| Product Code: ETC5554773 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Vasudha | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
Ireland`s torque sensor import market saw a notable shift in 2024, with China, UK, Thailand, Areas, nes, and USA emerging as top exporting countries. The market concentration, as measured by HHI, rose from moderate to high in just one year, indicating increased dominance by key players. Despite a slight dip in growth rate from 2023 to 2024, the overall compound annual growth rate (CAGR) for 2020-2024 remained impressive at 16.28%. This suggests a strong and dynamic market for torque sensors in Ireland, with potential opportunities for both domestic and international suppliers to capitalize on.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Ireland Torque Sensor Market Overview |
3.1 Ireland Country Macro Economic Indicators |
3.2 Ireland Torque Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Ireland Torque Sensor Market - Industry Life Cycle |
3.4 Ireland Torque Sensor Market - Porter's Five Forces |
3.5 Ireland Torque Sensor Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Ireland Torque Sensor Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 Ireland Torque Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Ireland Torque Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation and robotics in various industries |
4.2.2 Growing focus on vehicle safety and performance in the automotive sector |
4.2.3 Technological advancements leading to the development of more accurate and efficient torque sensors |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing torque sensors |
4.3.2 Limited awareness and understanding of torque sensor applications among end-users |
4.3.3 Challenges related to calibration and maintenance of torque sensors |
5 Ireland Torque Sensor Market Trends |
6 Ireland Torque Sensor Market Segmentations |
6.1 Ireland Torque Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Ireland Torque Sensor Market Revenues & Volume, By Rotary Torque Sensors, 2021-2031F |
6.1.3 Ireland Torque Sensor Market Revenues & Volume, By Reaction Torque Sensors, 2021-2031F |
6.2 Ireland Torque Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Ireland Torque Sensor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Ireland Torque Sensor Market Revenues & Volume, By Test & Measurement, 2021-2031F |
6.2.4 Ireland Torque Sensor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Ireland Torque Sensor Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 Ireland Torque Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.3 Ireland Torque Sensor Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Ireland Torque Sensor Market Revenues & Volume, By Strain Gauge, 2021-2031F |
6.3.3 Ireland Torque Sensor Market Revenues & Volume, By Surface Acoustic Wave (SAW), 2021-2031F |
6.3.4 Ireland Torque Sensor Market Revenues & Volume, By Optical, 2021-2031F |
6.3.5 Ireland Torque Sensor Market Revenues & Volume, By Magnetoelastic, 2021-2031F |
7 Ireland Torque Sensor Market Import-Export Trade Statistics |
7.1 Ireland Torque Sensor Market Export to Major Countries |
7.2 Ireland Torque Sensor Market Imports from Major Countries |
8 Ireland Torque Sensor Market Key Performance Indicators |
8.1 Average response time for torque sensor implementation |
8.2 Percentage increase in adoption of torque sensors across industries |
8.3 Rate of new product development and innovation in the torque sensor market |
9 Ireland Torque Sensor Market - Opportunity Assessment |
9.1 Ireland Torque Sensor Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Ireland Torque Sensor Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 Ireland Torque Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Ireland Torque Sensor Market - Competitive Landscape |
10.1 Ireland Torque Sensor Market Revenue Share, By Companies, 2024 |
10.2 Ireland Torque Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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