Non-contact Torque Sensor Market Estimated To Record Highest CAGR By 2021-2031

 

Non-Contact Torque Sensor: Introduction

  • A non-contact torque sensor market is installed between a power source and a load to correctly measure the torque. It has no moving parts, such as bearings or slip rings; hence, it is maintenance free.
  • The non-contact torque sensor is required to measure torque in a speed-variable power transmission system
  • Non-contact torque sensors are small in size, possess good selectivity, sensitivity, and are inexpensive to manufacture; hence, they are suitable for operation in harsh environment conditions
  • In a non-contact torque sensor, the data is transmitted main­te­nance-free and without any distortion of signal between rotor and stator, which offers integrated speed/angle mea­sure­ment

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Rise in Demand for Non-Contact Torque Sensor Globally

  • The non-contact torque sensor is extensively utilized in the automobile industry to measure the torque of drive shafts in vehicles in real-time. It offers contactless transmission of supply voltage and measuring signal, which promotes continuous operation with low maintenance. This non-contact torque sensor technology helps enhance fuel economy by reducing power consumption and improves ride comfort and safety.
  • The non-contact torque sensor with shaft ends and mounting support can be utilized as functional check on tilt procedure or rotation monitoring, which provides reliable solution for torque auditing and automotive applications
  • Non-contact torque sensors are also required in laboratory and industrial applications, as they possess compact size and multiple mounting options

 North America to Lead Global Non-Contact Torque Sensor Market

  • North America is anticipated to dominate the global non-contact torque sensor market due to rising research and applications of sensing, measurement, and instrumentation technologies. Increased government support in North America enables major players in the region to invest in advanced technologies for research and industrial applications. This offers lucrative opportunities for non-contact torque sensing technologies to be introduced in the market.
  • The non-contact torque sensor market in Europe and Middle East & Africa is anticipated to expand considerably, as many industries are adopting advanced surface acoustic wave techniques for non-contact torque measurement and rising demand for developer sensor technology, which in turn is fueling the non-contact torque sensor market in these regions

Key Players of Global Non-Contact Torque Sensor Market

  • Sensor Technology
  • Montronix Inc.
  • ABB, Ltd.
  • Honeywell Corporation
  • FUTEK Advanced Sensor Technology

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