| 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 |
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.
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 |