Torque Gauge Market Poised to Hit $9.93 Billion by 2029 with Accelerating Growth Trends

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Torque Gauge Market Size Growth Forecast: What to Expect by 2025?
The size of the torque gauge market has significantly increased in the past few years. It is projected to escalate from $7.37 billion in 2024 to $7.92 billion in 2025, with a compound annual growth rate (CAGR) of 7.5%. Factors such as the growth of industrial automation, the expansion of the manufacturing sector, an emphasis on quality control, regulatory compliance, and a surge in automotive production have contributed to this historic period growth.

How Will the Torque Gauge Market Size Evolve and Grow by 2029?
Expectations are high for robust expansion in the torque gauge market over the coming years. By 2029, the market could be worth up to $9.93 billion, indicating a compound annual growth rate (CAGR) of 5.8%. This predicted growth for the forecasted period is linked to factors such as Industry 4.0 and smart manufacturing, the rising popularity of electric vehicles, growth in the aerospace sector, a heightened focus on lightweight materials, and the globalization of supply chains. Furthermore, the expected trends showing prominence during the forecast period include an increase in demand for portable torque gauges, advancement towards digitalization and Industry 4.0, attention to ergonomics and user interface, the integration of augmented reality (AR) and virtual reality (VR), and improvements in wireless technology.

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What Drivers Are Propelling the Growth of Torque Gauge Market Forward?
The expansion of the torque gauge market is anticipated to be fueled by increased industrial automation. Industrial automation comprises the use of cutting-edge technology to mechanize various phases of the production process, from handling materials to delivering the final product. This development arises due to factors such as efficiency, productivity, cost efficiency, flexibility, and scalability. Torque gauges play a crucial role in industrial automation for validating the precision, dependability, and adherence to standards during assembly processes. They provide on-the-spot torque measurements and data assessment features that assist manufacturers in enhancing their assembly lines, preserving product standard, and reduce downtime & expensive errors. For example, as per the records of the International Federation of Robotics, a non-profit organization based in Germany, 4,281,585 robot units were active in factories all over the world in 2023, indicating a 10% growth. Annual installation exceeded half a million units for the third consecutive year. Seventy percent of the robots installed in 2023 were situated in Asia, followed by 17% in Europe and 10% in the America. Thus, the upswing in industrial automation stimulates the growth of the torque gauge market.

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Which Emerging Trends Are Transforming the Torque Gauge Market in 2025?
Prominent firms in the torque gauge market are centering their efforts on inventive progressions such as the B-RAD X, a battery-operated torque wrench series. This wrench operates on a rechargeable battery, thus making pneumatic or electric power sources redundant. For example, RAD Torque Systems, a digital pistol grip torque wrench manufacturer based in Canada, introduced the much-awaited B-RAD X in June 2023. This battery-operated torque wrench series can torque up to 11,000 ft. lbs. (15,000 Nm). It comes with a restructured anti-fatigue trigger switch, a default handguard for extra operator defense, and a two-handed start option for safety measures. Furthermore, this series is specifically built to offer portability and strength for securing bolts in remote locations with precision and speed.

What Are the Key Segments in the Torque Gauge Market?
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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Who Are the Key Players Shaping the Torque Gauge Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth 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.

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