Product Code: ETC308665 | 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 Thailand Torque Wrench Market complements the Torque Spanners Market by offering a wider range of torque applications. Torque wrenches are versatile tools used in various industries, including automotive, aviation, and construction. Their ability to provide precise torque control is crucial for safety and product quality. As Thailand continues to invest in infrastructure projects and expand its industrial base, the Torque Wrench Market is expected to see sustained growth.
The Torque Wrench Market in Thailand experiences growth due to the construction and manufacturing sectors. Torque wrenches play a critical role in ensuring the precise tightening of bolts and fasteners, which is essential for safety and quality in construction projects and manufacturing processes. The market is further driven by the need for compliance with international standards and regulations, particularly in industries where product reliability and safety are paramount.
Similar to torque spanners, the torque wrench market faces challenges related to precision and the need for ongoing calibration. It also needs to adapt to changing industry standards and technologies.
The Thailand torque wrench market, which is crucial for precision tightening in various industries, faced challenges due to COVID-19. During the pandemic, many industries saw reduced production, leading to decreased demand for torque wrenches. Supply chain disruptions also affected the availability of components, affecting the production of these tools. However, as industries began to recover, there was a renewed focus on quality control and precise assembly, which boosted the torque wrench market`s revival.
The Thailand Torque Wrench market features key players like TorqueMaster Ltd., WrenchTech Industries, and ProTorque Systems. These companies are renowned for their innovative torque wrench solutions that cater to various industrial applications. With a focus on accuracy and performance, they have gained a competitive edge in the market and have a loyal customer base.
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 Thailand Torque Wrench Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Torque Wrench Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Torque Wrench Market - Industry Life Cycle |
3.4 Thailand Torque Wrench Market - Porter's Five Forces |
3.5 Thailand Torque Wrench Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 Thailand Torque Wrench Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 Thailand Torque Wrench Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for precision tools in automotive and industrial sectors |
4.2.2 Growth in construction and infrastructure projects driving the need for torque wrenches |
4.2.3 Emphasis on quality and accuracy in manufacturing processes |
4.3 Market Restraints |
4.3.1 Competition from substitute tools and methods |
4.3.2 Price volatility of raw materials impacting production costs |
4.3.3 Economic fluctuations affecting overall investment in tools and equipment |
5 Thailand Torque Wrench Market Trends |
6 Thailand Torque Wrench Market, By Types |
6.1 Thailand Torque Wrench Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Torque Wrench Market Revenues & Volume, By Product Type, 2021-2031F |
6.1.3 Thailand Torque Wrench Market Revenues & Volume, By Manual Torque Wrench, 2021-2031F |
6.1.4 Thailand Torque Wrench Market Revenues & Volume, By Pneumatic Torque Wrench, 2021-2031F |
6.1.5 Thailand Torque Wrench Market Revenues & Volume, By Electronic Torque Wrench, 2021-2031F |
6.2 Thailand Torque Wrench Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 Thailand Torque Wrench Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Thailand Torque Wrench Market Revenues & Volume, By Engineering & Machinery Manufacturing, 2021-2031F |
6.2.4 Thailand Torque Wrench Market Revenues & Volume, By Construction, 2021-2031F |
6.2.5 Thailand Torque Wrench Market Revenues & Volume, By Shipping & Aerospace, 2021-2031F |
6.2.6 Thailand Torque Wrench Market Revenues & Volume, By Other, 2021-2031F |
7 Thailand Torque Wrench Market Import-Export Trade Statistics |
7.1 Thailand Torque Wrench Market Export to Major Countries |
7.2 Thailand Torque Wrench Market Imports from Major Countries |
8 Thailand Torque Wrench Market Key Performance Indicators |
8.1 Number of new construction projects in Thailand |
8.2 Adoption rate of precision tools in the automotive industry |
8.3 Percentage increase in demand for torque wrench calibration services |
8.4 Average time taken to complete a torque-sensitive task |
8.5 Rate of technological advancements in torque wrench manufacturing |
9 Thailand Torque Wrench Market - Opportunity Assessment |
9.1 Thailand Torque Wrench Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 Thailand Torque Wrench Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 Thailand Torque Wrench Market - Competitive Landscape |
10.1 Thailand Torque Wrench Market Revenue Share, By Companies, 2024 |
10.2 Thailand Torque Wrench Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |