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Torque Sensor Market Value Growth And Long-Term Outlook
The torque sensor market has experienced rapid growth in recent years. It is forecast to increase from $13.38 billion in 2025 to $15.66 billion in 2026, demonstrating a compound annual growth rate (CAGR) of 17.0%. The expansion observed in the historic period can be attributed to increased deployment in automotive testing systems, the early adoption of strain gauge torque sensors, growth in aerospace torque validation, rising utilization in industrial torque control, and the expansion of rotary sensor applications.
The torque sensor market is poised for swift expansion in the upcoming years. It is forecast to reach $28.46 billion by 2030, achieving a compound annual growth rate (CAGR) of 16.1%. This anticipated growth can be attributed to factors such as increasing requirements for high-precision non-contact torque sensors, progress in advanced magnetoelastic technologies, the rise of torque monitoring within EV drivetrains, the spread of smart factory torque diagnostics, and growing integration into medical and robotics torque applications. Significant trends expected during this period include the broadening of smart mobility torque sensing, the development of intelligent manufacturing torque monitoring, the emergence of IoT-enabled torque measurement systems, the embracing of cloud-based torque analytics, and the creation of torque solutions for electrified powertrains.
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Torque Sensor Market Growth Factors: What’s Supporting Expansion?
The torque sensor market is expected to be significantly influenced by the rise in car sales. Torque sensors are integral to automotive cars, vehicles typically defined as four-wheeled motor vehicles for passenger or goods transport, serving to optimize engine performance, improve safety and stability, boost fuel efficiency, and ensure the effective functioning of various vehicle systems. Illustratively, according to FinMasters, a Europe-based financial information provider, it was reported in July 2023 that sales of cars and light trucks in the United States reached approximately 13.74 million in 2022. Looking at early 2023, auto sales in the U.S. totaled 2.13 million units during January-February 2023, with forecasts anticipating sales to hit 14.8 million for the entirety of 2023. This sustained increase in car sales is therefore poised to stimulate the expansion of the torque sensor market in the foreseeable future.
Torque Sensor Market Segment Analysis And Revenue Potential
The torque sensor market covered in this report is segmented –
1) By Type: Reaction Torque Sensor, Rotary Torque Sensor
2) By Technology: Strain Gauge, Surface Acoustic Wave (SAW), Optical, Magnetoelastic
3) By Application: Automotive, Industrial, Aerospace and Defense, Healthcare
Subsegments:
1) By Reaction Torque Sensor: Static Torque Sensors, Dynamic Torque Sensors
2) By Rotary Torque Sensor: Contact Rotary Torque Sensors, Non-Contact Rotary Torque Sensors
Torque Sensor Market Industry Trends: What’s Reshaping Demand?
Key companies operating in the torque sensor market are concentrating on creating innovative solutions, such as next-generation torque sensors, to enhance measurement accuracy, simplify integration, and address difficulties in test bench and powertrain testing. Next-generation torque sensors are advanced instruments that incorporate telemetry and flexible stator designs to deliver precise, real-time torque data for a variety of uses, including electric vehicles. For example, in June 2024, Hottinger Brüel & Kjær (HBK), a Denmark-based technology company, launched the T110/100 torque sensor, which features integrated telemetry and a one-size-fits-all flexible stator. This sensor assists engineers in optimizing powertrain testing, streamlining measurement processes, and improving testing efficiency for electric vehicle development.
Torque Sensor Market Key Players Shaping Industry Direction
Major companies operating in the torque sensor market are ABB Group, Applied Measurements Ltd., Crane Electronics Ltd., FUTEK Advanced Sensor Technology Inc., Honeywell International Inc., Kistler Group, MagCanica Inc., Datum Electronics Limited, Hottinger Baldwin Messtechnik GmbH, PCB Piezotronics Inc., Interface Inc., TE Connectivity Ltd., Bota Systems, HITEC Sensor Solutions, Mountz Inc., S. Himmelstein & Company, Transense Technologies plc, ATI Industrial Automation Inc., HBK Benelux, Sensor Technology Ltd., Norbar Torque Tools Ltd., Magtrol SA, Scaime SAS, Lorenz Messtechnik GmbH, KTR Systems GmbH, Manner Sensortelemetrie GmbH, RDP Electronics Ltd.
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Torque Sensor Market Top Region By Revenue And Market Share
North America was the largest region in the torque sensor market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the torque sensor market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
