Report cover image

Torque Sensors Market, By Product Type (Rotary Torque Sensors and Reaction Torque Sensors), By Application (Automotive, Test & Measurement, Industrial, Aerospace & Defense, Manufacturing, Others), By Geography (North America, Latin America, Europe, Asia P

Publisher Coherent Market Insights
Published Feb 14, 2025
Length 170 Pages
SKU # CMI19681837

Description

Global torque sensors market growth is driven by rising automation across various industrial sectors. Torque sensors play a vital role in enabling precision measurement and control in automated machinery and equipment. These help monitor torque levels in engines, transmissions, and other mechanical systems. The miniaturization of sensors and emergence of non-contact torque sensors variants have further boosted the applications of these devices in new areas. Various technological advancements like improved accuracy and speed have boosted the adoption of torque sensors. The market can witness growth due to increasing industrial automation, expanding automotive production, and rise of electric vehicles worldwide.

Market Dynamics:

Global torque sensors market growth is driven by rising demand from automotive and industrial sectors. Growing automation and prevalence of robotics have increased the need for precision torque measurement devices across various production lines. Increased R&D investments by manufacturers to develop advanced sensor technologies with higher accuracy and speeds can drive the market growth. However, high costs associated with sensor development and manufacturing can hamper the market growth during the forecast period. Growing electric vehicles production worldwide can offer lucrative opportunities for torque sensor vendors as EVs have more number of sensors installed per vehicle compared to conventional vehicles. Rising demand for autonomous heavy-duty vehicles for logistics can offer market growth opportunities.

Key features of the study:
  • This report provides in-depth analysis of the global torque sensors market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025–2032), considering 2024 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 sensors 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., Applied Measurements Ltd., Crane Electronics Ltd., Datum Electronics Ltd. (Indutrade AB), HBK Benelux (Spectris PLC), Honeywell International Inc., Infineon Technologies AG, Kistler Instrumente AG, MagCanica, Inc., Norbar Torque Tools Ltd., PCB Piezotronics, Inc., TE Connectivity Ltd., Teledyne Technologies, Inc., Transducers Direct, LLC, Wipro Infrastructure Engineering
  • 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
  • Global torque sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Detailed Segmentation:
  • By Product Type
  • Rotary Torque Sensors
  • Reaction Torque Sensors
  • By Application
  • Automotive
  • Test & Measurement
  • Industrial
  • Aerospace & Defense
  • Manufacturing
  • Others
  • By Regional
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
  • Key Players Insights
  • ABB Ltd.
  • Applied Measurements Ltd.
  • Crane Electronics Ltd.
  • Datum Electronics Ltd. (Indutrade AB)
  • HBK Benelux (Spectris PLC)
  • Honeywell International Inc.
  • Infineon Technologies AG
  • Kistler Instrumente AG
  • MagCanica, Inc.
  • Norbar Torque Tools Ltd.
  • PCB Piezotronics, Inc.
  • TE Connectivity Ltd.
  • Teledyne Technologies, Inc.
  • Transducers Direct, LLC
  • Wipro Infrastructure Engineering

Table of Contents

170 Pages
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Product Type
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 Product Type Launches/Approvals
Impact of COVID-19 Pandemic
4. Global Torque Sensors Market, By Product Type, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Rotary Torque Sensors
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Reaction Torque Sensors
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
5. Global Torque Sensors Market, By Application, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
Segment Trends
Automotive
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Test & Measurement
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Industrial
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Aerospace & Defense
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Manufacturing
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
Others
Introduction
Market Size and Forecast, 2020–2032, (US$ Bn)
6. Global Torque Sensors Market, By Region, 2020-2032, (US$ Bn)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2020-2032
North America
Regional Trends
Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)Germany
U.K.
Spain
France
Italy
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)China
India
Japan
ASEAN
Australia
South Korea
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)Brazil
Argentina
Mexico
Rest of Latin America
Middle East & Africa
Regional Trends
Market Size and Forecast, By Product Type, 2020–2032, (US$ Bn)
Market Size and Forecast, By Application, 2020–2032, (US$ Bn)
Market Size and Forecast, By Country, 2020–2032, (US$ Bn)South Africa
Israel
GCC Countries
Rest of the Middle East & Africa
7. Competitive Landscape
Company Profiles
ABB Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Applied Measurements Ltd.
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
Datum Electronics Ltd. (Indutrade AB)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
HBK Benelux (Spectris PLC)
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Honeywell International Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Infineon Technologies AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Kistler Instrumente AG
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
MagCanica, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Norbar Torque Tools Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
PCB Piezotronics, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
TE Connectivity Ltd.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Teledyne Technologies, Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Transducers Direct, LLC
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
Wipro Infrastructure Engineering
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/Updates
8. Analyst Recommendations
Wheel of Fortune
Analyst View
Coherent Opportunity Map
9. Reference and Research Methodology
References
Research Methodology
About us and Sales Contact
*Browse 60 market data tables and 40 figures on Torque Sensors Market - Global forecast to 2032”

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us