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Strain Gauge Torque Sensor Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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The global Strain Gauge Torque Sensor market is experiencing steady growth due to increased demand for torque measurement in various industries. The market size is estimated to be $XXX million in 2021, with a projected CAGR of X % during the forecast period. Key players are focusing on product innovation to gain a competitive edge.
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◍ ABB
◍ ATI Industrial Automation
◍ Crane Electronics
◍ FUTEK Advanced Sensor Technology
◍ Honeywell
◍ Kistler
◍ Sensor Technology
The competitive landscape of the Strain Gauge Torque Sensor Market includes ABB, ATI Industrial Automation, Crane Electronics, FUTEK Advanced Sensor Technology, Honeywell, Kistler, and Sensor Technology. These companies utilize Strain Gauge Torque Sensors for various industrial applications and help to drive market growth. For instance, ABB reported sales revenue of $27.01 billion in 2020. Honeywell reported sales revenue of $32.64 billion in 2020.
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$ 1404.10 Million