+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

Europe Torque Sensor Market, by Type, by Technology, by Application, by Country, Industry Analysis and Forecast, 2019 - 2025

  • PDF Icon

    Report

  • 93 Pages
  • March 2020
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5017733
The Europe Torque Sensor Market is expected to witness market growth of 6.4% CAGR during the forecast period (2019-2025).

The development of contactless hall effect devices for electric power steering is a major trend throughout the industry. Such technologies are primarily used in the electric power-assisted steering applications, providing the ability to measure the change angle between two rotating shafts and optimizing the steering power. The introduction of electronic torque transducers in power steering help to increase vehicle fuel efficiency through the use of electric steering systems. Accelerated adoption of built-in force transducers in harmonic devices fuels demand from the industry.

The extensive use of torque sensors in automotive applications has contributed to the high growth rate of the market in the years to come. This growth can also be associated with the increased demand for rotary and linear force torque sensors. Automotive manufacturers integrate more torque sensors into their products to add extra features and stay ahead of other players in the highly competitive marketplace.

A strain gauge is the most prevalent transducer that transforms torque into a change in electrical resistance. The strain gauge is bonded to a beam or structural component which deforms when applying a torque or force. Deflection causes tension that changes their resistance. A Wheatstone bridge helps to convert the resistance change into a calibrated output signal. A reaction torque cell design eliminates the side loading (bending) and axial loading, and is sensitive to torque loading only. The performance of the sensor is a force and distance function, and is generally expressed in inch-pounds, foot-pounds, or Newton-meters.

Based on Type, the market is segmented into Rotary Torque Sensors and Reaction Torque Sensors. Based on Technology, the market is segmented into Strain Gauge, Magnetoelastic, Surface Acoustic Wave and Others. Based on Application, the market is segmented into Automotive, Test & Measurement, Aerospace & Defense, Industrial and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., ABB Group, Infineon Technologies AG, MTS Systems Corporation (PCB Piezotronics, Inc.), Snap-On, Inc. (Norbar Torque Tools), Crane Electronics, Ltd., FUTEK Advanced Sensor Technology, Inc, Applied Measurements Ltd., Kistler Group (Kistler Holding AG), and MagCanica, Inc.

Scope of the Study

Market Segmentation:

By Type
  • Rotary Torque Sensors
  • Reaction Torque Sensors

By Technology
  • Strain Gauge
  • Magnetoelastic
  • Surface Acoustic Wave
  • Others

By Application
  • Automotive
  • Test & Measurement
  • Aerospace & Defense
  • Industrial
  • Others

By Country
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Companies Profiled
  • Honeywell International, Inc.
  • ABB Group
  • Infineon Technologies AG
  • MTS Systems Corporation (PCB Piezotronics, Inc.)
  • Snap-On, Inc. (Norbar Torque Tools)
  • Crane Electronics, Ltd.
  • FUTEK Advanced Sensor Technology, Inc
  • Applied Measurements Ltd.
  • Kistler Group (Kistler Holding AG)
  • MagCanica, Inc.

Unique Offerings from the Publisher
  • Exhaustive coverage
  • Highest number of market tables and figures
  • Subscription based model available
  • Guaranteed best price
  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Torque Sensor Market, by Type
1.4.2 Europe Torque Sensor Market, by Technology
1.4.3 Europe Torque Sensor Market, by Application
1.4.4 Europe Torque Sensor Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.2 Executive Summary
2.1.3 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Europe Torque Sensor Market by Type
3.1 Europe Torque Sensor Rotary Torque Sensors Market by Country
3.2 Europe Torque Sensor Reaction Torque Sensors Market by Country
Chapter 4. Europe Torque Sensor Market by Technology
4.1 Europe Strain Gauge Torque Sensor Market by Country
4.2 Europe Magnetoelastic Torque Sensor Market by Country
4.3 Europe Surface Acoustic Wave Torque Sensor Market by Country
4.4 Europe Other Technology Torque Sensor Market by Country
Chapter 5. Europe Torque Sensor Market by Application
5.1 Europe Automotive Torque Sensor Market by Country
5.2 Europe Test & Measurement Torque Sensor Market by Country
5.3 Europe Aerospace & Defense Torque Sensor Market by Country
5.4 Europe Industrial Torque Sensor Market by Country
5.5 Europe Others Torque Sensor Market by Country
Chapter 6. Europe Torque Sensor Market by Country
6.1 Germany Torque Sensor Market
6.1.1 Germany Torque Sensor Market by Type
6.1.2 Germany Torque Sensor Market by Technology
6.1.3 Germany Torque Sensor Market by Application
6.2 UK Torque Sensor Market
6.2.1 UK Torque Sensor Market by Type
6.2.2 UK Torque Sensor Market by Technology
6.2.3 UK Torque Sensor Market by Application
6.3 France Torque Sensor Market
6.3.1 France Torque Sensor Market by Type
6.3.2 France Torque Sensor Market by Technology
6.3.3 France Torque Sensor Market by Application
6.4 Russia Torque Sensor Market
6.4.1 Russia Torque Sensor Market by Type
6.4.2 Russia Torque Sensor Market by Technology
6.4.3 Russia Torque Sensor Market by Application
6.5 Spain Torque Sensor Market
6.5.1 Spain Torque Sensor Market by Type
6.5.2 Spain Torque Sensor Market by Technology
6.5.3 Spain Torque Sensor Market by Application
6.6 Italy Torque Sensor Market
6.6.1 Italy Torque Sensor Market by Type
6.6.2 Italy Torque Sensor Market by Technology
6.6.3 Italy Torque Sensor Market by Application
6.7 Rest of Europe Torque Sensor Market
6.7.1 Rest of Europe Torque Sensor Market by Type
6.7.2 Rest of Europe Torque Sensor Market by Technology
6.7.3 Rest of Europe Torque Sensor Market by Application
Chapter 7. Company Profiles
7.1 Honeywell International, Inc.
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Regional & Segmental Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Product Launches and Product Expansions:
7.1.6 SWOT Analysis
7.2 ABB Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.2.5.2 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 Infineon Technologies AG
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expense
7.3.5 SWOT Analysis
7.4 MTS Systems Corporation (PCB Piezotronics, Inc.)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 SWOT Analysis
7.5 Snap-On, Inc. (Norbar Torque Tools)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Engineering Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Product Launches and Product Expansions:
7.6 Crane electronics, Ltd.
7.6.1 Company Overview
7.7 FUTEK Advanced Sensor Technology, Inc.
7.7.1 Company Overview
7.7.2 Recent strategies and developments:
7.7.2.1 Product Launches and Product Expansions:
7.8 Applied Measurements Ltd.
7.8.1 Company Overview
7.9 Kistler Group (Kistler Holding AG)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.9.2.2 Partnerships, Collaborations, and Agreements:
7.9.2.3 Geographical Expansions:
7.9.2.4 Acquisition and Mergers:
7.1 MagCanica, Inc.
7.10.1 Company Overview

Companies Mentioned

  • Honeywell International, Inc.
  • ABB Group
  • Infineon Technologies AG
  • MTS Systems Corporation (PCB Piezotronics, Inc.)
  • Snap-On, Inc. (Norbar Torque Tools)
  • Crane Electronics, Ltd.
  • FUTEK Advanced Sensor Technology, Inc
  • Applied Measurements Ltd.
  • Kistler Group (Kistler Holding AG)
  • MagCanica, Inc.

Methodology

Loading
LOADING...