Force Sensor Trends and Forecast
The future of the global force sensor market looks promising with opportunities in the automotive, aerospace & defense, healthcare, industrial, and electronic markets. The global force sensor market is expected to reach an estimated $5.9 billion by 2030 with a CAGR of 5.2% from 2024 to 2030. The major drivers for this market are increasing industrial automation, improvement of medical devices with force sensor technology, and advancement and implementation in the industrial sectors.
• Lucintel forecasts that, within the sensor type, piezoelectric force sensors will remain the highest growing segment over the forecast period due to their use in touch pads of mobile phones and to monitor combustion in internal combustion engines.
• Within the end use category, industrial will remain the largest segment over the forecast period due to the rise in the adoption of robotics in industrial applications.
• In terms of regions, APAC will remain the largest region over the forecast period due to the high manufacturing base in China and India.
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Emerging Trends in the Force Sensor Market
The force sensor market has recently undergone swift transformations due to new developments in technology and the changing needs of various industries. For instance, the integration of sensors into autonomous systems, with a focus on miniaturization, has been witnessed in the automotive, healthcare, and manufacturing industries. Key emerging trends include smart sensing technologies, collaborative robotics, the growing healthcare economy, the increasing number of vehicles with electric engines, and sensor miniaturization.
• Smart Sensing Technologies: Smart sensing technologies remain a prominent trend in the force sensor market. These sensors are integrated with solar system analytics and IoT advancements, enabling the collection of data in real-time. They help streamline the operations of automated systems. These non-visual smart sensors can now be found in the automotive sector and industrial automation, where they enhance precision, safety, and performance. This indicates that sensors with more intelligence and connectivity are emerging.
• Collaborative Robotics (Cobots): The rise of cobots (collaborative robots) is driving the demand for force sensors. Designed to operate in close proximity to humans, cobots require force sensors for safety and accuracy. These robots are becoming popular in manufacturing, healthcare, and logistics as they bring in automated systems that are both flexible and cost-effective. Cobots use force sensors to sense their environment and detect forces applied to them, improving workplace safety and efficiency.
• Healthcare Expansion: The healthcare industry has seen an increase in the use of force sensors, particularly in surgical robotics, wearable devices, and diagnostic tools. Force sensors are crucial in robotic-assisted surgical procedures, especially when precision is required. Furthermore, the demand for advanced wearable devices that track vital parameters and monitor patients is driving the growth of force sensors, particularly in telehealth and telemedicine.
• Electric Vehicles (EVs): The growing application of electric vehicles (EVs) is creating significant opportunities for force sensors in automotive systems. For example, force sensors are used in position tracking systems to save power and enhance vehicle safety. However, challenges exist, such as global disruptions in production, particularly in Asia and the US, which spur advancements in force sensing technologies in critical areas such as braking, suspension, and electric vehicle battery systems.
• Sensor Miniaturization: The miniaturization of force sensors is becoming increasingly important, particularly in the medical industry, where they are used in wearable devices and laparoscopic surgical instruments. Miniaturization is also driving the development of lightweight, portable, and precise sensing technologies used in aerospace, defense, and consumer electronics.
These changes are enabling the implementation of new technological advancements across various markets, making processes more logical and efficient. The development of housing systems and improvements in EV safety are part of the ongoing efforts to maximize the potential of force sensors.
Recent Developments in the Force Sensor Market
The force sensor market has experienced a number of developments across geographical regions, product types, and new applications in various industries. These advancements are not only fueling market growth but also providing new functionalities for force sensors in critical sectors such as automotive, healthcare, and robotics. The following five aspects represent the changes currently taking place in the market.
• Integration in Electric Vehicles: The widespread adoption of force sensors is enhancing various aspects of electric vehicle systems, including battery health management, energy efficiency, and improvements in braking and collision avoidance systems. This development is significant as the automotive sector transitions to electrification, requiring force sensors to support the performance and safety of electric powertrains.
• Growth of Industrial Automation: Industrial automation has increasingly adopted force sensors to improve control over machinery and robots. Recent improvements include their integration into robotic arms, CNCs, and assembly lines, enhancing the efficiency and accuracy of manufacturing processes. This growth contributes to the broader trend of productivity improvement through automation.
• Improvement of Medical Robotics: Medical robots that assist in surgery, diagnostics, and rehabilitation use force sensors for operation. These pressure and force sensors allow for safer and more precise procedures. Advances in these sectors are increasing the application of such sensors in the medical field, particularly in robotic surgeries where precision is essential.
• Growth in Consumer Electronics: The demand for smaller, more accurate force sensors in consumer electronics has surged. Recently, force sensors have been incorporated into products such as smartphones, wearable devices, and gaming systems. This growth is driving the development of more responsive and intuitive technology that enhances consumer interaction.
• Breakthrough in Material Science: The use of advanced materials, particularly flexible and elastic ones, in the design of force sensors has led to new applications in wearable gadgets and pliable electronics. Force sensors can now be integrated into garments, prostheses, and soft robots, expanding their use in medical and consumer markets.
These developments are enhancing the performance of force sensors across various industries and driving market growth.
Strategic Growth Opportunities for Force Sensor Market
Strategic growth opportunities for the force sensor market are emerging in functional areas, driven by technological advancements and increasing industry demand. From vehicles to healthcare equipment, force sensors are crucial in improving process effectiveness, security, and accuracy. The following are five opportunities that are expected to disrupt the force sensor market by application category.
• Autonomous Driving Systems: Force sensors play a crucial role in the development of autonomous driving systems by providing vital information for collision detection, braking, and suspension systems. As the world moves toward self-driving cars, the demand for force sensors is increasing. This growth opportunity is significant, as it enhances the safety and efficiency of vehicles, especially autonomous ones.
• Industrial Robotics: In industrial robotics, force sensors are beneficial for motion control in robotic arms and robotic process automation systems. The advent of smart factories and Industry 4.0 strategies has increased the demand for precision sensors. This strategic opportunity supports advancements in automation and robotics, enabling better and more flexible manufacturing methods.
• Wearable Medical Devices: The healthcare market is experiencing an upsurge in demand for wearable medical devices, where force sensors are used to track vital parameters, monitor patient movements, and assess physical activities. This growth opportunity is significant, given the rapid expansion of telemedicine and remote care markets, which are shifting toward real-time health monitoring.
• Consumer Electronics: Electronics Devices and IoT Solutions: There is a notable opportunity in the consumer electronics market for force sensors, particularly in smartphones, wearables, and IoT devices. This trend is fueling the production of smaller sensors that can be integrated into gadgets, making user interfaces more interactive and enhancing the personal technology market.
• Apply Sensors in Aerospace and National Defense: Force sensors are also emerging in the aerospace and defense sectors, where technology and efficiency are paramount. These sensors are used in aircraft, drone, and defense systems to perform structural health monitoring, ensuring safety. This growth opportunity is vital, as the aerospace sector is aggressively developing new technologies.
These strategic growth opportunities demonstrate how industries are embracing force sensor applications, driving market growth.
Force Sensor Market Driver and Challenges
Technological, economic, and regulatory factors provide both drivers and challenges to the force sensor market. The main drivers include the growing demand for precision in automation, medical innovations, and electric vehicle development. However, the market also faces challenges such as cost, sensor longevity, and regulatory compliance. These factors influence the pace of market expansion.
The factors driving the force sensor market include:
• Rising Demand for Industrial Automation: The implementation of force sensors in industrial automation is gaining momentum. The trend toward industrial automation supports the force sensor market, as industries aim to maximize speed and accuracy. The rise of smart factories connected to Industry 4.0 is further accelerating the growth of automation, making it a key driver of market expansion.
• Growth of Healthcare Technologies: The rise of robotic procedures, medical technologies, and diagnostics has increased the need for force sensors in healthcare. These sensors measure pressure and force, aiding in monitoring and interventions. Technological advances in healthcare require force sensors to optimize care.
• Growth of Electric Vehicles (EVs): The growing trend of electric vehicles (EVs) is driving the demand for force sensors, particularly for battery management, brake refinement, and vehicle safety. The electric push in the automotive industry has made force sensors essential for the effective and safe operation of electric vehicles.
• Robotics and Automation in Consumer Electronics: The use of force sensors in consumer electronics is growing, with applications in smartphones and gaming consoles. This trend is revolutionizing personal technology, broadening the use of force sensors in consumer devices.
• Advancements in Miniaturization: The miniaturization of force sensors is enhancing their application in small medical devices, wearables, and bendable electronics. This trend is driving growth in industries where size and precision are crucial, such as medical and consumer electronics.
Challenges in the force sensor market include:
• Advanced Sensors – The Challenge of Cost: One major challenge is the high cost of advanced force sensors. While innovation is progressing, the development and integration of these sensors are often costly, limiting their use to markets that can afford them.
• Sensor Durability and Reliability: Force sensors, especially those used in industrial and medical applications, face challenges regarding durability and reliability. These sensors are often exposed to extreme conditions, making it difficult to maintain their accuracy and functionality over time. This limitation affects their application in certain environments.
• Regulatory Compliance: Regulatory compliance is a significant challenge for the force sensor market, especially in industries like healthcare and automotive. Adhering to safety and quality standards is crucial but can delay the acceptance of new sensor technologies. Regulatory compliance remains a key concern for manufacturers.
Decision-making in the force sensor market is influenced by both drivers and challenges. Technological advancements and industry demand are fueling growth, but issues like regulatory compliance and cost must be addressed for the market to reach its full potential.
List of Force Sensor Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. Through these strategies force sensor companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the force sensor companies profiled in this report include-
• Spectris
• HONEYWELL
• TE Connectivity
• Sensata Technologies
• Infineon Technologies
• Texas Instruments
• ABB
• Siemens
• Gefran
• Vishay Precision Group
Force Sensor by Segment
The study includes a forecast for the global force sensor by sensor type, measuring system, end use industry, and region.
Force Sensor Market by Sensor Type [Analysis by Value from 2018 to 2030]:
• Piezoelectric Force Sensors
• Strain Gauges
• Load Cells
• Capacitive Force Sensors
• Magnetoelastic Force Sensors
• Others
Force Sensor Market by Measuring System [Analysis by Value from 2018 to 2030]:
• Hydraulic
• Pneumatic
• Elastic Devices
• Vibrating Elements
• Others
Force Sensor Market by End Use Industry [Analysis by Value from 2018 to 2030]:
• Automotive
• Aerospace & Defense
• Industrial
• Healthcare
• Electronics
• Others
Force Sensor Market by Region [Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
Country Wise Outlook for the Force Sensor Market
The global force sensor market is expected to expand significantly across several regions. Asia-Pacific, North America, Europe, and the Rest of the World (RoW) have distinct prospects based on industrial activity, technological advances, and economic conditions.
• North America: The North American market, driven by the US, is expected to lead the force sensor market. Factors such as the growing demand for electric vehicles, the expansion of industrial automation, and the development of medical robotics contribute to this growth.
• Europe: Europe is also a significant region for force sensor growth, particularly in automotive technologies and industrial automation. The demand for electric vehicles and advancements in healthcare robotics contribute to the regionÄX%$%Xs expanding force sensor market.
• Asia-Pacific: The Asia-Pacific region, particularly China and India, represents a rapidly growing market for force sensors. Industrial automation and technological advancements in automotive, healthcare, and consumer electronics are the key drivers in this region.
• Rest of the World (RoW): The RoW market, encompassing regions such as the Middle East, Latin America, and Africa, is expected to grow as industrialization spreads across these areas. Investment in automotive and healthcare systems is contributing to the regionÄX%$%Xs adoption of force sensors.
Features of the Global Force Sensor Market
Market Size Estimates: Force sensor market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Force sensor market size by sensor type, measuring system, end use industry, and region in terms of value ($B).
Regional Analysis: Force sensor market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different sensor types, measuring systems, end use industries, and regions for the force sensor market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the force sensor market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
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FAQ
Q.1 What is the force sensor market size?
Answer: The global force sensor market is expected to reach an estimated $5.9 billion by 2030.
Q.2 What is the growth forecast for force sensor market?
Answer: The global force sensor market is expected to grow with a CAGR of 5.2% from 2024 to 2030.
Q.3 What are the major drivers influencing the growth of the force sensor market?
Answer: The major drivers for this market are increasing industrial automation, improvement of medical devices with force sensor technology, and advancement and implementation in the industrial sectors.
Q4. What are the major segments for force sensor market?
Answer: The future of the force sensor market looks promising with opportunities in the automotive, aerospace & defense, healthcare, industrial, and electronic markets.
Q5. Who are the key force sensor market companies?
Answer: Some of the key force sensor companies are as follows:
• Spectris
• HONEYWELL
• TE Connectivity
• Sensata Technologies
• Infineon Technologies
• Texas Instruments
• ABB
• Siemens
• Gefran
• Vishay Precision Group
Q6. Which force sensor market segment will be the largest in future?
Answer: Lucintel forecasts that piezoelectric force sensors will remain the highest growing segment over the forecast period due to its use in touch pads of mobile phones and to monitor combustion in internal combustion engines.
Q7. In force sensor market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest region over the forecast period due to high manufacturing base in China and India.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the force sensor market by sensor type (piezoelectric force sensors, strain gauges, load cells, capacitive force sensors, magnetoelastic force sensors, and others), measuring system (hydraulic, pneumatic, elastic devices, vibrating elements, and others), end use industry (automotive, aerospace & defense, industrial, healthcare, electronics, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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