Global Force Sensors
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2016-2026
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Report
Description
Report Description
Force sensors are also known as force transducers that converts an input mechanical
force into an electrical output signal. It act as a force sensing resistor in an electric circuit.
It has various benefits such as flexibility and ultra-thin sensor construction which leads to
minimal interference in normal action of device and precise response. Depending upon
the working and sensing method, variety of force sensors are available in the market.
Force Sensor Market: Drivers and Restraint
The global force sensor market is expected to witness substantial growth over the period
of forecast. Technological advancement, low manufacturing cost, increasing product
demand, rise in the demand of industrial robots, advancement of medical devices with
force sensing technology, innovations and development in the manufacturing are the few
factors encouraging the growth of global force sensor market.
On the other hand, factors which are restraining the global force sensor market are
instability in the demand across various end-user industry and underdeveloped
aftermarket sales channels.
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Force Sensor Market: Segmentation
The global force sensor market can be segmented into type, application and region. On
the basis of type, the global force sensor market can be segmented into, optical force
sensor, piezoresistive force sensor, capacitive force sensor, magnetic force sensor,
ultrasonic force sensor, strain gauges, and electrochemical force sensors
Report
Description
Report Description
Sensors has become an essential part of any measurement and automation applications.
Overall global sensor market is witnessing a trend of increasing sensor accuracy,
reliability, response time, efficiency, communication capability and robustness
encourages the demand for sensors across various applications. On the basis of
application, the global force sensor market can be segmented into, medical &
pharmaceutical sector, automotive, printing & packaging, consumer electronics,
industrial (robotic & manufacturing), and aerospace & defence. Key developments in the
prominent industries such as medical & pharmaceuticals, robotics, aerospace & defence,
manufacturing and others is expected to encourage the growth of global force sensor
market by 2025. Force sensors are used in manufacturing tools, transportation
equipment, microelectronic packaging, transportation equipment etc. Force sensors can
also be used in wireless inventory management system to improve order scheduling
which helps in avoiding inventory stock-out issue.
Force Sensor Market: Region wise outlook
On the basis of region, the global force sensor market can be seven regions which include
– North America, Latin America, Asia-Pacific excluding Japan (APEJ), Western Europe,
Eastern Europe, Japan and Middle East & Africa. North America is dominating the global
force sensor market due to high technological advancement and increasing adoption
among various end-user applications. However, revenue contribution from Asia Pacific
excluding Japan is expected to grow significantly over the forecast period.
Report
Description
Report Description
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Force Sensor Market: Key Players
Key players in the global force sensor market are FUTEK Advanced Sensor Technology,
Inc., OMRON Corporation, Texas Instruments Incorporated are the top players are
global force sensor market. Apart from them, various other players are existing in
market such as TE Connectivity Ltd., Tekscan, Inc., ATI Industrial Automation, and
Sensata Technologies, Inc. Key players are focusing on development of new
technologies and new product launch. Merger and acquisition is another activity
observed in the market by the market participants to increase their product portfolio
and to grow the business. The growth in global force sensor market is also due to
growing awareness about the potential use of force sensors in different electronic
devices by the original equipment manufacturers. For example, in August 2015, Apple,
Inc. posted a patent report, “An Advanced Force Touch Patent for the iPad Surfaces in
Europe” to develop techniques to integrate the force sensors into the iPhone and iPad.
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