According to a market report by Lucintel, the future of the global static torque sensor market looks promising with opportunities in the manufacturing, robotic, automotive, aerospace & defense, medical sector, agriculture, printing and packaging, and industrial markets. The global static torque sensor market is expected to reach an estimated $9 billion by 2030 from $7 billion in 2024 at a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are the growing significance of torque measurement, the increasing need for improved high-performance automobiles and global need for static torque sensors in the vehicle sector, along with the integration of digital and wireless features.
A more
than 150-page report to understand trends, opportunity and forecast in global static
torque sensor market to 2030 by product (single bond, double bond, flange, and
others), application (manufacturing, robotics, automotive, aerospace &
defense, medical sector, agriculture, printing and packaging, industrial, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World).
Lucintel
forecasts that, within the product category, flange is expected to witness the
highest growth over the forecast period because of its wide range of in-line
torque measuring applications.
In terms
of regions, APAC will remain the largest region over the forecast period due to
the growing usage of static torque sensor devices throughout the region.
Download
sample by clicking on static torque
sensor market.
Rivgasasha
are the major suppliers in the static
torque sensor market.
This unique research
report will enable you to make confident business decisions in this globally
competitive marketplace. For a detailed table of contents, contact Lucintel at
+1-972-636-5056 or write us at helpdesk@lucintel.com. To get access of more than 1000 reports at fraction of cost
visit Lucintel's Analytics
Dashboard.
About Lucintel
At Lucintel, we offer solutions for
you growth through game changer ideas and robust market &
unmet needs analysis. We are based in
Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20
years. We are quoted in several publications like the Wall Street Journal,
ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. +1-972-636-5056
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