Force Sensor Market 2025 Trends : Predicted To Grow At A CAGR Of 5.30% By 2027, Report
Drivers, restraints, and opportunities
Rise in safety regulations and rapid increase in adoption of advanced driver assistance systems (ADAS) drive the global force sensor market. In addition, the growing AI and IoT technology and high demand from APAC region further fuel the growth of the market. However, instability in the demand across various end-user industry hinders the market growth. On the other hand, increase in automotive sales and rise in production of vehicles across the world create new opportunities in the coming years.
Download Sample Report:
The analog segment to continue its leadership status throughout the forecast period
Based on operation, the analog segment contributed to the highest market share, accounting for more than half of the global force sensor market in 2019, and will continue its leadership status throughout the forecast period. This is due to high demand of analog force sensors from automobiles, robotics, and industrial fabrications. However, the digital segment is expected to manifest the fastest CAGR of 5.3% from 2020 to 2027, owing to the significant growth of manufacturing, automotive, food & beverages, consumer electronics, & bulk material handling industries in developing economies.
The load cell segment to maintain its lead position during the forecast period
Based on technology, the load cell segment accounted for the largest share in 2019, holding nearly one-third of the global force sensor market, and is projected to maintain its lead position during the forecast period. In addition, the same segment is expected to witness the fastest CAGR of 6.7% from 2020 to 2027. This is attributed to rising demand of load cells type force sensor in manufacturing & industrial application.
Asia-Pacific, followed by North America, to dominate the market throughout the forecast period-
Based on region, Asia-Pacific, followed by North America held the largest share in terms of revenue in 2019, accounting for nearly half of the global force sensor market, and will maintain its dominance in terms of revenue by 2027. In addition, the region is projected to witness the fastest CAGR of 6.3% during the forecast period. This is attributed to increase in the technological advancements and rise in the automotive standards in developing countries such as India, China, and Indonesia.
Enquire For More:
Leading market players
Sensata Technologies Inc.
Siemens AG
Vishay Precision Group
ABB Ltd.
Futek Advanced Sensor Technology Inc.
Hottinger Baldwin Messtechnik (HBM) GmbH
TE Connectivity Ltd.
Honeywell International Inc.
ATI Industrial Automation Inc.
Tekscan Inc.
Key Findings of the Study
In 2019, analog force sensor accounted for the maximum revenue, and is projected to grow at a notable CAGR of 3.8% during the forecast period.
North America and APAC collectively accounted for more than 58% of the force sensor market share in 2019.
China is anticipated to witness highest growth rate during the global force sensor market forecast.
Key Benefits For Stakeholders
This study comprises analytical depiction of the global force sensor market along with the current trends and future estimations to depict the imminent investment pockets.
The overall force sensor market analysis is determined to understand the profitable trends to gain a stronger foothold.
The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
The current force sensor market forecast is quantitatively analyzed from 2019 to 2027 to benchmark the financial competency.
Porter's five forces analysis illustrates the potency of the buyers and the force sensor market of key vendors.
The report includes the market trends and the market share of key vendors.
Have a Look at Related Research Reports in the Semiconductor-and-Electronics Domain:
LiDAR Market
Automotive LiDAR Sensors Market
Solid State RADAR Market
Asia-Pacific LiDAR Market
David Correa
Allied Market Research
+ + + +1 800-792-5285
email us here
Visit us on social media:
LinkedIn
Facebook
YouTube
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.
Most popular stories
Market Research

- Zebu Live 2025 Welcomes Coinbase, Solana, And Other Leaders Together For UK's Biggest Web3 Summit
- Yield Basis Nears Mainnet Launch As Curve DAO Votes On Crvusd Proposal
- Blueberry Launches A Bold New Brand Platform
- Stonehaven Circle Marks 13Th Anniversary With Hadrian Colwyn Leading Calvio Ailegacyx Innovation
- R0AR Launches Buyback Vault: Bringing 1R0R To R0AR Chain Unlocks New Incentives
- Moonbirds And Azuki IP Coming To Verse8 As AI-Native Game Platform Integrates With Story
Comments
No comment