Electric Torque Tools Market To Reach $1,009.4 Million By 2033

Electric Torque Tools Market Growth & Trends

The global electric torque tools market is anticipated to reach USD 1,009.4 million by 2033 and is anticipated to expand at a CAGR of 5.2% from 2025 to 2033, according to a new report by Grand View Research, Inc. The growing automotive and transportation sector significantly drives the market, where precise fastening is critical for assembly and maintenance operations. Electric torque tools are widely used in engines, chassis, suspension systems, and battery assemblies, ensuring consistent torque and reducing the risk of component damage. The rise of electric and hybrid vehicles has created additional demand for high-performance torque solutions capable of handling advanced components. Automotive manufacturers increasingly adopt digital torque monitoring systems to enhance production efficiency and ensure regulatory compliance. This expanding focus on precision and reliability continues to fuel market growth in the automotive segment.

The electronics and electrical industry is a major market driver due to the miniaturization and complexity of modern devices. Electric torque tools enable accurate assembly of delicate components in smartphones, computers, consumer electronics, and industrial devices, preventing over-tightening or damage. Rising production volumes and the expansion of repair and maintenance services further enhance market demand. Innovations such as insulated and ESD-safe torque tools improve safety and product reliability. The increasing integration of automated and semi-automated assembly lines also supports adopting electric torque tools in this sector.

Technological advancements in cordless and battery-powered electric torque tools drive market expansion by providing mobility, convenience, and consistent performance. Battery-operated tools eliminate the constraints of power cords, enabling operators to work efficiently in remote or space-constrained environments. Improvements in battery capacity, motor efficiency, and ergonomic design enhance user experience and productivity. These innovations are particularly attractive for field service, maintenance, and assembly applications across automotive, aerospace, and industrial sectors. The rising demand for portable, high-performance tools is a key factor sustaining the growth of the cordless torque tools segment.

Adopting DC-controlled and fixtured torque tools drives market growth through enhanced precision, repeatability, and integration with automated production systems. These tools allow real-time torque monitoring, data collection, and quality assurance in assembly operations. Industries such as automotive, aerospace, and electronics increasingly rely on these solutions to minimize errors, reduce rework, and maintain consistent production standards.

 Request a free sample copy or view report summary: Electric Torque Tools Market Report

Electric Torque Tools Market Report Highlights

• The automotive and transportation segment led the market and accounted for the largest revenue share of 43.6% in 2024, driven by the increasing demand for precision vehicle assembly and maintenance.

• The cordless electric torque tools segment dominated the market and accounted for the largest revenue share of 52.5% in 2024, driven by the increasing need for mobility, flexibility, and ease of use in industrial and field operations.

• Asia Pacific held the largest revenue market share of 33.4% in 2024, witnessing strong growth due to industrialization, automation, and the expansion of automotive and electronics manufacturing hubs in China, Japan, and India.

Electric Torque Tools Market Segmentation

Grand View Research has segmented the global electric torque tools market based on product, end use, and region:

Electric Torque Tools End Use Outlook (Revenue, USD Million, 2021 - 2033)

• Automotive & Transportation

• Aerospace & Defense

• Electronics & Electrical

• Energy & Power Generation

• Others

Electric Torque Tools Product Outlook (Revenue, USD Million, 2021 - 2033)

• Corded Electric Torque Tools

• Cordless Electric Torque Tools

• Fixtured/DC-Controlled Torque Tools

Electric 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

List of Key Players in the Electric Torque Tools Market

• Atlas Copco AB

• Stanley Black & Decker, Inc.

• Hilti Corporation

• Ingersoll Rand Inc.

• Makita Corporation

• Robert Bosch GmbH

• Techtronics Industries Co., Ltd. (TTI)

• Apex Tool Group, LLC

• Desoutter Industrial Tools