Market Overview
A force sensor is a device that measures the amount of force applied. There are many ways to measure force which may be mechanical or electrical by nature. Force measurement devices are significantly varying in working principles.Force sensors themselves are adaptable for many other types of measurements, such as pressure, mass, weight, and torque. They are capable of operating over a wide temperature range when used with proper temperature compensation. Force sensors have a wide range of applications such as in touch screen mobiles and the automotive industry. 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. Piezoelectric force sensors are expected to hold a major share of 39% in the force sensor market, by technology, during the forecast period. Piezoelectric type is growing at a fast pace owing to its use in touch pads of mobile phones and to monitor combustion in internal combustion engines. Automotive segment has a significant share of 27% as these are essential components in the automotive electric control system including oil pressure sensing, tire pressure monitoring and engine management system. Stringent government regulations for emissions monitoring has further enhanced its usage. Technological advancement, low manufacturing cost, increasing product demand, rise in the demand of industrial robots, advancement of medical devices with force sensing technology, innovations and development in the manufacturing are the few factors encouraging the growth of the global force sensor market. On the other hand, factors which are restraining the global force sensor market are instability in the demand across various end-user industries and underdeveloped aftermarket sales channels.
Market Dynamics
Drivers
- Rise of the automotive industry
- Increasing industrial automation
Restraints
- Difficulty in miniaturization of sensors can restrict the growth
Rise of the automotive industry
“The global force sensors market growth is primarily driven by the growing use of force sensors in the automotive industry.”
The use of force sensors for monitoring internal combustion engines, sensing tire pressure and others is increasing due to the stringent government regulation for the emission. The growing production of passenger cars is directly impacting the force sensors market. In addition, vehicle production is increasing owing to the rising demand for comfort, rise in penetration and demand for ADAS equipped vehicles, government norms regarding pollution & steps taken to implement electric vehicles, and increase in demand for vehicle comfort. Therefore, rise in number popularity and increase in sales of EV is expected to drive the market over the forecast period. 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.
Why North America Holds Strong Demand In The Force Sensors Market?
North America holds a strong demand for force sensors due to it has large manufacturing industries like automotive, oil and gas, consumer electronics and military and defense industries. The United States is one of the largest manufacturers of automotive, electronics, etc. and holds a significant position globally. As per OICA, automotive production decreased between April-June 2020 as compared to April-June 2019 in all the 3 countries in the region. In the North America region, Canada witnessed a downfall by -44.3% in the same quarter which are the worst figures for any country in the region followed by Mexico -40.5% and United States -38.4%. The whole North America region witnessed -39.6% downfall although between January-March 2020 the production decreased by only -11.1% as compared to January-March 2019. In October 2020, Massachusetts Institute of Technology (MIT) researchers developed a wearable, skin-like sensor which can measure tiny facial movements and could help in amyotrophic lateral sclerosis (ALS) patients. The device can replace existing high cost equipment which is used in speaking for patients with ALS. The new sensor will be fitted with piezoelectric sensors which detect deformations in the skin and convert these into a measurable voltage. In September 2020, Cambridge University researchers developed a piezoelectric MEMS sensor which can detect soot nanoparticles. The sensor can detect and determine particles mass and hence can give insights on types of pollutant present
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