North America Electric Torque Tools Market Size & Outlook
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North America electric torque tools market highlights
- The North America electric torque tools market generated a revenue of USD 170.0 million in 2024.
- The market is expected to grow at a CAGR of 5.3% from 2025 to 2033.
- In terms of segment, cordless electric torque tools was the largest revenue generating product in 2024.
- Cordless Electric Torque Tools is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2033.
North America data book summary
| Market revenue in 2024 | USD 170.0 million |
| Market revenue in 2033 | USD 270.8 million |
| Growth rate | 5.3% (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, North America region accounted for 26.6% of the global electric torque tools market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 349.6 million by 2033.
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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 |
North America 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 55.59% in 2024. Horizon Databook has segmented the North America 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.
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Target buyers of North America electric torque tools market databook
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Our clientele includes a mix of electric torque tools market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America electric torque tools market , including forecasts for subscribers. This continent databook contains high-level insights into North America electric torque tools market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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North America electric torque tools market size, by country, 2021-2033 (US$M)
North America Electric Torque Tools Market Outlook Share, 2024 & 2033 (US$M)
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