A magnet-based angular displacement measuring system for measuring a rotational movement of a driveshaft. The magnet-based angular displacement measuring system includes a drive shaft comprising a free end. The free end has a coaxial recess so as to form a hollow shaft section. An exciter unit is rotationally coupled to the free end of the drive shaft. A stationary sensor unit functionally cooperates with the exciter unit to measure the rotational movement of the drive shaft.