PUBLISHER: The Business Research Company | PRODUCT CODE: 1695182
PUBLISHER: The Business Research Company | PRODUCT CODE: 1695182
A torque tester is a quality control device used for testing or calibrating torque-controlled tools, measuring torque, and converting it into an electrical output signal. It plays a crucial role in calibrating torque tools to ensure their accuracy and reliability, helping to maintain consistent torque levels and prevent under or over-tightening of fasteners.
The primary types of torque testers include digital torque testers and manual torque testers. Digital torque testers are transducers that measure torque and generate electrical signals. Products in this category include torque gauges, torque testers, torque calibrators, torque meters, and screwdriver torque testers, offering various functions such as electric, hydraulic, mechanical, and pneumatic. These devices come in different modalities, including handheld, portable, and benchtop, and find applications in industries such as electrical, automotive, machinery manufacturing, and others.
The torque testers market research report is one of a series of new reports from The Business Research Company that provides torque testers market statistics, including torque testers industry global market size, regional shares, competitors with a torque testers market share, detailed torque testers market segments, market trends and opportunities, and any further data you may need to thrive in the torque testers industry. This torque testers market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The torque tester market size has grown strongly in recent years. It will grow from $8.61 billion in 2024 to $9.33 billion in 2025 at a compound annual growth rate (CAGR) of 8.3%. The growth in the historic period can be attributed to automotive industry demand, quality control and assurance, regulatory compliance, expansion of manufacturing sector, increasing automation in industries.
The torque tester market size is expected to see strong growth in the next few years. It will grow to $12.49 billion in 2029 at a compound annual growth rate (CAGR) of 7.6%. The growth in the forecast period can be attributed to rise in electric vehicle manufacturing, globalization of supply chains, miniaturization in electronics, focus on sustainability, increased adoption in aerospace and defense. Major trends in the forecast period include advancements in calibration technologies, industry 4.0 integration, technological advancements, focus on ergonomics and user-friendly design, advancements in wireless torque testing.
The anticipated growth in the demand for energy generation is set to drive the expansion of the torque tester market. Energy generation involves the conversion of various forms of energy into electrical energy, primarily achieved through electricity-only plants and combined heat and power plants. Torque testers play a crucial role in energy generation by ensuring the correct torque tightness of bolts and nuts holding critical components together. For example, as reported by the Energy Information Administration, the net generation of electricity from utility-scale generators in the US reached approximately 4,243 billion kilowatt hours (kWh) in 2022, with 60% of utility-scale electricity generation stemming from fossil fuels. Additionally, Exxon Mobil Corporation forecasts that global energy demand will reach 660 quadrillion Btu in 2050, reflecting a 15% increase from 2021. This surge in energy demand propels the growth of the torque tester market.
The rising demand from the automotive industry is anticipated to drive the growth of the torque tester market in the coming years. The automotive industry is a broad sector that includes numerous firms and organizations involved in the development, advancement, production, marketing, sales, maintenance, and customization of motor vehicles. Many automotive manufacturers utilize in-vehicle torque detectors to measure engine torque and calibrate automatic transmissions. For example, in May 2023, the European Automobile Manufacturers Association (ACEA), an organization based in Italy that represents major European motor vehicle manufacturers, reported that global motor vehicle production reached 85.4 million units in 2022, reflecting a 5.7% increase compared to 2021's production figures. Thus, the increasing demand from the automotive industry is propelling the torque tester market.
Key players in the torque tester market are concentrating on the development of innovative products, such as preset torque screwdrivers, to offer reliable services to their customers. Preset torque screwdrivers are equipped with preset torque values to ensure the correct application of torque to fasteners. For example, Sturtevant Richmont introduced the BP-Series Torque Drivers in April 2022. These torque drivers feature anti-backlash technology to reduce negative torque and offer smooth rotation, requiring only 18 degrees of turn to achieve the target torque. The bi-directional versatility and ergonomic grip make it user-friendly, preventing over-torquing of fasteners.
In November 2023, TOYO Corporation, a leading provider of advanced measurement solutions based in Japan, acquired Rototest International AB for an undisclosed sum. This acquisition supports TOYO's strategy to improve its capabilities in automotive testing technology. Rototest, based in Sweden, specializes in developing hub-coupled powertrain dynamometers, which are crucial for measuring mechanical parameters like power, torque, and speed at the drive wheels of vehicles.
Major companies operating in the torque tester market report are Crane Electronics Group Limited, Shimpo International, Kistler Group, Transcat Inc., Bahco Group AB, Burke E. Porter Machinery Company, Tecnogi S.p.A., Sakor Technologies Inc., Warren & Brown Tools, FUTEK Advanced Sensor Technology Inc., Gedore-Torque Ltd., Mountz Inc., PCE Instruments UK Limited, Yokota Industrial Co. Ltd., Imada Inc., Labthink International Inc., Norbar Torque Tools Ltd., Mecmesin Limited, Alluris GmbH & Co. KG, Mark-10 Corporation, Access SecurePak, Sturtevant Richmont, SA Meier Co of Milwaukee Inc., Van F. BELKNAP Co. Inc., Wenzhou Sundoo Instruments Co. Ltd.
North America was the largest region in the torque tester market in 2024. The regions covered in the torque tester market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
The countries covered in the torque tester market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
The torque tester market consists of revenues earned by entities by providing services such as calibration, repair and maintenance, verification, and measuring the output. The market value includes the value of related goods sold by the service provider or included within the service offering. The torque tester market consists of sales of motorized torque testers, computer-controlled torque test systems, torque sensors, and transducers. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
Torque Tester Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on torque tester market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Where is the largest and fastest growing market for torque tester ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The torque tester market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
The forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.