Force Sensor Market

Force Sensor Market, By Technology (Capacitive Force Sensor, Piezoresistive Force Sensor, Piezoelectric Force Sensor, Magneto-elastic Force Sensor, and others), By Application (Monitoring & Control, Testing & Measurement and Others ), By End use Vertical (Automotive, Medical & Healthcare, Consumer Electronics, Clothing & Textile, Food & Beverage, Manufacturing, Aerospace And Defence, Oil & Gas, Construction, Agriculture and Others), By Automotive Application (Motor Speed Control, Seat Occupancy Detection, Steering Wheel Control Console, Gear Knob, Brake, Assembly Parts Detection, Suspension Force Measurement, Gasket Force Monitoring, and Others), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030


A force sensor is employed to quantify the magnitude of force exerted on an object. It finds utility in various products and applications, including medical devices, automobiles, and electronic devices. The force sensor market is influenced by the increasing need for sophisticated medical equipment in the healthcare industry. In particular, force sensors are extensively utilized in medical equipment such as automated pumps for performance monitoring, micro-needle therapy, and precise CPR treatment. These applications rely on force sensors to effectively monitor the functioning of the equipment.

Hospitals and healthcare institutions are embracing advanced technologies, such as connected devices, to enhance the healthcare sector and provide improved healthcare services to patients. These technologies enable the generation of valuable data for healthcare professionals, which in turn fuels the adoption of force sensors in the healthcare industry For example, the Government of India announced a substantial investment of US$ 9.87 million in the health sector as part of the Union Budget 2020-21, as reported by the India Brand Equity Foundation

Market Dynamics:

The automotive industry's growing adoption of force sensors is a key driver of market growth in the projected timeframe. These sensors play a crucial role in various electronic control systems within automobiles, such as tire pressure monitoring systems (TPMS), oil pressure sensing (OPS), and engine management systems (MAP/BAP). The demand for sensors per vehicle is increasing due to evolving government regulations pertaining to emissions monitoring, braking systems, and higher fuel efficiency standards. For instance, the General Safety Regulation implemented by the European Union in November 2019 mandates the use of various sensors to assist drivers and enhance their safety. Additionally, major automotive manufacturers are utilizing a variety of sensors to improve the user experience in passenger cars, further contributing to the increased demand for force sensors in the global automotive industry.

Moreover, leading manufacturers in the worldwide force sensor market are providing a range of force sensors specifically designed for the automotive industry. One example is Sensitronics, LLC, an American company specializing in force sensor manufacturing. They offer customized single-zone force sensing resistors, including products like the 1-Inch Shunt Mode FSR, tailored for automotive applications. These advanced sensors deliver high precision for vehicle control purposes.

The set top force sensor manufacturers are constantly adopting advanced technologies using AI and IoT in order to provide high quality products to the consumers.

Key features of the study:
  • This report provides in-depth analysis of the global force sensor market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the global force sensor market based on the following parameters– company highlights, products portfolio, key highlights, financial performance, and strategies
  • Key companies covered as a part of this study include Honeywell International Inc.,Texas Instruments Incorporated, ATI Industrial Automation, Inc., TE Connectivity, Tekscan, Inc., Racelogic Ltd, Magnetic Sense GmbH, SensorData Technologies, Inc., Sensors and Synergy S.A. (SENSY S.A.) ,Sensata Technologies ,HBM, Strainsert, Inc.,FUTEK Advanced Sensor Technology, Inc., Gefran, PCB Piezotronics, OMRON Corporation, WIKA Alexander Wiegand SE & Co. KG, Hangzhou Nationalchip Science & Technology Co, Ltd., Flintec Inc., Kistler Group, Pressure Profile System Inc, TDK Corporation, Forsentek Co. Limited, Sensata Technologies, and Others
  • Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
  • Global force sensor market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global force sensor market
Detailed Segmentation:
  • Global Force sensor Market, By Technology:
  • Capacitive Force Sensor
  • Piezoresistive Force Sensor
  • Piezoelectric Force Sensor
  • Magneto-elastic Force Sensor
  • Others
  • Global Force sensor Market, By Application:
  • Monitoring & Control
  • Testing & Measurement
  • Global Force sensor Market, By End use Vertical:
  • Automotive
  • Medical & Healthcare
  • Consumer Electronics
  • Clothing & Textile
  • Food & Beverage
  • Manufacturing
  • Aerospace And Defence
  • Oil & Gas
  • Construction
  • Agriculture
  • Others
  • Global Force sensor Market, By Automotive Application:
  • Motor Speed Control
  • Seat Occupancy Detection
  • Steering Wheel Control Console
  • Mirror Adjustor
  • Gear Knob
  • Brake
  • Assembly Parts Detection
  • Suspension Force Measurement
  • Gasket Force Monitoring
  • Others
  • Global Force sensor Market, By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa
  • Company Profiles:
  • Honeywell International Inc.
  • Texas Instruments Incorporated
  • ATI Industrial Automation, Inc.
  • TE Connectivity
  • Tekscan, Inc.
  • Racelogic Ltd
  • Magnetic Sense GmbH
  • SensorData Technologies, Inc.
  • Sensors and Synergy S.A. (SENSY S.A.)
  • Sensata Technologies
  • HBM
  • Strainsert, Inc.
  • FUTEK Advanced Sensor Technology, Inc.
  • Gefran
  • PCB Piezotronics
  • OMRON Corporation
  • WIKA Alexander Wiegand SE & Co. KG
  • Hangzhou Nationalchip Science & Technology Co, Ltd.
  • Flintec Inc.
  • Kistler Group
  • Pressure Profile System Inc,
  • TDK Corporation,
  • Forsentek Co. Limited
  • Sensata Technologies
  • Others


1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Technology
Market Snippet, By Application
Market Snippet, By End use Vertical
Market Snippet, By Automotive Application
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Increasing Demand in Automotive Industry
Advancements in IoT and Industry 4.0
Restraints
High Manufacturing Cost
Challenges for Calibration and maintenance
Opportunities
Demand for Miniaturized and Flexible Sensors
Integration with Artificial Intelligence (AI) and Machine Learning (ML)
Impact Analysis
Key Highlights
Regulatory Scenario
Product Launches/Approvals
PEST Analysis
PORTER’s Analysis
Merger and Acquisition Scenario
4. Global Force Sensor Market– Impact of Coronavirus (COVID-19) Pandemic
COVID-19 Epidemiology
Supply Side and Demand Side Analysis
Economic Impact
5. Global Force Sensor Market, By Technology, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023–2030
Segment Trends
Capacitive Force Sensor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Piezoresistive Force Sensor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Piezoelectric Force Sensor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Magneto-elastic Force Sensor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
6. Global Force Sensor Market, By Application, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023-2030
Segment Trends
Monitoring & Control
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Testing & Measurement
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
7. Global Force Sensor Market, By End use Vertical, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023-2030
Segment Trends
Autromotive
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Medical and Healthcare
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Consumer Electronics
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Clothing And Textile
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Food And Beverage
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Manufacturing
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Aerospace And Defence
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Oil And Gas
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Construction
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Agriculture
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
8. Global Force Sensor Market, By Automotive Application 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, 2023 and 2030 (%)
Y-o-Y Growth Analysis, 2023-2030
Segment Trends
Motor Speed Control
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Seat Occupancy Detrection
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Steering Wheel Control Console
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Mirror Adjustor
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Gear Knob
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Brake
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Assembly Parts Detection
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Suspension Force Measurement
Introductionss
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Gasket Force Monitoring
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
Others
Introduction
Market Size and Forecast, and Y-o-Y Growth, 2023-2030, (US$ Bn)
9. Global Force Sensor Market, By Region, 2023-2030, (US$ Bn)
Introduction
Market Share Analysis, By Country, 2023 and 2030 (%)
Y-o-Y Growth Analysis, For Country 2023–2030
Country Trends
North America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End use Vertical, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Automotive Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Europe
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End use Vertical, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Automotive Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Asia Pacific
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End use Vertical, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Automotive Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Latin America
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End use Vertical, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Automotive Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
Middle East & Africa
Introduction
Market Size and Forecast, and Y-o-Y Growth, By Technology, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By End use Vertical, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Automotive Application, 2023-2030,(US$ Bn)
Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030, (US$ Bn)
10. Competitive Landscape
Honeywell International Inc
Company Highlights
Product Portfolio
Key Developments
Financial Performance
Strategies
Texas Instruments Incorporated
MarvellATI Industrial Automation, Inc.
TE Connectivity
Tekscan, Inc.
Racelogic Ltd
Magnetic Sense GmbH
SensorData Technologies, Inc.
Sensors and Synergy S.A. (SENSY S.A.)
HBM
Strainsert, Inc.
FUTEK Advanced Sensor Technology, Inc.
Gefran
PCB Piezotronics
OMRON CorporatioN
WIKA Alexander Wiegand SE & Co. KG
Hangzhou Nationalchip Science & Technology Co, Ltd.
Flintec Inc.
Kistler Group
Pressure Profile System Inc,
TDK Corporation
Forsentek Co. Limited,
Sensata Technologies
11. Section
Research Methodology
About us
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