The most common
torque sensor measurement principle utilizes bonded strain gauge technology,
where the strain gauges are bonded to a suitably designed shaft. Improvements
in modern strain gauge torque sensors are allowing for high precision
measurements and compatibility with a wide range of instruments, strain gauge
technology is expected to be the dominant technology for torque sensors.
What will be
the dynamics for the adoption of torque sensors based on type?
Due to their
maintenance-free operation and wide application areas, the market for
noncontact-based torque sensors is expected to have a higher share. They can
cover a wide range of torque forces and are hence suitable for general
applications such as electric motor testing, pump torque testing, and gearbox
testing.
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How will
technological developments in new torque sensor technologies change the torque
sensor landscape in the future?
A lot of new
technologies for torque measurement have evolved over the past few years,
primary ones are the magnetoelastic, optical, and SAW technologies. Apart from
being compact and lightweight, the sensors based on these technologies have
excellent linearity, considerable resolution, and fair electromagnetic noise
immunity.
Which region
is expected to adopt torque sensors at a fast rate?
APAC is expected to
adopt torque sensors
market at the
fastest rate. China is the largest vehicle manufacturer in the world. Japan and
South Korea are also the major exporters of motor vehicles globally. Due to
large-scale manufacturing and significant investments in new vehicle
technologies, the automotive industry is expected to play a vital role in the
growth of the torque sensor market in the region.
What are the
key market dynamics influencing market growth? How will they turn into
strengths or weaknesses of companies operating in the market space?
Growing importance
of torque measurement in technological applications such as engine and
transmission testing, turbine testing, pump testing, and power measurement
andIncreasing application of torque sensors for electric power steering (EPS)
systems and advanced high-performance vehicles are expected to be the key
market drivers influencing growth. .
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