This Force
Sensors Market report is an
exhaustive research on company’s active in Force Sensors sector, its
applications, products, end-users, trends and predictions on how the market
will grow in coming years.
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. Additionally, this has ultra-thin
construction (thickness less than 0.5mm) that provides flexibility and
minimizes interference and disturbance to normal action. These factors are
expected to propel force sensors market during the forecast timeframe.
Force sensors are sensing
device and act as pressure sensing resistor in electrical circuit. Resistance
of the device is very high at no load condition and as force is applied,
resistance decreases and is measured by millimetre. On application of pressure corresponding
electric current value gets generated. These are supplied as polymer sheet that
is applied by screen printing. It consists of both electrically conducting and
non-conducting particles present in form of matrix. The particles are in sub
micrometre size, formulated to enhance mechanical properties, increase surface
durability and reduce temperature dependence.
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Adoption of internet of things (IOT) technology has
augmented its usage in consumer electronics, healthcare, home automation and
retail & logistics to enhance performance capabilities. The product has an
edge over counterparts owing to its affordability and good shock resistance.
Robot application in industries has propelled in current years and
technological development has increased its use in medical devices to improve
precision. Medical device market has registered a CAGR above 5% that has
enhanced product usage. Such factors are expected to further boost force
sensors market.
Major restraint for force sensors market is volatility
in demand. Demand is not fixed among end use sector that acts as a challenge for
its manufacturing plans. Rejection rate in manufacturing facilities is quite
high either due to damage or low sensitivity that can reduce overall production
capacity. Further, aftermarket sales channel is not fully developed that
restricts product growth.
Based on type, force sensors market is segmented into,
capacitive, strain gauge, piezoelectric, piezo resistive, optical, load cell,
ultrasonic, magnetic and electrochemical. Capacitive contributes majorly with
applications in computer mouse, mobile phones and digital audio players owing
to excellent sensitivity, repeatability and temperature stability.
Piezoelectric type is growing at fast pace owing to its use in touch pads of
mobile phones and to monitor combustion in internal combustion engines. Magnetic
field based sensors have substantial share as these are small in size that
provide higher spatial resolution and does not require microfabrication with
overall cost reduction.
Various end-use industries in force sensors market is
classified as aerospace, defence, printing, packaging, robotics and automotive.
Automotive segment has significant share as these are essential components in
automotive electric control system including oil pressure sensing, tire
pressure monitoring and engine management system. Stringent government
regulations for emissions monitoring has further enhanced its usage.
Growth in deployment of robotics in manufacturing
facilities and medical industries to improve efficiency and accuracy has
amplified force sensors market. Aerospace and defence segment has substantial
share owing to use of piezoelectric sensors for cryogenic fuel pulsation,
testing rocket motor combustion instability, monitoring helicopter health and
hydraulic pump elevation.
North America contributes considerably in global force
sensors market with rapid technological advancement and increasing application
in end use industry. Presence of NASA (National Aeronautics and Space
Administration) and strong defence industry further promotes its adoption.
Asia Pacific has significant share with use of
capacitive type in touch pad mobile phones. The region has highest share in
smart phones owing to presence of global players such as Samsung, Ericsson and
Huawei. Europe, led by Germany has substantial share with well-established and
flourishing automobile industry hosting giants such as Audi and Volkswagen.
Prominent manufacturers of force sensors market are
Tekscan, TE Connectivity, Feutek Advanced Technology, Measurement Specialities,
Siemens, Sensitronics, Omron Corporation, Texas Instruments, ATI Industrial
Automation, Digi Key and GE Measurement. Companies are devising new technology
to manufacture better product and minimize damage. For instance, Tekscan has
developed wireless ‘FlexiForce’ technology to reduce their damage and increase
their profitability.
This latest Force
Sensors Market research
report offers in-depth analysis, key industry insights, market sizing &
forecast on a granular level for key products, applications across number of
regional markets. The report also analyzes the Force
Sensors industry
from business strategy perspective, describing in detail growth drivers,
pitfalls &challenges for participants, accompanied by a detailed
competitive benchmarking including company market share analysis and detailed
business profiles.
Reasons to Buy This Report
•
Global Force Sensors Market size & forecast by product & application.
•
Growth drivers, pitfalls & industry challenges.
•
Key Force Sensors Market growth opportunities & emerging business models.
•
Competitive benchmarking with market share analysis and company profiles.
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