Global Force Sensors Market

Global Force Sensors
Market
Share, Global Trends,
Analysis, Research, Report,
Opportunities,
Segmentation and Forecast,
2015 – 2025
Future Market Insights
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Report
Description
Report Description
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.
Report
Description
Report Description
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.
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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
Report
Description
Report Description
However, revenue contribution from Asia Pacific excluding Japan is expected to grow
significantly over the forecast period.
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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.
Report [email protected] http://www.futuremarketinsights.com/reports/sensors-market.
Report
Description
Report Description
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.
Report [email protected] http://www.futuremarketinsights.com/reports/sensors-market.
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