The Latin America, Middle East and Africa Torque Sensor Market would witness market growth of 9.5% CAGR during the forecast period (2024-2031). In the year 2027, the LAMEA market's volume is expected to surge to 1,055.1 thousand units, showcasing a growth of 11.5% (2024-2031).
Strain gauge technology is a fundamental aspect of torque sensors, including both rotary and reaction types. These sensors utilize strain gauges, which are small devices that change resistance when subjected to mechanical strain or deformation. In torque sensors, strain gauges are strategically placed on a torsionally flexible element, such as a shaft or a torsion bar, which deforms slightly when torque is applied. This deformation causes the strain gauges to stretch or compress, altering their electrical resistance in proportion to the torque applied. Therefore, the Brazil market utilized 110.07 strain gauged sensors in 2023.
The Brazil market dominated the LAMEA Torque Sensor Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $435.1 million by 2031. The Argentina market is showcasing a CAGR of 10.4% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 9.2% during (2024 - 2031).
Advancements in sensor fusion techniques, such as integrating torque sensors with other sensors like accelerometers, gyroscopes, and position sensors, enable multi-axis force and torque measurement with higher accuracy and precision. This integrated approach enhances the versatility and functionality of torque sensing systems, allowing for comprehensive motion analysis and control in complex applications.
Furthermore, developments in materials science have led to the emergence of flexible and conformable torque sensors that can be integrated into curved or irregular surfaces, opening up new possibilities for torque measurement in unconventional environments. Additionally, using advanced signal processing algorithms, machine learning, and artificial intelligence (AI) techniques enables predictive modeling, anomaly detection, and optimization of torque sensing systems for enhanced performance and reliability.
With the adoption of Industry 4.0 principles, UAE manufacturers are increasingly integrating automation and smart technologies into their production processes. Torque sensors are integral to automated manufacturing systems, enabling real-time monitoring and control of torque levels for enhanced productivity and quality assurance. As per the Government of the U.A.E, the value added to GDP in 2020 for the manufacturing industry was USD 34.75 billion. Furthermore, with the rise of automotive manufacturing plants in Saudi Arabia, torque sensors will be crucial for ensuring the quality and reliability of vehicles being produced. As per the data provided in 2021 by the International Trade Administration, the automotive sector in Middle East and North Africa (MENA) region was experiencing a 36% growth rate, with Saudi Arabia emerging as the primary industry in the area. In 2020, Saudi Arabia constituted 35% of the vehicles sold in the MENA region and nearly 52% of the vehicles sold in the Gulf Cooperation Council (GCC). In 2019, 556 thousand vehicles were sold in Saudi Arabia; in 2020, 436 thousand vehicles were sold. The projected sales figure by 2025 is 543,000 units. Hence, the growing automotive and manufacturing sectors in LAMEA will pose lucrative growth prospects for the regional torque sensor market.
Free Valuable Insights: The Worldwide Torque Sensor Market is Projected to reach USD 21.8 Billion by 2031, at a CAGR of 7.6%
Based on Type, the market is segmented into Rotary Torque Sensors, and Reaction Torque Sensors. Based on Application, the market is segmented into Automotive, Aerospace & Defense, Test & Measurement, Industrial, and Others. Based on Technology, the market is segmented into Strain Gauge, Magnetoelastic, Surface Acoustic Wave, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
List of Key Companies Profiled
- Honeywell International, Inc.
- ABB Ltd.
- Amphenol Corporation (PCB Piezotronics, Inc.)
- Sensor Technology Ltd.
- FUTEK Advanced Sensor Technology, Inc.
- TE Connectivity Ltd.
- ATI Industrial Automation, Inc. (Novanta, Inc.)
- Spectris PLC (HBM)
- Interface, Inc.
- Datum Electronics Ltd. (Indutrade AB)
LAMEA Torque Sensor Market Report Segmentation
By Type (Volume, Thousand Units, USD Billion, 2020-2031)
- Rotary Torque Sensors
- Reaction Torque Sensors
By Application (Volume, Thousand Units, USD Billion, 2020-2031)
- Automotive
- Aerospace & Defense
- Test & Measurement
- Industrial
- Others
By Technology (Volume, Thousand Units, USD Billion, 2020-2031)
- Strain Gauge
- Magnetoelastic
- Surface Acoustic Wave
- Others
By Country (Volume, Thousand Units, USD Billion, 2020-2031)
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
TABLE 1 LAMEA Torque Sensor Market, 2020 - 2023, USD Million
TABLE 2 LAMEA Torque Sensor Market, 2024 - 2031, USD Million
TABLE 3 LAMEA Torque Sensor Market, 2020 - 2023, Thousand Units
TABLE 4 LAMEA Torque Sensor Market, 2024 - 2031, Thousand Units
TABLE 5 LAMEA Torque Sensor Market by Type, 2020 - 2023, USD Million
TABLE 6 LAMEA Torque Sensor Market by Type, 2024 - 2031, USD Million
TABLE 7 LAMEA Torque Sensor Market by Type, 2020 - 2023, Thousand Units
TABLE 8 LAMEA Torque Sensor Market by Type, 2024 - 2031, Thousand Units
TABLE 9 LAMEA Rotary Torque Sensors Market by Country, 2020 - 2023, USD Million
TABLE 10 LAMEA Rotary Torque Sensors Market by Country, 2024 - 2031, USD Million
TABLE 11 LAMEA Rotary Torque Sensors Market by Country, 2020 - 2023, Thousand Units
TABLE 12 LAMEA Rotary Torque Sensors Market by Country, 2024 - 2031, Thousand Units
TABLE 13 LAMEA Reaction Torque Sensors Market by Country, 2020 - 2023, USD Million
TABLE 14 LAMEA Reaction Torque Sensors Market by Country, 2024 - 2031, USD Million
TABLE 15 LAMEA Reaction Torque Sensors Market by Country, 2020 - 2023, Thousand Units
TABLE 16 LAMEA Reaction Torque Sensors Market by Country, 2024 - 2031, Thousand Units
TABLE 17 LAMEA Torque Sensor Market by Application, 2020 - 2023, USD Million
TABLE 18 LAMEA Torque Sensor Market by Application, 2024 - 2031, USD Million
TABLE 19 LAMEA Torque Sensor Market by Application, 2020 - 2023, Thousand Units
TABLE 20 LAMEA Torque Sensor Market by Application, 2024 - 2031, Thousand Units
TABLE 21 LAMEA Automotive Market by Country, 2020 - 2023, USD Million
TABLE 22 LAMEA Automotive Market by Country, 2024 - 2031, USD Million
TABLE 23 LAMEA Automotive Market by Country, 2020 - 2023, Thousand Units
TABLE 24 LAMEA Automotive Market by Country, 2024 - 2031, Thousand Units
TABLE 25 LAMEA Aerospace & Defense Market by Country, 2020 - 2023, USD Million
TABLE 26 LAMEA Aerospace & Defense Market by Country, 2024 - 2031, USD Million
TABLE 27 LAMEA Aerospace & Defense Market by Country, 2020 - 2023, Thousand Units
TABLE 28 LAMEA Aerospace & Defense Market by Country, 2024 - 2031, Thousand Units
TABLE 29 LAMEA Test & Measurement Market by Country, 2020 - 2023, USD Million
TABLE 30 LAMEA Test & Measurement Market by Country, 2024 - 2031, USD Million
TABLE 31 LAMEA Test & Measurement Market by Country, 2020 - 2023, Thousand Units
TABLE 32 LAMEA Test & Measurement Market by Country, 2024 - 2031, Thousand Units
TABLE 33 LAMEA Industrial Market by Country, 2020 - 2023, USD Million
TABLE 34 LAMEA Industrial Market by Country, 2024 - 2031, USD Million
TABLE 35 LAMEA Industrial Market by Country, 2020 - 2023, Thousand Units
TABLE 36 LAMEA Industrial Market by Country, 2024 - 2031, Thousand Units
TABLE 37 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 38 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 39 LAMEA Others Market by Country, 2020 - 2023, Thousand Units
TABLE 40 LAMEA Others Market by Country, 2024 - 2031, Thousand Units
TABLE 41 LAMEA Torque Sensor Market by Technology, 2020 - 2023, USD Million
TABLE 42 LAMEA Torque Sensor Market by Technology, 2024 - 2031, USD Million
TABLE 43 LAMEA Torque Sensor Market by Technology, 2020 - 2023, Thousand Units
TABLE 44 LAMEA Torque Sensor Market by Technology, 2024 - 2031, Thousand Units
TABLE 45 LAMEA Strain Gauge Market by Country, 2020 - 2023, USD Million
TABLE 46 LAMEA Strain Gauge Market by Country, 2024 - 2031, USD Million
TABLE 47 LAMEA Strain Gauge Market by Country, 2020 - 2023, Thousand Units
TABLE 48 LAMEA Strain Gauge Market by Country, 2024 - 2031, Thousand Units
TABLE 49 LAMEA Magnetoelastic Market by Country, 2020 - 2023, USD Million
TABLE 50 LAMEA Magnetoelastic Market by Country, 2024 - 2031, USD Million
TABLE 51 LAMEA Magnetoelastic Market by Country, 2020 - 2023, Thousand Units
TABLE 52 LAMEA Magnetoelastic Market by Country, 2024 - 2031, Thousand Units
TABLE 53 LAMEA Surface Acoustic Wave Market by Country, 2020 - 2023, USD Million
TABLE 54 LAMEA Surface Acoustic Wave Market by Country, 2024 - 2031, USD Million
TABLE 55 LAMEA Surface Acoustic Wave Market by Country, 2020 - 2023, Thousand Units
TABLE 56 LAMEA Surface Acoustic Wave Market by Country, 2024 - 2031, Thousand Units
TABLE 57 LAMEA Others Market by Country, 2020 - 2023, USD Million
TABLE 58 LAMEA Others Market by Country, 2024 - 2031, USD Million
TABLE 59 LAMEA Others Market by Country, 2020 - 2023, Thousand Units
TABLE 60 LAMEA Others Market by Country, 2024 - 2031, Thousand Units
TABLE 61 LAMEA Torque Sensor Market by Country, 2020 - 2023, USD Million
TABLE 62 LAMEA Torque Sensor Market by Country, 2024 - 2031, USD Million
TABLE 63 LAMEA Torque Sensor Market by Country, 2020 - 2023, Thousand Units
TABLE 64 LAMEA Torque Sensor Market by Country, 2024 - 2031, Thousand Units
TABLE 65 Brazil Torque Sensor Market, 2020 - 2023, USD Million
TABLE 66 Brazil Torque Sensor Market, 2024 - 2031, USD Million
TABLE 67 Brazil Torque Sensor Market, 2020 - 2023, Thousand Units
TABLE 68 Brazil Torque Sensor Market, 2024 - 2031, Thousand Units
TABLE 69 Brazil Torque Sensor Market by Type, 2020 - 2023, USD Million
TABLE 70 Brazil Torque Sensor Market by Type, 2024 - 2031, USD Million
TABLE 71 Brazil Torque Sensor Market by Type, 2020 - 2023, Thousand Units
TABLE 72 Brazil Torque Sensor Market by Type, 2024 - 2031, Thousand Units
TABLE 73 Brazil Torque Sensor Market by Application, 2020 - 2023, USD Million
TABLE 74 Brazil Torque Sensor Market by Application, 2024 - 2031, USD Million
TABLE 75 Brazil Torque Sensor Market by Application, 2020 - 2023, Thousand Units
TABLE 76 Brazil Torque Sensor Market by Application, 2024 - 2031, Thousand Units
TABLE 77 Brazil Torque Sensor Market by Technology, 2020 - 2023, USD Million
TABLE 78 Brazil Torque Sensor Market by Technology, 2024 - 2031, USD Million
TABLE 79 Brazil Torque Sensor Market by Technology, 2020 - 2023, Thousand Units
TABLE 80 Brazil Torque Sensor Market by Technology, 2024 - 2031, Thousand Units
TABLE 81 Argentina Torque Sensor Market, 2020 - 2023, USD Million
TABLE 82 Argentina Torque Sensor Market, 2024 - 2031, USD Million
TABLE 83 Argentina Torque Sensor Market, 2020 - 2023, Thousand Units
TABLE 84 Argentina Torque Sensor Market, 2024 - 2031, Thousand Units
TABLE 85 Argentina Torque Sensor Market by Type, 2020 - 2023, USD Million
TABLE 86 Argentina Torque Sensor Market by Type, 2024 - 2031, USD Million
TABLE 87 Argentina Torque Sensor Market by Type, 2020 - 2023, Thousand Units
TABLE 88 Argentina Torque Sensor Market by Type, 2024 - 2031, Thousand Units
TABLE 89 Argentina Torque Sensor Market by Application, 2020 - 2023, USD Million
TABLE 90 Argentina Torque Sensor Market by Application, 2024 - 2031, USD Million
TABLE 91 Argentina Torque Sensor Market by Application, 2020 - 2023, Thousand Units
TABLE 92 Argentina Torque Sensor Market by Application, 2024 - 2031, Thousand Units
TABLE 93 Argentina Torque Sensor Market by Technology, 2020 - 2023, USD Million
TABLE 94 Argentina Torque Sensor Market by Technology, 2024 - 2031, USD Million
TABLE 95 Argentina Torque Sensor Market by Technology, 2020 - 2023, Thousand Units
TABLE 96 Argentina Torque Sensor Market by Technology, 2024 - 2031, Thousand Units
TABLE 97 UAE Torque Sensor Market, 2020 - 2023, USD Million
TABLE 98 UAE Torque Sensor Market, 2024 - 2031, USD Million
TABLE 99 UAE Torque Sensor Market, 2020 - 2023, Thousand Units
TABLE 100 UAE Torque Sensor Market, 2024 - 2031, Thousand Units
TABLE 101 UAE Torque Sensor Market by Type, 2020 - 2023, USD Million
TABLE 102 UAE Torque Sensor Market by Type, 2024 - 2031, USD Million
TABLE 103 UAE Torque Sensor Market by Type, 2020 - 2023, Thousand Units
TABLE 104 UAE Torque Sensor Market by Type, 2024 - 2031, Thousand Units
TABLE 105 UAE Torque Sensor Market by Application, 2020 - 2023, USD Million
TABLE 106 UAE Torque Sensor Market by Application, 2024 - 2031, USD Million
TABLE 107 UAE Torque Sensor Market by Application, 2020 - 2023, Thousand Units
TABLE 108 UAE Torque Sensor Market by Application, 2024 - 2031, Thousand Units
TABLE 109 UAE Torque Sensor Market by Technology, 2020 - 2023, USD Million
TABLE 110 UAE Torque Sensor Market by Technology, 2024 - 2031, USD Million
TABLE 111 UAE Torque Sensor Market by Technology, 2020 - 2023, Thousand Units
TABLE 112 UAE Torque Sensor Market by Technology, 2024 - 2031, Thousand Units
TABLE 113 Saudi Arabia Torque Sensor Market, 2020 - 2023, USD Million
TABLE 114 Saudi Arabia Torque Sensor Market, 2024 - 2031, USD Million
TABLE 115 Saudi Arabia Torque Sensor Market, 2020 - 2023, Thousand Units
TABLE 116 Saudi Arabia Torque Sensor Market, 2024 - 2031, Thousand Units
TABLE 117 Saudi Arabia Torque Sensor Market by Type, 2020 - 2023, USD Million
TABLE 118 Saudi Arabia Torque Sensor Market by Type, 2024 - 2031, USD Million
TABLE 119 Saudi Arabia Torque Sensor Market by Type, 2020 - 2023, Thousand Units
TABLE 120 Saudi Arabia Torque Sensor Market by Type, 2024 - 2031, Thousand Units
TABLE 121 Saudi Arabia Torque Sensor Market by Application, 2020 - 2023, USD Million
TABLE 122 Saudi Arabia Torque Sensor Market by Application, 2024 - 2031, USD Million
TABLE 123 Saudi Arabia Torque Sensor Market by Application, 2020 - 2023, Thousand Units
TABLE 124 Saudi Arabia Torque Sensor Market by Application, 2024 - 2031, Thousand Units
TABLE 125 Saudi Arabia Torque Sensor Market by Technology, 2020 - 2023, USD Million
TABLE 126 Saudi Arabia Torque Sensor Market by Technology, 2024 - 2031, USD Million
TABLE 127 Saudi Arabia Torque Sensor Market by Technology, 2020 - 2023, Thousand Units
TABLE 128 Saudi Arabia Torque Sensor Market by Technology, 2024 - 2031, Thousand Units
TABLE 129 South Africa Torque Sensor Market, 2020 - 2023, USD Million
TABLE 130 South Africa Torque Sensor Market, 2024 - 2031, USD Million
TABLE 131 South Africa Torque Sensor Market, 2020 - 2023, Thousand Units
TABLE 132 South Africa Torque Sensor Market, 2024 - 2031, Thousand Units
TABLE 133 South Africa Torque Sensor Market by Type, 2020 - 2023, USD Million
TABLE 134 South Africa Torque Sensor Market by Type, 2024 - 2031, USD Million
TABLE 135 South Africa Torque Sensor Market by Type, 2020 - 2023, Thousand Units
TABLE 136 South Africa Torque Sensor Market by Type, 2024 - 2031, Thousand Units
TABLE 137 South Africa Torque Sensor Market by Application, 2020 - 2023, USD Million
TABLE 138 South Africa Torque Sensor Market by Application, 2024 - 2031, USD Million
TABLE 139 South Africa Torque Sensor Market by Application, 2020 - 2023, Thousand Units
TABLE 140 South Africa Torque Sensor Market by Application, 2024 - 2031, Thousand Units
TABLE 141 South Africa Torque Sensor Market by Technology, 2020 - 2023, USD Million
TABLE 142 South Africa Torque Sensor Market by Technology, 2024 - 2031, USD Million
TABLE 143 South Africa Torque Sensor Market by Technology, 2020 - 2023, Thousand Units
TABLE 144 South Africa Torque Sensor Market by Technology, 2024 - 2031, Thousand Units
TABLE 145 Nigeria Torque Sensor Market, 2020 - 2023, USD Million
TABLE 146 Nigeria Torque Sensor Market, 2024 - 2031, USD Million
TABLE 147 Nigeria Torque Sensor Market, 2020 - 2023, Thousand Units
TABLE 148 Nigeria Torque Sensor Market, 2024 - 2031, Thousand Units
TABLE 149 Nigeria Torque Sensor Market by Type, 2020 - 2023, USD Million
TABLE 150 Nigeria Torque Sensor Market by Type, 2024 - 2031, USD Million
TABLE 151 Nigeria Torque Sensor Market by Type, 2020 - 2023, Thousand Units
TABLE 152 Nigeria Torque Sensor Market by Type, 2024 - 2031, Thousand Units
TABLE 153 Nigeria Torque Sensor Market by Application, 2020 - 2023, USD Million
TABLE 154 Nigeria Torque Sensor Market by Application, 2024 - 2031, USD Million
TABLE 155 Nigeria Torque Sensor Market by Application, 2020 - 2023, Thousand Units
TABLE 156 Nigeria Torque Sensor Market by Application, 2024 - 2031, Thousand Units
TABLE 157 Nigeria Torque Sensor Market by Technology, 2020 - 2023, USD Million
TABLE 158 Nigeria Torque Sensor Market by Technology, 2024 - 2031, USD Million
TABLE 159 Nigeria Torque Sensor Market by Technology, 2020 - 2023, Thousand Units
TABLE 160 Nigeria Torque Sensor Market by Technology, 2024 - 2031, Thousand Units
TABLE 161 Rest of LAMEA Torque Sensor Market, 2020 - 2023, USD Million
TABLE 162 Rest of LAMEA Torque Sensor Market, 2024 - 2031, USD Million
TABLE 163 Rest of LAMEA Torque Sensor Market, 2020 - 2023, Thousand Units
TABLE 164 Rest of LAMEA Torque Sensor Market, 2024 - 2031, Thousand Units
TABLE 165 Rest of LAMEA Torque Sensor Market by Type, 2020 - 2023, USD Million
TABLE 166 Rest of LAMEA Torque Sensor Market by Type, 2024 - 2031, USD Million
TABLE 167 Rest of LAMEA Torque Sensor Market by Type, 2020 - 2023, Thousand Units
TABLE 168 Rest of LAMEA Torque Sensor Market by Type, 2024 - 2031, Thousand Units
TABLE 169 Rest of LAMEA Torque Sensor Market by Application, 2020 - 2023, USD Million
TABLE 170 Rest of LAMEA Torque Sensor Market by Application, 2024 - 2031, USD Million
TABLE 171 Rest of LAMEA Torque Sensor Market by Application, 2020 - 2023, Thousand Units
TABLE 172 Rest of LAMEA Torque Sensor Market by Application, 2024 - 2031, Thousand Units
TABLE 173 Rest of LAMEA Torque Sensor Market by Technology, 2020 - 2023, USD Million
TABLE 174 Rest of LAMEA Torque Sensor Market by Technology, 2024 - 2031, USD Million
TABLE 175 Rest of LAMEA Torque Sensor Market by Technology, 2020 - 2023, Thousand Units
TABLE 176 Rest of LAMEA Torque Sensor Market by Technology, 2024 - 2031, Thousand Units
TABLE 177 Key Information – Datum Electronics Ltd.
TABLE 178 Key Information – Honeywell International, Inc.
TABLE 179 Key Information – ABB Ltd.
TABLE 180 key information – Amphenol Corporation
TABLE 181 Key Information – Sensor Technology Ltd.
TABLE 182 Key Information – FUTEK Advanced Sensor Technology, Inc.
TABLE 183 Key information –TE Connectivity Ltd.
TABLE 184 Key Information – ATI Industrial Automation, Inc.
TABLE 185 Key Information – Interface, Inc.
TABLE 186 key information – Spectris PLC
List of Figures
FIG 1 Methodology for the research
FIG 2 LAMEA Torque Sensor Market, 2020 - 2031, USD Million
FIG 3 Key Factors Impacting Torque Sensor Market
FIG 4 Porter’s Five Forces Analysis – Torque Sensor Market
FIG 5 LAMEA Torque Sensor Market share by Type, 2023
FIG 6 LAMEA Torque Sensor Market share by Type, 2031
FIG 7 LAMEA Torque Sensor Market by Type, 2020 - 2031, USD Million
FIG 8 LAMEA Torque Sensor Market share by Application, 2023
FIG 9 LAMEA Torque Sensor Market share by Application, 2031
FIG 10 LAMEA Torque Sensor Market by Application, 2020 - 2031, USD Million
FIG 11 LAMEA Torque Sensor Market share by Technology, 2023
FIG 12 LAMEA Torque Sensor Market share by Technology, 2031
FIG 13 LAMEA Torque Sensor Market by Technology, 2020 - 2031, USD Million
FIG 14 LAMEA Torque Sensor Market share by Country, 2023
FIG 15 LAMEA Torque Sensor Market share by Country, 2031
FIG 16 LAMEA Torque Sensor Market by Country, 2020 - 2031, USD Million
FIG 17 Swot analysis: Honeywell international, inc.
FIG 18 SWOT Analysis: ABB ltd.
FIG 19 SWOT Analysis: Amphenol Corporation
FIG 20 SWOT Analysis: TE Connectivity Ltd