Force Sensor Market, By Technology, By Application, By End use Vertical, By Automotive Application and by Region - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

A Force Sensor is used for measuring the amount of force applied to an object. Force sensors are used in a wide range of products and applications such as medical devices, automobiles, electronic devices, and others. Rising demand for advanced medical equipment in the healthcare sector is impacting growth of the force sensor market. Medical equipment such as automated pumps (in order to monitor performance), micro-needle therapy, accurate CPR treatment, and others are vastly using force sensors to monitor the equipment process.

To improve the healthcare sector and provide better healthcare facility to the patients, hospitals and healthcare institutes are adopting advanced technologies such as connected devices to provide insightful data to healthcare workers, which will drive adoption of force sensors in the healthcare sector. According to Coherent Market Insights' analysis, the global healthcare spending is expected to register 5.2% growth in the period 2021-2025. Furthermore, due to current situation (COVID-19 pandemic), various government organizations across the globe are largely investing in the healthcare sector. For instance, according to India Brand Equity Foundation, the Government of India announced US$ 9.87 million investment in the health sector in Union Budget 2020-21.

Market Dynamics

Increasing adoption of force sensor in the automotive industry is driving the market growth during the forecast period. Sensors are essential components of various automotive electronic control systems including tire pressure monitoring systems (TPMS), oil pressure sensing (OPS), and engine management system (MAP/BAP). Demand for sensors per vehicle is increasing due to changing government regulations on emissions monitoring & braking systems, and rising fuel efficiency standards. For instance, according to General Safety Regulation implemented by European Union in November 2021, it is mandatory to use various sensors to assist driver and increase driver's safety by using various sensors. Moreover, various key automotive manufacturers are using various sensors to enhance user experience by passenger car manufacturers, which is expected to accelerate demand for force sensors from the automotive industry, globally.

Furthermore, key manufacturers in the global force sensor market are also offering various force sensors for automotive industry. For instance, Sensitronics, LLC, a U.S.-based force sensor manufacturing company, is offering various custom single zone force sensing resistors such as 1-Inch ShuntMode FSR, 1-Inch ShuntMode FSR, and others for automotive market. These advanced sensors provide accuracy for vehicle control.

Key features of the study:

• This report provides in-depth analysis of global force sensor market size (US$ Million) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
• It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
• This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by the leading market players
• It profiles leading players in the global force sensor market based on the following parameters - company overview, financial performance, product portfolio, geographical presence, market capital, key developments, strategies, and future plans
• Companies covered as a part of this study include Honeywell International Inc., Texas Instruments Incorporated, ATI Industrial Automation, Inc., TE Connectivity, Tekscan, Inc., Racelogic Ltd, Magnetic Sense GmbH, SensorData Technologies, Inc., Sensors And Synergy S.A. (SENSY S.A.), Sensata Technologies,hbm, Strainsert, Inc., FUTEK Advanced Sensor Technology, Inc., Gefran, Althen Sensors, PCB Piezotronics, OMRON Corporation, WIKA Alexander Wiegand SE & Co. KG, Flintec Inc.
• Insights from this report would allow marketers and management authorities of companies to make informed decisions regarding future product launches, product upgrades, market expansion, and marketing tactics
• The global force sensor market report caters to various stakeholders in this industry including investors, suppliers, managed service providers, third-party service providers, distributors, new entrants, and value-added resellers
• Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global force sensor market

Detailed Segmentation

• Global Force Sensor Market, By Technology:
  • Capacitive Force Sensor
  • Piezoresistive Force Sensor
  • Piezoelectric Force Sensor
  • Magneto-elastic Force Sensor
  • Others (Optical Force Sensor, etc.)
• Global Force Sensor Market, By Application:
  • Monitoring & Control
  • Testing & Measurement
• Global Force Sensor Market, By End use Vertical:
  • Automotive
  • Medical & Healthcare
  • Consumer Electronics
  • Clothing & Textile
  • Food & Beverage
  • Manufacturing
  • Aerospace & Defense
  • Oil & Gas
  • Construction
  • Agriculture
  • Others
• Global Force Sensor Market, By Automotive Application:
  • Motor Speed Control
  • Seat Occupancy Detection
  • Steering Wheel Control Console
  • Mirror Adjustor
  • Gear Knob
  • Brake
  • Assembly Parts Detection
  • Suspension Force Measurement
  • Gasket Force Monitoring
  • Others
• Global Force Sensor Market, By Region:
  • North America
    • By Technology:
    • Touch Sensor
    • Motion Sensor
    • Position Sensor
    • Others
    • By Application:
    • Monitoring & Control
    • Testing & Measurement
    • By End use Vertical:
    • Automotive
    • Medical & Healthcare
    • Consumer Electronics
    • Clothing & Textile
    • Food & Beverage
    • Manufacturing
    • Aerospace & Defense
    • Oil & Gas
    • Construction
    • Agriculture
    • Others
    • By Automotive Application:
    • Motor Speed Control
    • Seat Occupancy Detection
    • Steering Wheel Control Console
    • Mirror Adjustor
    • Gear Knob
    • Brake
    • Assembly Parts Detection
    • Suspension Force Measurement
    • Gasket Force Monitoring
    • Others
    • By Country:
    • U.S.
    • Canada
  • Europe
    • By Technology:
    • Touch Sensor
    • Motion Sensor
    • Position Sensor
    • Others
    • By Application:
    • Monitoring & Control
    • Testing & Measurement
    • By End use Vertical:
    • Automotive
    • Medical & Healthcare
    • Consumer Electronics
    • Clothing & Textile
    • Food & Beverage
    • Manufacturing
    • Aerospace & Defense
    • Oil & Gas
    • Construction
    • Agriculture
    • Others
    • By Automotive Application:
    • Motor Speed Control
    • Seat Occupancy Detection
    • Steering Wheel Control Console
    • Mirror Adjustor
    • Gear Knob
    • Brake
    • Assembly Parts Detection
    • Suspension Force Measurement
    • Gasket Force Monitoring
    • Others
    • By Country:
    • Germany
    • U.K.
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • By Technology:
    • Touch Sensor
    • Motion Sensor
    • Position Sensor
    • Others
    • By Application:
    • Monitoring & Control
    • Testing & Measurement
    • By End use Vertical:
    • Automotive
    • Medical & Healthcare
    • Consumer Electronics
    • Clothing & Textile
    • Food & Beverage
    • Manufacturing
    • Aerospace & Defense
    • Oil & Gas
    • Construction
    • Agriculture
    • Others
    • By Automotive Application:
    • Motor Speed Control
    • Seat Occupancy Detection
    • Steering Wheel Control Console
    • Mirror Adjustor
    • Gear Knob
    • Brake
    • Assembly Parts Detection
    • Suspension Force Measurement
    • Gasket Force Monitoring
    • Others
    • By Country:
    • China
    • India
    • Japan
    • Australia
    • South Korea
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • By Technology:
    • Touch Sensor
    • Motion Sensor
    • Position Sensor
    • Others
    • By Application:
    • Monitoring & Control
    • Testing & Measurement
    • By End use Vertical:
    • Automotive
    • Medical & Healthcare
    • Consumer Electronics
    • Clothing & Textile
    • Food & Beverage
    • Manufacturing
    • Aerospace & Defense
    • Oil & Gas
    • Construction
    • Agriculture
    • Others
    • By Automotive Application:
    • Motor Speed Control
    • Seat Occupancy Detection
    • Steering Wheel Control Console
    • Mirror Adjustor
    • Gear Knob
    • Brake
    • Assembly Parts Detection
    • Suspension Force Measurement
    • Gasket Force Monitoring
    • Others
    • By Country:
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East and Africa
    • By Technology:
    • Touch Sensor
    • Motion Sensor
    • Position Sensor
    • Others
    • By Application:
    • Monitoring & Control
    • Testing & Measurement
    • By End use Vertical:
    • Automotive
    • Medical & Healthcare
    • Consumer Electronics
    • Clothing & Textile
    • Food & Beverage
    • Manufacturing
    • Aerospace & Defense
    • Oil & Gas
    • Construction
    • Agriculture
    • Others
    • By Automotive Application:
    • Motor Speed Control
    • Seat Occupancy Detection
    • Steering Wheel Control Console
    • Mirror Adjustor
    • Gear Knob
    • Brake
    • Assembly Parts Detection
    • Suspension Force Measurement
    • Gasket Force Monitoring
    • Others
    • By Country:
    • South Africa
    • GCC Countries
    • Rest of the Middle East and Africa
• Company Profiles
  • Honeywell International Inc.
    • Company Overview
    • Product Portfolio
    • Financial Performance
    • Key Strategies
    • Recent Developments/ Updates
  • Texas Instruments Incorporated
  • ATI Industrial Automation, Inc.
  • TE Connectivity
  • Tekscan, Inc.
  • Racelogic Ltd
  • Magnetic Sense GmbH
  • SensorData Technologies, Inc.
  • Sensors And Synergy S.A. (SENSY S.A.)
  • Sensata Technologies
  • HBM
  • Strainsert, Inc.
  • FUTEK Advanced Sensor Technology, Inc.
  • Gefran
  • Althen Sensors
  • PCB Piezotronics
  • OMRON Corporation
  • WIKA Alexander Wiegand SE & Co. KG
  • Flintec Inc.

"*" marked represents similar segmentation in other categories in the respective section.