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Torque Sensor Market Size & Forecast

Historic: 2022-2024 Base Year: 2025 Forecast: 2026–2033
US$ 8.49 Billion
Market Size 2025 · Base Year
US$ 13.23 Billion
Projected Market Size by 2033
5.70%
CAGR · 2026–2033
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BMIPUB00034538 56+ Countries Covered 10 Major Companies Profiled PEST & SWOT Analysis Competitive Heat Map
At a Glance

Report Coverage

56 +
Countries
56+ countries across North America, Europe, Asia-Pacific, South and Central America, Middle East and Africa
12
Year Assessment
Comprehensive Market Analysis Covering 3 Years of Historical Data (2022–2024), Base Year (2025), and 8-Year Forecast (2026–2033)
10 +
Major Players
Major companies profiled including ABB, Crane Electronics, FUTEK Advanced Sensor Technology, Hottinger Baldwin Messtechnik, Applied Measurements
403
Report Pages
Pages of deep-dive analysis with PEST, SWOT, competitive heat maps and datasets
What's Fueling Growth

Market Drivers

  • Increasing Automotive Electrification Drives Torque Sensor Growth

  • Growing Adoption of Industrial Automation and Robotics Systems

  • Increasing Use of Torque Sensors in Electric Vehicle Platforms

Where Growth Opportunities Exist

Key Opportunities

  • IoT and Industry 4.0 Enable Smart Torque Sensor Integrations

  • Growing Use in Aerospace and Renewable Energy Applications

  • Integration with Smart Manufacturing and Industry 4.0 Systems

What Could Slow It Down

Market Restraints

  • High Cost of Advanced Torque Sensor Systems Limits Adoption

  • Technical Complexity in Integration with Existing Machinery

  • Calibration and Maintenance Challenges Affect Reliability

Market Segmentation

Coverage by Segment

Type

Rotary Torque Sensors
Reaction Torque Sensors

Technology

Strain Gauge
Surface Acoustic Wave (SAW)
Optical

Application

Automotive
Test & Measurement
Industrial
Geographic Breakdown

Regional Intelligence

NA North America
EU Europe
APAC Asia-Pacific
SCA South & Central America
MEA Middle East & Africa
Competitive Landscape

Major Market Players

Listed for reference — companies are not ranked in any particular order.

ABB
Crane Electronics
FUTEK Advanced Sensor Technology
Hottinger Baldwin Messtechnik
Applied Measurements
Honeywell
Kistler Holding
Sensor Technology
Norbar Torque Tools
Infineon Technologies
What's Inside

Report Scope & Deliverables

Market Size 2025 US$ 8.49 Billion
Market Size 2033 US$ 13.23 Billion
CAGR 2026–2033 5.70%
Segments By Type (Rotary Torque Sensors, Reaction Torque Sensors)  |  By Technology (Strain Gauge, Surface Acoustic Wave (SAW), Optical)  |  By Application (Automotive, Test & Measurement, Industrial)
Geographies North America (US, Canada, Mexico)  ·  Europe (Belgium, Austria, Finland, Denmark, Greece, Poland, Romania, Russia, Ukraine, Czech Republic, Slovakia, Bulgaria, Italy, Luxembourg, Germany, Switzerland, France, Netherlands, Norway, Portugal, Spain, Sweden, United Kingdom)  ·  Asia-Pacific (Australia, China, India, Japan, South Korea, Indonesia, Malaysia, Philippines, Singapore, Thailand, Vietnam, Bangladesh, New Zealand, Taiwan)  ·  South and Central America (Brazil, Argentina, Peru, Chile, Colombia)  ·  Middle East and Africa (Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates, Turkiye, South Africa, Egypt, Algeria, Nigeria)
Deliverables Historical analysis with CAGR · PEST & SWOT analysis · Market Size at Global, Regional, and Country Levels · Competitive heat map · Company profiles · Excel dataset
Report Code BMIPUB00034538
Lead Analyst Siddhika Potpelwar — Consultant, Research & Consulting · View Profile
With Full Report Access

Gain actionable insights with 403 pages of in-depth Torque Sensor Market, including historical trends, 8-year market forecasts, SWOT analysis, competitive landscapes, and downloadable Excel datasets in a single comprehensive package.