Ultra-thin Highly Sensitive Strain Sensors: Introduction
- Ultra-thin highly sensitive strain sensors are a new range of nanomaterial strain sensors that are more sensitive in measuring minute movements, compared to the existing technology
- Ultra-thin highly sensitive strain sensors are fabricated using stretchable, flexible, and electrically conductive nanomaterials called MXenes
- These novel strain sensors are ultra-thin in size, are battery-free, and can transmit data wirelessly
- Ultra-thin highly sensitive strain sensors are expected to be greatly beneficial for the safety and precision of industrial robotic arms
- These strain sensors can be coated on a robotic arm like an electronic skin to measure delicate movements. Also, when these sensors are placed on the joints of the robotic arms, the precise movement and the current position of the robotic arm relative to the resting state can be determined.
Growing demand for customized sensor applications set to fuel market growth
- Demand for customized sensor applications is witnessing steep growth in the OEM market, which is expected to act as a primary driver of growth for the ultra-thin highly sensitive strain sensors market, as these sensors can be customized according to application requirements unlike conventional strain sensors
- Growth in demand for robotic arms in industrial manufacturing is also expected to drive the market growth
North America market set to witness significant growth during the forecast period
- In terms of regions, the ultra-thin highly sensitive strain sensors market can be divided into North America, Europe, Asia Pacific (APAC), Middle East & Africa, and South America.
- Geographically, North America is expected to lead the ultra-thin highly sensitive strain sensors market during the forecast period, backed by a robust manufacturing industry deploying robots for mechanical and hazardous operations
- Growth of the market in North America is also attributable to the fact that demand for robotics in APAC is likely to go down as major manufacturing companies plan to relocate their manufacturing locations outside China on the backdrop of the COVID-19 outbreak, although it remains to be seen where these companies relocate their manufacturing units.
Key Players Operating in the Ultra-thin Highly Sensitive Strain Sensors Market
The ultra-thin highly sensitive strain sensors technology is novel and is currently in the research and development phase. The market is raw and consists of only a few players. Our report covers some of the major institutions and organizations that are conducting deep research and development on the technology. These institutions and organizations include:
- Realtek Singapore
- National University of Singapore (NUS)
Global Ultra-thin Highly Sensitive Strain Sensors Market: Research Scope
- Global Ultra-thin Highly Sensitive Strain Sensors Market, by Application
- Precision Manufacturing
- Surgical Robots
- Electronic Skins
- Wearable Devices for Health Monitoring
- Global Ultra-thin Highly Sensitive Strain Sensors Market, by End-use Industry
- Global Ultra-thin Highly Sensitive Strain Sensors Market, by Region
- North America
- Asia Pacific
- New Zealand
- South Korea
- Middle East & Africa
- South Africa
- Saudi Arabia
- South America
- North America
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:
- Customer Experience Maps
- Insights and Tools based on data-driven research
- Actionable Results to meet all the business priorities
- Strategic Frameworks to boost the growth journey
The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.
The following regional segments are covered comprehensively:
- North America
- Asia Pacific
- Latin America
- The Middle East and Africa
The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.
Below is a snapshot of these quadrants.
1. Customer Experience Map
The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.
2. Insights and Tools
The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.
3. Actionable Results
The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.
4. Strategic Frameworks
The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.
The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:
1. What can be the best investment choices for venturing into new product and service lines?
2. What value propositions should businesses aim at while making new research and development funding?
3. Which regulations will be most helpful for stakeholders to boost their supply chain network?
4. Which regions might see the demand maturing in certain segments in near future?
5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?
6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?
7. Which government regulations might challenge the status of key regional markets?
8. How will the emerging political and economic scenario affect opportunities in key growth areas?
9. What are some of the value-grab opportunities in various segments?
10. What will be the barrier to entry for new players in the market?
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.