Torque Spanners Market Revenues & Volume, 2021 & 2031F |
3.3 New Zealand Torque Spanners Market - Industry Life Cycle |
3.4 New Zealand Torque Spanners Market - Porter's Five Forces |
3.5 New Zealand Torque Spanners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 New Zealand Torque Spanners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 New Zealand Torque Spanners Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for precision tools in industries such as automotive, manufacturing, and construction |
4.2.2 Emphasis on safety and accuracy in torque applications driving the adoption of torque spanners |
4.2.3 Increasing focus on quality control and maintenance practices in various sectors |
4.3 Market Restraints |
4.3.1 Intense competition from established players and new entrants in the torque spanners market |
4.3.2 Fluctuating raw material prices impacting the cost of production and pricing strategies |
4.3.3 Technological advancements leading to the development of alternative tools for torque applications |
5 New Zealand Torque Spanners Market Trends |
6 New Zealand Torque Spanners Market Segmentations |
6.1 New Zealand Torque Spanners Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 New Zealand Torque Spanners Market Revenues & Volume, By Manual Torque Spanner, 2021-2031F |
6.1.3 New Zealand Torque Spanners Market Revenues & Volume, By Pneumatic Torque Spanner, 2021-2031F |
6.1.4 New Zealand Torque Spanners Market Revenues & Volume, By Electronic Torque Spanner, 2021-2031F |
6.2 New Zealand Torque Spanners Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 New Zealand Torque Spanners Market Revenues & Volume, By Automotive, Engineering & Construction, 2021-2031F |
6.2.3 New Zealand Torque Spanners Market Revenues & Volume, By Shipping & Aerospace, 2021-2031F |
6.2.4 New Zealand Torque Spanners Market Revenues & Volume, By Other, 2021-2031F |
7 New Zealand Torque Spanners Market Import-Export Trade Statistics |
7.1 New Zealand Torque Spanners Market Export to Major Countries |
7.2 New Zealand Torque Spanners Market Imports from Major Countries |
8 New Zealand Torque Spanners Market Key Performance Indicators |
8.1 Customer satisfaction ratings for torque spanners |
8.2 Number of patents or innovations in torque spanner technology |
8.3 Rate of adoption of digital torque measurement tools |
8.4 Percentage of market share held by ergonomic torque spanners |
8.5 Warranty claim rates for torque spanners |
9 New Zealand Torque Spanners Market - Opportunity Assessment |
9.1 New Zealand Torque Spanners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 New Zealand Torque Spanners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 New Zealand Torque Spanners Market - Competitive Landscape |
10.1 New Zealand Torque Spanners Market Revenue Share, By Companies, 2024 |
10.2 New Zealand Torque Spanners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |