LAMEA Torque Sensor Market

LAMEA Torque Sensor Market By Type (Rotary Torque Sensors and Reaction Torque Sensors) By Technology (Strain Gauge, Magnetoelastic, Surface Acoustic Wave and Others) By Application (Automotive, Test & Measurement, Aerospace & Defense, Industrial and Others) By Country, Industry Analysis and Forecast, 2019 - 2025

Report Id: KBV-3921 Publication Date: April-2020 Number of Pages: 93
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Market Report Description

The Latin America, Middle East and Africa Torque Sensor Market would witness market growth of 9.2% CAGR during the forecast period (2019-2025). Reaction torque sensors are used in situations where the cable is not damaged by limited rotation. Its use minimizes error that might occur because of rotating component inertia. They are used to calibrate torque wrenches, test aircraft fasteners for breaking torque and track the opening torque of child-proof containers. Many widely accepted methods for measuring torque depend on machine train mounting transducers or rotating shaft. These processes, with few exceptions, employ strain gauges. Each approach has both advantages and disadvantages, many of which are based on implementation. A detailed understanding of the application is a requisite for the best solution.

Two popular ways to extract torque measurements are through strain-gauging the shaft and by using in-line torque cells. Both have two technological obstacles, getting power over the stationary/rotating distance to the gauges, as well as getting back the signal. The techniques of bridging the gap are either contact or contactless. A torque sensor is a transducer that transforms a mechanical torsional input into a signal for electrical output. In other words, the torque sensor is called a tool used for recording and calculating the torque of a rotating mechanism. Machines such as gearboxes, engines, electric motors, and crankshafts form part of the rotating system, and torque sensors ensure high quality and performance optimization of the system.

The adoption of torque sensor across the commercial sector is estimated to accelerate at a rapid rate over the forecast period. This trend can be associated with various factors like increased demand for high performance vehicles, extensive penetration of EPS in passenger vehicles, and a surge in the demand for new torque measurement technologies. However, high installation costs are likely to impede global market growth. In the commercial sector, the demand for torque sensors is evaluated and measured according to the impacts of drivers, restrictions, and opportunities.

Based on Type, the market is segmented into Rotary Torque Sensors and Reaction Torque Sensors. Based on Technology, the market is segmented into Strain Gauge, Magnetoelastic, Surface Acoustic Wave and Others. Based on Application, the market is segmented into Automotive, Test & Measurement, Aerospace & Defense, Industrial and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

Free Valuable Insights: Torque Sensor Market in LAMEA is expected to register a CAGR of 9.2% during the forecast period (2019-2025)

The market research report covers theanalysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., ABB Group, Infineon Technologies AG, MTS Systems Corporation (PCB Piezotronics, Inc.), Snap-On, Inc. (Norbar Torque Tools), Crane Electronics, Ltd., FUTEK Advanced Sensor Technology, Inc, Applied Measurements Ltd., Kistler Group (Kistler Holding AG), and MagCanica, Inc.

Scope of the LAMEA Torque Sensor Market Analysis

Market Segmentation:

By Type

  • Rotary Torque Sensors
  • Reaction Torque Sensors

By Technology

  • Strain Gauge
  • Magnetoelastic
  • Surface Acoustic Wave
  • Others

By Application

  • Automotive
  • Test & Measurement
  • Aerospace & Defense
  • Industrial
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

  • Honeywell International, Inc.
  • ABB Group
  • Infineon Technologies AG
  • MTS Systems Corporation (PCB Piezotronics, Inc.)
  • Snap-On, Inc. (Norbar Torque Tools)
  • Crane Electronics, Ltd.
  • FUTEK Advanced Sensor Technology, Inc
  • Applied Measurements Ltd.
  • Kistler Group (Kistler Holding AG)
  • MagCanica, Inc.
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