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Force Sensors Market Growth Outlook with Industry Review and Forecasts from 2017-2024

For More Information @ http://bit.ly/2tPIx3y Force Sensors Market size shall witness a healthy growth in forecast period with application in aerospace, defence, printing, packaging, robotics and automotive industry. Its usage has increased for advanced electronic control systems as the product improve response time and efficiency of machines.

For More Information @ http://bit.ly/2tPIx3y
Force Sensors Market size shall witness a healthy growth in forecast period with application in aerospace, defence, printing, packaging, robotics and automotive industry. Its usage has increased for advanced electronic control systems as the product improve response time and efficiency of machines.

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<strong>Force</strong> <strong>Sensors</strong> <strong>Market</strong> trends research <strong>and</strong> projections<br />

for <strong>2017</strong>-<strong>2024</strong>: Global <strong>Market</strong> Insights Inc.<br />

This <strong>Force</strong> <strong>Sensors</strong> <strong>Market</strong> report is an exhaustive research on company’s active in<br />

<strong>Force</strong> <strong>Sensors</strong> sector, its applications, products, end-users, trends <strong>and</strong> predictions on<br />

how the market will grow in coming years.<br />

<strong>Force</strong> <strong>Sensors</strong> <strong>Market</strong> size shall witness a healthy growth in forecast period <strong>with</strong><br />

application in aerospace, defence, printing, packaging, robotics <strong>and</strong> automotive<br />

industry. Its usage has increased for advanced electronic control systems as the<br />

product improve response time <strong>and</strong> efficiency of machines. Additionally, this has ultrathin<br />

construction (thickness less than 0.5mm) that provides flexibility <strong>and</strong> minimizes<br />

interference <strong>and</strong> disturbance to normal action. These factors are expected to propel<br />

force sensors market during the forecast timeframe.<br />

<strong>Force</strong> sensors are sensing device <strong>and</strong> act as pressure sensing resistor in electrical<br />

circuit. Resistance of the device is very high at no load condition <strong>and</strong> as force is<br />

applied, resistance decreases <strong>and</strong> is measured by millimetre. On application of<br />

pressure corresponding electric current value gets generated. These are supplied as<br />

polymer sheet that is applied by screen printing. It consists of both electrically<br />

conducting <strong>and</strong> non-conducting particles present in form of matrix. The particles are<br />

in sub micrometre size, formulated to enhance mechanical properties, increase<br />

surface durability <strong>and</strong> reduce temperature dependence.<br />

Adoption of internet of things (IOT) technology has augmented its usage in consumer<br />

electronics, healthcare, home automation <strong>and</strong> retail & logistics to enhance<br />

performance capabilities. The product has an edge over counterparts owing to its<br />

affordability <strong>and</strong> good shock resistance. Robot application in industries has propelled<br />

in current years <strong>and</strong> technological development has increased its use in medical<br />

devices to improve precision. Medical device market has registered a CAGR above<br />

5% that has enhanced product usage. Such factors are expected to further boost force<br />

sensors market.<br />

Major restraint for force sensors market is volatility in dem<strong>and</strong>. Dem<strong>and</strong> is not fixed<br />

among end use sector that acts as a challenge for its manufacturing plans. Rejection<br />

rate in manufacturing facilities is quite high either due to damage or low sensitivity that<br />

can reduce overall production capacity. Further, aftermarket sales channel is not fully<br />

developed that restricts product growth.<br />

Based on type, force sensors market is segmented into, capacitive, strain gauge,<br />

piezoelectric, piezo resistive, optical, load cell, ultrasonic, magnetic <strong>and</strong><br />

electrochemical. Capacitive contributes majorly <strong>with</strong> applications in computer mouse,<br />

mobile phones <strong>and</strong> digital audio players owing to excellent sensitivity, repeatability<br />

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<strong>and</strong> temperature stability. Piezoelectric type is growing at fast pace owing to its use in<br />

touch pads of mobile phones <strong>and</strong> to monitor combustion in internal combustion<br />

engines. Magnetic field based sensors have substantial share as these are small in<br />

size that provide higher spatial resolution <strong>and</strong> does not require microfabrication <strong>with</strong><br />

overall cost reduction.<br />

Various end-use industries in force sensors market is classified as aerospace,<br />

defence, printing, packaging, robotics <strong>and</strong> automotive. Automotive segment has<br />

significant share as these are essential components in automotive electric control<br />

system including oil pressure sensing, tire pressure monitoring <strong>and</strong> engine<br />

management system. Stringent government regulations for emissions monitoring has<br />

further enhanced its usage.<br />

<strong>Growth</strong> in deployment of robotics in manufacturing facilities <strong>and</strong> medical industries to<br />

improve efficiency <strong>and</strong> accuracy has amplified force sensors market. Aerospace <strong>and</strong><br />

defence segment has substantial share owing to use of piezoelectric sensors for<br />

cryogenic fuel pulsation, testing rocket motor combustion instability, monitoring<br />

helicopter health <strong>and</strong> hydraulic pump elevation.<br />

North America contributes considerably in global force sensors market <strong>with</strong> rapid<br />

technological advancement <strong>and</strong> increasing application in end use industry. Presence<br />

of NASA (National Aeronautics <strong>and</strong> Space Administration) <strong>and</strong> strong defence industry<br />

further promotes its adoption.<br />

Asia Pacific has significant share <strong>with</strong> use of capacitive type in touch pad mobile<br />

phones. The region has highest share in smart phones owing to presence of global<br />

players such as Samsung, Ericsson <strong>and</strong> Huawei. Europe, led by Germany has<br />

substantial share <strong>with</strong> well-established <strong>and</strong> flourishing automobile industry hosting<br />

giants such as Audi <strong>and</strong> Volkswagen.<br />

Prominent manufacturers of force sensors market are Tekscan, TE Connectivity,<br />

Feutek Advanced Technology, Measurement Specialities, Siemens, Sensitronics,<br />

Omron Corporation, Texas Instruments, ATI Industrial Automation, Digi Key <strong>and</strong> GE<br />

Measurement. Companies are devising new technology to manufacture better product<br />

<strong>and</strong> minimize damage. For instance, Tekscan has developed wireless ‘Flexi<strong>Force</strong>’<br />

technology to reduce their damage <strong>and</strong> increase their profitability.<br />

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About Global <strong>Market</strong> Insights<br />

Global <strong>Market</strong> Insights, Inc., headquartered in Delaware, U.S., is a global market<br />

research <strong>and</strong> consulting service provider; offering syndicated <strong>and</strong> custom research<br />

reports along <strong>with</strong> growth consulting services. Our business intelligence <strong>and</strong> industry<br />

research reports offer clients <strong>with</strong> penetrative insights <strong>and</strong> actionable market data<br />

specially designed <strong>and</strong> presented to aid strategic decision making. These exhaustive<br />

reports are designed via a proprietary research methodology <strong>and</strong> are available for key<br />

industries such as chemicals, advanced materials, technology, renewable energy <strong>and</strong><br />

biotechnology.<br />

Contact Us:<br />

Arun Hegde<br />

Corporate Sales, USA<br />

Global <strong>Market</strong> Insights, Inc.<br />

Phone: 1-302-846-7766<br />

Toll Free 1-888-689-0688<br />

Email: sales@gminsights.com<br />

Website: https://www.gminsights.com<br />

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