The "Global Torque Software Market" size was valued at US$ 234.0 million in 2024 and is projected to reach US$ 345.3 million by 2030, at a CAGR of 6.7% during the forecast period 2024-2030.
"United States Torque Software Market" size was valued at US$ 76 million in 2024 and is projected to reach US$ 109 million by 2030, at a CAGR of 6.2% during the forecast period 2024-2030.
Software applications for analyzing, managing, and reporting torque data in various industrial applications.
Growing integration of torque measurement in Industry 4.0 initiatives. Increasing demand for real-time torque monitoring and analysis. Development of cloud-based torque management solutions.
Report Overview
Torque software is a system torque software package with a comprehensive range of functions. The system includes tool and joint management, tool repair and maintenance history, quality torque audit and production data collection, R & D data storage (including torque / time / angle trajectory analysis and sensor and reading calibration).
This report provides a deep insight into the global Torque Software market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Torque Software Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Torque Software market in any manner.
Global Torque Software Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
- Mecmesin
- Crane Electronics
- CreosysLtd
- Tecware
- Magtrol
- Sturtevant Richmont
- Torque IT Solutions
- HYTORC
- Launch Tech USA
- Elm Electronics
- IMADA,Incorporated
- SCS Concept
- Eltorque
- Hydratight
By Type:
By Application:
- Automobile Industry
- Machine Manufacturing
- Aerospace
- Experimental Testing
- Other
Geographic Segmentation
- North America (USA, Canada, Mexico)
- Europe (Germany, UK, France, Russia, Italy, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)
- South America (Brazil, Argentina, Columbia, Rest of South America)
- The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)
Key Benefits of This Market Research:
- Industry drivers, restraints, and opportunities covered in the study
- Neutral perspective on the market performance
- Recent industry trends and developments
- Competitive landscape & strategies of key players
- Potential & niche segments and regions exhibiting promising growth covered
- Historical, current, and projected market size, in terms of value
- In-depth analysis of the Torque Software Market
- Overview of the regional outlook of the Torque Software Market:
Key Reasons to Buy this Report:
- Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change
- This enables you to anticipate market changes to remain ahead of your competitors
- You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents
- The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market from various perspectives through Porter
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Torque Software
1.2 Key Market Segments
1.2.1 Torque Software Segment by Type
1.2.2 Torque Software Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Torque Software Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Torque Software Market Competitive Landscape
3.1 Global Torque Software Revenue Market Share by Company (2019-2024)
3.2 Torque Software Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Torque Software Market Size Sites, Area Served, Product Type
3.4 Torque Software Market Competitive Situation and Trends
3.4.1 Torque Software Market Concentration Rate
3.4.2 Global 5 and 10 Largest Torque Software Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Torque Software Value Chain Analysis
4.1 Torque Software Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Torque Software Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Torque Software Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Torque Software Market Size Market Share by Type (2019-2024)
6.3 Global Torque Software Market Size Growth Rate by Type (2019-2024)
7 Torque Software Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Torque Software Market Size (M USD) by Application (2019-2024)
7.3 Global Torque Software Market Size Growth Rate by Application (2019-2024)
8 Torque Software Market Segmentation by Region
8.1 Global Torque Software Market Size by Region
8.1.1 Global Torque Software Market Size by Region
8.1.2 Global Torque Software Market Size Market Share by Region
8.2 North America
8.2.1 North America Torque Software Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Torque Software Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Torque Software Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Torque Software Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Torque Software Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 Mecmesin
9.1.1 Mecmesin Torque Software Basic Information
9.1.2 Mecmesin Torque Software Product Overview
9.1.3 Mecmesin Torque Software Product Market Performance
9.1.4 Mecmesin Torque Software SWOT Analysis
9.1.5 Mecmesin Business Overview
9.1.6 Mecmesin Recent Developments
9.2 Crane Electronics
9.2.1 Crane Electronics Torque Software Basic Information
9.2.2 Crane Electronics Torque Software Product Overview
9.2.3 Crane Electronics Torque Software Product Market Performance
9.2.4 Crane Electronics Torque Software SWOT Analysis
9.2.5 Crane Electronics Business Overview
9.2.6 Crane Electronics Recent Developments
9.3 CreosysLtd
9.3.1 CreosysLtd Torque Software Basic Information
9.3.2 CreosysLtd Torque Software Product Overview
9.3.3 CreosysLtd Torque Software Product Market Performance
9.3.4 CreosysLtd Torque Software SWOT Analysis
9.3.5 CreosysLtd Business Overview
9.3.6 CreosysLtd Recent Developments
9.4 Tecware
9.4.1 Tecware Torque Software Basic Information
9.4.2 Tecware Torque Software Product Overview
9.4.3 Tecware Torque Software Product Market Performance
9.4.4 Tecware Business Overview
9.4.5 Tecware Recent Developments
9.5 Magtrol
9.5.1 Magtrol Torque Software Basic Information
9.5.2 Magtrol Torque Software Product Overview
9.5.3 Magtrol Torque Software Product Market Performance
9.5.4 Magtrol Business Overview
9.5.5 Magtrol Recent Developments
9.6 Sturtevant Richmont
9.6.1 Sturtevant Richmont Torque Software Basic Information
9.6.2 Sturtevant Richmont Torque Software Product Overview
9.6.3 Sturtevant Richmont Torque Software Product Market Performance
9.6.4 Sturtevant Richmont Business Overview
9.6.5 Sturtevant Richmont Recent Developments
9.7 Torque IT Solutions
9.7.1 Torque IT Solutions Torque Software Basic Information
9.7.2 Torque IT Solutions Torque Software Product Overview
9.7.3 Torque IT Solutions Torque Software Product Market Performance
9.7.4 Torque IT Solutions Business Overview
9.7.5 Torque IT Solutions Recent Developments
9.8 HYTORC
9.8.1 HYTORC Torque Software Basic Information
9.8.2 HYTORC Torque Software Product Overview
9.8.3 HYTORC Torque Software Product Market Performance
9.8.4 HYTORC Business Overview
9.8.5 HYTORC Recent Developments
9.9 Launch Tech USA
9.9.1 Launch Tech USA Torque Software Basic Information
9.9.2 Launch Tech USA Torque Software Product Overview
9.9.3 Launch Tech USA Torque Software Product Market Performance
9.9.4 Launch Tech USA Business Overview
9.9.5 Launch Tech USA Recent Developments
9.10 Elm Electronics
9.10.1 Elm Electronics Torque Software Basic Information
9.10.2 Elm Electronics Torque Software Product Overview
9.10.3 Elm Electronics Torque Software Product Market Performance
9.10.4 Elm Electronics Business Overview
9.10.5 Elm Electronics Recent Developments
9.11 IMADA,Incorporated
9.11.1 IMADA,Incorporated Torque Software Basic Information
9.11.2 IMADA,Incorporated Torque Software Product Overview
9.11.3 IMADA,Incorporated Torque Software Product Market Performance
9.11.4 IMADA,Incorporated Business Overview
9.11.5 IMADA,Incorporated Recent Developments
9.12 SCS Concept
9.12.1 SCS Concept Torque Software Basic Information
9.12.2 SCS Concept Torque Software Product Overview
9.12.3 SCS Concept Torque Software Product Market Performance
9.12.4 SCS Concept Business Overview
9.12.5 SCS Concept Recent Developments
9.13 Eltorque
9.13.1 Eltorque Torque Software Basic Information
9.13.2 Eltorque Torque Software Product Overview
9.13.3 Eltorque Torque Software Product Market Performance
9.13.4 Eltorque Business Overview
9.13.5 Eltorque Recent Developments
9.14 Hydratight
9.14.1 Hydratight Torque Software Basic Information
9.14.2 Hydratight Torque Software Product Overview
9.14.3 Hydratight Torque Software Product Market Performance
9.14.4 Hydratight Business Overview
9.14.5 Hydratight Recent Developments
10 Torque Software Regional Market Forecast
10.1 Global Torque Software Market Size Forecast
10.2 Global Torque Software Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Torque Software Market Size Forecast by Country
10.2.3 Asia Pacific Torque Software Market Size Forecast by Region
10.2.4 South America Torque Software Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Torque Software by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Torque Software Market Forecast by Type (2025-2030)
11.2 Global Torque Software Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Torque Software Market Size Comparison by Region (M USD)
Table 5. Global Torque Software Revenue (M USD) by Company (2019-2024)
Table 6. Global Torque Software Revenue Share by Company (2019-2024)
Table 7. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Torque Software as of 2022)
Table 8. Company Torque Software Market Size Sites and Area Served
Table 9. Company Torque Software Product Type
Table 10. Global Torque Software Company Market Concentration Ratio (CR5 and HHI)
Table 11. Mergers & Acquisitions, Expansion Plans
Table 12. Value Chain Map of Torque Software
Table 13. Midstream Market Analysis
Table 14. Downstream Customer Analysis
Table 15. Key Development Trends
Table 16. Driving Factors
Table 17. Torque Software Market Challenges
Table 18. Global Torque Software Market Size by Type (M USD)
Table 19. Global Torque Software Market Size (M USD) by Type (2019-2024)
Table 20. Global Torque Software Market Size Share by Type (2019-2024)
Table 21. Global Torque Software Market Size Growth Rate by Type (2019-2024)
Table 22. Global Torque Software Market Size by Application
Table 23. Global Torque Software Market Size by Application (2019-2024) & (M USD)
Table 24. Global Torque Software Market Share by Application (2019-2024)
Table 25. Global Torque Software Market Size Growth Rate by Application (2019-2024)
Table 26. Global Torque Software Market Size by Region (2019-2024) & (M USD)
Table 27. Global Torque Software Market Size Market Share by Region (2019-2024)
Table 28. North America Torque Software Market Size by Country (2019-2024) & (M USD)
Table 29. Europe Torque Software Market Size by Country (2019-2024) & (M USD)
Table 30. Asia Pacific Torque Software Market Size by Region (2019-2024) & (M USD)
Table 31. South America Torque Software Market Size by Country (2019-2024) & (M USD)
Table 32. Middle East and Africa Torque Software Market Size by Region (2019-2024) & (M USD)
Table 33. Mecmesin Torque Software Basic Information
Table 34. Mecmesin Torque Software Product Overview
Table 35. Mecmesin Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 36. Mecmesin Torque Software SWOT Analysis
Table 37. Mecmesin Business Overview
Table 38. Mecmesin Recent Developments
Table 39. Crane Electronics Torque Software Basic Information
Table 40. Crane Electronics Torque Software Product Overview
Table 41. Crane Electronics Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 42. Crane Electronics Torque Software SWOT Analysis
Table 43. Crane Electronics Business Overview
Table 44. Crane Electronics Recent Developments
Table 45. CreosysLtd Torque Software Basic Information
Table 46. CreosysLtd Torque Software Product Overview
Table 47. CreosysLtd Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 48. CreosysLtd Torque Software SWOT Analysis
Table 49. CreosysLtd Business Overview
Table 50. CreosysLtd Recent Developments
Table 51. Tecware Torque Software Basic Information
Table 52. Tecware Torque Software Product Overview
Table 53. Tecware Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 54. Tecware Business Overview
Table 55. Tecware Recent Developments
Table 56. Magtrol Torque Software Basic Information
Table 57. Magtrol Torque Software Product Overview
Table 58. Magtrol Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 59. Magtrol Business Overview
Table 60. Magtrol Recent Developments
Table 61. Sturtevant Richmont Torque Software Basic Information
Table 62. Sturtevant Richmont Torque Software Product Overview
Table 63. Sturtevant Richmont Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 64. Sturtevant Richmont Business Overview
Table 65. Sturtevant Richmont Recent Developments
Table 66. Torque IT Solutions Torque Software Basic Information
Table 67. Torque IT Solutions Torque Software Product Overview
Table 68. Torque IT Solutions Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 69. Torque IT Solutions Business Overview
Table 70. Torque IT Solutions Recent Developments
Table 71. HYTORC Torque Software Basic Information
Table 72. HYTORC Torque Software Product Overview
Table 73. HYTORC Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 74. HYTORC Business Overview
Table 75. HYTORC Recent Developments
Table 76. Launch Tech USA Torque Software Basic Information
Table 77. Launch Tech USA Torque Software Product Overview
Table 78. Launch Tech USA Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 79. Launch Tech USA Business Overview
Table 80. Launch Tech USA Recent Developments
Table 81. Elm Electronics Torque Software Basic Information
Table 82. Elm Electronics Torque Software Product Overview
Table 83. Elm Electronics Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 84. Elm Electronics Business Overview
Table 85. Elm Electronics Recent Developments
Table 86. IMADA,Incorporated Torque Software Basic Information
Table 87. IMADA,Incorporated Torque Software Product Overview
Table 88. IMADA,Incorporated Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 89. IMADA,Incorporated Business Overview
Table 90. IMADA,Incorporated Recent Developments
Table 91. SCS Concept Torque Software Basic Information
Table 92. SCS Concept Torque Software Product Overview
Table 93. SCS Concept Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 94. SCS Concept Business Overview
Table 95. SCS Concept Recent Developments
Table 96. Eltorque Torque Software Basic Information
Table 97. Eltorque Torque Software Product Overview
Table 98. Eltorque Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 99. Eltorque Business Overview
Table 100. Eltorque Recent Developments
Table 101. Hydratight Torque Software Basic Information
Table 102. Hydratight Torque Software Product Overview
Table 103. Hydratight Torque Software Revenue (M USD) and Gross Margin (2019-2024)
Table 104. Hydratight Business Overview
Table 105. Hydratight Recent Developments
Table 106. Global Torque Software Market Size Forecast by Region (2025-2030) & (M USD)
Table 107. North America Torque Software Market Size Forecast by Country (2025-2030) & (M USD)
Table 108. Europe Torque Software Market Size Forecast by Country (2025-2030) & (M USD)
Table 109. Asia Pacific Torque Software Market Size Forecast by Region (2025-2030) & (M USD)
Table 110. South America Torque Software Market Size Forecast by Country (2025-2030) & (M USD)
Table 111. Middle East and Africa Torque Software Market Size Forecast by Country (2025-2030) & (M USD)
Table 112. Global Torque Software Market Size Forecast by Type (2025-2030) & (M USD)
Table 113. Global Torque Software Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Industrial Chain of Torque Software
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Torque Software Market Size (M USD), 2019-2030
Figure 5. Global Torque Software Market Size (M USD) (2019-2030)
Figure 6. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 8. Evaluation Matrix of Regional Market Development Potential
Figure 9. Torque Software Market Size by Country (M USD)
Figure 10. Global Torque Software Revenue Share by Company in 2023
Figure 11. Torque Software Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 12. The Global 5 and 10 Largest Players: Market Share by Torque Software Revenue in 2023
Figure 13. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 14. Global Torque Software Market Share by Type
Figure 15. Market Size Share of Torque Software by Type (2019-2024)
Figure 16. Market Size Market Share of Torque Software by Type in 2022
Figure 17. Global Torque Software Market Size Growth Rate by Type (2019-2024)
Figure 18. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 19. Global Torque Software Market Share by Application
Figure 20. Global Torque Software Market Share by Application (2019-2024)
Figure 21. Global Torque Software Market Share by Application in 2022
Figure 22. Global Torque Software Market Size Growth Rate by Application (2019-2024)
Figure 23. Global Torque Software Market Size Market Share by Region (2019-2024)
Figure 24. North America Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 25. North America Torque Software Market Size Market Share by Country in 2023
Figure 26. U.S. Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 27. Canada Torque Software Market Size (M USD) and Growth Rate (2019-2024)
Figure 28. Mexico Torque Software Market Size (Units) and Growth Rate (2019-2024)
Figure 29. Europe Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 30. Europe Torque Software Market Size Market Share by Country in 2023
Figure 31. Germany Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 32. France Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 33. U.K. Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 34. Italy Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 35. Russia Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 36. Asia Pacific Torque Software Market Size and Growth Rate (M USD)
Figure 37. Asia Pacific Torque Software Market Size Market Share by Region in 2023
Figure 38. China Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 39. Japan Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 40. South Korea Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 41. India Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 42. Southeast Asia Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 43. South America Torque Software Market Size and Growth Rate (M USD)
Figure 44. South America Torque Software Market Size Market Share by Country in 2023
Figure 45. Brazil Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 46. Argentina Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 47. Columbia Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 48. Middle East and Africa Torque Software Market Size and Growth Rate (M USD)
Figure 49. Middle East and Africa Torque Software Market Size Market Share by Region in 2023
Figure 50. Saudi Arabia Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 51. UAE Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 52. Egypt Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 53. Nigeria Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 54. South Africa Torque Software Market Size and Growth Rate (2019-2024) & (M USD)
Figure 55. Global Torque Software Market Size Forecast by Value (2019-2030) & (M USD)
Figure 56. Global Torque Software Market Share Forecast by Type (2025-2030)
Figure 57. Global Torque Software Market Share Forecast by Application (2025-2030)
