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REPORT OUTLOOK
| Market Size | CAGR | Dominating Region |
|---|---|---|
| USD 12.79 billion by 2029 | CAGR of 6.58% | Asia Pacific |
| By Type | By Technology | By Application |
|---|---|---|
|
|
|
SCOPE OF THE REPORT
Torque Sensor Market Overview
The global torque sensor market size was valued at USD 7.21 billion in 2020, and projected to reach USD 12.79 billion by 2029, with a CAGR of 6.58% from 2022 to 2029.
A torque sensor, often known as a torque cell, is a mechanical device that measures, records, and controls the torque of rotating systems. It is utilised in engines, gearboxes, rotors, craft shifters, electric motors, crankshafts and other rotating equipment to ensure the greatest system performance possible. Because it is compact in size, precise, dependable, sturdy, and resistant to high temperatures, the torque sensor has a wide variety of applications in the worldwide mining, agricultural, defence, and healthcare industries. It may now measure turning forces in either a clockwise or anticlockwise direction, and it is typically available in static or dynamic forces.
Torque sensors have been used in a variety of sectors, including hybrid and electric automobile engines, medical prosthesis, and robots, as the importance of torque measurement has been more widely recognized. The multiple potential applications are projected to benefit the global torque sensor market, which is expected to be the primary reason driving its growth. With the introduction of wireless and non-contact torque sensors such as magnetoelastic, acoustic waves from the surface (SAW), and optical torque sensors, the market will grow. Furthermore, the demand for precise torque measurement devices is growing rapidly, contributing to the enormous development potential for torque sensors. However, less reliable torque sensors for high-end applications may limit growth.
Torque monitoring can be useful in a variety of technical applications, including engine and gearbox testing, generator and gearbox testing, compressor and rocket engine testing. Torque is a critical aspect in the design of diesel engines and the manufacture of motors. Torque monitoring is also essential for nearly any equipment that creates angular momentum, such as bolt caps on medication containers and vehicles, in order to maximize mechanical characteristics. Torque sensors are also used to examine power drills, wind turbines, and power systems. As a result, the market for torque sensors has lately expanded, and this trend is expected to continue over the forecast period.
Torque sensors with the greatest level of precision and dependability are required for precise and continuous signals in some of the most demanding applications, such as aviation, maritime, and racing. It is concerning that capacitive and piezo-resistive strain gauge methods have been demonstrated to introduce errors brought on by temperature variations brought on by rotating motion. In order to be included near to the combustion chamber, sensors utilized in aviation components need to be heat-resistant. The accuracy of current torque measurement devices has recently been improved, although large-scale applications still have a problem with it.
The most popular new torque measurement techniques in recent years have been based on magnetoelastic and photonic technology. The sensors based on such technologies are not only thin and small, but also provide exceptional accuracy, high resolution, and superior electromagnetic noise tolerance. The wireless, battery-free functioning of these torque sensors enables easy package design and system integration. Magnetoelastic torque sensors are appropriate for automotive and aerospace applications since they have a much wider frequency range and are not influenced by outside variables. These characteristics would offer up new opportunities for these instruments in high-performance control, predictive equipment maintenance, and vehicle monitoring. They would also enable these torque sensors to be employed efficiently in a number of the torque activities that are already being used.
| ATTRIBUTE | DETAILS |
| Study period | 2020-2029 |
| Base year | 2021 |
| Estimated year | 2022 |
| Forecasted year | 2022-2029 |
| Historical period | 2018-2020 |
| Unit | Value (USD Billion) (Thousand Units) |
| Segmentation | By Type, By Technology, By Application, By Region. |
| By Type |
|
| By Technology |
|
| By Application |
|
| By Region
 |
|
Torque Sensor Market Segment Analysis
The rotary torque sensor and reaction torque sensor product categories are used to categories the worldwide torque sensor market. Rotary torque sensors and reaction torque sensors are included in the market segmentation for torque sensors based on type. In 2021, the market for torque sensors was dominated by the rotary torque sensor category. There are several uses for the rotary sensor as a result, the automobile industry makes extensive use of this rotating sensor. Rotating meters have minimal electrical noise, high rigidity, high RPM ratings, and quicker reaction times as advantages. During the projected period, the market growth is anticipated to be driven by consumers’ growing preference for fuel-efficient automobiles.
The worldwide torque sensor market is divided based on technology into Surface Acoustic Wave, Magnetoelastic, Optical, and Strain Gauge. Due to the strain gauge signal being compatible with a variety of devices, including analogue or digital displays and digital amplifiers, the strain gauge torque sensor is predicted to rule the market in the future. Strain gauge torque sensors can output signals that are compatible with a broad range of devices, including digital displays and analogue and digital amplifiers. In addition, they are less expensive than other torque sensors. The worldwide torque sensor market is expected to increase between 2022 and 2029 as a result of the current strain gauge sensors’ ongoing improvements.
The worldwide torque sensor market is divided into automotive, test & measurement, industrial, aerospace & defense, and medical segments based on applications. The torque sensors are extensively employed in many other industries, but they have a wide variety of uses in the automobile industry. Most automakers utilize torque sensors to map engine torque and calibrate automatic gearboxes. In addition to monitoring strain and figuring out an engine’s dynamic torque, they are used to test clutches and gearboxes. Rotary torque sensors are utilized for dynamic torque within the engine, clutch and gearbox testing, and strain monitoring on important components. The need for and usage of torque sensors for automotive applications is anticipated to be significantly impacted by strict pollution rules, shifting consumer preferences, and electrification technologies.
Torque Sensor Market Players
The global market is fragmented in nature with the presence of various key players such as PCB Piezotronics, Kistler Instrument, Crane Electronics, Honeywell, MagCanica, Datum Electronics, TE Connectivity, FUTEK Advanced Sensor Technology, HBM, Applied Measurements, Sensor Technology, Norbar Torque Too, Infineon Technologies along with medium and small-scale regional players operating in different parts of the world. Major companies in the market compete in terms of application development capability, product launches, and development of new technologies for product formulation.
June 20, 2023 – A key component of the answer for the worldwide decarbonization effort is to increase the energy efficiency of buildings. The XENSI PAS CO2 sensor for greener buildings was made available by Infineon Technologies AG to assist in meeting these criteria. The sensor contributes to 6 LEED credits (such as improved indoor air quality strategies and optimised energy performance) and 5 WELL features (such as ventilation design, air quality monitoring, and awareness).
June 01, 2021 – A new line of electronic torque wrenches with a total torque range of 0.45 to 800 Nm across 12 models were introduced by Norbar Torque Tools Ltd.
Who Should Buy? Or Key stakeholders
- Automotive manufacturers and suppliers
- Industrial machinery manufacturers and integrators
- Robotics and automation companies
- Energy and power generation companies
- Test and measurement equipment providers
- Process control and monitoring systems manufacturers
- Material handling and logistics companies
- Research Institutes
Torque Sensor Market Regional Analysis
Geographically, the torque sensor market is segmented into North America, South America, Europe, APAC and MEA.
- North America: includes the US, Canada, Mexico
- Europe: includes UK, Germany, France, Italy, Spain, Russia, and Rest of Europe
- Asia Pacific: includes China, Japan, South Korea, India, Australia, ASEAN and Rest of APAC
- South America: includes Brazil, Argentina and Rest of South America
- Middle East & Africa: includes Turkey, UAE, Saudi Arabia, South Africa, and Rest of MEA
The Asia Pacific area dominates the world market for torque sensors. The world’s largest manufacturer of autos is China, while major auto exporters include Japan and South Korea. India anticipates a sizable market for torque sensors due to the region’s rapidly expanding automobile sector. Future market growth for torque sensors is being fueled by Indian government regulations that encourage significant investment by manufacturers. Japan is the world’s leader in the production of factory automation systems and robots, accounting for 30.51% of the worldwide robot market. Thus, with a share of 52% in 2021, the Asia Pacific region had the strongest growth in the global torque sensor market.
With the growing need for torque sensors in the sector, North America is anticipated to hold the largest market for torque sensors globally after the Asia Pacific with a CAGR of 28.13% between 2022 and 2029. Future sales of torque sensors will be respectable in Europe, which will come next.
Key Market Segments: Torque Sensor Market
Torque Sensor Market By Type, 2020-2029, (USD Billion) (Thousand Units)
- Dynamic Torque Sensor
- Rotary torque sensor
- Non-contacting torque sensor
- Static Torque Sensor
Torque Sensor Market By Technology, 2020-2029, (USD Billion) (Thousand Units)
- Surface Acoustic Wave
- Magneto elastic
- Optical
- Strain Gauge
Torque Sensor Market By Application, 2020-2029, (USD Billion) (Thousand Units)
- Automotive
- Test & Measurement
- Industrial
- Aerospace & Defense
- Medical
Torque Sensor Market By Region, 2020-2029, (USD Billion) (Thousand Units)
- North America
- Europe
- Asia Pacific
- South America
- Middle East and Africa
Important Countries in All Regions Are Covered.
Exactitude Consultancy Services Key Objectives:
- Increasing sales and market share
- Developing new technology
- Improving profitability
- Entering new markets
- Enhancing brand reputation
Key Question Answered
- What is the expected growth rate of the torque sensor market over the next 7 years?
- Who are the major players in the torque sensor market and what is their market share?
- What are the end-user industries driving demand for market and what is their outlook?
- What are the opportunities for growth in emerging markets such as Asia-Pacific, Middle East, and Africa?
- How is the economic environment affecting the torque sensor market, including factors such as interest rates, inflation, and exchange rates?
- What is the expected impact of government policies and regulations on torque sensor market?
- What is the current and forecasted size and growth rate of the global torque sensor market?
- What are the key drivers of growth in the torque sensor market?
- Who are the major players in the market and what is their market share?
- What are the distribution channels and supply chain dynamics in the torque sensor market?
- What are the technological advancements and innovations in the torque sensor market and their impact on product development and growth?
- What are the regulatory considerations and their impact on the market?
- What are the challenges faced by players in the torque sensor market and how are they addressing these challenges?
- What are the opportunities for growth and expansion in the torque sensor market?
- What are the product offerings and specifications of leading players in the market?
- What is the pricing trend of torque sensor in the market and what is the impact of raw material prices on the price trend?
Table of Content
- INTRODUCTION
- MARKET DEFINITION
- MARKET SEGMENTATION
- RESEARCH TIMELINES
- ASSUMPTIONS AND LIMITATIONS
- RESEARCH METHODOLOGY
- DATA MINING
- SECONDARY RESEARCH
- PRIMARY RESEARCH
- SUBJECT-MATTER EXPERTS’ ADVICE
- QUALITY CHECKS
- FINAL REVIEW
- DATA TRIANGULATION
- BOTTOM-UP APPROACH
- TOP-DOWN APPROACH
- RESEARCH FLOW
- DATA SOURCES
- DATA MINING
- EXECUTIVE SUMMARY
- MARKET OVERVIEW
- TORQUE SENSOR MARKET OUTLOOK
- MARKET DRIVERS
- MARKET RESTRAINTS
- MARKET OPPORTUNITIES
- IMPACT OF COVID-19 ON TORQUE SENSOR MARKET
- PORTER’S FIVE FORCES MODEL
- THREAT FROM NEW ENTRANTS
- THREAT FROM SUBSTITUTES
- BARGAINING POWER OF SUPPLIERS
- BARGAINING POWER OF CUSTOMERS
- DEGREE OF COMPETITION
- INDUSTRY VALUE CHAIN ANALYSIS
- TORQUE SENSOR MARKET OUTLOOK
- GLOBAL TORQUE SENSOR MARKET BY TYPE, 2020-2029, (USD BILLION) (THOUSAND UNITS)
- DYNAMIC TORQUE SENSOR
- ROTARY TORQUE SENSOR
- NON-CONTACTING TORQUE SENSOR
- STATIC TORQUE SENSOR
- DYNAMIC TORQUE SENSOR
- GLOBAL TORQUE SENSOR MARKET BY TECHNOLOGY, 2020-2029, (USD BILLION) (THOUSAND UNITS)
- SURFACE ACOUSTIC WAVE
- MAGNETO ELASTIC
- OPTICAL
- STRAIN GAUGE
- GLOBAL TORQUE SENSOR MARKET BY APPLICATION, 2020-2029, (USD BILLION) (THOUSAND UNITS)
- AUTOMOTIVE
- TEST & MEASUREMENT
- INDUSTRIAL
- AEROSPACE & DEFENSE
- MEDICAL
- GLOBAL TORQUE SENSOR MARKET BY REGION, 2020-2029, (USD BILLION) (THOUSAND UNITS)
- NORTH AMERICA
- US
- CANADA
- MEXICO
- SOUTH AMERICA
- BRAZIL
- ARGENTINA
- COLOMBIA
- REST OF SOUTH AMERICA
- EUROPE
- GERMANY
- UK
- FRANCE
- ITALY
- SPAIN
- RUSSIA
- REST OF EUROPE
- ASIA PACIFIC
- INDIA
- CHINA
- JAPAN
- SOUTH KOREA
- AUSTRALIA
- SOUTH-EAST ASIA
- REST OF ASIA PACIFIC
- MIDDLE EAST AND AFRICA
- UAE
- SAUDI ARABIA
- SOUTH AFRICA
- REST OF MIDDLE EAST AND AFRICA
- NORTH AMERICA
- COMPANY PROFILES* (BUSINESS OVERVIEW, COMPANY SNAPSHOT, PRODUCTS OFFERED, RECENT DEVELOPMENTS)
- PCB PIEZOTRONICS
- KISTLER INSTRUMENT
- CRANE ELECTRONICS
- HONEYWELL
- MAGCANICA
- DATUM ELECTRONICS
- TE CONNECTIVITY
- FUTEK ADVANCED SENSOR TECHNOLOGY
- HBM
- APPLIED MEASUREMENTS
- SENSOR TECHNOLOGY
- NORBAR TORQUE TOO
- INFINEON *THE COMPANY LIST IS INDICATIVE
LIST OF TABLES
TABLE 1 GLOBAL TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 2 GLOBAL TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 3 GLOBAL TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 4 GLOBAL TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 5 GLOBAL TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 6 GLOBAL TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 7 GLOBAL TORQUE SENSOR MARKET BY REGION (USD BILLION) 2020-2029
TABLE 8 GLOBAL TORQUE SENSOR MARKET BY REGION (THOUSAND UNITS) 2020-2029
TABLE 9 NORTH AMERICA TORQUE SENSOR MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 10 NORTH AMERICA TORQUE SENSOR MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 11 NORTH AMERICA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 12 NORTH AMERICA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 13 NORTH AMERICA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 14 NORTH AMERICA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 15 NORTH AMERICA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 16 NORTH AMERICA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 17 US TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 18 US TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 19 US TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 20 US TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 21 US TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 22 US TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 23 CANADA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 24 CANADA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 25 CANADA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 26 CANADA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 27 CANADA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 28 CANADA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 29 MEXICO TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 30 MEXICO TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 31 MEXICO TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 32 MEXICO TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 33 MEXICO TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 34 MEXICO TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 35 SOUTH AMERICA TORQUE SENSOR MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 36 SOUTH AMERICA TORQUE SENSOR MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 37 SOUTH AMERICA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 38 SOUTH AMERICA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 39 SOUTH AMERICA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 40 SOUTH AMERICA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 41 SOUTH AMERICA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 42 SOUTH AMERICA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 43 BRAZIL TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 44 BRAZIL TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 45 BRAZIL TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 46 BRAZIL TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 47 BRAZIL TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 48 BRAZIL TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 49 ARGENTINA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 50 ARGENTINA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 51 ARGENTINA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 52 ARGENTINA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 53 ARGENTINA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 54 ARGENTINA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 55 COLOMBIA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 56 COLOMBIA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 57 COLOMBIA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 58 COLOMBIA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 59 COLOMBIA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 60 COLOMBIA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 61 REST OF SOUTH AMERICA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 62 REST OF SOUTH AMERICA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 63 REST OF SOUTH AMERICA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 64 REST OF SOUTH AMERICA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 65 REST OF SOUTH AMERICA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 66 REST OF SOUTH AMERICA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 67 ASIA-PACIFIC TORQUE SENSOR MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 68 ASIA-PACIFIC TORQUE SENSOR MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 69 ASIA-PACIFIC TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 70 ASIA-PACIFIC TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 71 ASIA-PACIFIC TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 72 ASIA-PACIFIC TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 73 ASIA-PACIFIC TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 74 ASIA-PACIFIC TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 75 INDIA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 76 INDIA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 77 INDIA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 78 INDIA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 79 INDIA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 80 INDIA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 81 CHINA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 82 CHINA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 83 CHINA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 84 CHINA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 85 CHINA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 86 CHINA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 87 JAPAN TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 88 JAPAN TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 89 JAPAN TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 90 JAPAN TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 91 JAPAN TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 92 JAPAN TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 93 SOUTH KOREA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 94 SOUTH KOREA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 95 SOUTH KOREA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 96 SOUTH KOREA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 97 SOUTH KOREA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 98 SOUTH KOREA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 99 AUSTRALIA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 100 AUSTRALIA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 101 AUSTRALIA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 102 AUSTRALIA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 103 AUSTRALIA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 104 AUSTRALIA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 105 SOUTH-EAST ASIA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 106 SOUTH-EAST ASIA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 107 SOUTH-EAST ASIA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 108 SOUTH-EAST ASIA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 109 SOUTH-EAST ASIA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 110 SOUTH-EAST ASIA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 111 REST OF ASIA PACIFIC TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 112 REST OF ASIA PACIFIC TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 113 REST OF ASIA PACIFIC TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 114 REST OF ASIA PACIFIC TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 115 REST OF ASIA PACIFIC TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 116 REST OF ASIA PACIFIC TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 117 EUROPE TORQUE SENSOR MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 118 EUROPE TORQUE SENSOR MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 119 EUROPE TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 120 EUROPE TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 121 EUROPE TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 122 EUROPE TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 123 EUROPE TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 124 EUROPE TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 125 GERMANY TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 126 GERMANY TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 127 GERMANY TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 128 GERMANY TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 129 GERMANY TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 130 GERMANY TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 131 UK TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 132 UK TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 133 UK TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 134 UK TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 135 UK TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 136 UK TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 137 FRANCE TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 138 FRANCE TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 139 FRANCE TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 140 FRANCE TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 141 FRANCE TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 142 FRANCE TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 143 ITALY TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 144 ITALY TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 145 ITALY TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 146 ITALY TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 147 ITALY TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 148 ITALY TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 149 SPAIN TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 150 SPAIN TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 151 SPAIN TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 152 SPAIN TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 153 SPAIN TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 154 SPAIN TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 155 RUSSIA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 156 RUSSIA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 157 RUSSIA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 158 RUSSIA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 159 RUSSIA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 160 RUSSIA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 161 REST OF EUROPE TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 162 REST OF EUROPE TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 163 REST OF EUROPE TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 164 REST OF EUROPE TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 165 REST OF EUROPE TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 166 REST OF EUROPE TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 167 MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY COUNTRY (USD BILLION) 2020-2029
TABLE 168 MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY COUNTRY (THOUSAND UNITS) 2020-2029
TABLE 169 MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 170 MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 171 MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 172 MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 173 MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 174 MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 175 UAE TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 176 UAE TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 177 UAE TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 178 UAE TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 179 UAE TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 180 UAE TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 181 SAUDI ARABIA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 182 SAUDI ARABIA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 183 SAUDI ARABIA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 184 SAUDI ARABIA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 185 SAUDI ARABIA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 186 SAUDI ARABIA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 187 SOUTH AFRICA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 188 SOUTH AFRICA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 189 SOUTH AFRICA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 190 SOUTH AFRICA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 191 SOUTH AFRICA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 192 SOUTH AFRICA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
TABLE 193 REST OF MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY TYPE (USD BILLION) 2020-2029
TABLE 194 REST OF MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY TYPE (THOUSAND UNITS) 2020-2029
TABLE 195 REST OF MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY TECHNOLOGY (USD BILLION) 2020-2029
TABLE 196 REST OF MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY TECHNOLOGY (THOUSAND UNITS) 2020-2029
TABLE 197 REST OF MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY APPLICATION (USD BILLION) 2020-2029
TABLE 198 REST OF MIDDLE EAST AND AFRICA TORQUE SENSOR MARKET BY APPLICATION (THOUSAND UNITS) 2020-2029
LIST OF FIGURES
FIGURE 1 MARKET DYNAMICS
FIGURE 2 MARKET SEGMENTATION
FIGURE 3 REPORT TIMELINES: YEARS CONSIDERED
FIGURE 4 DATA TRIANGULATION
FIGURE 5 BOTTOM-UP APPROACH
FIGURE 6 TOP-DOWN APPROACH
FIGURE 7 RESEARCH FLOW
FIGURE 8 GLOBAL TORQUE SENSOR MARKET BY TYPE USD BILLION, 2022-2029
FIGURE 9 GLOBAL TORQUE SENSOR MARKET BY TECHNOLOGY USD BILLION, 2022-2029
FIGURE 10 GLOBAL TORQUE SENSOR MARKET BY APPLICATION, USD BILLION, 2022-2029
FIGURE 11 GLOBAL TORQUE SENSOR MARKET BY REGION, USD BILLION, 2022-2029
FIGURE 12 PORTER’S FIVE FORCES MODEL
FIGURE 13 GLOBAL TORQUE SENSOR MARKET BY TYPE USD BILLION, 2021
FIGURE 14 GLOBAL TORQUE SENSOR MARKET BY TECHNOLOGY, USD BILLION, 2021
FIGURE 15 GLOBAL TORQUE SENSOR MARKET BY APPLICATION, USD BILLION, 2021
FIGURE 16 GLOBAL TORQUE SENSOR MARKET BY REGION, USD BILLION, 2021
FIGURE 17 MARKET SHARE ANALYSIS
FIGURE 18 PCB PIEZOTRONICS: COMPANY SNAPSHOT
FIGURE 19 KISTLER INSTRUMENT: COMPANY SNAPSHOT
FIGURE 20 CRANE ELECTRONICS: COMPANY SNAPSHOT
FIGURE 21 HONEYWELL: COMPANY SNAPSHOT
FIGURE 22 MAGCANICA: COMPANY SNAPSHOT
FIGURE 23 DATUM ELECTRONICS: COMPANY SNAPSHOT
FIGURE 24 TE CONNECTIVITY: COMPANY SNAPSHOT
FIGURE 25 FUTEK ADVANCED SENSOR TECHNOLOGY: COMPANY SNAPSHOT
FIGURE 26 HBM: COMPANY SNAPSHOT
FIGURE 27 APPLIED MEASUREMENTS: COMPANY SNAPSHOT
FIGURE 28 SENSOR TECHNOLOGY: COMPANY SNAPSHOT
FIGURE 29 NORBAR TORQUE TOO: COMPANY SNAPSHOT
FIGURE 30 INFINEON TECHNOLOGIES: COMPANY SNAPSHOT
FAQ
The torque sensor market is expected to reach USD 8.73 billion by the end of 2023.
Miniaturization and Integration of torque sensor is key trend gaining popularity in market.
The global torque sensor market size was valued at USD 7.21 billion in 2020, and projected to reach USD 12.79 billion by 2029, with a CAGR of 6.58% from 2022 to 2029.
The Asia Pacific dominated the global industry in 2021 and accounted for the maximum share of more than 52% of the overall revenue.
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