The pressure sensorscan 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.
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.
Global pressure sensors market is projected to register a substantial CAGR of 7.8% in the forecast period of 2019 to 2026.
Market Drivers and Restraints:
On the basis of industry vertical, the market is segmented into oil & gas, utilities, consumer electronics, aviation, industrial, automotive, medical, marine, others
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
On the basis of technology, the market is segmented into piezoresistive, optical, resonant solid state, piezoelectric, capacitive, electromagnetic, others
The major players covered in the Business 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, Oxensis and among others.
Major TOC Of The Report
Chapter One: Business Pressure Sensors Market Overview
Chapter Two: Manufacturers Profiles
Chapter Three: Global Pressure Sensors Market Competition, by Players
Chapter Four: Global Business Pressure Sensors Market Size by Regions
Chapter Five: North America Business Pressure Sensors Market Revenue by Countries
Chapter Six: Europe Business Pressure Sensors Market Revenue by Countries
Chapter Seven: Asia-Pacific Business Pressure Sensors Market Revenue by Countries
Chapter Eight: South America Business Pressure Sensors Market Revenue by Countries
Key Report Highlights
Comprehensive pricing analysis based on different product types and regional segments
Market size data in terms of revenue and sales volume
Deep insights about regulatory and investment scenarios of the global Business Pressure Sensors Market
Analysis of market effect factors and their impact on the forecast and outlook of the global Business Pressure Sensors Market
The detailed assessment of the vendor landscape and leading companies to help understand the level of competition in the global Business Pressure Sensors Market
A roadmap of growth opportunities available in the global Business Pressure Sensors Market with the identification of key factors
The exhaustive analysis of various trends of the global Business Pressure Sensors Market to help identify market developments
Key Questions Answered in Report:
What is the key to the Business Pressure Sensors Market?
What will the Business Pressure Sensors Market Demand and what will be Growth?
What are the latest opportunities for Business Pressure Sensors Market in the future?
What are the strengths of the key players?
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