Pressure Sensors Market 2021-2027
New Study Reports " Pressure Sensors Market 2021, Global Key Players Analysis, Share, Trends, Future Opportunities Forecasts 2027" has been Added on MarketResearchFuture.
Report Overview
This published report for the Pressure Sensors Market analyzes and forecasts the marketing statistics of the product/service market on a global as well as the regional level. This detailed study Pressure Sensors Market also offers the previous historical data along with the forecast from 2021 to 2027. The assessment of the Pressure Sensors Market factors gives a brief overview of the impact on the demand over the forecast period. In addition to this, the report also studies the opportunities that are available in the report at the global level. An executive summary is also provided based on the industry snapshot for the period from 2021-2027.
Global pressure sensors market is estimated to reach USD 12 billion with a CAGR of 6% through the forecast period of 2026.
The increasing demand from automotive and medical industries and rising adoption of pressure sensors in consumer electronics are the primary factors driving the market growth. The rising adoption of Internet of Things (IoT) is fuelling the market growth. However, the intense pricing pressure is hampering the market growth.
A pressure sensor is used for pressure measurement of gases or liquids. The sensors make use of IC fabrication technology made on silicon wafers, which helps in monitoring and controlling the pressure of gases and liquids. These sensors are capable of measuring different types of pressures such as vacuum, absolute, gauge, and differential pressure. The rising demand for pressure sensors in automotive and medical applications is primarily driving the Pressure Sensors Market. The growing applications of pressure sensors in consumer electronics and advancements in MEMS (Micro-electromechanical systems) are fuelling the Pressure Sensors Market growth. However, the intense pricing structure is hampering the Pressure Sensors Market growth.
Key Players
The report has profiled some of the Important players prevalent in the global like – Honeywell International Inc. (U.S.), ABB (Switzerland), NXP Semiconductors (the Netherlands), Infineon Technologies (Germany), Emerson Electric (U.S.), General Electric (U.S.), Siemens AG (Germany), STMicroelectronics (Switzerland), Robert Bosch GmbH (Germany), Texas Instruments (U.S.), MRON Corporation (Japan) and many others.
Some of the key innovators in this market are Denso Corporation (Japan), TE Connectivity (Switzerland), Continental AG (Germany), Aptiv PLC (U.K), Sensata Technologies Holding PLC (U.K), Pricol Ltd (India), Taiwan Semiconductors (Taiwan), Renesas Corporation (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), Toshiba Corporation (Japan) and many others
This report covers the sales volume, price, revenue, gross margin, manufacturers, suppliers, distributors, intermediaries, customers, historical growth and future perspectives in the Pressure Sensors.
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Segmentation
The global pressure sensor market is segmented into product type, technology, vertical, and region.
Based on product type, the Pressure Sensor Market is further classified into absolute pressure sensors, differential pressure sensors, gauge pressure sensors, vacuum pressure sensors, and many others.
Based on technology, the Pressure Sensor Market is further classified into piezoresistive pressure sensors, capacitive pressure sensors, electromagnetic pressure sensors, optical pressure sensors, and many others.
Based on vertical, the Pressure Sensor Market is further classified into aviation, automotive, medical, marine, Oil & gas, consumer electronics, medical, and many others.
Regional Analysis
By geography, the market is studied for North America, Europe, Asia Pacific, and rest of the world. Among these regions, at present, the market is majorly dominated by Asia Pacific due to a higher concentration of key players in countries like China, Japan, and South Korea. The rising demand from automobile and medical industries in these regions are fuelling the market growth.
On the other hand, Europe is expected to show a decent market growth concerning the pressure sensor market. The rise in technological advancements and demand for MEMS sensors are fuelling the market growth. However, the North America region is expected to show a significant growth throughout the forecast period. Increase in use of smartphones and rising applications in the field of medicine are also driving the market in this region. The demand for consumer electronics across developed countries like the U.S. is driving the market in this region.
Key Stakeholders
Pressure Sensors Market Manufacturers
Pressure Sensors Market Distributors/Traders/Wholesalers
Pressure Sensors Market Subcomponent Manufacturers
Industry Association
Downstream Vendors
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Complete Report Details@ https://www.marketresearchfuture.com/reports/pressure-sensors-market-6096
Important Key Points from Table of Content:
1 Executive Summary
2 Market Introduction
3 Research Methodology
4 Market Dynamics
5 Global Pressure Sensors Market, By Component
6 Global Pressure Sensors Market, by Technology
7 Global Pressure Sensors Market, by Application
8 Global Pressure Sensors Market, By Industry
9 Global Pressure Sensors Market, By Region
10 Competitive Landscape
And more
Continued...
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