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Force Sensors Market – How the Business Will Grow over 2018 - 2024?

Author : Ronak Bora | Published Date : 2019-05-13 

Global Market Insights, Inc. presents an extensive report on force sensors market that offers qualitative information about prevailing trends and a detailed analysis of the growth trajectory of this industry. It also includes a study of the historical data and detailed statistics that will help determine the future scope of the industry in terms of commercialization opportunities.

Force Sensors Market in IOT segmentsis slated to grow substantially in the forecast timeframe. The adoption of internet of things (IOT) technology has augmented its usage in consumer electronics, healthcare, home automation and retail & logistics to enhance performance capabilities. The product has an edge over counterparts owing to its affordability and good shock resistance. Robot application in industries has propelled in current years and technological development has increased its use in medical devices to improve precision. Medical device market has registered a CAGR above 5% that has enhanced product usage. Such factors are expected to further boost force sensor market.

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Based on type, force sensors market is segmented into, capacitive, strain gauge, piezoelectric, piezo resistive, optical, load cell, ultrasonic, magnetic and electrochemical. Capacitive contributes majorly with applications in computer mouse, mobile phones and digital audio players owing to excellent sensitivity, repeatability and temperature stability. Piezoelectric type is growing at fast pace owing to its use in touch pads of mobile phones and to monitor combustion in internal combustion engines.

Growth in deployment of robotics in manufacturing facilities and medical industries to improve efficiency and accuracy has amplified force sensors market. Aerospace and defence segment has substantial share owing to use of piezoelectric sensors for cryogenic fuel pulsation, testing rocket motor combustion instability, monitoring helicopter health and hydraulic pump elevation.

Major restraint for force sensors market is volatility in demand. Demand is not fixed among end use sector that acts as a challenge for its manufacturing plans. Rejection rate in manufacturing facilities is quite high either due to damage or low sensitivity that can reduce overall production capacity. Further, aftermarket sales channel is not fully developed that restricts product growth.

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Force sensors are sensing device and act as pressure sensing resistor in electrical circuit. Force sensors market in resistance of the device is very high at no load condition and as force is applied, resistance decreases and is measured by millimetre. On application of pressure corresponding electric current value gets generated. These are supplied as polymer sheet that is applied by screen printing. It consists of both electrically conducting and non-conducting particles present in form of matrix. The particles are in sub micrometre size, formulated to enhance mechanical properties, increase surface durability and reduce temperature dependence.

North America contributes considerably in global force sensors market with rapid technological advancement and increasing application in end use industry. Presence of NASA (National Aeronautics and Space Administration) and strong defence industry further promotes its adoption.

Asia Pacific force sensors market has significant share with use of capacitive type in touch pad mobile phones. The region has highest share in smart phones owing to presence of global players such as Samsung, Ericsson and Huawei. Europe, led by Germany has substantial share with well-established and flourishing automobile industry hosting giants such as Audi and Volkswagen

Browse Full Report: https://www.gminsights.com/industry-analysis/force-sensors-market

About Global Market Insights

Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.

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Global Market Insights, Inc.
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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for Fractovia.org and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. He can be contacted at- [email protected] | https://twitter.com/RonakBora26

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