Global Force Sensor Market Size study & Forecast, by Operation, by Force Type, by Technology (Strain Gauge, Load Cell, Force Sensitive Resistors, and Others), by End User and Regional Analysis, 2023-2030

Description

List of Tables

Global Force Sensor Market is valued at approximately USD 2.27 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.30% over the forecast period 2023-2030. A force sensor, is a device that converts mechanical force or load into an electrical signal, enabling measurement and analysis of applied forces. It finds applications in various industries for measuring forces, monitoring weight, and providing feedback in force-sensitive applications. The Force Sensor Market is expanding because of factors such as increasing industrial automation and rising numbers of smart homes. Moreover, the increasing adoption of industrial automation drives the demand for force sensors, as they play a crucial role in various automated processes such as robotics, manufacturing, and quality control, positively impacting the force sensor market.

According to Statista in 2020, the global industrial automation market was valued at approximately USD175 billion. By 2025, the global industrial automation market is expected to reach a market size of approximately USD 265 billion. The increasing number of smart homes drives the demand for force sensors, as they are integral components for various applications in smart home automation and security systems, resulting in a positive impact on the force sensor market. According to Statista in 2023, the global number of households in the smart home market is estimated to reach 311.9 million households in between year 2023 and 2027. By the year 2027, the total number of households in smart home market is anticipated to reach up to approximately 672.57 million. In addition, the rising production of connected vehicles and increasing demand in consumer electronics would create a lucrative growth opportunity. However, the high cost of the force sensor and the complexity of integration stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Force Sensor Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market during the forecast period owing to the, increasing adoption of digitization in sectors such as healthcare and defense, driven by the growing demand to improve service quality and the rise in military and defense spending, which is a significant factor contributing to market growth. Asia Pacific is the fastest growing region during the forecast period, owing to factors such as the rising adoption of consumer electronics which includes smartphones, tablets, and a rising demand for smart wearables, indicating a notable market growth in this region.

Major market player included in this report are:

Kataoka Electric Co., Ltd.
Synaptics Inc.
Interlink Electronics Inc.
Uneo Inc.
Futek Advanced Sensor Technology Inc.
Sensel Inc.
Tekscan Inc.
Kavlico Corporation
Flintec Group AB
Shenzhen New Degree Technology Co. Ltd

Recent Developments in the Market:

In March 2022 - Apple filed recent patents suggesting their intention to introduce Force Touch technology. According to the brand's most recent patent applications, they were planning to incorporate new force sensors in future iterations of the iPhone, iPad, MacBook, and Apple Watch. The development was unveiled by Patently Apple, a web publication.
In August 2022, The University of Cambridge was actively involved in developing groundbreaking microfluidic force sensors. These smart sensors were designed with the aim of improving the longevity of implants and mitigating the necessity for complicated revision surgeries in patients. Their primary function was to aid in stabilizing soft tissue during hip replacements and ensuring precise positioning of orthopedic implants.

Global Force Sensor Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimatio: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Operation, Force Type, Technology, End-User, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

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
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Force Sensor Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Force Sensor Market, by Operation, 2020-2030 (USD Billion)
- 1.2.3. Force Sensor Market, by Force Type, 2020-2030 (USD Billion)
- 1.2.4. Force Sensor Market, by Technology, 2020-2030 (USD Billion)
- 1.2.5. Force Sensor Market, by End-User, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Force Sensor Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Force Sensor Market Dynamics

3.1. Force Sensor Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing industrial automation
  - 3.1.1.2. Rising numbers of smart homes
- 3.1.2. Market Challenges
  - 3.1.2.1. High Cost of Force Sensor
  - 3.1.2.2. complexity of integration
- 3.1.3. Market Opportunities
  - 3.1.3.1. Rising production of connected vehicles
  - 3.1.3.2. Increasing demand in consumer electronics

Chapter 4. Global Force Sensor Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Force Sensor Market, by Operation

5.1. Market Snapshot
5.2. Global Force Sensor Market by Operation , Performance - Potential Analysis
5.3. Global Force Sensor Market Estimates & Forecasts by Operation 2020-2030 (USD Billion)
5.4. Force Sensor Market, Sub Segment Analysis
- 5.4.1. Analog
- 5.4.2. Digital

Chapter 6. Global Force Sensor Market, by Force Type

6.1. Market Snapshot
6.2. Global Force Sensor Market by Force Type, Performance - Potential Analysis
6.3. Global Force Sensor Market Estimates & Forecasts by Force Type2020-2030 (USD Billion)
6.4. Force Sensor Market, Sub Segment Analysis
- 6.4.1. Compression & Tension
- 6.4.2. Compression
- 6.4.3. Tension

Chapter 7. Global Force Sensor Market, by Technology

7.1. Market Snapshot
7.2. Global Force Sensor Market by Technology , Performance - Potential Analysis
7.3. Global Force Sensor Market Estimates & Forecasts by Technology 2020-2030 (USD Billion)
7.4. Force Sensor Market, Sub Segment Analysis
- 7.4.1. Strain Gauge
- 7.4.2. Load Cell
- 7.4.3. Force Sensitive Resistors (FSRs)
- 7.4.4. Others

Chapter 8. Global Force Sensor Market, by End-User

8.1. Market Snapshot
8.2. Global Force Sensor Market by End-User , Performance - Potential Analysis
8.3. Global Force Sensor Market Estimates & Forecasts by End-User 2020-2030 (USD Billion)
8.4. Force Sensor Market, Sub Segment Analysis
- 8.4.1. Automotive
- 8.4.2. Locomotive
- 8.4.3. Manufacturing
- 8.4.4. Mining
- 8.4.5. Aerospace & Defense
- 8.4.6. Construction
- 8.4.7. Healthcare
- 8.4.8. Others

Chapter 9. Global Force Sensor Market, Regional Analysis

9.1. Top Leading Countries
9.2. Top Emerging Countries
9.3. Force Sensor Market, Regional Market Snapshot
9.4. North America Force Sensor Market
- 9.4.1. U.S. Force Sensor Market
  - 9.4.1.1. Operation breakdown estimates & forecasts, 2020-2030
  - 9.4.1.2. Force Type breakdown estimates & forecasts, 2020-2030
  - 9.4.1.3. Technology breakdown estimates & forecasts, 2020-2030
  - 9.4.1.4. End-User breakdown estimates & forecasts, 2020-2030
- 9.4.2. Canada Force Sensor Market
9.5. Europe Force Sensor Market Snapshot
- 9.5.1. U.K. Force Sensor Market
- 9.5.2. Germany Force Sensor Market
- 9.5.3. France Force Sensor Market
- 9.5.4. Spain Force Sensor Market
- 9.5.5. Italy Force Sensor Market
- 9.5.6. Rest of Europe Force Sensor Market
9.6. Asia-Pacific Force Sensor Market Snapshot
- 9.6.1. China Force Sensor Market
- 9.6.2. India Force Sensor Market
- 9.6.3. Japan Force Sensor Market
- 9.6.4. Australia Force Sensor Market
- 9.6.5. South Korea Force Sensor Market
- 9.6.6. Rest of Asia Pacific Force Sensor Market
9.7. Latin America Force Sensor Market Snapshot
- 9.7.1. Brazil Force Sensor Market
- 9.7.2. Mexico Force Sensor Market
9.8. Middle East & Africa Force Sensor Market
- 9.8.1. Saudi Arabia Force Sensor Market
- 9.8.2. South Africa Force Sensor Market
- 9.8.3. Rest of Middle East & Africa Force Sensor Market

Chapter 10. Competitive Intelligence

10.1. Key Company SWOT Analysis
- 10.1.1. Company 1
- 10.1.2. Company 2
- 10.1.3. Company 3
10.2. Top Market Strategies
10.3. Company Profiles
- 10.3.1. Kataoka Electric Co., Ltd.
  - 10.3.1.1. Key Information
  - 10.3.1.2. Overview
  - 10.3.1.3. Financial (Subject to Data Availability)
  - 10.3.1.4. Product Summary
  - 10.3.1.5. Recent Developments
- 10.3.2. Synaptics Inc.
- 10.3.3. Interlink Electronics Inc.
- 10.3.4. Uneo Inc.
- 10.3.5. Futek Advanced Sensor Technology Inc.
- 10.3.6. Sensel Inc.
- 10.3.7. Tekscan Inc.
- 10.3.8. Kavlico Corporation
- 10.3.9. Flintec Group AB
- 10.3.10. Shenzhen New Degree Technology Co. Ltd

Chapter 11. Research Process

11.1. Research Process
- 11.1.1. Data Mining
- 11.1.2. Analysis
- 11.1.3. Market Estimation
- 11.1.4. Validation
- 11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Force Sensor Market, report scope
TABLE 2. Global Force Sensor Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Force Sensor Market estimates & forecasts by Operation 2020-2030 (USD Billion)
TABLE 4. Global Force Sensor Market estimates & forecasts by Force Type 2020-2030 (USD Billion)
TABLE 5. Global Force Sensor Market estimates & forecasts by Technology 2020-2030 (USD Billion)
TABLE 6. Global Force Sensor Market estimates & forecasts by End-User 2020-2030 (USD Billion)
TABLE 7. Global Force Sensor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Force Sensor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Force Sensor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Force Sensor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Force Sensor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Force Sensor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Force Sensor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Force Sensor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Force Sensor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Force Sensor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. U.S. Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. U.S. Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 20. Canada Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. Canada Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. Canada Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. UK Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. UK Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. UK Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. Germany Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. Germany Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. Germany Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. France Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. France Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. France Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. Italy Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. Italy Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Italy Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Spain Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Spain Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Spain Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. RoE Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. RoE Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. RoE Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. China Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. China Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. China Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. India Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. India Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. India Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. Japan Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. Japan Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. Japan Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. South Korea Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. South Korea Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. South Korea Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. Australia Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. Australia Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. Australia Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. RoAPAC Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. RoAPAC Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. RoAPAC Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. Brazil Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. Brazil Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Brazil Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Mexico Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Mexico Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Mexico Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. RoLA Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. RoLA Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. RoLA Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. Saudi Arabia Force Sensor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. South Africa Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoMEA Force Sensor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. List of secondary sources, used in the study of global Force Sensor Market
TABLE 72. List of primary sources, used in the study of global Force Sensor Market
TABLE 73. Years considered for the study
TABLE 74. Exchange rates considered

List of tables and figures are dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Force Sensor Market, research methodology
FIG 2. Global Force Sensor Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Force Sensor Market, key trends 2022
FIG 5. Global Force Sensor Market, growth prospects 2023-2030
FIG 6. Global Force Sensor Market, porters 5 force model
FIG 7. Global Force Sensor Market, pest analysis
FIG 8. Global Force Sensor Market, value chain analysis
FIG 9. Global Force Sensor Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Force Sensor Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Force Sensor Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Force Sensor Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Force Sensor Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Force Sensor Market, regional snapshot 2020 & 2030
FIG 15. North America Force Sensor Market 2020 & 2030 (USD Billion)
FIG 16. Europe Force Sensor Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Force Sensor Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Force Sensor Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Force Sensor Market 2020 & 2030 (USD Billion)