Torque Sensor Market Intelligence Report - Global Forecast to 2027
Description
The Global Torque Sensor Market is projected to reach USD 10,714.49 million by 2027 from USD 7,037.32 million in 2021, at a CAGR 7.25% during the forecast period.
Market Statistics:
The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2019 and 2020 are considered historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered the forecast period.
- The Americas Torque Sensor Market size was estimated at USD 1,963.11 million in 2021 and expected to reach USD 2,057.61 million in 2022, at a CAGR 6.52% to reach USD 2,868.97 million by 2027.
- The Asia-Pacific Torque Sensor Market size was estimated at USD 2,530.23 million in 2021 and expected to reach USD 2,751.07 million in 2022, at a CAGR 7.82% to reach USD 3,975.26 million by 2027.
- The Europe, Middle East & Africa Torque Sensor Market size was estimated at USD 2,543.97 million in 2021 and expected to reach USD 2,720.82 million in 2022, at a CAGR 7.24% to reach USD 3,870.25 million by 2027.
Market Segmentation & Coverage:
The report on torque sensor identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan.
This research report categorizes the torque sensor to forecast the revenues and analyze the trends in each of the following sub-markets:
Type:
- Reaction Torque Sensors
- Rotary Torque Sensors
- Contact-Based Sensing
- Noncontact-Based Sensing
Technology:
- Magnetoelastic
- Optical
- Strain Gauge
- Surface Acoustic Wave
Application:
- Aerospace & Defense
- Automotive
- Industrial
- Test & Measurement
Region:
- Americas
- Argentina
- Brazil
- Canada
- Mexico
- United States
- California
- Florida
- Illinois
- Indiana
- Kentucky
- Michigan
- Missouri
- New York
- Ohio
- Pennsylvania
- Tennessee
- Texas
- Asia-Pacific
- Australia
- China
- India
- Indonesia
- Japan
- Malaysia
- Philippines
- Singapore
- South Korea
- Taiwan
- Thailand
- Europe, Middle East & Africa
- France
- Germany
- Italy
- Netherlands
- Qatar
- Russia
- Saudi Arabia
- South Africa
- Spain
- United Arab Emirates
- United Kingdom
Company Usability Profiles:
- ABB Ltd.
- Aimco Global
- Applied Measurements Ltd.
- Cooper Instruments & Systems
- Crane Electronics Ltd.
- Datum Electronics Ltd.
- FUTEK Advanced Sensor Technology, Inc.
- HBM Inc.
- Honeywell International Inc.
- Infineon Technologies AG
- Interface, Inc.
- Kistler Group
- Mountz, Inc.
- Norbar Torque Tools
- NSK Ltd.
- PCB Piezotronics, Inc.
- S. Himmelstein and Company
- Sensor Technology Ltd.
- TE Connectivity
- Teledyne Technologies
- Transense Technologies
Base Year: 2021
Estimated Year: 2022
Forecast Year: 2027
Base Year Value: USD 7,037.32 million
Estimated Year Value: USD 7,529.50 million
Forecast Year Value: USD 10,714.49 million
CAGR (%): 7.25%.
Please Note: PDF & Excel + Online Access - 1 Year
Table of Contents
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Market Overview
- 4. Americas Torque Sensor Market
- 4.1. Introduction
- 4.2. Argentina
- 4.3. Brazil
- 4.4. Canada
- 4.5. Mexico
- 4.6. United States
- 5. Asia-Pacific Torque Sensor Market
- 5.1. Introduction
- 5.2. Australia
- 5.3. China
- 5.4. India
- 5.5. Indonesia
- 5.6. Japan
- 5.7. Malaysia
- 5.8. Philippines
- 5.9. Singapore
- 5.10. South Korea
- 5.11. Taiwan
- 5.12. Thailand
- 6. Europe, Middle East & Africa Torque Sensor Market
- 6.1. Introduction
- 6.2. France
- 6.3. Germany
- 6.4. Italy
- 6.5. Netherlands
- 6.6. Qatar
- 6.7. Russia
- 6.8. Saudi Arabia
- 6.9. South Africa
- 6.10. Spain
- 6.11. United Arab Emirates
- 6.12. United Kingdom
- 7. Company Usability Profiles
- 7.1. ABB Ltd.
- 7.2. Aimco Global
- 7.3. Applied Measurements Ltd.
- 7.4. Cooper Instruments & Systems
- 7.5. Crane Electronics Ltd.
- 7.6. Datum Electronics Ltd.
- 7.7. FUTEK Advanced Sensor Technology, Inc.
- 7.8. HBM Inc.
- 7.9. Honeywell International Inc.
- 7.10. Infineon Technologies AG
- 7.11. Interface, Inc.
- 7.12. Kistler Group
- 7.13. Mountz, Inc.
- 7.14. Norbar Torque Tools
- 7.15. NSK Ltd.
- 7.16. PCB Piezotronics, Inc.
- 7.17. S. Himmelstein and Company
- 7.18. Sensor Technology Ltd.
- 7.19. TE Connectivity
- 7.20. Teledyne Technologies
- 7.21. Transense Technologies
Pricing
Currency Rates



