Diversity of Sensor Torque Applications Limits
Proliferation of Torque Sensors Products:
l Global torque sensors market to reach $1066.3 billion by 2016
l Automotive manufacturers demanding durable, high quality torque sensors
l Other end uses: Food and Beverage; Chemical and Allied Products; Petrochemical, Oil and Gas; Pulp
and Paper; Water and Wastewater; Mining; Pharmaceuticals and Power
June 27, 2011 11:55 AM Eastern Daylight Time
LONDON--(EON: Enhanced Online News)--The worldwide torque sensors market is expected to grow
significantly, achieving a market value of $1066.3 billion by 2016, compared with 2010 figures of $647.1 million;
according to a new report available from companiesandmarkets.com.
World Torque Sensors Market
Torque sensors are able to measure the force which results from any twisting or rotation movement. There are
numerous applications, categorized under: Automotive; Industrial; Medical; Test and Measurement; Aerospace and
Other, as well as numerous potential applications which are expected to drive growth in the market.
In terms of revenue generation, the automotive torque sensors segment has seen most growth in recent years. The
2007-2010 period also saw strong growth in the reaction and non-contact torque sensors, as demand increased
within the industrial equipment sector.
Future expansion in the torque sensors industry is expected to be driven by the Test and Measurement, Medical and
Industrial segments; while development of wireless torque sensors will also promote growth.
The global torque sensors market is highly competitive, with many players vying for market share. The majority of
companies focus on developing torque sensors for multiple applications. Key Tier I torque sensors market players
include: ATI Industrial Automation; Honeywell Sensing and Control; FUTEK Advanced Sensor Technology, Inc;
Siemens VDO; Teledyne Instruments; Delphi and Measurement Specialties.
The 124 page June 2011 World torque sensors market report provides a strategic analysis of the world torque
sensors market, including historic and forecast data between 2007-2017. The global torque sensors market report
includes information relating to the type and system of industry participants; market developments; drivers and
restraints, as well as technological analysis. The report is split by product segment and geography: North America,
Europe, Asia Pacific and Rest of World, with information provided in the form of charts and graphs, with supporting
Companies & Markets
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