According the report, Enhancement in Digital Torque Wrench as Multi-tasking Tool and Computer Connectivity for Controlled Data is one of the primary growth factors for the market. Rise in Demand for The Quality Inspection, Positioning, and Measurement of The Tools is also expected to contribute significantly to the Digital Torque Wrench market. Overall, Automotive applications of Digital Torque Wrench, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.

AMA’s Analyst on the Global Digital Torque Wrench market identified that the demand is rising in many different parts of the world as "Rise in Tool and Shopfloor Automation in Different Industry Verticals ". Furthermore, some recent industry insights like "In 2021, Norbar Launches New Electronic Torque Wrench. Norbar has designed a digital torque wrench that can measure, display, store and transmitting torque and receiving configuration settings from TDS (Torque Data System) computer software via a USB or wireless interface." is constantly making the industry dynamic. One of the challenges that industry facing is "Less Awareness about Digital torque wrench and Extensive Use of Conventional Torque Wrench and Skilled Labour Required to Operate the Digital Equipment"

The report provides an in-depth analysis and forecast about the industry covering the following key features:
o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies
o Analyses the Global Digital Torque Wrench market according to Type, Application, and regions
o Analyzes the top 10 players in terms of market reach, business strategy, and business focus
o Provides stakeholders’ insights and key drivers & trends of the market

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Digital Torque Wrench market and other related sub-markets covered in the study.

o Key & emerging players in the Digital Torque Wrench market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Digital Torque Wrench market size is calculated using market estimation process, the Digital Torque Wrench market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Digital Torque Wrench market size has been validated using both top-down and bottom-up approaches.