Dublin, Oct. 07, 2020 (GLOBE NEWSWIRE) — The “Force Sensors Market – Forecast (2020 – 2025)” report has been added to ResearchAndMarkets.com’s offering.
The market for Force Sensors is forecast to reach $2,426.62 million by 2025, growing at a CAGR of 4.01% from 2020 to 2025. Force Sensors are one type of micromechanical sensors.
It is a device that senses any changes in geometry or limits and shows the magnitude of some kind of mechanical force in the form of an electric signal. It is also called a transducer known for the transformation of mechanical energy into electrical energy. Sensing technology will continue to be the foundation for data collection as the need for industrial robotic automation advances that will help transform manufacturing floors into connected, cost-effective, and reliable facilities thereby boosting the market growth rate.
APAC region in the force sensors market is expected to consist highest