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Global Pressure Sensors Sales Market Size, Industry Analysis, Segmentation and Forecast to 2025
A pressure sensor is a device that senses pressure and converts it into an electric signal where the amount depends upon the pressure applied.Since they convert pressure into an electrical signal, they are also termed as pressure transducers., pressure transmitters.
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By product, the global pressure sensors market is segmented into MEMS based pressure sensors, and pressure transmitters as well as pressure transducers which are widely used for industrial segment . Of these, MEMS based pressure sensors accounts for majority 34.02% market share of global revenue and pressure transmitters as well as pressure transducers accounts for majority 60.65% market share of global revenue in 2015.
By end user, the global pressure sensors market is segmented into Automotives,Medical,Industrial,
Consumer electronics, Oil and gas and Military & Defense. In 2015, the Automotives application held the largest share in the global market and accounted for a market share of 28.97%.
By geography, the global pressure sensor market has been segmented into North American, South American, European, and Asia-Pacific regions. The markets in the North American, European, South American, China and Japan are projected to witness CAGRs of 5.05%, 4.96%, 8.15% , 8.11% and 5.72%, respectively during the forecast period, 2016to 2021.
In the coming years, Pressure Sensors market is expected to witness the highest growth rate in the Asia-Pacific region. Micro-electromechanical systems (MEMS) technology have been receiving immense popularity and increase in adoption, which has resulted in the growth of the pressure sensors market.Although Pressure Sensors brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and widely sales network do not to enter into this field.
The global Pressure Sensors market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
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The major players covered in this report
Bosch
Denso
Sensata
Amphenol
NXP+ Freescale
Infineon
STMicroelectronics
TE Connectivity (Measurement Specialties)
Omron
Honeywell
Siemens
Continental AG
Panasonic
Emerson
ABB
Yokogawa Electric Corporation
KEYENCE
Keller
Balluff
WIKA Alexander Wiegand SE
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
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