Force Sensors Market Key Players, Industry Demand, Overview And Supply Chain Analysis, Forecast To 2026

The Force Sensors Market report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.

The Force Sensors Market was valued at USD 1.80 billion in 2019 and is expected to reach USD 2.53 billion by 2025, at a CAGR of 5.9% over the forecast period 2020 - 2025. 

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Top Leading Companies of Force Sensors Market are Alps Electric Co., Ltd, Synaptics, Inc., Interlink Electronics, Inc., Pressure Profile Systems, Inc., Uneo Inc., Futek Advanced Sensor Technology Inc., Tekscan Inc., Hottinger Baldwin Messtechnik (HBM) GmbH, Kavlico Corporation, Flintec Group AB, Tecsis GmbH, Shenzhen New Degree Technology Co. Ltd., Sensel Inc., Tangio Printed Electronics, NextInput Inc. and others.

Competitive Landscape:

In July 2018, NextInput Inc. introduced the new ForceGaug sensor family, with 200% higher sensitivity performance. This disruption paves the way for the emergence of force-based HMI in smart watches, large touch displays, automotive panels, stainless steel appliances, and other applications.

Key Market Trends:

Healthcare is expected to register a Significant Growth

The healthcare segment of the market studied is anticipated to record the fastest growth, among all applications of force sensors. Across the globe, increasing healthcare expenditure, extensive R&D activities, and rising demand for portable medical devices and automation in the sector, are anticipated to be the primary factors responsible for the growth of the segment.

In the healthcare sector, force sensors are often implemented in the form of load cells. In such way, force sensors are used for various applications, including infusion pumps, physical therapy, patient weight monitoring systems, cardiopulmonary-resuscitation (CPR) devices, surgical staple guns, assist machines for emergency medical treatment, and oxygen tank monitoring, among
others.

The United States is Expected to Hold Major Share

High implementation of digitization in the healthcare sector, due to the increasing necessity to improve quality of health care services, and the rise in the military and defense expenditure are expected to offer growth opportunities for force sensors in the United States.The country recorded the highest healthcare expenditure in the world over the last few years. As of 2017, health expenditure in the country was valued around USD 3.5 trillion, an increase of 4.5% from 2016. However, due to the digital revolution, it can be estimated that over USD 300 billion in healthcare expenses can be saved, specifically, in the field of chronic disease management.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Force Sensors Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Force Sensors Market (%),2016 - 2026
- Force Sensors Market Share, By Brand
- Force Sensors Market Share, By Company
- Force Sensors Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Force Sensors Market Value Analysis & Forecast
- Promising Force Sensors Development by Major Companies
- Detailed Force Sensors Portfolio of the Major Companies
- Major Deals in the Force Sensors Market
- Major Companies Analysis

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