In the past few years, the Torque Wrench market experienced a huge change under the influence of COVID-19, the global market size of Torque Wrench reached 274.0 million $ in 2021 from xx in 2016 with a CAGR of xx from 2016-2021 is. As of now, the global COVID-19 Coronavirus Cases have exceeded 500 million, and the global epidemic has been basically under control, therefore, the World Bank has estimated the global economic growth in 2021 and 2022. The World Bank predicts that the global economic output is expected to expand 4 percent in 2021 while 3.8 percent in 2022. According to our research on Torque Wrench market and global economic environment, we forecast that the global market size of Torque Wrench will reach 366.0 million $ in 2027 with a CAGR of % from 2022-2027.
Due to the COVID-19 pandemic, according to World Bank statistics, global GDP has shrunk by about 3.5% in 2020. Entering 2021, Economic activity in many countries has started to recover and partially adapted to pandemic restrictions. The research and development of vaccines has made breakthrough progress, and many governments have also issued various policies to stimulate economic recovery, particularly in the United States, is likely to provide a strong boost to economic activity but prospects for sustainable growth vary widely between countries and sectors. Although the global economy is recovering from the great depression caused by COVID-19, it will remain below pre-pandemic trends for a prolonged period. The pandemic has exacerbated the risks associated with the decade-long wave of global debt accumulation. It is also likely to steepen the long-expected slowdown in potential growth over the next decade.
The world has entered the COVID-19 epidemic recovery period. In this complex economic environment, we published the Global Torque Wrench Market Status, Trends and COVID-19 Impact Report 2022, which provides a comprehensive analysis of the global Torque Wrench market , This Report covers the manufacturer data, including: sales volume, price, revenue, gross margin, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows the regional development status, including market size, volume and value, as well as price data. Besides, the report also covers segment data, including: type wise, industry wise, channel wise etc. all the data period is from 2016-2021, this report also provide forecast data from 2022-2027.
Market Overview
Manufacturer Detail
Snap-on (CDI)
Norbar
Proto
TONE
Tohnichi
Enerpac
TEKTON
FACOM
SATA Tools
Armstrong
Precision Instruments
Craftsman
Powermaster
Hytorc
Plarad
Mountz
K-Tool
Primo Tools
Park Tool
Jinan Hanpu
Region Segmentation
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Other)
Asia Pacific (China, Japan, India, Korea, Southeast Asia)
Europe (Germany, UK, France, Spain, Italy)
Middle East and Africa (Middle East, Africa)
Product Type Segmentation
Manual Torque Wrench
Pneumatic Torque Wrench
Electronic Torque Wrench
Application Segmentation
Automotive
Engineering and Construction
Shipping and Aerospace
Channel (Direct Sales, Distribution Channel) Segmentation
Table of Contents
Section 1 Torque Wrench Market Overview
1.1 Torque Wrench Market Scope
1.2 COVID-19 Impact on Torque Wrench Market
1.3 Global Torque Wrench Market Status and Forecast Overview
1.3.1 Global Torque Wrench Market Status 2016-2021
1.3.2 Global Torque Wrench Market Forecast 2022-2027
Section 2 Global Torque Wrench Market Manufacturer Share
2.1 Global Manufacturer Torque Wrench Sales Volume
2.2 Global Manufacturer Torque Wrench Business Revenue
Section 3 Manufacturer Torque Wrench Business Introduction
3.1 Snap-on (CDI) Torque Wrench Business Introduction
3.1.1 Snap-on (CDI) Torque Wrench Sales Volume, Price, Revenue and Gross margin 2016-2021
3.1.2 Snap-on (CDI) Torque Wrench Business Distribution by Region
3.1.3 Snap-on (CDI) Interview Record
3.1.4 Snap-on (CDI) Torque Wrench Business Profile
3.1.5 Snap-on (CDI) Torque Wrench Product Specification
3.2 Norbar Torque Wrench Business Introduction
3.2.1 Norbar Torque Wrench Sales Volume, Price, Revenue and Gross margin 2016-2021
3.2.2 Norbar Torque Wrench Business Distribution by Region
3.2.3 Interview Record
3.2.4 Norbar Torque Wrench Business Overview
3.2.5 Norbar Torque Wrench Product Specification
3.3 Manufacturer three Torque Wrench Business Introduction
3.3.1 Manufacturer three Torque Wrench Sales Volume, Price, Revenue and Gross margin 2016-2021
3.3.2 Manufacturer three Torque Wrench Business Distribution by Region
3.3.3 Interview Record
3.3.4 Manufacturer three Torque Wrench Business Overview
3.3.5 Manufacturer three Torque Wrench Product Specification
Section 4 Global Torque Wrench Market Segmentation (By Region)
4.1 North America Country
4.1.1 United States Torque Wrench Market Size and Price Analysis 2016-2021
4.1.2 Canada Torque Wrench Market Size and Price Analysis 2016-2021
4.1.3 Mexico Torque Wrench Market Size and Price Analysis 2016-2021
4.2 South America Country
4.2.1 Brazil Torque Wrench Market Size and Price Analysis 2016-2021
4.2.2 Argentina Torque Wrench Market Size and Price Analysis 2016-2021
4.3 Asia Pacific
4.3.1 China Torque Wrench Market Size and Price Analysis 2016-2021
4.3.2 Japan Torque Wrench Market Size and Price Analysis 2016-2021
4.3.3 India Torque Wrench Market Size and Price Analysis 2016-2021
4.3.4 Korea Torque Wrench Market Size and Price Analysis 2016-2021
4.3.5 Southeast Asia Torque Wrench Market Size and Price Analysis 2016-2021
4.4 Europe Country
4.4.1 Germany Torque Wrench Market Size and Price Analysis 2016-2021
4.4.2 UK Torque Wrench Market Size and Price Analysis 2016-2021
4.4.3 France Torque Wrench Market Size and Price Analysis 2016-2021
4.4.4 Spain Torque Wrench Market Size and Price Analysis 2016-2021
4.4.5 Italy Torque Wrench Market Size and Price Analysis 2016-2021
4.5 Middle East and Africa
4.5.1 Africa Torque Wrench Market Size and Price Analysis 2016-2021
4.5.2 Middle East Torque Wrench Market Size and Price Analysis 2016-2021
4.6 Global Torque Wrench Market Segmentation (By Region) Analysis 2016-2021
4.7 Global Torque Wrench Market Segmentation (By Region) Analysis
Section 5 Global Torque Wrench Market Segmentation (by Product Type)
5.1 Product Introduction by Type
5.1.1 Manual Torque Wrench Product Introduction
5.1.2 Pneumatic Torque Wrench Product Introduction
5.1.3 Electronic Torque Wrench Product Introduction
5.2 Global Torque Wrench Sales Volume by Pneumatic Torque Wrench016-2021
5.3 Global Torque Wrench Market Size by Pneumatic Torque Wrench016-2021
5.4 Different Torque Wrench Product Type Price 2016-2021
5.5 Global Torque Wrench Market Segmentation (By Type) Analysis
Section 6 Global Torque Wrench Market Segmentation (by Application)
6.1 Global Torque Wrench Sales Volume by Application 2016-2021
6.2 Global Torque Wrench Market Size by Application 2016-2021
6.2 Torque Wrench Price in Different Application Field 2016-2021
6.3 Global Torque Wrench Market Segmentation (By Application) Analysis
Section 7 Global Torque Wrench Market Segmentation (by Channel)
7.1 Global Torque Wrench Market Segmentation (By Channel) Sales Volume and Share 2016-2021
7.2 Global Torque Wrench Market Segmentation (By Channel) Analysis
Section 8 Torque Wrench Market Forecast 2022-2027
8.1 Torque Wrench Segmentation Market Forecast 2022-2027 (By Region)
8.2 Torque Wrench Segmentation Market Forecast 2022-2027 (By Type)
8.3 Torque Wrench Segmentation Market Forecast 2022-2027 (By Application)
8.4 Torque Wrench Segmentation Market Forecast 2022-2027 (By Channel)
8.5 Global Torque Wrench Price Forecast
Section 9 Torque Wrench Application and Client Analysis
9.1 Automotive Customers
9.2 Engineering and Construction Customers
9.3 Shipping and Aerospace Customers
Section 10 Torque Wrench Manufacturing Cost of Analysis
11.0 Raw Material Cost Analysis
11.0 Labor Cost Analysis
11.0 Cost Overview
Section 11 Conclusion
Section 12 Methodology and Data Source
Chart and Figure
Figure Torque Wrench Product Picture
Chart Global Torque Wrench Market Size (with or without the impact of COVID-19)
Chart Global Torque Wrench Sales Volume (Units) and Growth Rate 2016-2021
Chart Global Torque Wrench Market Size (Million $) and Growth Rate 2016-2021
Chart Global Torque Wrench Sales Volume (Units) and Growth Rate 2022-2027
Chart Global Torque Wrench Market Size (Million $) and Growth Rate 2022-2027
Chart 2016-2021 Global Manufacturer Torque Wrench Sales Volume (Units)
Chart 2016-2021 Global Manufacturer Torque Wrench Sales Volume Share
Chart 2016-2021 Global Manufacturer Torque Wrench Business Revenue (Million USD)
Chart 2016-2021 Global Manufacturer Torque Wrench Business Revenue Share
Chart Snap-on (CDI) Torque Wrench Sales Volume, Price, Revenue and Gross margin 2016-2021
Chart Snap-on (CDI) Torque Wrench Business Distribution
Chart Snap-on (CDI) Interview Record (Partly)
Chart Snap-on (CDI) Torque Wrench Business Profile
Table Snap-on (CDI) Torque Wrench Product Specification
Chart Norbar Torque Wrench Sales Volume, Price, Revenue and Gross margin 2016-2021
Chart Norbar Torque Wrench Business Distribution
Chart Norbar Interview Record (Partly)
Chart Norbar Torque Wrench Business Overview
Table Norbar Torque Wrench Product Specification
Chart United States Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart United States Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Canada Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Canada Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Mexico Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Mexico Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Brazil Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Brazil Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Argentina Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Argentina Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart China Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart China Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Japan Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Japan Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart India Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart India Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Korea Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Korea Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Southeast Asia Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Southeast Asia Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Germany Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Germany Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart UK Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart UK Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart France Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart France Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Spain Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Spain Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Italy Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Italy Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Africa Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Africa Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Middle East Torque Wrench Sales Volume (Units) and Market Size (Million $) 2016-2021
Chart Middle East Torque Wrench Sales Price (USD/Unit) 2016-2021
Chart Global Torque Wrench Market Segmentation Sales Volume (Units) by Region 2016-2021
Chart Global Torque Wrench Market Segmentation Sales Volume (Units) Share by Region 2016-2021
Chart Global Torque Wrench Market Segmentation Market size (Million $) by Region 2016-2021
Chart Global Torque Wrench Market Segmentation Market size (Million $) Share by Region 2016-2021
Chart Manual Torque Wrench Product Figure
Chart Manual Torque Wrench Product Description
Chart Pneumatic Torque Wrench Product Figure
Chart Pneumatic Torque Wrench Product Description
Chart Electronic Torque Wrench Product Figure
Chart Electronic Torque Wrench Product Description
Chart Torque Wrench Sales Volume (Units) by Pneumatic Torque Wrench016-2021
Chart Torque Wrench Sales Volume (Units) Share by Type
Chart Torque Wrench Market Size (Million $) by Pneumatic Torque Wrench016-2021
Chart Torque Wrench Market Size (Million $) Share by Pneumatic Torque Wrench016-2021
Chart Different Torque Wrench Product Type Price ($/Unit) 2016-2021
Chart Torque Wrench Sales Volume (Units) by Application 2016-2021
Chart Torque Wrench Sales Volume (Units) Share by Application
Chart Torque Wrench Market Size (Million $) by Application 2016-2021
Chart Torque Wrench Market Size (Million $) Share by Application 2016-2021
Chart Torque Wrench Price in Different Application Field 2016-2021
Chart Global Torque Wrench Market Segmentation (By Channel) Sales Volume (Units) 2016-2021
Chart Global Torque Wrench Market Segmentation (By Channel) Share 2016-2021
Chart Torque Wrench Segmentation Market Sales Volume (Units) Forecast (by Region) 2022-2027
Chart Torque Wrench Segmentation Market Sales Volume Forecast (By Region) Share 2022-2027
Chart Torque Wrench Segmentation Market Size (Million USD) Forecast (By Region) 2022-2027
Chart Torque Wrench Segmentation Market Size Forecast (By Region) Share 2022-2027
Chart Torque Wrench Market Segmentation (By Type) Volume (Units) 2022-2027
Chart Torque Wrench Market Segmentation (By Type) Volume (Units) Share 2022-2027
Chart Torque Wrench Market Segmentation (By Type) Market Size (Million $) 2022-2027
Chart Torque Wrench Market Segmentation (By Type) Market Size (Million $) 2022-2027
Chart Torque Wrench Market Segmentation (By Application) Market Size (Volume) 2022-2027
Chart Torque Wrench Market Segmentation (By Application) Market Size (Volume) Share 2022-2027
Chart Torque Wrench Market Segmentation (By Application) Market Size (Value) 2022-2027
Chart Torque Wrench Market Segmentation (By Application) Market Size (Value) Share 2022-2027
Chart Global Torque Wrench Market Segmentation (By Channel) Sales Volume (Units) 2022-2027
Chart Global Torque Wrench Market Segmentation (By Channel) Share 2022-2027
Chart Global Torque Wrench Price Forecast 2022-2027
Chart Automotive Customers
Chart Engineering and Construction Customers
Chart Shipping and Aerospace Customers