The rotating torque sensor market was valued at US$6.73 billion in 2022 and is expected to reach US$11.63 billion in 2028, reaching a CAGR of 10% over the period 2022-2028. The outbreak of Covid-19 has significantly disrupted the global supply chain and the demand for several products. A torque sensor is a device used to measure the torque of a rotating system, such as an electric motor, motor, gearbox, gear shift, etc. Torque measurement and monitoring are important parameters for all machines and motors.
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Company Profile
- ABB Ltd.
- ATI Industrial Automation, Inc.
- FUTEK Advanced Sensor Technology, Inc.
- Interface Inc.
- Honeywell International Inc.
- Crane Electronics Ltd.
Market Segmentation
By Type
- Rotary Sensors
- Reaction Sensors
- Super Acoustic Wave (SAW) Sensor
- Magnetoelastic Sensors
- Optical Sensor
By Application
- Test & Measurement
- Automotive
- Industrial
- Aerospace & Defense
Scope of the Report
The research study analyzes the Rotating Torque Sensors Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Rotating Torque Sensors Market Report
- What was the Rotating Torque Sensors Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Rotating Torque Sensors Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Rotating Torque Sensors Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Rotating Torque Sensors market.
- The market share of the Rotating Torque Sensors market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Rotating Torque Sensors market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Rotating Torque Sensors market.
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