Force Sensors Market Growth Outlook with Industry Review and Forecasts from 2017-2024

1
Force Sensors Industry Business Development
Analysis and Future Challenges by 2024 Global
Market Insights Inc.
2
Regional Analysis of Force Sensors Market

• 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 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

3
Application Analysis of Force Sensors Market

• Force sensors are sensing device and act as
  pressure sensing resistor in electrical circuit.
  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.
• 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
  sensors market.

4
Competitive Market Share of Force Sensors
Market

• Prominent manufacturers of force sensors market
  are Tekscan, TE Connectivity, Feutek Advanced
  Technology, Measurement Specialities, Siemens,
  Sensitronics, Omron Corporation, Texas
  Instruments, ATI Industrial Automation, Digi Key
  and GE Measurement. Companies are devising new
  technology to manufacture better product and
  minimize damage. For instance, Tekscan has
  developed wireless FlexiForce technology to
  reduce their damage and increase their
  profitability.

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