Force Gauge and Torque Meters Market (Updated Version Available)

The report offers detailed coverage of Force Gauge and Torque Meters industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Force Gauge and Torque Meters by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
A force gauge (also force gage) is a small measuring instrument used across all industries to measure the force during a push or pull test. Applications exist in research and development, laboratory, quality, production and field environment. There are two kinds of force gauges today: mechanical and digital force gauges.
Torque Meters are devices designed to determine the torque or torsion in a shaft, usually by measuring the twist in a calibrated length of shafting.

First, for industry structure analysis, the Force Gauge and Torque Meters industry is relatively fragmented. The top five producers account for about 50.34% of the revenue market. Regionally, Europe accounted for the largest consumption market share of 30.15% in 2015, but Asia has the largest production growth rate in recent years.

Second, the production of Force Gauge and Torque Meters increases from 69.18 K Units in 2011 to 91.73 K Units in 2016, with an average growth rate of more than 5.8%.

Third, North America occupied 32.59% of the Revenue market in 2015. It is followed by Europe and Asia, which respectively have around 29.98% and 25.18%.

Fourth, for price trend analysis, a key variable in the performance of Force Gauge and Torque Meters producers is raw material costs, specifically the speed at which any increase can be passed through to customers.

Fifth, for forecast, the global Force Gauge and Torque Meters revenue would keep increasing with annual growth rate with 4~5%, and a little higher speed in Asia. We tend to believe that this industry still has a bright future, considering the current demand of Force Gauge and Torque Meters. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.


The report forecast global Force Gauge and Torque Meters market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2027.

First, this report covers the present status and the future prospects of the global Force Gauge and Torque Meters market for 2015-2027.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].

Key Companies
Ametek
Shimpo
Sauter
Mecmesin
Extech
Imada
Mark-10
Dillon
Norbar
PCE Instruments
Mountz
Shigan
Sundoo
Alluris


At the same time, we classify Force Gauge and Torque Meters according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.

Market Segment as follows:
Market by Order Type
Force Gauge
Torque Meters
Market by Application
Electrical industry
Automobile manufacturing industry
Packaging Industry
Others

By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Force Gauge and Torque Meters market for the forecast period 2021 - 2027?
• What are the driving forces in the Force Gauge and Torque Meters market for the forecast period 2021 - 2027?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Force Gauge and Torque Meters industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?