Press release
Pressure Sensors Market: Drivers, Restraints, Growth Opportunities, and Challenges 2018 to 2025
This report presents the worldwide Pressure Sensors market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
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.
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.
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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.
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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 Pressure Sensors market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Pressure Sensors.
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The following manufacturers are 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
Pressure Sensors Breakdown Data by Type
MEMS Pressure Sensor
Pressure Transducer
Pressure Transmitter
Pressure Sensors Breakdown Data by Application
Automotives
Medical
Industrial
Consumer electronics
Oil and gas
Military & Defense
Other
Pressure Sensors Production by Region
United States
Europe
China
Japan
South Korea
Other Regions
Pressure Sensors Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
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