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Force Sensors Market Trends Outlook Share Overview Analysis 2022-2029

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Force Sensors Market Trends Outlook Share Overview Analysis 2022-2029

February 27
15:41 2023
Force Sensors Market Trends Outlook Share Overview Analysis 2022-2029
DataM Intelligence
The Force Sensors Market is estimated to reach at CAGR of 6.96% during the forecast period 2022-2029

FORCE SENSORS MARKET DYNAMICS AND TRENDS

The rise of industrial automation is a major driver for the global force sensor market:

In recent years, automation and robotics have been the primary factors reviving and transforming the industrial sector. Industry 4.0 is enhancing and driving the adoption of automation and robotics solutions to a large extent across various industrial verticals. Force and torque sensing enables robotic processes such as grinding, deburring, sanding, and polishing. A force-torque sensor in machine tending can help a robot locate jig stops when putting a part in a vice on a CNC machine. Force sensing also helps in product inspection, packaging, and robotic assembly applications. The rise of industrial automation is a major driver for the global market during the forecast period.

 

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Difficulty in the miniaturization of force sensors is expected to restrain the global market:

For many end-user industries, especially the medical industry, force sensors are expected to be smaller and thinner. As electronic devices or equipment become increasingly portable, the sensors need to be smaller. However, miniaturizing the sensors presents significant challenges that can potentially limit their adoption in many end-user industries. The difficulty in miniaturizing force sensors will be a key factor in preventing the growth of the global market during the forecast period.

The rise in global automotive production is expected to generate new opportunities for the global force sensors market:

Force sensors are used extensively within the automotive industry. The use of force sensors for monitoring internal combustion engines, sensing tire pressure, and others are increasing due to the stringent government regulation for emission. Additionally, force sensors are used in the automobile sector to monitor centripetal force during turns to improve drivers’ safety. The growth of global automotive production will generate new opportunities for the global force sensors market during the forecast period.

Long lead times for developing new force sensors are expected to present challenges for the global market:

Developing new types of force sensors is a complicated process involving working on multiple parameters. The research, design, development, prototyping, and field testing of new force sensors requires long lead times and present major challenges for the growth of the global force sensors market.

 

COVID-19 IMPACT ANALYSIS ON FORCE SENSORS MARKET

The COVID-19 pandemic majorly impacted the global force sensors market. The pandemic hampered research and development activities, including the field testing of new sensors. Manufacturing equipment, automobiles, aircraft, and consumer electronics were halted for weeks due to lockdowns and weak consumer sentiment also hindered sales in the post-lockdown period. Most of the sensors witnessed a decline in sales. Furthermore, supply chain constraints caused by the COVID-19 pandemic have hampered the manufacturing of force sensors due to a shortage of many key components. Despite the various ongoing challenges, the pandemic is not expected to impact the long-term growth of the global force sensors market.

Recent Developments in the Industry:

  1. In March 2022, Apple Inc. patented a new force sensor system enabling 3D touch on the next generation of Apple watches.
  2. In July 2022, Forsentek Co., Limited launched a revamped range of force and torque sensors specifically for industrial automation applications.

 

FORCE SENSORS MARKET SEGMENTATION ANALYSIS

The scope of the report covers segmentation based on technology, application, and region. The global force sensors market is segmented by technology into piezoelectric force sensors, strain gauges, piezoresistive sensors, optical, ultrasonic, and others. The global force sensors market is segmented by application into aerospace and defense, medical and pharmaceutical, agriculture, printing and packaging, industrial, automotive, consumer electronics, and others. The global force sensors market is segmented by region into North America, South America, Europe, Asia-Pacific, the Middle East, and Africa.

  1. Piezoelectric Force Sensor: The piezoelectric force sensor, also known as a load washer or measurement washer, is the classic piezoelectric measurement element for measuring a force along a single axis. Piezoelectric force sensors are designed for generating analog voltage signals as these are low-impedance voltage sensors.
  2. Strain Gauge: Strain gauge-based force transducers always comprise a spring element to which force is applied. The force results in minimal deformation of the spring element. Strain gauges installed at appropriate points are extended and therefore show a change in resistance. The force sensor based on strain gauge technology uses strain gauges to measure the applied static and quasistatic tensile and compression forces.
  3. Piezoresistive Sensor: A force-sensing resistor is a material whose resistance changes when a force, pressure, or mechanical stress is applied. Piezoresistive/force sensing resistors have the advantages that they can be fabricated using flexible materials, but also they are very robust against noise and the conditioning electronics is simple; that is, in many cases, only a bias resistor is used.
  4. Optical: Optical force sensor measures extremely slight forces exerted by small objects. Optical force sensors are used in many applications, such as gesture recognition, occupancy sensing, smart heating, etc.
  5. Ultrasonic: Ultrasonic force sensors emit high-frequency sound waves from an ultrasonic transducer and sense any changes to received pulses due to external forces to determine their presence.
  6. Other: With capacitive force sensor technology, engineers can measure applied force at discreet points, even at very low levels, opening up a range of possibilities in next-gen consumer electronics, medical devices, robotics, and many other applications.

 

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FORCE SENSORS MARKET REGIONAL CLASSIFICATION:

According to the DataM Intelligence market research report, the global Force sensors market is divided into North America, South America, Europe, Asia-Pacific, Middle East, and Africa.

North America holds a strong demand for force sensors due to the well-developed automotive, oil and gas, consumer electronics, and military and defense industries. The U.S. is among the leading automotive and electronics manufacturers and holds a significant share globally. The growing demand for force sensors from these industries is the primary factor driving the growth of the North American force sensors market during the forecast period.

Europe is one of the leading consumers of electronics, automotive, oil and gas, food, and beverage and holds a strong position in each industry. Europe is responsible for generating over 20% of the demand for industrial goods globally and holds a significant position in the automotive industry. Germany has a leading manufacturing industry in Europe. Despite the shift of manufacturing to Asia-Pacific, Europe still retains significant capacity and will be a major factor in driving the growth of the European force sensors market.

Automotive and transportation are the major end-user for force sensors in the Asia-Pacific, with large automotive production in China, India, and Japan. Asia-Pacific holds the largest market share for force sensors due to the high demand in countries like India and China because of the rise in the electronics and automotive industries. Moreover, the high demand for electronics like mobile and tablets is also driving the market for the region. Due to growing demand from many key industries, the Asia-Pacific force sensors market will likely witness sustained growth in the coming years.

 

FORCE SENSORS MARKET COMPANIES AND COMPETITIVE ANALYSIS:

The global force sensors market is fragmented, with major international players having the largest market share. The competitive environment in this market is expected to intensify further with an increase in product extensions, and technological innovations and M&A. International players are expected to grow inorganically by acquiring regional or local players.

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