Torque sensors are devices used to measure torque produced by rotating systems in crankshaft, bicycle crank, transmissions, and helicopter tail rotor and engine. Torque measurement is required for technological applications such as engine and transmission testing, turbine testing, pump testing, and measurement of power within propulsion systems. Medical is one of the leading applications of torque sensors. The market is expected to grow up to $134.92 million by 2018 from $80.45 million in 2013, at a CAGR of 11%. The major market in medical applications is for rotatory sensors followed by static sensors.
The key players of the market covered in the report are ABB (Switzerland), Applied Measurements (U.K.), Crane Electronics (U.K.), Futek Advanced Sensor Technology (U.S.), HBM (Germany), Honeywell (U.S.), Kistler Instrumente AG (Switzerland), MagCanica (U.S.), and PCB Piezotronics (U.S.)
Customization Options
Along with the market data, you can also customize MMM assessments that meet your company’s specific needs. Customize to get an insight into industry standards and deep-dive analysis of the following parameters:
Technological Analysis
- Usage pattern of various technologies such as rotary, static/reaction, magnetoelastic, and surface acoustic wave (SAW) in medical applications
- Product matrix which gives a detailed comparison of technological portfolio of each company mapped by medical applications
- End-user adoption rate analysis of the technological segment-wise
Competitive Analysis
- Product specific and region-specific market share analysis of top players
- Key developments of each top player that affect the market dynamics
Geographical Analysis
- The consumption pattern of torque sensors in medical applications based on geography that covers North America, APAC, Europe, and Latin America
Please fill in the form below to receive a free copy of the Summary of this Report
Please visit http://www.micromarketmonitor.com/custom-research-services.html to specify your custom Research Requirement