Industry: Machinery & Equipment
Published Date: 2024-04-07
Pages: 108 Pages
Report ld: 2812454
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Electric Torque Wrench Market Size(US$)

CAGR 2024-2030
3.1%
Market Size,2030
USD 50
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
An electric torque wrench is a planetary torque multiplier or a "gearbox" mated to a brushless electric motor.
The global Electric Torque Wrench market is projected to grow from US$ 42 million in 2024 to US$ 50 million by 2030, at a Compound Annual Growth Rate (CAGR) of 3.1% during the forecast period.
The US & Canada market for Electric Torque Wrench is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The China market for Electric Torque Wrench is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The Europe market for Electric Torque Wrench is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.
The global key manufacturers of Electric Torque Wrench include Enerpac, Hytorc, Hydratight, ITH, TorcUP, Powermaster, Norwolf Tool Works, Plarad and WREN, etc. In 2023, the global top five players had a share approximately % in terms of revenue.
In terms of production side, this report researches the Electric Torque Wrench production, growth rate, market share by manufacturers and by region (region level and country level), from 2019 to 2024, and forecast to 2030.
In terms of consumption side, this report focuses on the sales of Electric Torque Wrench by region (region level and country level), by company, by Type and by Application. from 2019 to 2024 and forecast to 2030.
Report Covers:
This report presents an overview of global market for Electric Torque Wrench, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2019 - 2024, estimates for 2024, and projections of CAGR through 2030.
This report researches the key producers of Electric Torque Wrench, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Electric Torque Wrench, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.
This report focuses on the Electric Torque Wrench sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Electric Torque Wrench market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.
This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Electric Torque Wrench sales, projected growth trends, production technology, application and end-user industry.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type and by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Electric Torque Wrench production/output of global and key producers (regions/countries). It provides a quantitative analysis of the production, and development potential of each producer in the next six years.
Chapter 3: Sales (consumption), revenue of Electric Torque Wrench in global, regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 4: Detailed analysis of Electric Torque Wrench manufacturers competitive landscape, price, sales, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.
Chapter 5: Provides the analysis of various market segments by Type, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the sales, revenue, average price, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: North America (US & Canada) by Type, by Application and by country, sales, and revenue for each segment.
Chapter 8: Europe by Type, by Application and by country, sales, and revenue for each segment.
Chapter 9: China by Type, and by Application, sales, and revenue for each segment.
Chapter 10: Asia (excluding China) by Type, by Application and by region, sales, and revenue for each segment.
Chapter 11: Middle East, Africa, Latin America by Type, by Application and by country, sales, and revenue for each segment.
Chapter 12: Provides profiles of key manufacturers, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Electric Torque Wrench sales, revenue, price, gross margin, and recent development, etc.
Chapter 13: Analysis of industrial chain, sales channel, key raw materials, distributors and customers.
Chapter 14: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 15: The main points and conclusions of the report.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Study Coverage
1.1 Electric Torque Wrench Product Introduction
1.2 Market by Type
1.2.1 Global Electric Torque Wrench Market Size by Type, 2019 VS 2023 VS 2030
1.2.2 Straight Type Electric Torque Wrench
1.2.3 Angled Type Electric Torque Wrench
1.3 Market by Application
1.3.1 Global Electric Torque Wrench Market Size by Application, 2019 VS 2023 VS 2030
1.3.2 Oil & Gas
1.3.3 Plants and Refineries
1.3.4 Power Industry
1.3.5 Other
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Electric Torque Wrench Production
2.1 Global Electric Torque Wrench Production Capacity (2019-2030)
2.2 Global Electric Torque Wrench Production by Region: 2019 VS 2023 VS 2030
2.3 Global Electric Torque Wrench Production by Region
2.3.1 Global Electric Torque Wrench Historic Production by Region (2019-2024)
2.3.2 Global Electric Torque Wrench Forecasted Production by Region (2025-2030)
2.3.3 Global Electric Torque Wrench Production Market Share by Region (2019-2030)
2.4 North America
2.5 Europe
2.6 China
2.7 Japan
3 Executive Summary
3.1 Global Electric Torque Wrench Revenue Estimates and Forecasts 2019-2030
3.2 Global Electric Torque Wrench Revenue by Region
3.2.1 Global Electric Torque Wrench Revenue by Region: 2019 VS 2023 VS 2030
3.2.2 Global Electric Torque Wrench Revenue by Region (2019-2024)
3.2.3 Global Electric Torque Wrench Revenue by Region (2025-2030)
3.2.4 Global Electric Torque Wrench Revenue Market Share by Region (2019-2030)
3.3 Global Electric Torque Wrench Sales Estimates and Forecasts 2019-2030
3.4 Global Electric Torque Wrench Sales by Region
3.4.1 Global Electric Torque Wrench Sales by Region: 2019 VS 2023 VS 2030
3.4.2 Global Electric Torque Wrench Sales by Region (2019-2024)
3.4.3 Global Electric Torque Wrench Sales by Region (2025-2030)
3.4.4 Global Electric Torque Wrench Sales Market Share by Region (2019-2030)
3.5 US & Canada
3.6 Europe
3.7 China
3.8 Asia (excluding China)
3.9 Middle East, Africa and Latin America
4 Competition by Manufactures
4.1 Global Electric Torque Wrench Sales by Manufacturers
4.1.1 Global Electric Torque Wrench Sales by Manufacturers (2019-2024)
4.1.2 Global Electric Torque Wrench Sales Market Share by Manufacturers (2019-2024)
4.1.3 Global Top 10 and Top 5 Largest Manufacturers of Electric Torque Wrench in 2023
4.2 Global Electric Torque Wrench Revenue by Manufacturers
4.2.1 Global Electric Torque Wrench Revenue by Manufacturers (2019-2024)
4.2.2 Global Electric Torque Wrench Revenue Market Share by Manufacturers (2019-2024)
4.2.3 Global Top 10 and Top 5 Companies by Electric Torque Wrench Revenue in 2023
4.3 Global Electric Torque Wrench Sales Price by Manufacturers
4.4 Global Key Players of Electric Torque Wrench, Industry Ranking, 2022 VS 2023 VS 2024
4.5 Analysis of Competitive Landscape
4.5.1 Manufacturers Market Concentration Ratio (CR5 and HHI)
4.5.2 Global Electric Torque Wrench Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
4.6 Global Key Manufacturers of Electric Torque Wrench, Manufacturing Base Distribution and Headquarters
4.7 Global Key Manufacturers of Electric Torque Wrench, Product Offered and Application
4.8 Global Key Manufacturers of Electric Torque Wrench, Date of Enter into This Industry
4.9 Mergers & Acquisitions, Expansion Plans
5 Market Size by Type
5.1 Global Electric Torque Wrench Sales by Type
5.1.1 Global Electric Torque Wrench Historical Sales by Type (2019-2024)
5.1.2 Global Electric Torque Wrench Forecasted Sales by Type (2025-2030)
5.1.3 Global Electric Torque Wrench Sales Market Share by Type (2019-2030)
5.2 Global Electric Torque Wrench Revenue by Type
5.2.1 Global Electric Torque Wrench Historical Revenue by Type (2019-2024)
5.2.2 Global Electric Torque Wrench Forecasted Revenue by Type (2025-2030)
5.2.3 Global Electric Torque Wrench Revenue Market Share by Type (2019-2030)
5.3 Global Electric Torque Wrench Price by Type
5.3.1 Global Electric Torque Wrench Price by Type (2019-2024)
5.3.2 Global Electric Torque Wrench Price Forecast by Type (2025-2030)
6 Market Size by Application
6.1 Global Electric Torque Wrench Sales by Application
6.1.1 Global Electric Torque Wrench Historical Sales by Application (2019-2024)
6.1.2 Global Electric Torque Wrench Forecasted Sales by Application (2025-2030)
6.1.3 Global Electric Torque Wrench Sales Market Share by Application (2019-2030)
6.2 Global Electric Torque Wrench Revenue by Application
6.2.1 Global Electric Torque Wrench Historical Revenue by Application (2019-2024)
6.2.2 Global Electric Torque Wrench Forecasted Revenue by Application (2025-2030)
6.2.3 Global Electric Torque Wrench Revenue Market Share by Application (2019-2030)
6.3 Global Electric Torque Wrench Price by Application
6.3.1 Global Electric Torque Wrench Price by Application (2019-2024)
6.3.2 Global Electric Torque Wrench Price Forecast by Application (2025-2030)
7 US & Canada
7.1 US & Canada Electric Torque Wrench Market Size by Type
7.1.1 US & Canada Electric Torque Wrench Sales by Type (2019-2030)
7.1.2 US & Canada Electric Torque Wrench Revenue by Type (2019-2030)
7.2 US & Canada Electric Torque Wrench Market Size by Application
7.2.1 US & Canada Electric Torque Wrench Sales by Application (2019-2030)
7.2.2 US & Canada Electric Torque Wrench Revenue by Application (2019-2030)
7.3 US & Canada Electric Torque Wrench Sales by Country
7.3.1 US & Canada Electric Torque Wrench Revenue by Country: 2019 VS 2023 VS 2030
7.3.2 US & Canada Electric Torque Wrench Sales by Country (2019-2030)
7.3.3 US & Canada Electric Torque Wrench Revenue by Country (2019-2030)
7.3.4 U.S.
7.3.5 Canada
8 Europe
8.1 Europe Electric Torque Wrench Market Size by Type
8.1.1 Europe Electric Torque Wrench Sales by Type (2019-2030)
8.1.2 Europe Electric Torque Wrench Revenue by Type (2019-2030)
8.2 Europe Electric Torque Wrench Market Size by Application
8.2.1 Europe Electric Torque Wrench Sales by Application (2019-2030)
8.2.2 Europe Electric Torque Wrench Revenue by Application (2019-2030)
8.3 Europe Electric Torque Wrench Sales by Country
8.3.1 Europe Electric Torque Wrench Revenue by Country: 2019 VS 2023 VS 2030
8.3.2 Europe Electric Torque Wrench Sales by Country (2019-2030)
8.3.3 Europe Electric Torque Wrench Revenue by Country (2019-2030)
8.3.4 Germany
8.3.5 France
8.3.6 U.K.
8.3.7 Italy
8.3.8 Russia
9 China
9.1 China Electric Torque Wrench Market Size by Type
9.1.1 China Electric Torque Wrench Sales by Type (2019-2030)
9.1.2 China Electric Torque Wrench Revenue by Type (2019-2030)
9.2 China Electric Torque Wrench Market Size by Application
9.2.1 China Electric Torque Wrench Sales by Application (2019-2030)
9.2.2 China Electric Torque Wrench Revenue by Application (2019-2030)
10 Asia (excluding China)
10.1 Asia Electric Torque Wrench Market Size by Type
10.1.1 Asia Electric Torque Wrench Sales by Type (2019-2030)
10.1.2 Asia Electric Torque Wrench Revenue by Type (2019-2030)
10.2 Asia Electric Torque Wrench Market Size by Application
10.2.1 Asia Electric Torque Wrench Sales by Application (2019-2030)
10.2.2 Asia Electric Torque Wrench Revenue by Application (2019-2030)
10.3 Asia Electric Torque Wrench Sales by Region
10.3.1 Asia Electric Torque Wrench Revenue by Region: 2019 VS 2023 VS 2030
10.3.2 Asia Electric Torque Wrench Revenue by Region (2019-2030)
10.3.3 Asia Electric Torque Wrench Sales by Region (2019-2030)
10.3.4 Japan
10.3.5 South Korea
10.3.6 China Taiwan
10.3.7 Southeast Asia
10.3.8 India
11 Middle East, Africa and Latin America
11.1 Middle East, Africa and Latin America Electric Torque Wrench Market Size by Type
11.1.1 Middle East, Africa and Latin America Electric Torque Wrench Sales by Type (2019-2030)
11.1.2 Middle East, Africa and Latin America Electric Torque Wrench Revenue by Type (2019-2030)
11.2 Middle East, Africa and Latin America Electric Torque Wrench Market Size by Application
11.2.1 Middle East, Africa and Latin America Electric Torque Wrench Sales by Application (2019-2030)
11.2.2 Middle East, Africa and Latin America Electric Torque Wrench Revenue by Application (2019-2030)
11.3 Middle East, Africa and Latin America Electric Torque Wrench Sales by Country
11.3.1 Middle East, Africa and Latin America Electric Torque Wrench Revenue by Country: 2019 VS 2023 VS 2030
11.3.2 Middle East, Africa and Latin America Electric Torque Wrench Revenue by Country (2019-2030)
11.3.3 Middle East, Africa and Latin America Electric Torque Wrench Sales by Country (2019-2030)
11.3.4 Brazil
11.3.5 Mexico
11.3.6 Turkey
11.3.7 Israel
11.3.8 GCC Countries
12 Corporate Profiles
12.1 Enerpac
12.1.1 Enerpac Company Information
12.1.2 Enerpac Overview
12.1.3 Enerpac Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.1.4 Enerpac Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.1.5 Enerpac Recent Developments
12.2 Hytorc
12.2.1 Hytorc Company Information
12.2.2 Hytorc Overview
12.2.3 Hytorc Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.2.4 Hytorc Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.2.5 Hytorc Recent Developments
12.3 Hydratight
12.3.1 Hydratight Company Information
12.3.2 Hydratight Overview
12.3.3 Hydratight Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.3.4 Hydratight Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.3.5 Hydratight Recent Developments
12.4 ITH
12.4.1 ITH Company Information
12.4.2 ITH Overview
12.4.3 ITH Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.4.4 ITH Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.4.5 ITH Recent Developments
12.5 TorcUP
12.5.1 TorcUP Company Information
12.5.2 TorcUP Overview
12.5.3 TorcUP Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.5.4 TorcUP Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.5.5 TorcUP Recent Developments
12.6 Powermaster
12.6.1 Powermaster Company Information
12.6.2 Powermaster Overview
12.6.3 Powermaster Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.6.4 Powermaster Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.6.5 Powermaster Recent Developments
12.7 Norwolf Tool Works
12.7.1 Norwolf Tool Works Company Information
12.7.2 Norwolf Tool Works Overview
12.7.3 Norwolf Tool Works Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.7.4 Norwolf Tool Works Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.7.5 Norwolf Tool Works Recent Developments
12.8 Plarad
12.8.1 Plarad Company Information
12.8.2 Plarad Overview
12.8.3 Plarad Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.8.4 Plarad Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.8.5 Plarad Recent Developments
12.9 WREN
12.9.1 WREN Company Information
12.9.2 WREN Overview
12.9.3 WREN Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.9.4 WREN Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.9.5 WREN Recent Developments
12.10 HTL
12.10.1 HTL Company Information
12.10.2 HTL Overview
12.10.3 HTL Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.10.4 HTL Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.10.5 HTL Recent Developments
12.11 Torq/Lite
12.11.1 Torq/Lite Company Information
12.11.2 Torq/Lite Overview
12.11.3 Torq/Lite Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.11.4 Torq/Lite Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.11.5 Torq/Lite Recent Developments
12.12 TorsionX
12.12.1 TorsionX Company Information
12.12.2 TorsionX Overview
12.12.3 TorsionX Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.12.4 TorsionX Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.12.5 TorsionX Recent Developments
12.13 Torc-Tech
12.13.1 Torc-Tech Company Information
12.13.2 Torc-Tech Overview
12.13.3 Torc-Tech Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.13.4 Torc-Tech Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.13.5 Torc-Tech Recent Developments
12.14 Maxpro Corporation
12.14.1 Maxpro Corporation Company Information
12.14.2 Maxpro Corporation Overview
12.14.3 Maxpro Corporation Electric Torque Wrench Sales, Price, Revenue and Gross Margin (2019-2024)
12.14.4 Maxpro Corporation Electric Torque Wrench Product Model Numbers, Pictures, Descriptions and Specifications
12.14.5 Maxpro Corporation Recent Developments
13 Industry Chain and Sales Channels Analysis
13.1 Electric Torque Wrench Industry Chain Analysis
13.2 Electric Torque Wrench Key Raw Materials
13.2.1 Key Raw Materials
13.2.2 Raw Materials Key Suppliers
13.3 Electric Torque Wrench Production Mode & Process
13.4 Electric Torque Wrench Sales and Marketing
13.4.1 Electric Torque Wrench Sales Channels
13.4.2 Electric Torque Wrench Distributors
13.5 Electric Torque Wrench Customers
14 Electric Torque Wrench Market Dynamics
14.1 Electric Torque Wrench Industry Trends
14.2 Electric Torque Wrench Market Drivers
14.3 Electric Torque Wrench Market Challenges
14.4 Electric Torque Wrench Market Restraints
15 Key Finding in The Global Electric Torque Wrench Study
16 Appendix
16.1 Research Methodology
16.1.1 Methodology/Research Approach
16.1.2 Data Source
16.2 Author Details
16.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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