The global static torque sensors market is expected to grow at a CAGR of 5.5% during the forecast period, from 2021 to 2030. The growth of this market is attributed to the increasing demand for automation in manufacturing and robotics industries, which are driving the demand for torque sensors. The automotive industry is also expected to be a major driver for this market due to its high adoption rate of torque sensors in various applications such as engine control systems, transmission control systems, and powertrain control systems.
The single bond type segment accounted for the largest share of the global static torque sensor market in 2018 owing to its low cost and easy installation process. However, double bond type segment is expected to grow at a higher CAGR during the forecast period owing to its high accuracy level and ability to measure both tension and compression forces simultaneously. Flange type segment accounted for a small share of this market in 2018 due with its high cost but it has been witnessing an increase in adoption rates over time owing mainly due increased use cases such as aerospace & defense sector where it can be used as an alternative solution when other types are not feasible or available.
Some Of The Growth Factors Of This Market:
- The increasing demand for electric vehicles is expected to drive the growth of the static torque sensors market.
- The increasing use of torque sensors in various industries such as automotive, aerospace, and construction is expected to fuel the growth of the static torque sensors market.
- The growing need for accurate measurement and control in various industries such as automotive, aerospace, and construction is expected to drive the growth of the static torque sensors market.
- Increasing investments by key players in R&D activities are also driving the growth of this market.
- Increasing demand for high-quality products from customers.
Industry Growth Insights published a new data on “Static Torque Sensors Market”. The research report is titled “Static Torque Sensors Market research by Types (Single bond, Double bond, Flange, Other), By Applications (Manufacturing, Robotics, Automotive, Aerospace & Defense, Medical Sector, Agriculture, Printing and Packaging, Industrial, Others), By Players/Companies Futek Advanced Sensor Technology, Honeywell International, A&D Company, Deprag, ATI Industrial Automation, HBM, LORD MicroStrain, Measurement Specialities, Transense Technologies, S. Himmelstein and Company, PCB Piezotronics, Norbar Torque Tools, Mountz, Magcanica, Kistler Instrumente, Aimco, Datum Electronics, KTR Kupplungstechnik, BORGWARNER, Bourns”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Static Torque Sensors Market Research Report
By Type
Single bond, Double bond, Flange, Other
By Application
Manufacturing, Robotics, Automotive, Aerospace & Defense, Medical Sector, Agriculture, Printing and Packaging, Industrial, Others
By Companies
Futek Advanced Sensor Technology, Honeywell International, A&D Company, Deprag, ATI Industrial Automation, HBM, LORD MicroStrain, Measurement Specialities, Transense Technologies, S. Himmelstein and Company, PCB Piezotronics, Norbar Torque Tools, Mountz, Magcanica, Kistler Instrumente, Aimco, Datum Electronics, KTR Kupplungstechnik, BORGWARNER, Bourns
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Static Torque Sensors Market Report Segments:
The global Static Torque Sensors market is segmented on the basis of:
Types
Single bond, Double bond, Flange, Other
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
Manufacturing, Robotics, Automotive, Aerospace & Defense, Medical Sector, Agriculture, Printing and Packaging, Industrial, 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:
- Futek Advanced Sensor Technology
- Honeywell International
- A&D Company
- Deprag
- ATI Industrial Automation
- HBM
- LORD MicroStrain
- Measurement Specialities
- Transense Technologies
- S. Himmelstein and Company
- PCB Piezotronics
- Norbar Torque Tools
- Mountz
- Magcanica
- Kistler Instrumente
- Aimco
- Datum Electronics
- KTR Kupplungstechnik
- BORGWARNER
- Bourns
Highlights of The Static 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:
- Single bond
- Double bond
- Flange
- Other
- By Application:
- Manufacturing
- Robotics
- Automotive
- Aerospace & Defense
- Medical Sector
- Agriculture
- Printing and Packaging
- Industrial
- 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 Static 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.
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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?
Static torque sensors are used to measure the static torque, or twisting force, of a rotating object. This type of sensor is often used in industrial applications to monitor the performance of machinery.
Some of the major companies in the static torque sensors market are Futek Advanced Sensor Technology, Honeywell International, A&D Company, Deprag, ATI Industrial Automation, HBM, LORD MicroStrain, Measurement Specialities, Transense Technologies, S. Himmelstein and Company, PCB Piezotronics, Norbar Torque Tools, Mountz, Magcanica, Kistler Instrumente, Aimco, Datum Electronics, KTR Kupplungstechnik, BORGWARNER, Bourns.
The static torque sensors market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Static 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. Static 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. Static Torque Sensors Market - Supply Chain
4.5. Global Static Torque Sensors Market Forecast
4.5.1. Static Torque Sensors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Static Torque Sensors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Static Torque Sensors Market Absolute $ Opportunity
5. Global Static 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. Static Torque Sensors Market Size and Volume Forecast by Type
5.3.1. Single bond
5.3.2. Double bond
5.3.3. Flange
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Static 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. Static Torque Sensors Market Size and Volume Forecast by Application
6.3.1. Manufacturing
6.3.2. Robotics
6.3.3. Automotive
6.3.4. Aerospace & Defense
6.3.5. Medical Sector
6.3.6. Agriculture
6.3.7. Printing and Packaging
6.3.8. Industrial
6.3.9. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Static 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. Static 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 Static 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. Static 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 Static Torque Sensors Demand Share Forecast, 2019-2026
9. North America Static 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 Static 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 Static Torque Sensors Market Size and Volume Forecast by Application
9.4.1. Manufacturing
9.4.2. Robotics
9.4.3. Automotive
9.4.4. Aerospace & Defense
9.4.5. Medical Sector
9.4.6. Agriculture
9.4.7. Printing and Packaging
9.4.8. Industrial
9.4.9. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Static Torque Sensors Market Size and Volume Forecast by Type
9.7.1. Single bond
9.7.2. Double bond
9.7.3. Flange
9.7.4. Other
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 Static Torque Sensors Demand Share Forecast, 2019-2026
10. Latin America Static 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 Static 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 Static Torque Sensors Market Size and Volume Forecast by Application
10.4.1. Manufacturing
10.4.2. Robotics
10.4.3. Automotive
10.4.4. Aerospace & Defense
10.4.5. Medical Sector
10.4.6. Agriculture
10.4.7. Printing and Packaging
10.4.8. Industrial
10.4.9. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Static Torque Sensors Market Size and Volume Forecast by Type
10.7.1. Single bond
10.7.2. Double bond
10.7.3. Flange
10.7.4. Other
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 Static Torque Sensors Demand Share Forecast, 2019-2026
11. Europe Static 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 Static 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 Static Torque Sensors Market Size and Volume Forecast by Application
11.4.1. Manufacturing
11.4.2. Robotics
11.4.3. Automotive
11.4.4. Aerospace & Defense
11.4.5. Medical Sector
11.4.6. Agriculture
11.4.7. Printing and Packaging
11.4.8. Industrial
11.4.9. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Static Torque Sensors Market Size and Volume Forecast by Type
11.7.1. Single bond
11.7.2. ouble bond
11.7.3. Flange
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth 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 Static Torque Sensors Demand Share, 2019-2026
12. Asia Pacific Static 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 Static 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 Static Torque Sensors Market Size and Volume Forecast by Application
12.4.1. Manufacturing
12.4.2. Robotics
12.4.3. Automotive
12.4.4. Aerospace & Defense
12.4.5. Medical Sector
12.4.6. Agriculture
12.4.7. Printing and Packaging
12.4.8. Industrial
12.4.9. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Static Torque Sensors Market Size and Volume Forecast by Type
12.7.1. Single bond
12.7.2. Double bond
12.7.3. Flange
12.7.4. Other
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 Static Torque Sensors Demand Share, 2019-2026
13. Middle East & Africa Static 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 Static 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 Static Torque Sensors Market Size and Volume Forecast by Application
13.4.1. Manufacturing
13.4.2. Robotics
13.4.3. Automotive
13.4.4. Aerospace & Defense
13.4.5. Medical Sector
13.4.6. Agriculture
13.4.7. Printing and Packaging
13.4.8. Industrial
13.4.9. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Static Torque Sensors Market Size and Volume Forecast by Type
13.7.1. Single bond
13.7.2. Double bond
13.7.3. Flange
13.7.4. Other
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 Static Torque Sensors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Static Torque Sensors Market: Market Share Analysis
14.2. Static Torque Sensors Distributors and Customers
14.3. Static Torque Sensors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Futek Advanced Sensor Technology
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Honeywell International
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. A&D Company
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Deprag
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. ATI Industrial Automation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. HBM
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. LORD MicroStrain
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Measurement Specialities
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Transense Technologies
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. S. Himmelstein and Company
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. PCB Piezotronics
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Norbar Torque Tools
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mountz
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Magcanica
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Kistler Instrumente
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Aimco
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Datum Electronics
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. KTR Kupplungstechnik
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. BORGWARNER
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Bourns
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
