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Force Sensor Market By Operation (Analog and Digital), Force Type (Compression & Tension, Compression, and Tension), Technology (Strain Gauge, Load Cell, Force Sensitive Resistors (FSRs), and Others), and End User (Automotive, Locomotive, Manufacturing, Mining, Aerospace & Defense, Construction, Healthcare, and Others): Global Opportunity Analysis and Industry Forecast, 2020–2027

A08732
Pages: 287
Dec 2020 | 1362 Views
 
Author(s) : NN Kundan, Asavari Patil , Vineet Kumar
Tables: 135
Charts: 73
 

COVID-19

Pandemic disrupted the entire world and affected many industries.

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Force Sensor Market Outlook – 2027 

The global force sensor market size was valued at $2.16 billion in 2019, and is projected to reach $3.30 billion by 2027, registering a CAGR of 5.30% from 2020 to 2027. Force sensor is a device that is used to estimate the amount of force applied to an object. Basically, the applied force is determined by finding the amount of variation in the resistance values of force sensing resistors.     

The automotive segment in Global Force Sensor Market is expected to impact severely due to the extended lockdown and restrain in manufacturing and production globally.

The overall working principle of force sensors is that they react to the applied force & change the value into a quantifiable figure. There are different kinds of force sensors available in the market dependent on different detecting components. The majority of force sensors are designed by utilizing force-sensing resistors. These sensors comprise electrodes & sensing film.  

Force-Sensor-Market-2020-2027

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Force sensors are usually used to determine the force experienced by vehicle parts, such as dampers & axle beams, to avoid fatigue failure, particularly in heavy automotive vehicles, such as mining vehicles & construction trucks, as unexpected stress levels or overloading may lead to significant maintenance costs. They are also widely used in locomotive.

The global force sensor market share is anticipated to witness significant growth over the forecast period. Factors, such as low manufacturing cost, technological advancement, increase in demand for industrial robots, development of medical devices with force sensing technology, and development & innovations in the industrial sector, encourage the force sensor market growth. However, uncertainty in demand for force sensor from the end-user industry is a major restraint to the global force sensor industry. In addition, rising production of vehicles and growing automotive sales globally are expected to create lucrative force sensor market opportunity. 

Force Sensor Market
By Operation

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Digital segment will grow at a highest CAGR of 6.8% during 2020 - 2027

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The global force sensor market size is segmented into operation, force type, technology, end user, and region. By operation, the market is segmented into analog and digital. The force type segment is divided into compression & tension, compression, and tension. By technology, the market is fragmented into strain gauge, load cell, force sensitive resistors (FSRs), and others. Depending on end user, the market is segregated into automotive, locomotive, manufacturing, mining, aerospace & defense, construction, healthcare, and others. 

Force Sensor Market
By Force Type

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Compression and Tension segment is projected to be the most lucrative segment

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Region-wise, the force sensor market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, and Rest of Europe), Asia-Pacific (China, Japan, India, South Korea, and Rest of Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa). The market in the APAC region is likely to grow at the highest rate during the conjecture time frame. The APAC region has enormous development potential for the market. 

Force Sensor Market
By Technology

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Load Cell segment will dominate the market with a highest CAGR of 6.7%

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The development of the market in this area can be ascribed to enormous development of manufacturing, automotive, assembling, and bulk material handling industries in arising economies, for example - Japan, South Korea, China, and India. China is a vital player of the APAC region attributed to its vast manufacturing and industrial sector.

Force Sensor Market
By End User

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Automotive segment will maintain the lead during the forecast period

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The leading automotive force sensor manufacturers, such as TE Connectivity Ltd., Honeywell International Inc., and ATI Industrial Automation, are focusing their investment on safer, technologically advanced, & more secure sensor-based products for several automotive applications.

Force Sensor Market
By Region

2027
Asia-pacific 
North America
Europe
Lamea

Asia-Pacific region would exhibit the highest CAGR of 6.3%% during 2020 - 2027

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Top Impacting Factors

The prominent factors that impact the market growth are increase in demand for automotive products, growing adoption of force sensor in manufacturing application, rapidly rising adoption of advanced driver assistance systems (ADAS), and growing safety regulations. However, volatility in demand restricts the market growth. On the contrary, adoption of internet of things (IoT) technology and rising robot application in industries are expected to create lucrative opportunities for the market. These factors are likely to have a definite impact on the growth of the global force sensor market during the forecast period. 

Competition Analysis

Competitive analysis and profiles of the major market players studied in the report are TE Connectivity Ltd., Honeywell International Inc., ATI Industrial Automation Inc., Tekscan Inc., Sensata Technologies Inc., Siemens AG, Vishay Precision Group, ABB Ltd., Futek Advanced Sensor Technology Inc., and Hottinger Baldwin Messtechnik (HBM) GmbH. These key players have adopted various strategies, such as product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations, to increase their market penetration and strengthen their foothold in the industry.

COVID-19 Impact Analysis

  • The overall effect of the COVID-19 outbreak is impacting the production process of several industries of the market. As governments of different provinces have already announced total lockdown and temporarily shutdown of industries, the overall production process has been adversely affected. Therefore, this hampered the overall market globally. 
  • The COVID-19 pandemic is impacting the society and overall economy across the global. The impact of this outbreak is growing day-by-day as well as affecting the supply chain. The crisis is creating uncertainty in the stock market, falling business confidence, massive slowing of supply chain, and increasing panic among the customer segments. 
  • The Asian and European countries under lockdowns have suffered major loss of business and revenue due to the shutdown of manufacturing units in the region. The operations of the production and manufacturing industries have been heavily impacted by the COVID-19 outbreak, thereby leading to slowdown in the growth of the force sensor market in 2020.  
  • The COVID-19 pandemic severely impacted the global automotive sector by halting the production facility, which in turn significantly decreased the demand in industries. The symptoms include a large-scale manufacturing interruption across Europe and interruption in Chinese parts exports, which may hinder the force sensor market. 

Key Benefits For Stakeholders

  • This study comprises analytical depiction of the global force sensor market along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall force sensor market analysis is determined to understand the profitable trends to gain a stronger foothold.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current force sensor market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
  • Porter’s five forces analysis illustrates the potency of the buyers and the force sensor market share of key vendors.
  • The report includes the market trends and the market share of key vendors.

Force Sensor Market Key Segments

By Operation

  • Analog
  • Digital

By Force Type

  • Compression & Tension
  • Compression
  • Tension

By Technology

  • Strain Gauge
  • Load Cell
  • Force Sensitive Resistors (FSRs)
  • Others

By End User

  • Automotive
  • Locomotive
  • Manufacturing
  • Mining
  • Aerospace & Defense
  • Construction
  • Healthcare
  • Others

By Region

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia-Pacific
    • China 
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East 
    • Africa

Key Market Players

  • TE Connectivity Ltd.
  • Honeywell International Inc.
  • ATI Industrial Automation Inc.
  • Tekscan Inc.
  • Sensata Technologies Inc.
  • Siemens AG
  • Vishay Precision Group
  • ABB Ltd.
  • Futek Advanced Sensor Technology Inc.
  • Hottinger Baldwin Messtechnik (HBM) GmbH
 

CHAPTER 1:INTRODUCTION

1.1.Report description 
1.2.Key benefits for stakeholders
1.3.Key market segments
1.4.Research methodology

1.4.1.Primary research
1.4.2.Secondary research
1.4.3.Analyst tools and models

CHAPTER 2:EXECUTIVE SUMMARY

2.1.Key findings

2.1.1.Top impacting factors
2.1.2.Top investment pockets

2.2.CXO perspective

CHAPTER 3:MARKET OVERVIEW

3.1.Market definition and scope
3.2.Porter’s five forces analysis
3.3.Patent analysis

3.3.1.Force sensor patent analysis, by region (2019-2020)
3.3.2.Force sensors patent analysis, by applicant

3.4.Market dynamics

3.4.1.Drivers

3.4.1.1.rapid growing AI and Iiot technology boost the growth of the global force sensor market
3.4.1.2.High demand from APAC region contribute to the development of global force sensor market
3.4.1.3.Increasing safety regulations and rapidly rising adoption of advanced driver assistance systems (ADAS), which alert the driver-based on several parameters, are expected to drive the demand for force sensors over the forecast period
3.4.1.4.Increasing industrial automation in present day scenario lead to market growth of force sensor market

3.4.2.Restraint

3.4.2.1.instability in the demand across various end-user industry restraints the global market

3.4.3.Opportunities

3.4.3.1.Rising automotive sales and increasing production of vehicles across the world are expected to create several opportunitiesX

3.5.COVID-19 impact analysis

3.5.1.COVID-19 outbreak
3.5.2.Impact on market size
3.5.3.End user trends, preferences, and budget impact
3.5.4.Parent industry impact
3.5.5.Key player strategies to tackle negative impact

3.5.5.1.Limiting cuts to R&D expense
3.5.5.2.Focusing on next-generation products
3.5.5.3.Shifting toward agile supply chain model

3.5.6.Opportunity window

CHAPTER 4:FORCE SENSOR MARKET, BY OPERATION

4.1.Overview
4.2.Analog

4.2.1.Key market trends, growth factors, and opportunities
4.2.2.Market size and forecast, by region
4.2.3.Market analysis, by country

4.3.Digital

4.3.1.Key market trends, growth factors, and opportunities
4.3.2.Market size and forecast, by region
4.3.3.Market analysis, by country

CHAPTER 5:FORCE SENSOR MARKET, BY FORCE TYPE

5.1.Overview
5.2.Compression & Tension

5.2.1.Key market trends, growth factors, and opportunities
5.2.2.Market size and forecast, by region
5.2.3.Market analysis, by country

5.3.Compression

5.3.1.Key market trends, growth factors, and opportunities
5.3.2.Market size and forecast, by region
5.3.3.Market analysis, by country

5.4.Tension

5.4.1.Key market trends, growth factors, and opportunities
5.4.2.Market size and forecast, by region
5.4.3.Market analysis, by country

CHAPTER 6:FORCE SENSOR MARKET, BY TECHNOLOGY

6.1.Overview
6.2.Strain Gauge

6.2.1.Key market trends, growth factors, and opportunities
6.2.2.Market size and forecast, by region
6.2.3.Market analysis, by country

6.3.Load Cell

6.3.1.Market size and forecast, by region
6.3.2.Market analysis, by country

6.4.Force Sensitive Resistors

6.4.1.Key market trends, growth factors, and opportunities
6.4.2.Market size and forecast, by region
6.4.3.Market analysis, by country

6.5.Others

6.5.1.Key market trends, growth factors, and opportunities
6.5.2.Market size and forecast, by region
6.5.3.Market analysis, by country

CHAPTER 7:FORCE SENSOR MARKET, BY END USE

7.1.Overview
7.2.Automotive

7.2.1.Key market trends, growth factors, and opportunities
7.2.2.Market size and forecast, by region
7.2.3.Market analysis, by country

7.3.Locomotive

7.3.1.Key market trends, growth factors, and opportunities
7.3.2.Market size and forecast, by region
7.3.3.Market analysis, by country

7.4.Manufacturing

7.4.1.Key market trends, growth factors, and opportunities
7.4.2.Market size and forecast, by region
7.4.3.Market analysis, by country

7.5.Mining

7.5.1.Key market trends, growth factors, and opportunities
7.5.2.Market size and forecast, by region
7.5.3.Market analysis, by country

7.6.Aerospace & Defense

7.6.1.Key market trends, growth factors, and opportunities
7.6.2.Market size and forecast, by region
7.6.3.Market analysis, by country

7.7.Construction

7.7.1.Key market trends, growth factors, and opportunities
7.7.2.Market size and forecast, by region
7.7.3.Market analysis, by country

7.8.Healthcare

7.8.1.Key market trends, growth factors, and opportunities
7.8.2.Market size and forecast, by region
7.8.3.Market analysis, by country

7.9.Others

7.9.1.Key market trends, growth factors, and opportunities
7.9.2.Market size and forecast, by region
7.9.3.Market analysis, by country

CHAPTER 8:FORCE SENSOR MARKET, BY REGION

8.1.Overview
8.2.North America

8.2.1.Key market trends, growth factors, and opportunities
8.2.2.Market size and forecast, by operation
8.2.3.Market size and forecast, by force type
8.2.4.Market size and forecast, by technology
8.2.5.Market size and forecast, by end use
8.2.6.Market analysis, by country

8.2.6.1.U.S.

8.2.6.1.1.Market size and forecast, by operation
8.2.6.1.2.Market size and forecast, by force type
8.2.6.1.3.Market size and forecast, BY technology
8.2.6.1.4.Market size and forecast, by end use

8.2.6.2.Canada

8.2.6.2.1.Market size and forecast, by operation
8.2.6.2.2.Market size and forecast, by force type
8.2.6.2.3.Market size and forecast, BY technology
8.2.6.2.4.Market size and forecast, by end use

8.2.6.3.Mexico

8.2.6.3.1.Market size and forecast, by operation
8.2.6.3.2.Market size and forecast, by force type
8.2.6.3.3.Market size and forecast, BY technology
8.2.6.3.4.Market size and forecast, by end use

8.3.Europe

8.3.1.Key market trends, growth factors, and opportunities
8.3.2.Market size and forecast, by operation
8.3.3.Market size and forecast, by force type
8.3.4.Market size and forecast, by technology
8.3.5.Market size and forecast, by end use
8.3.6.Market analysis, by country

8.3.6.1.UK

8.3.6.1.1.Market size and forecast, by operation
8.3.6.1.2.Market size and forecast, by force type
8.3.6.1.3.Market size and forecast, BY technology
8.3.6.1.4.Market size and forecast, by end use

8.3.6.2.Germany

8.3.6.2.1.Market size and forecast, by operation
8.3.6.2.2.Market size and forecast, by force type
8.3.6.2.3.Market size and forecast, BY technology
8.3.6.2.4.Market size and forecast, by end use

8.3.6.3.France

8.3.6.3.1.Market size and forecast, by operation
8.3.6.3.2.Market size and forecast, by force type
8.3.6.3.3.Market size and forecast, BY technology
8.3.6.3.4.Market size and forecast, by end use

8.3.6.4.Rest of Europe

8.3.6.4.1.Market size and forecast, by operation
8.3.6.4.2.Market size and forecast, by force type
8.3.6.4.3.Market size and forecast, BY technology
8.3.6.4.4.Market size and forecast, by end use

8.4.Asia-Pacific

8.4.1.Key market trends, growth factors, and opportunities
8.4.2.Market size and forecast, by operation
8.4.3.Market size and forecast, by force type
8.4.4.Market size and forecast, by technology
8.4.5.Market size and forecast, by end use
8.4.6.Market analysis, by country

8.4.6.1.China

8.4.6.1.1.Market size and forecast, by operation
8.4.6.1.2.Market size and forecast, by force type
8.4.6.1.3.Market size and forecast, BY technology
8.4.6.1.4.Market size and forecast, by end use

8.4.6.2.Japan

8.4.6.2.1.Market size and forecast, by operation
8.4.6.2.2.Market size and forecast, by force type
8.4.6.2.3.Market size and forecast, BY technology
8.4.6.2.4.Market size and forecast, by end use

8.4.6.3.India

8.4.6.3.1.Market size and forecast, by operation
8.4.6.3.2.Market size and forecast, by force type
8.4.6.3.3.Market size and forecast, BY technology
8.4.6.3.4.Market size and forecast, by end use

8.4.6.4.South Korea

8.4.6.4.1.Market size and forecast, by operation
8.4.6.4.2.Market size and forecast, by force type
8.4.6.4.3.Market size and forecast, BY technology
8.4.6.4.4.Market size and forecast, by end use

8.4.6.5.Rest of Asia-Pacific

8.4.6.5.1.Market size and forecast, by operation
8.4.6.5.2.Market size and forecast, by force type
8.4.6.5.3.Market size and forecast, BY technology
8.4.6.5.4.Market size and forecast, by end use

8.5.LAMEA

8.5.1.Key market trends, growth factors, and opportunities
8.5.2.Market size and forecast, by operation
8.5.3.Market size and forecast, by force type
8.5.4.Market size and forecast, by technology
8.5.5.Market size and forecast, by end use
8.5.6.Market analysis, by country

8.5.6.1.Latin America

8.5.6.1.1.Market size and forecast, by operation
8.5.6.1.2.Market size and forecast, by force type
8.5.6.1.3.Market size and forecast, BY technology
8.5.6.1.4.Market size and forecast, by end use

8.5.6.2.Middle East

8.5.6.2.1.Market size and forecast, by operation
8.5.6.2.2.Market size and forecast, by force type
8.5.6.2.3.Market size and forecast, BY technology
8.5.6.2.4.Market size and forecast, by end use

8.5.6.3.Africa

8.5.6.3.1.Market size and forecast, by operation
8.5.6.3.2.Market size and forecast, by force type
8.5.6.3.3.Market size and forecast, BY technology
8.5.6.3.4.Market size and forecast, by end use

CHAPTER 9:COMPETITIVE LANDSCAPE

9.1.Introduction

9.1.1.Market player positioning, 2019

9.2.Top winning strategies

9.2.1.Top winning strategies, by year
9.2.2.Top winning strategies, by development
9.2.3.Top winning strategies, by company

9.3.Product mapping of top 10 player
9.4.Competitive dashboard
9.5.Competitive heat map

CHAPTER 10:COMPANY PROFILE

10.1.TE Connectivity Ltd

10.1.1.Company overview
10.1.2.Key executives
10.1.3.Company snapshot
10.1.4.Product portfolio
10.1.5.Key strategic moves and developments

10.2.Honeywell International

10.2.1.Company overview
10.2.2.Key executives
10.2.3.Company snapshot
10.2.4.Product portfolio

10.3.ATI Industrial Automation

10.3.1.Company overview
10.3.2.Key executives
10.3.3.Company snapshot
10.3.4.Product portfolio

10.4.Tekscan Inc

10.4.1.Company overview
10.4.2.Key executives
10.4.3.Company snapshot
10.4.4.Product portfolio

10.5.SENSATA TECHNOLOGIES

10.5.1.Company overview
10.5.2.Company snapshot
10.5.3.Operating business segments
10.5.4.Product portfolio
10.5.5.R&D expenditure
10.5.6.Business performance
10.5.7.Key strategic moves and developments

10.6.SIEMENS AG

10.6.1.Company overview
10.6.2.Key executives
10.6.3.Company snapshot
10.6.4.Operating business segments
10.6.5.Product portfolio
10.6.6.R&D expenditure
10.6.7.Business performance
10.6.8.Key strategic moves and developments

10.7.VISHAY PRECISION GROUP

10.7.1.Company overview
10.7.2.Key executives
10.7.3.Company snapshot
10.7.4.Product portfolio

10.8.ABB LTD

10.8.1.Company overview
10.8.2.Key executives
10.8.3.Company snapshot
10.8.4.Operating business segments
10.8.5.Product portfolio
10.8.6.R&D expenditure
10.8.7.Business performance
10.8.8.Key strategic moves and developments

10.9.FUTEK ADVANCE SENSOR TECHNOLOGY

10.9.1.Company overview
10.9.2.Key Executives
10.9.3.Company snapshot
10.9.4.Product portfolio

10.10.HOTTINGER BALDWIN MESSTECHNIK

10.10.1.Company overview
10.10.2.Key executives
10.10.3.Company snapshot
10.10.4.Product portfolio
10.10.5.Key strategic moves and developments

LIST OF TABLES

TABLE 01.GLOBAL FORCE SENSOR MARKET, BY OPERATION, 2019-2027 ($MILLION)
TABLE 02.FORCE SENSOR MARKET FOR ANALOG OPERATIONS, BY REGION, 2019–2027 ($MILLION)
TABLE 03.FORCE SENSOR MARKET FOR DIGITAL OPERATION, BY REGION 2019–2027($MILLION)
TABLE 04.GLOBAL FORCE SENSOR MARKET, BY FORCE TYPE, 2019-2027 ($MILLION)
TABLE 05.FORCE SENSOR MARKET FOR COMPRESSION & TENSION, BY REGION, 2019–2027 ($MILLION)
TABLE 06.FORCE SENSOR MARKET FOR COMPRESSION, BY REGION 2019–2027($MILLION)
TABLE 07.FORCE SENSOR MARKET FOR TENSION, BY REGION, 2019–2027 ($MILLION)
TABLE 08.GLOBAL FORCE SENSOR MARKET REVENUE, BY TECHNOLOGY, 2019-2027 ($MILLION)
TABLE 09.FORCE SENSOR MARKET FOR STRAIN GAUGE, BY REGION 2019–2027 ($MILLION)
TABLE 10.FORCE SENSOR MARKET FOR LOAD CELL, BY REGION 2019–2027($MILLION)
TABLE 11.FORCE SENSOR MARKET FOR FORCE SENSITIVE RESISTORS, BY REGION 2019–2027($MILLION)
TABLE 12.FORCE SENSOR MARKET FOR OTHERS, BY REGION 2019–2027($MILLION)
TABLE 13.GLOBAL FORCE SENSOR MARKET, BY END USE, 2019-2027 ($MILLION)
TABLE 14.FORCE SENSOR MARKET FOR AUTOMOTIVE, BY REGION 2019–2027 ($MILLION)
TABLE 15.FORCE SENSOR MARKET FOR LOCOMOTIVE, BY REGION 2019–2027($MILLION)
TABLE 16.FORCE SENSOR MARKET FOR MANUFACTURING, BY REGION 2019–2027($MILLION)
TABLE 17.FORCE SENSOR MARKET FOR MINING, BY REGION 2019–2027($MILLION)
TABLE 18.FORCE SENSOR MARKET FOR AEROSPACE & DEFENSE, BY REGION 2019–2027($MILLION)
TABLE 19.FORCE SENSOR MARKET FOR CONSTRUCTION, BY REGION 2019–2027($MILLION)
TABLE 20.FORCE SENSOR MARKET FOR HEALTHCARE, BY REGION 2019–2027($MILLION)
TABLE 21.FORCE SENSOR MARKET FOR OTHERS, BY REGION 2019–2027($MILLION)
TABLE 22.NORTH AMERICA FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 23.NORTH AMERICA FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 24.NORTH AMERICA FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 25.NORTH AMERICA FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 26.U.S. FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 27.U.S. FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 28.U.S. FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 29.U.S. FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 30.CANADA FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 31.CANADA FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 32.CANADA FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 33.CANADA FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 34.MEXICO FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 35.MEXICO FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 36.MEXICO FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 37.MEXICO FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 38.EUROPE FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 39.EUROPE FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 40.EUROPE FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 41.EUROPE FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 42.UK FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 43.UK FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 44.UK FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 45.UK FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 46.GERMANY FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 47.GERMANY FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 48.GERMANY FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 49.GERMANY FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 50.FRANCE FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 51.FRANCE FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 52.FRANCE FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 53.FRANCE FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 54.REST OF EUROPE FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 55.REST OF EUROPE FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 56.REST OF EUROPE FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 57.REST OF EUROPE FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 58.ASIA-PACIFIC FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 59.ASIA-PACIFIC FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 60.ASIA-PACIFIC FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 61.ASIA-PACIFIC FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 62.CHINA FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 63.CHINA FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 64.CHINA FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 65.CHINA FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 66.JAPAN FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 67.JAPAN FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 68.JAPAN FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 69.JAPAN FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 70.INDIA FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 71.INDIA FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 72.INDIA FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 73.INDIA FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 74.SOUTH KOREA FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 75.SOUTH KOREA FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 76.SOUTH KOREA FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 77.SOUTH KOREA FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 78.REST OF ASIA-PACIFIC FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 79.REST OF ASIA-PACIFIC FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 80.REST OF ASIA-PACIFIC FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 81.REST OF ASIA-PACIFIC FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 82.LAMEA FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 83.LAMEA FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 84.LAMEA FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 85.LAMEA FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 86.LATIN AMERICA FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 87.LATIN AMERICA FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 88.LATIN AMERICA FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 89.LATIN AMERICA FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 90.MIDDLE EAST FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 91.MIDDLE EAST FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 92.MIDDLE EAST FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 93.MIDDLE EAST FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 94.AFRICA FORCE SENSOR MARKET, BY OPERATION 2019–2027($MILLION)
TABLE 95.AFRICA FORCE SENSOR MARKET, BY FORCE TYPE 2019–2027($MILLION)
TABLE 96.AFRICA FORCE SENSOR MARKET, BY TECHNOLOGY 2019–2027($MILLION)
TABLE 97.AFRICA FORCE SENSOR MARKET, BY END USE 2019–2027($MILLION)
TABLE 98.KEY EXECUTIVES
TABLE 99.TE CONNECTIVITY: COMPANY SNAPSHOT
TABLE 100.TE CONNECTIVITY: PRODUCT PORTFOLIO
TABLE 101.TE CONNECTIVITY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 102.KEY EXECUTIVES
TABLE 103.HONEYWELL: WIRELESS EXCELLENCE: COMPANY SNAPSHOT
TABLE 104.HONEYWELL: WIRELESS EXCELLENCE: PRODUCT PORTFOLIO
TABLE 105.KEY EXECUTIVES
TABLE 106.ATI: COMPANY SNAPSHOT
TABLE 107.ATI: PRODUCT PORTFOLIO
TABLE 108.KEY EXECUTIVES
TABLE 109.TEKSCAN: COMPANY SNAPSHOT
TABLE 110.TEKSCAN: PRODUCT PORTFOLIO
TABLE 111.SENSATA TECHNOLOGIES: COMPANY SNAPSHOT
TABLE 112.SENSATA TECHNOLOGIES: OPERATING SEGMENTS
TABLE 113.SENSATA TECHNOLOGIES: PRODUCT PORTFOLIO
TABLE 114.SENSATA TECHNOLOGIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 115.KEY EXECUTIVES
TABLE 116.SIEMENS: COMPANY SNAPSHOT
TABLE 117.SIEMENS: OPERATING SEGMENTS
TABLE 118.SIEMENS: PRODUCT PORTFOLIO
TABLE 119.OVERALL FINANCIAL STATUS: ($MILLION)
TABLE 120.SIEMENS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 121.KEY EXECUTIVES
TABLE 122.VISHAY COMPANY SNAPSHOT
TABLE 123.VISHAY PRODUCT PORTFOLIO
TABLE 124.KEY EXECUTIVES
TABLE 125.ABB: COMPANY SNAPSHOT
TABLE 126.ABB: PRODUCT CATEGORY
TABLE 127.ABB: PRODUCT PORTFOLIO
TABLE 128.ABB: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 129.KEY EXECUTIVES
TABLE 130.FUTEK: COMPANY SNAPSHOT
TABLE 131.FUTEK: PRODUCT PORTFOLIO
TABLE 132.KEY EXECUTIVES
TABLE 133.HOTTINGER: COMPANY SNAPSHOT
TABLE 134.HOTTINGER: PRODUCT PORTFOLIO
TABLE 135.HOTTINGER: KEY STRATEGIC MOVES AND DEVELOPMENTS

LIST OF FIGURES

FIGURE 01.KEY MARKET SEGMENTS
FIGURE 02.EXECUTIVE SUMMARY
FIGURE 03.EXECUTIVE SUMMARY
FIGURE 04.EXECUTIVE SUMMARY
FIGURE 05.TOP IMPACTING FACTORS
FIGURE 06.TOP INVESTMENT POCKETS
FIGURE 07.HIGH BARGAINING POWER OF SUPPLIERS
FIGURE 08.MODERATE THREAT OF NEW ENTRANTS
FIGURE 09.MODERATE THREAT OF SUBSTITUTES
FIGURE 10.MODERATE-TO-HIGH INTENSITY OF RIVALRY
FIGURE 11.LOW-TO-MODERATE BARGAINING POWER OF BUYERS
FIGURE 12.PATENT ANALYSIS, BY REGION
FIGURE 13.PATENT ANALYSIS, BY APPLICANT
FIGURE 14.GLOBAL FORCE SENSOR MARKET, BY OPERATION, 2019-2027
FIGURE 15.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR ANALOG OPERATION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 16.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR DIGITAL OPERATION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 17.GLOBAL FORCE SENSOR MARKET, BY FORCE TYPE, 2019-2027
FIGURE 18.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR COMPRESSION & TENSION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 19.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR COMPRESSION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 20.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR TENSION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 21.GLOBAL FORCE SENSOR MARKET, BY TECHNOLOGY, 2019-2027
FIGURE 22.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR STRAIN GAUGE,  BY COUNTRY, 2019 & 2027 (%)
FIGURE 23.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR LOAD CELL, BY COUNTRY, 2019 & 2027 (%)
FIGURE 24.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR FORCE SENSITIVE RESISTORS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 25.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 26.GLOBAL FORCE SENSOR MARKET, BY END USE, 2019-2027
FIGURE 27.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR AUTOMOTIVE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 28.COMPARATIVE SHARE ANALYSIS OF MILIMETER WAVE FORCE SENSOR MARKET FOR LOCOMOTIVE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 29.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR MANUFACTURING, BY COUNTRY, 2019 & 2027 (%)
FIGURE 30.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR MINING, BY COUNTRY, 2019 & 2027 (%)
FIGURE 31.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR AEROSPACE & DEFENSE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 32.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR CONSTRUCTION, BY COUNTRY, 2019 & 2027 (%)
FIGURE 33.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR HEALTHCARE, BY COUNTRY, 2019 & 2027 (%)
FIGURE 34.COMPARATIVE SHARE ANALYSIS OF FORCE SENSOR MARKET FOR OTHERS, BY COUNTRY, 2019 & 2027 (%)
FIGURE 35.GLOBAL FORCE SENSOR MARKET, BY REGION, 2019-2027
FIGURE 36.NORTH AMERICA FORCE SENSOR MARKET, BY COUNTRY, 2019-2027
FIGURE 37.U.S. FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 38.CANADA FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 39.MEXICO FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 40.EUROPE FORCE SENSOR MARKET, BY COUNTRY, 2019-2027
FIGURE 41.UK FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 42.GERMANY FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 43.FRANCE FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 44.REST OF EUROPE FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 45.ASIA-PACIFIC FORCE SENSOR MARKET, BY COUNTRY, 2019-2027
FIGURE 46.CHINA FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 47.JAPAN FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 48.INDIA FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 49.SOUTH KOREA FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 50.REST OF ASIA-PACIFIC FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 51.LAMEA FORCE SENSOR MARKET, BY COUNTRY, 2019-2027
FIGURE 52.LATIN AMERICA FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 53.MIDDLE EAST FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 54.AFRICA FORCE SENSOR MARKET, 2019-2027($MILLION)
FIGURE 55.MARKET PLAYER POSITIONING, 2019
FIGURE 56.TOP WINNING STRATEGIES, BY YEAR, 2016–2020
FIGURE 57.TOP WINNING STRATEGIES, BY DEVELOPMENT, 2016–2020 (%)
FIGURE 58.TOP WINNING STRATEGIES, BY COMPANY, 2016–2020
FIGURE 59.PRODUCT MAPPING OF TOP 10 PLAYERS
FIGURE 60.COMPETITIVE DASHBOARD
FIGURE 61.COMPETITIVE HEATMAP OF KEY PLAYERS
FIGURE 62.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 63.SENSATA TECHNOLOGIES: REVENUE, 2017–2019 ($MILLION)
FIGURE 64.SENSATA TECHNOLOGIES: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 65.SENSATA TECHNOLOGIES: REVENUE SHARE BY REGION, 2019 (%)
FIGURE 66.R&D EXPENDITURE, 2016–2018 ($MILLION)
FIGURE 67.SIEMENS: REVENUE, 2016–2018 ($MILLION)
FIGURE 68.SIEMENS: REVENUE SHARE BY SEGMENT, 2018 (%)
FIGURE 69.SIEMENS: REVENUE SHARE BY REGION, 2018 (%)
FIGURE 70.R&D EXPENDITURE, 2017–2019 ($MILLION)
FIGURE 71.ABB: REVENUE, 2017–2019 ($MILLION)
FIGURE 72.ABB: REVENUE SHARE BY SEGMENT, 2019 (%)
FIGURE 73.ABB: REVENUE SHARE BY REGION, 2019 (%)

 
 

A force sensor is an instrument that measures the amount of force between two surfaces. Force sensors or force transducers translate an input mechanical force into electrical signal at output. Basically, it works as a force sensing resistor in an electric circuit. These force measurement instruments vary with their working principles based on factors considered during designing process. They are used to measure weight, mass, pressure, and torque. They can be used over a wide range of temperature. These are used in industries, such as electronics, robotics, chemical, agricultural sector, paper & print, for various purposes.

Growing adoption and application of force sensors in the manufacturing, construction, and industrial sectors boost the force sensor market growth. In addition, increasing demand for force sensors in the robotics and medical sectors propels the market growth. Moreover, low manufacturing cost, accuracy, and high reliability also drive the market during the forecast period. Furthermore, the factor that restricts the market growth is that force sensors are rigid in construction. However, innovation and ongoing development in sensor technology are expected to fuel the market growth during the forecast period. 

The key players of the market focus on introducing technologically advanced products to remain competitive in the market. Product launch and partnership are expected to be the prominent strategies adopted by the market players. Asia-Pacific accounted for a major share of the market in 2019, owing to the presence of major players in the region; however, Asia-Pacific is expected to grow at the highest CAGR, owing to rise in adoption of force sensors in a variety of fields. 
 

 
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A. The Force Sensor Market is estimated to grow at a CAGR of 5.30% from 2020 to 2027.

A. The Force Sensor Market is projected to reach $3.30 billion by 2027.

A. To get the latest version of sample report

A. Increase in demand for automotive products, growing adoption of force sensor in manufacturing application, and growing safety regulations etc. drives the growth of Force Sensor Market.

A. The key players profiled in the report include TE Connectivity Ltd., Honeywell International Inc., Tekscan Inc., Siemens AG, Vishay Precision Group, and many more.

A. On the basis of top growing big corporations, we select top 10 players.

A. The Force Sensor Market is segmented on the basis of operation, force type, technology, end user, and region.

A. The key growth strategies of Force Sensor market players include product portfolio expansion, mergers & acquisitions, agreements, geographical expansion, and collaborations.

A. Load Cell segment holds a dominant position throughout the forecast period.

A. Automotive segment will grow at a highest CAGR of 8.5% during 2020 - 2027.

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