Pressure sensors can be defined as the device which enables the measurement of liquid or gaseous pressure. Pressure sensors act as transducer within an electronic circuit. It indicates the signal electronically when the pressure is being imposed within its range from external phenomena. Pressure sensor is also known as manometer, pressure transducer, pressure indicator, pressure transmitter, and piezometer. The pressure sensor is used for controlling and monitoring the levels of fluid/gas flow, speed, water level, and altitude and they can be used in various applications like in automotive, medical, consumer electronics and others. These days IoT pressure sensors are used for the remote monitoring and controlling the levels of pressure. It also helps in getting the reading with the help of the internet.
The pressure sensor has its wide applicability in the regions having developed automotive industry such as Europe. Rising adoption of pressure sensor in automotive and medical industry is expected to boost the demand for pressure sensor. Increasing adoption of IT & mems technology in connected device and increased usage of pressure sensor in wearables are driving the pressure sensor market.
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Middle East and Africa pressure sensors market is expected to register a healthy CAGR in the forecast period of 2019-2026.
Segmentation: Middle East and Africa Pressure Sensors Market
Middle East and Africa pressure sensors market is segmented into four notable segments which are sensor type, technology, type and industry vertical.
• On the basis of technology, the market is segmented into piezoresistive, optical, resonant solid state, piezoelectric, capacitive, electromagnetic, others
o In August 2018, Alibaba cloud computing & Infineon technology signs a MoU for smart life & smart industry by the joint promotion of IoT applications.
• On the basis of type, the market is segmented into wired & wireless
• On the basis of industry vertical, the market is segmented into oil & gas, utilities, consumer electronics, aviation, industrial, automotive, medical, marine, others
o In May 2018, a new development center for artificial intelligence & automotive electronics launched by Infineon. The major focus will be to develop new & advance product within automotive sector.
• On the basis of sensor type, the market is segmented into gauge pressure sensors, absolute pressure sensors, differential pressure sensors, vacuum pressure sensors and sealed pressure sensors.
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Competitive Analysis: Middle East and Africa Pressure Sensors Market
Some of the major players operating in this market are Schneider Electric SE, Baumer, Fuji Electric Co., Omron Corporation, Broadcom, Panasonic, Infineon Technologies AG, Honeywell International Inc., Siemens, Hitachi automotive system Ltd., Emerson Electric Co., ABB, NXP Semiconductors, STMicroelectronics, Sensata Technologies, Inc., Robert Bosch GmbH, TE Connectivity and Oxensis and among others.
Product Launch
• In February 2018, ST Microelectronics (Switzerland) launched STM32 microcontrollers with advanced components for sense, control, and connectivity.
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Research Methodology: Middle East and Africa Pressure Sensors Market
Primary Respondents: OEMs, Manufacturers, Engineers, Industrial Professionals.
Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers.
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