Global Electric Torque Tools Market Size & Outlook
Global electric torque tools market, 2021-2033 (US$M)
Related Markets
Global electric torque tools market highlights
- The global electric torque tools market generated a revenue of USD 639.6 million in 2024 and is expected to reach USD 1,009.4 million by 2033.
- The market is expected to grow at a CAGR (2025 - 2033) of 5.2% by 2033.
- In terms of segment, cordless electric torque tools accounted for a revenue of USD 355.0 million in 2024.
- Cordless Electric Torque Tools is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2033.
Global data book summary
| Market revenue in 2024 | USD 639.6 million |
| Market revenue in 2033 | USD 1,009.4 million |
| Growth rate | 5.2% (CAGR from 2025 to 2033) |
| Largest segment | Cordless electric torque tools |
| Fastest growing segment | Cordless Electric Torque Tools |
| Historical data covered | 2021 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Corded Electric Torque Tools, Cordless Electric Torque Tools, Fixtured / DC-Controlled Torque Tools |
Other key industry trends
- In terms of revenue, the North America accounted for 26.6% of the global electric torque tools market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2033.
- By country, India is the fastest growing regional market and is projected to reach USD 80.8 million by 2033.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Electric Torque Tools Market Scope
Electric Torque Tools Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Techtronics | View profile | 1-10 | Fort Lauderdale, Florida, United States, North America | https://techtronics.com/ |
| Apex Tool Group, LLC | View profile | - | - | - |
| Stanley Black & Decker, Inc. | View profile | - | - | - |
| Desoutter Tools | View profile | 501-1000 | Saint-herblain, Pays de la Loire, France, Europe | https://desouttertools.com |
| Robert Bosch GmbH | View profile | - | - | - |
| Makita Corp | View profile | 20843 | 3-11-8, Sumiyoshi-cho, Aichi Prefecture, Anjo, Japan, 446-8502 | http://www.makita.co.jp |
| Ingersoll Rand Inc | View profile | 18000 | 525 Harbour Place Drive, Suite 600, Davidson, NC, United States, 28036 | https://www.irco.com |
| Atlas Copco AB ADR | View profile | 53728 | Sickla Industrivag 19, Nacka, Stockholm, Sweden, SE-105 23 | https://www.atlascopcogroup.com |
| Hilti Group | View profile | 10001+ | Schaan, Schaan, Liechtenstein, Europe | https://www.hilti.group/content/hilti/CP/XX/en.html |
Global electric torque tools market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electric torque tools market will help companies and investors design strategic landscapes.
Cordless electric torque tools was the largest segment with a revenue share of 55.5% in 2024. Horizon Databook has segmented the Global electric torque tools market based on corded electric torque tools, cordless electric torque tools, fixtured / dc-controlled torque tools covering the revenue growth of each sub-segment from 2021 to 2033.
- Global Electric Torque Tools Product Outlook (Revenue, USD Million, 2021-2033)
- Corded Electric Torque Tools
- Cordless Electric Torque Tools
- Fixtured / DC-Controlled Torque Tools
- Global Electric Torque Tools End Use Outlook (Revenue, USD Million, 2021-2033)
- Automotive & Transportation
- Aerospace & Defense
- Electronics & Electrical
- Energy & Power Generation
- Others
Reasons to subscribe to Global electric torque tools market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global electric torque tools market databook
-
Our clientele includes a mix of electric torque tools market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global electric torque tools market , including forecasts for subscribers. This global databook contains high-level insights into Global electric torque tools market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Partial client list
Global electric torque tools market size, by regions, 2021-2033 (US$M)
Top 10 countries: Electric torque tools market size, 2024 (US$M)
Global electric torque tools market share, by product, 2024 & 2033 (%, US$M)
Electric torque tools market: Opportunity assessment by country
Global electric torque tools market, by region, 2024 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
