September 17, 2019

Torque Sensor Market Size, Share, Global Forecast to 2025

Torque Sensor Market report published by Value Market Research is an in-depth analysis of the market covering its size, share, value, growth and current trends for the period of 2018-2025 based on the historical data. This research report delivers recent developments of major players with their respective market share. In addition, it also delivers detailed analysis of regional and country market.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the torque sensor market include Crane Electronics Inc., Datum Electronics, DEPRAG Schulz Gmbh, FUTEK Advanced Sensor Technology, Inc., Honeywell International Inc., Kistler Group and PCB Piezotronics, Inc. This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

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Market Dynamics

The increasing demand for advanced high-performance vehicles is primarily driving the market growth. Rising demand for torque sensors for electric power steering (EPS) systems is again accelerating the market growth. On the other hand, the low reliability of available torque sensors in high-end applications is likely to hinder the market growth. Whereas, the evolution of new torque measurement technologies and increasing use of torque sensors in robotics are expected to create potential opportunity over the forecast period.

The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.

Additionally, these tools also give inclusive assessment of each application/product segment in the global market of torque sensor.

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Market Segmentation

The entire torque sensor market has been sub-categorized into type and industry vertical. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.

By Type

  • Reaction Torque Sensor
  • Rotary Torque Sensor
  • Super Acoustic Wave (SAW) Torque Sensor
  • Optical Torque Sensor
  • Others

By Industry Vertical

  • Automotive
  • Manufacturing
  • Aerospace and Defense
  • Healthcare
  • Others

Regional Analysis

This section covers regional segmentation which accentuates on current and future demand for torque sensor market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.

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