2022 Torque Sensor Market Advance Technology, Business Overview, Forecast 2031 | ABB Group, Applied Measurements Ltd., Crane Electronics Ltd., FUTEK Advanced Sensor Technology Inc

The Torque Sensor Global Market Report 2021-31 by The Business Research Company describes and explains the global torque sensor market and covers 2016 to 2021, termed the historic period, and 2022 to 2026, termed the forecast period, along with further forecasts for the period 2026-2031. The report evaluates the market across each region and for the major economies within each region.

The Torque Sensor Global Market Report 2022 covers torque sensor market drivers, torque sensor market trends, torque sensor market segments, torque sensor market growth rate, torque sensor market major players, and torque sensor market size.

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The torque sensor market report provides in-depth analysis of the impact of COVID-19 on the global torque sensor industry along with revised market numbers due to the effects of the coronavirus and the expected torque sensor market growth numbers for 2022-2031.

The global torque sensor market size is expected to grow from $6.68 billion in 2021 to $7.66 billion in 2022 at a compound annual growth rate (CAGR) of 14.63%. The growth in the market is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The global torque sensors market share is expected to reach $15.76 billion in 2026 at a CAGR of 19.77%.

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Torque Sensor Global Market Report 2022 is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The chapter on the impact of COVID-19 gives valuable insights on supply chain disruptions, logistical challenges, and other economic implications of the virus on the market. The chapter also covers markets which have been positively affected by the pandemic.

TBRC’s report covers the torque sensor market segments-
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

Top 5 Major Key Players Are:
ABB Group
Applied Measurements Ltd
Crane Electronics Ltd
FUTEK Advanced Sensor Technology Inc
Honeywell International Inc

Table Of Contents
1. Executive Summary
2. Torque Sensor Market Characteristics
3. Torque Sensor Market Trends And Strategies
4. Impact Of COVID-19 On Torque Sensor
5. Torque Sensor Market Size And Growth
……
26. Africa Torque Sensor Market
27. Torque Sensor Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Torque Sensor Market
29. Torque Sensor Market Future Outlook and Potential Analysis
30. Appendix

List Of Tables
Table 1: Global Historic Market Growth, 2016-2021, $ Billion
Table 2: Global Forecast Market Growth, 2021-2026F, 2031F, $ Billion
Table 3: Global Torque Sensor Market, Segmentation By Type, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Table 4: Global Torque Sensor Market, Segmentation By Technology, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
Table 5: Global Torque Sensor Market, Segmentation By Application, Historic and Forecast, 2016-2021, 2021-2026F, 2031F, $ Billion
……
Table 46: ABB Group Financial Performance
Table 47: Applied Measurements Ltd. Financial Performance
Table 48: Crane Electronics Ltd. Financial Performance
Table 49: FUTEK Advanced Sensor Technology Inc Financial Performance
Table 50: Honeywell International Inc. Financial Performance

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