Force & Torque Sensor Market By Type (Force Sensors (Optical Force Sensor, Piezo-Resistive Force Sensor, Piezo-Electric Force Sensor, Capacitive Force Sensor, Magnetic Force Sensor, Ultrasonic Force Sensor, Electrochemical Force Sensor, Load Cell Sensor, Others), and Torque Sensor (Dynamic Torque Sensor, Joint Torque Sensor, 6 axis force/torque sensor, 4 Axis force/torque sensor, Static Torque Sensor, Others)), By Technology (Force Sensors (Strain Gauge, Thin-Film Sensors, Hydraulic Force Measurement) and Torque Sensor (Surface Acoustic Wav

Global Force & Torque Sensor Market Overview

Force & Torque Sensor Market Size was valued at USD 11,653.7 Million in 2023. The Force & Torque Sensor market industry is projected to grow from USD 13,490.1 Million in 2024 to USD 35,125.7 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 12.7% during the forecast period (2024– 2032).

Force sensors convert mechanical forces into electrical signals for measurement purposes. They are essential in power equipment, engineering machinery, and industrial automation systems, varying widely in size and capacity from grams to tons.

Torque sensors, or torque meters, measure rotational force accurately in mechanical systems. They monitor torque applied to rotating components or shafts. The market benefits from increasing demand for electric power steering and hybrid vehicles. However, the lack of security standards hinders market growth. Innovations in torque measurement technologies present promising opportunities for market expansion in the future.

FIGURE1: FORCE & TORQUE SENSOR MARKET, 2019 - 2032 (USD MILLION)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Force & Torque Sensor Market Driver

RISING NEED FOR ELECTRIC POWER STEERING (EPS) SYSTEMS

The automobile industry has seen a tremendous transition in recent years, with technological developments changing various areas of vehicle design and performance. Electric power steering is one noteworthy invention that has become widely used (EPS).

In contrast to conventional hydraulic power steering systems, EPS has been shown to be a more effective, responsive, and environmentally responsible substitute. EPS systems are more energy-efficient by nature than hydraulic alternatives. EPS helps to improve fuel efficiency and lower the overall carbon footprint of vehicles by removing the engine's constant demand for power. It also improves responsiveness and accurate handling, which adds to the entire driving experience. The ability of the electric motor to change steering assistance in real-time based on driving conditions and speed assures maximum performance and safety. Moreover, the overall weight of the vehicle is reduced since EPS does not have any hydraulic components. This decrease helps to enhance handling and fuel efficiency, especially in smaller, more agile vehicles.

Additionally, depending on the driving situation, this system can be configured to offer varying degrees of steering assistance. For instance, assistance can be increased during parking maneuvers while decreasing at greater speeds to improve driver control. Advanced driver assistance systems like parking assistance and lane-keeping assistance can be integrated with EPS. This integration improves safety measures while also laying the framework for future advances in autonomous driving technologies.

Therefore, EPS has become a cornerstone in the goal of safer, more efficient, and comfortable transportation, with advantages ranging from energy efficiency to responsive driving dynamics. The function of EPS is expected to grow as the automotive industry innovates more, supporting the continuous development of the modern automobile. Thus, the growing demand for electric power systems propels the demand for torque sensors during the forecast period.             

Force & Torque Sensor Market Segment Insights

Force & Torque Sensor Type Insights

Based on the Type, the Force & Torque Sensor market is bifurcated into Force Sensors Type and Torque Sensor Type. Among the Type Torque Sensor type holds the highest market share of 66.1% in 2023 in Force & Torque Sensor market, the market for Torque Sensor type was valued at USD 7,708.7 Million in 2023 and is anticipated to reach USD 23,678.7 Million in 2032 growing at a CAGR of 12.9%.

Torque sensors support electric and hybrid vehicle efficiency and emissions reduction. They ensure precise power distribution and enhance overall vehicle performance. In industrial automation, these sensors maintain operational efficiency and safety. They are crucial in robotics, machinery, and manufacturing equipment for consistent performance. Advances in sensor technology improve accuracy, reliability, and durability. This expansion includes aerospace applications for monitoring torque in critical systems. Predictive maintenance benefits from real-time torque monitoring capabilities. Sensors predict equipment failures, reducing downtime and maintenance costs. IoT integration enhances torque sensors for remote monitoring and predictive analytics. Overall, torque sensors' growth is driven by automotive advancements, industrial automation needs, sensor innovations, predictive maintenance strategies, and IoT applications.

FIGURE2: FORCE & TORQUE SENSOR MARKET, BY TYPE, 2023 & 2032 (USD MILLION)

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Force & Torque Sensor Technology Insights

Based on Technology, the Force & Torque Sensor Market has been segmented into Force Sensor technology and Torque Sensor technology.

Force sensor technologies include strain gauge, thin-film, and hydraulic systems for accurate measurement. Strain gauges detect object deformation under applied force. They are versatile in material testing and structural monitoring, suitable for high-precision measurements but sensitive to temperature changes and non-linearities at high strains. Thin-film sensors use conductive layers on flexible substrates. They offer high sensitivity and low power consumption but are vulnerable to environmental factors and have limited durability. Hydraulic force measurement converts force into pressure signals through fluid. This robust technology ensures precise measurements in industrial settings for safety and performance.

Torque sensor technologies encompass surface acoustic wave, magnetoelastic, optical, and strain gauge methods. Surface acoustic wave sensors are compact, durable, and enable wireless measurement. They utilize acoustic waves for electronic applications like filters and oscillators. Magnetoelastic sensors detect torque in automotive and heavy machinery, useful for predictive maintenance. They are expanding into medical and robotic applications. Optical sensors use light modulation to measure torque with high precision. They are costly but excel in accuracy for power metering applications. Strain gauge torque sensors convert torque into electrical signals. They are effective in rotating machinery but require slip rings for continuous power and signal transmission.

Force & Torque Sensor Market Vertical Insights

Based on vertical, the Force & Torque Sensor Market has been segmented into Aerospace & Defense, Manufacturing, Medical & Pharmaceuticals, Printing & Packaging, Consumer Electronics, Industrial, Automotive, Robotics, and Others.

Force and torque sensors ensure safety and efficiency in industries. They measure forces during critical tasks in aerospace and defense. Sensors monitor propulsion systems in aircraft and space missions. In manufacturing, they ensure quality and efficiency in assembly processes. Medical applications use sensors for precise measurements in surgeries. Printing and packaging sectors rely on sensors for consistent production quality. Consumer electronics employ sensors for enhanced user experiences.

Automotive industry uses sensors in vehicle testing and safety systems. Industrial automation benefits from sensors in manufacturing processes. Robotics rely on sensors for precise control in assembly tasks. Various industries use sensors to monitor forces and torques accurately.

Force & Torque Sensor Regional Insights

By Region, the study provides market insights into North America, Europe, Asia-Pacific, Middle East & Africa, and South America.  Asia-Pacific is anticipated to dominate the Force & Torque Sensor market in 2023 and exhibit the highest CAGR during the forecast period.

Among Region, North America holds the highest market share of 38.4% in 2023 in Force & Torque Sensor market, the market for North America was valued at USD 4,470.3 Million in 2023 and is anticipated to reach USD 13,327.7 Million in 2032 growing at a CAGR of 12.5%.

North America, consisting of the US, Canada, and Mexico, stands at the forefront of technological innovation in Force & Torque Sensor market. The North America Force & Torque Market is growing rapidly, and the growth of the region is attributed to the growing adoption of automation across industries. As evident from the recent report released by Robotic Federation, the total deployment of robots in US have increased and it forms around 10% of the total robots deployed in 2023.Accroding to robotic federation, In the Americas, installations of the industrial robots were up 8% to 56,053 units in 2022, surpassing the 2018 peak level (55,212 units). The United States, the largest regional market, accounted for 71% of the installations in the Americas in 2022. Robot installations were up by 10% to 39,576 units. The main growth driver was the automotive industry that displayed surging installations by +47% (14,472 units). The share of the automotive industry has now grown back to 37%, followed by the metal and machinery industry (3,900 units) and the electrical/electronics industry (3,732 units). The two other major markets are Mexico – here installations grew by 13% and Canada, where demand dropped by 24% (3,223 units). This was the result of lower demand from the automotive industry - the strongest adopter. Theses surging deployment of Robots create high demand for the Force & Torque sensors in the market which are important to gain precision by the robots to efficiently perform its tasks.

The European Force & Torque Sensor has been showing remarkable growth in the demand of the Force & Torque sensors. The growth of the market is attributed to the growing demand from the existing automotive industry in the region. Europe is home to some of the major automotive market players. For instance, Bayerische Motoren Werke AG, Mercedes-Benz Group AG, and Volkswagen AG are Headquartered in Germany, Stellantis NV headquartered in Netherlands, Renault SA is headquartered in France. These market players drive huge demand for Force & Torque sensors in the region.

The Force & Torque sensor market in the Middle East and Africa (MEA) region is growing rapidly due to advancements in technology and the increasing reliance on precise Force & Torque measurement in various industries. Force & Torque sensors are used in applications such as automotive, medical device, aerospace, manufacturing to quantify the amount of force exerted on a component, or assembly. The automotive vertical is predicted to play an important role in the growth of the torque sensor market in this region due to large-scale manufacturing and major investments in new vehicle technologies. The growing demand for energy and large-scale manufacture of various sorts of items for export are facilitating the Force & Torque sensor industry. Collaboration between governments, private sector companies, and research institutions is crucial in advancing the Force & Torque sensor market in the MEA region, fostering innovation, supporting local manufacturing, and ensuring the latest sensor technologies are readily available for various applications.

FIGURE3: FORCE & TORQUE SENSOR MARKET SIZE BY REGION 2023 & 2032

Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review

Force & Torque Sensor Key Market Players & Competitive Insights

The Force & Torque Sensor Market is distinguished by the presence of numerous global, regional, and local players catering to the torque sensor techniques that are evolving at a rapid pace. Furthermore, the rising need for electric power steering (EPS) systems and growing demand for electric and hybrid vehicles in the end-use industry is further driving the growth of the Force & Torque Sensor Market during the forecast period.

The Force & Torque Sensor Market is extremely competitive, with players competing, partnering, and investing heavily in research and development to gain a significant market share. The market is moderately fragmented with rising competition, increasing collaborative partnerships, and other strategic decisions to achieve operational efficiency.

Mergers and collaborations were also observed to expand the company's product portfolio, as well as introduce new products. The growth of prominent industry players is dependent on various factors, such as market conditions, government support, and industry development. Key manufacturers in the force & torque sensor market are focusing on developing products with advanced technologies. It is also projected that a rise in the investments for R&D will also boost the market's growth in the upcoming future

Key Companies in the Force & Torque Sensor market include

• ABB


• Honeywell International Inc.


• Lorenz Messtechnik GmbH


• Crane Electronics


• Kern & Sohn GmbH


• Kistler Group


• Tekscan, Inc.


• Sensor Technology Ltd


• HBK


• Futek Advanced Sensor Technology Inc.


• Instron


• Omega Engineering, Inc.


• Sensata Technologies


• ForceN


• TE Connectivity


• ATI Industrial Automation Inc.


• Bota Systems


• Others

Force & Torque Sensor Industry Developments

• June 2024 Kistler has released a new wheel torque transducer for large automobiles, SUVs, and vans. It combines all the established benefits of the RoaDyn series with an extended measuring range of up to 9,000 Nm (high range) or 900 Nm (low range).


• October 2023 Bota Systems and NEXT robotics announced collaboration in Germany, Austria and Switzerland. With this collaboration NEXT robotics has become its official distributor for the German-speaking countries of Germany, Austria and Switzerland.


• May 2023 FUTEK launched the LSM305 Load Cell. The LSM305, a tiny and flexible load cell, is one of FUTEK's most precise high precision sensors. Designed for OEM tension and compression applications, the sensor features a unique, lightweight construction that provides it its excellent accuracy and dependability.


• October 2019 FUTEK revealed the availability of their LCM100 Subminiature In Line Load Cell. The LCM100's sub-miniature footprint expands the already diverse spectrum of in-line load cells in FUTEK's LCM series.

Force & Torque Sensor Market Segmentation

Global Force & Torque Sensor, By Type Outlook

• Force Sensors
  
  
  
  • Optical Force Sensor
  
  
  • Piezo-Resistive Force Sensor
  
  
  • Piezo-Electric Force Sensor
  
  
  • Capacitive Force Sensor
  
  
  • Magnetic Force Sensor
  
  
  • Ultrasonic Force Sensor
  
  
  • Electrochemical Force Sensor
  
  
  • Load Cell Sensor
  
  
  • Others
  
  
  
  

• Torque Sensor
  
  
  
  • Dynamic Torque Sensor
  
  
  • Joint Torque Sensor
  
  
  • 6 axis force/torque sensor
  
  
  • 4 Axis force/torque sensor
  
  
  • Static Torque Sensor
  
  
  • Others
  
  
  
  

Global Force & Torque Sensor, By Technology Outlook

• Force Sensors
  
  
  
  • Strain Gauge
  
  
  • Thin-Film Sensors
  
  
  • Hydraulic Force Measurement
  
  
  
  

• Torque Sensor
  
  
  
  • Surface Acoustic Wave
  
  
  • Magnetoelastic
  
  
  • Optical
  
  
  • Strain Gauge
  
  
  
  

Global Force & Torque Sensor, By Application Outlook

• Force Sensors
  
  
  
  • Traffic Engineering
  
  
  • Process Monitoring
  
  
  • Biomedical
  
  
  • Condition Monitoring
  
  
  • Measuring Equipment
  
  
  • Others
  
  
  
  

• Torque Sensor
  
  
  
  • Robotics
  
  
  • Engines
  
  
  • Automotive safety system
  
  
  • Assembly welding
  
  
  • Aircraft flight control
  
  
  • Medical devices
  
  
  • Others
  
  
  
  

Global Force & Torque Sensor, By Vertical Outlook

• Aerospace & Defense


• Manufacturing


• Medical & Pharmaceuticals


• Printing & Packaging


• Consumer Electronics


• Industrial


• Automotive


• Robotics


• Others

Force & Torque Sensor Regional Outlook

• 
  

  North America

  
  
  
  
  • US
  
  
  • Canada
  
  
  
  

• 
  

  Europe

  
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest Of Europe
  
  
  
  

• 
  

  Asia-Pacific

  
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia Pacific
  
  
  
  

• 
  

  Middle East & Africa

  
  


• 
  

  South America