Force Sensor Market : Industry Trends and Technology - Global Forecast to 2024

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MarketsandMarkets Presents
Force Sensor Market by Application, Technology
(Piezoelectric Force Sensor, Strain Gauge, Load
Cell, Capacitive Force Sensor, and Magnetoelastic
Force Sensor), Operation, Force Type, and
Geography Global Forecast to 2024  The force
sensor market is expected to grow from USD 1.8
billion in 2019 to USD 2.3 billion by 2024, at a
CAGR of 5.5
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MarketsandMarkets Presents
Market for manufacturing applications to grow at
highest CAGR during 20192024 The market size
for manufacturing applications is projected to
grow at the highest CAGR during the forecast
period. The industrial sector includes
manufacturing and process industries such as
semiconductor, automotive, and aerospace
defense. The large-scale implementation of
sensors across various industries for the purpose
of generating data and monitoring facilities are
expected to offer lucrative growth opportunities
in this application
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MarketsandMarkets Presents
Piezoelectric force sensor to dominate force
sensor market, by technology, in 2019 The market
for piezoelectric force sensors is expected to
hold the largest share in 2019. Piezoelectric
sensors detect changes in pressure, acceleration,
temperature, strain, and force and convert the
acquired data to an electrical charge. Download
PDF Brochure _at_ https//www.marketsandmarkets.com/p
dfdownloadNew.asp?id16792450 Hence, it is
mostly used in applications involving flex
motions, touch, vibrations, and shock
measurement. Piezoelectric sensors are used in
various industries, such as healthcare,
aerospace, and consumer electronics, as well as
nuclear instrumentation.
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MarketsandMarkets Presents
APAC  to hold largest share of force sensor
market in 2019 In terms of value, APAC is
expected to dominate the force sensor market in
2019. APAC is the largest market for force
sensors owing to Chinas largest manufacturing
output. It is one of the largest manufacturers of
consumer electronics, automobile, mining, and
other machinery. Moreover, the strong presence
of the market leaders such as METTLER TOLEDO
(US), Spectris (UK), (US), Vishay Precision Group
(US), Honeywell (US), Block Kistler
(Switzerland), and Gefran (Germany) in North
America is also contributing significantly to the
growth of the force sensor market in the region.
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MarketsandMarkets Presents
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