Torque Sensors Market Substantial Rise in Industrial
Sectors to Offer Growth Prospects by 2026
Torque Sensors Market research provides industry analysis by
type, manufacturer, application along with key factors influencing
the growth of the market which include growth drivers, restraints,
opportunities and challenges, strategically profile key players and
comprehensively
analyze
their
market
share
and
core
competencies.
A torque sensor is a device used for measuring and recording the torque of a rotating system
such as an engine, crankshaft, gearbox, rotor, and bicycle crank or cap torque tester. The torque
is mainly divided in two categories: static torque and dynamic torque. Static torque does not
produce an angular acceleration and dynamic torque refers to the amount of torque motor
produces at some speed of rotation with applied load.
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Global Torque Sensors Market: Regional Insights
Asia Pacific is expected to be the fastest growing region in the torque sensors market over the
forecast period. The substantial growth in the automotive production of vehicles in economies
such as India and China is one of the major factors for increasing demand for torque sensors in
this region. For instance, according to the Organisation Internationale des Constructeurs
d’Automobiles (OICA) analysis, the production of vehicles in India and China in 2016 was 4.5
billion units and 28.1 billion units, respectively, which increased up to 4.7 billion units and 29
billion units, respectively in 2017. Torque sensors are used in automotive industry for numerous