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Global Force Sensors Market

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.

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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<strong>Global</strong> <strong>Force</strong> <strong>Sensors</strong><br />

<strong>Market</strong><br />

Share, <strong>Global</strong> Trends,<br />

Analysis, Research, Report,<br />

Opportunities,<br />

Segmentation and Forecast,<br />

2015 – 2025<br />

Future <strong>Market</strong> Insights<br />

www.futuremarketinsights.com<br />

sales@futuremarketinsights.com


Report Description<br />

<strong>Force</strong> sensors are also known as force transducers that converts an input mechanical force into<br />

an electrical output signal. It act as a force sensing resistor in an electric circuit. It has various<br />

benefits such as flexibility and ultra-thin sensor construction which leads to minimal interference<br />

in normal action of device and precise response. Depending upon the working and sensing<br />

method, variety of force sensors are available in the market.<br />

<strong>Force</strong> Sensor <strong>Market</strong>: Drivers and Restraint<br />

The global force sensor market is expected to witness substantial growth over the period of<br />

forecast. Technological advancement, low manufacturing cost, increasing product demand, rise<br />

in the demand of industrial robots, advancement of medical devices with force sensing<br />

technology, innovations and development in the manufacturing are the few factors encouraging<br />

the growth of global force sensor market. On the other hand, factors which are restraining the<br />

global force sensor market are instability in the demand across various end-user industry and<br />

underdeveloped aftermarket sales channels.<br />

<strong>Force</strong> Sensor <strong>Market</strong>: Segmentation<br />

The global force sensor market can be segmented into type, application and region. On the basis<br />

of type, the global force sensor market can be segmented into, optical force sensor,<br />

piezoresistive force sensor, capacitive force sensor, magnetic force sensor, ultrasonic force<br />

sensor, strain gauges, and electrochemical force sensors.


Report Description<br />

<strong>Sensors</strong> has become an essential part of any measurement and automation applications. Overall<br />

global sensor market is witnessing a trend of increasing sensor accuracy, reliability, response<br />

time, efficiency, communication capability and robustness encourages the demand for sensors<br />

across various applications. On the basis of application, the global force sensor market can be<br />

segmented into, medical & pharmaceutical sector, automotive, printing & packaging, consumer<br />

electronics, industrial (robotic & manufacturing), and aerospace & defence. Key developments<br />

in the prominent industries such as medical & pharmaceuticals, robotics, aerospace & defence,<br />

manufacturing and others is expected to encourage the growth of global force sensor market by<br />

2025. <strong>Force</strong> sensors are used in manufacturing tools, transportation equipment, microelectronic<br />

packaging, transportation equipment etc. <strong>Force</strong> sensors can also be used in wireless inventory<br />

management system to improve order scheduling which helps in avoiding inventory stock-out<br />

issue.<br />

Request Free Report Sample@ http://www.futuremarketinsights.com/reports/sample/rep-gb-<br />

272<br />

<strong>Force</strong> Sensor <strong>Market</strong>: Region wise outlook<br />

On the basis of region, the global force sensor market can be seven regions which include –<br />

North America, Latin America, Asia-Pacific excluding Japan (APEJ), Western Europe, Eastern<br />

Europe, Japan and Middle East & Africa. North America is dominating the global force sensor<br />

market due to high technological advancement and increasing adoption among various end-user


Report Description<br />

However, revenue contribution from Asia Pacific excluding Japan is expected to grow<br />

significantly over the forecast period.<br />

Request For TOC@ http://www.futuremarketinsights.com/toc/rep-gb-272<br />

<strong>Force</strong> Sensor <strong>Market</strong>: Key Players<br />

Key players in the global force sensor market are FUTEK Advanced Sensor Technology, Inc.,<br />

OMRON Corporation, Texas Instruments Incorporated are the top players are global force sensor<br />

market. Apart from them, various other players are existing in market such as TE Connectivity<br />

Ltd., Tekscan, Inc., ATI Industrial Automation, and Sensata Technologies, Inc. Key players are<br />

focusing on development of new technologies and new product launch. Merger and acquisition<br />

is another activity observed in the market by the market participants to increase their product<br />

portfolio and to grow the business. The growth in global force sensor market is also due to<br />

growing awareness about the potential use of force sensors in different electronic devices by<br />

the original equipment manufacturers. For example, in August 2015, Apple, Inc. posted a patent<br />

report, “An Advanced <strong>Force</strong> Touch Patent for the iPad Surfaces in Europe” to develop techniques<br />

to integrate the force sensors into the iPhone and iPad.<br />

Report Analysis@ http://www.futuremarketinsights.com/reports/sensors-market.


Report Description<br />

North America, Latin America, Asia-Pacific excluding Japan (APEJ), Western Europe, Eastern<br />

Europe, Japan and Middle East & Africa. North America is dominating the global force sensor<br />

market due to high technological advancement and increasing adoption among various end-user<br />

applications. However, revenue contribution from Asia Pacific excluding Japan is expected to<br />

grow significantly over the forecast period.<br />

<strong>Force</strong> Sensor <strong>Market</strong>: Key Players<br />

Key players in the global force sensor market are FUTEK Advanced Sensor Technology, Inc.,<br />

OMRON Corporation, Texas Instruments Incorporated are the top players are global force sensor<br />

market. Apart from them, various other players are existing in market such as TE Connectivity<br />

Ltd., Tekscan, Inc., ATI Industrial Automation, and Sensata Technologies, Inc. Key players are<br />

focusing on development of new technologies and new product launch. Merger and acquisition<br />

is another activity observed in the market by the market participants to increase their product<br />

portfolio and to grow the business. The growth in global force sensor market is also due to<br />

growing awareness about the potential use of force sensors in different electronic devices by<br />

the original equipment manufacturers. For example, in August 2015, Apple, Inc. posted a patent<br />

report, “An Advanced <strong>Force</strong> Touch Patent for the iPad Surfaces in Europe” to develop techniques<br />

to integrate the force sensors into the iPhone and iPad.<br />

Report Analysis@ http://www.futuremarketinsights.com/reports/sensors-market.


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