Global Torque Sensor Market to grow at a CAGR of 9.86% during Forecast period 2016-2020

Albany, NY, April 03, 2017: A torque sensor or a torque transducer is a device that is used for measuring the amount of torque acting upon a rotating system or mechanism in machinery such as engine, transmission, gearbox, crankshaft, or rotor. Torque sensors can measure all the components of torque acting along the six axes of a rotating system. Torque sensors measure both static and dynamic torque. However, the measurement of dynamic torque involves the transfer of either electric or magnetic effect from a shaft measured in a static system.

The global torque sensor market to grow at a CAGR of 9.86% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global torque sensor market for 2016-2020. To calculate the market size, the report considers the revenue generated from unit shipments of torque sensors.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

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Technavio's report, Global Torque Sensor Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- ABB
- ATI Industrial Automation
- Crane Electronics
- FUTEK Advanced Sensor Technology
- HBM Test and Measurement
- Honeywell Sensing and Control
- Interface Advanced Force Measurement
- Kistler Holding

Market driver
- Rise in demand for high-performance vehicles in automotive industry
- For a full, detailed list, view our report

Market challenge
- Compliance with safety standards
- For a full, detailed list, view our report

Market trend
- Compliance with quality standards
- For a full, detailed list, view our report

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Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

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