Force Sensor Market (By Type: Tension Force, Compression Force, Both; By Application: Industry: Oil & Gas, Automotive, Medical, Industrial, Aerospace & Defense) - Global Industry Analysis, Market Size, Opportunities and Forecast, 2018 - 2026

Pune, India -- (SBWire) -- 02/16/2019 --The global force sensor market is expected to reach the market value of around $2.09 billion by 2026 and is expected to grow at a CAGR of around 4.2% in terms of revenue during the period 2019 - 2026.

A force sensor is a sensing device that measures the amount of force applied. The different ways are available to measure force which may be mechanical or electrical by nature and also working principle of force measurement devices are extensively varying.

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There are different factors which are supposed to be considered by engineers while designing a force measurement such as accuracy, proper output range, price, and the ease of project integration provided by the signal conditioning electronics of the sensor. To measure force the major and most common means is the load cell. In the load cell, the elastic element is present to which force is applied and when the elastic element changes the shapes it indicates the force applied to the load cell.

The major key factors thriving the market is due to low manufacturing cost, growing implementation and demand in the medical devices, technological development, increase in demand for reliable products for various industrial purposes, and high growth of industrial robots. On the other hand, the factors hindering the market growth is underdeveloped aftermarket sales channels and instability in demand across various end users. Furthermore, high demand attributing the growth to low-cost surgeries offered among developing countries which lead to the increasing growth of industry in near future. The factors which drive the market growth showcase the positive impact on demand for force sensor industry by growing promotional activities initiatives by various governments, and hence driving the business growth during the projected time.

Segment Analysis

The force sensor market is segmented into type, end-use industry, and region. Segmented by type has been classified into tension force, compression force, and both. The tension and compression force segments are expected to hold the largest share during the forecast period. Force sensors measure tension and compression forces by transducers. Generally, they prefer miniature design for limited space or to measure small forces. These are of three types such as S-type force sensors, load cells with internal or external threads, and flat-sized force transducers. Furthermore, applications for these sensor types are for rope or elastic force measurement, material testing machines, etc. Moreover, tension and compression force sensors segment is driven by the factors such as an increase in adoption of sensors in the medical sector and adoption of force sensor in material testing fields. Based on end-use industry, medical and automotive industry which are crucial end-user industries for force sensors followed by machinery, and pharmaceutical & biotech industries.

Regional Outlook

Asia Pacific region is the dominating force sensor market and held a major value share during the forecast period. In this region, the manufacturing industry is contributing factor to significant growth. In terms of revenue, Asia Pacific is followed by North America and Europe. These regions are also contributing the major key factors to grow the force sensor market. The new innovation of force sensing technologies has robust growing the market in North America. Addition to this, Europe, automotive sector has foothold which drives the market of force sensor by increasing implementation of force sensing technologies. This region flourishes the quality and consistency in the automotive industry. Moreover, Japan is likely to fuel the market growth due to development in automated production capabilities. However, the developing countries such as China and India are gaining strong traction for the force sensor market during the forecast period. Latin America is expected to increase the force sensor manufacturers at a significant CAGR in terms of value.

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Key Players

Attracted by this expanding force sensor market and essential latent demand, several players are expanding their business through new product development and strategic mergers and acquisitions and partnerships with several vendors. Some of the key players operating in the global force sensor market, profiled in the report include Kistler Group, Dytran Instruments, Inc., Flintec Group AB, HITEC Sensor Developments, Inc., FUTEK Advanced Sensor Technology, Inc., Honeywell International Inc., Tekscan, Inc., Sherborne Sensors Ltd., TE Connectivity Ltd., Lorenz Messtechnik GmbH, ME-Meßsysteme GmbH, and among others.

Table Of Contents:

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Force Sensor
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Force Sensor Market By Type
1.2.2.1. Global Force Sensor Market Revenue and Growth Rate Comparison By Type (2015-2026)
1.2.2.2. Global Force Sensor Market Revenue Share By Type in 2017
1.2.2.3. Tension Force
1.2.2.4. Compression Force
1.2.2.5. Both
1.2.2.6. Others
1.2.3. Force Sensor Market By Application
1.2.3.1. Global Force Sensor Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.3.2. Global Force Sensor Market Revenue Share By Application in 2017
1.2.3.3. Industry: Oil & Gas
1.2.3.4. Automotive
1.2.3.5. Medical
1.2.3.6. Industrial
1.2.3.7. Aerospace & Defense
1.2.3.8. Others
1.2.4. Force Sensor Market by Geography
1.2.4.1. Global Force Sensor Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.4.2. North America Force Sensor Market Revenue and Growth Rate (2015-2026)
1.2.4.3. Europe Force Sensor Market Revenue and Growth Rate (2015-2026)
1.2.4.4. Asia-Pacific Force Sensor Market Revenue and Growth Rate (2015-2026)
1.2.4.5. Latin America Force Sensor Market Revenue and Growth Rate (2015-2026)
1.2.4.6. Middle East and Africa (MEA) Force Sensor Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Force Sensor Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Force Sensor Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Force Sensor Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Force Sensor Major Manufacturers in 2017

CHAPTER 4. FORCE SENSOR MARKET BY TYPE

4.1. Global Force Sensor Revenue By Type
4.2. Tension Force
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. Compression Force
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Both
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.5. Others
4.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. FORCE SENSOR MARKET BY APPLICATION

5.1. Global Force Sensor Revenue By Application
5.2. Industry: Oil & Gas
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Automotive
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Medical
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.5. Industrial
5.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.6. Aerospace & Defense
5.6.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.6.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.7. Others
5.7.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.7.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. NORTH AMERICA FORCE SENSOR MARKET BY COUNTRY

6.1. North America Force Sensor Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2. North America Force Sensor Market Revenue Share Comparison, 2015 & 2026 (%)
6.3. U.S.
6.3.1. U.S. Force Sensor Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.4. Canada
6.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
6.5. Mexico
6.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 7. EUROPE FORCE SENSOR MARKET BY COUNTRY

7.1. Europe Force Sensor Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. Europe Force Sensor Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. UK
7.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Germany
7.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. France
7.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.6. Spain
7.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.7. Rest of Europe
7.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
7.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. ASIA-PACIFIC FORCE SENSOR MARKET BY COUNTRY

8.1. Asia-Pacific Force Sensor Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Asia-Pacific Force Sensor Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. China
8.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Japan
8.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. India
8.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Australia
8.6.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. South Korea
8.7.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.8. Rest of Asia-Pacific
8.8.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
8.8.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. LATIN AMERICA FORCE SENSOR MARKET BY COUNTRY

9.1. Latin America Force Sensor Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Latin America Force Sensor Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. Brazil
9.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Argentina
9.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. Rest of Latin America
9.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. MIDDLE EAST FORCE SENSOR MARKET BY COUNTRY

10.1. Middle East Force Sensor Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Middle East Force Sensor Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Saudi Arabia
10.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. UAE
10.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Middle East
10.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. AFRICA FORCE SENSOR MARKET BY COUNTRY

11.1. Africa Force Sensor Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Africa Force Sensor Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. South Africa
11.3.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. Egypt
11.4.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Africa
11.5.1. Market Revenue and Forecast By Type, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. COMPANY PROFILE

12.1. Kistler Group
12.1.1. Company Snapshot
12.1.2. Overview
12.1.3. Financial Overview
12.1.4. Product Portfolio
12.1.5. Key Developments
12.1.6. Strategies
12.2. Dytran Instruments Inc.
12.2.1. Company Snapshot
12.2.2. Overview
12.2.3. Financial Overview
12.2.4. Product Portfolio
12.2.5. Key Developments
12.2.6. Strategies
12.3. Flintec Group AB
12.3.1. Company Snapshot
12.3.2. Overview
12.3.3. Financial Overview
12.3.4. Product Portfolio
12.3.5. Key Developments
12.3.6. Strategies
12.4. HITEC Sensor Developments Inc.
12.4.1. Company Snapshot
12.4.2. Overview
12.4.3. Financial Overview
12.4.4. Product Portfolio
12.4.5. Key Developments
12.4.6. Strategies
12.5. FUTEK Advanced Sensor Technology Inc.
12.5.1. Company Snapshot
12.5.2. Overview
12.5.3. Financial Overview
12.5.4. Product Portfolio
12.5.5. Key Developments
12.5.6. Strategies
12.6. Honeywell International Inc.
12.6.1. Company Snapshot
12.6.2. Overview
12.6.3. Financial Overview
12.6.4. Product Portfolio
12.6.5. Key Developments
12.6.6. Strategies
12.7. Tekscan Inc.
12.7.1. Company Snapshot
12.7.2. Overview
12.7.3. Financial Overview
12.7.4. Product Portfolio
12.7.5. Key Developments
12.7.6. Strategies
12.8. Sherborne Sensors Ltd.
12.8.1. Company Snapshot
12.8.2. Overview
12.8.3. Financial Overview
12.8.4. Product Portfolio
12.8.5. Key Developments
12.8.6. Strategies
12.9. TE Connectivity Ltd.
12.9.1. Company Snapshot
12.9.2. Overview
12.9.3. Financial Overview
12.9.4. Product Portfolio
12.9.5. Key Developments
12.9.6. Strategies
12.10. Lorenz Messtechnik GmbH
12.10.1. Company Snapshot
12.10.2. Overview
12.10.3. Financial Overview
12.10.4. Product Portfolio
12.10.5. Key Developments
12.10.6. Strategies
12.11. ME-Meßsysteme GmbH
12.11.1. Company Snapshot
12.11.2. Overview
12.11.3. Financial Overview
12.11.4. Product Portfolio
12.11.5. Key Developments
12.11.6. Strategies
12.12. Others
12.12.1. Company Snapshot
12.12.2. Overview
12.12.3. Financial Overview
12.12.4. Product Portfolio
12.12.5. Key Developments
12.12.6. Strategies

CHAPTER 13. RESEARCH APPROACH

13.1. Research Methodology
13.1.1. Initial Data Search
13.1.2. Secondary Research
13.1.3. Primary Research
13.2. Assumptions and Scope

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