Sweden Torque Spanners Market (2025-2031) | Share, Analysis, Forecast, Industry, Trends, Value, Outlook, Growth, Companies, Size, Revenue & Segmentation

Market Forecast By Type (Manual Torque Spanner, Pneumatic Torque Spanner, Electronic Torque Spanner), By Application (Automotive, Engineering & Construction, Shipping & Aerospace, Other) And Competitive Landscape
Product Code: ETC5234722 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

Sweden Torque Spanners Market Top 5 Importing Countries and Market Competition (HHI) Analysis

In 2024, Sweden saw a decline in torque spanners import shipments with a negative growth rate of -8.1% compared to the previous year. Despite the decrease, the top exporting countries to Sweden remained consistent, with Taiwan, Netherlands, Germany, China, and the USA leading the way. The market concentration, as measured by the Herfindahl-Hirschman Index (HHI), decreased from moderate to low in 2024. With a modest compound annual growth rate (CAGR) of 0.7% from 2020 to 2024, the torque spanners import market in Sweden continues to show stability amidst changing dynamics.

Key Highlights of the Report:

  • Sweden Torque Spanners Market Outlook
  • Market Size of Sweden Torque Spanners Market, 2024
  • Forecast of Sweden Torque Spanners Market, 2031
  • Historical Data and Forecast of Sweden Torque Spanners Revenues & Volume for the Period 2021-2031
  • Sweden Torque Spanners Market Trend Evolution
  • Sweden Torque Spanners Market Drivers and Challenges
  • Sweden Torque Spanners Price Trends
  • Sweden Torque Spanners Porter`s Five Forces
  • Sweden Torque Spanners Industry Life Cycle
  • Historical Data and Forecast of Sweden Torque Spanners Market Revenues & Volume By Type for the Period 2021-2031
  • Historical Data and Forecast of Sweden Torque Spanners Market Revenues & Volume By Manual Torque Spanner for the Period 2021-2031
  • Historical Data and Forecast of Sweden Torque Spanners Market Revenues & Volume By Pneumatic Torque Spanner for the Period 2021-2031
  • Historical Data and Forecast of Sweden Torque Spanners Market Revenues & Volume By Electronic Torque Spanner for the Period 2021-2031
  • Historical Data and Forecast of Sweden Torque Spanners Market Revenues & Volume By Application for the Period 2021-2031
  • Historical Data and Forecast of Sweden Torque Spanners Market Revenues & Volume By Automotive, Engineering & Construction for the Period 2021-2031
  • Historical Data and Forecast of Sweden Torque Spanners Market Revenues & Volume By Shipping & Aerospace for the Period 2021-2031
  • Historical Data and Forecast of Sweden Torque Spanners Market Revenues & Volume By Other for the Period 2021-2031
  • Sweden Torque Spanners Import Export Trade Statistics
  • Market Opportunity Assessment By Type
  • Market Opportunity Assessment By Application
  • Sweden Torque Spanners Top Companies Market Share
  • Sweden Torque Spanners Competitive Benchmarking By Technical and Operational Parameters
  • Sweden Torque Spanners Company Profiles
  • Sweden Torque Spanners Key Strategic Recommendations

Frequently Asked Questions About the Market Study (FAQs):

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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 Sweden Torque Spanners Market Overview

3.1 Sweden Country Macro Economic Indicators

3.2 Sweden Torque Spanners Market Revenues & Volume, 2021 & 2031F

3.3 Sweden Torque Spanners Market - Industry Life Cycle

3.4 Sweden Torque Spanners Market - Porter's Five Forces

3.5 Sweden Torque Spanners Market Revenues & Volume Share, By Type, 2021 & 2031F

3.6 Sweden Torque Spanners Market Revenues & Volume Share, By Application, 2021 & 2031F

4 Sweden Torque Spanners Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for precision tools in industries like automotive, aerospace, and manufacturing

4.2.2 Growing emphasis on quality control and accuracy in engineering and construction projects

4.2.3 Technological advancements leading to the development of more efficient and user-friendly torque spanners

4.3 Market Restraints

4.3.1 High initial cost of torque spanners and related equipment

4.3.2 Limited awareness and adoption of advanced torque tightening techniques in certain industries

4.3.3 Competition from alternative torque tightening methods such as hydraulic torque wrenches

5 Sweden Torque Spanners Market Trends

6 Sweden Torque Spanners Market Segmentations

6.1 Sweden Torque Spanners Market, By Type

6.1.1 Overview and Analysis

6.1.2 Sweden Torque Spanners Market Revenues & Volume, By Manual Torque Spanner, 2021-2031F

6.1.3 Sweden Torque Spanners Market Revenues & Volume, By Pneumatic Torque Spanner, 2021-2031F

6.1.4 Sweden Torque Spanners Market Revenues & Volume, By Electronic Torque Spanner, 2021-2031F

6.2 Sweden Torque Spanners Market, By Application

6.2.1 Overview and Analysis

6.2.2 Sweden Torque Spanners Market Revenues & Volume, By Automotive, Engineering & Construction, 2021-2031F

6.2.3 Sweden Torque Spanners Market Revenues & Volume, By Shipping & Aerospace, 2021-2031F

6.2.4 Sweden Torque Spanners Market Revenues & Volume, By Other, 2021-2031F

7 Sweden Torque Spanners Market Import-Export Trade Statistics

7.1 Sweden Torque Spanners Market Export to Major Countries

7.2 Sweden Torque Spanners Market Imports from Major Countries

8 Sweden Torque Spanners Market Key Performance Indicators

8.1 Percentage increase in the adoption of digital torque spanners

8.2 Number of new product launches and innovations in the torque spanners market

8.3 Average time saved in torque tightening processes using advanced torque spanners

9 Sweden Torque Spanners Market - Opportunity Assessment

9.1 Sweden Torque Spanners Market Opportunity Assessment, By Type, 2021 & 2031F

9.2 Sweden Torque Spanners Market Opportunity Assessment, By Application, 2021 & 2031F

10 Sweden Torque Spanners Market - Competitive Landscape

10.1 Sweden Torque Spanners Market Revenue Share, By Companies, 2024

10.2 Sweden Torque Spanners Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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