Force Gauge Market Size, Share, Growth, and Industry Analysis, By Type (Digital Force Gauges and Mechanical Force Gauges), By Application (Electrical Industry, Automobile Manufacturing Industry, Packaging Industry and Others), Regional Forecast From 2025 To 2033

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FORCE GAUGE MARKET OVERVIEW

The global Force Gauge Market size is USD 0.04 billion in 2024 and is expected to reach USD 0.05 billion by 2033, growing at a compound annual growth rate (CAGR) of about 2.8% during the forecast period.

Force gauges are essential for a wide range of tests, including those evaluating the tensile strength of springs and wires, the resistance to friction and peeling, the tensile strength of welds between electrodes, and the responsiveness of gun triggers. 

Force gauges are used extensively in the transportation, electronics, and packaging industries. The screen of the force gauge is coupled to a load cell. When a load cell converts an applied force into an electrical signal, the result is displayed via a force gauge. The strain gauge inside the force gauge is held in place by a variety of movable parts. Pressure applied to a strain gauge causes it to change shape.

COVID-19 IMPACT

Pandemic Impeded Market growth due to the limitations imposed by the government

For the two years, the majority of sectors in the globe have suffered. This can be ascribed to major interruptions in their individual supply chains and manufacturing processes brought on by precautionary lockdowns and other limitations imposed by governments around the world. 

The global  force gauge market is no different. Also, as the overall economic situation of the majority of people has been significantly impacted by this outbreak, consumer demand has also subsequently decreased as people are now more eager to cut non-essential expenses from their particular budgets. During the course of the forecast period, the aforementioned factors are anticipated to have a negative impact on the revenue trajectory of the worldwide Force Gauge market. Nevertheless, as the respective governing bodies start to relax these mandated

LATEST TRENDS

Launch of advanced products to foster market growth

Leading force gauge manufacturer NIDEC-SHIMPO CORPORATION has introduced the FGE- XY force gauge, which features a dual labelled keypad for pull and push applications and an 1800 reversible display. The force gauge features a 12-hour battery backup and a sample rate of roughly 1000Hz. There are 0.5 lb to 200 lb ranges for FGE-XY models.

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FORCE GAUGE MARKET SEGMENTATION

By Type Analysis

According to type, the market can be segmented into digital force gauges and mechanical force gauges.  

By Application Analysis

Based on application, the market can be divided into electrical industry, automobile manufacturing industry, packaging industry and others).

DRIVING FACTORS

Expansion of automotive vehicle sector to drive market growth

The manufacturing and vehicle assembly industries use force gauges the most. Whether or not force gauges are used in the design, testing, and production of automobiles will determine how necessary they are. Manufacturers must now follow strict testing procedures on compression forces using force gauges and how these pressures affect car seats during an accident due to growing concerns about the safety of the automobile production process.

Rising prevalence of automation in various industries to bolster market growth

As a result, it is anticipated that the market for force gauges would keep growing, especially in the automobile sector. Due to the growing prevalence of automation in several industries, digital force gauges are anticipated to dominate this market segment. The global market for force gauges is anticipated to grow quickly in the upcoming years.

RESTRAINING FACTORS

High cost of the product to limit market growth

The factors that hinder market expansion are crucial because they can be recognised to create new strategies for seizing the profitable chances that are available in the constantly expanding industry. In order to better comprehend the market, perspectives from industry experts have also been taken into consideration.

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FORCE GAUGE MARKET REGIONAL INSIGHTS

North America to dominate the market due to the expansion of automotive sector

North America holds the largest market share for force gauges worldwide because of the region's numerous automobile industries. Since the auto sector is growing, especially in North America, it is anticipated that throughout the anticipated period, North America will account for a sizable portion of the force gauges market.

While more people buy electric and diesel cars, the European auto industry is booming. This sector is expected to be the main driver of the force gauge market in Europe.

One of the most mechanized countries in the world, Japan regularly innovates in the fields of electrical engineering, vehicle manufacture, and robotics.

KEY INDUSTRY PLAYERS

Adoption Innovative Strategies by Key Players Influencing Market Development

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. The top key players in the market are Ametek, Shimpo, Sauter, Mecmesin, Extech, Mark-10, Dillon, PCE Instruments, Sundoo and Alluris.

Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios. In addition, the strategies to develop new technologies, capital investment in R&D, improve product quality, acquisitions, mergers, and compete for the market competition help them to perpetuate their position and value in the market. Besides, collaboration with other companies & extensive possession over market shares by the key players stimulates the market growth.

List of Top Force Gauge Companies

• Ametek
• Shimpo
• Sauter
• Mecmesin
• Extech
• Mark-10
• Dillon
• PCE Instruments
• Sundoo
• Alluris

REPORT COVERAGE

This report examines an understanding of the force gauge market’s size, share, growth rate, segmentation by type, application, key players, and previous and current market scenarios. The report also collects the market’s precise data and forecasts by market experts. Also, it describes the study of this industry’s financial performance, investments, growth, innovation marks, and new product launches by the top companies and offers deep insights into the current market structure, competitive analysis based on key players, key driving forces, and restraints that affect the demand for growth, opportunities, and risks.

Furthermore, the post-COVID-19 pandemic’s effects on international market restrictions and a deep understanding of how the industry will recover, and strategies are also stated in the report. The competitive landscape has also been examined in detail to provide clarification of the competitive landscape.

This report also discloses the research based on methodologies that define price trend analysis of target companies, collection of data, statistics, target competitors, import-export, information, and previous years’ records based on market sales. Moreover, all the significant factors which influence the market such as small or medium business industry, macroeconomic indicators, value chain analysis, and demand-side dynamics, with all the major business players have been explained in detail. This analysis is subject to modification if the key players and feasible analysis of market dynamics change.