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 torque sensors as industries demand greater accuracy, reliability, and efficiency. For example, the rapid expansion of electric vehicles and industrial automation requires precise torque measurement for motor control, safety systems, and process optimization. This trend indicates a strong and growing demand for torque sensors worldwide.
Major Players Profiled in the Market Report:
Segments
Expansion in Automotive and Automation to Propel Rotary Torque Sensors Segment 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, driven by its widespread use in automotive electric power steering (EPS), industrial automation, and the testing and monitoring of rotating motors and shafts.
Proven Reliability to Drive Strain Gauge Technology Segment Expansion
By technology, the market is categorized into strain gauge, magnetoelastic, surface acoustic wave, and optical. The strain gauge segment is leading the market as it offers a proven, cost-effective, and reliable solution for precision measurement that is easily integrated into a wide variety of automotive, industrial, and testing applications.
EVs and Advanced Manufacturing to Dominate Automotive Segment