Global Strain Gauge Torque Sensor market cagr 5.60%

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Strain Gauge

Torque Sensor Market

Strain Gauge Torque Sensor Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Strain Gauge Torque Sensor Market Size and Growth

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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Companies Covered

(Covid 19 Impact Covered)

◍ 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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Market Segmentation

By Application

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By Product

◍ Accuracy Class:0.1 ◍ Accuracy Class:0.2 ◍ Accuracy Class:0.25 ◍ Automobile ◍ Aerospace ◍ Others

Market Growth

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$ 1404.10 Million

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