Companiesandmarkets.com has added a report titled “World Torque Sensors Markets” published by Frost and Sullivan to its catalogue. The report analyzes the growing torque sensor market and its application in various sectors.
With improvements in the performance, accuracy and longevity in torque sensors, its scope of application has also broadened over the years. Torque sensors are now being applied in various fields such as in engines for hybrid and electric vehicles, in turbo-engine aerospace applications and in medical prosthetics and telemetry.
End-users have realized that by reducing the force generated with torque, it can lead to safer augmentation in operations and machinery. Thus, the United States, the United Kingdom, France, Germany and Canada have increased their dependency on torque sensors.
Several variations of the torque sensors have been introduced for monitoring and testing requirements of the T&M and industrial sectors. Torque sensors are increasing in demand due to the increasing reliance on torque testing used in assembling safety based equipment and components. Also, aircrafts are also leading to the rising sale of torque sensors which help in measuring and monitoring helicopter operations, which are the main mode of transport for personnel to reach remote oil fields and offshore oil rigs. Furthermore, torque sensor companies will fare well in end user aerospace sector especially since fuel companies are expanding into distant locations to find fuel.
Sensor manufacturers are aiming at developing a single torque unit by integrating diagnostics, which will not only reduce the size and manufacturing costs but also enable torque sensor modules to be used in several industrial applications.
Source: Companies and Markets