Global Torque Sensor Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Rotary Torque Sensor and Reaction Torque Sensor.

By Technology;

SAW, Optical, Strain Gauge, and Magnetoelastic.

By Application;

Aerospace & Defense , Industrial, Automotive, and Test & Measurement.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn668278035 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Torque Sensor Market (USD Million), 2021 - 2031

In the year 2024, the Global Torque Sensor Market was valued at USD 8,106.45 million. The size of this market is expected to increase to USD 12,029.02 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The global torque sensor market has witnessed significant growth, driven by the increasing demand for precise measurements in various industries such as automotive, aerospace, industrial automation, and energy. Torque sensors are essential components used to measure and monitor the torque applied to rotating or stationary systems, providing critical data for performance optimization, safety, and maintenance. As industries continue to advance, the need for real-time torque measurements for applications like engine testing, robotics, and machinery maintenance has grown, fueling the demand for advanced torque sensing solutions. Additionally, the rise of electric vehicles (EVs) and advancements in renewable energy technologies further amplify the need for torque sensors in automotive and wind turbine applications.

The automotive sector is a key contributor to the growth of the global torque sensor market, driven by the increasing focus on vehicle electrification, engine efficiency, and safety features. In electric vehicles, torque sensors play a vital role in monitoring the performance of electric motors, ensuring accurate control of power output and improving the efficiency of energy consumption. Furthermore, torque sensors are used in various automotive systems, including steering, braking, and drivetrain components, to enhance performance and safety. As the automotive industry continues to evolve, especially with the rise of autonomous vehicles, the need for torque sensors to ensure precise control and system diagnostics is expected to grow.

Geographically, the global torque sensor market is experiencing substantial growth in North America, Europe, and Asia-Pacific. North America and Europe are key markets, driven by advancements in automotive technology, industrial automation, and aerospace applications. Meanwhile, Asia-Pacific is rapidly emerging as a major market for torque sensors, owing to the region's expanding automotive industry, manufacturing sector, and technological advancements in countries like China, Japan, and South Korea. As the demand for more precise and efficient torque measurements continues to increase across industries, the market for torque sensors is expected to grow steadily, with innovations in sensor technologies and the development of wireless and digital sensors further enhancing their capabilities and applications.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Torque Sensor Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing Demand for Electric Vehicles (EVs)

        2. Advancements in Automotive and Aerospace Industries

        3. Increasing Industrial Automation and Robotics Adoption

        4. Rising Focus on Precision Engineering and Performance Optimization

        5. Expanding Renewable Energy Sector (Wind Turbines)

      2. Restraints
        1. High Initial Cost of Torque Sensors

        2. Complex Integration with Existing Systems

        3. Limited Awareness in Small and Medium Enterprises (SMEs)

        4. Technical Challenges in Harsh Environments

        5. Dependency on Regulatory Standards and Compliance

      3. Opportunities
        1. Technological Innovations in Wireless and Digital Torque Sensors
        2. Growth of Emerging Markets (Asia-Pacific, Latin America)
        3. Rising Adoption of Predictive Maintenance Solutions
        4. Expansion of Autonomous Vehicle and Robotics Industries
        5. Increasing Demand for Torque Sensors in Test and Measurement Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Torque Sensor Market, By Type, 2021 - 2031 (USD Million)
      1. Rotary Torque Sensor
      2. Reaction Torque Sensor
    2. Global Torque Sensor Market, By Technology, 2021 - 2031 (USD Million)
      1. SAW
      2. Optical
      3. Strain Gauge
      4. Magnetoelastic
    3. Global Torque Sensor Market, By Application, 2021 - 2031 (USD Million)
      1. Aerospace & Defense
      2. Industrial
      3. Automotive
      4. Test & Measurement
    4. Global Torque Sensor Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Photron

      2. NAC Image Technology

      3. Vision Research

      4. PCO AG

      5. Mikrotron

      6. Optronis

      7. Integrated Design Tools

      8. Monitoring Technology

      9. AOS Technologies

      10. Fastec Imaging

  7. Analyst Views
  8. Future Outlook of the Market