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Torque Sensors-Global Market Insights and Sales Trends 2024
Synopsis
Torque sensor is the measurement of torsional moment perception on various rotating or non-rotating mechanical parts.A torque sensor converts a physical change in torque to an accurate electrical signal.
The global Torque Sensors market size is expected to reach US$ 11810 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Torque Sensors in various end use industries. The expanding demands from the Automotive, Manufacturing, Aerospace and Defense and Healthcare, are propelling Torque Sensors market. Reaction Torque Sensor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rotary Torque Sensor segment is estimated at % CAGR for the next seven-year period.
Torque sensors are being increasingly used on the account of teri expanding application across various industries such as healthcare, and automotive among others.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Torque Sensors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Torque Sensors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Torque Sensors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Torque Sensors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Torque Sensors covered in this report include Kistler, Honeywell International, DATUM ELECTRONICS, PCB Piezotronics, FUTEK Advanced Sensor Technology, DEPRAG SCHULZ and Crane Electronics, etc.
The global Torque Sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kistler
Honeywell International
DATUM ELECTRONICS
PCB Piezotronics
FUTEK Advanced Sensor Technology
DEPRAG SCHULZ
Crane Electronics
Global Torque Sensors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Torque Sensors market, Segment by Type:
Reaction Torque Sensor
Rotary Torque Sensor
Super Acoustic Wave (SAW) Torque Sensor
Optical Torque Sensor
Others
Global Torque Sensors market, by Application
Automotive
Manufacturing
Aerospace and Defense
Healthcare
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Torque Sensors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Torque Sensors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Torque sensor is the measurement of torsional moment perception on various rotating or non-rotating mechanical parts.A torque sensor converts a physical change in torque to an accurate electrical signal.
The global Torque Sensors market size is expected to reach US$ 11810 million by 2029, growing at a CAGR of 4.5% from 2023 to 2029. The market is mainly driven by the significant applications of Torque Sensors in various end use industries. The expanding demands from the Automotive, Manufacturing, Aerospace and Defense and Healthcare, are propelling Torque Sensors market. Reaction Torque Sensor, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Rotary Torque Sensor segment is estimated at % CAGR for the next seven-year period.
Torque sensors are being increasingly used on the account of teri expanding application across various industries such as healthcare, and automotive among others.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Torque Sensors, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Torque Sensors market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Torque Sensors market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Torque Sensors sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Torque Sensors covered in this report include Kistler, Honeywell International, DATUM ELECTRONICS, PCB Piezotronics, FUTEK Advanced Sensor Technology, DEPRAG SCHULZ and Crane Electronics, etc.
The global Torque Sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Kistler
Honeywell International
DATUM ELECTRONICS
PCB Piezotronics
FUTEK Advanced Sensor Technology
DEPRAG SCHULZ
Crane Electronics
Global Torque Sensors market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Torque Sensors market, Segment by Type:
Reaction Torque Sensor
Rotary Torque Sensor
Super Acoustic Wave (SAW) Torque Sensor
Optical Torque Sensor
Others
Global Torque Sensors market, by Application
Automotive
Manufacturing
Aerospace and Defense
Healthcare
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Torque Sensors manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Torque Sensors in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Torque Sensors Market Overview
1.1 Torque Sensors Product Overview
1.2 Torque Sensors Market Segment by Type
1.2.1 Reaction Torque Sensor
1.2.2 Rotary Torque Sensor
1.2.3 Super Acoustic Wave (SAW) Torque Sensor
1.2.4 Optical Torque Sensor
1.2.5 Others
1.3 Global Torque Sensors Market Size by Type
1.3.1 Global Torque Sensors Market Size Overview by Type (2018-2029)
1.3.2 Global Torque Sensors Historic Market Size Review by Type (2018-2023)
1.3.3 Global Torque Sensors Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Torque Sensors Sales Breakdown by Type (2018-2023)
1.4.2 Europe Torque Sensors Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Torque Sensors Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Torque Sensors Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Torque Sensors Sales Breakdown by Type (2018-2023)
2 Global Torque Sensors Market Competition by Company
2.1 Global Top Players by Torque Sensors Sales (2018-2023)
2.2 Global Top Players by Torque Sensors Revenue (2018-2023)
2.3 Global Top Players by Torque Sensors Price (2018-2023)
2.4 Global Top Manufacturers Torque Sensors Manufacturing Base Distribution, Sales Area, Product Type
2.5 Torque Sensors Market Competitive Situation and Trends
2.5.1 Torque Sensors Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Torque Sensors Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Torque Sensors as of 2022)
2.7 Date of Key Manufacturers Enter into Torque Sensors Market
2.8 Key Manufacturers Torque Sensors Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Torque Sensors Status and Outlook by Region
3.1 Global Torque Sensors Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Torque Sensors Historic Market Size by Region
3.2.1 Global Torque Sensors Sales in Volume by Region (2018-2023)
3.2.2 Global Torque Sensors Sales in Value by Region (2018-2023)
3.2.3 Global Torque Sensors Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Torque Sensors Forecasted Market Size by Region
3.3.1 Global Torque Sensors Sales in Volume by Region (2024-2029)
3.3.2 Global Torque Sensors Sales in Value by Region (2024-2029)
3.3.3 Global Torque Sensors Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Torque Sensors by Application
4.1 Torque Sensors Market Segment by Application
4.1.1 Automotive
4.1.2 Manufacturing
4.1.3 Aerospace and Defense
4.1.4 Healthcare
4.1.5 Others
4.2 Global Torque Sensors Market Size by Application
4.2.1 Global Torque Sensors Market Size Overview by Application (2018-2029)
4.2.2 Global Torque Sensors Historic Market Size Review by Application (2018-2023)
4.2.3 Global Torque Sensors Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Torque Sensors Sales Breakdown by Application (2018-2023)
4.3.2 Europe Torque Sensors Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Torque Sensors Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Torque Sensors Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Torque Sensors Sales Breakdown by Application (2018-2023)
5 North America Torque Sensors by Country
5.1 North America Torque Sensors Historic Market Size by Country
5.1.1 North America Torque Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Torque Sensors Sales in Volume by Country (2018-2023)
5.1.3 North America Torque Sensors Sales in Value by Country (2018-2023)
5.2 North America Torque Sensors Forecasted Market Size by Country
5.2.1 North America Torque Sensors Sales in Volume by Country (2024-2029)
5.2.2 North America Torque Sensors Sales in Value by Country (2024-2029)
6 Europe Torque Sensors by Country
6.1 Europe Torque Sensors Historic Market Size by Country
6.1.1 Europe Torque Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Torque Sensors Sales in Volume by Country (2018-2023)
6.1.3 Europe Torque Sensors Sales in Value by Country (2018-2023)
6.2 Europe Torque Sensors Forecasted Market Size by Country
6.2.1 Europe Torque Sensors Sales in Volume by Country (2024-2029)
6.2.2 Europe Torque Sensors Sales in Value by Country (2024-2029)
7 Asia-Pacific Torque Sensors by Region
7.1 Asia-Pacific Torque Sensors Historic Market Size by Region
7.1.1 Asia-Pacific Torque Sensors Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Torque Sensors Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Torque Sensors Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Torque Sensors Forecasted Market Size by Region
7.2.1 Asia-Pacific Torque Sensors Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Torque Sensors Sales in Value by Region (2024-2029)
8 Latin America Torque Sensors by Country
8.1 Latin America Torque Sensors Historic Market Size by Country
8.1.1 Latin America Torque Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Torque Sensors Sales in Volume by Country (2018-2023)
8.1.3 Latin America Torque Sensors Sales in Value by Country (2018-2023)
8.2 Latin America Torque Sensors Forecasted Market Size by Country
8.2.1 Latin America Torque Sensors Sales in Volume by Country (2024-2029)
8.2.2 Latin America Torque Sensors Sales in Value by Country (2024-2029)
9 Middle East and Africa Torque Sensors by Country
9.1 Middle East and Africa Torque Sensors Historic Market Size by Country
9.1.1 Middle East and Africa Torque Sensors Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Torque Sensors Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Torque Sensors Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Torque Sensors Forecasted Market Size by Country
9.2.1 Middle East and Africa Torque Sensors Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Torque Sensors Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Kistler
10.1.1 Kistler Company Information
10.1.2 Kistler Introduction and Business Overview
10.1.3 Kistler Torque Sensors Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Kistler Torque Sensors Products Offered
10.1.5 Kistler Recent Development
10.2 Honeywell International
10.2.1 Honeywell International Company Information
10.2.2 Honeywell International Introduction and Business Overview
10.2.3 Honeywell International Torque Sensors Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Honeywell International Torque Sensors Products Offered
10.2.5 Honeywell International Recent Development
10.3 DATUM ELECTRONICS
10.3.1 DATUM ELECTRONICS Company Information
10.3.2 DATUM ELECTRONICS Introduction and Business Overview
10.3.3 DATUM ELECTRONICS Torque Sensors Sales, Revenue and Gross Margin (2018-2023)
10.3.4 DATUM ELECTRONICS Torque Sensors Products Offered
10.3.5 DATUM ELECTRONICS Recent Development
10.4 PCB Piezotronics
10.4.1 PCB Piezotronics Company Information
10.4.2 PCB Piezotronics Introduction and Business Overview
10.4.3 PCB Piezotronics Torque Sensors Sales, Revenue and Gross Margin (2018-2023)
10.4.4 PCB Piezotronics Torque Sensors Products Offered
10.4.5 PCB Piezotronics Recent Development
10.5 FUTEK Advanced Sensor Technology
10.5.1 FUTEK Advanced Sensor Technology Company Information
10.5.2 FUTEK Advanced Sensor Technology Introduction and Business Overview
10.5.3 FUTEK Advanced Sensor Technology Torque Sensors Sales, Revenue and Gross Margin (2018-2023)
10.5.4 FUTEK Advanced Sensor Technology Torque Sensors Products Offered
10.5.5 FUTEK Advanced Sensor Technology Recent Development
10.6 DEPRAG SCHULZ
10.6.1 DEPRAG SCHULZ Company Information
10.6.2 DEPRAG SCHULZ Introduction and Business Overview
10.6.3 DEPRAG SCHULZ Torque Sensors Sales, Revenue and Gross Margin (2018-2023)
10.6.4 DEPRAG SCHULZ Torque Sensors Products Offered
10.6.5 DEPRAG SCHULZ Recent Development
10.7 Crane Electronics
10.7.1 Crane Electronics Company Information
10.7.2 Crane Electronics Introduction and Business Overview
10.7.3 Crane Electronics Torque Sensors Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Crane Electronics Torque Sensors Products Offered
10.7.5 Crane Electronics Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Torque Sensors Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Torque Sensors Industrial Chain Analysis
11.4 Torque Sensors Market Dynamics
11.4.1 Torque Sensors Industry Trends
11.4.2 Torque Sensors Market Drivers
11.4.3 Torque Sensors Market Challenges
11.4.4 Torque Sensors Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Torque Sensors Distributors
12.3 Torque Sensors Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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