Market Overview:
The global rotation torque sensors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for rotation torque sensors in various applications, such as automotive, aerospace, marine, industrial machinery and others. Additionally, the growing awareness about safety and security is also propelling the growth of this market.
Product Definition:
A rotation torque sensor is a device used to measure the amount of torque applied to an object. The sensor is typically a rotary potentiometer or a rotary encoder, which converts the angular position of the object into an electrical signal. The signal can be used to calculate the torque applied to the object, and can also be used in feedback control systems to maintain a desired level of torque.
Dynamic Type:
Dynamic type is a technology that allows the sensor to change its shape and size as per requirement. It helps in measuring torque with high accuracy and precision. The major advantage of using dynamic type is that it can be used for all the applications where a cylindrical or planar measurement device is required.
The sensors are available in different forms such as rods, bars, cones, etc., which help measure torque accurately by changing their shapes according to requirements.
Static Type:
The static type is a property of the sensor that defines its size and shape. It does not change with the applied torque. The static type can be used to design robust sensors, which are capable of operating under severe conditions without any damage or wear& tear.
In general, there are two types of sensors: rotating and non-rotating sensing elements (static).
Application Insights:
The automotive application segment accounted for the largest revenue share of over 40% in 2017. The global market is witnessing an upsurge in demand for electric vehicles owing to increasing government regulations regarding vehicle emissions and fuel efficiency. Electric motors produce very little torque at low speeds, as they lack the necessary force to move a car from a standstill position. This has led to the development of sensors that can sense when a vehicle is stationary and apply just enough torque so that it can be shifted into gear with ease. Such advanced technology provides drivers with comfort while driving by sensing conditions such as road speed, steering angle, and engine revs., thereby improving overall safety standards across various vehicles types including cars, motorbikes & scooters, trucks & buses etc.
Rotation torque sensors are used extensively across several industries including construction equipment driveshafts/axles/trucks; agricultural machinery; mining equipment; material handling equipment; industrial machinery components such as turbines or compressors etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, and Japan. These countries are experiencing strong economic growth owing to various factors such as rapid industrialization and urbanization, increasing population along with rising living standards of consumers. Moreover, these countries have a large number of manufacturing facilities that require regular maintenance for proper functioning. This factor is anticipated to drive product demand in the region over the forecast period.
The automotive sector forms an important part of Brazil’s economy as it contributes approximately 18% towards GDP every year; thus generating around 0 billion in 2015 alone (OICA). The Brazilian automotive industry has been witnessing significant growth since past few years on account of increasing vehicle production coupled with growing consumer demand for vehicles across all segments including passenger cars (cars without commercial tray), commercial cars (buses), two-wheelers & motorcycles) & LCVs/HCVs).
Growth Factors:
- Increasing demand from automotive industry for advanced torque sensing solutions for improving fuel efficiency and safety.
- Growing popularity of electric and hybrid vehicles, which require more sophisticated torque sensing systems for efficient power transmission.
- Rising demand from the aerospace & defense sector for sensors that can detect very small rotational forces with high accuracy and precision.
- Rapid advancements in sensor technology that are making rotational torque sensors smaller, faster, and more affordable than ever before.
- Growing number of applications across a wide range of industries that require accurate measurement of rotating forces, such as medical devices, robotics, agricultural equipment etc
Scope Of The Report
Report Attributes
Report Details
Report Title
Rotation Torque Sensors Market Research Report
By Type
Dynamic Type, Static Type
By Application
Automotive, Aerospace, Marine, Industrial Machinery, Others
By Companies
A&D Company, HBM Test and Measurement, Futek, Interface Inc, Applied Measurements Ltd, ETH-messtechnik GmbH, Kyowa, Lorenz Messtechnik, Burster, Honeywell, Mountz, Scaime, Kistler Instrument Corp, TE Connectivity, Crane Electronics Ltd, HITEC Sensor Developments, Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
250
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Rotation Torque Sensors Market Report Segments:
The global Rotation Torque Sensors market is segmented on the basis of:
Types
Dynamic Type, Static Type
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace, Marine, Industrial Machinery, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- A&D Company
- HBM Test and Measurement
- Futek
- Interface Inc
- Applied Measurements Ltd
- ETH-messtechnik GmbH
- Kyowa
- Lorenz Messtechnik
- Burster
- Honeywell
- Mountz
- Scaime
- Kistler Instrument Corp
- TE Connectivity
- Crane Electronics Ltd
- HITEC Sensor Developments, Inc
Highlights of The Rotation Torque Sensors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Dynamic Type
- Static Type
- By Application:
- Automotive
- Aerospace
- Marine
- Industrial Machinery
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Rotation Torque Sensors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Rotation torque sensors are used to measure the rotational force applied to a shaft or other rotating object. These sensors can be mounted on the object itself, or they can be attached to a measuring device that is then connected to the object. The sensor measures the amount of torque being applied and provides this information directly to an electronic system. This system can then use this data to control various aspects of the rotating object, such as its speed and direction.
Some of the major companies in the rotation torque sensors market are A&D Company, HBM Test and Measurement, Futek, Interface Inc, Applied Measurements Ltd, ETH-messtechnik GmbH, Kyowa, Lorenz Messtechnik, Burster, Honeywell, Mountz, Scaime, Kistler Instrument Corp, TE Connectivity, Crane Electronics Ltd, HITEC Sensor Developments, Inc.
The rotation torque sensors market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Rotation Torque Sensors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Rotation Torque Sensors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Rotation Torque Sensors Market - Supply Chain
4.5. Global Rotation Torque Sensors Market Forecast
4.5.1. Rotation Torque Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Rotation Torque Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Rotation Torque Sensors Market Absolute $ Opportunity
5. Global Rotation Torque Sensors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Rotation Torque Sensors Market Size and Volume Forecast by Type
5.3.1. Dynamic Type
5.3.2. Static Type
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Rotation Torque Sensors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Rotation Torque Sensors Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace
6.3.3. Marine
6.3.4. Industrial Machinery
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Rotation Torque Sensors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Rotation Torque Sensors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Rotation Torque Sensors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Rotation Torque Sensors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Rotation Torque Sensors Demand Share Forecast, 2019-2029
9. North America Rotation Torque Sensors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Rotation Torque Sensors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Rotation Torque Sensors Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace
9.4.3. Marine
9.4.4. Industrial Machinery
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Rotation Torque Sensors Market Size and Volume Forecast by Type
9.7.1. Dynamic Type
9.7.2. Static Type
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Rotation Torque Sensors Demand Share Forecast, 2019-2029
10. Latin America Rotation Torque Sensors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Rotation Torque Sensors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Rotation Torque Sensors Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace
10.4.3. Marine
10.4.4. Industrial Machinery
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Rotation Torque Sensors Market Size and Volume Forecast by Type
10.7.1. Dynamic Type
10.7.2. Static Type
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Rotation Torque Sensors Demand Share Forecast, 2019-2029
11. Europe Rotation Torque Sensors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Rotation Torque Sensors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Rotation Torque Sensors Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace
11.4.3. Marine
11.4.4. Industrial Machinery
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Rotation Torque Sensors Market Size and Volume Forecast by Type
11.7.1. Dynamic Type
11.7.2. Static Type
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Groth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Rotation Torque Sensors Demand Share, 2019-2029
12. Asia Pacific Rotation Torque Sensors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Rotation Torque Sensors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Rotation Torque Sensors Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace
12.4.3. Marine
12.4.4. Industrial Machinery
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Rotation Torque Sensors Market Size and Volume Forecast by Type
12.7.1. Dynamic Type
12.7.2. Static Type
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Rotation Torque Sensors Demand Share, 2019-2029
13. Middle East & Africa Rotation Torque Sensors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Rotation Torque Sensors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Rotation Torque Sensors Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace
13.4.3. Marine
13.4.4. Industrial Machinery
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Rotation Torque Sensors Market Size and Volume Forecast by Type
13.7.1. Dynamic Type
13.7.2. Static Type
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Rotation Torque Sensors Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Rotation Torque Sensors Market: Market Share Analysis
14.2. Rotation Torque Sensors Distributors and Customers
14.3. Rotation Torque Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. A&D Company
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. HBM Test and Measurement
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Futek
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Interface Inc
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Applied Measurements Ltd
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. ETH-messtechnik GmbH
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Kyowa
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lorenz Messtechnik
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Burster
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Honeywell
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Mountz
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Scaime
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kistler Instrument Corp
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. TE Connectivity
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Crane Electronics Ltd
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. HITEC Sensor Developments, Inc
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
