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.
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
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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.
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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