Force Sensor Market, By Technology (Capacitive Force Sensor, Piezoresistive Force Sensor, Piezoelectric Force Sensor, Magneto-elastic Force Sensor and Others (Optical Force Sensor, etc.)), By Application (Monitoring & Control and Testing & Measurement), B

Force Sensor Market, By Technology (Capacitive Force Sensor, Piezoresistive Force Sensor, Piezoelectric Force Sensor, Magneto-elastic Force Sensor and Others (Optical Force Sensor, etc.)), By Application (Monitoring & Control and Testing & Measurement), By End use Vertical (Automotive, Medical & Healthcare, Consumer Electronics, Clothing & Textile, Food & Beverage, Manufacturing, Aerospace & Defense, Oil & Gas, Construction, Agriculture and Others), 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 and Others) and by Region (North America, Europe, Asia Pacific, Latin America, and Middle East and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

A Force Sensor is used for measuring the amount of force applied to an object. Force sensors are used in a wide range of products and applications such as medical devices, automobiles, electronic devices, and others. Rising demand for advanced medical equipment in the healthcare sector is impacting growth of the force sensor market. Medical equipment such as automated pumps (in order to monitor performance), micro-needle therapy, accurate CPR treatment, and others are vastly using force sensors to monitor the equipment process.
To improve the healthcare sector and provide better healthcare facility to the patients, hospitals and healthcare institutes are adopting advanced technologies such as connected devices to provide insightful data to healthcare workers, which will drive adoption of force sensors in the healthcare sector. According to Coherent Market Insights’ analysis, the global healthcare spending is expected to register 5.2% growth in the period 2021-2025. Furthermore, due to current situation (COVID-19 pandemic), various government organizations across the globe are largely investing in the healthcare sector. For instance, according to India Brand Equity Foundation, the Government of India announced US$ 9.87 million investment in the health sector in Union Budget 2020-21.
Market Dynamics
Increasing adoption of force sensor in the automotive industry is driving the market growth during the forecast period. Sensors are essential components of various automotive electronic control systems including tire pressure monitoring systems (TPMS), oil pressure sensing (OPS), and engine management system (MAP/BAP). Demand for sensors per vehicle is increasing due to changing government regulations on emissions monitoring & braking systems, and rising fuel efficiency standards. For instance, according to General Safety Regulation implemented by European Union in November 2021, it is mandatory to use various sensors to assist driver and increase driver’s safety by using various sensors. Moreover, various key automotive manufacturers are using various sensors to enhance user experience by passenger car manufacturers, which is expected to accelerate demand for force sensors from the automotive industry, globally.
Furthermore, key manufacturers in the global force sensor market are also offering various force sensors for automotive industry. For instance, Sensitronics, LLC, a U.S.-based force sensor manufacturing company, is offering various custom single zone force sensing resistors such as 1-Inch ShuntMode FSR, 1-Inch ShuntMode FSR, and others for automotive market. These advanced sensors provide accuracy for vehicle control.
Key features of the study:
This report provides in-depth analysis of global force sensor market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 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 approvals, regional outlook, and competitive strategies adopted by the leading market players
It profiles leading players in the global force sensor market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
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, Althen Sensors, PCB Piezotronics, OMRON Corporation, WIKA Alexander Wiegand SE & Co. KG, Flintec Inc.
Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
The global force sensor market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
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 (Optical Force Sensor, etc.)
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 & Defense
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
By Technology:
Touch Sensor
Motion Sensor
Position Sensor
Others
By Application:
Monitoring & Control
Testing & Measurement
By End use Vertical:
Automotive
Medical & Healthcare
Consumer Electronics
Clothing & Textile
Food & Beverage
Manufacturing
Aerospace & Defense
Oil & Gas
Construction
Agriculture
Others
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
By Country:
U.S.
Canada
Europe
By Technology:
Touch Sensor
Motion Sensor
Position Sensor
Others
By Application:
Monitoring & Control
Testing & Measurement
By End use Vertical:
Automotive
Medical & Healthcare
Consumer Electronics
Clothing & Textile
Food & Beverage
Manufacturing
Aerospace & Defense
Oil & Gas
Construction
Agriculture
Others
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
By Country:
Germany
U.K.
France
Italy
Spain
Russia
Rest of Europe
Asia Pacific
By Technology:
Touch Sensor
Motion Sensor
Position Sensor
Others
By Application:
Monitoring & Control
Testing & Measurement
By End use Vertical:
Automotive
Medical & Healthcare
Consumer Electronics
Clothing & Textile
Food & Beverage
Manufacturing
Aerospace & Defense
Oil & Gas
Construction
Agriculture
Others
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
By Country:
China
India
Japan
Australia
South Korea
ASEAN
Rest of Asia Pacific
Latin America
By Technology:
Touch Sensor
Motion Sensor
Position Sensor
Others
By Application:
Monitoring & Control
Testing & Measurement
By End use Vertical:
Automotive
Medical & Healthcare
Consumer Electronics
Clothing & Textile
Food & Beverage
Manufacturing
Aerospace & Defense
Oil & Gas
Construction
Agriculture
Others
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
By Country:
Brazil
Mexico
Argentina
Rest of Latin America
Middle East and Africa
By Technology:
Touch Sensor
Motion Sensor
Position Sensor
Others
By Application:
Monitoring & Control
Testing & Measurement
By End use Vertical:
Automotive
Medical & Healthcare
Consumer Electronics
Clothing & Textile
Food & Beverage
Manufacturing
Aerospace & Defense
Oil & Gas
Construction
Agriculture
Others
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
By Country:
South Africa
GCC Countries
Rest of the Middle East and Africa
Company Profiles
Honeywell International Inc.
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments/ Updates
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
Althen Sensors
PCB Piezotronics
OMRON Corporation
WIKA Alexander Wiegand SE & Co. KG
Flintec Inc.
“*” marked represents similar segmentation in other categories in the respective section.