| Product Code: ETC5554806 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The import shipments of torque sensors to Niger in 2024 were primarily sourced from top exporting countries such as the United Arab Emirates, China, France, the United States of America, and India. The market displayed a high Herfindahl-Hirschman Index (HHI) concentration, indicating a dominant market presence. Despite a modest compound annual growth rate (CAGR) of 0.26% from 2020 to 2024, the sector experienced a significant decline in growth rate from 2023 to 2024, with a decrease of -70.78%. This data suggests potential fluctuations in market demand and challenges for market players in the torque sensor industry.

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 Niger Torque Sensor Market Overview |
3.1 Niger Country Macro Economic Indicators |
3.2 Niger Torque Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Niger Torque Sensor Market - Industry Life Cycle |
3.4 Niger Torque Sensor Market - Porter's Five Forces |
3.5 Niger Torque Sensor Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Niger Torque Sensor Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 Niger Torque Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Niger Torque Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for high-performance and precision measurement tools in industries like automotive, aerospace, and manufacturing. |
4.2.2 Growing focus on reducing energy consumption and improving efficiency in machinery and equipment. |
4.2.3 Technological advancements leading to the development of more accurate and reliable torque sensors. |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing torque sensors, especially for small and medium enterprises. |
4.3.2 Lack of awareness about the benefits and applications of torque sensors in certain industries. |
4.3.3 Challenges related to calibration and maintenance of torque sensors, leading to potential downtime in operations. |
5 Niger Torque Sensor Market Trends |
6 Niger Torque Sensor Market Segmentations |
6.1 Niger Torque Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Niger Torque Sensor Market Revenues & Volume, By Rotary Torque Sensors, 2021-2031F |
6.1.3 Niger Torque Sensor Market Revenues & Volume, By Reaction Torque Sensors, 2021-2031F |
6.2 Niger Torque Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Niger Torque Sensor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Niger Torque Sensor Market Revenues & Volume, By Test & Measurement, 2021-2031F |
6.2.4 Niger Torque Sensor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Niger Torque Sensor Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 Niger Torque Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.3 Niger Torque Sensor Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Niger Torque Sensor Market Revenues & Volume, By Strain Gauge, 2021-2031F |
6.3.3 Niger Torque Sensor Market Revenues & Volume, By Surface Acoustic Wave (SAW), 2021-2031F |
6.3.4 Niger Torque Sensor Market Revenues & Volume, By Optical, 2021-2031F |
6.3.5 Niger Torque Sensor Market Revenues & Volume, By Magnetoelastic, 2021-2031F |
7 Niger Torque Sensor Market Import-Export Trade Statistics |
7.1 Niger Torque Sensor Market Export to Major Countries |
7.2 Niger Torque Sensor Market Imports from Major Countries |
8 Niger Torque Sensor Market Key Performance Indicators |
8.1 Mean Time Between Failures (MTBF) of torque sensors, indicating their reliability and durability. |
8.2 Percentage of manufacturing processes using torque sensors, showing the adoption rate in industries. |
8.3 Number of patents filed for torque sensor technology innovations, reflecting the level of RD activity and potential future market growth. |
9 Niger Torque Sensor Market - Opportunity Assessment |
9.1 Niger Torque Sensor Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Niger Torque Sensor Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 Niger Torque Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Niger Torque Sensor Market - Competitive Landscape |
10.1 Niger Torque Sensor Market Revenue Share, By Companies, 2024 |
10.2 Niger Torque Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |