| Product Code: ETC308581 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
The United States saw a consistent growth in torque spanners import shipments from top countries like Taiwan, China, India, Vietnam, and Mexico in 2024. High Herfindahl-Hirschman Index (HHI) indicates a concentrated market. With a notable CAGR of 7.43% from 2020 to 2024 and a growth rate of 6.79% in 2024, the import market for torque spanners in the US is showing resilience and potential for further expansion. These figures suggest a competitive landscape and a strong demand for torque spanners in the US 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 United States (US) Torque Spanners Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Torque Spanners Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Torque Spanners Market - Industry Life Cycle |
3.4 United States (US) Torque Spanners Market - Porter's Five Forces |
3.5 United States (US) Torque Spanners Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 United States (US) Torque Spanners Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 United States (US) 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 Technological advancements leading to the development of more advanced torque spanners with higher accuracy and efficiency |
4.2.3 Growing emphasis on worker safety and ergonomics, driving the adoption of torque spanners in various industries |
4.3 Market Restraints |
4.3.1 High initial cost of advanced torque spanners may hinder widespread adoption, especially among small and medium-sized enterprises |
4.3.2 Lack of awareness about the benefits of using torque spanners in certain industries |
4.3.3 Economic downturns impacting the overall investment in tools and equipment, including torque spanners |
5 United States (US) Torque Spanners Market Trends |
6 United States (US) Torque Spanners Market, By Types |
6.1 United States (US) Torque Spanners Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Torque Spanners Market Revenues & Volume, By Type, 2021 - 2031F |
6.1.3 United States (US) Torque Spanners Market Revenues & Volume, By Manual Torque Spanner, 2021 - 2031F |
6.1.4 United States (US) Torque Spanners Market Revenues & Volume, By Pneumatic Torque Spanner, 2021 - 2031F |
6.1.5 United States (US) Torque Spanners Market Revenues & Volume, By Electronic Torque Spanner, 2021 - 2031F |
6.2 United States (US) Torque Spanners Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Torque Spanners Market Revenues & Volume, By Automotive, Engineering & Construction, 2021 - 2031F |
6.2.3 United States (US) Torque Spanners Market Revenues & Volume, By Shipping & Aerospace, 2021 - 2031F |
6.2.4 United States (US) Torque Spanners Market Revenues & Volume, By Other, 2021 - 2031F |
7 United States (US) Torque Spanners Market Import-Export Trade Statistics |
7.1 United States (US) Torque Spanners Market Export to Major Countries |
7.2 United States (US) Torque Spanners Market Imports from Major Countries |
8 United States (US) Torque Spanners Market Key Performance Indicators |
8.1 Adoption rate of advanced torque spanners in key industries |
8.2 Number of patents filed for innovative torque spanner technologies |
8.3 Rate of workplace injuries related to improper torque application |
8.4 Investment in research and development for torque spanner technologies |
8.5 Utilization rate of torque spanners in manufacturing processes |
9 United States (US) Torque Spanners Market - Opportunity Assessment |
9.1 United States (US) Torque Spanners Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 United States (US) Torque Spanners Market Opportunity Assessment, By Application, 2021 & 2031F |
10 United States (US) Torque Spanners Market - Competitive Landscape |
10.1 United States (US) Torque Spanners Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Torque Spanners Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |