Torque Sensors Market, By Type (Rotary Torque Sensors, Reaction Torque Sensors, SAW Torque Sensors, Optical Torque Sensors, Others), By Mechanical Configuration (Shaft Style, Flange Style), By Application (Automotive & Transportation, Aerospace & Defense,

Torque Sensors Market, By Type (Rotary Torque Sensors, Reaction Torque Sensors, SAW Torque Sensors, Optical Torque Sensors, Others), By Mechanical Configuration (Shaft Style, Flange Style), By Application (Automotive & Transportation, Aerospace & Defense, Medical & Healthcare, Others), By Region (North America, Latin America, Europe, APAC, MEA) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Torque sensors, sometimes called rotary torque testers, are used in various applications where the torque measurement has to be taken at a turning shaft. Most such sensors are driven by an electrical motor (the driving unit), but there are some that are driven by a direct transmission shaft (ESD). These sensors provide the user with the ability to measure both rotary and straight thrust torque. They also have the ability to measure changes in velocity and acceleration. A rotary or ESD torque sensor is normally a wire wound spring-loaded by a variable resistance that is then activated by an electric current passing through it. This device produces a very weak magnetic signal as the wheel spins on the shaft. When the wire is twisted or bent it produces a much stronger signal. As the wheel moves on the shaft, the distance between the two ends of the wire is measured and this measured value is interpreted by the sensor.
Market Dynamics
Growing use of torque sensors in robotics is expected to boost the global torque sensor market growth over the forecast period. Apart from automobile applications, torque sensors are widely used in robotics. They measure the torque outputted during the arm movement. Generally, these torque sensors are mounted between the robot arm servo motor and its mounting points. With growing adoption of robotics across various sectors including healthcare, supply chain, automobile, e-commerce, etc. has increased the demand for torque sensors massively.
Furthermore, increasing demand for advanced high-performance vehicles is expected to accelerate growth of the global torque sensor market growth over the forecast period.
Key features of the study:
This report provides in-depth analysis of the torque sensor market, and provides market size (US$ 517.3Million) and compound annual growth rate (6.29%) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global torque sensor market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include ABB Ltd., Datum Electronics Limited, ATI Industrial Automation, Inc., HBM GmBH, FUTEK Advanced Sensor Technology, Inc., Kistler Holding AG, Interface Inc., and Crane Electronics Ltd.
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global torque sensor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global torque sensor market
Detailed Segmentation:
Global Torque Sensor Market, By Type
Rotary Torque Sensors
Reaction Torque Sensors
SAW Torque Sensors
Optical Torque Sensors
Others

Global Torque Sensor Market, By Mechanical Configuration
Shaft Style
Flange Style
Global Torque Sensor Market, By Application
Automotive & Transportation
Aerospace & Defense
Medical & Healthcare
Others


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product
Market Snippet, By Mechanical Configuration
Market Snippet, By Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
4. Global Torque Sensor Market, Product, 2017-2028 (US$ Million)
Introduction
Market Share Analysis, 2022 and 2028 (%)
Segment Trends
Rotary Torque Sensors
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
Reaction Torque Sensors
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
SAW Torque Sensors
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
Optical Torque Sensors
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
Others
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
5. Global Torque Sensor Market, By Mechanical Configuration, 2017-2028 (US$ Million)
Introduction
Market Share Analysis, 2022 and 2028 (%)
Segment Trends
Shaft Style
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
Flange Style
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
6. Global Torque Sensor Market, By Application, 2017-2028 (US$ Million)
Introduction
Market Share Analysis, 2022 and 2028 (%)
Segment Trends
Automotive & Transportation
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
Aerospace & Defense
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
Medical & Healthcare
Introduction
Market Size and Forecast, 2017–2028, (US$ Million)
Others
Market Share Analysis, 2022 and 2028 (%)
Segment Trends
7. Global Torque Sensor Market, By Region, 2017-2028 (US$ Million)
Introduction
Market Share Analysis, By Region, 2022 and 2028 (%)
North America
Regional Trends
Market Size and Forecast, By Product, 2017–2028 (US$ Million)
Market Size and Forecast, By Mechanical Configuration, 2017–2028 (US$ Million)
Market Size and Forecast, By Application, 2017–2028 (US$ Million)
Market Share Analysis, By Country, 2022 and 2028 (%)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Product, 2017–2028 (US$ Million)
Market Size and Forecast, By Mechanical Configuration, 2017–2028 (US$ Million)
Market Size and Forecast, By Application, 2017–2028 (US$ Million)
Market Share Analysis, By Country, 2022 and 2028 (%)
U.K.
Germany
Italy
France
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Product, 2017–2028 (US$ Million)
Market Size and Forecast, By Mechanical Configuration, 2017–2028 (US$ Million)
Market Size and Forecast, By Application, 2017–2028 (US$ Million)
Market Share Analysis, By Country, 2022 and 2028 (%)
China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Market Size and Forecast, By Product, 2017–2028 (US$ Million)
Market Size and Forecast, By Mechanical Configuration, 2017–2028 (US$ Million)
Market Size and Forecast, By Application, 2017–2028 (US$ Million)
Market Share Analysis, By Country, 2022 and 2028 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
Regional Trends
Market Size and Forecast, By Product, 2017–2028 (US$ Million)
Market Size and Forecast, By Mechanical Configuration, 2017–2028 (US$ Million)
Market Size and Forecast, By Application, 2017–2028 (US$ Million)
Market Share Analysis, By Country, 2022 and 2028 (%)
GCC Countries
South Africa
Rest of the Middle East and Africa
8. Competitive Landscape
Company Profiles
ABB Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Datum Electronics Limited
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
ATI Industrial Automation, Inc Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
HBM GmBH
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
FUTEK Advanced Sensor Technology, Inc.,
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Kistler Holding AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Interface Inc.,
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Crane Electronics Ltd
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
9. Section
References
Research Methodology
About us and Sales Contact
*Browse XX market data tables and XX figures on “4. Global Torque Sensor Market -forecast to 2028”.

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