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