Force Sensor Market Grows On Back of Flourishing Robotics Industry, Says FMI

VALLEY COTTAGE, N.Y. – Robotics have been transforming the industrial landscape in recent years. Driven by rising prominence of robotics, the worldwide market for force sensors has been growing at a healthy pace. Although automotive sector is predominant employer of force sensors, increasing expenditure in healthcare, aerospace, and defense verticals are reflecting potential avenues. Further, manufacturers are tapping white spaces in musical industry for applications in foot pedal controllers, electronic drum triggers, and interactive dance floors.

Market players are targeting Asia Pacific excluding Japan (APEJ) for lucrative prospects, owing to increasing military and defense expenditure as well as growing industrial and manufacturing industry in China, South Korea, and India. As per FMI’s recent business study, global force sensor market is projected to grow at a promising CAGR of ~5% over forecast period (2019-2029).

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Medical & Healthcare and Automotive Sectors Remain Key Adopters

FMI reveals that automotive and medical & healthcare sectors offer plethora of opportunities, collectively holding 2/5th market share. Increasing emphasis on improving quality of healthcare facilities are grabbing attention of force sensors manufacturers. Healthcare vertical is leveraging force sensors for diverse applications, including infusion pumps, patient weight monitoring systems, and physical therapy. In addition, demand for portable medical instruments and assist machines for emergency treatment are paving way for force sensors. However, penetration of force sensors in medical & healthcare sector is hindered by slow uptake regulatory bodies, and counterfeiting of semiconductor parts.

Force sensors are vital components of automotive electronic control systems, such as tire pressure monitoring systems (TPMS), engine management systems (MAP/BAP) and oil pressure sensing (OPS). Influenced by fuel efficiency norms, demand for force sensors per vehicle is increasing. Further, force sensors aid in enhancing driving experience by monitoring centripetal force during turns.

Preview Analysis of 2019 Analysis and Review of Force Sensor Market by Product – Load Cell, Capacitive, Piezo-resistive, and Piezo-electric for 2019 – 2029:

Capacitive Force Sensors Maintain their Primacy

Capacitive force sensors remain highly preferred owing to robust mechanical properties, opines FMI. As no DC current flows via them, capacitive force sensors consume relatively lower power. Capacitive force sensors can be used over wide temperature range and are highly insensitive to short-term overpressure conditions, making them suitable for harsh settings. While capacitive force sensors are basically AC devices, they are ideal for wireless applications.

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Analysts at FMI suggest that “Various industries are widely accepting force sensor technology to improve workforce efficacy, primarily owing to surging penetration of robotics. Although automotive and healthcare sectors have been major adopters of force sensors, the musical industry is reflecting worthwhile opportunities.”

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