Market Research Report
Pressure Sensors Market: By Application ; By Product Type ; By Technology ; By Verticals ; By Geography - 2019-2024
|Published by||IndustryARC||Product code||385598|
Delivery time: 2-3 business days
|Pressure Sensors Market: By Application ; By Product Type ; By Technology ; By Verticals ; By Geography - 2019-2024|
|Published: December 27, 2018||Content info:||
Pressure sensors act as transducers and generate analog or digital signal based on the amount of pressure applied, typically on gases or liquids. Portability, customization, ease of use and automation are the key factors that pressure sensors market players use to differentiate their products and services. Apart from pressure sensing; altitude sensing, flow, level or depth sensing and leak testing are some of the applications of pressure transmitters.
Among all stringent safety regulations and conforming pressure sensor standard will likely to boost the industry in terms of value and volume across end verticals as all end user industry will follow the conforming standards. Also, the rising demand of piezo resistive pressure sensor in medical and automotive will further advance the demand for pressure sensors.
The global market for pressure sensors is estimated to reach $12.23 billion by 2021. Americas held the largest share of market in 2015; however, APAC will emerge as the market leader in the forecast period. The APAC market will grow due to the increasing focus on industrial and factory automation and the trends will likely to be continues in the near future. APAC will lead the market in the future; countries such as India, Taiwan, and China will further boost the market. Sales for industrial and automotive pressure sensor coupled with increasing investment in Automation and new manufacturing facilities will likely to propel the market for pressure sensor in the region.
The Pressure Sensor Market incorporates the various types of technology in the report-
Optical Pressure Sensing
Further, geographic section comprising of various regions such as Americas, Europe, Asia-Pacific (APAC) and Rest of the World (RoW) has also been provided to give a comprehensive analysis of the market. Apart from this, the report also includes pricing and value chain analysis separately that will provide key insights and market scenario. Forecasts are provided for all the market segments for the period 2016-2021.
Bosch Sensortec GmbH (Germany)
Sensata Technologies (U.S.)
Continental AG (Germany)
Denso Corporation (Japan)
Infineon Technologies (Germany)
More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"