Industrial Automation Fuels Torque Gauge Market Expansion: A Key Driver Powering Torque Gauge Market Growth In 2025

The Torque Gauge Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Projected Growth of the Torque Gauge Market?
The scale of the torque gauge market has been expanding robustly in the past few years. A growth trajectory from $7.37 billion in 2024 to $7.92 billion in 2025, marking a compound annual growth rate (CAGR) of 7.5% is predicted. The expansion during the historic phase can be credited to factors like the escalation in industrial automation, growth in the manufacturing domain, emphasis on quality control, adherence to regulatory compliance, and rising production in the automotive industry.

The market for torque gauges is projected to witness significant expansion in the forthcoming years. It is anticipated to reach a size of $9.93 billion by 2029, growing at a compound annual growth rate (CAGR) of 5.8%. The predicted growth during the forecast period can be ascribed to the advent of industry 4.0 and smart manufacturing, rising acceptance of electric vehicles, the widening of the aerospace sector, a heightened focus on lightweight materials, and globalization of supply chains. Key trends projected for the forecast period include an increased need for portable torque gauges, digitalization and industry 4.0, emphasis on ergonomics and user interface, integration of augmented reality (AR) and virtual reality (VR), and progress in wireless technology.

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What Are the Different Torque Gauge Market Segments?
The torque gauge market covered in this report is segmented -

1) By Type: Digital Torque Gauges, Mechanical Torque Gauges, Electronic Torque Gauges, Other Types
2) By Product Type: Hand Held Torque Gauge, Table Top Torque Gauge
3) By End User: Automotive, Aerospace, Manufacturing, Electronics, Energy, Other End Users

Subsegments:
1) By Digital Torque Gauges: Portable Digital Torque Gauges, High-Precision Digital Torque Gauges, Wireless Digital Torque Gauges
2) By Mechanical Torque Gauges: Spring-Loaded Mechanical Torque Gauges, Dial-Type Mechanical Torque Gauges, Beam-Type Mechanical Torque Gauges
3) By Electronic Torque Gauges:, Electronic Torque Transducers, Digital Display Electronic Torque Gauges, Wireless Electronic Torque Gauges
4) By Other Types: Hydraulic Torque Gauges, Pneumatic Torque Gauges, Strain Gauge-based Torque Gauges

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What Are the Primary Drivers Shaping the Torque Gauge Market?
The advancements in industrial automation are poised to drive the growth of the torque gauge market. Industrial automation entails the use of cutting-edge technology to automate the various aspects of manufacturing, from handling materials to delivering the final product. The uptick in this process is due to its role in enhancing efficiency, boosting productivity, reducing costs, and providing scalability. Torque gauges play a critical part in industrial automation by ensuring the precision, reliability, and compliance of assembly processes. With their ability to deliver real-time torque readings and data analysis capabilities, they aid manufacturers in streamlining their production lines, preserving product quality, and reducing downtime and expensive mistakes. For instance, as per the International Federation of Robotics, a non-profit entity located in Germany, the number of robot units operational in factories across the globe in 2023 stood at 4,281,585 - a surge of 10% from the previous year. Additionally, annual installations exceeded half a million units for the third consecutive year. On a regional basis, Asia accounted for 70% of the newly installed robots in 2023, while Europe and America contributed 17% and 10% respectively. Hence, the rise in industrial automation is fueling the growth of the torque gauge market.

Which Companies Are Leading in the Torque Gauge Market?
Major companies operating in the torque gauge market are Mitsubishi Electric Automation Inc., Bosch Rexroth AG, Applied Measurements Limited, AMETEK Calibration Inc., Snap-on Incorporated, Hottinger Brüel & Kjær A/S, Sauter AG, Kistler Holding AG, SCHUNK Intec Inc., VOGT GmbH, Desoutter Industrial Tools, Industrial Physics LLC, Mecmesin Ltd., Extech Instruments, Mountz Inc., Futek Advanced Sensor Technology Inc., Toledo Transducers Inc., IMADA Inc., Mark-10 Corporation, Norbar Torque Tools Ltd., Datum Electronics Ltd., Insize Co. Ltd., Checkline Europe B.V, HT Instruments, Sturtevant Richmont

What Are the Major Trends Shaping the Torque Gauge Market?
Leading enterprises in the torque gauge market are putting their emphasis on inventive enhancements such as the B-RAD X, a torque wrench range powered by a battery. This innovation makes use of a rechargeable battery for its energy needs, thereby excluding the requirement for electric or pneicmatic power sources. Specifically, RAD Torque Systems, a company headquartered in Canada and known for its electronic pistol grip torque wrenches, unveiled the much-awaited B-RAD X in June 2023. This battery-driven torque wrench series possesses the capability to torque up to 11,000 ft. lbs. (15,000 Nm). It is integrated with a revamped anti-fatigue trigger switch, a common handguard for boosted operator security, and a safety measure in the form of a two-hand start option. Moreover, the series is engineered to ensure precision, efficiency, and mobility in fastening bolts at remote sites.

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What Are the Top Revenue-Generating Geographies in the Torque Gauge Market?
Asia-Pacific was the largest region in the torque gauge market in 2024. The regions covered in the torque gauge market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Torque Gauge Market?
2. What is the CAGR expected in the Torque Gauge Market?
3. What Are the Key Innovations Transforming the Torque Gauge Industry?
4. Which Region Is Leading the Torque Gauge Market?

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