An Incisive, In-depth Analysis on the Sensors Market
This study offers a comprehensive, 360 degree analysis on the Sensors market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Sensors market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Key Factors Shaping Force Sensor Market
Rising Demand for Force Sensors in Aerospace & Defense Industry
Force sensors are used for weight measurement, active side stick force sensing, to support new aircraft and spacecraft hardware designs, assembly, testing, and control. Increasing adoption of force sensors for monitoring pilot input forces for flight data recording along with applications in landing gear drop tests, landing gear shear pin tests, pedal force tests, and sample and material tests. The need for aircraft structural tests as well as rocket structural tests in the aerospace and defense industry is thus propelling the growth of the force sensor market.
New Applications in Laser Welding and Electro-mechanical Actuators
Force sensors are used to detect force and torque applied in power plants and industry applications. They provide precise and reliable force sensing performance in a compact commercial-grade package. Force sensors are simple and easy-to-integrate and also offer different features such as precision force sensing, fast response time, and low repeatability errors. The reliability of such features drives the growth of the force sensors market. The need for dynamic fatigue and static fatigue tests in laser welding applications are boosting the demand for force sensors as force sensors help measure force in electro-mechanical actuators and monitor force brakes.
Heightened Demand for Force Sensors Per Vehicle
Sensors are essential components of various automotive electronic control systems, including tire pressure monitoring systems (TPMS), engine management systems (MAP/BAP) and oil pressure sensing (OPS). The demand for force sensors per vehicle is high due to changing government regulations on emissions monitoring and braking systems, rising fuel efficiency standards, and increasing focus on deploying advanced sensing solutions to enhance user experience. Additionally, force sensors are also used in the automobile sector to monitor centripetal force during turns to improve drivers’ safety. Such factors are expected to accelerate the demand for force sensors from the automotive industry on a global scale.
Opportunities Abound in Asia Pacific
The force sensor market providers are focusing on increasing their business opportunities across countries in the Asia Pacific region such as China, South Korea, and India, due to rising expenditure for military and defence applications and huge industrial and manufacturing sector. All these factors are supporting the increasing demand for force sensors.
Force Sensor Market Structure Analysis
- The global force sensor market represents a fairly consolidated competition landscape, where prominent key players focus on the development of robotic, medical, and surface mount technologies in force sensor devices, joint ventures, and wide distribution networks.
- Majority of the key players in the global force sensor market are strategically focusing on new product innovation, mergers & acquisitions, and strategic partnerships, and collaborations to target a strong global footprint. Tier-1 force sensor providers account for ~30% of the overall market.
- Key participants such as Sensata Technologies, Inc., TE Connectivity Corporation, Honeywell International Inc., NXP Semiconductors N.V. and ATI Industrial Automation, Inc. are among the largest and most experienced companies in the force sensor market, with a significant regional coverage across the globe.
Force Sensor Market Analysis 2019 - 2029
A recent market study published by FMI on the force sensor market includes a global end user analysis for 2014 - 2018 and opportunity assessment for 2019 - 2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting a thorough research on the historical as well as current growth parameters, growth prospects of the market are obtained with maximum precision.
Force Sensor Market: Segmentation
The global force sensor market is segmented in detail to cover every aspect of the market and present a complete market intelligence approach to readers.
Chapter 01 – Executive Summary
The report begins with the executive summary of the force sensor market, which includes a summary of key findings and statistics of the market. It also includes the demand and supply-side trends pertaining to the market.
Chapter 02 – Market Overview
Readers can find the definition and detailed taxonomy of the force sensor market in this chapter, which will help them understand the basic information about the market. Along with this, comprehensive information pertaining to force sensor and its properties are provided in this section. This section also highlights the inclusions and exclusions, which help readers understand the scope of the force sensor market report.
Chapter 03 – Key Market Trends
The force sensor market report provides key market trends that are expected to significantly impact market growth during the forecast period. Detailed end user trends are also provided in this section.
Chapter 04 – Key Success Factors
This section includes several factors that have emerged as key successful factors, and strategies adopted by key market participants.
Chapter 05 – Global Force Sensor Market Demand Analysis 2014-2018 and Opportunity Assessment 2019-2029
This section explains the global market value analysis and forecast for the force sensor market during the forecast period of 2019-2029. It includes a detailed analysis of the historical force sensor market, along with an opportunity analysis of the future. Readers can also find the absolute $ opportunity for the current year (2019), and an incremental $ opportunity for the forecast period (2019–2029). Along with this, the pricing analysis of the force sensor market at the regional level has also been provided in this section.
Chapter 06 – Market Background
This chapter explains the key macroeconomic factors that are expected to influence the growth of the force sensor market over the forecast period. Along with macroeconomic factors, this section also highlights the supply chain, forecast factors, and value chain analysis of the force sensor market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided in the successive section.
Chapter 07 – Global Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Product Type
Based on product type, the force sensor market is segmented into load cell, capacitive, piezo-resistive, piezo-electric, others (optical). In this chapter, readers can find information about key trends and developments in the force sensor market and market attractiveness analysis based on product type.
Chapter 08 – Global Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Application
This chapter provides various details about the force sensor market based on application, and has been classified into monitoring & control and test & measurement. In this chapter, readers can understand the market attractiveness analysis based on application.
Chapter 09 – Global Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by End-user
This chapter provides various details about the force sensor market based on end user, and has been classified into automotive, medical & healthcare, consumer electronics, clothing & textile, food & beverage, manufacturing, aerospace & defence, oil & gas, construction, agriculture, others. In this chapter, readers can understand the market attractiveness analysis based on end user.
Chapter 10 – Global Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029 by Region
This chapter explains how the force sensor market is anticipated to grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, APEJ (Asia-Pacific excluding Japan), Japan, and the Middle East & Africa.
Chapter 11 – North America Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter includes a detailed analysis on the growth of the North America force sensor market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the pricing analysis, regional trends, and market growth based on product type, application, end user, and countries in North America.
Chapter 12 – Latin America Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the force sensor market in Latin American countries such as Brazil, Mexico, and the rest of Latin America. Along with this, assessment of the market across target segments has also been provided.
Chapter 13 – Western Europe Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
Important growth prospects of the force sensor market in several countries such as Germany, UK, France, Spain, Italy, BENELUX, and the rest of Western Europe are included in this chapter.
Chapter 14 – Eastern Europe Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides the growth scenario of the force sensor market in Eastern Europe countries such as Russia, Poland, and the rest of Eastern Europe.
Chapter 15 – Asia Pacific Excluding Japan Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter highlights the growth of the force sensor market in the APEJ region by focusing on China, India, ASEAN, Australia, New Zealand, and the rest of APEJ. This section also help readers understand key factors that are responsible for the growth of the force sensor market in the APEJ region.
Chapter 16 – Japan Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This section also help readers understand key factors that are responsible for the growth of the force sensor market in Japan.
Chapter 17 – MEA Force Sensor Market Analysis 2014-2018 and Opportunity Assessment 2019-2029
This chapter provides information about how the force sensor market is anticipated to grow in major countries in the MEA region, such as GCC countries, South Africa, North Africa, Turkey, and the rest of MEA, during the forecast period of 2019-2029.
Chapter 18 – Market Structure Analysis
In this chapter, readers can find detailed information about the tier analysis and market concentration of key players in the force sensor market, along with their market presence analysis by region and product portfolio.
Chapter 19 – Competition Analysis
In this chapter, readers can find a comprehensive list of all the prominent stakeholders in the force sensor market, along with the detailed information about each company. This includes the company overview, revenue shares, strategic overview, and recent company developments. Some of the market players featured in the report are Sensata Technologies, Inc., TE Connectivity Corporation, Honeywell International Inc., NXP Semiconductors N.V., ATI Industrial Automation, Inc., General Electric Co., WIKA Group, Flintec, among others.
Chapter 20 – Assumptions and Acronyms
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the force sensor market report.
Chapter 21 – Research Methodology
This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the force sensor market.
Sources and Primary Research Splits (%)
- C - Level Executives
- Marketing Directors
- Sales Heads
- Sales Executives
- Technical Advisors
- Force Sensor Providers
- End-user Experts
- End Users
- Current Market Dynamics and Challenges
- Market Characteristics
- Market Performance and Growth Quadrants
- Competition Structure and Market Structure
- Strategic Growth Initiatives
- Near Term and Long Term Market Growth Prospects
- Market Segment Splits and Authenticity
- Opinions on Market Projections and Validity of Assumptions
- Company White Papers
- Annual Reports and Investor Presentations
- Research Papers
- Company Press Release
- Government Websites and Publications