Global Torque Sensor Market Analysis & Trends - Industry Forecast to 2027
The Global Torque Sensor Market is poised to grow strong during the forecast period 2017 to 2027. Some of the prominent trends that the market is witnessing include development of wireless and non-contact torque sensors, growing implementation of industrial automation technologies and new and innovative torque sensors.
Based on type, market is segmented into reaction torque sensors, rotary torque sensors. Rotary torque sensors are subdivided into noncontact-based sensing and contact-based sensing. Amongst measurement technique, the market is categorized into telemetry, in-line, optical, slip ring, infrared and other measurement techniques.
By technology, market is classified into strain gauge, magnetoelastic, optical, surface acoustic wave and other technologies. On basis of mechanical configuration, market is divided into shaft style and flange style.
Depending on application, market is categorized into aerospace & defense, test & measurement, industrial, automotive, manufacturing, transportation, oil and gas, robotics, printing and packaging and other applications. Other applications are sub segmented into medical and healthcare, agriculture and mining.
This industry report analyzes the market estimates and forecasts of all the given segments on global as well as regional levels presented in the research scope. The study provides historical market data for 2015, 2016 revenue estimations are presented for 2017 and forecasts from 2018 till 2027. The study focuses on market trends, leading players, supply chain trends, technological innovations, key developments, and future strategies. With comprehensive market assessment across the major geographies such as North America, Europe, Asia Pacific, Middle East, Latin America and Rest of the world the report is a valuable asset for the existing players, new entrants and the future investors.
The study presents detailed market analysis with inputs derived from industry professionals across the value chain. A special focus has been made on 23 countries such as U.S., Canada, Mexico, U.K., Germany, Spain, France, Italy, China, Brazil, Saudi Arabia, South Africa, etc. The market data is gathered from extensive primary interviews and secondary research. The market size is calculated based on the revenue generated through sales from all the given segments and sub segments in the research scope. The market sizing analysis includes both top-down and bottom-up approaches for data validation and accuracy measures.
This report provides data tables, includes charts and graphs for visual analysis.
- Rest of Europe
- New Zealand
- Rest of Asia Pacific
- Saudi Arabia
- Rest of Middle East
- Rest of Latin America
Rest of the World
- South Africa
- The report provides a detailed analysis on current and future market trends to identify the investment opportunities
- Market forecasts till 2027, using estimated market values as the base numbers
- Key market trends across the business segments, Regions and Countries
- Key developments and strategies observed in the market
- Market Dynamics such as Drivers, Restraints, Opportunities and other trends
- In-depth company profiles of key players and upcoming prominent players
- Growth prospects among the emerging nations through 2027
- Market opportunities and recommendations for new investments
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