Market Overview:
The global button type load cells market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for button type load cells in various applications, such as electronic equipment, agricultural production, medical instruments, chemical industry and others. In addition, the growing awareness about the benefits of using button type load cells is also contributing to the growth of this market.
Product Definition:
A Button Type Load Cell is a type of load cell that uses a button-style sensor to measure force. Button Type Load Cells are often used in applications where space is limited, such as in handheld devices or medical equipment. They are also popular in industrial weighing applications because of their small size and low cost.
Photoelectric Type:
The photoelectric type is used to measure the current and voltage in electric circuits. It works on the principle of light and matter interaction. The load cell consists of an insulated chamber, which holds a charge when a ray of light is applied across it.
Hydraulic Type:
The hydraulic type load cells are used in applications where the force is applied to a lever or cylinder and the output is measured as a function of time. The most common use of these products is in brake caliper, which has two pistons, one acts as a seal and the other compresses an air-filled chamber that exerts pressure on an attached piston.
Application Insights:
The other application segment includes the use of the devices in various industries such as oil & gas, construction, pulp and paper, food and beverages. The electronic equipment segment is expected to be at a higher CAGR during the forecast period owing to increasing demand for high-precision electronic products across various end-use industries.
Button type load cells are used in numerous applications including chemical plants, refineries petrochemical facilities electrical power generation plants etc., mainly for measuring force or torque applied by machinery or equipment on rotating shafts or bearings. Electronic equipment is one of the major application areas where these devices are used along with agricultural production and medical instruments as secondary applications areas.
In addition to being used in industrial manufacturing facilities they are also widely utilized within residential buildings for purposes such as plumbing fixtures HVAC (heating ventilation air conditioning) systems water treatment etc., due to their ability measure forces up to 10 lbf (44 N).
Regional Analysis:
North America is expected to be the largest market for global button type load cells over the forecast period. North America has a well-established manufacturing base in several industries, such as medical instruments and consumer electronics. The region’s industrial production value reached USD X billion in 2017 from USD X billion in 2016 showing a growth rate of 0.9%.
The U.S., which is at the forefront of this industry with significant market share held by companies such as Honeywell International Inc.; Emerson Electric Co.; and Johnson Controls Inc., dominates this region's market space with more than 80% revenue share captured by these players in 2017.
Growth Factors:
- Increasing demand from the automotive industry for weight-based sensing applications
- Growing popularity of load cells in precision farming and agriculture sector for monitoring soil moisture levels, crop health, and yield forecasting
- Rising demand from the research laboratories and educational institutions for advanced weighing applications
- Proliferation of e-commerce platforms and growing trend of online shopping that is fuelling the need for better quality load cells to ensure accurate weight measurements
- Technological advancements in load cell design and manufacturing that are making these sensors more compact, reliable, and affordable
Scope Of The Report
Report Attributes
Report Details
Report Title
Button Type Load Cells Market Research Report
By Type
Photoelectric Type, Hydraulic Type, Electromagnetic Force Type, Other
By Application
Electronic Equipment, Agricultural Production, Medical Instruments, Chemical Industry, Other
By Companies
Transducer Techniques, Sensotech, Rudrra Sensor, Mecmesin, Strain Measurement Devices, OMEGA, Forsentek, MEGATRON, Loadstar Sensors, Honeywell, HBM, VALCOM CO, A&D COMPANY
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Button Type Load Cells Market Report Segments:
The global Button Type Load Cells market is segmented on the basis of:
Types
Photoelectric Type, Hydraulic Type, Electromagnetic Force Type, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Electronic Equipment, Agricultural Production, Medical Instruments, Chemical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Transducer Techniques
- Sensotech
- Rudrra Sensor
- Mecmesin
- Strain Measurement Devices
- OMEGA
- Forsentek
- MEGATRON
- Loadstar Sensors
- Honeywell
- HBM
- VALCOM CO
- A&D COMPANY
Highlights of The Button Type Load Cells Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Photoelectric Type
- Hydraulic Type
- Electromagnetic Force Type
- Other
- By Application:
- Electronic Equipment
- Agricultural Production
- Medical Instruments
- Chemical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Button Type Load Cells Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Button type load cells are used to measure the force of a push or pull on an object.
Some of the major players in the button type load cells market are Transducer Techniques, Sensotech, Rudrra Sensor, Mecmesin, Strain Measurement Devices, OMEGA, Forsentek, MEGATRON, Loadstar Sensors, Honeywell, HBM, VALCOM CO, A&D COMPANY.
The button type load cells market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Button Type Load Cells Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Button Type Load Cells Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Button Type Load Cells Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Button Type Load Cells Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Button Type Load Cells Market Size & Forecast, 2020-2028 4.5.1 Button Type Load Cells Market Size and Y-o-Y Growth 4.5.2 Button Type Load Cells Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Photoelectric Type
5.2.2 Hydraulic Type
5.2.3 Electromagnetic Force Type
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Electronic Equipment
6.2.2 Agricultural Production
6.2.3 Medical Instruments
6.2.4 Chemical Industry
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Button Type Load Cells Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Button Type Load Cells Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Photoelectric Type
9.6.2 Hydraulic Type
9.6.3 Electromagnetic Force Type
9.6.4 Other
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Electronic Equipment
9.10.2 Agricultural Production
9.10.3 Medical Instruments
9.10.4 Chemical Industry
9.10.5 Other
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Photoelectric Type
10.6.2 Hydraulic Type
10.6.3 Electromagnetic Force Type
10.6.4 Other
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Electronic Equipment
10.10.2 Agricultural Production
10.10.3 Medical Instruments
10.10.4 Chemical Industry
10.10.5 Other
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Photoelectric Type
11.6.2 Hydraulic Type
11.6.3 Electromagnetic Force Type
11.6.4 Other
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Electronic Equipment
11.10.2 Agricultural Production
11.10.3 Medical Instruments
11.10.4 Chemical Industry
11.10.5 Other
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Photoelectric Type
12.6.2 Hydraulic Type
12.6.3 Electromagnetic Force Type
12.6.4 Other
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Electronic Equipment
12.10.2 Agricultural Production
12.10.3 Medical Instruments
12.10.4 Chemical Industry
12.10.5 Other
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Photoelectric Type
13.6.2 Hydraulic Type
13.6.3 Electromagnetic Force Type
13.6.4 Other
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Electronic Equipment
13.10.2 Agricultural Production
13.10.3 Medical Instruments
13.10.4 Chemical Industry
13.10.5 Other
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Button Type Load Cells Market: Competitive Dashboard
14.2 Global Button Type Load Cells Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Transducer Techniques
14.3.2 Sensotech
14.3.3 Rudrra Sensor
14.3.4 Mecmesin
14.3.5 Strain Measurement Devices
14.3.6 OMEGA
14.3.7 Forsentek
14.3.8 MEGATRON
14.3.9 Loadstar Sensors
14.3.10 Honeywell
14.3.11 HBM
14.3.12 VALCOM CO
14.3.13 A&D COMPANY