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In this report, the overall torque sensor market is segmented on the basis of the following parameters: technology, application and geography; with each of these segments further divided into sub-categories.
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MarketsandMarkets Presents Rotary Market http://www.marketsandmarkets.com/Market-Reports/torque-sensor-market-1114.html
The "Torque Sensor Market - By Technology (Rotary, Static/Reaction, Magnetoelastic, IR, SAW, Optical), Application (Automotive, Industrial, Test & Measurement, Aerospace & Defense, Medical) and Geography, Global Forecast & Analysis (2013-2018)" , published by MarketsandMarkets, the value of torque sensor market was $869.73 million in 2012 and is expected to reach $1427.78 million in 2018, at an estimated CAGR of 8.5% from 2013 to 2018. In terms of volume, the total number of torque sensors shipped in 2012 was 525.78 thousand and the number is expected to reach 969.84 thousand by 2018. Browse>> 79 market data tables 34 figures spread through 329 pages In-depth TOC on “Rotary Market“ http://www.marketsandmarkets.com/Market-Reports/torque-sensor-market-1114.html
Global Torque Sensor Market, By Geography, 2011 – 2018 ($Million) Source: MarketsandMarkets Analysis http://www.marketsandmarkets.com/Market-Reports/torque-sensor-market-1114.html
Torque measurement and control is a critical parameter in most rotating parts, machines and devices to ensure high quality and performance optimization of the process or the whole system.With increased awareness regarding the importance of torque measurement, torque sensors have paved their path in diverse fields such as medical prosthetics, electric & hybrid automobiles’ engines, and so on. These potential applications are expected to be a major driving force behind the growth of global torque sensor market in near future. The development of non-contact and wireless torque sensors such as magnetoelastic, surface acoustic wave (SAW) and optical torque sensors will also boost the use of torque sensors in different fields. http://www.marketsandmarkets.com/Market-Reports/torque-sensor-market-1114.html
Quality control specifications like ISO 9000 have played a vital role too in the growth of torque sensor market. The demand for accurate torque measurement solutions is increasing in a phenomenal manner supporting the huge growth potential for torque sensors. This report covers the Global Torque Sensor Market and all its market aspects with future opportunities, drivers, restraints, burning issues and winning imperatives in detail. Major applications of torque sensors such as automotive, industrial, test & measurement, aerospace & defense, and medical applicationshave been discussed in the report. Automotive and industrial applications contribute to maximum share in overall torque sensor market. This report divides the overall torque sensor market into four major geographical segments: North America, Europe, Asia-Pacific (APAC), and Rest of the world (ROW). http://www.marketsandmarkets.com/Market-Reports/torque-sensor-market-1114.html
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About MarketsandMarkets MarketsandMarkets is a global market research and consulting company based in the U.S. We publish strategically analyzed market research reports and serve as a business intelligence partner to Fortune 500 companies across the world. MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom research services. They cover thirteen industry verticals, including advanced materials, automotives and transportation, banking and financial services, biotechnology, chemicals, consumer goods, energy and power, food and beverages, industrial automation, medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and IT. We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository. http://www.marketsandmarkets.com/Market-Reports/torque-sensor-market-1114.html