Torque Sensor Market Report Scope & Overview:

The Torque Sensor Market size was USD 7.55 billion in 2023 and is expected to Reach USD 11.86 billion by 2031 and grow at a CAGR of 5.8 % over the forecast period of 2024-2031.

It determines how torque machines spin an object based on its power. Torque sensors are now employed in a wide range of applications. Torque sensors are becoming more advanced as technology progresses. The torque sensors gain greatly from the addition of a wireless and digital element. The torque sensor market is being driven by rising industrial demand. In addition, the aerospace, medical, and automotive industries are generating significant demand for torque sensors.

Torque-Sensor-Market Revenue Analysis

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Furthermore, as the number of integrated vehicles grows, the torque sensor market will expand. Tests with fan torque technologies, motor dynameters, electric pumps, and electric car terminal testing are all conceivable. Wireless torque sensors are undergoing new advancements. All of these elements are thought to improve torque sensor market conditions. The rotating torque sensor will also have the highest demand from the end user in the future. Regulatory measures will enhance the overall market condition as fuel and power efficiency improves.



  • Growing Demand for Electric Vehicles (EVs) and Hybrids

 Electric vehicles rely heavily on electric motors, and torque sensors are crucial for testing and monitoring the performance of these motors. They also play a role in optimizing energy efficiency and ensuring smooth operation of the entire powertrain system.

  • Growing Focus on Industrial Safety and Quality Control


  • Environmental Factors and Sensor Durability

Torque sensors are often deployed in harsh environments with extreme temperatures, vibrations, or exposure to chemicals. Ensuring the durability and reliability of sensors under such conditions can be challenging and requires the development of robust and specialized sensor designs.


  • Advancements in Sensor Technology

The development of smaller, lighter, and wireless torque sensors allows for easier integration into compact devices and complex machinery. This opens doors for broader application in various industries, including medical devices, robotics, and consumer electronics.

  • Development of Autonomous Vehicles and Advanced Driver-Assistance Systems (ADAS)


  • Calibration and Maintenance Requirements

Ensuring the accuracy and optimal performance of torque sensors necessitates regular calibration and maintenance. This can be a recurring cost for businesses, and the requirement for skilled personnel can be a challenge, especially for smaller companies.


The Russia-Ukraine conflict poses immediate and long-term challenges for the torque sensor market. Immediate concerns stem from supply chain disruptions, as Ukraine supplies 70% of the world's neon crucial for sensor production, while Russia accounts for 44% of global palladium used in sensor components. This could lead to production hampering by 10-15% and a surge in raw material prices by 20-30%, potentially increasing sensor costs by 5-7%. Long-term repercussions include potential project delays (worth $100s of billions globally) and investment hesitation in infrastructure and industrial automation initiatives (estimated $200 billion market by 2025) reliant on torque sensors. The conflict might also reshape global supply chains, impacting partnerships and possibly leading to price adjustments of 5-10% due to new trade routes. However, mitigating efforts such as diversifying suppliers and focusing on innovative sensor technologies could lessen these impacts.


The torque sensor market faces significant challenges amidst a looming economic slowdown. Reduced demand is a key concern, especially in industries like manufacturing and automotive. In manufacturing, businesses tend to cut capital expenditure during downturns, potentially causing a 5-10% decline in torque sensor demand for industrial automation and robotics. Similarly, decreased car sales during economic hardships can impact the automotive sector, leading to a potential 3-5% contraction in sensor demand for engine management and emission control systems. Moreover, the pressure on profit margins intensifies with potential price wars among manufacturers striving to maintain market share. This could result in reduced margins, hindering investments in research and development. Additionally, economic uncertainty might lead to project delays or cancellations of infrastructure projects reliant on torque sensors, stalling growth in this market segment. These factors collectively highlight the complex challenges the torque sensor market faces in navigating an uncertain economic landscape.


The torque sensor market is divided into three categories: type, application, and region. On the basis of type, the market is divided into Rotary Torque Sensors, Reaction Torque Sensors. Applications covered in this market are Automotive, Test & Measurement, Industrial, Aerospace & Defense, Others. Also, technologies covered in this market are Strain Gauge, Surface Acoustic Wave (SAW), Optical, Magnetoelastic and Other.



  • Rotary Torque Sensors

  • Reaction Torque Sensors

Rotary torque sensors have diverse applications across automobile industry. This versatility is expected to drive a higher CAGR in the market, particularly due to the rising focus on enhancing fuel economy, efficiency, and electrification. As these trends continue to grow, the demand for rotary torque sensors is anticipated to increase significantly throughout the forecast period.


  • Strain Gauge
  • Surface Acoustic Wave (SAW)

  • Optical

  • Magnetoelastic

The strain gauge torque sensors produce signals that are compatible with various instruments including digital displays, analog, and digital amplifiers. Additionally, they are cost-effective when compared to alternative torque sensors. Consequently, the segment of strain gauge torque sensors is projected to exhibit the highest CAGR throughout the forecast period. This growth is attributed to advancements in modern strain gauge torque sensors, enabling highly precise measurements.


  • Automotive

  • Test & Measurement

  • Industrial

  • Aerospace & Defense

  • Others

Torque sensors play a crucial role for automobile manufacturers, particularly in calibrating automatic transmissions and mapping engine torque. They are integral in testing clutches, gearboxes, measuring strain, and assessing dynamic torque within engines. The automotive sector is witnessing a significant impact from stringent emission regulations, evolving buyer preferences, and the rise of electrification technology. These factors are driving a notable surge in demand for torque sensors within automotive applications, leading to substantial growth in this sector.

Torque Sensor Market Segmentation Analysis

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Asia-Pacific led the Torque Sensor Market with a 35% share in 2023 and is expected to maintain dominance. The region's growth is bolstered by key player presence and robust infrastructure development. Countries like Japan, South Korea, China, and India are rapidly automating industries, particularly in industrial automation and robotics, boosting demand for rotational torque sensors. In India, the automotive sector is a major torque sensor market driver, especially with the rise of electric vehicles.

North America, with the US, Canada, and Mexico, is at the forefront of torque sensor technology, driven by increased demand for tracking system efficiency.

Europe's market, including the UK, Germany, France, and Spain, is thriving due to a focus on torque and force measurement, particularly in electric power steering systems.

The Middle East, Africa, and South America are also experiencing rapid growth, fueled by advancements in technology and increasing industrialization.



North America

  • US

  • Canada

  • Mexico


  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America  


The key players in Global Torque Sensor Market are Hottinger Baldwin, Messtechnik, Infineon Technologies, FUTEK Advanced Sensor Technology (US), Honeywell International, Applied Measurements (UK), Sensor Technology, Sensor Technology , Crane Electronics (UK), Norbar Torque Tools, Kistler Holding (Switzerland), ABB (Switzerland) and Other.


  • March 2023 saw the unveiling of Sensor Technology Ltd's latest addition to their lineup, the TorqSense SGR 510/520 torque sensor low-capacity model. This new offering from Sensor Technologies provides a wide range of capacities, spanning from 0.2Nm to 1Nm, with an extended range reaching up to 13,000Nm.

  • October 2022 witnessed the introduction of Infineon's latest offering, the XENSIV connected (CSK) sensor kit, a new IoT sensors platform designed for the prototyping and development of tailor-made IoT solutions.

Sensor Technology-Company Financial Analysis

Company Landscape Analysis

Torque Sensor Market Report Scope:
Report Attributes Details
Market Size in 2023 US$ 7.55 Billion
Market Size by 2031 US$ 11.86 Billion
CAGR CAGR of 4.2% From 2023 to 2030
Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • by Type (Rotary Torque Sensors, Reaction Torque Sensors)
• by Technology (Strain Gauge, Surface Acoustic Wave (SAW), Optical, Magnetoelastic)
• by application (Automotive, Test & Measurement, Industrial, Aerospace & Defense, Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles Hottinger Baldwin, Messtechnik, Infineon Technologies, FUTEK Advanced Sensor Technology (US), Honeywell International, Applied Measurements (UK), Sensor Technology, Sensor Technology , Crane Electronics (UK), Norbar Torque Tools, Kistler Holding (Switzerland), ABB (Switzerland) and Other.
Key Drivers

Growing Demand for Electric Vehicles (EVs) and Hybrids

• Growing Focus on Industrial Safety and Quality Control

RESTRAINTS • Environmental Factors and Sensor Durability

Frequently Asked Questions

The Torque Sensor Market size was valued at 7.55 billion in 2023 at a CAGR of 5.8%.

The key players in Global Torque Sensor Market are Hottinger Baldwin, Messtechnik (Germany), Infineon Technologies (Germany), FUTEK Advanced Sensor Technology (US), Honeywell International (US), Applied Measurements (UK), Sensor Technology (UK), Sensor Technology (UK), Crane Electronics (UK), Norbar Torque Tools , Kistler Holding (Switzerland), ABB (Switzerland) and Other.

Torque measurement is the driving factor of the Torque Sensor Market.

Top-down research, bottom-up research, qualitative research, quantitative research, and Fundamental research.

Manufacturers, Consultants, Association, Research Institutes, private and university libraries, suppliers, and distributors of the product.


1. Introduction

1.1 Market Definition

1.2 Scope

1.3 Research Assumptions

2. Industry Flowchart

3. Research Methodology

4. Market Dynamics

4.1 Drivers

4.2 Restraints

4.3 Opportunities

4.4 Challenges

5. Impact Analysis

5.1 Impact of Russia-Ukraine Crisis

5.2 Impact of Economic Slowdown on Major Countries

5.2.1 Introduction

5.2.2 United States

5.2.3 Canada

5.2.4 Germany

5.2.5 France

5.2.6 UK

5.2.7 China

5.2.8 Japan

5.2.9 South Korea

5.2.10 India

6. Value Chain Analysis

7. Porter’s 5 Forces Model

8.  Pest Analysis

9. Torque Sensor Market Segmentation, By Type

9.1 Introduction

9.2 Trend Analysis

9.3 Rotary Torque Sensors

9.4 Reaction Torque Sensors

10. Torque Sensor Market Segmentation, By Technology

10.1 Introduction

10.2 Trend Analysis

10.3 Strain Gauge

10.4 Surface Acoustic Wave (SAW)

10.5 Optical

10.6 Magnetoelastic

11. Torque Sensor Market Segmentation, By Application

11.1 Introduction

11.2 Trend Analysis

11.3 Automotive

11.4 Test & Measurement

11.5 Industrial

11.6 Aerospace & Defense

11.7 Others

12. Regional Analysis

12.1 Introduction

12.2 North America

12.2.1 USA

12.2.2 Canada

12.2.3 Mexico

12.3 Europe

12.3.1 Eastern Europe Poland Romania Hungary Turkey Rest of Eastern Europe

12.3.2 Western Europe Germany France UK Italy Spain Netherlands Switzerland Austria Rest of Western Europe

12.4 Asia-Pacific

12.4.1 China

12.4.2 India

12.4.3 Japan

12.4.4 South Korea

12.4.5 Vietnam

12.4.6 Singapore

12.4.7 Australia

12.4.8 Rest of Asia Pacific

12.5 The Middle East & Africa

12.5.1 Middle East UAE Egypt Saudi Arabia Qatar Rest of the Middle East

11.5.2 Africa Nigeria South Africa Rest of Africa

12.6 Latin America

12.6.1 Brazil

12.6.2 Argentina

12.6.3 Colombia

12.6.4 Rest of Latin America

13. Company Profiles

13.1 Hottinger Baldwin

13.1.1 Company Overview

13.1.2 Financial

13.1.3 Products/ Services Offered

13.1.4 SWOT Analysis

13.1.5 The SNS View

13.2 Messtechnik

13.2.1 Company Overview

13.2.2 Financial

13.2.3 Products/ Services Offered

13.2.4 SWOT Analysis

13.2.5 The SNS View

13.3 Infineon Technologies

13.3.1 Company Overview

13.3.2 Financial

13.3.3 Products/ Services Offered

13.3.4 SWOT Analysis

13.3.5 The SNS View

13.4 FUTEK Advanced Sensor Technology

13.4.1 Company Overview

13.4.2 Financial

13.4.3 Products/ Services Offered

13.4.4 SWOT Analysis

13.4.5 The SNS View

13.5 Honeywell International

13.5.1 Company Overview

13.5.2 Financial

13.5.3 Products/ Services Offered

13.5.4 SWOT Analysis

13.5.5 The SNS View

13.6 Applied Measurements

13.6.1 Company Overview

13.6.2 Financial

13.6.3 Products/ Services Offered

13.6.4 SWOT Analysis

13.6.5 The SNS View

13.7 Sensor Technology

13.7.1 Company Overview

13.7.2 Financial

13.7.3 Products/ Services Offered

13.7.4 SWOT Analysis

13.7.5 The SNS View

13.8 Crane Electronics

13.8.1 Company Overview

13.8.2 Financial

13.8.3 Products/ Services Offered

13.8.4 SWOT Analysis

13.8.5 The SNS View

13.9 Norbar Torque Tools

13.9.1 Company Overview

13.9.2 Financial

13.9.3 Products/ Services Offered

13.9.4 SWOT Analysis

13.9.5 The SNS View

13.10 Kistler Holding (

13.10.1 Company Overview

13.10.2 Financial

13.10.3 Products/ Services Offered

13.10.4 SWOT Analysis

13.10.5 The SNS View

14. Competitive Landscape

14.1 Competitive Benchmarking

14.2 Market Share Analysis

14.3 Recent Developments

            14.3.1 Industry News

            14.3.2 Company News

            14.3.3 Mergers & Acquisitions

15. Use Case and Best Practices

16. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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