Torque Sensors Market - Size, Share, Outlook, and Opportunity Analysis, 2018 – 2026
A torque sensor is a device used for measuring and
recording the torque of a rotating system such as an engine,
crankshaft, gearbox, rotor, and bicycle crank or cap torque tester.
The torque is mainly divided in two categories: static torque and
dynamic torque. Static torque does not produce an angular
acceleration and dynamic torque refers to the amount of torque motor
produces at some speed of rotation with applied load.
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Global Torque Sensors Market: Regional
Insights
Asia Pacific is expected to be the fastest growing
region in the torque sensors market over the forecast period. The
substantial growth in the automotive production of vehicles in
economies such as India and China is one of the major factors for
increasing demand for torque sensors in this region. For instance,
according to the Organisation Internationale des Constructeurs
d’Automobiles (OICA) analysis, the production of vehicles in India
and China in 2016 was 4.5 billion units and 28.1 billion units,
respectively, which increased up to 4.7 billion units and 29 billion
units, respectively in 2017. Torque sensors are used in automotive
industry for numerous applications such as testing of clutch and
gearboxes, brake testing, and others. These factors are expected to
propel demand for torque sensors in Asia Pacific region.
Global Torque Sensors Market: Competitive
Landscape
Major players operating in the global torque
sensors market include ABB Limited, ATI Industrial Automation, Inc.,
Futek Advanced Sensor Technology, Inc., Interface Inc., Kistler
Instrument Corporation, Crane Electronics Ltd, Honeywell
International Inc., Datum Electronics Ltd., and PCB Piezotronics Inc.
Market players are adopting strategies such as product development,
in order to gain competitive edge in the market. For instance, in
June 2018, OnRobot A/S launched the force-torque sensor product.
Force-torque sensors based on OptoForce HEX technology received a
substantial technical upgrade, making installation and handling of
the sensors even easier and faster. Furthermore, the weight of the
sensor was reduced by 20 percent.
Global Torque Sensors Market: Taxonomy
By Product Type
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Rotary Torque Sensors
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Reaction Torque Sensors
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Surface Acoustic Wave (SAW) Torque Sensors
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Optical Torque Sensors
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Others
By Mechanical Configuration
-
Shaft Style
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Flange Style
By Application
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Automotive & Transportation
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Aerospace & Defense
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Medical & Healthcare
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Others (Agriculture and Mining)
By Region
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North America
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Europe
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Asia Pacific
-
Latin America
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Middle East
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Africa
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