Global Torque Sensor Market Forecasts from 2018 to 2023: CAGR is Anticipated to Grow at 10.14% - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Aug 8, 2018--The “Torque Sensor Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The torque sensor market is projected to witness a compound annual growth rate of 10.14% to reach a total market size of US$2,402.272 million by 2023, from US$1,345.434 million in 2017.
Torque sensors are being increasingly used on the account of expanding application across various industries such as healthcare, and automotive among others.
Technological advancements and a high demand for precise and accurate torque measurement serve as a key factor boosting the market growth.
Rising demand for these sensors in healthcare sector due to the emergence of medical robotics and focus on providing better healthcare services is also contributing to the growing demand for these sensors over the forecast period.
Major industry players profiled as part of the report are Kistler Group, Crane Electronics Inc. and Datum Electronics among others.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Global Torque Sensor Market By Type
6. Global Torque Sensor Market By Industry Vertical
7. Global Torque Sensor Market By Geography
8. Competitive Intelligence
9. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/nh853z/global_torque?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20180808005331/en/
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Related Topics:Sensors ,Automotive Sensors
INDUSTRY KEYWORD: TECHNOLOGY OTHER TECHNOLOGY MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 08/08/2018 07:15 AM/DISC: 08/08/2018 07:16 AM