VIEWS: 13 PAGES: 2 CATEGORY: Press Releases POSTED ON: 6/27/2011
LONDON--(EON: Enhanced Online News)--The global torque sensors market is highly competitive. Key Tier I torque sensors market players include: ATI Industrial Automation; Honeywell Sensing and Control; FUTEK Advanced Sensor Technology img border='0' title='Add to Google' alt='Add to
Diversity of Sensor Torque Applications Limits Proliferation of Torque Sensors Products: companiesandmarkets.com 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 http://www.companiesandmarkets.com/Market-Report/world-torque-sensors-market-619596.asp? prk=7c4ed5b510c1ffe12b50d9829eddaba2 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 commentary. Report Details: http://www.companiesandmarkets.com/Market-Report/world-torque-sensors-market-619596.asp? prk=7c4ed5b510c1ffe12b50d9829eddaba2 Contacts Companies & Markets Mike King Press Office email@example.com London (UK): +44 (0) 203 086 8600
"Diversity of Sensor Torque Applications Limits Proliferation of Torque Sensors Products: companiesandmarkets.com"