Global Market for Force Sensor is Anticipated to grow at a Significant Pace i.e., USD 3.11 Billion during the Forecast Period 2021-2027

Published Date: Jun, 2021

The global force sensor market is expected to witness a CAGR of 5.25% during the forecast period. Force sensors are transducers converting the mechanical input signal into an electrical output signal and offer ultra-thin sensor construction with greater flexibility. Thus, highly durable and are used in applications across various industry verticals. The global market is anticipated to be affected by various macroeconomic and industry-specific factors over the projected period. Technological development, low manufacturing cost, rising product demand, increase in demand for industrial robots, development in medical devices with force-sensing technology, innovations, and advancements in manufacturing, and increasing adoption in consumer electronics owing to the growing popularity of touch interface devices are some of the factors that drive the growth of forces sensor market globally. However, instability in the demand across the end-user industry and underdeveloped aftermarket sales channels will restrain the growth of the global force sensor market.

The COVID-19 pandemic has disrupted all industries. In the short run, the force sensor market is also been affected as many industrial players have closed down their production facilities so as to safeguard their employee health and unavailability of raw materials for manufacturing of components, act as a restraining factor for the growth of the market as the manufacturing companies were not able to deliver their product. The automotive sector in the force sensor market is anticipated to be severely impacted due to the lockdown and restraining the operations in manufacturing and production industries globally.

Swiss sensor product manufacturing company TE Connectivity is providing Force Load Cells for the Internet of Things (IoT) market, which can be used in consumer devices, Industry 4.0, and medical applications to collect a wide range of data. The highly advanced force load cells developed by TE Connectivity can provide accurate and highly reliable measurements.

Browse 49 market data Tables and 35 Figures spread through 187 Pages and in-depth TOC on " Force Sensor Market by Technology (Optic Force sensor, Piezoelectric Force Sensor, Piezo-resistive Force Sensor, Strain Gauge, Capacitive Force Sensor, Magnetic Force Sensor, Electrochemical Force Sensor, Ultrasonic Force Sensor, Load Cell Sensor, and Others), by Force Type (Compression Force Sensor, Tension Force Sensor, and Compression & Tension Force Sensor) by End-User (Packaging, Healthcare, Aerospace and Defense, Industrial Manufacturing, Consumer Electronics, Automotive, and Others), and Region - Global Forecast to 2027"

The market for manufacturing applications to grow at the highest CAGR during the forecast period

The market for manufacturing applications is anticipated to grow at a high CAGR over the projected period. The industrial sector includes manufacturing and processing industries such as semiconductors, automobiles, aerospace, and defense. Due to the use of piezoelectric sensors for cryogenic fuel pulsation, testing rocket motor combustion instability, monitoring helicopter health, and hydraulic pump elevation, aerospace and defense segments have a significant share in the force sensor market. Automotive manufacturers such as Toyota Motor Corporation and BMW Group are focusing on using advanced, safer, and secure sensor-based products for various automotive applications. Thus, the large-scale deployment of sensors in various industries for the purpose of generating data and monitoring facilities is expected to provide profitable growth opportunities for this application.

Global Force Sensor Market Segmentation Analysis

 

Segment

Categorization

Leading Category

Technology

Optic Force Sensor, Piezoelectric Force Sensor, Piezo-resistive Force Sensor, Strain gauge, Capacitive Force Sensor, Magnetic Force Sensor, Electrochemical Force Sensor, Ultrasonic Force Sensor, Load Cell Sensor, and Others

Strain gauge (Largest) Piezoelectric Force Sensor (Fastest)

 

Force Type

Compression Force Sensor, Tension Force Sensor, and Compression & Tension Force Sensor

Compression & Tension Force Sensor (Largest)

End User

Packaging, Healthcare, Aerospace and Defence, Industrial Manufacturing, Consumer Electronics, Automotive, Others

Consumer Electronics, (Fastest)

 

Region

North America, Europe, Asia-Pacific, and Rest of the World

Europe (Largest)

Asia Pacific (High CAGR)

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“APAC market to grow at high CAGR during the forecast period”

The Asia Pacific is anticipated to have a significant share due to the use of capacitive type in touchpad mobile phones. This region has the highest share in smartphones as many global players such as Samsung, Ericsson, and Huawei are present in the region. Moreover, the tremendous growth of sectors such as automobiles, food & beverages, manufacturing, and bulk material handling industries in emerging economies such as China, Japan, India, and South Korea.

The prominent players in the force sensor market include Honeywell International Inc., Futek Advanced Sensor Technologies, TE Connectivity, Tekscan, Inc., Sherborne Sensors Inc, Measurement & Control Solutions, Infineon Technologies AG, and Siemens AG.

Scope of the Report

Report Metric

Details

Market Size Available for the Years in the Study

2015–2027

Historical Period

2015–2019

Base Year

2019

Forecast Period

2020–2027

Segments Covered in the Study

Technology, Force Type, End-User, and Region

Geographies Covered in the Study

North America (U.S., Canada, Mexico), Europe (Germany, U.K., France, Italy, Spain, Russia), Asia-Pacific (China, Japan, India, South Korea), and Rest of the World (Brazil, Saudi Arabia, South Africa, U.A.E.)

Companies Covered in the Study

Honeywell International Inc., Futek Advanced Sensor Technologies, TE Connectivity Ltd, Tekscan, Inc., Sherborne Sensors Inc, Measurement & Control Solutions, Infineon Technologies AG, Siemens AG.

Global Force Sensor Market Coverage

Technology Insight and Forecast 2020-2027

  • Optic Force Sensor
  • Piezoelectric Force Sensor
  • Piezo-resistive Force sensor
  • Strain gauge
  • Capacitive Force Sensor
  • Magnetic Force Sensor
  • Electrochemical Force Sensor
  • Ultrasonic Force Sensor
  • Load Cell Sensor
  • Others

Force Type Insight and Forecast 2020-2027

  • Compression force Sensor
  • Tension Force Sensor
  • Compression & Tension Force Sensor

End User Insight and Forecast 2020-2027

  • Packaging
  • Healthcare
  • Aerospace and Defence
  • Industrial Manufacturing
  • Consumer Electronics
  • Automotive
  • Others

Geographical Segmentation

Force Sensor Market by Region

North America

  • By Technology
  • By Force Type
  • By End User
  • By Country – U.S., Canada, and Mexico

Europe

  • By Technology
  • By Force Type
  • By End User 
  • By Country – Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe

Asia-Pacific (APAC)

  • By Technology
  • By Force Type
  • By End User
  • By Country – China, Japan, India, South Korea, and Rest of Asia-Pacific

Rest of the World (RoW)

  • By Technology
  • By Force Type
  • By End User
  • By Country – Brazil, Saudi Arabia, South Africa, U.A.E., and Other Countries
Our Industry
Global Market for Force Sensor is Anticipated to grow at a Significant Pace i.e., USD 3.11 Billion during the Forecast Period 2021-2027