The global force sensor market is expected to witness a CAGR of 5.25% during the forecast period. Force sensors are transducers converting the mechanical input signal into an electrical output signal and offer ultra-thin sensor construction with greater flexibility. Thus, highly durable and are used in applications across various industry verticals.

The global market is anticipated to be affected by various macroeconomic and industry-specific factors over the projected period. Technological development, low manufacturing cost, rising product demand, increase in demand for industrial robots, development in medical devices with force-sensing technology, innovations, and advancements in manufacturing, and increasing adoption in consumer electronics owing to the growing popularity of touch interface devices are some of the factors that drive the growth of forces sensor market globally.

The COVID-19 pandemic has disrupted all industries. In the short run, the force sensor market is also been affected as many industrial players have closed down their production facilities so as to safeguard their employee health and unavailability of raw materials for manufacturing of components, act as a restraining factor for the growth of the market as the manufacturing companies were not able to deliver their product.

The automotive sector in the force sensor market is anticipated to be severely impacted due to the lockdown and restraining the operations in manufacturing and production industries globally.

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Swiss sensor product manufacturing company TE Connectivity is providing Force Load Cells for the Internet of Things (IoT) market, which can be used in consumer devices, Industry 4.0, and medical applications to collect a wide range of data. The highly advanced force load cells developed by TE Connectivity can provide accurate and highly reliable measurements.

The market for manufacturing applications is anticipated to grow at a high CAGR over the projected period. The industrial sector includes manufacturing and processing industries such as semiconductors, automobiles, aerospace, and defense.

Due to the use of piezoelectric sensors for cryogenic fuel pulsation, testing rocket motor combustion instability, monitoring helicopter health, and hydraulic pump elevation, aerospace and defense segments have a significant share in the force sensor market. Automotive manufacturers such as Toyota Motor Corporation and BMW Group are focusing on using advanced, safer, and secure sensor-based products for various automotive applications.

The Asia Pacific is anticipated to have a significant share due to the use of capacitive type in touchpad mobile phones. This region has the highest share in smartphones as many global players such as Samsung, Ericsson, and Huawei are present in the region. Moreover, the tremendous growth of sectors such as automobiles, food & beverages, manufacturing, and bulk material handling industries in emerging economies such as China, Japan, India, and South Korea.

The prominent players in the force sensor market include Honeywell International Inc., Futek Advanced Sensor Technologies, TE Connectivity, Tekscan, Inc., Sherborne Sensors Inc, Measurement & Control Solutions, Infineon Technologies AG, and Siemens AG.

Source: VynZ Research