openPR Logo
Press release

Torque Sensor Market 2025 - Rotary Sensors Segment is Projected to Witness Exponential Growth

01-13-2020 06:50 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Global Market Research

Torque Sensor Market

Torque Sensor Market

Rotary sensors are expected to witness the highest growth in the torque sensor market owing to their varied applications in several machines such as vehicles, motors, and robots. The benefits offered by rotating meters include low electrical noise, high stiffness, high RPM ratings, and increased response times. The optical torque component demand in the torques sensor market is increasing rapidly. The growth of this segment is attributed to its major applications in compact and lightweight robots with increased range.

Factors, such as high cost of torque transducers, for implementing in small machinery hinder the torque sensor market demand. Lack of sensor reliability in major applications, such as engine testing, transmission testing, and chassis performance measurement, is lowering the demand for such components. Frequent failures occurring in machines due to these meters stop the operation, eventually reducing the reliability and performance. Manufacturer’s lack of knowledge about the importance of implementing these components in all types of machines and robots to maintain the force level produced reducing the torque sensor industry demand.

Get sample copy of this research report @ https://www.gminsights.com/request-sample/detail/4265

Torque Sensor Market By Type

• Rotary Sensors
• Reaction Sensors
• Super Acoustic Wave (SAW) Sensor
• Magnetoelastic Sensors
• Optical Sensor

Torque Sensor Market By Application

• Test & Measurement
• Automotive
• Industrial
• Aerospace & Defense
• Others

The growing implementation of robotic grippers in industrial activities is driving the torque sensor market demand. Force transducers are designed to fit in between the robot wrist and tool that controls the torque level produced in arms. Industrial product testing techniques are getting improvised and upgraded at a fast pace to provide increased product quality. Product testing includes the integration of torque sensors, allowing robots to have repeatable and recordable force data that can be monitored and adjusted.

Get this report Customized to your requirements @ https://www.gminsights.com/roc/4265

The North America torque sensor market is anticipated to witness growth over the forecast timeline due to the presence of huge automobile and industrial sectors, the largest consumers of torque transducers. Increasing government standard for high-quality products is further fueling the market demand and is also expected to consume huge amounts of these components over the forecast years. The development of the industrial and consumer electronics sector coupled with the presence of largest automotive manufacturing facilities in Asia Pacific countries including India, China, South Korea, and Japan will support the industry development.

Some players in the torque sensor market are Honeywell Sensing and Control, HBM: Test & Measurement, ABB, PCB Piezotronics, Inc., Teledyne Technologies, and Futek Advanced Sensor Technology. Several players in the industry adopted strategies, such as new product development & innovation, merger, acquisition, collaboration, and partnership, to sustain the high industry competition.

Contact us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com

About Global Market Insights:

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Torque Sensor Market 2025 - Rotary Sensors Segment is Projected to Witness Exponential Growth here

News-ID: 1895083 • Views:

More Releases from Global Market Research

What's Driving the Aircraft Communication System Market Share? General Dynamics, Harris Corporation, Honeywell, L3 Technologies, Lockheed Martin, Raytheon, Collins Aerospace
What's Driving the Aircraft Communication System Market Share? General Dynamics, …
A rather crucial component of the air traffic management, SATCOM has emerged as the most popular product of the aircraft communication system market in the recent past. As the global air traffic is expected to increase at an unprecedented pace every year, prominent airlines across the world would undoubtedly be upgrading their SATCOM systems to enhance passenger experience and upgrade, operational efficiency. Furthermore, SATCOM is being deployed extensively in military
What's Driving the Aerospace Landing Gear Market Trends? Delta TechOps , Eaton Corporation, GKN Aerospace, Magellan Aerospace Limited, Safran , Triumph Group, UTC Aerospace Systems
What's Driving the Aerospace Landing Gear Market Trends? Delta TechOps , Eaton C …
The North America aerospace landing gear market is slated to amass hefty proceeds from the regional aircraft segment as many Asian and African nations will look to expand their domestic fleet size and service capabilities. To elaborate, a 2017 report forecast that over the next 15 years, approx. 5,728 regional aircrafts valued at USD 212.9 billion could be manufactured, including jets and turboprops. Consequently, the aerospace landing gear industry will
What's Driving the Automotive Electronics Market Trends? Top Players are Altera, Atmel Corporation, Autoliv, Continental, Delphi Technologies, Denso, Faurecia, Hyundai MOBIS, Lear Corporation
What's Driving the Automotive Electronics Market Trends? Top Players are Altera, …
The deployment of such systems to maintain passenger and vehicle safety is thus slated to impel automotive electronics market share. Over the coming years, the use of real-time operating systems and the development of next-generation visualization tools for automotive in-vehicle systems is likely to increase at an exponential rate. The surging awareness among people about the benefits of autonomous vehicles will thus help augment the utilization of electronic content in
What's Driving the Vehicle Tracking Device Market Growth? Top Players are ATrack Technology Inc., Xirgo Technologies, LLC, Teltonika, Starcom Systems, ORBCOMM, Laird PLC, Maestro Wireless Solutions Limited, Meitrack Group
What's Driving the Vehicle Tracking Device Market Growth? Top Players are ATrack …
The vehicle tracking device market is estimated to exceed USD 3 billion by 2025. The global vehicle tracking device industry has witnessed an unprecedented growth rate owing to enhanced fleet management techniques which are reducing operation cost of managing large fleet operations. These tracking systems enable monitoring of fuel consumption, engine parameters, and driver's behavior along with ensuring safety, thus making them an essential component in fleet management techniques. Wireless tracking

All 5 Releases


More Releases for Sensor

Wheel Speed Sensor Market Growing Up By Sensor Type: Passive Sensor, Active Sens …
Acumen Research and Consulting has announced the addition of the "Wheel Speed Sensor Market” report to their offering. The Wheel Speed Sensor Market Report 2018 is an in depth study analyzing the current state of the Wheel Speed Sensor Market. It provides brief overview of the market focusing on definitions, market segmentation, end-use applications and industry chain analysis. The study on Wheel Speed Sensor Market provides analysis of China market covering
Smart Sensor Market - Transportation System Infrastructure & Aerospace Industrie …
Smart sensor market is expected to reach $15,840 million in 2023 from $4,805 million in 2016, growing at a CAGR of 18.4% from 2017 to 2023. Smart sensor have become an integral part of the aerospace and transportation industry. The robust growth in automobile sector, inclination of society towards IoT, development of smart cities, and surge in security threats are some of the major factors that drive the demand for
Global Body Sensor Market - By Type (EEG Sensor, Visual Sensor, Respiration Sens …
Market Research Reports Search Engine (MRRSE) has recently updated its massive report catalog by adding a fresh study titled “Global Body Sensor Market - Assessment Covering Growth Factors and Upcoming Trends by 2022 End”. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2022. The report also targets important facets such as market drivers, challenges, latest trends,
Smart Wearable Fitness Devices Sensors Market to 2025 Temperature Sensor, Pressu …
The report begins from overview of Industry Chain structure, and describes industry environment, then analyses market size and forecast of Smart Wearable Fitness Devices Sensors by product, region and application, in addition, this report introduces market competition situation among the vendors and company profile, besides, market price analysis and value chain features are covered in this report. This research report is equipped with the information categorizing Smart Wearable Fitness Devices
Sensor Market to Reach $ 190.95 Billion By 2022: Optical sensor, Image Sensor, T …
Industry Trend Analysis: Sensor Market is expected to experience significant growth in coming years between 2014 and 2022. The market is expected to reach $190.95 billion by 2022 at a growing CAGR of 9.14%. Increasing application in automotive application, collision prevention, healthcare monitoring and oil platforms will enhance the growth of sensor market in the upcoming years. In addition, growing application of sensors in military and surveillance, transportation and logistics will
Motion Sensor Market Revenue Forecast 2015 - 2023 Microwave Sensor, Infrared Mot …
Research report on "Motion Sensor Market (By Types - MEMS Magnetometer, MEMS Accelerometer, MEMS Gyroscope and Sensor Combos By Technology Types - Microwave Sensor, Infrared Motion Sensor, Tomographic Sensor, Ultrasonic Sensor and Others By Application Type - Industrial Application, Consumer electronics, Automotive Application, Fitness and Wellness, Healthcare, Aerospace and Defense and Others) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2023" Motion sensor is a device that