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

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: 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

United States (US) Torque Spanners Market Top 5 Importing Countries and Market Competition (HHI) Analysis

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.

United States (US) Torque Spanners Market Top 5 Importing Countries and Market Competition (HHI) Analysis

Key Highlights of the Report:

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

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