The torque gauge market is anticipated to grow from USD 6.9 Billion in 2022 to USD 12.7 Billion by 2032, at a compound annual growth rate (CAGR) of 6.3% between 2022 and 2032. As of 2021, the market value of torque gauge was valued at USD 6.6 Billion and is forecast to register a Y-o-Y growth rate of 4.5% by 2022.
Torque gauges are measuring instruments that are used in all manufacturing industries to measure torque during a test or manufacturing process. Torque gauges are also known as quality control devices because they are commonly used to maintain the quality of the end product.
| Report Attribute | Details |
|---|---|
| Estimated Base Year Value (2021) | USD 6.6 Billion |
| Expected Market Value (2022) | USD 6.9 Billion |
| Anticipated Forecast Value (2032) | USD 12.7 Billion |
| Projected Growth Rate (2022 to 2032) | 6.3% CAGR |
Torque gauges are used in a variety of settings, including laboratories, research and development, and quality production in the field. These products have a long life span, are simple to use, and are extremely dependable. The expansion of the torque gauge market is entirely dependent on industrialization.
As a result, product innovation and development are the primary strategies employed by market participants in the torque gauge market. Furthermore, due to the large number of players in the global market, the torque gauge market is highly competitive and fragmented.
Increasing manufacturing hubs around the world to meet rising demand is expected to drive torque gauge demand in the global market during the forecast period. Furthermore, torque gauge manufacturers in the global market are highly focused on product innovation in order to compete with new vendors in the market.
The global torque gauge market is being driven primarily by industrialization. The rapid establishment of manufacturing units around the world will create a demand for new torque gauges. Furthermore, the benefits provided by torque gauges, such as maintaining the quality of the end product, will create significant demand for torque gauges in the future.
During the forecast period, the North America Torque gauge Market is expected to grow at a CAGR of 6.5% until 2032. The commercial sector's adoption of torque gauges is expected to accelerate rapidly over the forecast period. High installation costs, on the other hand, are likely to stymie global market growth. The commercial sector evaluates and measures the demand for torque gauges based on the effects of drivers, constraints, and opportunities.
The USA has emerged as the fastest technology adopter, resulting in the exponential growth of electronic devices, upcoming automotive technologies such as healthcare monitoring systems, electric & hybrid vehicles, and others. Torque gauge that sales in the USA are increasing as the country's disposable income rises. Furthermore, growth in the semiconductor industry, as well as an increase in advanced system trends across industries, is driving growth in the USA torque gauge market.
The Asia Pacific region is expected to dominate the global torque gauge market. This can be attributed to the region's rapid industrialization, which is primarily due to the healthy growing economies of China and India. A torque tester is a quality control device that is required in all industries to maintain the quality of their work.
During the forecast period, the Asia Pacific Torque gauge Market would grow at a 7.8% CAGR. The Torque gauge market is being driven by the increasing adoption of rotary torque gauges in industrial automation, as well as the increasing demand for torque gauges from the robotics sector.
Because of growing environmental concerns, the transition from hydraulic to electric power steering systems increases the demand for torque gauges. The widespread use of torque gauges in a variety of end-user industries contributes to the market's expansion in the Asia Pacific.
To gain a significant market share in the global torque gauge market, manufacturers are heavily investing in product development. To compete with other manufacturers, a variety of products have been launched in the market, such as wireless torque gauges, battery-powered torque gauges, rechargeable torque gauges, and so on. Furthermore, the following are some of the market players involved in the development and sale of torque gauges:
| Report Attribute | Details |
|---|---|
| Growth Rate | CAGR of 6.3% from 2022 to 2032 |
| Market Value in 2022 | USD 6.9 Billion |
| Market Value in 2032 | USD 12.7 Billion |
| Base Year for Estimation | 2021 |
| Historical Data | 2015 to 2021 |
| Forecast Period | 2022 to 2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons, and CAGR from 2022 to 2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends, and Pricing Analysis |
| Segments Covered | Product Type, Mode of Operation, Application, Region |
| Regions Covered | North America; Latin America; Europe; East Asia; South Asia & Pacific; Middle East and Africa |
| Key Countries Profiled | USA, Canada, Brazil, Mexico, Germany, United Kingdom, France, Spain, Italy, BENELUX, Russia, Australia & New Zealand, China, Japan, South Korea, India, ASIAN, GCC Countries, South Africa, Turkey |
| Key Companies Profiled | WEBER Schraubautomaten GmbH; Crown Oilfield Instrumentation; Snap-on Incorporated; SUPER TOOL co. ltd.; Tohnichi America Corporation; Scientific Industries, Inc.; IMADA CO.LTD.; Mark-10 Corporation; OMEGA Engineering; Com-Ten Industries; IMADA, Incorporated; PCE Deutschland GmbH; ELECTROMATIC Equip't Co., Inc.; Flexible Assembly Systems Inc. |
| Customization | Available Upon Request |
Table 1: Global Market Value (US$ Million) Forecast by Region, 2017 to 2032
Table 2: Global Market Volume (Units) Forecast by Region, 2017 to 2032
Table 3: Global Market Value (US$ Million) Forecast by Product Type, 2017 to 2032
Table 4: Global Market Volume (Units) Forecast by Product Type, 2017 to 2032
Table 5: Global Market Value (US$ Million) Forecast by Mode of Operation, 2017 to 2032
Table 6: Global Market Volume (Units) Forecast by Mode of Operation, 2017 to 2032
Table 7: Global Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 8: Global Market Volume (Units) Forecast by Application, 2017 to 2032
Table 9: North America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 10: North America Market Volume (Units) Forecast by Country, 2017 to 2032
Table 11: North America Market Value (US$ Million) Forecast by Product Type, 2017 to 2032
Table 12: North America Market Volume (Units) Forecast by Product Type, 2017 to 2032
Table 13: North America Market Value (US$ Million) Forecast by Mode of Operation, 2017 to 2032
Table 14: North America Market Volume (Units) Forecast by Mode of Operation, 2017 to 2032
Table 15: North America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 16: North America Market Volume (Units) Forecast by Application, 2017 to 2032
Table 17: Latin America Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 18: Latin America Market Volume (Units) Forecast by Country, 2017 to 2032
Table 19: Latin America Market Value (US$ Million) Forecast by Product Type, 2017 to 2032
Table 20: Latin America Market Volume (Units) Forecast by Product Type, 2017 to 2032
Table 21: Latin America Market Value (US$ Million) Forecast by Mode of Operation, 2017 to 2032
Table 22: Latin America Market Volume (Units) Forecast by Mode of Operation, 2017 to 2032
Table 23: Latin America Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 24: Latin America Market Volume (Units) Forecast by Application, 2017 to 2032
Table 25: Europe Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 26: Europe Market Volume (Units) Forecast by Country, 2017 to 2032
Table 27: Europe Market Value (US$ Million) Forecast by Product Type, 2017 to 2032
Table 28: Europe Market Volume (Units) Forecast by Product Type, 2017 to 2032
Table 29: Europe Market Value (US$ Million) Forecast by Mode of Operation, 2017 to 2032
Table 30: Europe Market Volume (Units) Forecast by Mode of Operation, 2017 to 2032
Table 31: Europe Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 32: Europe Market Volume (Units) Forecast by Application, 2017 to 2032
Table 33: East Asia Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 34: East Asia Market Volume (Units) Forecast by Country, 2017 to 2032
Table 35: East Asia Market Value (US$ Million) Forecast by Product Type, 2017 to 2032
Table 36: East Asia Market Volume (Units) Forecast by Product Type, 2017 to 2032
Table 37: East Asia Market Value (US$ Million) Forecast by Mode of Operation, 2017 to 2032
Table 38: East Asia Market Volume (Units) Forecast by Mode of Operation, 2017 to 2032
Table 39: East Asia Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 40: East Asia Market Volume (Units) Forecast by Application, 2017 to 2032
Table 41: South Asia & Pacific Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 42: South Asia & Pacific Market Volume (Units) Forecast by Country, 2017 to 2032
Table 43: South Asia & Pacific Market Value (US$ Million) Forecast by Product Type, 2017 to 2032
Table 44: South Asia & Pacific Market Volume (Units) Forecast by Product Type, 2017 to 2032
Table 45: South Asia & Pacific Market Value (US$ Million) Forecast by Mode of Operation, 2017 to 2032
Table 46: South Asia & Pacific Market Volume (Units) Forecast by Mode of Operation, 2017 to 2032
Table 47: South Asia & Pacific Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 48: South Asia & Pacific Market Volume (Units) Forecast by Application, 2017 to 2032
Table 49: MEA Market Value (US$ Million) Forecast by Country, 2017 to 2032
Table 50: MEA Market Volume (Units) Forecast by Country, 2017 to 2032
Table 51: MEA Market Value (US$ Million) Forecast by Product Type, 2017 to 2032
Table 52: MEA Market Volume (Units) Forecast by Product Type, 2017 to 2032
Table 53: MEA Market Value (US$ Million) Forecast by Mode of Operation, 2017 to 2032
Table 54: MEA Market Volume (Units) Forecast by Mode of Operation, 2017 to 2032
Table 55: MEA Market Value (US$ Million) Forecast by Application, 2017 to 2032
Table 56: MEA Market Volume (Units) Forecast by Application, 2017 to 2032
Figure 1: Global Market Value (US$ Million) by Product Type, 2022 to 2032
Figure 2: Global Market Value (US$ Million) by Mode of Operation, 2022 to 2032
Figure 3: Global Market Value (US$ Million) by Application, 2022 to 2032
Figure 4: Global Market Value (US$ Million) by Region, 2022 to 2032
Figure 5: Global Market Value (US$ Million) Analysis by Region, 2017 to 2032
Figure 6: Global Market Volume (Units) Analysis by Region, 2017 to 2032
Figure 7: Global Market Value Share (%) and BPS Analysis by Region, 2022 to 2032
Figure 8: Global Market Y-o-Y Growth (%) Projections by Region, 2022 to 2032
Figure 9: Global Market Value (US$ Million) Analysis by Product Type, 2017 to 2032
Figure 10: Global Market Volume (Units) Analysis by Product Type, 2017 to 2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 13: Global Market Value (US$ Million) Analysis by Mode of Operation, 2017 to 2032
Figure 14: Global Market Volume (Units) Analysis by Mode of Operation, 2017 to 2032
Figure 15: Global Market Value Share (%) and BPS Analysis by Mode of Operation, 2022 to 2032
Figure 16: Global Market Y-o-Y Growth (%) Projections by Mode of Operation, 2022 to 2032
Figure 17: Global Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 18: Global Market Volume (Units) Analysis by Application, 2017 to 2032
Figure 19: Global Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 20: Global Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 21: Global Market Attractiveness by Product Type, 2022 to 2032
Figure 22: Global Market Attractiveness by Mode of Operation, 2022 to 2032
Figure 23: Global Market Attractiveness by Application, 2022 to 2032
Figure 24: Global Market Attractiveness by Region, 2022 to 2032
Figure 25: North America Market Value (US$ Million) by Product Type, 2022 to 2032
Figure 26: North America Market Value (US$ Million) by Mode of Operation, 2022 to 2032
Figure 27: North America Market Value (US$ Million) by Application, 2022 to 2032
Figure 28: North America Market Value (US$ Million) by Country, 2022 to 2032
Figure 29: North America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 30: North America Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 33: North America Market Value (US$ Million) Analysis by Product Type, 2017 to 2032
Figure 34: North America Market Volume (Units) Analysis by Product Type, 2017 to 2032
Figure 35: North America Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 36: North America Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 37: North America Market Value (US$ Million) Analysis by Mode of Operation, 2017 to 2032
Figure 38: North America Market Volume (Units) Analysis by Mode of Operation, 2017 to 2032
Figure 39: North America Market Value Share (%) and BPS Analysis by Mode of Operation, 2022 to 2032
Figure 40: North America Market Y-o-Y Growth (%) Projections by Mode of Operation, 2022 to 2032
Figure 41: North America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 42: North America Market Volume (Units) Analysis by Application, 2017 to 2032
Figure 43: North America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 44: North America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 45: North America Market Attractiveness by Product Type, 2022 to 2032
Figure 46: North America Market Attractiveness by Mode of Operation, 2022 to 2032
Figure 47: North America Market Attractiveness by Application, 2022 to 2032
Figure 48: North America Market Attractiveness by Country, 2022 to 2032
Figure 49: Latin America Market Value (US$ Million) by Product Type, 2022 to 2032
Figure 50: Latin America Market Value (US$ Million) by Mode of Operation, 2022 to 2032
Figure 51: Latin America Market Value (US$ Million) by Application, 2022 to 2032
Figure 52: Latin America Market Value (US$ Million) by Country, 2022 to 2032
Figure 53: Latin America Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 57: Latin America Market Value (US$ Million) Analysis by Product Type, 2017 to 2032
Figure 58: Latin America Market Volume (Units) Analysis by Product Type, 2017 to 2032
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 61: Latin America Market Value (US$ Million) Analysis by Mode of Operation, 2017 to 2032
Figure 62: Latin America Market Volume (Units) Analysis by Mode of Operation, 2017 to 2032
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Mode of Operation, 2022 to 2032
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Mode of Operation, 2022 to 2032
Figure 65: Latin America Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 66: Latin America Market Volume (Units) Analysis by Application, 2017 to 2032
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 69: Latin America Market Attractiveness by Product Type, 2022 to 2032
Figure 70: Latin America Market Attractiveness by Mode of Operation, 2022 to 2032
Figure 71: Latin America Market Attractiveness by Application, 2022 to 2032
Figure 72: Latin America Market Attractiveness by Country, 2022 to 2032
Figure 73: Europe Market Value (US$ Million) by Product Type, 2022 to 2032
Figure 74: Europe Market Value (US$ Million) by Mode of Operation, 2022 to 2032
Figure 75: Europe Market Value (US$ Million) by Application, 2022 to 2032
Figure 76: Europe Market Value (US$ Million) by Country, 2022 to 2032
Figure 77: Europe Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 78: Europe Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 81: Europe Market Value (US$ Million) Analysis by Product Type, 2017 to 2032
Figure 82: Europe Market Volume (Units) Analysis by Product Type, 2017 to 2032
Figure 83: Europe Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 85: Europe Market Value (US$ Million) Analysis by Mode of Operation, 2017 to 2032
Figure 86: Europe Market Volume (Units) Analysis by Mode of Operation, 2017 to 2032
Figure 87: Europe Market Value Share (%) and BPS Analysis by Mode of Operation, 2022 to 2032
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Mode of Operation, 2022 to 2032
Figure 89: Europe Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 90: Europe Market Volume (Units) Analysis by Application, 2017 to 2032
Figure 91: Europe Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 93: Europe Market Attractiveness by Product Type, 2022 to 2032
Figure 94: Europe Market Attractiveness by Mode of Operation, 2022 to 2032
Figure 95: Europe Market Attractiveness by Application, 2022 to 2032
Figure 96: Europe Market Attractiveness by Country, 2022 to 2032
Figure 97: East Asia Market Value (US$ Million) by Product Type, 2022 to 2032
Figure 98: East Asia Market Value (US$ Million) by Mode of Operation, 2022 to 2032
Figure 99: East Asia Market Value (US$ Million) by Application, 2022 to 2032
Figure 100: East Asia Market Value (US$ Million) by Country, 2022 to 2032
Figure 101: East Asia Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 102: East Asia Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 103: East Asia Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 104: East Asia Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 105: East Asia Market Value (US$ Million) Analysis by Product Type, 2017 to 2032
Figure 106: East Asia Market Volume (Units) Analysis by Product Type, 2017 to 2032
Figure 107: East Asia Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 108: East Asia Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 109: East Asia Market Value (US$ Million) Analysis by Mode of Operation, 2017 to 2032
Figure 110: East Asia Market Volume (Units) Analysis by Mode of Operation, 2017 to 2032
Figure 111: East Asia Market Value Share (%) and BPS Analysis by Mode of Operation, 2022 to 2032
Figure 112: East Asia Market Y-o-Y Growth (%) Projections by Mode of Operation, 2022 to 2032
Figure 113: East Asia Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 114: East Asia Market Volume (Units) Analysis by Application, 2017 to 2032
Figure 115: East Asia Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 116: East Asia Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 117: East Asia Market Attractiveness by Product Type, 2022 to 2032
Figure 118: East Asia Market Attractiveness by Mode of Operation, 2022 to 2032
Figure 119: East Asia Market Attractiveness by Application, 2022 to 2032
Figure 120: East Asia Market Attractiveness by Country, 2022 to 2032
Figure 121: South Asia & Pacific Market Value (US$ Million) by Product Type, 2022 to 2032
Figure 122: South Asia & Pacific Market Value (US$ Million) by Mode of Operation, 2022 to 2032
Figure 123: South Asia & Pacific Market Value (US$ Million) by Application, 2022 to 2032
Figure 124: South Asia & Pacific Market Value (US$ Million) by Country, 2022 to 2032
Figure 125: South Asia & Pacific Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 126: South Asia & Pacific Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 127: South Asia & Pacific Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 128: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 129: South Asia & Pacific Market Value (US$ Million) Analysis by Product Type, 2017 to 2032
Figure 130: South Asia & Pacific Market Volume (Units) Analysis by Product Type, 2017 to 2032
Figure 131: South Asia & Pacific Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 132: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 133: South Asia & Pacific Market Value (US$ Million) Analysis by Mode of Operation, 2017 to 2032
Figure 134: South Asia & Pacific Market Volume (Units) Analysis by Mode of Operation, 2017 to 2032
Figure 135: South Asia & Pacific Market Value Share (%) and BPS Analysis by Mode of Operation, 2022 to 2032
Figure 136: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Mode of Operation, 2022 to 2032
Figure 137: South Asia & Pacific Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 138: South Asia & Pacific Market Volume (Units) Analysis by Application, 2017 to 2032
Figure 139: South Asia & Pacific Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 140: South Asia & Pacific Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 141: South Asia & Pacific Market Attractiveness by Product Type, 2022 to 2032
Figure 142: South Asia & Pacific Market Attractiveness by Mode of Operation, 2022 to 2032
Figure 143: South Asia & Pacific Market Attractiveness by Application, 2022 to 2032
Figure 144: South Asia & Pacific Market Attractiveness by Country, 2022 to 2032
Figure 145: MEA Market Value (US$ Million) by Product Type, 2022 to 2032
Figure 146: MEA Market Value (US$ Million) by Mode of Operation, 2022 to 2032
Figure 147: MEA Market Value (US$ Million) by Application, 2022 to 2032
Figure 148: MEA Market Value (US$ Million) by Country, 2022 to 2032
Figure 149: MEA Market Value (US$ Million) Analysis by Country, 2017 to 2032
Figure 150: MEA Market Volume (Units) Analysis by Country, 2017 to 2032
Figure 151: MEA Market Value Share (%) and BPS Analysis by Country, 2022 to 2032
Figure 152: MEA Market Y-o-Y Growth (%) Projections by Country, 2022 to 2032
Figure 153: MEA Market Value (US$ Million) Analysis by Product Type, 2017 to 2032
Figure 154: MEA Market Volume (Units) Analysis by Product Type, 2017 to 2032
Figure 155: MEA Market Value Share (%) and BPS Analysis by Product Type, 2022 to 2032
Figure 156: MEA Market Y-o-Y Growth (%) Projections by Product Type, 2022 to 2032
Figure 157: MEA Market Value (US$ Million) Analysis by Mode of Operation, 2017 to 2032
Figure 158: MEA Market Volume (Units) Analysis by Mode of Operation, 2017 to 2032
Figure 159: MEA Market Value Share (%) and BPS Analysis by Mode of Operation, 2022 to 2032
Figure 160: MEA Market Y-o-Y Growth (%) Projections by Mode of Operation, 2022 to 2032
Figure 161: MEA Market Value (US$ Million) Analysis by Application, 2017 to 2032
Figure 162: MEA Market Volume (Units) Analysis by Application, 2017 to 2032
Figure 163: MEA Market Value Share (%) and BPS Analysis by Application, 2022 to 2032
Figure 164: MEA Market Y-o-Y Growth (%) Projections by Application, 2022 to 2032
Figure 165: MEA Market Attractiveness by Product Type, 2022 to 2032
Figure 166: MEA Market Attractiveness by Mode of Operation, 2022 to 2032
Figure 167: MEA Market Attractiveness by Application, 2022 to 2032
Figure 168: MEA Market Attractiveness by Country, 2022 to 2032
FMI projects the global Torque gauge market to expand at a 6.3% value CAGR by 2032
Asia Pacific is expected to be the most opportunistic Torque gauge market, expanding at a 7.8% CAGR
WEBER Schraubautomaten GmbH, Crown Oilfield Instrumentation, and Snap-on Incorporated are some prominent torque gauge manufacturers.
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