| Product Code: ETC5554832 | 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 |
Suriname torque sensor import market in 2024 saw significant contributions from top exporters such as the United States, Peru, and the Netherlands. Despite a high Herfindahl-Hirschman Index (HHI) indicating market concentration, the sector demonstrated strong growth with a notable compound annual growth rate (CAGR) of 14.91% from 2020 to 2024. However, there was a slight decline in growth rate from 2023 to 2024 at -22.46%, suggesting potential shifts in market dynamics. Monitoring future trends and potential diversification of import sources could be crucial for stakeholders 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 Suriname Torque Sensor Market Overview |
3.1 Suriname Country Macro Economic Indicators |
3.2 Suriname Torque Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 Suriname Torque Sensor Market - Industry Life Cycle |
3.4 Suriname Torque Sensor Market - Porter's Five Forces |
3.5 Suriname Torque Sensor Market Revenues & Volume Share, By Type , 2021 & 2031F |
3.6 Suriname Torque Sensor Market Revenues & Volume Share, By Application , 2021 & 2031F |
3.7 Suriname Torque Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Suriname Torque Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for advanced automotive technologies in Suriname, leading to the adoption of torque sensors in vehicles. |
4.2.2 Growing industrial automation and robotics sector in Suriname, driving the need for torque sensors for precision control and monitoring. |
4.2.3 Government initiatives promoting the use of sustainable energy solutions, leading to the demand for torque sensors in wind turbines and other renewable energy applications. |
4.3 Market Restraints |
4.3.1 High initial investment required for implementing torque sensors, which may deter small and medium-sized businesses in Suriname. |
4.3.2 Lack of awareness and technical expertise among end-users about the benefits and applications of torque sensors. |
4.3.3 Limited availability of skilled professionals for the installation, maintenance, and calibration of torque sensors in Suriname. |
5 Suriname Torque Sensor Market Trends |
6 Suriname Torque Sensor Market Segmentations |
6.1 Suriname Torque Sensor Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Suriname Torque Sensor Market Revenues & Volume, By Rotary Torque Sensors, 2021-2031F |
6.1.3 Suriname Torque Sensor Market Revenues & Volume, By Reaction Torque Sensors, 2021-2031F |
6.2 Suriname Torque Sensor Market, By Application |
6.2.1 Overview and Analysis |
6.2.2 Suriname Torque Sensor Market Revenues & Volume, By Automotive, 2021-2031F |
6.2.3 Suriname Torque Sensor Market Revenues & Volume, By Test & Measurement, 2021-2031F |
6.2.4 Suriname Torque Sensor Market Revenues & Volume, By Industrial, 2021-2031F |
6.2.5 Suriname Torque Sensor Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.6 Suriname Torque Sensor Market Revenues & Volume, By Others, 2021-2031F |
6.3 Suriname Torque Sensor Market, By Technology |
6.3.1 Overview and Analysis |
6.3.2 Suriname Torque Sensor Market Revenues & Volume, By Strain Gauge, 2021-2031F |
6.3.3 Suriname Torque Sensor Market Revenues & Volume, By Surface Acoustic Wave (SAW), 2021-2031F |
6.3.4 Suriname Torque Sensor Market Revenues & Volume, By Optical, 2021-2031F |
6.3.5 Suriname Torque Sensor Market Revenues & Volume, By Magnetoelastic, 2021-2031F |
7 Suriname Torque Sensor Market Import-Export Trade Statistics |
7.1 Suriname Torque Sensor Market Export to Major Countries |
7.2 Suriname Torque Sensor Market Imports from Major Countries |
8 Suriname Torque Sensor Market Key Performance Indicators |
8.1 Percentage increase in the adoption of torque sensors in key industries in Suriname. |
8.2 Rate of growth in the number of partnerships and collaborations between torque sensor manufacturers and local businesses in Suriname. |
8.3 Number of training programs and workshops conducted to educate end-users about the benefits and applications of torque sensors. |
9 Suriname Torque Sensor Market - Opportunity Assessment |
9.1 Suriname Torque Sensor Market Opportunity Assessment, By Type , 2021 & 2031F |
9.2 Suriname Torque Sensor Market Opportunity Assessment, By Application , 2021 & 2031F |
9.3 Suriname Torque Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
10 Suriname Torque Sensor Market - Competitive Landscape |
10.1 Suriname Torque Sensor Market Revenue Share, By Companies, 2024 |
10.2 Suriname 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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