The only problem with using common torque wrenches on a bike is few are capable of being set low enough while remaining accurate. I wouldn't use a clicker-type for such low-torque applications. A beam/dial type should work reasonable well. You would be surprised at how little torque is required on most bolts.
S-K sells a low-torque driver model (new TPMS valves have specific torque requirements), but it is somewhat expensive.
After awhile (and a few stripped threads), you get a feel for how tight a bolt needs to be. I still have 4, 5 & 6mm heli-coils in the tool box from my DH racing days, just in case.