North America Torque Sensor Market is Expected to Reach $452.0 Million by 2019

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Worlds 1st Real Time Market Intelligence
MicroMarket Monitor
Forecasts

• North America Torque Sensor Market is Expected to
  Reach 452.0 Million by 2019

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The North America torque sensor market report
defines and segments the concerned market with
analysis and forecast of revenue. This market was
valued at 318.4 million in 2014, and is expected
to reach 452.0 million by 2019, at a CAGR of
7.3 from 2014 to 2019.
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The expansion of the North American torque sensor
market is primarily attributed to the
technological advancements made in the field of
torque sensing technologies. The up-gradation to
electric power steering systems has become one of
the most significant drivers influencing the
growth of the torque sensor market in North
America.
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Browse through the TOC of North America torque
sensor market for an in-depth analysis of the
industry trends and segments, with help of
various tables and figures. http//www.micromarket
monitor.com/market/north-america-torque-sensor-495
3569252.html

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Europe Torque Sensor Market

• Europe is one of the most technically advanced
  application markets for torque sensors, due to
  the presence of prominent system suppliers, large
  semiconductor companies, competitive aerospace
  defenses, and medical original equipment
  manufacturers (OEMs) in this region.

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• The importance of torque sensors across various
  applications has been widely prevalent across
  varied end-users applications of this market. The
  use of strain gauge is one of the oldest
  techniques of torque measurement that is being
  employed till date. However, recent advancements
  in the torque sensing technology have led to the
  development of several new varieties of torque
  sensors.
• http//www.micromarketmonitor.com/market/europe-to
  rque-sensor-1214389037.html

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Asia-Pacific Torque Sensor Market

• A torque sensor also known as torque transducer
  or torque meter is a device used to measure and
  record the torque on a rotating system, such as
  an engine, crankshaft, gearbox, transmission,
  rotor, a bicycle crank or cap torque tester. This
  report segments the Asia-Pacific torque sensor
  market by type, application, and country. Type
  segment includes torque sensors such as rotary,
  static/reaction, magneto elastic, and Surface
  Acoustic Wave (SAW) torque sensors. Rotary torque
  sensor dominates the torque sensor market, it
  accounted for the largest share in 2013 with
  139.1 million due to high demand from the
  automotive sector.

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• The Asia-Pacific torque sensor market report
  defines and segments the market of torque sensors
  in Asia-Pacific with analysis and forecast of
  revenue. The market is expected to grow from
  288.8 million in 2013 to 441.7 million by 2018,
  at an estimated CAGR of 8.9 from 2013 to 2018.
• The major players presence in the Asia-Pacific
  torque sensor market are FUTEK Advanced Sensor
  Technology, Inc., Honeywell Sensing and Control,
  ESI Technology Ltd., Measurement Specialties
  Inc., Minebea Co. Ltd., and Kyowa Electronic
  Instruments Co. Ltd.
• http//www.micromarketmonitor.com/market/asia-paci
  fic-torque-sensor-7348684454.html

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