The torque sensors are used for measuring the torque on rotating systems, including electric motors, engines, crankshafts, and gearboxes. The torque sensors used in aircraft measures the forces applied by the pilot to the elevator and rudder flight control systems. Sensor output is used by auto-pilot and flight data recorder. The wide range of applications of torque sensors and less expensive to install has boosted the demand of the aerospace torque sensor market.
MARKET DYNAMICS
The wide range of applications of torque sensors and less expensive to install are driving the growth of the aerospace torque sensor market. However, the uncertainty regarding temperature effect, sensor sensitivity and output may restrain the growth of the aerospace torque sensor market. Furthermore, the advancement in aerospace infrastructure is anticipated to create market opportunities for the aerospace torque sensor market during the forecast period.
MARKET SCOPE
The "Global Aerospace Torque Sensor Market Analysis To 2028" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The aerospace torque sensor market report aims to provide an overview of the aerospace torque sensor market with detailed market segmentation by type, application, and geography. The global aerospace torque sensor market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aerospace torque sensor market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global aerospace torque sensor market is segmented on the basis of type and application. Based on type, the aerospace torque sensor market is segmented into: rotary and static. On the basis of application, the aerospace torque sensor market is segmented into: commercial aircraft, military aircraft, general aviation aircraft, and helicopters.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aerospace torque sensor market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The aerospace torque sensor market by each region is later sub-segmented by respective countries and segments. The aerospace torque sensor market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the aerospace torque sensor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aerospace torque sensor market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global aerospace torque sensor market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The aerospace torque sensor market by each region is later sub-segmented by respective countries and segments. The aerospace torque sensor market report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the aerospace torque sensor market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive porter's five forces analysis highlighting factors affecting the aerospace torque sensor market in these regions.
MARKET PLAYERS
The reports cover key developments in the aerospace torque sensor market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from aerospace torque sensor market are anticipated to lucrative growth opportunities in the future with the rising demand for filter products in the global market. Below mentioned is the list of few companies engaged in the aerospace torque sensor market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aerospace torque sensor market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- ALTHEN Sensors
- Crane Electronics
- ETH-messtechnik gmbh
- FUTEK Advanced Sensor Technology, Inc.
- HITEC Sensor Developments, Inc.
- Honeywell International Inc
- Hottinger Brüel and Kjaer GmbH (HBK)
- Kistler Group
- S. Himmelstein and Company
- SENSODRIVE GmbH
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Aerospace Torque Sensor Market - By Type
1.3.2 Aerospace Torque Sensor Market - By Application
1.3.3 Aerospace Torque Sensor Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. AEROSPACE TORQUE SENSOR MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PORTER'S FIVE FORCES ANALYSIS
4.2.1 Bargaining Power of Buyers
4.2.1 Bargaining Power of Suppliers
4.2.1 Threat of Substitute
4.2.1 Threat of New Entrants
4.2.1 Competitive Rivalry
4.3. ECOSYSTEM ANALYSIS
4.4. EXPERT OPINIONS
5. AEROSPACE TORQUE SENSOR MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. AEROSPACE TORQUE SENSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. AEROSPACE TORQUE SENSOR - GLOBAL MARKET OVERVIEW
6.2. AEROSPACE TORQUE SENSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. AEROSPACE TORQUE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - TYPE
7.1. OVERVIEW
7.2. TYPE MARKET FORECASTS AND ANALYSIS
7.3. ROTARY
7.3.1. Overview
7.3.2. Rotary Market Forecast and Analysis
7.4. STATIC
7.4.1. Overview
7.4.2. Static Market Forecast and Analysis
8. AEROSPACE TORQUE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. COMMERCIAL AIRCRAFT
8.3.1. Overview
8.3.2. Commercial Aircraft Market Forecast and Analysis
8.4. MILITARY AIRCRAFT
8.4.1. Overview
8.4.2. Military Aircraft Market Forecast and Analysis
8.5. GENERAL AVIATION AIRCRAFT
8.5.1. Overview
8.5.2. General Aviation Aircraft Market Forecast and Analysis
8.6. HELICOPTERS
8.6.1. Overview
8.6.2. Helicopters Market Forecast and Analysis
9. AEROSPACE TORQUE SENSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Aerospace Torque Sensor Market Overview
9.1.2 North America Aerospace Torque Sensor Market Forecasts and Analysis
9.1.3 North America Aerospace Torque Sensor Market Forecasts and Analysis - By Type
9.1.4 North America Aerospace Torque Sensor Market Forecasts and Analysis - By Application
9.1.5 North America Aerospace Torque Sensor Market Forecasts and Analysis - By Countries
9.1.5.1 United States Aerospace Torque Sensor Market
9.1.5.1.1 United States Aerospace Torque Sensor Market by Type
9.1.5.1.2 United States Aerospace Torque Sensor Market by Application
9.1.5.2 Canada Aerospace Torque Sensor Market
9.1.5.2.1 Canada Aerospace Torque Sensor Market by Type
9.1.5.2.2 Canada Aerospace Torque Sensor Market by Application
9.1.5.3 Mexico Aerospace Torque Sensor Market
9.1.5.3.1 Mexico Aerospace Torque Sensor Market by Type
9.1.5.3.2 Mexico Aerospace Torque Sensor Market by Application
9.2. EUROPE
9.2.1 Europe Aerospace Torque Sensor Market Overview
9.2.2 Europe Aerospace Torque Sensor Market Forecasts and Analysis
9.2.3 Europe Aerospace Torque Sensor Market Forecasts and Analysis - By Type
9.2.4 Europe Aerospace Torque Sensor Market Forecasts and Analysis - By Application
9.2.5 Europe Aerospace Torque Sensor Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Aerospace Torque Sensor Market
9.2.5.1.1 Germany Aerospace Torque Sensor Market by Type
9.2.5.1.2 Germany Aerospace Torque Sensor Market by Application
9.2.5.2 France Aerospace Torque Sensor Market
9.2.5.2.1 France Aerospace Torque Sensor Market by Type
9.2.5.2.2 France Aerospace Torque Sensor Market by Application
9.2.5.3 Italy Aerospace Torque Sensor Market
9.2.5.3.1 Italy Aerospace Torque Sensor Market by Type
9.2.5.3.2 Italy Aerospace Torque Sensor Market by Application
9.2.5.4 United Kingdom Aerospace Torque Sensor Market
9.2.5.4.1 United Kingdom Aerospace Torque Sensor Market by Type
9.2.5.4.2 United Kingdom Aerospace Torque Sensor Market by Application
9.2.5.5 Russia Aerospace Torque Sensor Market
9.2.5.5.1 Russia Aerospace Torque Sensor Market by Type
9.2.5.5.2 Russia Aerospace Torque Sensor Market by Application
9.2.5.6 Rest of Europe Aerospace Torque Sensor Market
9.2.5.6.1 Rest of Europe Aerospace Torque Sensor Market by Type
9.2.5.6.2 Rest of Europe Aerospace Torque Sensor Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Aerospace Torque Sensor Market Overview
9.3.2 Asia-Pacific Aerospace Torque Sensor Market Forecasts and Analysis
9.3.3 Asia-Pacific Aerospace Torque Sensor Market Forecasts and Analysis - By Type
9.3.4 Asia-Pacific Aerospace Torque Sensor Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Aerospace Torque Sensor Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Aerospace Torque Sensor Market
9.3.5.1.1 Australia Aerospace Torque Sensor Market by Type
9.3.5.1.2 Australia Aerospace Torque Sensor Market by Application
9.3.5.2 China Aerospace Torque Sensor Market
9.3.5.2.1 China Aerospace Torque Sensor Market by Type
9.3.5.2.2 China Aerospace Torque Sensor Market by Application
9.3.5.3 India Aerospace Torque Sensor Market
9.3.5.3.1 India Aerospace Torque Sensor Market by Type
9.3.5.3.2 India Aerospace Torque Sensor Market by Application
9.3.5.4 Japan Aerospace Torque Sensor Market
9.3.5.4.1 Japan Aerospace Torque Sensor Market by Type
9.3.5.4.2 Japan Aerospace Torque Sensor Market by Application
9.3.5.5 South Korea Aerospace Torque Sensor Market
9.3.5.5.1 South Korea Aerospace Torque Sensor Market by Type
9.3.5.5.2 South Korea Aerospace Torque Sensor Market by Application
9.3.5.6 Rest of Asia-Pacific Aerospace Torque Sensor Market
9.3.5.6.1 Rest of Asia-Pacific Aerospace Torque Sensor Market by Type
9.3.5.6.2 Rest of Asia-Pacific Aerospace Torque Sensor Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Aerospace Torque Sensor Market Overview
9.4.2 Middle East and Africa Aerospace Torque Sensor Market Forecasts and Analysis
9.4.3 Middle East and Africa Aerospace Torque Sensor Market Forecasts and Analysis - By Type
9.4.4 Middle East and Africa Aerospace Torque Sensor Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Aerospace Torque Sensor Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Aerospace Torque Sensor Market
9.4.5.1.1 South Africa Aerospace Torque Sensor Market by Type
9.4.5.1.2 South Africa Aerospace Torque Sensor Market by Application
9.4.5.2 Saudi Arabia Aerospace Torque Sensor Market
9.4.5.2.1 Saudi Arabia Aerospace Torque Sensor Market by Type
9.4.5.2.2 Saudi Arabia Aerospace Torque Sensor Market by Application
9.4.5.3 U.A.E Aerospace Torque Sensor Market
9.4.5.3.1 U.A.E Aerospace Torque Sensor Market by Type
9.4.5.3.2 U.A.E Aerospace Torque Sensor Market by Application
9.4.5.4 Rest of Middle East and Africa Aerospace Torque Sensor Market
9.4.5.4.1 Rest of Middle East and Africa Aerospace Torque Sensor Market by Type
9.4.5.4.2 Rest of Middle East and Africa Aerospace Torque Sensor Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Aerospace Torque Sensor Market Overview
9.5.2 South and Central America Aerospace Torque Sensor Market Forecasts and Analysis
9.5.3 South and Central America Aerospace Torque Sensor Market Forecasts and Analysis - By Type
9.5.4 South and Central America Aerospace Torque Sensor Market Forecasts and Analysis - By Application
9.5.5 South and Central America Aerospace Torque Sensor Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Aerospace Torque Sensor Market
9.5.5.1.1 Brazil Aerospace Torque Sensor Market by Type
9.5.5.1.2 Brazil Aerospace Torque Sensor Market by Application
9.5.5.2 Rest of South and Central America Aerospace Torque Sensor Market
9.5.5.2.1 Rest of South and Central America Aerospace Torque Sensor Market by Type
9.5.5.2.2 Rest of South and Central America Aerospace Torque Sensor Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. AEROSPACE TORQUE SENSOR MARKET, KEY COMPANY PROFILES
11.1. ALTHEN SENSORS
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. CRANE ELECTRONICS
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. ETH-MESSTECHNIK GMBH
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. FUTEK ADVANCED SENSOR TECHNOLOGY, INC.
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. HITEC SENSOR DEVELOPMENTS, INC.
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. HONEYWELL INTERNATIONAL INC
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. HOTTINGER BRüEL AND KJAER GMBH (HBK)
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. KISTLER GROUP
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. S. HIMMELSTEIN AND COMPANY
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. SENSODRIVE GMBH
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
2. Crane Electronics
3. ETH-messtechnik gmbh
4. FUTEK Advanced Sensor Technology, Inc.
5. HITEC Sensor Developments, Inc.
6. Honeywell International Inc
7. Hottinger Brüel and Kjaer GmbH (HBK)
8. Kistler Group
9. S. Himmelstein and Company
10. SENSODRIVE GmbH
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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