Leading Growth Driver in the Torque Tester Market in 2025: Energy Generation-Driven Growth In The Torque Tester Market Driver's Influence

What Are the Market Size and Growth Forecast for the Torque Tester Market?
The market size for torque testers has seen robust growth in the past few years. The market is expected to increase from $8.61 billion in 2024 to $9.33 billion in 2025, marking a compound annual growth rate (CAGR) of 8.3%. A number of factors contributed to the growth during the historic period, including demand from the automotive sector, a focus on quality control and assurance, regulatory adherence, growth of the manufacturing sector, and a rise in industrial automation.

In the coming years, the torque tester market is projected to experience notable growth, reaching a market size of $12.49 billion in 2029, growing at a compound annual growth rate of 7.6%. This expected growth within the forecast period can be linked to factors such as the upswing in electric vehicle production, the globalization of supply chains, the miniaturization of electronics, a greater emphasis on sustainability, and a rising adoption rate in the aerospace and defense sectors. The forecast period will also witness key trends, including advances in calibration technologies, integration with Industry 4.0, technological progress, a central focus on ergonomics and user-friendly design, and the development of wireless torque testing technologies.

What Is Contributing to the Growth of the Torque Tester Market?
The torque tester market is expected to grow, driven by the escalating demand for energy production. Energy production is the conversion of various energy forms into electrical energy, primarily produced in electricity-only facilities and combined heat and power plants. Torque testers play a crucial role in this process, verifying that critical component fasteners, such as bolts and nuts, are accurately tightened. The Energy Information Administration stated in June 2023 that in the USA, generation of electricity from utility-scale generators topped approximately 4,243 billion kilowatt hours (kWh) in 2022, with fossil fuels accounting for 60% of utility-scale electricity generation. In addition, Exxon Mobil Corporation forecasted in August 2023 that global energy demand would rise by 15% from 2021 levels to reach 660 quadrillion Btu in 2050. As such, the mounting demand for energy production fuels the expansion of the torque tester market. The torque tester market also stands to benefit from the burgeoning demand within the automotive sector. Spanning a broad range of companies and organizations committed to the development, manufacture, marketing, sale, maintenance, and customization of motor vehicles, the automotive industry often employs in-vehicle torque sensors for engine torque mapping and automatic transmission calibration. In May 2023, the European Automobile Manufacturers Association cited 2022 global vehicle output at 85.4 million units, up 5.7% from 2021. Thus, the accelerating demand from the automotive industry is propelling the torque tester market.

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Which Key Market Leaders Are Driving Torque Tester Industry Growth?
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.

What Are the Emerging Trends in the Torque Tester Industry?
Prominent players in the torque tester market are prioritising the creation of innovative goods, such as preset torque screwdrivers, to provide dependable services to their clients. The preset torque screwdriver is a unique type of torque screwdriver that has a predetermined torque figure for applying the correct torque to a fixing element. For example, Sturtevant Richmont, a torque tools and testers manufacturer based in the US, launched the BP-Series Torque Drivers in April 2022. Enhanced with unique anti-backlash technology, the new product can mitigate the harmful torque transferred to the fixing element, requiring only an 18 degree rotation to achieve the desired torque. It's noted for its bidirectional versatility, ergonomically-friendly and comfortable grip which offer increased control in reaching the desired torque. Furthermore, it has an automatic clutch release to avoid over-torque on the fasteners when the grip is rotated.

What Are the Main Segments in the Torque Tester Market?
The torque tester market covered in this report is segmented -

1) By Type: Digital Torque Testers, Manual Torque Testers
2) By Product Type: Torque Gauges, Torque Testers, Torque Calibrators, Torque Meter, Screwdrivers Torque Testers
3) By Function Type: Electric, Hydraulic, Mechanical, Pneumatic
4) By Modularity: Handheld, Portable, Bench Top
5) By Industry: Electrical, Automobile, Machinery Manufacturing, Other Industries

Subsegments:
1) By Digital Torque Testers: Handheld Digital Torque Testers, Tabletop Digital Torque Testers
2) By Manual Torque Testers: Beam-Type Torque Testers, Click-Type Torque Testers

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Which Geographic Area Leads the Torque Tester Market?
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

What Is Covered In The Torque Tester Global Market Report?

- Market Size Analysis: Analyze the Torque Tester Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Torque Tester Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Torque Tester Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Torque Tester Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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