Global Torque Sensor Market 2016-2020

About Torque Sensor

A torque sensor or a torque transducer is a device that is used for measuring the amount of torque acting upon a rotating system or mechanism in machinery such as engine, transmission, gearbox, crankshaft, or rotor. Torque sensors can measure all the components of torque acting along the six axes of a rotating system. Torque sensors measure both static and dynamic torque. However, the measurement of dynamic torque involves the transfer of either electric or magnetic effect from a shaft measured in a static system.

Technavio’s analysts forecast the global torque sensor market to grow at a CAGR of 9.86% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global torque sensor market for 2016-2020. To calculate the market size, the report considers the revenue generated from unit shipments of torque sensors.

The market is divided into the following segments based on geography:
• Americas
• APAC
• EMEA

Technavio's report, Global Torque Sensor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
• ABB
• ATI Industrial Automation
• Crane Electronics
• FUTEK Advanced Sensor Technology
• HBM Test and Measurement
• Honeywell Sensing and Control
• Interface Advanced Force Measurement
• Kistler Holding
• Kistler Holding

Market driver
• Rise in demand for high-performance vehicles in automotive industry
• For a full, detailed list, view our report

Market challenge
• Compliance with safety standards
• For a full, detailed list, view our report

Market trend
• Compliance with quality standards
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

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This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.

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