Market Overview

The global torque sensor market size was valued at USD 7.15 billion in 2024 and is projected to reach from USD 7.57 billion in 2025 to USD 12.07 billion by 2033, growing at a CAGR of 6.00% during the forecast period (2025-2033). The use of wireless and digital features in torque sensors results in increased advantages. The increasing demand from industries is one of the primary market drivers boosting market growth.

The global Torque Sensor market continues to evolve rapidly, driven by shifting consumer trends, rising investments, and technological progress. This section provides a detailed snapshot of the current landscape, highlighting major developments, emerging opportunities, and competitive movements that are shaping the industry’s growth trajectory.

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Market Report Scope and Research Methodology

This report offers a balanced combination of qualitative and quantitative analysis to ensure accurate, transparent, and comprehensive insights. The scope defines the parameters and key categories of the market, helping readers clearly understand its framework and underlying dynamics.

The study examines market size, forecasts, and growth potential by analyzing crucial segments and sub-segments. It delves into the factors influencing the market—such as cost efficiency, regulatory initiatives, sustainability goals, and continuous innovation. In addition, it evaluates competitive landscapes, investment flows, and the policy environment impacting overall industry development.

Market Regional Insights

The regional analysis spans North America, Europe, Asia-Pacific, Latin America, the Middle East, and Africa. Each region is assessed based on market share, growth prospects, trade movements, and investment attractiveness. By studying regional demand trends, industrial performance, and government support measures, the report delivers a holistic understanding of how the market is evolving across different geographies.

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Market Segmentation

1. By Type
   1. Rotary Torque Sensor
   2. Reaction Torque Sensor
2. By Application
   1. Automotive
   2. Industrial
   3. Test and Measurement
   4. Aerospace and Defense
   5. Others

Market Key Players

1. ABB
2. Honeywell International
3. Infineon Technologies
4. Crane Electronics
5. Applied Measurements
6. Kistler Holding
7. Norbar Torque Tools
8. Sensor Technology
9. Hottinger Baldwin Messtechnik
10. FUTEK Advanced Sensor Technology

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Key Questions Answered in the Torque Sensor Market Report:

• How large is the Torque Sensor market currently?

• What is the projected size of the Torque Sensor market in the coming years?

• What is the estimated global value of the Torque Sensor market?

• How fast is the Torque Sensor market growing?

• Which segment accounts for the highest share in the Torque Sensor market?

• What are the major Torque Sensor market segments?

• What was the market value of Torque Sensor in North America in 2024?

• Which region currently dominates the market landscape?

• What factors are driving the growth of the Torque Sensor market?

• Who are the prominent players in the Torque Sensor market?

• Which companies are leading in the Torque Sensor industry?

About Straits Research

Straits Research provides comprehensive market intelligence and actionable insights across a wide range of industries. Our reports are designed to empower decision-makers, investors, and organizations to uncover growth opportunities, overcome challenges, and build strategies that ensure long-term success in a rapidly changing business environment.

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