Torque Sensor Market by Type (Reaction Torque Sensors, Rotary Torque Sensors), Application (Automotive, Industrial, Test & Measurement, Aerospace & Defense, and Others), Technology, and Region – 2024 to 2029

SKU: GMS342

Format: PDF

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OVERVIEW

The overall market for torque sensors is expected to reach USD 14.85 billion by 2024, rising at a CAGR of 7.9% during the forecast period. The main drivers of market growth are the increasing demand for advanced high-performance vehicles, the rising importance of torque calculation and the increasing demand for electrical power steering (EPS) torque sensors.

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 1

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 2

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 3

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 4

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 5

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 6

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 7

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 8

TABLE OF CONTENT

1 Global Torque Sensor Market 
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Torque Sensor Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Torque Sensor Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Torque Sensor Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Torque Sensor Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Torque Sensor Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Torque Sensor Market – By Type (Market Size – &million/billion)
8.1 Rotary Torque Sensor
8.2 Reaction Torque Sensor

9 Global Torque Sensor Market – By Technology
9.1 SAW
9.2 Optical
9.3 Strain Gauge
9.4 Magnetoelastic

10 Global Torque Sensor Market – By Application
10.1 Aerospace & Defense
10.2 Industrial
10.3 Automotive
10.4 Test and Measurement
10.5 Others

11 Global Torque Sensor Market – By Geography (Market Size – & million/billion)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K
11.3.2 Germany
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 Rest of the World
11.5.1 South America
11.5.2 Middle East
11.5.3 Africa

12 Global Torque Sensor Market – Entropy
12.1 New product launches
12.2 M&A’s, collaborations, JVs and partnerships

13 Global Torque Sensor Market Company Profile (Key Players)
13.1 Market Share, Company Revenue, Products, M&A, Developments
13.2 ABB
13.3 Honeywell International
13.4 Crane Electronics
13.5 Kistler Holding
13.6 Sensor Technology
13.7 Norbar Torque Tools
13.8 Futek Advanced Sensor Technology
13.9 Applied Measurements
13.10 HBM
13.11 Company 11 & more

14 Global Torque Sensor Market – Appendix
14.1 Sources
14.2 Abbreviations

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OVERVIEW

The overall market for torque sensors is expected to reach USD 14.85 billion by 2024, rising at a CAGR of 7.9% during the forecast period. The main drivers of market growth are the increasing demand for advanced high-performance vehicles, the rising importance of torque calculation and the increasing demand for electrical power steering (EPS) torque sensors.

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 9

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 10

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 11

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 12

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 13

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 14

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 15

Torque sensor market by type (reaction torque sensors, rotary torque sensors), application (automotive, industrial, test & measurement, aerospace & defense, and others), technology, and region - 2024 to 2029 16

TABLE OF CONTENT

1 Global Torque Sensor Market 
1.1 Study Objectives
1.2 Market Definition
1.3 Study Scope
1.3.1 Markets Covered
1.3.2 Geographic Scope

2 RESEARCH METHODOLOGY
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Research Assumptions

3 Global Torque Sensor Market – Executive Summary
3.1 Market Revenue, Market Size and Key Trends by Company
3.2 Key Trends by type of Application
3.3 Key Trends segmented by Geography

4 Global Torque Sensor Market – Comparative Analysis
4.1 Product Benchmarking – Top 10 companies
4.2 Top 5 Financials Analysis
4.3 Market Value split by Top 10 companies
4.4 Patent Analysis – Top 10 companies
4.5 Pricing Analysis

5 Global Torque Sensor Market – Industry Market Entry Scenario
5.1 Regulatory Framework Overview
5.2 New Business and Ease of Doing business index
5.3 Case studies of successful ventures
5.4 Customer Analysis – Top 10 companies

6 Global Torque Sensor Market – Market Forces
6.1 Introduction
6.2 Market Dynamics
6.2.1 Drivers
6.2.2 Challenges
6.3 Porters Analysis of Market
6.3.1 Bargaining power of suppliers
6.3.2 Bargaining powers of customers
6.3.3 Threat of new entrants
6.3.4 Rivalry among existing players
6.3.5 Threat of substitutes

7 Global Torque Sensor Market – Strategic Analysis
7.1 Value Chain analysis
7.2 Product Life Cycle
7.3 Supplier and distributor analysis (Market share and product dealing strategies)

8 Global Torque Sensor Market – By Type (Market Size – &million/billion)
8.1 Rotary Torque Sensor
8.2 Reaction Torque Sensor

9 Global Torque Sensor Market – By Technology
9.1 SAW
9.2 Optical
9.3 Strain Gauge
9.4 Magnetoelastic

10 Global Torque Sensor Market – By Application
10.1 Aerospace & Defense
10.2 Industrial
10.3 Automotive
10.4 Test and Measurement
10.5 Others

11 Global Torque Sensor Market – By Geography (Market Size – & million/billion)
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 U.K
11.3.2 Germany
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia-Pacific
11.4.1 China
11.4.2 Japan
11.4.3 India
11.4.4 South Korea
11.4.5 Rest of APAC
11.5 Rest of the World
11.5.1 South America
11.5.2 Middle East
11.5.3 Africa

12 Global Torque Sensor Market – Entropy
12.1 New product launches
12.2 M&A’s, collaborations, JVs and partnerships

13 Global Torque Sensor Market Company Profile (Key Players)
13.1 Market Share, Company Revenue, Products, M&A, Developments
13.2 ABB
13.3 Honeywell International
13.4 Crane Electronics
13.5 Kistler Holding
13.6 Sensor Technology
13.7 Norbar Torque Tools
13.8 Futek Advanced Sensor Technology
13.9 Applied Measurements
13.10 HBM
13.11 Company 11 & more

14 Global Torque Sensor Market – Appendix
14.1 Sources
14.2 Abbreviations

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