LONDON, Nov. 24, 2016 /PRNewswire/ -- Torque sensors, also called as torque transducers, are used commonly for measuring the torque of the rotating systems. Torque measurement and monitoring are an important parameter in all machines and engines. To understand and assess the opportunities in this market, the report is segmented into four sections, namely, market analysis by product type, mechanical configuration, application, and region. The report provides information about the key trends, drivers, and restraints influencing the growth of the global torque sensor market currently. Impact analysis of key growth drivers and restraints, based on the weighted average model, is included in this report to better equip clients with crystal clear decision-making insights. The report starts with an overview and introduction of the global torque sensor market and market segments. In the same section, PMR offers insights about the global torque sensor market performance in terms of value. The torque sensor market is segmented as follows: By Product Type By Mechanical Configuration By Application By Region On the basis of product type, the torque sensor market is segmented as follows: Rotary Torque SensorReaction/ Static Torque SensorOptical Torque SensorSurface Acoustic Wave (SAW) Torque SensorOther - Magnetoelastic Torque Sensor Of these, the rotary torque sensor segment accounted for the highest value share of the global torque sensor market in 2014. The global torque sensor market is mainly driven by factors such as emerging applications of torque sensors, rising demand for precise torque measurement technology, and high demand from the automotive application segment. Major trends observed in the global torque sensor market include the development of non-contact & wireless sensors, growing adoption of quality standard specifications (such as ISO 9000), and strict government regulations related to machine safety in developed countries. The report also comprises a section that analyzes the market on the basis of mechanical configuration and evaluates the market size in terms of value for the forecast period.