A Torque Sensor Market size was valued at US$ 7.06 Bn. in 2022 and the total Torque Sensor revenue is expected to grow by 5.5% from 2023 to 2029, reaching nearly US$ 10.28 Bn.
Torque Sensor Overview:
The research " Torque Sensor " seeks to provide up-to-date market intelligence and aid decision-makers in making sound investment decisions. It also offers a comprehensive analysis of the global Torque Sensor by Product Type, End Users/Application, Key Manufacturers, and Several Key Regions.
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Market Scope:
The research focuses on the report's growth prospects, constraints, and market analyses. The research employs Porter's five forces analysis of the Torque Sensor Market industry to assess the impact of several variables on Torque Sensor Market trends, including supplier bargaining power, competitor competitive intensity, the threat of alternatives, buyer power etc.
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Segmentation:
by Product Type Reaction Torque
Rotational Torque
by Application Automotive
Aerospace
Manufacturing
Medical
Other
by Mechanical Configuration Shaft Style
Flange Style
by Technology Strain Gauge
Surface Acoustic Wave
Optical
Magnetoelastic
Key Players: The key players are
1.ABB Ltd
2.Crane Electronics Ltd
3.HBK Benelux (Spectris PLC)
4.Applied Measurements Ltd.
5.Honeywell International
6.Norbar Torque Tools Ltd
7.Infineon Technologies AG
8.Teledyne Technologies, Inc.
9.TE Connectivity Ltd
10.Datum Electronics Ltd
11.PCB Piezotronics, Inc.
12.Kistler Instrumente AG
13.MagCanica, Inc.
14.FUTEK Advanced Sensor Technology
15.Interfaceforce
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Regional Analysis:
Our analysts have also studied the global Torque Sensor Market in the following regions:
- America, North (the United States, Canada)
- European Union (Germany, France, United Kingdom, Russia)
- Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
- Latin America (Brazil, Argentina, Colombia)
- Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa)
COVID-19 Impact Analysis on Torque Sensor : The detailed impact analysis of the COVID-19 pandemic on the global Torque Sensor Market has also been included in the report.
Key Questions Answered in the Torque Sensor Report are:
- What will be the CAGR of the Torque Sensor Market during the forecast period (2021-2027)?
- Which segment emerged as the leading segment in the Torque Sensor Market in 2020?
- Which are the key players in the Torque Sensor Market?
- What key trends are likely to emerge in the Torque Sensor Market in the forecast period?
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