Torque Sensor Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Product Types (Rotary Torque Sensors, Reaction Torque Sensors); Application (Aerospace and Defense, Industrial, Automotive, Test and Measurement, Others); Technology (Strain Gauge, Surface Acoustic Wave (SAW), Magnetoelastic, Others) and Geography

Report Code: TIPEL00002727 | No. of Pages: 150 | Category: Electronics and Semiconductor | Status: Upcoming

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MARKET OVERVIEW

A torque sensor is a device utilized for measuring and recording the torque of a rotating system such as engines, electric motors, gearboxes, crankshafts, and others. In all the engines and machines, the most important parameter is torque that requires continuous monitoring and measurement. Thus, torque sensors help in measuring the torque and thereby ensure performance optimization and high quality of the systems or machines.

MARKET SCOPE

The "Global Torque Sensor Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the torque sensor market with detailed market segmentation by product types, application, technology, and geography. The report provides key statistics on the market status of the leading torque sensor market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

  •   Based on product types, the global torque sensor market is segmented into rotary torque sensors and reaction torque sensors.
  •   On the basis of application, the market is segmented into aerospace & defense, industrial, automotive, test and measurement, and others.
  •   Based on technology, the market is segmented into strain gauge, Surface Acoustic Wave (SAW), magnetoelastic, and others.

MARKET DYNAMICS
Drivers:

  •   The growing demand for advanced high quality and high-performance vehicles and increasing demand for torque sensors for EPS (electric power steering) systems are the factors that are driving the growth of the market.
  •   The development of novel torque measurement technologies and increase in usage of these sensors in robotics are the factors that are expected to boost the torque sensor market in the forecast period.

Restraints:

  •   Less reliability of available torque sensors in high-end applications is the restraint that is anticipated to hamper the growth of the torque sensor market.

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 market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The torque sensor market by each region is later sub-segmented by respective countries and segments. The 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 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 PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the torque sensor market in these regions.

IMPACT OF COVID-19 ON TORQUE SENSOR MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.

MARKET PLAYERS

The report covers key developments in the 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 torque sensor market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the 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.

  •   ABB LTD.
  •   Applied Measurements Ltd.
  •   Crane Electronics Inc.
  •   Datum Electronics
  •   FUTEK Advanced Sensor Technology, Inc.
  •   HBM
  •   Honeywell International Inc.
  •   Infineon Technologies AG
  •   Kistler Group
  •   Teledyne Technologies, Inc.
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.
TABLE OF CONTENTS

1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Torque Sensor Market - By Product Types
1.3.2 Torque Sensor Market - By Application
1.3.3 Torque Sensor Market - By Technology
1.3.4 Torque Sensor Market - By Region
1.3.4.1 By Country

2. KEY TAKEAWAYS

3. RESEARCH METHODOLOGY

4. 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. 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. TORQUE SENSOR MARKET - GLOBAL MARKET ANALYSIS
6.1. TORQUE SENSOR - GLOBAL MARKET OVERVIEW
6.2. TORQUE SENSOR - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE

7. TORQUE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - PRODUCT TYPES
7.1. OVERVIEW
7.2. PRODUCT TYPES MARKET FORECASTS AND ANALYSIS
7.3. ROTARY TORQUE SENSORS
7.3.1. Overview
7.3.2. Rotary Torque Sensors Market Forecast and Analysis
7.4. REACTION TORQUE SENSORS
7.4.1. Overview
7.4.2. Reaction Torque Sensors Market Forecast and Analysis
8. TORQUE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. AEROSPACE AND DEFENSE
8.3.1. Overview
8.3.2. Aerospace and Defense Market Forecast and Analysis
8.4. INDUSTRIAL
8.4.1. Overview
8.4.2. Industrial Market Forecast and Analysis
8.5. AUTOMOTIVE
8.5.1. Overview
8.5.2. Automotive Market Forecast and Analysis
8.6. TEST AND MEASUREMENT
8.6.1. Overview
8.6.2. Test and Measurement Market Forecast and Analysis
8.7. OTHERS
8.7.1. Overview
8.7.2. Others Market Forecast and Analysis
9. TORQUE SENSOR MARKET - REVENUE AND FORECASTS TO 2028 - TECHNOLOGY
9.1. OVERVIEW
9.2. TECHNOLOGY MARKET FORECASTS AND ANALYSIS
9.3. STRAIN GAUGE
9.3.1. Overview
9.3.2. Strain Gauge Market Forecast and Analysis
9.4. SURFACE ACOUSTIC WAVE (SAW)
9.4.1. Overview
9.4.2. Surface Acoustic Wave (SAW) Market Forecast and Analysis
9.5. MAGNETOELASTIC
9.5.1. Overview
9.5.2. Magnetoelastic Market Forecast and Analysis
9.6. OTHERS
9.6.1. Overview
9.6.2. Others Market Forecast and Analysis

10. TORQUE SENSOR MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
10.1. NORTH AMERICA
10.1.1 North America Torque Sensor Market Overview
10.1.2 North America Torque Sensor Market Forecasts and Analysis
10.1.3 North America Torque Sensor Market Forecasts and Analysis - By Product Types
10.1.4 North America Torque Sensor Market Forecasts and Analysis - By Application
10.1.5 North America Torque Sensor Market Forecasts and Analysis - By Technology
10.1.6 North America Torque Sensor Market Forecasts and Analysis - By Countries
10.1.6.1 United States Torque Sensor Market
10.1.6.1.1 United States Torque Sensor Market by Product Types
10.1.6.1.2 United States Torque Sensor Market by Application
10.1.6.1.3 United States Torque Sensor Market by Technology
10.1.6.2 Canada Torque Sensor Market
10.1.6.2.1 Canada Torque Sensor Market by Product Types
10.1.6.2.2 Canada Torque Sensor Market by Application
10.1.6.2.3 Canada Torque Sensor Market by Technology
10.1.6.3 Mexico Torque Sensor Market
10.1.6.3.1 Mexico Torque Sensor Market by Product Types
10.1.6.3.2 Mexico Torque Sensor Market by Application
10.1.6.3.3 Mexico Torque Sensor Market by Technology
10.2. EUROPE
10.2.1 Europe Torque Sensor Market Overview
10.2.2 Europe Torque Sensor Market Forecasts and Analysis
10.2.3 Europe Torque Sensor Market Forecasts and Analysis - By Product Types
10.2.4 Europe Torque Sensor Market Forecasts and Analysis - By Application
10.2.5 Europe Torque Sensor Market Forecasts and Analysis - By Technology
10.2.6 Europe Torque Sensor Market Forecasts and Analysis - By Countries
10.2.6.1 Germany Torque Sensor Market
10.2.6.1.1 Germany Torque Sensor Market by Product Types
10.2.6.1.2 Germany Torque Sensor Market by Application
10.2.6.1.3 Germany Torque Sensor Market by Technology
10.2.6.2 France Torque Sensor Market
10.2.6.2.1 France Torque Sensor Market by Product Types
10.2.6.2.2 France Torque Sensor Market by Application
10.2.6.2.3 France Torque Sensor Market by Technology
10.2.6.3 Italy Torque Sensor Market
10.2.6.3.1 Italy Torque Sensor Market by Product Types
10.2.6.3.2 Italy Torque Sensor Market by Application
10.2.6.3.3 Italy Torque Sensor Market by Technology
10.2.6.4 United Kingdom Torque Sensor Market
10.2.6.4.1 United Kingdom Torque Sensor Market by Product Types
10.2.6.4.2 United Kingdom Torque Sensor Market by Application
10.2.6.4.3 United Kingdom Torque Sensor Market by Technology
10.2.6.5 Russia Torque Sensor Market
10.2.6.5.1 Russia Torque Sensor Market by Product Types
10.2.6.5.2 Russia Torque Sensor Market by Application
10.2.6.5.3 Russia Torque Sensor Market by Technology
10.2.6.6 Rest of Europe Torque Sensor Market
10.2.6.6.1 Rest of Europe Torque Sensor Market by Product Types
10.2.6.6.2 Rest of Europe Torque Sensor Market by Application
10.2.6.6.3 Rest of Europe Torque Sensor Market by Technology
10.3. ASIA-PACIFIC
10.3.1 Asia-Pacific Torque Sensor Market Overview
10.3.2 Asia-Pacific Torque Sensor Market Forecasts and Analysis
10.3.3 Asia-Pacific Torque Sensor Market Forecasts and Analysis - By Product Types
10.3.4 Asia-Pacific Torque Sensor Market Forecasts and Analysis - By Application
10.3.5 Asia-Pacific Torque Sensor Market Forecasts and Analysis - By Technology
10.3.6 Asia-Pacific Torque Sensor Market Forecasts and Analysis - By Countries
10.3.6.1 Australia Torque Sensor Market
10.3.6.1.1 Australia Torque Sensor Market by Product Types
10.3.6.1.2 Australia Torque Sensor Market by Application
10.3.6.1.3 Australia Torque Sensor Market by Technology
10.3.6.2 China Torque Sensor Market
10.3.6.2.1 China Torque Sensor Market by Product Types
10.3.6.2.2 China Torque Sensor Market by Application
10.3.6.2.3 China Torque Sensor Market by Technology
10.3.6.3 India Torque Sensor Market
10.3.6.3.1 India Torque Sensor Market by Product Types
10.3.6.3.2 India Torque Sensor Market by Application
10.3.6.3.3 India Torque Sensor Market by Technology
10.3.6.4 Japan Torque Sensor Market
10.3.6.4.1 Japan Torque Sensor Market by Product Types
10.3.6.4.2 Japan Torque Sensor Market by Application
10.3.6.4.3 Japan Torque Sensor Market by Technology
10.3.6.5 South Korea Torque Sensor Market
10.3.6.5.1 South Korea Torque Sensor Market by Product Types
10.3.6.5.2 South Korea Torque Sensor Market by Application
10.3.6.5.3 South Korea Torque Sensor Market by Technology
10.3.6.6 Rest of Asia-Pacific Torque Sensor Market
10.3.6.6.1 Rest of Asia-Pacific Torque Sensor Market by Product Types
10.3.6.6.2 Rest of Asia-Pacific Torque Sensor Market by Application
10.3.6.6.3 Rest of Asia-Pacific Torque Sensor Market by Technology
10.4. MIDDLE EAST AND AFRICA
10.4.1 Middle East and Africa Torque Sensor Market Overview
10.4.2 Middle East and Africa Torque Sensor Market Forecasts and Analysis
10.4.3 Middle East and Africa Torque Sensor Market Forecasts and Analysis - By Product Types
10.4.4 Middle East and Africa Torque Sensor Market Forecasts and Analysis - By Application
10.4.5 Middle East and Africa Torque Sensor Market Forecasts and Analysis - By Technology
10.4.6 Middle East and Africa Torque Sensor Market Forecasts and Analysis - By Countries
10.4.6.1 South Africa Torque Sensor Market
10.4.6.1.1 South Africa Torque Sensor Market by Product Types
10.4.6.1.2 South Africa Torque Sensor Market by Application
10.4.6.1.3 South Africa Torque Sensor Market by Technology
10.4.6.2 Saudi Arabia Torque Sensor Market
10.4.6.2.1 Saudi Arabia Torque Sensor Market by Product Types
10.4.6.2.2 Saudi Arabia Torque Sensor Market by Application
10.4.6.2.3 Saudi Arabia Torque Sensor Market by Technology
10.4.6.3 U.A.E Torque Sensor Market
10.4.6.3.1 U.A.E Torque Sensor Market by Product Types
10.4.6.3.2 U.A.E Torque Sensor Market by Application
10.4.6.3.3 U.A.E Torque Sensor Market by Technology
10.4.6.4 Rest of Middle East and Africa Torque Sensor Market
10.4.6.4.1 Rest of Middle East and Africa Torque Sensor Market by Product Types
10.4.6.4.2 Rest of Middle East and Africa Torque Sensor Market by Application
10.4.6.4.3 Rest of Middle East and Africa Torque Sensor Market by Technology
10.5. SOUTH AND CENTRAL AMERICA
10.5.1 South and Central America Torque Sensor Market Overview
10.5.2 South and Central America Torque Sensor Market Forecasts and Analysis
10.5.3 South and Central America Torque Sensor Market Forecasts and Analysis - By Product Types
10.5.4 South and Central America Torque Sensor Market Forecasts and Analysis - By Application
10.5.5 South and Central America Torque Sensor Market Forecasts and Analysis - By Technology
10.5.6 South and Central America Torque Sensor Market Forecasts and Analysis - By Countries
10.5.6.1 Brazil Torque Sensor Market
10.5.6.1.1 Brazil Torque Sensor Market by Product Types
10.5.6.1.2 Brazil Torque Sensor Market by Application
10.5.6.1.3 Brazil Torque Sensor Market by Technology
10.5.6.2 Argentina Torque Sensor Market
10.5.6.2.1 Argentina Torque Sensor Market by Product Types
10.5.6.2.2 Argentina Torque Sensor Market by Application
10.5.6.2.3 Argentina Torque Sensor Market by Technology
10.5.6.3 Rest of South and Central America Torque Sensor Market
10.5.6.3.1 Rest of South and Central America Torque Sensor Market by Product Types
10.5.6.3.2 Rest of South and Central America Torque Sensor Market by Application
10.5.6.3.3 Rest of South and Central America Torque Sensor Market by Technology

11. INDUSTRY LANDSCAPE
11.1. MERGERS AND ACQUISITIONS
11.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
11.3. NEW PRODUCT LAUNCHES
11.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS

12. TORQUE SENSOR MARKET, KEY COMPANY PROFILES
12.1. ABB LTD.
12.1.1. Key Facts
12.1.2. Business Description
12.1.3. Products and Services
12.1.4. Financial Overview
12.1.5. SWOT Analysis
12.1.6. Key Developments
12.2. APPLIED MEASUREMENTS LTD.
12.2.1. Key Facts
12.2.2. Business Description
12.2.3. Products and Services
12.2.4. Financial Overview
12.2.5. SWOT Analysis
12.2.6. Key Developments
12.3. CRANE ELECTRONICS INC.
12.3.1. Key Facts
12.3.2. Business Description
12.3.3. Products and Services
12.3.4. Financial Overview
12.3.5. SWOT Analysis
12.3.6. Key Developments
12.4. DATUM ELECTRONICS
12.4.1. Key Facts
12.4.2. Business Description
12.4.3. Products and Services
12.4.4. Financial Overview
12.4.5. SWOT Analysis
12.4.6. Key Developments
12.5. FUTEK ADVANCED SENSOR TECHNOLOGY, INC.
12.5.1. Key Facts
12.5.2. Business Description
12.5.3. Products and Services
12.5.4. Financial Overview
12.5.5. SWOT Analysis
12.5.6. Key Developments
12.6. HBM
12.6.1. Key Facts
12.6.2. Business Description
12.6.3. Products and Services
12.6.4. Financial Overview
12.6.5. SWOT Analysis
12.6.6. Key Developments
12.7. HONEYWELL INTERNATIONAL INC.
12.7.1. Key Facts
12.7.2. Business Description
12.7.3. Products and Services
12.7.4. Financial Overview
12.7.5. SWOT Analysis
12.7.6. Key Developments
12.8. INFINEON TECHNOLOGIES AG
12.8.1. Key Facts
12.8.2. Business Description
12.8.3. Products and Services
12.8.4. Financial Overview
12.8.5. SWOT Analysis
12.8.6. Key Developments
12.9. KISTLER GROUP
12.9.1. Key Facts
12.9.2. Business Description
12.9.3. Products and Services
12.9.4. Financial Overview
12.9.5. SWOT Analysis
12.9.6. Key Developments
12.10. TELEDYNE TECHNOLOGIES, INC.
12.10.1. Key Facts
12.10.2. Business Description
12.10.3. Products and Services
12.10.4. Financial Overview
12.10.5. SWOT Analysis
12.10.6. Key Developments

13. APPENDIX
13.1. ABOUT THE INSIGHT PARTNERS
13.2. GLOSSARY OF TERMS
The List of Companies

1. ABB LTD.
2. Applied Measurements Ltd.
3. Crane Electronics Inc.
4. Datum Electronics
5. FUTEK Advanced Sensor Technology, Inc.
6. HBM
7. Honeywell International Inc.
8. Infineon Technologies AG
9. Kistler Group
10. Teledyne Technologies, Inc.
TIPEL00002727
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