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
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. 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
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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