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North America Torque Sensor Market, by Type (Rotary, Static/Reaction, Magneto-elastic, SAW), by Application (Automotive, Industrial, Test & Measurement, Aerospace & Defense, Medical), by Geography - Analysis & Forecast To 2019

Publisher Name :
Date: 15-Apr-2015
No. of pages: 93

The North America torque sensor market is projected to grow at a CAGR of 7.3% from 2014 to 2019. This growth is primarily attributed to the increasing demand for better fuel efficiency, up-gradation to electric power steering systems, and rising trend towards condition-based maintenance.

In this report, the North America torque sensor market has been broadly classified into types, such as rotary, static/reaction, magneto-elastic, and SAW. The rotary torque sensors segment is projected to grow at a CAGR of 6.6% from 2014 to 2019. Rotary sensors are mainly used for strain measurement, engine and chassis dynamometer, efficiency testing, clutch and gearbox testing among others.

Geographically, the U.S. is estimated to command the highest share of 61.8% in the North America torque sensor market, followed by Canada. Factors influencing its market growth include the increasing applications of torque sensors in engine and propulsion, as well as primary systems. With the increase in demand of small cars and up-gradation of electric power steering, the torque sensor market is progressing at a rapid pace.

Major players in the North America torque sensor market are Futek Advanced Sensor Technology, Inc., Honeywell, HBM, ABB Ltd., and Crane Electronics among others. New product launches and partnerships, agreements, collaborations, and joint ventures are the key growth strategies adopted by these leading players to sustain its position in the torque sensor market.

Customization Options:

Along with the market data, you can also customize MMM assessments that are in accordance to your company's specific needs. Customize to get comprehensive industry standard and deep-dive analysis of the following parameters:

•Product Analysis:

  • Usage pattern (in-depth trend analysis) of products (segment-wise)
  • Product matrix, which gives a detailed comparison of product portfolio of each company mapped at country and sub-segment level
  • End-user adoption rate analysis of the products (segment-wise and country-wise)
  • Comprehensive coverage of product approvals, pipeline products, and product recalls.

Data from Manufacturing Firms:

  • Fast turn-around analysis of manufacturing firms' responses to recent market events and trends
  • Expert opinion about varied applications of torque sensors
  • Qualitative inputs on macro-economic indicators and mergers & acquisitions in each geography.

Comparative Analysis:

  • Market data and key developments of top companies

Shipment/Volume Data:

  • Tracking the value of components shipped annually in each geography

Trend analysis of Application:

  • Application matrix, which gives a detailed comparison of application portfolio of each company, mapped in each geography

North America Torque Sensor Market, by Type (Rotary, Static/Reaction, Magneto-elastic, SAW), by Application (Automotive, Industrial, Test & Measurement, Aerospace & Defense, Medical), by Geography - Analysis & Forecast To 2019

Table of Contents

1 Introduction 11
1.1 Objectives of the Study 11
1.2 Market Segmentation and Coverage 12
1.3 Stakeholders 13

2 Research Methodology 14
2.1 Integrated Ecosystem Of Torque Sensor Market 15
2.2 Arriving At the Market Size Of Global Torque Sensor Market 16
2.3 Top-Down Approach 16
2.4 Bottom-Up Approach 18
2.5 Demand Side Approach 19
2.6 Macroindicator Based Approach 20
2.6.1 Macro Indicator Based Approach: R&D Expenditure 20
2.7 Assumptions 21

3 Executive Summary 22

4 Market Overview 24
4.1 Introduction 24
4.2 Torque Sensor Market: Comparison With Parent Market 25
4.3 Market Drivers and Inhibitors 26
4.4 Key Market Dynamics 27
4.5 Demand Side Analysis 30

5 North America Torque Sensor Market, By Type 31
5.1 Introduction 32
5.2 North America Torque Sensor Market, Type Comparison With Parent Market 33
5.3 Rotary Torque Sensor 34
5.3.1 North America Rotary Torque Sensor Market, By Application 35
5.4 Static Torque Sensor 36
5.4.1 North America Static Torque Sensor Market, By Application 36
5.5 Magneto-Elastic Torque Sensor 37
5.5.1 North America Magneto-Elastic Torque Sensor Market, By Application 38
5.6 Surface Acoustic Wave (Saw) Torque Sensor 39
5.6.1 North America Surface Acoustic Wave (Saw) Torque Sensor Market, By Application 39

6 North America Torque Sensor Market, By Application 41
6.1 Introduction 42
6.2 North America Torque Sensor Market In Automotive Sector, By Geography 43
6.2.1 North America Torque Sensor Market In Automotive Sector, By Type 44
6.3 North America Torque Sensor Market In Industrial Sector, By Geography 45
6.3.1 North America Torque Sensor Market In Industrial Sector, By Type 46
6.4 North America Torque Sensor Market In Test & Measurement Sector, By Geography 47
6.4.1 North America Torque Sensor Market In Test & Measurement Sector, By Type 48
6.5 North America Torque Sensor Market In Aerospace & Defense Sector, By Geography 49
6.5.1 North America Torque Sensor Market In Aerospace & Defense Sector, By Type 50
6.6 North America Torque Sensor Market In Medical Sector, By Geography 51
6.6.1 North America Torque Sensor Market In Medical Sector, By Type 52

7 North America Torque Sensor Market, By Geography 54
7.1 Introduction 55
7.2 U.S. Torque Sensor Market 56
7.2.1 U.S. Torque Sensor Market, By Application 57
7.3 Canada Torque Sensor Market 59
7.3.1 Canada Torque Sensor Market, By Application 60
7.4 Mexico Torque Sensor Market 62

8 Torque Sensor Market : Competitive Landscape 65
8.1 Torque Sensor Market: Company Share Analysis 65
8.2 Company Presence In Torque Sensor Market, By Type 66
8.3 New Product Developments 67
8.4 Mergers and Acquisitions 69
8.5 Other Developments 70

9 North America Torque Sensor Market, By Company 71
(Overview, Financials, Products & Services, Strategy, and Developments)*
9.1 Futek Advanced Sensor Technology, Inc. 71
9.2 Honeywell 74
9.3 Hbm Ltd 78
9.4 Abb Ltd. 80
9.5 Pcb Piezotronics 83
9.6 Crane Electronics 86
*Details On Overview, Financials, Product & Services, Strategy, and Developments Might Not Be Captured In Case Of Unlisted Company

10 Appendix 88
10.1 Customization Options 88
10.1.1 Product Portfolio Analysis 88
10.1.2 Country Level Data Analysis 88
10.1.3 Product Comparison Of Various Competitors 88
10.1.4 Trade Analysis 88
10.2 Related Reports 89
10.3 Introducing Rt: Real Time Market Intelligence 90
10.3.1 RT Snapshots 91
10.3.1.1 Snapshot 1: Ecosystem 91
10.3.1.2 Snapshot 2: Quantitative Chart 91
10.3.1.3 Snapshot 3: Heat Map, Companies 92

List of Tables

Table 1 North America Torque Sensor Market Size, 2014 (USD MN) 17
Table 2 North America : Application Market, 2014 (USD MN) 19
Table 3 North America R&D Expenditure , 2012 & 2013 (USD MN) 20
Table 4 North America Torque Sensor Market: Comparison With Parent Market, 2013 - 2019 (USD MN) 26
Table 5 North America Torque Sensor Market: Drivers And Inhibitors 26
Table 6 North America Torque Sensor Market: By Application, 2013 - 2019 (USD MN) 28
Table 7 North America Torque Sensor Market: Application By Geography,2014 (USD MN) 28
Table 8 North America Torque Sensor Market: By Type, 2014 (USD MN) 29
Table 9 North America Torque Sensor Market: Application Markets,2013 - 2019 (USD MN) 30
Table 10 North America Torque Sensor Market, By Type, 2013 - 2019 (USD MN) 32
Table 11 North America Torque Sensor Market: Type Comparison With Parent Market, 2013-2019 (USD MN) 34
Table 12 North America Rotary Torque Sensor Market, By Application,2013-2019 (USD MN) 35
Table 13 North America Static Torque Sensor Market, By Application,2013-2019 (USD MN) 37
Table 14 North America Magneto-Elastic Torque Sensor Market, By Application, 2013-2019 (USD MN) 38
Table 15 North America Surface Acoustic Wave (Saw) Torque Sensor Market,By Application, 2013-2019 (USD MN) 40
Table 16 North America Torque Sensor Market, By Application, 2013 - 2019 (USD MN) 43
Table 17 North America Torque Sensor Market In Automotive Sector, By Geography, 2013 - 2019 (USD MN) 44
Table 18 North America Torque Sensor Market In Automotive Sector, By Type,2013 - 2019 (USD MN) 45
Table 19 North America Torque Sensor Market In Industrial Sector, By Geography, 2013 - 2019 (USD MN) 46
Table 20 North America Torque Sensor Market In Industrial Sector, By Type,2013 - 2019 (USD MN) 47
Table 21 North America Torque Sensor Market In Test & Measurement Sector,By Geography, 2013 - 2019 (USD MN) 48
Table 22 North America Torque Sensor Market In Test & Measurement Sector,By Type, 2013 - 2019 (USD MN) 49
Table 23 North America Torque Sensor Market In Aerospace & Defense Sector,By Geography, 2013 - 2019 (USD MN) 50
Table 24 North America Torque Sensor Market In Aerospace & Defense Sector,By Type, 2013 - 2019 (USD MN) 51
Table 25 North America Torque Sensor Market In Medical Sector, By Geography, 2013 - 2019 (USD MN) 52
Table 26 North America Torque Sensor Market In Medical Sector, By Type,2013 - 2019 (USD MN) 53
Table 27 North America Torque Sensor Market, By Geography, 2013 - 2019 (USD MN) 55
Table 28 U.S. Torque Sensor Market, By Application, 2013-2019 (USD MN) 57
Table 29 Canada Torque Sensor Market, By Application, 2013-2019 (USD MN) 60
Table 30 Mexico Torque Sensor Market, By Application, 2013-2019 (USD MN) 63
Table 31 Torque Sensor Market: Company Share Analysis, 2013 (%) 65
Table 32 North America Torque Sensor Market: New Product Developments 67
Table 33 North America Torque Sensor Market: Mergers And Acquisitions 69
Table 34 North America Torque Sensor Market: Other Developments 70
Table 35 Honeywell : Annual Revenue, By Business Segments, 2010-2014 (USD MN) 75
Table 36 Honeywell : Annual Revenue, By Geographical Segment, 2010-2014 (USD MN) 75
Table 37 Honeywell : Key Operating Data, 2010-2014 (USD MN) 76
Table 38 Abb Ltd. : Annual Revenue, By Business Segment, 2010-2013 (USD MN) 81
Table 39 Abb Ltd. : Annual Revenue, By Geographical Segment, 2010-2013 (USD MN) 81
Table 40 Abb Ltd. : Key Operating Data, 2010-2014 (USD MN) 81

List of Figures

Figure 1 North America Torque Sensor Market: Segmentation & Coverage 12
Figure 2 Torque Sensor Market: Integrated Ecosystem 15
Figure 3 Research Methodology 16
Figure 4 Top-Down Approach 17
Figure 5 Bottom-Up Approach 18
Figure 6 Demand Side Approach 19
Figure 7 R&D Expenditure 20
Figure 8 North America Torque Sensor Market Snapshot 23
Figure 9 Torque Sensor Market: Growth Aspects 25
Figure 10 Torque Sensor Market: Comparison With Parent Market 25
Figure 11 North America Torque Sensor Market, By Application,2014 & 2019 (USD MN) 27
Figure 12 North America Torque Sensor Market:Application By Geography,2014 (USD MN) 28
Figure 13 North America Torque Sensor Market, By Type, 2014 (USD MN) 29
Figure 14 Demand Side Analysis 30
Figure 15 North America Torque Sensor Market, By Type, 2014 & 2019 (USD MN) 32
Figure 16 North America Torque Sensor Market: Type Comparison With Parent Market, 2013-2019 (USD MN) 33
Figure 17 North America Rotary Torque Sensor Market, By Application,2013-2019 (USD MN) 35
Figure 18 North America Static Torque Sensor Market, By Application,2013-2019 (USD MN) 36
Figure 19 North America Magneto-Elastic Torque Sensor Market, By Application, 2013-2019 (USD MN) 38
Figure 20 North America Surface Acoustic Wave (Saw) Torque Sensor Market,By Application, 2013-2019 (USD MN) 39
Figure 21 North America Torque Sensor Market, By Application,2014 & 2019 (USD MN) 42
Figure 22 North America Torque Sensor Market In Automotive Sector,By Geography, 2013 - 2019 (USD MN) 43
Figure 23 North America Torque Sensor Market In Automotive Sector, By Type,2014 & 2019 (USD MN) 44
Figure 24 North America Torque Sensor Market In Industrial Sector, By Geography, 2013 - 2019 (USD MN) 45
Figure 25 North America Torque Sensor Market In Industrial Sector, By Type,2014 & 2019 (USD MN) 46
Figure 26 North America Torque Sensor Market In Test & Measurement Sector,By Geography, 2013 - 2019 (USD MN) 47
Figure 27 North America Torque Sensor Market In Test & Measurement Sector,By Type, 2014 & 2019 (USD MN) 48
Figure 28 North America Torque Sensor Market In Aerospace & Defense Sector,By Geography, 2013 - 2019 (USD MN) 49
Figure 29 North America Torque Sensor Market In Aerospace & Defense Sector,By Type, 2014 & 2019 (USD MN) 50
Figure 30 North America Torque Sensor Market In Medical Sector, By Geography, 2013 - 2019 (USD MN) 51
Figure 31 North America Torque Sensor Market In Medical Sector, By Type,2014 & 2019 (USD MN) 52
Figure 32 North America Torque Sensor Market: Growth Analysis, By Geography, 2014-2019 (USD MN) 55
Figure 33 U.S. Torque Sensor Market, Application Overview, 2014 & 2019 (%) 56
Figure 34 U.S. Torque Sensor Market, By Application, 2013-2019 (USD MN) 57
Figure 35 U.S. Torque Sensor Market: Application Snapshot 58
Figure 36 Canada Torque Sensor Market, Application Overview, 2014 & 2019 (%) 59
Figure 37 Canada Torque Sensor Market, By Application, 2013-2019 (USD MN) 60
Figure 38 Canada Torque Sensor Market: Application Snapshot 61
Figure 39 Mexico Torque Sensor Market, Application Overview, 2014 & 2019 (%) 62
Figure 40 Mexico Torque Sensor Market, By Application, 2013-2019 (USD MN) 63
Figure 41 Mexico Torque Sensor Market: Application Snapshot 64
Figure 42 Torque Sensor Market: Company Share Analysis, 2013 (%) 65
Figure 43 Torque Sensor: Company Product Coverage, By Type, 2014 66

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