Torque Sensor Market Size, Share, Strategic Outlook, 2026-2034

Market Overview

According to fortune business insights, the global torque sensor market size was valued at USD 11.58 billion in 2025. The market is projected to grow from USD 12.24 billion in 2026 to USD 20.73 billion by 2034, exhibiting a CAGR of 6.8% during the forecast period. Asia Pacific dominated the torque sensor market with a market share of 41.27% in 2025.

The analysis shows that top companies are investing more in advanced torque sensors as industries demand greater accuracy, reliability, and efficiency. For example, HBK launched its next-generation T110/T100 torque sensor for advanced powertrain and EV testing. This trend indicates a strong demand for high-performance torque measurement worldwide.

Major Players Profiled in the Market Report:

  • HBK (Germany)
  • Kistler Group (Switzerland)
  • TE Connectivity (Switzerland)
  • Vishay Precision Group (U.S.)
  • Honeywell International (U.S.)
  • Futek Advanced Sensor Technology (U.S.)
  • Althen Sensors & Controls (Netherlands)
  • Lorenz Messtechnik GmbH (Germany)
  • Sensor Technology Ltd (U.K.)
  • Nidec Corporation (Japan)

Segments

Expansion of Automotive and Industrial Automation Boosts Rotary Torque Sensors Growth
Based on type, the market is divided into rotary torque sensors and reaction torque sensors. The rotary torque sensors segment holds the largest market share and dominates the market owing to its expanding use in automotive Electric Power Steering (EPS) systems and various industrial applications for real-time control and monitoring.

Rising Demand for Reliable Sensors Drives Strain Gauge Segment Growth
By technology, the market is categorized into strain gauge, magnetoelastic, surface acoustic wave, and optical. The strain gauge segment is leading the market as there is high demand for this proven, reliable, and cost-effective technology across a wide range of applications in automotive, industrial automation, and testing.

Growth of Electric Vehicles Boosts Automotive Sector’s Dominance
Based on industry, the market is segmented into industrial, automotive, test & measurement, aerospace & defense, healthcare, and others. The automotive segment holds the largest market share owing to the rapid adoption of Electric Vehicles (EVs) and Advanced Driver Assistance Systems (ADAS), which require precise torque measurement for motor control and safety systems.

Report Coverage

The report offers:

  • Major growth drivers, restraining factors, opportunities, and potential challenges for the market.
  • Comprehensive insights into regional developments.
  • List of major industry players.
  • Key strategies adopted by the market players.
  • The latest industry developments include product launches, partnerships, mergers, and acquisitions.

For detailed market insights: https://www.fortunebusinessinsights.com/torque-sensors-market-110879

Drivers & Restraints

Increasing Adoption of Automation and Robotics to Propel Market Growth
The rapid growth in automation and robotics across all industries has raised the demand for torque sensors to provide accurate feedback for motion control, assembly, and quality assurance, boosting the torque sensor market growth. This trend is driven by the need to increase efficiency and fill labor gaps.

However, the high cost of advanced sensors, particularly non-contact types like magnetoelastic and surface acoustic wave sensors, may hamper market growth by limiting their adoption in budget-constrained industries or highly competitive markets.

Regional Insights

Rapid Industrialization and EV Expansion Propels Market Growth in Asia Pacific
Asia Pacific holds the dominant torque sensor market share and is projected to experience strong growth during the forecast period. The region’s growth is attributed to rapid industrialization, high demand for automation, and the expanding automotive and Electric Vehicle (EV) sectors in countries such as China, Japan, and India.

Demand for Advanced Technologies Drives Growth in North America
North America is the second-largest region in the market. The growth is attributed to strong demand for advanced automotive technologies, including EVs and autonomous driving, as well as a high focus on industrial automation, robotics, and IoT integration across manufacturing, aerospace, and energy sectors.

Torque Sensor Market Future Growth:

The torque sensor market is experiencing robust growth, fueled by the expansion of electric vehicles, the rise of industrial automation and Industry 4.0, and the increasing integration of IoT and AI technologies. Today's industries are increasingly drawn to sensors that provide high-precision data for predictive maintenance, performance optimization, and enhanced safety. Additionally, there's a growing interest in non-contact and wireless sensing solutions that offer durability and flexibility in harsh environments. The rapid expansion of robotics and the demand for greater energy efficiency are also key growth drivers. While Asia Pacific continues to dominate due to its manufacturing prowess, North America and Europe are seeing a surge in demand for advanced sensors for high-tech automotive and industrial applications.

Competitive Landscape

Focus on Expanding Product Portfolios to Propel Market Growth
The market features prominent players like HBK, Kistler Group, and TE Connectivity. These leading companies are accelerating growth through strategic initiatives such as expanding their automotive and industrial sensor portfolios, developing non-contact and high-precision technologies, and collaborating with OEMs and robotics manufacturers. Their proactive approach to integrating sensors with digital and AI platforms continues to fuel the market’s momentum.

Key Industry Development

  • December 2025: Sensor Technology introduced the SGR523 digital rotary torque sensor with an integrated angle encoder, designed for torque-angle monitoring in manufacturing and process control.
  • June 2024: HBK launched its next-generation T110/T100 torque sensor with integrated telemetry, showcasing advanced torque measurement for powertrain testing and electric vehicle applications.