Torque Indicators Market 2022: Industry Size, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2028
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Engineered to provide years of accurate, reliable measurement of rotary torque on electric rigs.Each system includes a Current Transducer and a Signal Conditioner. Other available system components include an Amp Meter and an E/P Transducer.
This report aims to provide a comprehensive presentation of the global market for Torque Indicators study by Market Intellix gives insights concerning the market elements influencing the market, Market scope, Market division, and overlays shadow upon the leading market players featuring the positive cutthroat scene and patterns beating the years.
Global Torque Indicators Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Torque Indicators Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Torque Indicators companies in 2021 (%)
The global Torque Indicators market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Mechanical Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Torque Indicators include Mark-10, Wera, GEDORE, HUBBELL, OMEGA, Beta Group, Forum Energy Technologies, Chatillon and Magtrol and etc. In 2021, the global top five players have a share approximately % in terms of revenue.
The study provides the Torque Indicators manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Segmental Outline:
Global Torque Indicators Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torque Indicators Market Segment Percentages, by Type, 2021 (%)
Mechanical
Electronics
Global Torque Indicators Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torque Indicators Market Segment Percentages, by Application, 2021 (%)
Automobile Industry
Medical Industry
Bio-pharmacy
Food & Beverage
Others
Global Torque Indicators Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Torque Indicators Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Torque Indicators revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Torque Indicators revenues share in global market, 2021 (%)
Key companies Torque Indicators sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Torque Indicators sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Mark-10
Wera
GEDORE
HUBBELL
OMEGA
Beta Group
Forum Energy Technologies
Chatillon
Magtrol
Tohnichi
This Report Addresses:
– Market Intelligence enables effective decision-making
– Market estimates and forecasts from 2022 to 2028
– Growth opportunities and trend analysis
– Segment and regional revenue forecast for market evaluation
– Competitive strategy and analysis of market segments
– List of product innovations to stay on top.
– The impact of COVID-19 and how to survive in these fast-growing markets.
1 Introduction to Research & Analysis Reports
1.1 Torque Indicators Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Torque Indicators Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Torque Indicators Overall Market Size
2.1 Global Torque Indicators Market Size: 2021 VS 2028
2.2 Global Torque Indicators Revenue, Prospects & Forecasts: 2017-2028
2.3 Global Torque Indicators Sales: 2017-2028
3 Company Landscape
3.1 Top Torque Indicators Players in Global Market
3.2 Top Global Torque Indicators Companies Ranked by Revenue
3.3 Global Torque Indicators Revenue by Companies
3.4 Global Torque Indicators Sales by Companies
3.5 Global Torque Indicators Price by Manufacturer (2017-2022)
3.6 Top 3 and Top 5 Torque Indicators Companies in Global Market, by Revenue in 2021
3.7 Global Manufacturers Torque Indicators Product Type
3.8 Tier 1, Tier 2 and Tier 3 Torque Indicators Players in Global Market
3.8.1 List of Global Tier 1 Torque Indicators Companies
3.8.2 List of Global Tier 2 and Tier 3 Torque Indicators Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Torque Indicators Market Size Markets, 2021 & 2028
4.1.2 Mechanical
4.1.3 Electronics
4.2 By Type - Global Torque Indicators Revenue & Forecasts
4.2.1 By Type - Global Torque Indicators Revenue, 2017-2022
4.2.2 By Type - Global Torque Indicators Revenue, 2023-2028
4.2.3 By Type - Global Torque Indicators Revenue Market Share, 2017-2028
4.3 By Type - Global Torque Indicators Sales & Forecasts
4.3.1 By Type - Global Torque Indicators Sales, 2017-2022
4.3.2 By Type - Global Torque Indicators Sales, 2023-2028
4.3.3 By Type - Global Torque Indicators Sales Market Share, 2017-2028
4.4 By Type - Global Torque Indicators Price (Manufacturers Selling Prices), 2017-2028
5 Sights By Application
5.1 Overview
5.1.1 By Application - Global Torque Indicators Market Size, 2021 & 2028
5.1.2 Automobile Industry
5.1.3 Medical Industry
5.1.4 Bio-pharmacy
5.1.5 Food & Beverage
5.1.6 Others
5.2 By Application - Global Torque Indicators Revenue & Forecasts
5.2.1 By Application - Global Torque Indicators Revenue, 2017-2022
5.2.2 By Application - Global Torque Indicators Revenue, 2023-2028
5.2.3 By Application - Global Torque Indicators Revenue Market Share, 2017-2028
5.3 By Application - Global Torque Indicators Sales & Forecasts
5.3.1 By Application - Global Torque Indicators Sales, 2017-2022
5.3.2 By Application - Global Torque Indicators Sales, 2023-2028
5.3.3 By Application - Global Torque Indicators Sales Market Share, 2017-2028
5.4 By Application - Global Torque Indicators Price (Manufacturers Selling Prices), 2017-2028
6 Sights by Region
6.1 By Region - Global Torque Indicators Market Size, 2021 & 2028
6.2 By Region - Global Torque Indicators Revenue & Forecasts
6.2.1 By Region - Global Torque Indicators Revenue, 2017-2022
6.2.2 By Region - Global Torque Indicators Revenue, 2023-2028
6.2.3 By Region - Global Torque Indicators Revenue Market Share, 2017-2028
6.3 By Region - Global Torque Indicators Sales & Forecasts
6.3.1 By Region - Global Torque Indicators Sales, 2017-2022
6.3.2 By Region - Global Torque Indicators Sales, 2023-2028
6.3.3 By Region - Global Torque Indicators Sales Market Share, 2017-2028
6.4 North America
6.4.1 By Country - North America Torque Indicators Revenue, 2017-2028
6.4.2 By Country - North America Torque Indicators Sales, 2017-2028
6.4.3 US Torque Indicators Market Size, 2017-2028
6.4.4 Canada Torque Indicators Market Size, 2017-2028
6.4.5 Mexico Torque Indicators Market Size, 2017-2028
6.5 Europe
6.5.1 By Country - Europe Torque Indicators Revenue, 2017-2028
6.5.2 By Country - Europe Torque Indicators Sales, 2017-2028
6.5.3 Germany Torque Indicators Market Size, 2017-2028
6.5.4 France Torque Indicators Market Size, 2017-2028
6.5.5 U.K. Torque Indicators Market Size, 2017-2028
6.5.6 Italy Torque Indicators Market Size, 2017-2028
6.5.7 Russia Torque Indicators Market Size, 2017-2028
6.5.8 Nordic Countries Torque Indicators Market Size, 2017-2028
6.5.9 Benelux Torque Indicators Market Size, 2017-2028
6.6 Asia
6.6.1 By Region - Asia Torque Indicators Revenue, 2017-2028
6.6.2 By Region - Asia Torque Indicators Sales, 2017-2028
6.6.3 China Torque Indicators Market Size, 2017-2028
6.6.4 Japan Torque Indicators Market Size, 2017-2028
6.6.5 South Korea Torque Indicators Market Size, 2017-2028
6.6.6 Southeast Asia Torque Indicators Market Size, 2017-2028
6.6.7 India Torque Indicators Market Size, 2017-2028
6.7 South America
6.7.1 By Country - South America Torque Indicators Revenue, 2017-2028
6.7.2 By Country - South America Torque Indicators Sales, 2017-2028
6.7.3 Brazil Torque Indicators Market Size, 2017-2028
6.7.4 Argentina Torque Indicators Market Size, 2017-2028
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Torque Indicators Revenue, 2017-2028
6.8.2 By Country - Middle East & Africa Torque Indicators Sales, 2017-2028
6.8.3 Turkey Torque Indicators Market Size, 2017-2028
6.8.4 Israel Torque Indicators Market Size, 2017-2028
6.8.5 Saudi Arabia Torque Indicators Market Size, 2017-2028
6.8.6 UAE Torque Indicators Market Size, 2017-2028
7 Manufacturers & Brands Profiles
7.1 Mark-10
7.1.1 Mark-10 Corporate Summary
7.1.2 Mark-10 Business Overview
7.1.3 Mark-10 Torque Indicators Major Product Offerings
7.1.4 Mark-10 Torque Indicators Sales and Revenue in Global (2017-2022)
7.1.5 Mark-10 Key News
7.2 Wera
7.2.1 Wera Corporate Summary
7.2.2 Wera Business Overview
7.2.3 Wera Torque Indicators Major Product Offerings
7.2.4 Wera Torque Indicators Sales and Revenue in Global (2017-2022)
7.2.5 Wera Key News
7.3 GEDORE
7.3.1 GEDORE Corporate Summary
7.3.2 GEDORE Business Overview
7.3.3 GEDORE Torque Indicators Major Product Offerings
7.3.4 GEDORE Torque Indicators Sales and Revenue in Global (2017-2022)
7.3.5 GEDORE Key News
7.4 HUBBELL
7.4.1 HUBBELL Corporate Summary
7.4.2 HUBBELL Business Overview
7.4.3 HUBBELL Torque Indicators Major Product Offerings
7.4.4 HUBBELL Torque Indicators Sales and Revenue in Global (2017-2022)
7.4.5 HUBBELL Key News
7.5 OMEGA
7.5.1 OMEGA Corporate Summary
7.5.2 OMEGA Business Overview
7.5.3 OMEGA Torque Indicators Major Product Offerings
7.5.4 OMEGA Torque Indicators Sales and Revenue in Global (2017-2022)
7.5.5 OMEGA Key News
7.6 Beta Group
7.6.1 Beta Group Corporate Summary
7.6.2 Beta Group Business Overview
7.6.3 Beta Group Torque Indicators Major Product Offerings
7.6.4 Beta Group Torque Indicators Sales and Revenue in Global (2017-2022)
7.6.5 Beta Group Key News
7.7 Forum Energy Technologies
7.7.1 Forum Energy Technologies Corporate Summary
7.7.2 Forum Energy Technologies Business Overview
7.7.3 Forum Energy Technologies Torque Indicators Major Product Offerings
7.7.4 Forum Energy Technologies Torque Indicators Sales and Revenue in Global (2017-2022)
7.7.5 Forum Energy Technologies Key News
7.8 Chatillon
7.8.1 Chatillon Corporate Summary
7.8.2 Chatillon Business Overview
7.8.3 Chatillon Torque Indicators Major Product Offerings
7.8.4 Chatillon Torque Indicators Sales and Revenue in Global (2017-2022)
7.8.5 Chatillon Key News
7.9 Magtrol
7.9.1 Magtrol Corporate Summary
7.9.2 Magtrol Business Overview
7.9.3 Magtrol Torque Indicators Major Product Offerings
7.9.4 Magtrol Torque Indicators Sales and Revenue in Global (2017-2022)
7.9.5 Magtrol Key News
7.10 Tohnichi
7.10.1 Tohnichi Corporate Summary
7.10.2 Tohnichi Business Overview
7.10.3 Tohnichi Torque Indicators Major Product Offerings
7.10.4 Tohnichi Torque Indicators Sales and Revenue in Global (2017-2022)
7.10.5 Tohnichi Key News
8 Global Torque Indicators Production Capacity, Analysis
8.1 Global Torque Indicators Production Capacity, 2017-2028
8.2 Torque Indicators Production Capacity of Key Manufacturers in Global Market
8.3 Global Torque Indicators Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Torque Indicators Supply Chain Analysis
10.1 Torque Indicators Industry Value Chain
10.2 Torque Indicators Upstream Market
10.3 Torque Indicators Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Torque Indicators Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
Research Methodology:
Torque Indicators Market Size Estimation
To estimate market size and trends, we use a combination of top-down and bottom-up methods. This allows us to evaluate the market from various perspectives—by company, region, product type, and end users.
Our estimates are based on actual sales data, excluding any discounts. Segment breakdowns and market shares are calculated using weighted averages based on usage rates and average prices. Regional insights are determined by how widely a product or service is adopted in each area.
Key companies are identified through secondary sources like industry reports and company filings. We then verify revenue estimates and other key data points through primary research, including interviews with industry experts, company executives, and decision-makers.
We take into account all relevant factors that could influence the market and validate our findings with real-world input. Our final insights combine both qualitative and quantitative data to provide a well-rounded view. Please note, these estimates do not account for unexpected changes such as inflation, economic downturns, or policy shifts.
Data Source
Secondary Sources
This study draws on a wide range of secondary sources, including press releases, annual reports, non-profit organizations, industry associations, government agencies, and customs data. We also referred to reputable databases and directories such as Bloomberg, Wind Info, Hoovers, Factiva, Trading Economics, Statista, and others. Additional references include investor presentations, company filings (e.g., SEC), economic data, and documents from regulatory and industry bodies.
These sources were used to gather technical and market-focused insights, identify key players, analyze market segmentation and classification, and track major trends and developments across industries.
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Primary Sources
As part of our primary research, we interviewed a variety of stakeholders from both the supply and demand sides to gather valuable qualitative and quantitative insights.
On the supply side, we spoke with product manufacturers, competitors, industry experts, research institutions, distributors, traders, and raw material suppliers. On the demand side, we engaged with business leaders, marketing and sales heads, technology and innovation directors, supply chain executives, and end users across key organizations.
These conversations helped us better understand market segmentation, pricing, applications, leading players, supply chains, demand trends, industry outlook, and key market dynamics—including risks, opportunities, barriers, and strategic developments.
Key Data Information from Primary Sources
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