Wilmington, May 5, 2021: Axiom Market Research & Consulting™ added a report on global force sensors market which includes study on type and application across various countries of key regions across the globe. The global force sensors market was projected to grow at a CAGR of 4.81% for the forecast period 2021 to 2027. The global market is estimated and forecasted in terms of revenue (USD Million) generated by the force sensors market.
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The report analyses the force sensors market based on technology, end-user and by geography. In terms of technology, the market is divided into piezoelectric force sensor, strain gauge, load cell, capacitive force sensor, and magnetoelastic force sensor. By end-user industry, the global force sensors market is segmented into healthcare, industrial manufacturing, automotive, aerospace and defense, consumer electronics.
Some of the major players operating in this market include METTLER TOLEDO (US), Spectris (US), Flintec (Sweden), TE Connectivity (Switzerland), Vishay Precision Group (US), Taiwan Alpha Electronic (Taiwan), Honeywell (US), Baumer Group (Switzerland),
Force Sensors Market Regional Trends
North America is currently estimated to be the largest in force sensors market due to high technological advancements and growing adoption among different end-user applications. Further, revenue contribution from Asia pacific is anticipated to grow significantly over the forecast period. Rigorous government regulations for emissions monitoring has further improved the usage.
Force Sensors Market Segmental Highlights
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