The torque sensor market is expected to grow from USD 6.8 billion in 2021 and is projected to reach USD 9.0 billion by 2026; it is expected to grow at a CAGR of 5.7% during the forecast period. Increasing application of torque sensors for electric power steering (EPS) systems is one of the primary factors for the installation of torque sensors in automotive applications. Torque sensors also being increasing used for technological applications such as engine and transmission testing, turbine testing, pump testing, and power measurement within propulsion systems. The increase in the number of high-performance vehicles is also contributing to the demand for torque sensors for engine calibrations, safety, and transmission.
Market for rotary torque sensors to grow at higher CAGR during forecast period
The rotary torque sensors find a wide range of applications, such as in automobile engine testing, drivetrain measurement, dynamometer testing, electric motor testing, and gearbox testing. Hence, the market for rotary torque sensors is expected to register a higher CAGR as the increasing trend of improving fuel economy, efficiency, and electrification is expected to increase their demand during the forecast period.
Market for torque sensor based on strain gauge to grow at highest CAGR during forecast period
Signals produced by strain gauge torque sensors are compatible with a wide range of instruments, such as digital displays and analog and digital amplifiers. Besides, they are cost-effective compared to other torque sensors. Hence, the strain gauge torque sensors segment is expected to grow at the highest CAGR during the forecast period as improvements in modern strain gauge torque sensors are allowing for high precision measurements.
Market for automotive application to grow at highest CAGR during forecast period
Most automobile manufacturers use torque sensors for calibrating automatic transmissions and mapping engine torque. They are used for testing clutches and gearboxes, as well as measuring strain and determining the dynamic torque within an engine. Rotary torque sensors are used for strain measurement, testing of major components, including clutch and gearboxes, and dynamic torque within the engine. Stringent emission regulations, changing buyer preference, and electrification technology are expected to have a large impact on the demand and use of torque sensors for automotive applications which are contributing to the higher growth in this application.
Market in APAC to grow at highest CAGR during the forecast period
APAC is expected to account for the highest growth of the torque sensor market for various types of torque sensors throughout the forecast period. China is the largest vehicle manufacturer in the world. Japan and South Korea are also the major exporters of motor vehicles globally. Due to large-scale manufacturing and significant investments in new vehicle technologies, the automotive industry is expected to play a vital role in the growth of the torque sensor market in the region. APAC is also expected to be the largest market for industrial applications. The growing need for energy production and large-scale manufacturing of various types of goods for export are facilitating the market for torque sensors.
Market in APAC is expected to recover in 2021, with China being the first country to show signs of recovery in the region, especially in the automotive industry. Various automobile suppliers throughout China have now resumed production, slowly recovering from the disruptions caused in the supply chain as a result of the pandemic. The government is also continuing to focus on the development of electric vehicles. The automotive industry in Japan is facing significant disruptions as a result of the pandemic. However, Japanese automakers are continuing to spend on research and development, especially in electrification technology. Like China, South Korea is also witnessing recovery in the automotive industry. Although vehicle export from South Korea is currently facing headwinds, the domestic market is witnessing healthy growth. Most domestic car manufacturers in South Korea have announced an increase in domestic sales at the end of 2020. Availability of incentives on electric vehicles and research and testing on new vehicle modes is facilitating market recovery.
In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews have been conducted with key industry experts in the torque sensor marketspace. The break-up of primary participants for the report has been shown below:
- By Company Type: Tier 1 - 40%, Tier 2 - 30%, and Tier 3 - 30%
- By Designation: C-level Executives - 40%, Directors - 40%, and Others - 20%
- By Region: North America - 40%, APAC - 30%, Europe - 20%, and RoW - 10%
The report profiles key players in the torque sensor market with their respective market ranking analyses. Prominent players profiled in this report are ABB (Switzerland), Crane Electronics (UK), FUTEK Advanced Sensor Technology (US), HBM (Germany), Applied Measurements (UK), Honeywell (US), Kistler Holding (Switzerland), Sensor Technology (UK), Norbar Torque Too (UK), Infineon Technologies (Germany), Teledyne Technologies (US), Datum Electronics (UK), MagCanica (US), Interface (US), AIMCO (US), TE Connectivity (Switzerland), Mountz (US), PCB Piezotronics (US), S. Himmelstein & Company (US), Transense Technologies (UK), KONUX (Germany), Monad Electronics (India), Robotiq (Canada), HITEC Sensor Solutions (US), and Bota Systems (Switzerland).
Research Coverage:
This research report categorizes the torque sensor market on the basis of type, technology, application, and geography. The report describes the major drivers, restraints, challenges, and opportunities pertaining to the torque sensor market and forecasts the same till 2026 (including analysis of COVID-19 impact on the market). Apart from these, the report also consists of leadership mapping and analysis of all the companies included in the torque sensor ecosystem.
Key Benefits of Buying the Report
The report would help leaders/new entrants in this market in the following ways:
- This report segments the torque sensor market comprehensively and provides the closest market size projection for all subsegments across different regions.
- The report helps stakeholders understand the pulse of the market and provides them with information on key drivers, restraints, challenges, and opportunities for market growth.
- This report would help stakeholders understand their competitors better and gain more insights to improve their position in the business. The competitive landscape section includes competitor ecosystem, product developments and launches, partnerships, and mergers and acquisitions.
- The analysis of the top 25 companies, based on the strength of the market rank as well as the product footprint will help stakeholders visualize the market positioning of these key players.
Table of Contents
1 Introduction
1.1 Study Objectives
1.2 Market Definition and Scope
1.2.1 Inclusions and Exclusions
1.3 Study Scope
Figure 1 Segmentation of Torque Sensor Market
1.3.1 Years Considered
1.4 Currency & Pricing
1.5 Stakeholders
2 Research Methodology
2.1 Research Data
Figure 2 Research Flow
Figure 3 Torque Sensor Market: Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primary Interviews
2.2 Market Size Estimation
Figure 4 Market Size Estimation Methodology: (Supply Side) - Revenue Generated by Companies in Torque Sensor Market
Figure 5 Market Size Estimation Methodology: Approach 2 (Supply Side) - Identification of Revenues Generated by Companies from Torque Sensor Market
2.2.1 Bottom-Up Approach
2.2.1.1 Approach to Arrive at Market Size Using Bottom-Up Analysis (Demand Side)
Figure 6 Bottom-Up Approach
2.2.2 Top-Down Approach
Figure 7 Top-Down Approach
2.3 Data Triangulation
Figure 8 Data Triangulation
2.4 Assumptions
3 Executive Summary
Figure 9 Rotary Torque Sensors Segment to Account for Larger Size of Torque Sensor Market in 2021
Figure 10 Strain Gauge Technology Segment to Dominate Torque Sensor Market During Forecast Period
Figure 11 Automotive Application to Register Highest CAGR During Forecast Period
Figure 12 APAC to Hold Largest Share of Torque Sensor Market in 2021
4 Premium Insights
4.1 Attractive Market Opportunities in Torque Sensor Market
Figure 13 Increasing Deployment of Torque Sensors in Automotive Applications is Driving Growth of Torque Sensor Market
4.2 Torque Sensor Market for Noncontact-Based Sensors, by Type
Figure 14 Noncontact-Based Sensor Market for Rotary Torque Sensors to Register Higher CAGR During Forecast Period
4.3 Torque Sensor Market, by Technology
Figure 15 Strain Gauge Technology Segment to Hold Largest Share of Torque Sensor Market in 2021
4.4 Torque Sensor Market in Apac, by Application & Country
Figure 16 Automotive Application and China to Hold Largest Shares of Torque Sensor Market in APAC in 2021
4.5 Torque Sensor Market, by Application
Figure 17 Automotive Application to Register Highest CAGR During Forecast Period
5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 18 Impact of Drivers and Opportunities on Torque Sensor Market
Figure 19 Impact of Restraints and Challenges on Torque Sensor Market
5.2.1 Drivers
5.2.1.1 Increasing Demand for Advanced High-Performance Vehicles
5.2.1.2 Growing Importance of Torque Measurement
5.2.1.3 Increasing Application of Torque Sensors for Electric Power Steering (Eps) Systems
5.2.2 Restraints
5.2.2.1 Low Reliability of Available Torque Sensors in High-End Applications
5.2.3 Opportunities
5.2.3.1 Evolution of New Torque Measurement Technologies
5.2.3.2 Increase in Use of Torque Sensors in Robotics
5.2.4 Challenges
5.2.4.1 Diversity of Applications of Torque Sensors
5.2.4.2 Decline in Demand in Automotive Industry - Impact of COVID-19
Figure 20 Global Vehicle Production Data for Q1, Q2, and Q3 in 2019 and 2020
5.3 Torque Sensors: Value Chain Analysis
Figure 21 Value Chain Analysis of Torque Sensor Market
6 Torque Sensor Market, by Type
6.1 Introduction
Figure 22 Rotary Torque Sensors Segment to Register Higher CAGR During Forecast Period
Table 1 Torque Sensor Market, by Type, 2017-2020 (USD Million)
Table 2 Torque Sensor Market, by Type, 2021-2026 (USD Million)
6.2 Rotary Torque Sensors
Table 3 Rotary Torque Sensor Market, by Sensing Process, 2017-2020 (USD Million)
Table 4 Rotary Torque Sensor Market, by Sensing Process, 2021-2026 (USD Million)
6.2.1 Contact-Based Sensing
6.2.1.1 High Adoption of Contact-Based Sensing Rotary Torque Sensors in Industrial Applications
6.2.2 Noncontact-Based Sensing
6.2.2.1 Increasing Demand for Noncontact-Based Sensing Rotary Torque Sensors in Automotive Applications
6.3 Reaction Torque Sensors
6.4 COVID-19 Impact on Types of Torque Sensor Markets
7 Torque Sensor Market, by Technology
7.1 Introduction
Table 5 Torque Sensor Market, by Technology, 2017-2020 (USD Million)
Figure 23 Strain Gauge Segment to Hold Largest Share During Forecast Period
Table 6 Torque Sensor Market, by Technology, 2021-2026 (USD Million)
Table 7 Torque Sensor Market for Automotive Application, by Technology, 2017-2020 (USD Million)
Table 8 Torque Sensor Market for Automotive Application, by Technology, 2021-2026 (USD Million)
Table 9 Torque Sensor Market for Industrial Application, by Technology, 2017-2020 (USD Million)
Table 10 Torque Sensor Market for Industrial Application, by Technology, 2021-2026 (USD Million)
Table 11 Torque Sensor Market for Test & Measurement Application, by Technology, 2017-2020 (USD Million)
Table 12 Torque Sensor Market for Test & Measurement Application, by Technology, 2021-2026 (USD Million)
Table 13 Torque Sensor Market for Aerospace & Defense Application, by Technology, 2017-2020 (USD Million)
Table 14 Torque Sensor Market for Aerospace & Defense Application, by Technology, 2021-2026 (USD Million)
Table 15 Torque Sensor Market for Other Applications, by Technology, 2017-2020 (USD Million)
Table 16 Torque Sensor Market for Other Applications, by Technology, 2021-2026 (USD Million)
7.2 Strain Gauge
7.2.1 High Precision Measurement Tasks Have Increased Demand for Starin Gauge Technology in Torque Sensors
Table 17 Torque Sensor Market for Strain Gauge Technology, by Application, 2017-2020 (USD Million)
Figure 24 Automotive Application to Hold Largest Share of Strain Gauge Sensors Market by 2026
Table 18 Torque Sensor Market for Strain Gauge Technology, by Application, 2021-2026 (USD Million)
7.3 Magnetoelastic
7.3.1 Automotive is Major Application Area for Magnetoelastic Technology
Table 19 Torque Sensor Market for Magnetoelastic Technology, by Application, 2017-2020 (USD Million)
Table 20 Torque Sensor Market for Magnetoelastic Technology, by Application, 2021-2026 (USD Million)
7.4 Optical
7.4.1 Optical Technology to be Fast-Growing Segment in Market
Table 21 Torque Sensor Market for Optical Technology, by Application, 2017-2020 (USD Million)
Figure 25 Market for Optical Sensors in Industrial Application to Register Highest CAGR During Forecast Period
Table 22 Torque Sensor Market for Optical Technology, by Application, 2021-2026 (USD Million)
7.5 Surface Acoustic Wave
7.5.1 Benefits Such as High Stability and High Sensitivity are Driving Adoption of Surface Acoustic Wave Technology in Torque Sensing Process
Table 23 Torque Sensor Market for Saw Technology, by Application, 2017-2020 (USD Million)
Table 24 Torque Sensor Market for Saw Technology, by Application, 2021-2026 (USD Million)
8 Torque Sensor Market, by Application
8.1 Introduction
Table 25 Torque Sensor Market, by Application, 2017-2020 (USD Million)
Figure 26 Automotive Application to Hold Largest Market Share During Forecast Period
Table 26 Torque Sensor Market, by Application, 2021-2026 (USD Million)
Table 27 Rotary Torque Sensor Market, by Application, 2017-2020 (USD Million)
Table 28 Rotary Torque Sensor Market, by Application, 2021-2026 (USD Million)
Table 29 Reaction Torque Sensor Market, by Application, 2017-2020 (USD Million)
Table 30 Reaction Torque Sensor Market, by Application, 2021-2026 (USD Million)
8.2 Automotive
8.2.1 Automotive Application Segment to Hold Maximum Share of Torque Sensor Market
Table 31 Torque Sensor Market for Automotive Application, by Type, 2017-2020 (USD Million)
Figure 27 Market for Rotary Torque Sensors in Automotive Application to Hold Larger Share During Forecast Period
Table 32 Torque Sensor Market for Automotive Application, by Type, 2021-2026 (USD Million)
8.3 Test & Measurement
8.3.1 Test and Measurement Application Covers Analysis, Validation, and Verification of Mechanical and Electronic Systems
Table 33 Torque Sensor Market for Test & Measurement Application, by Type, 2017-2020 (USD Million)
Table 34 Torque Sensor Market for Test & Measurement Application, by Type, 2021-2026 (USD Million)
8.4 Industrial
8.4.1 High Importance of Torque Measurement During Manufacturing Process to Drive Market Growth
Table 35 Torque Sensor Market for Industrial Application, by Type, 2017-2020 (USD Million)
Figure 28 Market for Rotary Torque Sensors in Industrial Application to Grow at Higher CAGR During Forecast Period
Table 36 Torque Sensor Market for Industrial Application, by Type, 2021-2026 (USD Million)
8.5 Aerospace & Defense
8.5.1 Growing Use of Torque Sensors in Civil and Military Aviation, as Well as Governmental and Private Spaceflight Programs
Table 37 Torque Sensor Market for Aerospace & Defense Application, by Type, 2017-2020 (USD Million)
Table 38 Torque Sensor Market for Aerospace & Defense, by Type, 2021-2026 (USD Million)
8.6 Others
8.6.1 Rotary Torque Sensors are Used in Poultry Feeders to Monitor Torque of Motor
Table 39 Torque Sensor Market for Other Applications, by Type, 2017-2020 (USD Million)
Table 40 Torque Sensor Market for Other Applications, by Type, 2021-2026 (USD Million)
8.7 COVID-19 Impact on Different Application Areas of Torque Sensors
9 Geographic Analysis of Torque Sensor Market
9.1 Introduction
Figure 29 China to Witness Highest Growth in Torque Sensor Market During Forecast Period
Table 41 Torque Sensor Market, by Region, 2017-2020 (USD Million)
Table 42 Torque Sensor Market, by Region, 2021-2026 (USD Million)
Table 43 Torque Sensor Market for Strain Gauge Technology, by Region, 2017-2020 (USD Million)
Table 44 Torque Sensor Market for Strain Gauge Technology, by Region, 2021-2026 (USD Million)
Table 45 Torque Sensor Market for Strain Gauge Technology for Automotive Application, by Region, 2017-2020 (USD Million)
Table 46 Torque Sensor Market for Strain Gauge Technology for Automotive Application, by Region, 2021-2026 (USD Million)
Table 47 Torque Sensor Market for Strain Gauge Technology for Test & Measurement Application, by Region, 2017-2020 (USD Million)
Table 48 Torque Sensor Market for Strain Gauge Technology for Test & Measurement Application, by Region, 2021-2026 (USD Million)
Table 49 Torque Sensor Market for Strain Gauge Technology for Industrial Application, by Region, 2017-2020 (USD Million)
Table 50 Torque Sensor Market for Strain Gauge Technology for Industrial Application, by Region, 2021-2026 (USD Million)
Table 51 Torque Sensor Market for Strain Gauge Technology for Aerospace & Defense Application, by Region, 2017-2020 (USD Million)
Table 52 Torque Sensor Market for Strain Gauge Technology for Aerospace & Defense Application, by Region, 2021-2026 (USD Million)
Table 53 Torque Sensor Market for Strain Gauge Technology for Other Applications, by Region, 2017-2020 (USD Million)
Table 54 Torque Sensor Market for Strain Gauge Technology for Other Applications, by Region, 2021-2026 (USD Million)
Table 55 Torque Sensor Market for Magnetoelastic Technology, by Region, 2017-2020 (USD Million)
Table 56 Torque Sensor Market for Magnetoelastic Technology, by Region, 2021-2026 (USD Million)
Table 57 Torque Sensor Market for Magnetoelastic Technology for Automotive Application, by Region, 2017-2020 (USD Million)
Table 58 Torque Sensor Market for Magnetoelastic Technology for Automotive Application, by Region, 2021-2026 (USD Million)
Table 59 Torque Sensor Market for Magnetoelastic Technology for Test & Measurement Application, by Region, 2017-2020 (USD Million)
Table 60 Torque Sensor Market for Magnetoelastic Technology for Test & Measurement Application, by Region, 2021-2026 (USD Million)
Table 61 Torque Sensor Market for Magnetoelastic Technology for Industrial Application, by Region, 2017-2020 (USD Million)
Table 62 Torque Sensor Market for Magnetoelastic Technology for Industrial Application, by Region, 2021-2026 (USD Million)
Table 63 Torque Sensor Market for Magnetoelastic Technology for Aerospace & Defense Application, by Region, 2017-2020 (USD Million)
Table 64 Torque Sensor Market for Magnetoelastic Technology for Aerospace & Defense Application, by Region, 2021-2026 (USD Million)
Table 65 Torque Sensor Market for Magnetoelastic Technology for Other Applications, by Region, 2017-2020 (USD Million)
Table 66 Torque Sensor Market for Magnetoelastic Technology for Other Applications, by Region, 2021-2026 (USD Million)
Table 67 Torque Sensor Market for Optical Technology, by Region, 2017-2020 (USD Million)
Table 68 Torque Sensor Market for Optical Technology, by Region, 2021-2026 (USD Million)
Table 69 Torque Sensor Market for Optical Technology for Automotive Application, by Region, 2017-2020 (USD Million)
Table 70 Torque Sensor Market for Optical Technology for Automotive Application, by Region, 2021-2026 (USD Million)
Table 71 Torque Sensor Market for Optical Technology for Test & Measurement Application, by Region, 2017-2020 (USD Million)
Table 72 Torque Sensor Market for Optical Technology for Test & Measurement Application, by Region, 2021-2026 (USD Million)
Table 73 Torque Sensor Market for Optical Technology for Industrial Application, by Region, 2017-2020 (USD Million)
Table 74 Torque Sensor Market for Optical Technology for Industrial Application, by Region, 2021-2026 (USD Million)
Table 75 Torque Sensor Market for Optical Technology for Aerospace & Defense Application, by Region, 2017-2020 (USD Million)
Table 76 Torque Sensor Market for Optical Technology for Aerospace & Defense Application, by Region, 2021-2026 (USD Million)
Table 77 Torque Sensor Market for Optical Technology for Other Applications, by Region, 2017-2020 (USD Million)
Table 78 Torque Sensor Market for Optical Technology for Other Applications, by Region, 2021-2026 (USD Million)
Table 79 Torque Sensor Market for Saw Technology, by Region, 2017-2020 (USD Million)
Table 80 Torque Sensor Market for Saw Technology, by Region, 2021-2026 (USD Million)
Table 81 Torque Sensor Market for Saw Technology for Automotive Application, by Region, 2017-2020 (USD Million)
Table 82 Torque Sensor Market for Saw Technology for Automotive Application, by Region, 2021-2026 (USD Million)
Table 83 Torque Sensor Market for Saw Technology for Test & Measurement Application, by Region, 2017-2020 (USD Million)
Table 84 Torque Sensor Market for Saw Technology Test & Measurement Application, by Region, 2021-2026 (USD Million)
Table 85 Torque Sensor Market for Saw Technology for Industrial Application, by Region, 2017-2020 (USD Million)
Table 86 Torque Sensor Market for Saw Technology for Industrial Application, by Region, 2021-2026 (USD Million)
Table 87 Torque Sensor Market for Saw Technology for Aerospace & Defense Application, by Region, 2017-2020 (USD Million)
Table 88 Torque Sensor Market for Saw Technology for Aerospace & Defense Application, by Region, 2021-2026 (USD Million)
Table 89 Torque Sensor Market for Saw Technology for Other Applications, by Region, 2017-2020 (USD Million)
Table 90 Torque Sensor Market for Saw Technology for Other Applications, by Region, 2021-2026 (USD Million)
9.2 North America
Figure 30 North America: Torque Sensor Market Snapshot
Table 91 Torque Sensor Market in North America, by Application, 2017-2020 (USD Million)
Table 92 Torque Sensor Market in North America, by Application, 2021-2026 (USD Million)
Table 93 Torque Sensor Market in North America, by Country, 2017-2020 (USD Million)
Table 94 Torque Sensor Market in North America, by Country, 2021-2026 (USD Million)
9.2.1 US
9.2.1.1 Increasing Demand for Low-Cost Sensor to Boost Growth of Torque Sensor Market in US
9.2.2 Canada
9.2.2.1 Industrial and Automotive Application are Driving Growth of Torque Sensor Market in Canada
9.2.3 Mexico
9.2.3.1 Expanding Automotive Industry is Driving Growth of Torque Sensor Market
9.3 Europe
Figure 31 Europe: Torque Sensor Market Snapshot
Table 95 Torque Sensor Market in Europe, by Application, 2017-2020 (USD Million)
Table 96 Torque Sensor Market in Europe, by Application, 2021-2026 (USD Million)
Table 97 Torque Sensor Market in Europe, by Country, 2017-2020 (USD Million)
Table 98 Torque Sensor Market in Europe, by Country, 2021-2026 (USD Million)
9.3.1 Germany
9.3.1.1 Germany is Expected to Hold Largest Share of Torque Sensor Market in Europe
9.3.2 UK
9.3.2.1 Expanding Automotive Industry is Driving Growth of Torque Sensor Market in UK
9.3.3 France
9.3.3.1 Growing Adoption of Torque Sensors in Drive Assistance Systems to Boost Market Growth in France
9.3.4 Spain
9.3.4.1 Torque Sensor Market in Spain to Grow at a Slower Pace as Compared to Other European Countries
9.3.5 Rest of Europe
9.4 Asia-Pacific
Figure 32 APAC: Torque Sensor Market Snapshot
Table 99 Torque Sensor Market in Apac, by Application, 2017-2020 (USD Million)
Table 100 Torque Sensor Market in Apac, by Application, 2021-2026 (USD Million)
Table 101 Torque Sensor Market in Apac, by Country, 2017-2020 (USD Million)
Table 102 Torque Sensor Market in Apac, by Country, 2021-2026 (USD Million)
9.4.1 China
9.4.1.1 China to Hold Largest Share of Torque Sensor Market in APAC
9.4.2 Japan
9.4.2.1 Initiatives Taken by Government to Increase Use of Intelligent Machines are Driving Growth of Torque Sensor Market
9.4.3 South Korea
9.4.3.1 Torque Sensor Market in South Korea is Dominated by Automotive and Industrial Applications
9.4.4 Rest of APAC
9.5 Rest of the World
Figure 33 South America to Dominate Row Market During Forecast Period
Table 103 Torque Sensor Market in Row, by Application, 2017-2020 (USD Million)
Table 104 Torque Sensor Market in Row, by Application, 2021-2026 (USD Million)
Table 105 Torque Sensor Market in Row, by Region, 2017-2020 (USD Million)
Table 106 Torque Sensor Market in Row, by Region, 2021-2026 (USD Million)
9.5.1 South America
9.5.1.1 South America to Hold Larger Share of Torque Sensor Market in Row
9.5.2 Middle East and Africa
9.5.2.1 Presence of Prominent Industries to Drive Growth of Torque Sensor Market in Row
9.6 COVID-19 Impact on Torque Sensor Market in Different Regions
10 Competitive Landscape
10.1 Overview
10.2 Ranking Analysis of Players in Torque Sensor Market
Figure 34 Ranking of Key Players in Torque Sensor Market (2020)
10.3 Company Evaluation Matrix
10.3.1 Star
10.3.2 Emerging Leader
10.3.3 Pervasive
10.3.4 Participant
Table 107 List of Start-Ups in Torque Sensor Market
Figure 35 Company Evaluation Matrix, 2020
Figure 36 Product and Business Footprint Analysis of Top Players
10.4 Key Market Developments
10.4.1 Product Launches and Developments
Table 108 Product Launches, 2018-2020
10.4.2 Partnerships and Collaborations
Table 109 Partnerships and Contracts, 2018-2020
10.4.3 Mergers and Acquisitions
Table 110 Mergers and Acquisitions, 2018-2020
10.4.4 Expansion
Table 111 Expansion, 2018-2020
11 Company Profiles
11.1 Introduction
11.2 Key Players
(Business Overview, Products Offered, Recent Developments, COVID-19-Related Developments, and Analyst's View)*
11.2.1 Abb
Figure 37 Abb: Company Snapshot
11.2.2 Crane Electronics
11.2.3 Futek Advanced Sensor Technology
11.2.4 HBM
11.2.5 Applied Measurements
11.2.6 Teledyne Technologies
Figure 38 Teledyne Technologies: Company Snapshot
11.2.7 TE Connectivity
Figure 39 TE Connectivity: Company Snapshot
11.2.8 Honeywell
Figure 40 Honeywell: Company Snapshot
11.2.9 Infineon Technologies
Figure 41 Infineon Technologies: Company Snapshot
11.2.10 Kistler Holding
11.2.11 Sensor Technology
11.2.12 Norbar Torque Tools
* Business Overview, Products Offered, Recent Developments, COVID-19-Related Developments, and Analyst's View Might Not be Captured in Case of Unlisted Companies.
11.3 Other Key Players
11.3.1 Datum Electronics
11.3.2 Magcanica
11.3.3 Interface
11.3.4 Aimco
11.3.5 Mountz
11.3.6 Pcb Piezotronics
11.3.7 S. Himmelstein and Company
11.3.8 Transense Technologies
12 Appendix
12.1 Discussion Guide
Executive Summary
Companies Mentioned
- Abb
- Aimco
- Applied Measurements
- Crane Electronics
- Datum Electronics
- Futek Advanced Sensor Technology
- Hbm
- Honeywell
- Infineon Technologies
- Interface
- Kistler Holding
- Magcanica
- Mountz
- Norbar Torque Tools
- Pcb Piezotronics
- S. Himmelstein and Company
- Sensor Technology
- Te Connectivity
- Teledyne Technologies
- Transense Technologies
Methodology
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