Force Sensor Market was valued US $2.08 Bn by 2017 and is estimated to reach US $2.96Bn by 2026 at a CAGR of about 5.84%.
An objective of Force Sensor market is to have healthy growth in the forecasting period with application in defence, aerospace, packaging, printing, robotics and automotive industry. Advanced electronic control systems improve response time and efficiency of machines in the market. Additionally, this has ultra-thin construction of thickness less than 0.5mm, provides flexibility and minimizes interference. The particles of sub micrometer size, increase surface durability, formulated to enhance mechanical properties and reduce temperature dependence.
Force Sensor Market
Based on Technology type, Force Sensor Market is shattering into Optical Force Sensor, Fiber Optic, Photo Elasticity, Opto Mechanical, Tracking of Optical Market (Piezo-Resistive Force Sensor, Piezo-Electric Force Sensor, Capacitive Force Sensor, and Magnetic Force Sensor), Magneto Elastic, Hall Effect & Magneto Resistance (Ultrasonic Force Sensor, Electrochemical Force Sensor, and StrainGauges), Metal Strain Gauges, Semiconductor Strain Gauges, and Load Cell Sensor). Capacitive Force Sensor contribute highest share in the forecasting period. As it majorly follows applications of mobile phones and digital audio players that own to excellent sensitivity and temperature stability. Piezoelectric type is use in touch pads of mobile phones and to monitor combustion in internal engines. Micro fabrication with overall cost reduction provide substantial share as these are small in size.
Based on application Force Sensor market is sectionised into Traffic Engineering, Process Monitoring, and Control Monitoring, Biomedical, Measuring Equipment and Others. Any measurement and automation applications, sensors have become an essential part. Key developments in acclaim industries such as robotics, medical & pharmaceuticals, aerospace & defence, manufacturing and others is expected to encourage the growth of global force sensor market. Usage of wireless inventory management system provide schedule to avoiding inventory stock-out issue.
Based on Verticals Force Sensor market is sectionised into Aerospace & Defense, Manufacturing, Automotive, Agriculture, Medical & Pharmaceuticals, Printing & Packaging, Industrial and Others. Aerospace and defence segment has substantial share in the market. Piezoelectric sensors used for testing rocket motor combustion instability, cryogenic fuel pulsation, monitoring helicopter health and hydraulic pump elevation. Automotive segment has significant share in market.
In terms of geography Force Sensor market is segmented into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. Force sensors market of North America have largest share due to advance technologies and increasing application in end use industry. Presence of NASA and strong defence industry further promotes its adoption in market. Presence of global players such as Samsung and Ericsson and Huawei. Europe, led by Germany has significant share with well-established and flourishing automobile industry hosting giants such as Audi and Volkswagen. Thus Asia Pacific has significant share in force sensor market.
Some of the key players involved in the Force Sensor market are FUTEK Advanced Sensor Technology, Inc., OMRON Corporation, Texas Instruments Incorporated , TE Connectivity Ltd., Tekscan, Inc., ATI Industrial Automation, Sensata Technologies, Inc. , Spectris plc, HONEYWELL INTERNATIONAL INC., Infineon Technologies AG, GEFRAN GROUP, Custom Sensors & Technologies, Inc., Omron Corporation, NXP Semiconductors N.V. , GE Measurement & Control Solutions,, Innovative Sensor Technology, Freescale Semiconductor Inc, ATI Industrial Automation Inc, General Electric
Scope of the Force Sensor Market
Force Sensor Market by Technology Type:
• Optical Force Sensor
• Fiber Optic
• Photo Elasticity
• Opto Mechanical
• Tracking of Optical Markers
o Piezo-Resistive Force Sensor
o Piezo-Electric Force Sensor
o Capacitive Force Sensor
o Magnetic Force Sensor
• Magneto Elastic
• Hall Effect & Magneto Resistance
o Ultrasonic Force Sensor
o Electrochemical Force Sensor
• Metal Strain Gauges
• Semiconductor Strain Gauges
• Load Cell Sensor
Force Sensor Market by Application Type:
• Traffic Engineering
• Process Monitoring
• Control Monitoring
• Measuring Equipment
Force Sensor Market by Verticals Type:
• Aerospace & Defense
• Medical & Pharmaceuticals
• Printing & Packaging
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