United States (US) Torque Wrench Market (2025-2031) Outlook | Share, Trends, Companies, Industry, Forecast, Size, Analysis, Revenue, Growth & Value
Market Forecast By Product Type (Manual Torque Wrench, Pneumatic Torque Wrench, Electronic Torque Wrench), By Applications (Automotive, Engineering & Machinery Manufacturing, Construction, Shipping & Aerospace, Other) And Competitive Landscape
| Product Code: ETC308641 | Publication Date: Aug 2022 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
United States (US) Torque Wrench Market Top 5 Importing Countries and Market Competition (HHI) Analysis
The United States continues to see significant import shipments of torque wrenches in 2024, with top exporting countries including Taiwan, China, India, Vietnam, and Mexico. The market shows high concentration with a high Herfindahl-Hirschman Index (HHI) in 2024, indicating a competitive landscape. The compound annual growth rate (CAGR) for torque wrench imports from 2020 to 2024 is strong at 7.43%, showcasing steady growth in the market. Additionally, the growth rate from 2023 to 2024 is 6.79%, indicating a positive momentum in the industry.
Key Highlights of the Report:
- United States (US) Torque Wrench Market Outlook
- Market Size of United States (US) Torque Wrench Market, 2024
- Forecast of United States (US) Torque Wrench Market, 2031
- Historical Data and Forecast of United States (US) Torque Wrench Revenues & Volume for the Period 2021 - 2031
- United States (US) Torque Wrench Market Trend Evolution
- United States (US) Torque Wrench Market Drivers and Challenges
- United States (US) Torque Wrench Price Trends
- United States (US) Torque Wrench Porter's Five Forces
- United States (US) Torque Wrench Industry Life Cycle
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Product Type for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Manual Torque Wrench for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Pneumatic Torque Wrench for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Electronic Torque Wrench for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Applications for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Automotive for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Engineering & Machinery Manufacturing for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Construction for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Shipping & Aerospace for the Period 2021 - 2031
- Historical Data and Forecast of United States (US) Torque Wrench Market Revenues & Volume By Other for the Period 2021 - 2031
- United States (US) Torque Wrench Import Export Trade Statistics
- Market Opportunity Assessment By Product Type
- Market Opportunity Assessment By Applications
- United States (US) Torque Wrench Top Companies Market Share
- United States (US) Torque Wrench Competitive Benchmarking By Technical and Operational Parameters
- United States (US) Torque Wrench Company Profiles
- United States (US) Torque Wrench Key Strategic Recommendations
Frequently Asked Questions About the Market Study (FAQs):
6Wresearch actively monitors the United States (US) Torque Wrench Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the United States (US) Torque Wrench Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
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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 Wrench Market Overview |
3.1 United States (US) Country Macro Economic Indicators |
3.2 United States (US) Torque Wrench Market Revenues & Volume, 2021 & 2031F |
3.3 United States (US) Torque Wrench Market - Industry Life Cycle |
3.4 United States (US) Torque Wrench Market - Porter's Five Forces |
3.5 United States (US) Torque Wrench Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
3.6 United States (US) Torque Wrench Market Revenues & Volume Share, By Applications, 2021 & 2031F |
4 United States (US) Torque Wrench Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on precision and accuracy in manufacturing processes |
4.2.2 Growth in automotive, aerospace, and construction industries |
4.2.3 Technological advancements leading to more sophisticated torque wrenches |
4.3 Market Restraints |
4.3.1 High initial investment required for advanced torque wrench models |
4.3.2 Competition from substitute products like manual torque wrenches |
4.3.3 Economic fluctuations impacting industrial spending |
5 United States (US) Torque Wrench Market Trends |
6 United States (US) Torque Wrench Market, By Types |
6.1 United States (US) Torque Wrench Market, By Product Type |
6.1.1 Overview and Analysis |
6.1.2 United States (US) Torque Wrench Market Revenues & Volume, By Product Type, 2021 - 2031F |
6.1.3 United States (US) Torque Wrench Market Revenues & Volume, By Manual Torque Wrench, 2021 - 2031F |
6.1.4 United States (US) Torque Wrench Market Revenues & Volume, By Pneumatic Torque Wrench, 2021 - 2031F |
6.1.5 United States (US) Torque Wrench Market Revenues & Volume, By Electronic Torque Wrench, 2021 - 2031F |
6.2 United States (US) Torque Wrench Market, By Applications |
6.2.1 Overview and Analysis |
6.2.2 United States (US) Torque Wrench Market Revenues & Volume, By Automotive, 2021 - 2031F |
6.2.3 United States (US) Torque Wrench Market Revenues & Volume, By Engineering & Machinery Manufacturing, 2021 - 2031F |
6.2.4 United States (US) Torque Wrench Market Revenues & Volume, By Construction, 2021 - 2031F |
6.2.5 United States (US) Torque Wrench Market Revenues & Volume, By Shipping & Aerospace, 2021 - 2031F |
6.2.6 United States (US) Torque Wrench Market Revenues & Volume, By Other, 2021 - 2031F |
7 United States (US) Torque Wrench Market Import-Export Trade Statistics |
7.1 United States (US) Torque Wrench Market Export to Major Countries |
7.2 United States (US) Torque Wrench Market Imports from Major Countries |
8 United States (US) Torque Wrench Market Key Performance Indicators |
8.1 Adoption rate of digital torque wrenches in key industries |
8.2 Number of patents filed for torque wrench innovations |
8.3 Percentage of manufacturers incorporating torque data analytics into their processes |
9 United States (US) Torque Wrench Market - Opportunity Assessment |
9.1 United States (US) Torque Wrench Market Opportunity Assessment, By Product Type, 2021 & 2031F |
9.2 United States (US) Torque Wrench Market Opportunity Assessment, By Applications, 2021 & 2031F |
10 United States (US) Torque Wrench Market - Competitive Landscape |
10.1 United States (US) Torque Wrench Market Revenue Share, By Companies, 2024 |
10.2 United States (US) Torque Wrench Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
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