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Force Sensor Global Market Report 2024

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    Report

  • 175 Pages
  • February 2024
  • Region: Global
  • The Business Research Company
  • ID: 5939839
The force sensor market size has grown strongly in recent years. It will grow from $2.34 billion in 2023 to $2.49 billion in 2024 at a compound annual growth rate (CAGR) of 6.4%. The expansion observed in the historical period can be ascribed to the growth of industrial automation, the miniaturization of consumer electronics, advancements in automotive safety systems, the development of healthcare instrumentation, and the increasing prominence of human-machine interfaces.

The force sensor market size is expected to see strong growth in the next few years. It will grow to $3.09 billion in 2028 at a compound annual growth rate (CAGR) of 5.6%. The anticipated growth in the forecast period can be linked to the integration of the Internet of Things (IoT), the expansion of robotic applications, the introduction of flexible and stretchable sensors, the proliferation of smart home devices, the adoption of force sensing technology in smartphones, and the increasing demand for advanced driver assistance systems. Noteworthy trends expected in the forecast period encompass advancements in material sciences, heightened utilization in gaming and entertainment, the incorporation of virtual reality (VR) and augmented reality (AR), the integration of artificial intelligence, and the implementation of machine learning.

The projected growth of the force sensor market is expected to be driven by the increasing demand for industrial robots. Industrial robots, mechanical devices designed for automated production tasks in industrial settings, benefit from force sensors that enhance their control technologies, providing haptic input to improve overall performance. This functionality includes validating grip pressures, ensuring proper balance, and providing tactile information to external sources. For example, in May 2023, the International Federation of Robotics reported a 12% increase in the installations of industrial robots in manufacturing, reaching 41,624 units in North America in 2022 compared to 2021. Consequently, the adoption of industrial robots is a key factor propelling the growth of the force sensor market.

The heightened production in the automotive industry is anticipated to contribute to the growth of the force sensor market. Automotive, encompassing the design, manufacturing, and marketing of motor vehicles, utilizes force sensors in various applications to measure and control forces, enhancing safety and efficiency in areas such as airbag deployment and brake systems. According to the European Automobile Manufacturers Association (ACEA), global motor vehicle production reached 85.4 million units in 2022, marking a 5.7% increase compared to 2021. Additionally, in August 2021, MarkLines reported an estimated 4.7% increase in U.S. new vehicle sales, reaching 1,291,881 units in July 2021 compared to July 2020. Thus, the increased production in the automotive sector is a driving force for the force sensor market.


A prominent trend gaining traction in the force sensor market is product innovation, with major companies in the sector actively pursuing innovations to maintain their market positions. For example, in September 2022, the Switzerland-based technology company Kistler Group introduced the SlimLine force sensor 9132CD, designed for the high-precision measurement of low forces. This new force transducer boasts enhanced sensitivity and features an exceptionally flexible, durable connection wire, making it ideal for precise measurements of low forces in applications such as semiconductors and 3C, where space constraints are a challenge.

Leading companies in the force sensor market are directing their efforts toward the development of smart sensors, including compact smart mini force sensors, to leverage digital transformation and maximize profitability. Smart mini force sensors are compact, digitally-enabled devices tailored for precise force measurements in fast processes. In July 2023, UK-based HBK launched the U9C and C9C smart mini force sensors equipped with IO-Link, specifically designed for swift processes in assembly and automotive manufacturing. These compact and robust sensors provide a standardized interface to PLCs with IO-Link, facilitating digitization at the user's preferred pace. Leveraging digital signal processing, these sensors offer advantages such as detecting technical limit breaches, enabling predictive maintenance, and resisting electromagnetic interferences. The sensors are compatible with existing setups, ensuring ease of integration and cost savings.

In May 2021, Qorvo Inc., a US-based semiconductor solutions supplier, acquired NextInput for an undisclosed amount. This strategic move by Qorvo Inc aims to broaden its technology portfolio and expedite the deployment of force-sensing solutions utilizing MEMS-based sensors. NextInput, the acquired US-based company, specializes in MEM-based force-sensing solutions applicable to consumer electronics, wearables, IoT, automotive, industrial, and medical applications.

Major companies operating in the force sensor market report are Siemens AG, Honeywell International Inc., ABB Ltd., Texas Instruments Incorporated, TE Connectivity Ltd., MinebeaMitsumi Inc., Alps Electric Co. Ltd., Omron Corporation, FANUC America Corporation, Sensata Technologies Inc., Mettler Toledo Inc., Spectris PLC, Synaptics Inc., Baumer Holding AG, Kistler Group, Vishay Precision Group Inc., Flintec Group AB, OMEGA Engineering Inc., Gefran Group, PCB Piezotronics Inc., ATI Industrial Automation Inc., HBM Inc., Dytran Instruments Inc., FUTEK Advanced Sensor Technology Inc., Tekscan Inc., HITEC Sensor Developments Inc., Taiwan Alpha Electronic Co Ltd., Sensel, Interlink Electronics Inc., Strainsert Co.

North America was the largest region in the force sensor market in 2023. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the force sensor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the force sensor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The primary force sensor categories encompass tension force sensors, compression force sensors, and tension and compression force sensors. Tension force sensors are employed to measure pulling or tension forces applied to an object. They find applications in detecting forces acting on rollers due to material tension in tensile testing, materials research, measuring tension in ropes and wires, suspended hopper weighing, and aerospace process monitoring. Various technologies, including strain gauges, load cells, force-sensitive resistors, and others, operate in analog and digital modes. These technologies are utilized across diverse industries such as healthcare, industrial manufacturing, automotive, aerospace and defense, consumer electronics, and others.

The force sensor market research report is one of a series of new reports that provides force sensor market statistics, including force sensor industry global market size, regional shares, competitors with a force sensor market share, detailed force sensor market segments, market trends and opportunities, and any further data you may need to thrive in the force sensor industry. This force sensor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The force sensor market consists of revenues earned by entities by providing force calibrations, design and manufacture of custom loading fixtures & adapters, sensor troubleshooting & repair, calibration of signal conditioning equipment, complimentary sensor evaluations, and custom solutions force sensors. The market value includes the value of related goods sold by the service provider or included within the service offering. The force sensor market also includes sales of optical force sensors, ultrasonic force sensors, pneumatic load cells, hydraulic load cells, piezoelectric crystal load cells, inductive load cells, capacitive load cells, and magneto strictive load cells. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Table of Contents

1. Executive Summary2. Force Sensor Market Characteristics3. Force Sensor Market Trends and Strategies
4. Force Sensor Market - Macro Economic Scenario
4.1. Impact of High Inflation on the Market
4.2. Ukraine-Russia War Impact on the Market
4.3. COVID-19 Impact on the Market
5. Global Force Sensor Market Size and Growth
5.1. Global Force Sensor Market Drivers and Restraints
5.1.1. Drivers of the Market
5.1.2. Restraints of the Market
5.2. Global Force Sensor Historic Market Size and Growth, 2018-2023, Value ($ Billion)
5.3. Global Force Sensor Forecast Market Size and Growth, 2023-2028, 2033F, Value ($ Billion)
6. Force Sensor Market Segmentation
6.1. Global Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Tension Force Sensors
  • Compression Force Sensors
  • Tension and Compression Force Sensors
6.2. Global Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Strain Gauge
  • Load Cell
  • Force Sensitive Resistors
  • Other Technologies
6.3. Global Force Sensor Market, Segmentation by Operation, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Analog
  • Digital
6.4. Global Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Healthcare
  • Industrial Manufacturing
  • Automotive
  • Aerospace and Defense
  • Consumer Electronics
  • Other End-use Industries
7. Force Sensor Market Regional and Country Analysis
7.1. Global Force Sensor Market, Split by Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Force Sensor Market, Split by Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8. Asia-Pacific Force Sensor Market
8.1. Asia-Pacific Force Sensor Market Overview
Region Information, Impact of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
9. China Force Sensor Market
9.1. China Force Sensor Market Overview
9.2. China Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
10. India Force Sensor Market
10.1. India Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11. Japan Force Sensor Market
11.1. Japan Force Sensor Market Overview
11.2. Japan Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12. Australia Force Sensor Market
12.1. Australia Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13. Indonesia Force Sensor Market
13.1. Indonesia Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14. South Korea Force Sensor Market
14.1. South Korea Force Sensor Market Overview
14.2. South Korea Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15. Western Europe Force Sensor Market
15.1. Western Europe Force Sensor Market Overview
15.2. Western Europe Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16. UK Force Sensor Market
16.1. UK Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17. Germany Force Sensor Market
17.1. Germany Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18. France Force Sensor Market
18.1. France Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19. Italy Force Sensor Market
19.1. Italy Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20. Spain Force Sensor Market
20.1. Spain Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21. Eastern Europe Force Sensor Market
21.1. Eastern Europe Force Sensor Market Overview
21.2. Eastern Europe Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22. Russia Force Sensor Market
22.1. Russia Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23. North America Force Sensor Market
23.1. North America Force Sensor Market Overview
23.2. North America Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24. USA Force Sensor Market
24.1. USA Force Sensor Market Overview
24.2. USA Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25. Canada Force Sensor Market
25.1. Canada Force Sensor Market Overview
25.2. Canada Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26. South America Force Sensor Market
26.1. South America Force Sensor Market Overview
26.2. South America Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27. Brazil Force Sensor Market
27.1. Brazil Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28. Middle East Force Sensor Market
28.1. Middle East Force Sensor Market Overview
28.2. Middle East Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29. Africa Force Sensor Market
29.1. Africa Force Sensor Market Overview
29.2. Africa Force Sensor Market, Segmentation by Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Force Sensor Market, Segmentation by Technology, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Force Sensor Market, Segmentation by End-use Industry, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
30. Force Sensor Market Competitive Landscape and Company Profiles
30.1. Force Sensor Market Competitive Landscape
30.2. Force Sensor Market Company Profiles
30.2.1. Siemens AG
30.2.1.1. Overview
30.2.1.2. Products and Services
30.2.1.3. Strategy
30.2.1.4. Financial Performance
30.2.2. Honeywell International Inc.
30.2.2.1. Overview
30.2.2.2. Products and Services
30.2.2.3. Strategy
30.2.2.4. Financial Performance
30.2.3. ABB Ltd.
30.2.3.1. Overview
30.2.3.2. Products and Services
30.2.3.3. Strategy
30.2.3.4. Financial Performance
30.2.4. Texas Instruments Incorporated
30.2.4.1. Overview
30.2.4.2. Products and Services
30.2.4.3. Strategy
30.2.4.4. Financial Performance
30.2.5. TE Connectivity Ltd.
30.2.5.1. Overview
30.2.5.2. Products and Services
30.2.5.3. Strategy
30.2.5.4. Financial Performance
31. Force Sensor Market Other Major and Innovative Companies
31.1. MinebeaMitsumi Inc.
31.2. Alps Electric Co. Ltd
31.3. Omron Corporation
31.4. FANUC America Corporation
31.5. Sensata Technologies Inc
31.6. Mettler Toledo Inc.
31.7. Spectris plc
31.8. Synaptics Inc.
31.9. Baumer Holding AG
31.10. Kistler Group
31.11. Vishay Precision Group Inc.
31.12. Flintec Group AB
31.13. OMEGA Engineering Inc.
31.14. Gefran Group
31.15. PCB Piezotronics Inc.
32. Global Force Sensor Market Competitive Benchmarking33. Global Force Sensor Market Competitive Dashboard34. Key Mergers and Acquisitions in the Force Sensor Market
35. Force Sensor Market Future Outlook and Potential Analysis
35.1 Force Sensor Market in 2028 - Countries Offering Most New Opportunities
35.2 Force Sensor Market in 2028 - Segments Offering Most New Opportunities
35.3 Force Sensor Market in 2028 - Growth Strategies
35.3.1 Market Trend-based Strategies
35.3.2 Competitor Strategies
36. Appendix
36.1. Abbreviations
36.2. Currencies
36.3. Historic and Forecast Inflation Rates
36.4. Research Inquiries
36.5. About the Analyst
36.6. Copyright and Disclaimer

Executive Summary

Force Sensor Global Market Report 2024 provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on force sensor market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

  • Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
  • Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
  • Assess the Russia-Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
  • Measure the impact of high global inflation on market growth.
  • Create regional and country strategies on the basis of local data and analysis.
  • Identify growth segments for investment.
  • Outperform competitors using forecast data and the drivers and trends shaping the market.
  • Understand customers based on the latest market shares.
  • Benchmark performance against key competitors.
  • Suitable for supporting your internal and external presentations with reliable high quality data and analysis.
  • Report will be updated with the latest data and delivered to you along with an Excel data sheet for easy data extraction and analysis.
  • All data from the report will also be delivered in an excel dashboard format.
Description
Where is the largest and fastest growing market for force sensor? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? This report answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
  • The market characteristics section of the report defines and explains the market.
  • The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
  • The forecasts are made after considering the major factors currently impacting the market. These include:
  • The impact of sanctions, supply chain disruptions, and altered demand for goods and services due to the Russian Ukraine war, impacting various macro-economic factors and parameters in the Eastern European region and its subsequent effect on global markets.
  • The impact of higher inflation in many countries and the resulting spike in interest rates.
  • The continued but declining impact of COVID-19 on supply chains and consumption patterns.
  • Market segmentations break down the market into sub markets.
  • The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
  • The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
  • The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.

Report Scope

Markets Covered:
1) By Type: Tension Force Sensors; Compression Force Sensors; Tension and Compression Force Sensors
2) By Technology: Strain Gauge; Load Cell; Force Sensitive Resistors; Other Technologies
3) By Operation: Analog; Digital
4) By End-use Industry: Healthcare; Industrial Manufacturing; Automotive; Aerospace and Defense; Consumer Electronics; Other End-use Industries

Key Companies Mentioned: Siemens AG; Honeywell International Inc.; ABB Ltd.; Texas Instruments Incorporated; TE Connectivity Ltd.

Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain

Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa

Time Series: Five years historic and ten years forecast

Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita

Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments

Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes

Delivery Format: PDF, Word and Excel Data Dashboard

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Siemens AG
  • Honeywell International Inc.
  • ABB Ltd.
  • Texas Instruments Incorporated
  • TE Connectivity Ltd.
  • MinebeaMitsumi Inc.
  • Alps Electric Co. Ltd
  • Omron Corporation
  • FANUC America Corporation
  • Sensata Technologies Inc
  • Mettler Toledo Inc.
  • Spectris plc
  • Synaptics Inc.
  • Baumer Holding AG
  • Kistler Group
  • Vishay Precision Group Inc.
  • Flintec Group AB
  • OMEGA Engineering Inc.
  • Gefran Group
  • PCB Piezotronics Inc.
  • ATI Industrial Automation Inc.
  • HBM Inc.
  • Dytran Instruments Inc.
  • FUTEK Advanced Sensor Technology Inc.
  • Tekscan Inc.
  • HITEC Sensor Developments Inc.
  • Taiwan Alpha Electronic Co Ltd
  • Sensel
  • Interlink Electronics Inc.
  • Strainsert Co

Methodology

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Table Information