According to a new report Asia Pacific Torque Sensor Market, published by KBV research, the Asia Pacific Torque Sensor Market would witness market growth of 7.7% CAGR during the forecast period (2019-2025).
The China market dominated the Asia Pacific Magnetoelastic Torque Sensor Market by Country in 2018, and would continue to be a dominant market till 2025. The Japan market is experiencing a CAGR of 6.3% during (2019 - 2025). Additionally, The India market is anticipated to grow at a CAGR of 7.6% during (2019 - 2025).
The Automotive market dominated the Malaysia Torque Sensor Market by Application in 2018, thereby, achieving a market value of $109.1 million by 2025. The Test & Measurement market is witnessing a CAGR of 10.7% during (2019 - 2025). The Aerospace & Defense market is experiencing a CAGR of 11.3% during (2019 - 2025). Additionally, The Industrial market is poised to grow at a CAGR of 10.9% during (2019 - 2025).
The Rotary Torque Sensors market dominated the Singapore Torque Sensor Market by Type in 2018, growing at a CAGR of 9.2 % during the forecast period. The Reaction Torque Sensors market is expected to witness a CAGR of 13% during (2019 - 2025).
Structural Insights: https://www.kbvresearch.com/asia-pacific-torque-sensor-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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.
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