Force Sensor Market : Capacitive Force Sensor Technology Segment Projected to be the Most Attractive
The capacitive force sensor segment is projected to be the most attractive segment in the APEJ force sensor market during the forecast period. In terms of value, the piezo-electric force sensor segment is predicted to be the most attractive segment in the North America and Western Europe force sensor markets during 2017 – 2027. This segment is also anticipated to register high Y-o-Y growth throughout the forecast period in North America and Western Europe. Increasing adoption of the Internet of Things (IoT) technology is driving the growth of the global force sensor market. Force sensors are utilised to measure a change in physical parameters, which describes the functionality and performance capabilities of various Internet of Things (IoT) applications such as consumer electronics, building automation, healthcare & life science, home automation, transportation, industrial, environment, security & public safety and retail & logistics. Hence, an increasing demand fo...