Force Sensor Market Overview

The report is titled ‘Force Sensor Market: Opportunity Analysis and Future Assessment 2020-2028’. An overview of conceptual frameworks, analytical approaches of the force sensor market is the main objective of the report, which further consists of the market opportunity and insights of the data involved in the making of the respective market. The force sensor market is expected to grow at a significant rate in the near future.

The force sensor market is expected to reach US$ 2.5 Bn by 2028 from US$ 3.9 Bn in 2020, at a CAGR of 5.6% during the forecast period of 2020 to 2028.

Force Sensor Market Definition

A force sensor is defined as a transducer that converts an input mechanical load, compression, weight, tension into an electrical output signal. The main types of force sensors comprise capacitive load cells, hydraulic load cells, inductive load cells, magneto-strictive load cells, piezoelectric crystal load cells, pneumatic load cells, and strain gage load cells. The applications of force sensors announced to scales, commercial applications, onboarding weight, medical applications, OEM, aerospace applications, etc.

Force Sensor Market Dynamics

The demand for force sensors is estimated to have significant growth during the predicted years, accounting for the increasing demand for industrial robots coupled with the research and development activities in the internet of things. In addition, the growing demand for safety features in automobile manufacturing plants is also expected to boost the demand for force sensors shortly.

On the other hand, the complex manufacturing process of load cells along with its supply in the price competitive market are the major factors that are responsible for retarding the demand for force sensors, which in turn are expected to hamper the market growth, globally. However, the increasing adoption of force sensors in variables and the consumer goods segment is expected to offer lucrative growth opportunities for this business.

Also, the application of piezoelectric force sensors in energy and power applications for the detection of compressive and tension force is responsible for boosting the overall market shares. Besides, its application in chemical industries as moisture-proof and chemical-resistant strain gauges for monitoring purposes is also expected to elevate the business growth in predictable years. Lastly, high regulatory barriers may be the challenging factor, global force sensors market size.

Force Sensor Market Segmentation

The global Force Sensor market is segmented on the basis of application, operation, force type, technology, and regions. Based on application, the force sensor market is segmented into manufacturing, energy & power, pharmaceuticals, chemicals, oil & gas, mining, and others. Based on operations, the market is categorized into analog and digital. The force type segment is divided into compression, tension, and compression & tension. Lastly, the technology segment is fragmented into piezoelectric force sensor, strain gauge, load cell, capacitive force sensor, magnetoelastic force sensor, and others.

By Application

Manufacturing

Energy & Power

Pharmaceuticals

Chemicals

Oil & Gas

Mining

Others

By Operation

Analog

Digital

By Force Type

Compression

Tension

Compression & Tension

By Technology

Piezoelectric Force Sensor

Strain Gauge

Load Cell

Capacitive Force Sensor

Magnetoelastic Force Sensor

Others

By Region

North America

Latin America

Africa

Europe

Asia Pacific

Middle East

Force Sensor Market Key Players

The global Force Sensor market is dominated by METTLER TOLEDO, Spectris, Flintec, Vishay Precision Group, Honeywell, Gefran, Siemens, TE Connectivity, Sensata Technologies, Kistler, BCM Sensor Technologies, Baumer Group, Tekscan, Lorrenz Messtechnik gmbh, Futek Advanced Sensor Technology, Taiwan Alpha Electronics, Texas Instruments, ABB, Uneo, and Priamus System Technologies.

MMC Overview on Force Sensor Market Report

The non-identical approach of Meridian Market Consultants stands with conceptual methods backed up with the data analysis. The novel market understanding approach makes up the standard of the assessment results that give a better opportunity for the customers to put their effort.

A research report on the force sensor market by Meridian Market Consultants is an in-depth and extensive study of the market based on the necessary data crunching and statistical analysis. It provides a brief view of the dynamics flowing through the market, which includes the factors that support the market and the factors that are acting as impedance for the growth of the market.

Furthermore, the report includes the various trends and opportunities in the respective market in different regions for a better understanding of readers that helps to analyze the potential of the market.

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth include (but not restricted to):

New product designs and launches

Current product compliance

Reimbursement

Concerns for use of Force Sensor

Advantages of Force Sensor

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at the regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to make informed decisions.

A mix of the top-down and bottom-up approach is followed to arrive at and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, its product sales, previous growth rates, and market expansion plans are considered to generate market share in the global market.

1.    Global Force Sensor Market Report Overview

1.1.    Introduction

1.2.    Report Description

1.3.    Methodology

2.    Global Force Sensor Market Overview

2.1.    Introduction

2.1.1.    Market Definition

2.1.2.    Market Taxonomy

2.2.    Executive Summary

2.3.    Global Force Sensor Market Snapshot

2.4.    Global Force Sensor Market Size and Forecast, 2020–2028

2.4.1.    Introduction

2.4.2.    Market Value Forecast and Annual Growth Rate (AGR) Comparison (2020–2028)

2.5.    Global Force Sensor Market Dynamics

2.5.1.    Drivers

2.5.2.    Restraints

2.5.3.    Opportunity

2.5.4.    Trends

2.6.    Porter’s Five Forces Model

2.7.    Market SWOT Analysis

3.    Force Sensor Assessment and Analysis

3.1.    Impact Analysis

3.2.    Actions to encourage use of Force Sensor

3.3.    Road Map Analysis

3.4.    Potential Analysis 

4.    Covid-19 Impact on Force Sensor Market 

5.    Global Force Sensor Market, By Application

5.1.    Introduction

5.1.1.    Annual Growth Rate Comparison, By Application

5.1.2.    BPS Analysis, By Application

5.2.    Market Revenue (US$Mn) Forecast, By Application

5.2.1.    Manufacturing

5.2.2.    Energy & Power

5.2.3.    Pharmaceuticals

5.2.4.    Chemicals

5.2.5.    Oil & Gas

5.2.6.    Mining

5.2.7.    Others

5.3.    Global Force Sensor Market Attractiveness Index, By Application

6.    Global Force Sensor Market, By Operation

6.1.    Introduction

6.1.1.    Annual Growth Rate Comparison, By Operation

6.1.2.    BPS Analysis, By Operation

6.2.    Market Revenue (US$Mn) Forecast, By Operation

6.2.1.    Analog

6.2.2.    Digital

6.3.    Global Force Sensor Market Attractiveness Index, By Operation

7.    Global Force Sensor Market, By Force Type

7.1.    Introduction

7.1.1.    Annual Growth Rate Comparison, By Force Type

7.1.2.    BPS Analysis, By Force Type

7.2.    Market Revenue (US$Mn) Forecast, By Force Type

7.2.1.    Compression

7.2.2.    Tension

7.2.3.    Compression & Tension

7.3.    Global Force Sensor Market Attractiveness Index, By Force Type

8.    Global Force Sensor Market, By Technology

8.1.    Introduction

8.1.1.    Annual Growth Rate Comparison, By Technology

8.1.2.    BPS Analysis, By Technology

8.2.    Market Revenue (US$Mn) Forecast, By Technology

8.2.1.    Piezoelectric Force Sensor

8.2.2.    Strain Gauge

8.2.3.    Load Cell

8.2.4.    Capacitive Force Sensor

8.2.5.    Magnetoelastic Force Sensor

8.2.6.    Others

8.3.    Global Force Sensor Market Attractiveness Index, By Technology

9.    Global Force Sensor Market, By Region

9.1.    Introduction

9.1.1.    Annual Growth Rate Comparison, By Region

9.1.2.    BPS Analysis, By Region

9.2.    Market Revenue (US$Mn) Forecast, By Region

9.2.1.    North America

9.2.2.    Latin America

9.2.3.    Europe

9.2.4.    Asia Pacific

9.2.5.    Middle East 

9.2.6.    Africa

9.3.    Global Force Sensor Market Attractiveness Index, By Region

10.    North America Force Sensor Market Analysis and Forecast, 2020–2028

10.1.    Introduction

10.1.1.    Annual Growth Rate Comparison, By Country

10.1.2.    BPS Analysis, By Country

10.2.    Market Revenue (US$Mn) Forecast, By Country

10.2.1.    U.S. Force Sensor Market

10.2.2.    Canada Force Sensor Market

10.3.    North America Force Sensor Market, By Application

10.3.1.    Manufacturing

10.3.2.    Energy & Power

10.3.3.    Pharmaceuticals

10.3.4.    Chemicals

10.3.5.    Oil & Gas

10.3.6.    Mining

10.3.7.    Others

10.4.    North America Force Sensor Market, By Operation

10.4.1.    Analog

10.4.2.    Digital

10.5.    North America Force Sensor Market, By Force Type

10.5.1.    Compression

10.5.2.    Tension

10.5.3.    Compression & Tension

10.6.    North America Force Sensor Market, By Technology

10.6.1.    Piezoelectric Force Sensor

10.6.2.    Strain Gauge

10.6.3.    Load Cell

10.6.4.    Capacitive Force Sensor

10.6.5.    Magnetoelastic Force Sensor

10.6.6.    Others

10.7.    North America Force Sensor Market Attractiveness Index

10.7.1.    By Country

10.7.2.    By Application

10.7.3.    By Operation

10.7.4.    By Technology

11.    Latin America Force Sensor Market Analysis and Forecast, 2020–2028

11.1.    Introduction

11.1.1.    Annual Growth Rate Comparison, By Country

11.1.2.    BPS Analysis, By Country

11.2.    Market Revenue (US$Mn) Forecast, By Country

11.2.1.    Brazil Force Sensor Market

11.2.2.    Mexico Force Sensor Market

11.2.3.    Argentina Force Sensor Market

11.2.4.    Rest of Latin America Force Sensor Market

11.3.    Latin America Force Sensor Market, By Application

11.3.1.    Manufacturing

11.3.2.    Energy & Power

11.3.3.    Pharmaceuticals

11.3.4.    Chemicals

11.3.5.    Oil & Gas

11.3.6.    Mining

11.3.7.    Others

11.4.    Latin America Force Sensor Market, By Operation

11.4.1.    Analog

11.4.2.    Digital

11.5.    Latin America Force Sensor Market, By Force Type

11.5.1.    Compression

11.5.2.    Tension

11.5.3.    Compression & Tension

11.6.    Latin America Force Sensor Market, By Technology

11.6.1.    Piezoelectric Force Sensor

11.6.2.    Strain Gauge

11.6.3.    Load Cell

11.6.4.    Capacitive Force Sensor

11.6.5.    Magnetoelastic Force Sensor

11.6.6.    Others

11.7.    Latin America Force Sensor Market Attractiveness Index

11.7.1.    By Country

11.7.2.    By Application

11.7.3.    By Operation

11.7.4.    By Technology

12.    Europe Force Sensor Market Analysis and Forecast, 2020–2028

12.1.    Introduction

12.1.1.    Annual Growth Rate Comparison, By Country

12.1.2.    BPS Analysis, By Country

12.2.    Market Revenue (US$Mn) Forecast, By Country

12.2.1.    U.K. Force Sensor Market

12.2.2.    Germany Force Sensor Market

12.2.3.    Italy Force Sensor Market

12.2.4.    France Force Sensor Market

12.2.5.    Spain Force Sensor Market

12.2.6.    Russia Force Sensor Market

12.2.7.    Poland Force Sensor Market

12.2.8.    BENELUX Force Sensor Market

12.2.9.    NORDIC Force Sensor Market

12.2.10.    Rest of Europe Force Sensor Market

12.3.    Europe Force Sensor Market, By Application

12.3.1.    Manufacturing

12.3.2.    Energy & Power

12.3.3.    Pharmaceuticals

12.3.4.    Chemicals

12.3.5.    Oil & Gas

12.3.6.    Mining

12.3.7.    Others

12.4.    Europe Force Sensor Market, By Operation

12.4.1.    Analog

12.4.2.    Digital

12.5.    Europe Force Sensor Market, By Force Type

12.5.1.    Compression

12.5.2.    Tension

12.5.3.    Compression & Tension

12.6.    Europe Force Sensor Market, By Technology

12.6.1.    Piezoelectric Force Sensor

12.6.2.    Strain Gauge

12.6.3.    Load Cell

12.6.4.    Capacitive Force Sensor

12.6.5.    Magnetoelastic Force Sensor

12.6.6.    Others

12.7.    Europe Force Sensor Market Attractiveness Index

12.7.1.    By Country

12.7.2.    By Application

12.7.3.    By Operation

12.7.4.    By Technology

13.    Asia Pacific Force Sensor Market Analysis and Forecast, 2020–2028

13.1.    Introduction

13.1.1.    Annual Growth Rate Comparison, By Country

13.1.2.    BPS Analysis, By Country

13.2.    Market Revenue (US$Mn) Forecast, By Country

13.2.1.    China Force Sensor Market

13.2.2.    India Force Sensor Market

13.2.3.    Japan Force Sensor Market

13.2.4.    Australia And New Zealand Force Sensor Market

13.2.5.    South Korea Force Sensor Market

13.2.6.    ASEAN Force Sensor Market

13.2.7.    Rest of Asia Pacific Force Sensor Market

13.3.    Asia Pacific Force Sensor Market, By Application

13.3.1.    Manufacturing

13.3.2.    Energy & Power

13.3.3.    Pharmaceuticals

13.3.4.    Chemicals

13.3.5.    Oil & Gas

13.3.6.    Mining

13.3.7.    Others

13.4.    Asia Pacific Force Sensor Market, By Operation

13.4.1.    Analog

13.4.2.    Digital

13.5.    Asia Pacific Force Sensor Market, By Force Type

13.5.1.    Compression

13.5.2.    Tension

13.5.3.    Compression & Tension

13.6.    Asia Pacific Force Sensor Market, By Technology

13.6.1.    Piezoelectric Force Sensor

13.6.2.    Strain Gauge

13.6.3.    Load Cell

13.6.4.    Capacitive Force Sensor

13.6.5.    Magnetoelastic Force Sensor

13.6.6.    Others

13.7.    Asia Pacific Force Sensor Market Attractiveness Index

13.7.1.    By Country

13.7.2.    By Application

13.7.3.    By Operation

13.7.4.    By Technology

14.    Middle East Force Sensor Market, By Region

14.1.    Introduction

14.1.1.    Annual Growth Rate Comparison, By Country

14.1.2.    BPS Analysis, By Country

14.2.    Market Revenue (US$Mn) Forecast, By Country

14.2.1.    GCC Countries Force Sensor Market

14.2.2.    Israel Force Sensor Market

14.2.3.    Oman Force Sensor Market

14.2.4.    Rest of Middle East Force Sensor Market

14.3.    Middle East Force Sensor Market, By Application

14.3.1.    Manufacturing

14.3.2.    Energy & Power

14.3.3.    Pharmaceuticals

14.3.4.    Chemicals

14.3.5.    Oil & Gas

14.3.6.    Mining

14.3.7.    Others

14.4.    Middle East Force Sensor Market, By Operation

14.4.1.    Analog

14.4.2.    Digital

14.5.    Middle East Force Sensor Market, By Force Type

14.5.1.    Compression

14.5.2.    Tension

14.5.3.    Compression & Tension

14.6.    Middle East Force Sensor Market, By Technology

14.6.1.    Piezoelectric Force Sensor

14.6.2.    Strain Gauge

14.6.3.    Load Cell

14.6.4.    Capacitive Force Sensor

14.6.5.    Magnetoelastic Force Sensor

14.6.6.    Others

14.7.    Middle East Force Sensor Market Attractiveness Index

14.7.1.    By Country

14.7.2.    By Application

14.7.3.    By Operation

14.7.4.    By Technology

15.    Africa Force Sensor Market, By Region

15.1.    Introduction

15.1.1.    Annual Growth Rate Comparison, By Country

15.1.2.    BPS Analysis, By Country

15.2.    Market Revenue (US$Mn) Forecast, By Country

15.2.1.    South Africa Force Sensor Market

15.2.2.    Egypt Force Sensor Market

15.2.3.    North Africa Force Sensor Market

15.2.4.    Rest of Africa Force Sensor Market

15.3.    Africa Force Sensor Market, By Application

15.3.1.    Manufacturing

15.3.2.    Energy & Power

15.3.3.    Pharmaceuticals

15.3.4.    Chemicals

15.3.5.    Oil & Gas

15.3.6.    Mining

15.3.7.    Others

15.4.    Africa Force Sensor Market, By Operation

15.4.1.    Analog

15.4.2.    Digital

15.5.    Africa  Force Sensor Market, By Force Type

15.5.1.    Compression

15.5.2.    Tension

15.5.3.    Compression & Tension

15.6.    Africa  Force Sensor Market, By Technology

15.6.1.    Piezoelectric Force Sensor

15.6.2.    Strain Gauge

15.6.3.    Load Cell

15.6.4.    Capacitive Force Sensor

15.6.5.    Magnetoelastic Force Sensor

15.6.6.    Others

15.7.    Africa Force Sensor Market Attractiveness Index

15.7.1.    By Country

15.7.2.    By Application

15.7.3.    By Operation

15.7.4.    By Technology

16.    Recommendation

16.1.    Market Strategy

17.    Competitive Landscape

17.1.    Competition Dashboard

17.2.    List and Company Overview of Global Key Players

17.3.    Company Profiles

17.3.1.    METTLER TOLEDO

17.3.1.1.    Company Overview

17.3.1.2.    Financial Overview

17.3.1.3.    Product Portfolio

17.3.1.4.    Key Developments

17.3.1.5.    Business Strategies

17.3.2.    Spectris

17.3.3.    Flintec

17.3.4.    Vishay Precision Group

17.3.5.    Honeywell

17.3.6.    Gefran

17.3.7.    Siemens

17.3.8.    TE Connectivity

17.3.9.    Senata technologies

17.3.10.    Kistler

17.3.11.    BCM Sensor Technologies

17.3.12.    Baumer Group

17.3.13.    Tekscan

17.3.14.    Lorrenz Messtechnik

17.3.15.    Futek Advanced Sensor Technology

17.3.16.    Taiwan Alpha Electronic

17.3.17.    Texas Instruments

17.3.18.    ABB

17.3.19.    Uneo

17.3.20.    Priamus System Technologies

18.    Acronyms