Connect with us
Finance Digest is a leading online platform for finance and business news, providing insights on banking, finance, technology, investing,trading, insurance, fintech, and more. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Research Reports

Force Sensors Market will thrive at a CAGR of over 5% 

Published On :

 

 

As indicated by a new study of Future Market Insights (FMI), the global force sensor market will thrive at a CAGR of over 5% during the forecast period (2019-2029). Increasing healthcare expenditure, extensive R&D activities, and increasing number of sensors per vehicle will remain among the prominent boosters to the growth of force sensor market.

A force sensor plays an integral role in industrial automation industry. With increasing penetration of robotics, there has been increased adoption of an integrated miniature version of force sensors. Significant adoption of force sensors for robotic applications such as deburring, grinding, and drilling will continue to account for substantial revenue generation in the global force sensor market. The adoption has also been remarkable in robotic medical systems.

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

Click the link to get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-272  

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.

Key Takeaways – Force Sensor Market Study

  • Automotive and medical & healthcare industries would remain key end users of force sensors. These two verticals currently account for a collective market share of nearly 40%.
  • Rising demand for portable medical devices and assist machines for emergency medical treatment is likely to push the adoption of force sensors by healthcare industry at a higher rate.
  • In-house development of paper force sensors for musical applications is expected to create new growth opportunities in force sensor market.
  • The capacitive force sensor will continue to lead the way in force sensor market throughout the projection period.

Medical & Healthcare Industry Turning into a Hub of Opportunity

Growing emphasis on improving the quality of healthcare services offer significant opportunities to force-sensing technology developers. Increasing demand for force sensor in various healthcare applications such as infusion pumps, patient weight monitoring systems, physical therapy, surgical staple guns, and oxygen tank monitoring are expected to create new and lucrative opportunities for manufacturers in the force sensor market. However, long regulatory approval processes and counterfeit semiconductor components are major challenges that may hamper the growth of the force sensor market.

Ask An Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-272

Product Innovation to Remain Key Strategy

Key vendors focusing on force sensor platforms are strategizing to develop and innovate new products related to intelligent force measuring technology in order to achieve full global coverage and offer precise global force measurement services.

  • In September 2019, Haehne GmbH launched intelligent force measuring technology with IO-Link. This IO-Link interface for force tension sensors is used for force measurement 4.0. The IO-Link from HAEHNE is a global data interface with intelligent two-side communication for data transmission among the plant control systems and the force measurement sensors in the field.

Applications of Force Sensor Technology in Musical Industry

The market scenario is expected to change in the foreseeable future after the introduction of advanced and cost-effective force sensors and sensing solutions for the musical industry. Manufacturers are also focusing on offering force sensor products for various applications such as electronic drum triggers, keyboard after touch, foot pedal controllers, programmable mixed arrays, and interactive dance floors. These factors are creating potential growth opportunities for developers and providers of force sensors.

Force Sensor Market: Segmentation

Product

  • Load Cell
  • Capacitive
  • Piezo-resistive
  • Piezo-electric
  • Others(Optical)

Application

  • Monitoring & Control
  • Test & Measurement

End User

  • Automotive
  • Medical & Healthcare
  • Consumer Electronics
  • Clothing & Textile
  • Food & Beverage
  • Manufacturing
  • Aerospace & Defence
  • Oil & Gas
  • Construction
  • Agriculture
  • Others

Region

  • North America
  • Latin America
  • Western Europe
  • Eastern Europe
  • Asia Pacific
  • Excluding Japan
    • Japan
    • Middle East & Africa

Buy Complete Report @ https://www.futuremarketinsights.com/checkout/272

Related Reports:

Intelligent Enterprise Data Capture Software MarketThe global intelligent enterprise data capture software market is estimated at US$ 9 Bn in 2022, and is projected to close in on a valuation of US$ 21.1 Bn by 2029, expanding at a CAGR of 12.9% from 2022 to 2029.

Electronic Lab Notebook (ELN) Software MarketThe electronic lab notebook (ELN) market revenue totaled ~US$ 421.0 Mn in 2021. The electronic lab notebook (ELN) market is projected to reach ~US$ 1,180.3 Mn by 2029, growing at a CAGR of 13.9% for 2022 – 2029.

Contact Us:                                                      

Future Market Insights
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
For Media Enquiries: press@futuremarketinsights.com
Website: https://www.futuremarketinsights.com

 

Continue Reading

Why pay for news and opinions when you can get them for free?

       Subscribe for free now!


By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Recent Posts