Torque Sensors Market, By Product Type, By Application, By Geography

Description

Global Torque Sensors Market is estimated to be valued at USD 7.07 Bn in 2025 and is expected to reach USD 11.37 Bn by 2032, growing at a compound annual growth rate (CAGR) of 7.0% from 2025 to 2032.

Report Coverage		Report Details
Base Year:	2024	Market Size in 2025:	USD 7.07 Bn
Historical Data for:	2020 To 2024	Forecast Period:	2025 To 2032
Forecast Period 2025 to 2032 CAGR:	7.00%	2032 Value Projection:	USD 11.37 Bn

Figure. Torque Sensors Market Share (%), By Region 2025

Global torque sensors market growth is driven by rising automation across various industrial sectors. Torque sensors play a vital role in enabling precision measurement and control in automated machinery and equipment. These help monitor torque levels in engines, transmissions, and other mechanical systems. The miniaturization of sensors and emergence of non-contact torque sensors variants have further boosted the applications of these devices in new areas. Various technological advancements like improved accuracy and speed have boosted the adoption of torque sensors. The market can witness growth due to increasing industrial automation, expanding automotive production, and rise of electric vehicles worldwide.

Market Dynamics:

Global torque sensors market growth is driven by rising demand from automotive and industrial sectors. Growing automation and prevalence of robotics have increased the need for precision torque measurement devices across various production lines. Increased R&D investments by manufacturers to develop advanced sensor technologies with higher accuracy and speeds can drive the market growth. However, high costs associated with sensor development and manufacturing can hamper the market growth during the forecast period. Growing electric vehicles production worldwide can offer lucrative opportunities for torque sensor vendors as EVs have more number of sensors installed per vehicle compared to conventional vehicles. Rising demand for autonomous heavy-duty vehicles for logistics can offer market growth opportunities.

Key features of the study:

This report provides in-depth analysis of the global torque sensors market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2025-2032), considering 2024 as the base year

It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market

This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players

It profiles key players in the global torque sensors market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies

Key companies covered as a part of this study include ABB Ltd., Applied Measurements Ltd., Crane Electronics Ltd., Datum Electronics Ltd. (Indutrade AB), HBK Benelux (Spectris PLC), Honeywell International Inc., Infineon Technologies AG, Kistler Instrumente AG, MagCanica, Inc., Norbar Torque Tools Ltd., PCB Piezotronics, Inc., TE Connectivity Ltd., Teledyne Technologies, Inc., Transducers Direct, LLC, Wipro Infrastructure Engineering

Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics

Global torque sensors market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts

Detailed Segmentation:

By Product Type
- Rotary Torque Sensors
- Reaction Torque Sensors
By Application
- Automotive
- Test & Measurement
- Industrial
- Aerospace & Defense
- Manufacturing
- Others
By Regional
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Key Players Insights
- ABB Ltd.
- Applied Measurements Ltd.
- Crane Electronics Ltd.
- Datum Electronics Ltd. (Indutrade AB)
- HBK Benelux (Spectris PLC)
- Honeywell International Inc.
- Infineon Technologies AG
- Kistler Instrumente AG
- MagCanica, Inc.
- Norbar Torque Tools Ltd.
- PCB Piezotronics, Inc.
- TE Connectivity Ltd.
- Teledyne Technologies, Inc.
- Transducers Direct, LLC
- Wipro Infrastructure Engineering

Product Code: CMI2303

1. Research Objectives and Assumptions

Research Objectives
Assumptions
Abbreviations

2. Market Purview

Report Description
- Market Definition and Scope
Executive Summary
- Market Snippet, By Product Type
- Market Snippet, By Application
- Market Snippet, By Region
Coherent Opportunity Map (COM)

3. Market Dynamics, Regulations, and Trends Analysis

Market Dynamics
- Drivers
- Restraints
- Market Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New Product Type Launches/Approvals
Impact of COVID-19 Pandemic

4. Global Torque Sensors Market, By Product Type, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
Rotary Torque Sensors
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Bn)
Reaction Torque Sensors
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Bn)

5. Global Torque Sensors Market, By Application, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
- Segment Trends
Automotive
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Bn)
Test & Measurement
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Bn)
Industrial
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Bn)
Aerospace & Defense
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Bn)
Manufacturing
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Bn)
Others
- Introduction
- Market Size and Forecast, 2020-2032, (US$ Bn)

6. Global Torque Sensors Market, By Region, 2020-2032, (US$ Bn)

Introduction
- Market Share Analysis, By Region, 2025 and 2032 (%)
- Y-o-Y Growth Analysis, 2020-2032
North America
- Regional Trends
- Market Size and Forecast, By Product Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, By Application, 2020-2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020-2032, (US$ Bn)
  - U.S.
  - Canada
Europe
- Regional Trends
- Market Size and Forecast, By Product Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, By Application, 2020-2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020-2032, (US$ Bn)Germany
  - U.K.
  - Spain
  - France
  - Italy
  - Russia
  - Rest of Europe
Asia Pacific
- Regional Trends
- Market Size and Forecast, By Product Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, By Application, 2020-2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020-2032, (US$ Bn)China
  - India
  - Japan
  - ASEAN
  - Australia
  - South Korea
  - Rest of Asia Pacific
Latin America
- Regional Trends
- Market Size and Forecast, By Product Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, By Application, 2020-2032, (US$ Bn)
- Market Size and Forecast, By Country, 2020-2032, (US$ Bn)Brazil
  - Argentina
  - Mexico
  - Rest of Latin America
Middle East & Africa
- Regional Trends
- Market Size and Forecast, By Product Type, 2020-2032, (US$ Bn)
- Market Size and Forecast, By Application, 2020-2032, (US$ Bn)
Market Size and Forecast, By Country, 2020-2032, (US$ Bn)South Africa
Israel
GCC Countries
Rest of the Middle East & Africa

7. Competitive Landscape

Company Profiles
- ABB Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Applied Measurements Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Crane Electronics Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Datum Electronics Ltd. (Indutrade AB)
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- HBK Benelux (Spectris PLC)
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Honeywell International Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Infineon Technologies AG
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Kistler Instrumente AG
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- MagCanica, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Norbar Torque Tools Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- PCB Piezotronics, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- TE Connectivity Ltd.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Teledyne Technologies, Inc.
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Transducers Direct, LLC
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates
- Wipro Infrastructure Engineering
  - Company Overview
  - Product Portfolio
  - Financial Performance
  - Key Strategies
  - Recent Developments/Updates

8. Analyst Recommendations

Wheel of Fortune
Analyst View
Coherent Opportunity Map

9. Reference and Research Methodology

References
Research Methodology
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