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Torque Sensor Market by Type (Dynamic Torque Sensor and Static Torque Sensor) and Application (Automotive, Industrial, Aerospace & Defense, HealthCare, and Others): Global Opportunity Analysis and Industry Forecast, 2019–2026.

  • ALL3848224
  • 200 Pages
  • March 2020
  • Semiconductor and Electronics
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The global torque sensor market size was valued at $8.39 billion in 2018 and is estimated to reach $16.82 billion by 2026, growing at CAGR of 7.7% from 2019 to 2026.A torque sensor is a device that measures and records the torque on a rotating system, such as an engine, crankshaft, gearbox, and others. There are two types of torque sensor namely, dynamic torque sensor and static torque sensor. Static torque is relatively easy to measure. Dynamic torque, on the other hand, is not easy to measure, since it generally requires transfer of some effect from the shaft being measured to a static system.

The demand for torque sensor in the commercial sector is expected to increase rapidly during the forecast period, owing to various factors such as rise in demand for high performance vehicles, increase in penetration of EPS in passenger vehicles, and surge in demand for new torque measurement technologies. However, high installation cost is expected to hamper the market growth globally. The market for torque sensor in commercial sector is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. Furthermore, emerging application of torque sensor in healthcare vertical and evolution in the use of torque sensor in industrial applications offer lucrative opportunities for the torque sensor market growth globally.

The global torque sensor market is segmented on the basis of type, application, and region. Based on type, the market is analyzed across dynamic torque sensor and static torque sensor. On the basis of application, the market is divided into automotive, industrial, aerospace & defense, healthcare, and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA along with their prominent countries.

The key players profiled in the report include ABB Ltd., Honeywell International corporation, Infineon Technologies, Kistler Group, Sensor Technology, PCB Peozotronics, Crane Electronics, Datum Electronics, Futek Advanced Sensor Technology Inc., and HBM. These key players have adopted strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations to enhance their market penetration.

GLOBAL TORQUE SENSOR MARKET SEGMENTATION

By Type

• Dynamic Torque Sensor

• Static Torque Sensor

By Application

• Automotive

• Industrial

• Aerospace & Defense

• Healthcare

• Others

By Region

• North America

o U.S.

o Canada

o Mexico

• Europe

o UK

o Germany

o France

o Russia

o Rest of Europe

• Asia-Pacific

o China

o Japan

o India

o South Korea

o Rest of Asia-Pacific

CHAPTER 1: INTRODUCTION

1.1. Report description

1.2. Key benefits for stakeholders

1.3. Key market segments

1.4. Research methodology

1.4.1. Primary research

1.4.2. Secondary research

1.4.3. Analyst tools and models

CHAPTER 2: EXECUTIVE SUMMARY

2.1. Key findings

2.1.1. Top impacting factors

2.1.2. Top investment pockets

2.2. CXO perspective

CHAPTER 3: MARKET OVERVIEW

3.1. Market definition and scope

3.2. Key forces shaping torque sensor market

3.3. Market dynamics

3.3.1. Drivers

3.3.1.1. Rise in demand for high performance vehicles

3.3.1.2. Increase in penetration of EPS in passenger vehicles

3.3.1.3. Surge in demand of new torque measurement technologies

3.3.2. Restraint

3.3.2.1. High installation cost

3.3.3. Opportunity

3.3.3.1. Emerging application of torque sensor in the healthcare vertical

3.3.3.2. Evolution the use of torque sensor in the industrial applications

CHAPTER 4: TORQUE SENSOR MARKET, BY TYPE

4.1. Overview

4.2. Dynamic torque sensor

4.2.1. Rotary torque sensor

4.2.2. Non-contacting torque sensor

4.2.3. Key market trends, growth factors, and opportunities

4.2.4. Market size and forecast, by region

4.2.5. Market analysis, by country

4.3. Static torque sensor

4.3.1. Key market trends, growth factors, and opportunities

4.3.2. Market size and forecast, by region

4.3.3. Market analysis, by country

CHAPTER 5: TORQUE SENSOR MARKET, BY APPLICATION

5.1. Overview

5.2. Automotive

5.2.1. Key market trends, growth factors, and opportunities

5.2.2. Market size and forecast, by region

5.2.3. Market analysis, by country

5.3. Industrial

5.3.1. Key market trends, growth factors, and opportunities

5.3.2. Market size and forecast, by region

5.3.3. Market analysis, by country

5.4. Aerospace & defense

5.4.1. Key market trends, growth factors, and opportunities

5.4.2. Market size and forecast, by region

5.4.3. Market analysis, by country

5.5. Healthcare

5.5.1. Key market trends, growth factors, and opportunities

5.5.2. Market analysis, by region

5.5.3. Market analysis, by country

5.6. Others

5.6.1. Key market trends, growth factors, and opportunities

5.6.2. Market analysis, by region

5.6.3. Market analysis, by country

CHAPTER 6: TORQUE SENSOR MARKET, BY REGION

6.1. Overview

6.2. North America

6.2.1. Key market trends, growth factors, and opportunities

Market size and forecast, by type

6.2.2. Market size and forecast, by application

6.2.3. Market analysis, by country

6.2.3.1. U.S.

6.2.3.1.1. Market size and forecast, by type

6.2.3.1.2. Market size and forecast, by application

6.2.3.2. Canada

6.2.3.2.1. Market size and forecast, by type

6.2.3.2.2. Market size and forecast, by application

6.2.3.3. Mexico

6.2.3.3.1. Market size and forecast, by type

6.2.3.3.2. Market size and forecast, by application

6.3. Europe

6.3.1. Key market trends, growth factors, and opportunities

6.3.2. Market size and forecast, by type

6.3.3. Market size and forecast, by application

6.3.4. Market analysis, by country

6.3.4.1. Germany

6.3.4.1.1. Market size and forecast, by type

6.3.4.1.2. Market size and forecast, by application

6.3.4.2. France

6.3.4.2.1. Market size and forecast, by type

6.3.4.2.2. Market size and forecast, by application

6.3.4.3. Italy

6.3.4.3.1. Market size and forecast, by type

6.3.4.3.2. Market size and forecast, by application

6.3.4.4. UK

6.3.4.4.1. Market size and forecast, by type

6.3.4.4.2. Market size and forecast, by application

6.3.4.5. Rest of Europe

6.3.4.5.1. Market size and forecast, by type

6.3.4.5.2. Market size and forecast, by application

6.4. Asia-Pacific

6.4.1. Key market trends, growth factors, and opportunities

6.4.2. Market size and forecast, by type

6.4.3. Market size and forecast, by application

6.4.4. Market analysis, by country

6.4.4.1. Japan

6.4.4.1.1. Market size and forecast, by type

6.4.4.1.2. Market size and forecast, by application

6.4.4.2. China

6.4.4.2.1. Market size and forecast, by type

6.4.4.2.2. Market size and forecast, by application

6.4.4.3. India

6.4.4.3.1. Market size and forecast, by type

6.4.4.3.2. Market size and forecast, by application

6.4.4.4. South Korea

6.4.4.4.1. Market size and forecast, by type

6.4.4.4.2. Market size and forecast, by application

6.4.4.5. Rest of Asia-Pacific

6.4.4.5.1. Market size and forecast, by type

6.4.4.5.2. Market size and forecast, by application

6.5. LAMEA

6.5.1. Key market trends, growth factors, and opportunities

6.5.2. Market size and forecast, by type

6.5.3. Market size and forecast, by application

6.5.4. Market analysis, by country

6.5.4.1. Latin America

6.5.4.1.1. Market size and forecast, by type

6.5.4.1.2. Market size and forecast, by application

6.5.4.2. Middle East

6.5.4.2.1. Market size and forecast, by type

6.5.4.2.2. Market size and forecast, by application

6.5.4.3. Africa

6.5.4.3.1. Market size and forecast, by type

6.5.4.3.2. Market size and forecast, by application

CHAPTER 7: COMPETITIVE LANDSCAPE

7.1. INTRODUCTION

7.2. TOP WINNING STRATEGIES

7.2.1. Top winning strategies, by year

7.2.2. Top winning strategies, by development

7.2.3. Top winning strategies, by company

7.3. PRODUCT MAPPING OF TOP 10 PLAYER

7.4. COMPETITIVE DASHBOARD

7.5. COMPETITIVE HEATMAP

CHAPTER 8: COMPANY PROFILES

8.1. ABB Ltd.

8.1.1. Company overview

8.1.2. Company snapshot

8.1.3. Operating business segments

8.1.4. Product portfolio

8.1.5. R&D Expenditure

8.1.6. Business performance

8.2. Honeywell International Inc.

8.2.1. Company overview

8.2.2. Company snapshot

8.2.3. Operating business segments

8.2.4. Product portfolio

8.2.5. R&D Expenditure

8.2.6. Business performance

8.3. Crane Electronics

8.3.1. Company overview

8.3.2. Company snapshot

8.3.3. Product portfolio

8.3.4. Key strategic moves and developments

8.4. Datum Electronics

8.4.1. Company overview

8.4.3. Product portfolio

8.4.4. Key strategic moves and developments

8.5. Futek Advanced Sensor Technology Inc.

8.5.1. Company overview

8.5.2. Company snapshot

8.5.3. Product portfolio

8.5.4. Key strategic moves and developments

8.6. HBM

8.6.1. Company overview

8.6.2. Company snapshot

8.6.4. Product portfolio

8.7. Kistler Group

8.7.1. Company overview

8.7.2. Company snapshot

8.7.3. Product portfolio

8.7.4. Key strategic moves and developments

8.8. PCB Piezotronics

8.8.1. Company overview

8.8.2. Company snapshot

8.8.3. Key strategic moves and developments

8.9. Infineon Technologies

8.9.1. Company overview

8.9.2. Company snapshot

8.9.3. Operating business segments

8.9.4. Product portfolio

8.9.5. R&D Expenditure

8.9.6. Business performance

8.10. Sensor Technology

8.10.1. Company overview

8.10.2. Company snapshot

8.10.3. Product portfolio

8.10.4. Key strategic moves and developments

LIST OF TABLES

TABLE 01. GLOBAL TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018-2026 ($MILLION)

TABLE 02. DYNAMIC TORQUE SENSOR MARKET REVENUE, BY REGION 2018-2026 ($MILLION)

TABLE 03. STATIC TORQUE SENSOR MARKET REVENUE, BY REGION 2018-2026 ($MILLION)

TABLE 04. GLOBAL TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018-2026($MILLION)

TABLE 05. AUTOMOTIVE TORQUE SENSOR MARKET REVENUE, BY REGION 2018-2026 ($MILLION)

TABLE 06. INDUSTRIAL TORQUE SENSOR MARKET REVENUE, BY REGION 2018-2026 ($MILLION)

TABLE 07. AEROSPACE & DEFENSE TORQUE SENSOR MARKET REVENUE, BY REGION 2018-2026 ($MILLION)

TABLE 08. HEALTHCARE TORQUE SENSOR MARKET REVENUE, BY REGION 2018-2026 ($MILLION)

TABLE 09. OTHERS TORQUE SENSOR MARKET REVENUE, BY REGION 2018-2026 ($MILLION)

TABLE 10. GLOBAL TORQUE SENSOR MARKET REVENUE, BY REGION, 2018–2026 ($MILLION)

TABLE 11. NORTH AMERICA TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 12. NORTH AMERICA TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 13. NORTH AMERICA TORQUE SENSOR MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)

TABLE 14. U.S. TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 15. U.S. TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 16. CANADA TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 17. CANADA TORQUE SENSOR MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 18. MEXICO TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 19. MEXICO TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 20. EUROPE TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 21. EUROPE TORQUE SENSOR MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 22. EUROPE TORQUE SENSOR MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)

TABLE 23. GERMANY TORQUE SENSOR MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 24. GERMANY TORQUE SENSOR MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 25. FRANCE TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 26. FRANCE TORQUE SEBSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 27. ITALY TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 28. ITALY TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 29. UK TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 30. UK TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 31. REST OF EUROPE TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 32. REST OF EUROPE TORQUE SENSOR MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 33. ASIA-PACIFIC TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 34. ASIA-PACIFIC TORQUE SENSOR MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 35. ASIA PACIFIC TORQUE SENSOR MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)

TABLE 36. JAPAN TORQUE SENSOR MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 37. JAPAN TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 38. CHINA TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 39. CHINA TORQUE SENSOR MARKET REVUNUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 40. INDIA TORQUE SENSOR MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 41. INDIA TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 42. SOUTH KOREA TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 43. SOUTH KOREA TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 44. REST OF ASIA-PACIFIC TOTRQUE SENSOR MARKET, BY TYPE, 2018–2026 ($MILLION)

TABLE 45. REST OF ASIA-PACIFIC TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 46. LAMEA TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 47. LAMEA TORQUE SENSOR MARKET, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 48. LAMEA TORQUE SENSOR MARKET REVENUE, BY COUNTRY, 2018–2026 ($MILLION)

TABLE 49. LATIN AMERICA TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 50. LATIN AMERICA TORQUER SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 51. MIDDLE EAST TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 52. MIDDLE EAST TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 53. AFRICA TORQUE SENSOR MARKET REVENUE, BY TYPE, 2018–2026 ($MILLION)

TABLE 54. AFRICA TORQUE SENSOR MARKET REVENUE, BY APPLICATION, 2018–2026 ($MILLION)

TABLE 55. ABB LTD.: COMPANY SNAPSHOT

TABLE 56. ABB LTD.: OPERATING SEGMENTS

TABLE 57. ABB LTD: PRODUCT PORTFOLIO

TABLE 58. R&D EXPENDITURE, 2016–2018 ($MILLION)

TABLE 59. HONEYWELL INTERNATIONAL INC: COMPANY SNAPSHOT

TABLE 60. HONEYWELL INTERNATIONAL INC.: OPERATING SEGMENTS

TABLE 61. HONEYWELL INTERNATIONAL INC.: PRODUCT PORTFOLIO

TABLE 62. CRANE ELECTRONICS.: COMPANY SNAPSHOT

TABLE 63. CRANE ELECTRONICS.: PRODUCT PORTFOLIO

TABLE 64. DATUM ELECTRONICS: COMPANY SNAPSHOT

TABLE 65. DATUM ELECTRONICS: PRODUCT PORTFOLIO

TABLE 66. FUTEK ADVANCED SENSOR TECHNOLOGY INC.: COMPANY SNAPSHOT

TABLE 67. FUTEK ADVANCED SENSOR TECHNOLOGY INC.: PRODUCT PORTFOLIO

TABLE 68. HBM: COMPANY SNAPSHOT

TABLE 69. HBM: PRODUCT PORTFOLIO

TABLE 70. KISTLER GROUP: COMPANY SNAPSHOT

TABLE 71. KISTLER GROUP: PRODUCT PORTFOLIO

TABLE 72. PCB PIEZOTRONICS: COMPANY SNAPSHOT

TABLE 73. INFINEON TECHNOLOGIES AG: COMPANY SNAPSHOT

TABLE 74. INFINEON TECHNOLOGIES: OPERATING SEGMENTS

TABLE 75. INFINEON TECHNOLOGIES: PRODUCT PORTFOLIO

TABLE 76. SOUTHWIRE COMPANY, LLC: COMPANY SNAPSHOT

TABLE 77. SOUTHWIRE COMPANY, LLC: PRODUCT PORTFOLIO

 
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