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