Torque Sensors - Global Strategic Business Report

The global market for Torque Sensors is estimated at US$8.4 Billion in 2023 and is projected to reach US$12.2 Billion by 2030, growing at a CAGR of 4.8% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Rotary Torque Sensors segment, which is expected to reach US$7.5 Billion by 2030 with a CAGR of 5.1%. The Reaction Torque Sensors segment is also set to grow at 4.4% CAGR over the next 8 years.
• Regional Analysis: Gain insights into the U.S. market, estimated at $2.6 Billion in 2023, and China, forecasted to grow at an impressive 6.6% CAGR to reach $1.9 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Torque Sensors Market, covering all major geographic regions and market segments.
• Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
• Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Torque Sensors Market.
• Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.

Key Questions Answered:

• How is the Global Torque Sensors Market expected to evolve by 2030?
• What are the main drivers and restraints affecting the market?
• Which market segments will grow the most over the forecast period?
• How will market shares for different regions and segments change by 2030?
• Who are the leading players in the market, and what are their prospects?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
• In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
• Company Profiles: Coverage of major players such as ABB Ltd., AIMCO, Applied Measurements Ltd., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

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

MarketGlass Platform

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