Rotating Torque Sensors Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

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.

 

 

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

 

1. What was the Rotating Torque Sensors Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Rotating Torque Sensors Market during the forecast period (2022-2028)?
3. 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).
4. Which manufacturer/vendor/players in the Rotating Torque Sensors Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.