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Torque Sensor Market Size Insights: Annual Growth Rate, Revenue Outlook And Forecast Drivers
The torque sensor market has experienced significant expansion in recent years. It is forecast to rise from $13.38 billion in 2025 to $15.66 billion in 2026, achieving a compound annual growth rate (CAGR) of 17.0%. This historical growth can be attributed to several factors, including the increasing implementation in automotive testing systems, the initial uptake of strain gauge torque sensors, advancements in aerospace torque validation, the growing utilization in industrial torque control, and the broadening of rotary sensor applications.
The torque sensor market size is expected to undergo substantial growth in the upcoming years. It is projected to reach $28.46 billion in 2030, exhibiting a compound annual growth rate (CAGR) of 16.1%. This projected increase is attributed to several factors, including the escalating demand for high-precision non-contact torque sensors, the advancement of magnetoelastic technologies, the expansion of torque monitoring in EV drivetrains, the growth of smart factory torque diagnostics, and the rising uptake in medical and robotics torque applications. Significant trends for the forecast period encompass the development of smart mobility torque sensing, the rise of intelligent manufacturing torque monitoring, the emergence of IoT-enabled torque measurement systems, the widespread adoption of cloud-based torque analytics, and the innovation of torque solutions tailored for electrified powertrains.
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What Will Drive Torque Sensor Market Growth Through 2030?
Growing car sales are anticipated to fuel the torque sensor market. A car generally denotes a four-wheeled motor vehicle intended for road transportation of individuals or cargo. Within automotive vehicles, torque sensors find application in optimizing engine operation, boosting safety and stability, enhancing fuel economy, and facilitating the smooth functioning of diverse systems. For example, data from FinMasters, a Europe-based financial information provider, indicated in July 2023 that roughly 13.74 million cars and light trucks were sold in the United States during 2022. Auto sales in the U.S. reached 2.13 million units in January-February 2023, with projections suggesting total sales will hit 14.8 million for the full year in 2023. Consequently, the rising volume of car sales is poised to drive the expansion of the torque sensor market in the foreseeable future.
Torque Sensor Market Segment Analysis Covering All Major Categories
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
Major Trends Shaping The Future Of The Torque Sensor Market
Leading companies operating in the torque sensor market are concentrating on developing innovative solutions, such as advanced next-generation torque sensors, to improve measurement precision, simplify integration, and overcome challenges in test bench and powertrain testing. Next-generation torque sensors are sophisticated devices that integrate telemetry and flexible stator designs to provide accurate, real-time torque data for various applications, including electric vehicles. For instance, 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 enhancing testing efficiency for electric vehicle development.
Torque Sensor Market Competitive Environment And Key Companies
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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Which Regions Are Covered In The Torque Sensor Market Report?
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.
