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Force Sensors Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global force sensors market reached a value of US$ 2.42 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.34 Billion by 2027, exhibiting at a CAGR of 5.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Force sensors are transducers that convert an input mechanical load, weight, tension, compression, and pressure into an electrical output signal that can be restored, measured, and standardized. They offer high accuracy, long-term reliability, and cost-effectiveness compared to other measurement technologies. As a result, they are widely used in various applications, ranging from bathroom scales, musical instruments, medical devices to automobiles; detecting seat occupancy; and process controlling in manufacturing facilities. Presently, several manufacturers worldwide are offering force sensors in a variety of sizes, shapes, and capacities.

Force Sensors Market Trends:

The escalating demand for factory automation and high precision in manufacturing processes represents one of the key factors impelling the market growth. Apart from this, force sensors are employed in the aerospace industry to help measure force and in-flight torque controls, actuation systems, and braking systems with high reliability. This, in confluence with the rising air passenger traffic and the increasing emphasis on in-flight test and safety measurements, is contributing to the market growth. Moreover, force sensors are integrated into medical devices, such as catheters and endoscopes, which are used in a variety of settings like hospitals and home care. They are also utilized in surgical robots that can display three-dimensional (3D) visualization, which further enhances the view of the operative area and improves the control, precision, and range of small instruments. This, coupled with the escalating demand for minimally invasive surgeries (MIS) and the growing focus of healthcare providers on improving primary procedural outcomes and patients’ quality of life, is driving the sales of force sensors. Furthermore, as these sensors support several hardware developments and control programs in various military applications, increasing funding in various defense projects by governing agencies of numerous countries is positively influencing the market.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global force sensors market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on sensing technology, force type, operation and end use.

Breakup by Sensing Technology:

  • Strain Gauge
  • Load Cell
  • Force Sensitive Resistors
  • Others
     

Breakup by Force Type:

  • Compression
  • Tension
  • Compression and Tension
     

Breakup by Operation:

  • Analog
  • Digital
     

Breakup by End Use:

  • Automotive
  • Locomotive
  • Manufacturing
  • Mining
  • Aerospace and Defense
  • Construction
  • Healthcare
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd, Alps Electric Co. Ltd., FUTEK Advanced Sensor Technology Inc., Honeywell International Inc., Hottinger Brüel & Kjaer GmbH (Spectris plc), Interlink Electronics Inc., Sensata Technologies Inc., Nextinput Inc. (Qorvo Inc.), Sensel Inc., Synaptics Incorporated, Tangio Printed Electronics and Tekscan Inc.

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Sensing Technology, Force Type, Operation, End Use, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered ABB Ltd, Alps Electric Co. Ltd., FUTEK Advanced Sensor Technology Inc., Honeywell International Inc., Hottinger Brüel & Kjaer GmbH (Spectris plc), Interlink Electronics Inc., Sensata Technologies Inc., Nextinput Inc. (Qorvo Inc.), Sensel Inc., Synaptics Incorporated, Tangio Printed Electronics and Tekscan Inc.
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

1    Preface
2    Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Force Sensors Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Sensing Technology
    6.1    Strain Gauge
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Load Cell
        6.2.1 Market Trends
        6.2.2 Market Forecast
    6.3    Force Sensitive Resistors
        6.3.1 Market Trends
        6.3.2 Market Forecast
    6.4    Others
        6.4.1 Market Trends
        6.4.2 Market Forecast
7    Market Breakup by Force Type
    7.1    Compression
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Tension
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Compression and Tension
        7.3.1 Market Trends
        7.3.2 Market Forecast
8    Market Breakup by Operation
    8.1    Analog
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Digital
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by End Use
    9.1    Automotive
        9.1.1 Market Trends
        9.1.2 Market Forecast
    9.2    Locomotive
        9.2.1 Market Trends
        9.2.2 Market Forecast
    9.3    Manufacturing
        9.3.1 Market Trends
        9.3.2 Market Forecast
    9.4    Mining
        9.4.1 Market Trends
        9.4.2 Market Forecast
    9.5    Aerospace and Defense
        9.5.1 Market Trends
        9.5.2 Market Forecast
    9.6    Construction
        9.6.1 Market Trends
        9.6.2 Market Forecast
    9.7    Healthcare
        9.7.1 Market Trends
        9.7.2 Market Forecast
    9.8    Others
        9.8.1 Market Trends
        9.8.2 Market Forecast
10    Market Breakup by Region
    10.1    North America
        10.1.1 United States
           10.1.1.1 Market Trends
           10.1.1.2 Market Forecast
        10.1.2 Canada
           10.1.2.1 Market Trends
           10.1.2.2 Market Forecast
    10.2    Asia-Pacific
        10.2.1 China
           10.2.1.1 Market Trends
           10.2.1.2 Market Forecast
        10.2.2 Japan
           10.2.2.1 Market Trends
           10.2.2.2 Market Forecast
        10.2.3 India
           10.2.3.1 Market Trends
           10.2.3.2 Market Forecast
        10.2.4 South Korea
           10.2.4.1 Market Trends
           10.2.4.2 Market Forecast
        10.2.5 Australia
           10.2.5.1 Market Trends
           10.2.5.2 Market Forecast
        10.2.6 Indonesia
           10.2.6.1 Market Trends
           10.2.6.2 Market Forecast
        10.2.7 Others
           10.2.7.1 Market Trends
           10.2.7.2 Market Forecast
    10.3    Europe
        10.3.1 Germany
           10.3.1.1 Market Trends
           10.3.1.2 Market Forecast
        10.3.2 France
           10.3.2.1 Market Trends
           10.3.2.2 Market Forecast
        10.3.3 United Kingdom
           10.3.3.1 Market Trends
           10.3.3.2 Market Forecast
        10.3.4 Italy
           10.3.4.1 Market Trends
           10.3.4.2 Market Forecast
        10.3.5 Spain
           10.3.5.1 Market Trends
           10.3.5.2 Market Forecast
        10.3.6 Russia
           10.3.6.1 Market Trends
           10.3.6.2 Market Forecast
        10.3.7 Others
           10.3.7.1 Market Trends
           10.3.7.2 Market Forecast
    10.4    Latin America
        10.4.1 Brazil
           10.4.1.1 Market Trends
           10.4.1.2 Market Forecast
        10.4.2 Mexico
           10.4.2.1 Market Trends
           10.4.2.2 Market Forecast
        10.4.3 Others
           10.4.3.1 Market Trends
           10.4.3.2 Market Forecast
    10.5    Middle East and Africa
        10.5.1 Market Trends
        10.5.2 Market Breakup by Country
        10.5.3 Market Forecast
11    SWOT Analysis
    11.1    Overview
    11.2    Strengths
    11.3    Weaknesses
    11.4    Opportunities
    11.5    Threats
12    Value Chain Analysis
13    Porters Five Forces Analysis
    13.1    Overview
    13.2    Bargaining Power of Buyers
    13.3    Bargaining Power of Suppliers
    13.4    Degree of Competition
    13.5    Threat of New Entrants
    13.6    Threat of Substitutes
14    Price Analysis
15    Competitive Landscape
    15.1    Market Structure
    15.2    Key Players
    15.3    Profiles of Key Players
        15.3.1    ABB Ltd
           15.3.1.1 Company Overview
           15.3.1.2 Product Portfolio
           15.3.1.3 Financials
           15.3.1.4 SWOT Analysis
        15.3.2    Alps Electric Co. Ltd.
           15.3.2.1 Company Overview
           15.3.2.2 Product Portfolio
           15.3.2.3 Financials
           15.3.2.4 SWOT Analysis
        15.3.3    FUTEK Advanced Sensor Technology Inc.
           15.3.3.1 Company Overview
           15.3.3.2 Product Portfolio
        15.3.4    Honeywell International Inc.
           15.3.4.1 Company Overview
           15.3.4.2 Product Portfolio
           15.3.4.3 Financials
           15.3.4.4 SWOT Analysis
        15.3.5    Hottinger Brüel & Kjaer GmbH (Spectris plc)
           15.3.5.1 Company Overview
           15.3.5.2 Product Portfolio
        15.3.6    Interlink Electronics Inc.
           15.3.6.1 Company Overview
           15.3.6.2 Product Portfolio
           15.3.6.3 Financials
        15.3.7    Sensata Technologies Inc.
           15.3.7.1 Company Overview
           15.3.7.2 Product Portfolio
        15.3.8    Nextinput Inc. (Qorvo Inc.)
           15.3.8.1 Company Overview
           15.3.8.2 Product Portfolio
        15.3.9    Sensel Inc.
           15.3.9.1 Company Overview
           15.3.9.2 Product Portfolio
        15.3.10    Synaptics Incorporated
           15.3.10.1 Company Overview
           15.3.10.2 Product Portfolio
           15.3.10.3 Financials
        15.3.11    Tangio Printed Electronics
           15.3.11.1 Company Overview
           15.3.11.2 Product Portfolio
        15.3.12    Tekscan Inc.
           15.3.12.1 Company Overview
           15.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Force Sensors Market: Major Drivers and Challenges
Figure 2: Global: Force Sensors Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Force Sensors Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Force Sensors Market: Breakup by Sensing Technology (in %), 2021
Figure 5: Global: Force Sensors Market: Breakup by Force Type (in %), 2021
Figure 6: Global: Force Sensors Market: Breakup by Operation (in %), 2021
Figure 7: Global: Force Sensors Market: Breakup by End Use (in %), 2021
Figure 8: Global: Force Sensors Market: Breakup by Region (in %), 2021
Figure 9: Global: Force Sensors (Strain Gauge) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Force Sensors (Strain Gauge) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Force Sensors (Load Cell) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Force Sensors (Load Cell) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Force Sensors (Force Sensitive Resistors) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Force Sensors (Force Sensitive Resistors) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Force Sensors (Other Sensing Technologies) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Force Sensors (Other Sensing Technologies) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Force Sensors (Compression) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Force Sensors (Compression) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Force Sensors (Tension) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Force Sensors (Tension) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Force Sensors (Compression and Tension) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Force Sensors (Compression and Tension) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Force Sensors (Analog) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Force Sensors (Analog) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Force Sensors (Digital) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Force Sensors (Digital) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Force Sensors (Automotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Force Sensors (Automotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Force Sensors (Locomotive) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Force Sensors (Locomotive) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Force Sensors (Manufacturing) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Force Sensors (Manufacturing) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Force Sensors (Mining) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Force Sensors (Mining) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Force Sensors (Aerospace and Defense) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Force Sensors (Aerospace and Defense) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Force Sensors (Construction) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Force Sensors (Construction) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Force Sensors (Healthcare) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Force Sensors (Healthcare) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Force Sensors (Other End Uses) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Force Sensors (Other End Uses) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: North America: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: North America: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: United States: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: United States: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Canada: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Canada: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Asia-Pacific: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Asia-Pacific: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: China: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: China: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Japan: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Japan: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: India: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: India: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: South Korea: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: South Korea: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Australia: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Australia: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Indonesia: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Indonesia: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Europe: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Europe: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Germany: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Germany: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: France: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: France: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: United Kingdom: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: United Kingdom: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Italy: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Italy: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Spain: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Spain: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Russia: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Russia: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Latin America: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Latin America: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Brazil: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Brazil: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Mexico: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Mexico: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Others: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Others: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Middle East and Africa: Force Sensors Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Middle East and Africa: Force Sensors Market: Breakup by Country (in %), 2021
Figure 91: Middle East and Africa: Force Sensors Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 92: Global: Force Sensors Industry: SWOT Analysis
Figure 93: Global: Force Sensors Industry: Value Chain Analysis
Figure 94: Global: Force Sensors Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Force Sensors Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Force Sensors Market Forecast: Breakup by Sensing Technology (in Million US$), 2022-2027
Table 3: Global: Force Sensors Market Forecast: Breakup by Force Type (in Million US$), 2022-2027
Table 4: Global: Force Sensors Market Forecast: Breakup by Operation (in Million US$), 2022-2027
Table 5: Global: Force Sensors Market Forecast: Breakup by End Use (in Million US$), 2022-2027
Table 6: Global: Force Sensors Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Force Sensors Market: Competitive Structure
Table 8: Global: Force Sensors Market: Key Players

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Key Questions Answered in This Report

The global force sensors market was valued at US$ 2.42 Billion in 2021.

We expect the global force sensors market to exhibit a CAGR of 5.4% during 2022-2027.

The emerging trend of factory automation, along with the growing awareness towards high
accuracy, long-term reliability, and cost-effectiveness of force sensors, is currently driving the global
force sensors market.

The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent
lockdown regulations across several nations resulting in temporary closure of numerous end-use
industries for force sensors.

Based on the sensing technology, the global force sensors market has been divided into strain gauge,
load cell, force sensitive resistors, and others. Currently, load cell exhibits a clear dominance in the
market.

Based on the force type, the global force sensors market can be categorized into compression,
tension, and compression and tension. Among these, compression and tension force currently holds
the majority of the global market share.

Based on the operation, the global force sensors market has been segmented into analog and digital.
Currently, analog operation represents the largest market share.

Based on the end use, the global force sensors market can be bifurcated into automotive,
locomotive, manufacturing, mining, aerospace and defense, construction, healthcare, and others.
Among these, the automotive sector currently accounts for the majority of the total market share.

On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin
America, and Middle East and Africa, where Asia Pacific currently dominates the global market.

Some of the major players in the global force sensors market include ABB Ltd, Alps Electric Co. Ltd.,
FUTEK Advanced Sensor Technology Inc., Honeywell International Inc., Hottinger Brüel & Kjaer
GmbH (Spectris plc), Interlink Electronics Inc., Sensata Technologies Inc., Nextinput Inc. (Qorvo Inc.),
Sensel Inc., Synaptics Incorporated, Tangio Printed Electronics, and Tekscan Inc.

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