Torque Sensors

Global Torque Sensors Market to Reach US$12.6 Billion by 2030

The global market for Torque Sensors estimated at US$9.1 Billion in the year 2024, is expected to reach US$12.6 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2024-2030. Rotary, one of the segments analyzed in the report, is expected to record a 5.9% CAGR and reach US$7.7 Billion by the end of the analysis period. Growth in the Reaction segment is estimated at 5.0% CAGR over the analysis period.

The U.S. Market is Estimated at US$2.7 Billion While China is Forecast to Grow at 7.6% CAGR

The Torque Sensors market in the U.S. is estimated at US$2.7 Billion in the year 2024. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.9 Billion by the year 2030 trailing a CAGR of 7.6% over the analysis period 2024-2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at a CAGR of 4.0% and 4.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.

Global Torque Sensors Market - Key Trends & Drivers Summarized

Torque sensors are critical components used to measure and monitor the rotational force, or torque, applied to an object, typically in machinery and mechanical systems. These sensors come in various types, including rotary, reaction, and static torque sensors, each suited for specific applications. Rotary torque sensors, often used in dynamic systems like automotive engines and drive systems, measure torque while the component is in motion. Reaction torque sensors, on the other hand, are used in stationary applications where the torque is applied but not rotating, such as in test benches and motor testing. Static torque sensors are employed in situations where torque is applied without relative motion between the sensor and the component. The accurate measurement of torque is essential in many industries, including automotive, aerospace, manufacturing, and robotics, as it ensures the optimal performance, safety, and efficiency of mechanical systems.

The growth in the torque sensors market is driven by several factors. The increasing adoption of advanced automation and robotics in manufacturing processes is a primary driver, as these systems rely heavily on precise torque measurement for efficient operation and quality control. The automotive industry`s shift towards electric and hybrid vehicles has also boosted demand for torque sensors, as these vehicles require accurate torque monitoring for battery management, drivetrain optimization, and regenerative braking systems. Additionally, the growing emphasis on energy efficiency and renewable energy sources has led to the deployment of torque sensors in wind turbines and other green technologies, where they help maximize performance and reliability. Technological advancements, such as the development of smart sensors with enhanced connectivity and data processing capabilities, have further fueled market expansion by enabling more sophisticated applications and improving ease of use. These factors collectively highlight the dynamic growth trajectory of the torque sensors market, reflecting its critical role in advancing industrial automation and sustainable technologies.

Technological advancements have significantly enhanced the performance and application scope of torque sensors. The integration of wireless technology has enabled the development of non-contact torque sensors, which eliminate the issues related to wear and tear in traditional wired sensors, thereby improving reliability and lifespan. Advances in materials science have led to the creation of more durable and sensitive sensor elements, capable of withstanding harsh environments and providing more precise measurements. Additionally, the incorporation of digital signal processing and microelectromechanical systems (MEMS) technology has resulted in compact, lightweight, and highly accurate torque sensors that are easier to integrate into complex systems. These innovations have expanded the use of torque sensors in emerging fields such as electric and hybrid vehicles, wind turbines, and smart manufacturing, where real-time torque monitoring is critical for performance optimization and predictive maintenance.

SCOPE OF STUDY:

The report analyzes the Torque Sensors market in terms of units by the following Segments, and Geographic Regions/Countries:

Segments:
Type (Rotary, Reaction); Technology (Strain Gauge, Optical, Surface Acoustic Wave (SAW), Magnetoelastic); Application (Automotive, Aerospace & Defense, Industrial, Other Applications)

Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.

Select Competitors (Total 127 Featured) -

• ABB Ltd.
• AIMCO
• Applied Measurements Ltd.
• ATI Industrial Automation, Inc.
• Burster GmbH & Co. KG
• Crane Electronics Ltd.
• Datum Electronics Limited
• FUTEK Advanced Sensor Technology, Inc.
• Honeywell International Inc.
• Hottinger Brüel & Kjaer GmbH
• Infineon Technologies AG
• Interface, Inc.
• Kistler Group
• Lorenz Messtechnik GmbH
• MagCanica, Inc.
• MinebeaMitsumi Inc.
• Mountz, Inc.
• Norbar Torque Tools Limited
• PCB Piezotronics, Inc.
• S. Himmelstein and Company
• SCAIME SAS

TARIFF IMPACT FACTOR

Our new release incorporates impact of tariffs on geographical markets as we predict a shift in competitiveness of companies based on HQ country, manufacturing base, exports and imports (finished goods and OEM). This intricate and multifaceted market reality will impact competitors by artificially increasing the COGS, reducing profitability, reconfiguring supply chains, amongst other micro and macro market dynamics.

We are diligently following expert opinions of leading Chief Economists (14,949), Think Tanks (62), Trade & Industry bodies (171) worldwide, as they assess impact and address new market realities for their ecosystems. Experts and economists from every major country are tracked for their opinions on tariffs and how they will impact their countries.

We expect this chaos to play out over the next 2-3 months and a new world order is established with more clarity. We are tracking these developments on a real time basis.

As we release this report, U.S. Trade Representatives are pushing their counterparts in 183 countries for an early closure to bilateral tariff negotiations. Most of the major trading partners also have initiated trade agreements with other key trading nations, outside of those in the works with the United States. We are tracking such secondary fallouts as supply chains shift.

To our valued clients, we say, we have your back. We will present a simplified market reassessment by incorporating these changes!

APRIL 2025: NEGOTIATION PHASE

Our April release addresses the impact of tariffs on the overall global market and presents market adjustments by geography. Our trajectories are based on historic data and evolving market impacting factors.

JULY 2025 FINAL TARIFF RESET

Complimentary Update: Our clients will also receive a complimentary update in July after a final reset is announced between nations. The final updated version incorporates clearly defined Tariff Impact Analyses.

Reciprocal and Bilateral Trade & Tariff Impact Analyses:

USA
CHINA
MEXICO
CANADA
EU
JAPAN
INDIA
176 OTHER COUNTRIES.

Leading Economists - Our knowledge base tracks 14,949 economists including a select group of most influential Chief Economists of nations, think tanks, trade and industry bodies, big enterprises, and domain experts who are sharing views on the fallout of this unprecedented paradigm shift in the global econometric landscape. Most of our 16,491+ reports have incorporated this two-stage release schedule based on milestones.

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