Torque Sensors Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031 - By Product, Technology, Grade, Application, End-user, Region: (North America, Europe, Asia Pacific, Latin America and Middle East and Africa)

Description

Torque sensors are essential devices used for measuring the torque of rotating systems such as electric motors, engines, gearboxes, and craft shifts. Accurate torque measurement and monitoring are crucial for the efficient operation and maintenance of machines and engines.

The torque sensor market is poised for significant growth, driven by emerging applications, increasing demand for precise measurement technology, and high demand from the automotive sector. However, technological challenges due to the diversity in torque sensor applications pose a potential restraint to market expansion.

Market Trends in Torque Sensors

High Demand for Rotary Torque Sensors

Rotary torque sensors are extensively used in the automotive industry for various applications including engine testing, electric motor testing, and efficiency testing. The automotive sector's demand for rotary torque sensors is further fueled by the introduction of advanced products by key market players, aimed at meeting the evolving needs of customers.

Rising Need for Accurate Torque Measurement Technology

The torque sensor market is expected to grow substantially, spurred by the emergence of new applications. Industries are increasingly emphasizing performance optimization and quality control, which drives the adoption of torque sensors. Notably, the use of torque sensors in robotics and medical prosthetics is anticipated to be a significant growth driver.

Development of Non-contact & Wireless Sensors

Manufacturers are innovating with new torque sensing technologies, including the development of non-contact and wireless sensors based on surface acoustic wave (SAW), magnetoelastic, and optical technologies. Advances in sensing technology, coupled with cost reductions, have broadened the application scope of torque sensors, thus fostering market growth.

Strict Government Regulations on Machine Safety

In developed countries such as the U.S., U.K., Canada, Germany, and France, stringent government regulations on machine safety are boosting the adoption of advanced systems like torque sensors across various industries. Technological advancements have enhanced the performance, accuracy, and reliability of torque sensors, contributing to improved safety in machine operations.

Regional Outlook of Torque Sensors Market

East Asia holds a prominent position in the torque sensors market, with the region accounting for a significant share. This dominance is expected to continue throughout the forecast period. North America follows, with the market expected to expand at the highest compound annual growth rate (CAGR). Europe, South Asia, and the Pacific regions also exhibit substantial sales of torque sensors.

Impact of COVID-19 on the Torque Sensors Market

The COVID-19 pandemic has adversely affected the adoption of torque sensors in the manufacturing industry. Nationwide lockdowns and reduced workforce attendance have led to decreased production efficiency and constrained procurement budgets. These factors are likely to impede market growth in the near term.

Analysts' Viewpoint

The torque sensors market is projected to experience steady growth. Stakeholders should focus on the markets in Asia and North America to boost sales and profits. The demand for rotary torque sensors is expected to be particularly strong, presenting opportunities for manufacturers.

Segmentation of the Torque Sensors Market

Fairfield Market Research's study on the torque sensors market provides a comprehensive market taxonomy. The market is segmented by product, mechanical configuration, application, and region, with detailed analysis and growth data for each segment.

By Product

Rotary Torque Sensors
Reaction Torque Sensors
SAW Torque Sensors
Optical Torque Sensors
Others

By Mechanical Configuration

Shaft Style
Flange Style

By Application

Automotive & Transportation
Aerospace & Defense
Medical & Healthcare
Others

By Region

North America
Latin America
Europe
APAC
MEA

1. Executive Summary

1.1. Global Torque Sensors Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2023
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Production Output and Trade Statistics, 2019-2023

3.1. Global Torque Sensors Production Output, by Region, Value (US$ Bn) and Volume (Units), 2019-2023
- 3.1.1. North America
- 3.1.2. Europe
- 3.1.3. Asia Pacific
- 3.1.4. Latin America
- 3.1.5. Middle East and Africa

4. Price Analysis, 2023

4.1. Global Average Price Analysis, by Product, US$ Per Unit, 2023
4.2. Prominent Factor Affecting Torque Sensors Prices
4.3. Global Average Price Analysis, by Region, US$ Per Unit, 2023

5. Global Torque Sensors Market Outlook, 2019-2031

5.1. Global Torque Sensors Market Outlook, By Product, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.1.1. Key Highlights
  - 5.1.1.1. Rotary Torque Sensors
  - 5.1.1.2. SAW Torque Sensors
  - 5.1.1.3. Optical Torque Sensors
  - 5.1.1.4. Reaction Torque Sensors
  - 5.1.1.5. Others
5.2. Global Torque Sensors Market Outlook, By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.2.1. Key Highlights
  - 5.2.1.1. Shaft Style
  - 5.2.1.2. Flange Style
5.3. Global Torque Sensors Market Outlook, By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.3.1. Key Highlights
  - 5.3.1.1. Aerospace & Defence
  - 5.3.1.2. Automotive & Transportation
  - 5.3.1.3. Medical & Healthcare
  - 5.3.1.4. Others
5.4. Global Torque Sensors Market Outlook, by Region, Value (US$ Bn) and Volume (Units), 2019-2031
- 5.4.1. Key Highlights
  - 5.4.1.1. North America
  - 5.4.1.2. Europe
  - 5.4.1.3. Asia Pacific
  - 5.4.1.4. Latin America
  - 5.4.1.5. Middle East & Africa

6. North America Torque Sensors Market Outlook, 2019-2031

6.1. North America Torque Sensors Market Outlook, By Product, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.1.1. Key Highlights
  - 6.1.1.1. Rotary Torque Sensors
  - 6.1.1.2. SAW Torque Sensors
  - 6.1.1.3. Optical Torque Sensors
  - 6.1.1.4. Reaction Torque Sensors
  - 6.1.1.5. Others
6.2. North America Torque Sensors Market Outlook, By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.2.1. Key Highlights
  - 6.2.1.1. Shaft Style
  - 6.2.1.2. Flange Style
6.3. North America Torque Sensors Market Outlook, By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.3.1. Key Highlights
  - 6.3.1.1. Aerospace & Defence
  - 6.3.1.2. Automotive & Transportation
  - 6.3.1.3. Medical & Healthcare
  - 6.3.1.4. Others
6.4. North America Torque Sensors Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.4.1. Key Highlights
  - 6.4.1.1. U.S. Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.4.1.2. U.S. Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.4.1.3. U.S. Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.4.1.4. Canada Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.4.1.5. Canada Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 6.4.1.6. Canada Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 6.4.2. BPS Analysis/Market Attractiveness Analysis

7. Europe Torque Sensors Market Outlook, 2019-2031

7.1. Europe Torque Sensors Market Outlook, By Product, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.1.1. Key Highlights
  - 7.1.1.1. Rotary Torque Sensors
  - 7.1.1.2. SAW Torque Sensors
  - 7.1.1.3. Optical Torque Sensors
  - 7.1.1.4. Reaction Torque Sensors
  - 7.1.1.5. Others
7.2. Europe Torque Sensors Market Outlook, By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.2.1. Key Highlights
  - 7.2.1.1. Shaft Style
  - 7.2.1.2. Flange Style
7.3. Europe Torque Sensors Market Outlook, By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.3.1. Key Highlights
  - 7.3.1.1. Aerospace & Defence
  - 7.3.1.2. Automotive & Transportation
  - 7.3.1.3. Medical & Healthcare
  - 7.3.1.4. Others
7.4. Europe Torque Sensors Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.4.1. Key Highlights
  - 7.4.1.1. Germany Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.2. Germany Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.3. Germany Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.4. U.K. Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.5. U.K. Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.6. U.K. Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.7. France Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.8. France Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.9. France Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.10. Italy Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.11. Italy Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.12. Italy Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.13. Turkiye Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.14. Turkiye Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.15. Turkiye Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.16. Russia Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.17. Russia Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.18. Russia Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.19. Rest of Europe Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.20. Rest of Europe Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 7.4.1.21. Rest of Europe Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 7.4.2. BPS Analysis/Market Attractiveness Analysis

8. Asia Pacific Torque Sensors Market Outlook, 2019-2031

8.1. Asia Pacific Torque Sensors Market Outlook, By Product, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.1.1. Key Highlights
  - 8.1.1.1. Rotary Torque Sensors
  - 8.1.1.2. SAW Torque Sensors
  - 8.1.1.3. Optical Torque Sensors
  - 8.1.1.4. Reaction Torque Sensors
  - 8.1.1.5. Others
8.2. Asia Pacific Torque Sensors Market Outlook, By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.2.1. Key Highlights
  - 8.2.1.1. Shaft Style
  - 8.2.1.2. Flange Style
8.3. Asia Pacific Torque Sensors Market Outlook, By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.3.1. Key Highlights
  - 8.3.1.1. Aerospace & Defence
  - 8.3.1.2. Automotive & Transportation
  - 8.3.1.3. Medical & Healthcare
  - 8.3.1.4. Others
8.4. Asia Pacific Torque Sensors Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.4.1. Key Highlights
  - 8.4.1.1. China Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.2. China Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.3. China Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.4. Japan Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.5. Japan Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.6. Japan Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.7. South Korea Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.8. South Korea Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.9. South Korea Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.10. India Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.11. India Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.12. India Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.13. Southeast Asia Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.14. Southeast Asia Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.15. Southeast Asia Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.16. Rest of Asia Pacific Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.17. Rest of Asia Pacific Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 8.4.1.18. Rest of Asia Pacific Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 8.4.2. BPS Analysis/Market Attractiveness Analysis

9. Latin America Torque Sensors Market Outlook, 2019-2031

9.1. Latin America Torque Sensors Market Outlook, By Product, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.1.1. Key Highlights
  - 9.1.1.1. Rotary Torque Sensors
  - 9.1.1.2. SAW Torque Sensors
  - 9.1.1.3. Optical Torque Sensors
  - 9.1.1.4. Reaction Torque Sensors
  - 9.1.1.5. Others
9.2. Latin America Torque Sensors Market Outlook, By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.2.1. Key Highlights
  - 9.2.1.1. Shaft Style
  - 9.2.1.2. Flange Style
9.3. Latin America Torque Sensors Market Outlook, By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.3.1. Key Highlights
  - 9.3.1.1. Aerospace & Defence
  - 9.3.1.2. Automotive & Transportation
  - 9.3.1.3. Medical & Healthcare
  - 9.3.1.4. Others
9.4. Latin America Torque Sensors Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.4.1. Key Highlights
  - 9.4.1.1. Brazil Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.2. Brazil Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.3. Brazil Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.4. Mexico Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.5. Mexico Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.6. Mexico Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.7. Argentina Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.8. Argentina Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.9. Argentina Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.10. Rest of Latin America Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.11. Rest of Latin America Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 9.4.1.12. Rest of Latin America Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 9.4.2. BPS Analysis/Market Attractiveness Analysis

10. Middle East & Africa Torque Sensors Market Outlook, 2019-2031

10.1. Middle East & Africa Torque Sensors Market Outlook, By Product, Value (US$ Bn) and Volume (Units), 2019-2031
- 10.1.1. Key Highlights
  - 10.1.1.1. Rotary Torque Sensors
  - 10.1.1.2. SAW Torque Sensors
  - 10.1.1.3. Optical Torque Sensors
  - 10.1.1.4. Reaction Torque Sensors
  - 10.1.1.5. Others
10.2. Middle East & Africa Torque Sensors Market Outlook, By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
- 10.2.1. Key Highlights
  - 10.2.1.1. Shaft Style
  - 10.2.1.2. Flange Style
10.3. Middle East & Africa Torque Sensors Market Outlook, By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 10.3.1. Key Highlights
  - 10.3.1.1. Aerospace & Defence
  - 10.3.1.2. Automotive & Transportation
  - 10.3.1.3. Medical & Healthcare
  - 10.3.1.4. Others
10.4. Middle East & Africa Torque Sensors Market Outlook, by Country, Value (US$ Bn) and Volume (Units), 2019-2031
- 10.4.1. Key Highlights
  - 10.4.1.1. GCC Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.2. GCC Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.3. GCC Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.4. South Africa Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.5. South Africa Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.6. South Africa Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.7. Egypt Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.8. Egypt Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.9. Egypt Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.10. Nigeria Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.11. Nigeria Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.12. Nigeria Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.13. Rest of Middle East & Africa Torque Sensors Market By Product, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.14. Rest of Middle East & Africa Torque Sensors Market By Mechanical Configuration, Value (US$ Bn) and Volume (Units), 2019-2031
  - 10.4.1.15. Rest of Middle East & Africa Torque Sensors Market By Application, Value (US$ Bn) and Volume (Units), 2019-2031
- 10.4.2. BPS Analysis/Market Attractiveness Analysis

11. Competitive Landscape

11.1. Company Market Share Analysis, 2023
11.2. Competitive Dashboard
11.3. Company Profiles
- 11.3.1. ABB Ltd.
  - 11.3.1.1. Company Overview
  - 11.3.1.2. Product Portfolio
  - 11.3.1.3. Financial Overview
  - 11.3.1.4. Business Strategies and Development
- 11.3.2. FUTEK Advanced Sensor Technology, Inc.
  - 11.3.2.1. Company Overview
  - 11.3.2.2. Product Portfolio
  - 11.3.2.3. Financial Overview
  - 11.3.2.4. Business Strategies and Development
- 11.3.3. Interface Inc.
  - 11.3.3.1. Company Overview
  - 11.3.3.2. Product Portfolio
  - 11.3.3.3. Financial Overview
  - 11.3.3.4. Business Strategies and Development
- 11.3.4. Honeywell International, Inc.
  - 11.3.4.1. Company Overview
  - 11.3.4.2. Product Portfolio
  - 11.3.4.3. Financial Overview
  - 11.3.4.4. Business Strategies and Development
- 11.3.5. Kistler Holding AG
  - 11.3.5.1. Company Overview
  - 11.3.5.2. Product Portfolio
  - 11.3.5.3. Financial Overview
  - 11.3.5.4. Business Strategies and Development
- 11.3.6. HBM GmbH
  - 11.3.6.1. Company Overview
  - 11.3.6.2. Product Portfolio
  - 11.3.6.3. Financial Overview
  - 11.3.6.4. Business Strategies and Development
- 11.3.7. ATI Industrial Automation, Inc.
  - 11.3.7.1. Company Overview
  - 11.3.7.2. Product Portfolio
  - 11.3.7.3. Financial Overview
  - 11.3.7.4. Business Strategies and Development
- 11.3.8. Crane Electronics Ltd.
  - 11.3.8.1. Company Overview
  - 11.3.8.2. Product Portfolio
  - 11.3.8.3. Financial Overview
  - 11.3.8.4. Business Strategies and Development
- 11.3.9. Sensor Technology Ltd.
  - 11.3.9.1. Company Overview
  - 11.3.9.2. Product Portfolio
  - 11.3.9.3. Financial Overview
  - 11.3.9.4. Business Strategies and Development
- 11.3.10. Datum Electronic Limited
  - 11.3.10.1. Company Overview
  - 11.3.10.2. Product Portfolio
  - 11.3.10.3. Financial Overview
  - 11.3.10.4. Business Strategies and Development

12. Appendix

12.1. Research Methodology
12.2. Report Assumptions
12.3. Acronyms and Abbreviations