Electric Torque Tools Market Size, Share & Trends Analysis Report By End Use (Automotive & Transportation, Aerospace & Defense), By Product (Corded, Cordless), By Region, And Segment Forecasts, 2025 - 2033
Description
Electric Torque Tools Market Summary
Increasing industrial activities in these domains drive the demand for precise and efficient torque tools, pivotal in assembly and fastening applications. The market benefits from growing industrialization and the need for high-quality tools to maintain safety and performance standards, especially in countries with robust manufacturing bases.
Technological advancements in the electric torque tools themselves also fuel market growth. Innovations include improvements in battery technology, smart features such as real-time torque monitoring, and ergonomic cordless designs that enhance user efficiency while reducing operator fatigue and errors. These advancements meet the increasing demand for precision, traceability, and safety in assembly processes across diverse industries, including aerospace and automotive.
Another significant driver is the rising adoption of global electric vehicles (EVs) and hybrid models. EVs' complex design and assembly requirements necessitate specialized torque tools for accurately tightening electric motors, battery packs, and other components. Government incentives and stricter environmental regulations have accelerated the shift toward electrification in the automotive sector, further boosting torque tool demand tailored to EV manufacturing and maintenance.
Global Electric Torque Tools Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global electric torque tools market report based on product, end use, and region:
Increasing industrial activities in these domains drive the demand for precise and efficient torque tools, pivotal in assembly and fastening applications. The market benefits from growing industrialization and the need for high-quality tools to maintain safety and performance standards, especially in countries with robust manufacturing bases.
Technological advancements in the electric torque tools themselves also fuel market growth. Innovations include improvements in battery technology, smart features such as real-time torque monitoring, and ergonomic cordless designs that enhance user efficiency while reducing operator fatigue and errors. These advancements meet the increasing demand for precision, traceability, and safety in assembly processes across diverse industries, including aerospace and automotive.
Another significant driver is the rising adoption of global electric vehicles (EVs) and hybrid models. EVs' complex design and assembly requirements necessitate specialized torque tools for accurately tightening electric motors, battery packs, and other components. Government incentives and stricter environmental regulations have accelerated the shift toward electrification in the automotive sector, further boosting torque tool demand tailored to EV manufacturing and maintenance.
Global Electric Torque Tools Market Report Segmentation
This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global electric torque tools market report based on product, end use, and region:
- End Use Outlook (Revenue, USD Million, 2021 - 2033)
- Automotive & Transportation
- Aerospace & Defense
- Electronics & Electrical
- Energy & Power Generation
- Others
- Product Outlook (Revenue, USD Million, 2021 - 2033)
- Corded Electric Torque Tools
- Cordless Electric Torque Tools
- Fixtured/DC-Controlled Torque Tools
- Regional Outlook (Revenue, USD Million, 2021 - 2033)
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Spain
- Asia Pacific
- China
- Japan
- India
- Latin America
- Middle East & Africa
Table of Contents
101 Pages
- Chapter 1. Methodology and Scope
- 1.1. Research Methodology
- 1.2. Research Scope & Assumption
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR’s Internal Database
- 1.3.3. Secondary Sources & Third-Party Perspectives
- 1.3.4. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. List of Data Sources
- Chapter 2. Executive Summary
- 2.1. Market Outlook, 2024 (USD Million)
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
- Chapter 3. Electric Torque Tools Market Variables, Trends & Scope
- 3.1. Market Lineage/Ancillary Market Outlook
- 3.2. Industry Value Chain Analysis
- 3.2.1. Sales Channel Analysis
- 3.3. Regulatory Framework
- 3.3.1. Analyst Perspective
- 3.3.2. Regulations & Standards
- 3.4. Market Dynamics
- 3.4.1. Market Driver Analysis
- 3.4.2. Market Restraint Analysis
- 3.4.3. Industry Opportunities
- 3.4.4. Industry Challenges
- 3.5. Business Environmental Tools Analysis: Global Electric Torque Tools Market
- 3.5.1. Porter’s Five Forces Analysis
- 3.5.1.1. Bargaining Power of Suppliers
- 3.5.1.2. Bargaining Power of Buyers
- 3.5.1.3. Threat of Substitution
- 3.5.1.4. Threat of New Entrants
- 3.5.1.5. Competitive Rivalry
- 3.5.2. PESTLE Analysis
- 3.5.2.1. Political Landscape
- 3.5.2.2. Economic Landscape
- 3.5.2.3. Social Landscape
- 3.5.2.4. Technology Landscape
- 3.5.2.5. Environmental Landscape
- 3.5.2.6. Legal Landscape
- 3.6. Market Disruption Analysis
- Chapter 4. Global Electric Torque Tools Market: End Use Estimates & Trend Analysis
- 4.1. Key Takeaways
- 4.2. End Use Movement Analysis & Market Share, 2024 & 2033
- 4.3. Global Electric Torque Tools Market By End Use, 2021 - 2033 (USD Million)
- 4.4. Automotive & Transportation
- 4.4.1. Electric Torque Tools Market Estimates And Forecasts, for Automotive & Transportation 2021 - 2033 (USD Million)
- 4.5. Aerospace & Defense
- 4.5.1. Electric Torque Tools Market Estimates And Forecasts, for Aerospace & Defense, 2021 - 2033 (USD Million)
- 4.6. Electronics & Electrical
- 4.6.1. Electric Torque Tools Market Estimates And Forecasts, for Electronics & Electrical, 2021 - 2033 (USD Million)
- 4.7. Energy & Power Generation
- 4.7.1. Electric Torque Tools Market Estimates And Forecasts, for Energy & Power Generation, 2021 - 2033 (USD Million)
- 4.8. Others
- 4.8.1. Electric Torque Tools Market Estimates And Forecasts, for Others, 2021 - 2033 (USD Million)
- Chapter 5. Global Electric Torque Tools Market: Product Estimates & Trend Analysis
- 5.1. Key Takeaways
- 5.2. Product Movement Analysis & Market Share, 2024 & 2033
- 5.3. Global Electric Torque Tools Market By Product, 2021 - 2033 (USD Million)
- 5.4. Corded Electric Torque Tools
- 5.4.1. Corded Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 5.5. Cordless Electric Torque Tools
- 5.5.1. Cordless Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 5.6. Fixtured/DC-Controlled Torque Tools
- 5.6.1. Fixtured/DC-Controlled Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- Chapter 6. Global Electric Torque Tools Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2024 & 2033
- 6.3. North America
- 6.3.1. North America Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.3.2. North America Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.3. North America Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.3.4. U.S.
- 6.3.4.1. U.S. Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.3.4.2. U.S. Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.4.3. U.S. Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.3.5. Canada
- 6.3.5.1. Canada Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.3.5.2. Canada Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.5.3. Canada Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.3.6. Mexico
- 6.3.6.1. Mexico Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.3.6.2. Mexico Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.3.6.3. Mexico Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.4. Europe
- 6.4.1. Europe Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.2. Europe Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.3. Europe Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.4.4. Germany
- 6.4.4.1. Germany Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.4.2. Germany Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.4.3. Germany Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.4.5. UK
- 6.4.5.1. UK Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.5.2. UK Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.5.3. UK Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.4.6. France
- 6.4.6.1. France Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.6.2. France Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.6.3. France Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.4.7. Italy
- 6.4.7.1. Italy Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.7.2. Italy Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.7.3. Italy Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.4.8. Spain
- 6.4.8.1. Spain Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.4.8.2. Spain Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.4.8.3. Spain Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.5.2. Asia Pacific Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.3. Asia Pacific Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.5.4. China
- 6.5.4.1. China Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.5.4.2. China Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.4.3. China Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.5.5. India
- 6.5.5.1. India Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.5.5.2. India Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.5.3. India Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.5.6. Japan
- 6.5.6.1. Japan Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.5.6.2. Japan Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.5.6.3. Japan Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.6. Latin America
- 6.6.1. Latin America Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.6.2. Latin America Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.6.3. Latin America Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa Electric Torque Tools Market Estimates And Forecasts, 2021 - 2033 (USD Million)
- 6.7.2. Middle East & Africa Electric Torque Tools Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
- 6.7.3. Middle East & Africa Electric Torque Tools Market Estimates And Forecasts, By Product, 2021 - 2033 (USD Million)
- Chapter 7. Supplier Intelligence
- 7.1. Kraljic Matrix
- 7.2. Engagement Model
- 7.3. Negotiation Strategies
- 7.4. Sourcing Best Practices
- 7.5. Vendor Selection Criteria
- Chapter 8. Competitive Landscape
- 8.1. Key Players, their Recent Developments, and their Impact on Industry
- 8.2. Competition Categorization
- 8.3. Company Market Position Analysis
- 8.4. Company Heat Map Analysis
- 8.5. Strategy Mapping, 2024
- 8.6. Company Listing
- 8.6.1. Atlas Copco AB
- 8.6.1.1. Company Overview
- 8.6.1.2. Financial Performance
- 8.6.1.3. Product Benchmarking
- 8.6.1.4. Strategic Initiatives
- 8.6.2. Stanley Black & Decker, Inc.
- 8.6.2.1. Company Overview
- 8.6.2.2. Financial Performance
- 8.6.2.3. Product Benchmarking
- 8.6.2.4. Strategic Initiatives
- 8.6.3. Hilti Corporation
- 8.6.3.1. Company Overview
- 8.6.3.2. Financial Performance
- 8.6.3.3. Product Benchmarking
- 8.6.3.4. Strategic Initiatives
- 8.6.4. Ingersoll Rand Inc.
- 8.6.4.1. Company Overview
- 8.6.4.2. Financial Performance
- 8.6.4.3. Product Benchmarking
- 8.6.4.4. Strategic Initiatives
- 8.6.5. Makita Corporation
- 8.6.5.1. Company Overview
- 8.6.5.2. Financial Performance
- 8.6.5.3. Product Benchmarking
- 8.6.5.4. Strategic Initiatives
- 8.6.6. Robert Bosch GmbH
- 8.6.6.1. Company Overview
- 8.6.6.2. Financial Performance
- 8.6.6.3. Product Benchmarking
- 8.6.6.4. Strategic Initiatives
- 8.6.7. Techtronics Industries Co. Ltd. (TTI)
- 8.6.7.1. Company Overview
- 8.6.7.2. Financial Performance
- 8.6.7.3. Product Benchmarking
- 8.6.7.4. Strategic Initiatives
- 8.6.8. Apex Tool Group, LLC
- 8.6.8.1. Company Overview
- 8.6.8.2. Financial Performance
- 8.6.8.3. Product Benchmarking
- 8.6.8.4. Strategic Initiatives
- 8.6.9. Desoutter Industrial Tools
- 8.6.9.1. Company Overview
- 8.6.9.2. Financial Performance
- 8.6.9.3. Product Benchmarking
- 8.6.9.4. Strategic Initiatives
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