Force Sensor Market Significant Development Factors Accountable For Worldwide Growth

A force sensor measures the force applied to it. These sensors are majorly used to converts the externally applied force on it, into the equivalent digital signals or electric current, which will further assist the system for detecting, monitoring or measuring the magnitude, direction or both of the applied force. The force sensors are majorly getting used in many applications in a variety of industries such as healthcare, manufacturing, automotive, robotics. Force sensors are adopted in traffic engineering such as rail monitoring, biomechanics, process monitoring.

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Market Dynamics

Rising demand for robotics across various end-use industries such as manufacturing, automotive, construction is expected to propel the demand for force sensors over the forecast period. The force sensor is getting used in the robotics industry for safety purposes, to ensure that robots don't harm anyone by exerting extra force. For instance, according to IFR (International Federation of Robotics), in 2018 sales value of robots has touched 16.5 billion USD. In addition, IFR forecasts average growth of 12 percent per year from 2020 to 2022, in terms of shipments.

In addition, an increasing number of sensors getting used in various automotive electronic control applications, such as for checking the tire or oil pressure, and engine management systems (MAP/BAP), is further expected to propel the market demand for force sensors over the forecast period.

Market Overview

Capacitive Force Sensor

A capacitive force sensor is based on the phenomenon of capacitive coupling to detect and measure the capacitance generated by the human body at the input. Generally, capacitive force sensors are joined in a parallel-plate capacitor, which changes its capacitance in function of the applied force. There are two types of capacitive sensors namely single point of contact devices such as buttons and projected capacitive two-dimensional touch screens.

Piezo-resistive Force Sensor

Peizo-resistive force sensor is based on piezo-resistive effect. It offers change in electrical resistance of a sensing material as a result of applied strains. This causes a corresponding change in any electrical current passing through the device, which translates into a measurement. Piezo-resistive force sensor finds applications in various end-use industries namely manufacturing, automotive, and biomedical.

The global force sensor market is estimated to account for�US$ 8,929.4 Mn�in terms of value by the end of 2019

Market Dynamics-Drivers

Growing adoption of internet of things in numerous industries is expected to drive the global force sensor market growth over the forecast period

Force sensors are used to measure to change in physical parameters, which is why it is used in numerous internet of things (IoT) applications such as consumer electronics, home automation, healthcare & life science, environment, transportation, building automation, retail & logistics, security & public safety, and industrial. Growing demand for consumer electronics and home automation is expected to drive growth of the global force sensor market over the forecast period. For instance, in May 2016, SIGFOX, a France-based cellular company, the company is expected to deploy its Internet of Things (IoT) network in 100 cities in the U.S., owing to increasing demand for IoT connectivity in the U.S. Furthermore, in April 2015, Airbus DS GmbH, a subsidiary of Airbus Group, partnered with various small- and mid-sized enterprises (SMEs) with aim to enhance its presence in the growing market of IoT.

Increasing number of sensors per vehicle is expected to propel growth of the global force sensor market during the forecast period

Sensors play crucial role in various electronic control systems including oil pressure sensing (OPS), tire pressure monitoring system (TPMS), and engine management systems. Changing government regulatory policies emission monitoring and braking systems, growing focus on deploying advanced sensing solutions, and increasing fuel efficiency, in order to enhance user experience by automakers are expected to boost the global force sensor market growth over the forecast period.

Asia Pacific region dominated the global force sensor market in 2019, accounting for�39.6%�share in terms of value, followed by Europe, and North America respectively

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Competitive Section

Key companies operating in the global force sensor market are Sensata Technologies Inc., TE Connectivity Ltd., Tekscan Inc., Freescale Semiconductor Inc., General Electric, Innovative Sensor Technology IST AG, and ATI Industrial Automation Inc.

Detailed Segmentation:
o Global Force Sensor Market, By Technology:
o Capacitive Force Sensor
o Piezo-resistive Force Sensor
o Piezo-electric Force Sensor
o Magneto-elastic Force Sensor
o Others

o Global Force Sensor Market, By Application:
o Monitoring & Control
o Testing & Measurement

o Global Force Sensor Market, By Vertical:
o Automotive
o Medical & Healthcare
o Consumer Electronics
o Clothing & Textile
o Food & Beverage
o Manufacturing
o Aerospace & Defense
o Oil & Gas
o Construction
o Agriculture
o Others

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