Torque Sensor Market in LAMEA is expected to register a CAGR of 9.2% during the forecast period (2019-2025) - KBV Research

According to a new report LAMEA Torque Sensor Market, published by KBV research, the LAMEA Torque Sensor Market would witness market growth of 9.2% CAGR during the forecast period (2019-2025).

The Brazil market dominated the LAMEA Torque Sensor Reaction Torque Sensors Market by Country in 2018, and would continue to be a dominant market till 2025. The Argentina market would to witness a CAGR of 12.4% during (2019 - 2025). Additionally, The UAE market is experiencing a CAGR of 11.8% during (2019 - 2025).

The Strain Gauge market dominated the Saudi Arabia Torque Sensor Market by Technology in 2018, growing at a CAGR of 8.4 % during the forecast period. The Magnetoelastic market is witnessing a CAGR of 8.9% during (2019 - 2025). Additionally, The Surface Acoustic Wave market is poised to grow at a CAGR of 9.9% during (2019 - 2025).

The Automotive market dominated the South Africa Torque Sensor Market by Application in 2018, thereby, achieving a market value of $61.7 million by 2025, growing at a CAGR of 8.7 % during the forecast period. The Test & Measurement market is showcasing prominent growth rate of 10.8% during (2019 - 2025). The Aerospace & Defense market is experiencing a CAGR of 11.3% during (2019 - 2025). Additionally, The Industrial market is expected to witness CAGR of 11% during (2019 - 2025).

Structural Insights: https://www.kbvresearch.com/lamea-torque-sensor-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the mentioned countries. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Honeywell International, Inc., ABB Group, Infineon Technologies AG, MTS Systems Corporation (PCB Piezotronics, Inc.), Snap-On, Inc. (Norbar Torque Tools), Crane Electronics, Ltd., FUTEK Advanced Sensor Technology, Inc, Applied Measurements Ltd., Kistler Group (Kistler Holding AG), and MagCanica, Inc.

LAMEA Torque Sensor Market Segmentation

By Type

• Rotary Torque Sensors
• Reaction Torque Sensors

By Technology

• Strain Gauge
• Magnetoelastic
• Surface Acoustic Wave
• Others

By Application

• Automotive
• Test & Measurement
• Aerospace & Defense
• Industrial
• Others

By Country

• Brazil Torque Sensor Market
• Argentina Torque Sensor Market
• UAE Torque Sensor Market
• Saudi Arabia Torque Sensor Market
• South Africa Torque Sensor Market
• Nigeria Torque Sensor Market
• Rest of LAMEA Torque Sensor Market

Companies Profiled

• Honeywell International, Inc.
• ABB Group
• Infineon Technologies AG
• MTS Systems Corporation (PCB Piezotronics, Inc.)
• Snap-On, Inc. (Norbar Torque Tools)
• Crane Electronics, Ltd.
• FUTEK Advanced Sensor Technology, Inc
• Applied Measurements Ltd.
• Kistler Group (Kistler Holding AG)
• MagCanica, Inc.

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