Table of Content

1 INTRODUCTION 22
1.1 STUDY OBJECTIVES 22
1.2 MARKET DEFINITION AND SCOPE 22
1.2.1 INCLUSIONS AND EXCLUSIONS 23
1.3 STUDY SCOPE 23
FIGURE 1 SEGMENTATION OF TORQUE SENSOR MARKET 23
1.3.1 YEARS CONSIDERED 24
1.4 CURRENCY & PRICING 24
1.5 STAKEHOLDERS 24
2 RESEARCH METHODOLOGY 25
2.1 RESEARCH DATA 25
FIGURE 2 RESEARCH FLOW 25
FIGURE 3 TORQUE SENSOR MARKET: RESEARCH DESIGN 26
2.1.1 SECONDARY DATA 27
2.1.1.1 Key data from secondary sources 27
2.1.2 PRIMARY DATA 28
2.1.2.1 Primary sources 28
2.1.2.2 Key industry insights 29
2.1.2.3 Breakdown of primary interviews 29
2.2 MARKET SIZE ESTIMATION 30
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: (SUPPLY SIDE) ?
REVENUE GENERATED BY COMPANIES IN TORQUE SENSOR MARKET 30
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE) – IDENTIFICATION OF REVENUES GENERATED BY COMPANIES FROM
TORQUE SENSOR MARKET 31
2.2.1 BOTTOM-UP APPROACH 31
2.2.1.1 Approach to arrive at market size using bottom-up analysis
(demand side) 31
FIGURE 6 BOTTOM-UP APPROACH 32
2.2.2 TOP-DOWN APPROACH 32
FIGURE 7 TOP-DOWN APPROACH 32
2.3 DATA TRIANGULATION 33
FIGURE 8 DATA TRIANGULATION 33
2.4 ASSUMPTIONS 34
3 EXECUTIVE SUMMARY 35
FIGURE 9 ROTARY TORQUE SENSORS SEGMENT TO ACCOUNT FOR
LARGER SIZE OF TORQUE SENSOR MARKET IN 2021 35
FIGURE 10 STRAIN GAUGE TECHNOLOGY SEGMENT TO DOMINATE TORQUE SENSOR MARKET DURING FORECAST PERIOD 36
FIGURE 11 AUTOMOTIVE APPLICATION TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD 36
FIGURE 12 APAC TO HOLD LARGEST SHARE OF TORQUE SENSOR MARKET IN 2021 37
4 PREMIUM INSIGHTS 39
4.1 ATTRACTIVE MARKET OPPORTUNITIES IN TORQUE SENSOR MARKET 39
FIGURE 13 INCREASING DEPLOYMENT OF TORQUE SENSORS IN AUTOMOTIVE APPLICATIONS IS DRIVING GROWTH OF TORQUE SENSOR MARKET 39
4.2 TORQUE SENSOR MARKET FOR NONCONTACT-BASED SENSORS, BY TYPE 40
FIGURE 14 NONCONTACT-BASED SENSOR MARKET FOR ROTARY TORQUE SENSORS TO REGISTER HIGHER CAGR DURING FORECAST PERIOD 40
4.3 TORQUE SENSOR MARKET, BY TECHNOLOGY 40
FIGURE 15 STRAIN GAUGE TECHNOLOGY SEGMENT TO HOLD LARGEST SHARE OF TORQUE SENSOR MARKET IN 2021 40
4.4 TORQUE SENSOR MARKET IN APAC, BY APPLICATION & COUNTRY 41
FIGURE 16 AUTOMOTIVE APPLICATION AND CHINA TO HOLD LARGEST SHARES OF TORQUE SENSOR MARKET IN APAC IN 2021 41
4.5 TORQUE SENSOR MARKET, BY APPLICATION 41
FIGURE 17 AUTOMOTIVE APPLICATION TO REGISTER HIGHEST CAGR
DURING FORECAST PERIOD 41
5 MARKET OVERVIEW 42
5.1 INTRODUCTION 42
5.2 MARKET DYNAMICS 43
FIGURE 18 IMPACT OF DRIVERS AND OPPORTUNITIES ON TORQUE SENSOR MARKET 43
FIGURE 19 IMPACT OF RESTRAINTS AND CHALLENGES ON TORQUE SENSOR MARKET 44
5.2.1 DRIVERS 44
5.2.1.1 Increasing demand for advanced high-performance vehicles 44
5.2.1.2 Growing importance of torque measurement 45
5.2.1.3 Increasing application of torque sensors for electric power steering (EPS) systems 45
5.2.2 RESTRAINTS 45
5.2.2.1 Low reliability of available torque sensors in high-end applications 45
5.2.3 OPPORTUNITIES 45
5.2.3.1 Evolution of new torque measurement technologies 45
5.2.3.2 Increase in use of torque sensors in robotics 46
5.2.4 CHALLENGES 46
5.2.4.1 Diversity of applications of torque sensors 46
5.2.4.2 Decline in demand in automotive industry?impact of COVID-19 46
FIGURE 20 GLOBAL VEHICLE PRODUCTION DATA FOR Q1, Q2, AND Q3 IN 2019 AND 2020 47
5.3 TORQUE SENSORS: VALUE CHAIN ANALYSIS 47
FIGURE 21 VALUE CHAIN ANALYSIS OF TORQUE SENSOR MARKET 47
6 TORQUE SENSOR MARKET, BY TYPE 49
6.1 INTRODUCTION 50
FIGURE 22 ROTARY TORQUE SENSORS SEGMENT TO REGISTER HIGHER CAGR
DURING FORECAST PERIOD 50
TABLE 1 TORQUE SENSOR MARKET, BY TYPE, 2017–2020 (USD MILLION) 50
TABLE 2 TORQUE SENSOR MARKET, BY TYPE, 2021–2026 (USD MILLION) 50
6.2 ROTARY TORQUE SENSORS 51
TABLE 3 ROTARY TORQUE SENSOR MARKET, BY SENSING PROCESS,
2017–2020 (USD MILLION) 51
TABLE 4 ROTARY TORQUE SENSOR MARKET, BY SENSING PROCESS,
2021–2026 (USD MILLION) 51
6.2.1 CONTACT-BASED SENSING 52
6.2.1.1 High adoption of contact-based sensing rotary torque sensors in industrial applications 52
6.2.2 NONCONTACT-BASED SENSING 52
6.2.2.1 Increasing demand for noncontact-based sensing rotary torque sensors in automotive applications 52
6.3 REACTION TORQUE SENSORS 52
6.4 COVID-19 IMPACT ON TYPES OF TORQUE SENSOR MARKETS 52
7 TORQUE SENSOR MARKET, BY TECHNOLOGY 53
7.1 INTRODUCTION 54
TABLE 5 TORQUE SENSOR MARKET, BY TECHNOLOGY, 2017–2020 (USD MILLION) 54
FIGURE 23 STRAIN GAUGE SEGMENT TO HOLD LARGEST SHARE
DURING FORECAST PERIOD 54
TABLE 6 TORQUE SENSOR MARKET, BY TECHNOLOGY, 2021–2026 (USD MILLION) 54
TABLE 7 TORQUE SENSOR MARKET FOR AUTOMOTIVE APPLICATION, BY TECHNOLOGY, 2017–2020 (USD MILLION) 55
TABLE 8 TORQUE SENSOR MARKET FOR AUTOMOTIVE APPLICATION, BY TECHNOLOGY, 2021–2026 (USD MILLION) 55
TABLE 9 TORQUE SENSOR MARKET FOR INDUSTRIAL APPLICATION, BY TECHNOLOGY, 2017–2020 (USD MILLION) 55
TABLE 10 TORQUE SENSOR MARKET FOR INDUSTRIAL APPLICATION, BY TECHNOLOGY, 2021–2026 (USD MILLION) 56
TABLE 11 TORQUE SENSOR MARKET FOR TEST & MEASUREMENT APPLICATION,
BY TECHNOLOGY, 2017–2020 (USD MILLION) 56
TABLE 12 TORQUE SENSOR MARKET FOR TEST & MEASUREMENT APPLICATION,
BY TECHNOLOGY, 2021–2026 (USD MILLION) 56
TABLE 13 TORQUE SENSOR MARKET FOR AEROSPACE & DEFENSE APPLICATION,
BY TECHNOLOGY, 2017–2020 (USD MILLION) 57
TABLE 14 TORQUE SENSOR MARKET FOR AEROSPACE & DEFENSE APPLICATION,
BY TECHNOLOGY, 2021–2026 (USD MILLION) 57
TABLE 15 TORQUE SENSOR MARKET FOR OTHER APPLICATIONS, BY TECHNOLOGY, 2017–2020 (USD MILLION) 57
TABLE 16 TORQUE SENSOR MARKET FOR OTHER APPLICATIONS, BY TECHNOLOGY, 2021–2026 (USD MILLION) 58
7.2 STRAIN GAUGE 58
7.2.1 HIGH PRECISION MEASUREMENT TASKS HAVE INCREASED DEMAND FOR STARIN GAUGE TECHNOLOGY IN TORQUE SENSORS 58
TABLE 17 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY,
BY APPLICATION, 2017–2020 (USD MILLION) 58
FIGURE 24 AUTOMOTIVE APPLICATION TO HOLD LARGEST SHARE OF STRAIN GAUGE SENSORS MARKET BY 2026 59
TABLE 18 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY,
BY APPLICATION, 2021–2026 (USD MILLION) 59
7.3 MAGNETOELASTIC 59
7.3.1 AUTOMOTIVE IS MAJOR APPLICATION AREA FOR
MAGNETOELASTIC TECHNOLOGY 59
TABLE 19 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY,
BY APPLICATION, 2017–2020 (USD MILLION) 60
TABLE 20 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY,
BY APPLICATION, 2021–2026 (USD MILLION) 60
7.4 OPTICAL 60
7.4.1 OPTICAL TECHNOLOGY TO BE FAST-GROWING SEGMENT IN MARKET 60
TABLE 21 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY, BY APPLICATION, 2017–2020 (USD MILLION) 61
FIGURE 25 MARKET FOR OPTICAL SENSORS IN INDUSTRIAL APPLICATION TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 61
TABLE 22 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY, BY APPLICATION, 2021–2026 (USD MILLION) 61
7.5 SURFACE ACOUSTIC WAVE 62
7.5.1 BENEFITS SUCH AS HIGH STABILITY AND HIGH SENSITIVITY ARE
DRIVING ADOPTION OF SURFACE ACOUSTIC WAVE TECHNOLOGY IN
TORQUE SENSING PROCESS 62
TABLE 23 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY, BY APPLICATION,
2017–2020 (USD MILLION) 62
TABLE 24 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY, BY APPLICATION,
2021–2026 (USD MILLION) 62
8 TORQUE SENSOR MARKET, BY APPLICATION 64
8.1 INTRODUCTION 65
TABLE 25 TORQUE SENSOR MARKET, BY APPLICATION, 2017–2020 (USD MILLION) 65
FIGURE 26 AUTOMOTIVE APPLICATION TO HOLD LARGEST MARKET SHARE
DURING FORECAST PERIOD 65
TABLE 26 TORQUE SENSOR MARKET, BY APPLICATION, 2021–2026 (USD MILLION) 66
TABLE 27 ROTARY TORQUE SENSOR MARKET, BY APPLICATION,
2017–2020 (USD MILLION) 66
TABLE 28 ROTARY TORQUE SENSOR MARKET, BY APPLICATION,
2021–2026 (USD MILLION) 66
TABLE 29 REACTION TORQUE SENSOR MARKET, BY APPLICATION,
2017–2020 (USD MILLION) 67
TABLE 30 REACTION TORQUE SENSOR MARKET, BY APPLICATION,
2021–2026 (USD MILLION) 67
?
8.2 AUTOMOTIVE 68
8.2.1 AUTOMOTIVE APPLICATION SEGMENT TO HOLD MAXIMUM SHARE OF TORQUE SENSOR MARKET 68
TABLE 31 TORQUE SENSOR MARKET FOR AUTOMOTIVE APPLICATION, BY TYPE,
2017–2020 (USD MILLION) 68
FIGURE 27 MARKET FOR ROTARY TORQUE SENSORS IN AUTOMOTIVE APPLICATION TO HOLD LARGER SHARE DURING FORECAST PERIOD 68
TABLE 32 TORQUE SENSOR MARKET FOR AUTOMOTIVE APPLICATION, BY TYPE,
2021–2026 (USD MILLION) 69
8.3 TEST & MEASUREMENT 69
8.3.1 TEST AND MEASUREMENT APPLICATION COVERS ANALYSIS, VALIDATION, AND VERIFICATION OF MECHANICAL AND ELECTRONIC SYSTEMS 69
TABLE 33 TORQUE SENSOR MARKET FOR TEST & MEASUREMENT APPLICATION,
BY TYPE, 2017–2020 (USD MILLION) 69
TABLE 34 TORQUE SENSOR MARKET FOR TEST & MEASUREMENT APPLICATION,
BY TYPE, 2021–2026 (USD MILLION) 70
8.4 INDUSTRIAL 70
8.4.1 HIGH IMPORTANCE OF TORQUE MEASUREMENT DURING MANUFACTURING PROCESS TO DRIVE MARKET GROWTH 70
TABLE 35 TORQUE SENSOR MARKET FOR INDUSTRIAL APPLICATION, BY TYPE,
2017–2020 (USD MILLION) 70
FIGURE 28 MARKET FOR ROTARY TORQUE SENSORS IN INDUSTRIAL APPLICATION TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 71
TABLE 36 TORQUE SENSOR MARKET FOR INDUSTRIAL APPLICATION, BY TYPE,
2021–2026 (USD MILLION) 71
8.5 AEROSPACE & DEFENSE 72
8.5.1 GROWING USE OF TORQUE SENSORS IN CIVIL AND MILITARY AVIATION,
AS WELL AS GOVERNMENTAL AND PRIVATE SPACEFLIGHT PROGRAMS 72
TABLE 37 TORQUE SENSOR MARKET FOR AEROSPACE & DEFENSE APPLICATION,
BY TYPE, 2017–2020 (USD MILLION) 72
TABLE 38 TORQUE SENSOR MARKET FOR AEROSPACE & DEFENSE, BY TYPE,
2021–2026 (USD MILLION) 72
8.6 OTHERS 73
8.6.1 ROTARY TORQUE SENSORS ARE USED IN POULTRY FEEDERS TO
MONITOR TORQUE OF MOTOR 73
TABLE 39 TORQUE SENSOR MARKET FOR OTHER APPLICATIONS, BY TYPE,
2017–2020 (USD MILLION) 73
TABLE 40 TORQUE SENSOR MARKET FOR OTHER APPLICATIONS, BY TYPE,
2021–2026 (USD MILLION) 73
8.7 COVID-19 IMPACT ON DIFFERENT APPLICATION AREAS OF TORQUE SENSORS 74
9 GEOGRAPHIC ANALYSIS OF TORQUE SENSOR MARKET 75
9.1 INTRODUCTION 76
FIGURE 29 CHINA TO WITNESS HIGHEST GROWTH IN TORQUE SENSOR MARKET
DURING FORECAST PERIOD 76
TABLE 41 TORQUE SENSOR MARKET, BY REGION, 2017–2020 (USD MILLION) 76
TABLE 42 TORQUE SENSOR MARKET, BY REGION, 2021–2026 (USD MILLION) 77
TABLE 43 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION) 77
TABLE 44 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION) 77
TABLE 45 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY FOR AUTOMOTIVE APPLICATION, BY REGION, 2017–2020 (USD MILLION) 78
TABLE 46 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY FOR AUTOMOTIVE APPLICATION, BY REGION, 2021–2026 (USD MILLION) 78
TABLE 47 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY FOR TEST & MEASUREMENT APPLICATION, BY REGION, 2017–2020 (USD MILLION) 78
TABLE 48 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY FOR TEST & MEASUREMENT APPLICATION, BY REGION, 2021–2026 (USD MILLION) 79
TABLE 49 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY FOR INDUSTRIAL APPLICATION, BY REGION, 2017–2020 (USD MILLION) 79
TABLE 50 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY FOR INDUSTRIAL APPLICATION, BY REGION, 2021–2026 (USD MILLION) 79
TABLE 51 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY
FOR AEROSPACE & DEFENSE APPLICATION, BY REGION,
2017–2020 (USD MILLION) 80
TABLE 52 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY
FOR AEROSPACE & DEFENSE APPLICATION, BY REGION,
2021–2026 (USD MILLION) 80
TABLE 53 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY FOR OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION) 80
TABLE 54 TORQUE SENSOR MARKET FOR STRAIN GAUGE TECHNOLOGY FOR OTHER APPLICATIONS, BY REGION, 2021–2026 (USD MILLION) 81
TABLE 55 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY, BY REGION, 2017–2020 (USD MILLION) 81
TABLE 56 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY, BY REGION, 2021–2026 (USD MILLION) 81
TABLE 57 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY FOR AUTOMOTIVE APPLICATION, BY REGION, 2017–2020 (USD MILLION) 82
TABLE 58 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY FOR AUTOMOTIVE APPLICATION, BY REGION, 2021–2026 (USD MILLION) 82
TABLE 59 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY FOR TEST & MEASUREMENT APPLICATION, BY REGION, 2017–2020 (USD MILLION) 82
TABLE 60 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY FOR TEST & MEASUREMENT APPLICATION, BY REGION, 2021–2026 (USD MILLION) 83
TABLE 61 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY FOR INDUSTRIAL APPLICATION, BY REGION, 2017–2020 (USD MILLION) 83
TABLE 62 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY FOR INDUSTRIAL APPLICATION, BY REGION, 2021–2026 (USD MILLION) 83
TABLE 63 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY
FOR AEROSPACE & DEFENSE APPLICATION, BY REGION,
2017–2020 (USD MILLION) 84
TABLE 64 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY
FOR AEROSPACE & DEFENSE APPLICATION, BY REGION,
2021–2026 (USD MILLION) 84
TABLE 65 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY FOR OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION) 84
TABLE 66 TORQUE SENSOR MARKET FOR MAGNETOELASTIC TECHNOLOGY FOR OTHER APPLICATIONS, BY REGION, 2021–2026 (USD MILLION) 85
TABLE 67 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY, BY REGION,
2017–2020 (USD MILLION) 85
TABLE 68 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY, BY REGION,
2021–2026 (USD MILLION) 85
TABLE 69 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR AUTOMOTIVE APPLICATION, BY REGION, 2017–2020 (USD MILLION) 86
TABLE 70 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR AUTOMOTIVE APPLICATION, BY REGION, 2021–2026 (USD MILLION) 86
TABLE 71 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR TEST & MEASUREMENT APPLICATION, BY REGION, 2017–2020 (USD MILLION) 86
TABLE 72 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR TEST & MEASUREMENT APPLICATION, BY REGION, 2021–2026 (USD MILLION) 87
TABLE 73 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR INDUSTRIAL APPLICATION, BY REGION, 2017–2020 (USD MILLION) 87
TABLE 74 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR INDUSTRIAL APPLICATION, BY REGION, 2021–2026 (USD MILLION) 87
TABLE 75 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR AEROSPACE & DEFENSE APPLICATION, BY REGION, 2017–2020 (USD MILLION) 88
TABLE 76 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR AEROSPACE & DEFENSE APPLICATION, BY REGION, 2021–2026 (USD MILLION) 88
TABLE 77 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION) 88
TABLE 78 TORQUE SENSOR MARKET FOR OPTICAL TECHNOLOGY FOR OTHER APPLICATIONS, BY REGION, 2021–2026 (USD MILLION) 89
TABLE 79 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY, BY REGION,
2017–2020 (USD MILLION) 89
TABLE 80 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY, BY REGION,
2021–2026 (USD MILLION) 89
TABLE 81 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY FOR AUTOMOTIVE APPLICATION, BY REGION, 2017–2020 (USD MILLION) 90
TABLE 82 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY FOR AUTOMOTIVE APPLICATION, BY REGION, 2021–2026 (USD MILLION) 90
TABLE 83 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY FOR TEST & MEASUREMENT APPLICATION, BY REGION, 2017–2020 (USD MILLION) 90
TABLE 84 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY TEST & MEASUREMENT APPLICATION, BY REGION, 2021–2026 (USD MILLION) 91
TABLE 85 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY FOR INDUSTRIAL APPLICATION, BY REGION, 2017–2020 (USD MILLION) 91
TABLE 86 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY FOR INDUSTRIAL APPLICATION, BY REGION, 2021–2026 (USD MILLION) 91
TABLE 87 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY FOR AEROSPACE & DEFENSE APPLICATION, BY REGION, 2017–2020 (USD MILLION) 92
TABLE 88 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY FOR AEROSPACE & DEFENSE APPLICATION, BY REGION, 2021–2026 (USD MILLION) 92
TABLE 89 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY FOR OTHER APPLICATIONS, BY REGION, 2017–2020 (USD MILLION) 92
TABLE 90 TORQUE SENSOR MARKET FOR SAW TECHNOLOGY FOR OTHER APPLICATIONS, BY REGION, 2021–2026 (USD MILLION) 93
9.2 NORTH AMERICA 94
FIGURE 30 NORTH AMERICA: TORQUE SENSOR MARKET SNAPSHOT 94
TABLE 91 TORQUE SENSOR MARKET IN NORTH AMERICA, BY APPLICATION,
2017–2020 (USD MILLION) 95
TABLE 92 TORQUE SENSOR MARKET IN NORTH AMERICA, BY APPLICATION,
2021–2026 (USD MILLION) 95
TABLE 93 TORQUE SENSOR MARKET IN NORTH AMERICA, BY COUNTRY,
2017–2020 (USD MILLION) 95
TABLE 94 TORQUE SENSOR MARKET IN NORTH AMERICA, BY COUNTRY,
2021–2026 (USD MILLION) 96
9.2.1 US 96
9.2.1.1 Increasing demand for low-cost sensor to boost growth of
torque sensor market in US 96
9.2.2 CANADA 96
9.2.2.1 Industrial and automotive application are driving growth of
torque sensor market in Canada 96
9.2.3 MEXICO 96
9.2.3.1 Expanding automotive industry is driving growth of
torque sensor market 96
9.3 EUROPE 97
FIGURE 31 EUROPE: TORQUE SENSOR MARKET SNAPSHOT 97
TABLE 95 TORQUE SENSOR MARKET IN EUROPE, BY APPLICATION,
2017–2020 (USD MILLION) 98
TABLE 96 TORQUE SENSOR MARKET IN EUROPE, BY APPLICATION,
2021–2026 (USD MILLION) 98
TABLE 97 TORQUE SENSOR MARKET IN EUROPE, BY COUNTRY,
2017–2020 (USD MILLION) 98
TABLE 98 TORQUE SENSOR MARKET IN EUROPE, BY COUNTRY,
2021–2026 (USD MILLION) 99
9.3.1 GERMANY 99
9.3.1.1 Germany is expected to hold largest share of torque sensor
market in Europe 99
9.3.2 UK 99
9.3.2.1 Expanding automotive industry is driving growth of
torque sensor market in UK 99
9.3.3 FRANCE 99
9.3.3.1 Growing adoption of torque sensors in drive assistance systems to boost market growth in France 99
9.3.4 SPAIN 100
9.3.4.1 Torque sensor market in Spain to grow at a slower pace as compared to other European countries 100
9.3.5 REST OF EUROPE 100
9.4 ASIA PACIFIC 101
FIGURE 32 APAC: TORQUE SENSOR MARKET SNAPSHOT 101
TABLE 99 TORQUE SENSOR MARKET IN APAC, BY APPLICATION,
2017–2020 (USD MILLION) 102
TABLE 100 TORQUE SENSOR MARKET IN APAC, BY APPLICATION,
2021–2026 (USD MILLION) 102
TABLE 101 TORQUE SENSOR MARKET IN APAC, BY COUNTRY,
2017–2020 (USD MILLION) 102
TABLE 102 TORQUE SENSOR MARKET IN APAC, BY COUNTRY,
2021–2026 (USD MILLION) 103
9.4.1 CHINA 103
9.4.1.1 China to hold largest share of torque sensor market in APAC 103
9.4.2 JAPAN 103
9.4.2.1 Initiatives taken by government to increase use of intelligent machines are driving growth of torque sensor market 103
9.4.3 SOUTH KOREA 103
9.4.3.1 Torque sensor market in South Korea is dominated by automotive and industrial applications 103
9.4.4 REST OF APAC 104
9.5 REST OF THE WORLD 104
FIGURE 33 SOUTH AMERICA TO DOMINATE ROW MARKET DURING FORECAST PERIOD 104
TABLE 103 TORQUE SENSOR MARKET IN ROW, BY APPLICATION,
2017–2020 (USD MILLION) 104
TABLE 104 TORQUE SENSOR MARKET IN ROW, BY APPLICATION,
2021–2026 (USD MILLION) 105
TABLE 105 TORQUE SENSOR MARKET IN ROW, BY REGION, 2017–2020 (USD MILLION) 105
TABLE 106 TORQUE SENSOR MARKET IN ROW, BY REGION, 2021–2026 (USD MILLION) 105
9.5.1 SOUTH AMERICA 105
9.5.1.1 South America to hold larger share of torque sensor market in RoW 105
9.5.2 MIDDLE EAST AND AFRICA 106
9.5.2.1 Presence of prominent industries to drive growth of
torque sensor market in RoW 106
9.6 COVID-19 IMPACT ON TORQUE SENSOR MARKET IN DIFFERENT REGIONS 106
10 COMPETITIVE LANDSCAPE 107
10.1 OVERVIEW 107
10.2 RANKING ANALYSIS OF PLAYERS IN TORQUE SENSOR MARKET 107
FIGURE 34 RANKING OF KEY PLAYERS IN TORQUE SENSOR MARKET (2020) 107
10.3 COMPANY EVALUATION MATRIX 108
10.3.1 STAR 108
10.3.2 EMERGING LEADER 108
10.3.3 PERVASIVE 108
10.3.4 PARTICIPANT 109
TABLE 107 LIST OF START-UPS IN TORQUE SENSOR MARKET 109
FIGURE 35 COMPANY EVALUATION MATRIX, 2020 110
FIGURE 36 PRODUCT AND BUSINESS FOOTPRINT ANALYSIS OF TOP PLAYERS 111
?
10.4 KEY MARKET DEVELOPMENTS 112
10.4.1 PRODUCT LAUNCHES AND DEVELOPMENTS 112
TABLE 108 PRODUCT LAUNCHES, 2018–2020 112
10.4.2 PARTNERSHIPS AND COLLABORATIONS 112
TABLE 109 PARTNERSHIPS AND CONTRACTS, 2018–2020 112
10.4.3 MERGERS AND ACQUISITIONS 113
TABLE 110 MERGERS AND ACQUISITIONS, 2018–2020 113
10.4.4 EXPANSION 113
TABLE 111 EXPANSION, 2018–2020 113
11 COMPANY PROFILES 114
11.1 INTRODUCTION 114
11.2 KEY PLAYERS 115
(Business Overview, Products Offered, Recent Developments, COVID-19-related Developments, and
MnM View)*
11.2.1 ABB 115
FIGURE 37 ABB: COMPANY SNAPSHOT 115
11.2.2 CRANE ELECTRONICS 118
11.2.3 FUTEK ADVANCED SENSOR TECHNOLOGY 120
11.2.4 HBM 122
11.2.5 APPLIED MEASUREMENTS 125
11.2.6 TELEDYNE TECHNOLOGIES 128
FIGURE 38 TELEDYNE TECHNOLOGIES: COMPANY SNAPSHOT 128
11.2.7 TE CONNECTIVITY 130
FIGURE 39 TE CONNECTIVITY: COMPANY SNAPSHOT 130
11.2.8 HONEYWELL 133
FIGURE 40 HONEYWELL: COMPANY SNAPSHOT 133
11.2.9 INFINEON TECHNOLOGIES 136
FIGURE 41 INFINEON TECHNOLOGIES: COMPANY SNAPSHOT 136
11.2.10 KISTLER HOLDING 139
11.2.11 SENSOR TECHNOLOGY 143
11.2.12 NORBAR TORQUE TOOLS 144
* Business Overview, Products Offered, Recent Developments, COVID-19-related Developments, and MnM View might not be captured in case of unlisted companies.
11.3 OTHER KEY PLAYERS 145
11.3.1 DATUM ELECTRONICS 145
11.3.2 MAGCANICA 145
11.3.3 INTERFACE 146
11.3.4 AIMCO 146
11.3.5 MOUNTZ 147
?
11.3.6 PCB PIEZOTRONICS 147
11.3.7 S. HIMMELSTEIN AND COMPANY 148
11.3.8 TRANSENSE TECHNOLOGIES 148
12 APPENDIX 149
12.1 DISCUSSION GUIDE 149
12.2 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 152
12.3 AVAILABLE CUSTOMIZATIONS 154
12.4 RELATED REPORTS 154
12.5 AUTHOR DETAILS 155