Global Automotive Torque Sensor Market is Driven by Increasing Applications in Electric Power Steering System

Automotive Torque Sensor Market is estimated to grow at 9.0% for 2020-2027 with factors such as high cost of torque transducers along with ow reliability which will hamper the growth of the market in emerging economies.

Automotive torque sensor market has shown an exceptional penetration in developed economies in North America. Prevalence of favorable government policies and various manufacturing companies which will help in driving the growth of the market.

Automotive Torque Sensor Market Scenario

According to Data Bridge Market Research the automotive torque sensor market is attaining a significant growth in developing economies during the forecast period of 2020-2027 due to factors such as    increasing applications in electric power steering system, rising need of torque measurement, increasing preferences among the people regarding advanced high performance vehicle which will help in boosting the growth of the market.

Now the question is which are the other regions that automotive torque sensor market is targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific automotive torque sensor market in the forecast period of 2020-2027. The Data bridge market research new reports highlight the major growth factors and opportunities in the automotive torque sensor market.  

For more analysis on the automotive torque sensor market request for a briefing with our analysts

Scope of the Automotive Torque Sensor Market

Automotive torque sensor market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Brazil, Argentina, Rest of South America as a part of South America, Germany, France, U.K., Italy, Spain, Netherlands, Belgium, Russia, Turkey, Switzerland, Rest of Europe in Europe, China, Japan, India, Australia, Singapore, Thailand, Malaysia, South Korea, Indonesia, Philippines, Rest of Asia-Pacific (APAC) as a part of Asia-Pacific (APAC), U.A.E, Egypt, Saudi Arabia, South Africa, Israel,  Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

  • All country based analysis of the automotive torque sensor market is further analyzed based on maximum granularity into further segmentation. On the basis of type, the market is segmented into rotary torque sensors, and reaction torque sensors. Based on technology, the market has been segmented into surface acoustic wave, magnetoelastic, optical, and strain gauge. On the basis of vehicle type, the market has been segmented into passenger vehicles, and commercial vehicles. On the basis of mechanical configuration, the market has been segmented into shaft style, and flange style.
  • Torque sensors are instruments used to calculate the torque of rotating structures like electric motors, engines, gearboxes, changes in the craft. Measuring and controlling the torque is an important parameter in relation to all machines and engines.  

To know more about the study

Key Pointers Covered in the Automotive Torque Sensor Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market By Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Regulatory Framework and Changes
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the report

  • ABB
  • Crane Electronics Ltd
  • Futek Advanced Sensor Technology
  • HBM - Torque Transducers
  • Honeywell International Inc.
  • Kistler Instruments India Pvt. Ltd.
  • Norbar
  • Infineon Technologies AG
  • Magcanica, Inc
  • Interface, Inc
  • TE Connectivity.
  • Mountz Torque
  • PCB Piezotronics, Inc.
  • S. Himmelstein and Company

Above are the key players covered in the report, to know about more and exhaustive list of Automotive Torque Sensor companies contact us

Research Methodology: Global Automotive Torque Sensor Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and estimated using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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