Press release
Pressure Sensor Market expected to reach USD 11.59 bn by 2023; Growing at CAGR 5.35% |Top Key Insights| Endress+Hauser India Pvt. Ltd, Emerson Electric, Infineon Technologies India Private Ltd, SSI Technologies, STMicroelectronics
Pressure Sensor Market
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Major Top Key Insights:
Endress+Hauser India Pvt. Ltd,
Emerson Electric,
Infineon Technologies India Private Ltd,
SSI Technologies,
STMicroelectronics,
General Electric,
Robert Bosch GmbH and Denso
Latest Industry Trend Insights-
Global Pressure Sensor Market was worth USD 7.25 bn in 2014 and is expected to reach approximately USD 11.59 bn by 2023, while registering itself at a compound annual growth rate (CAGR) of 5.35% during the forecast period. The Growth of this market is powered by progressions in MEMS innovation and its quick selection in connected devices, developing interest from medical and automotive device enterprises, expanding adoption of weight sensors in customer products and wearables, and stringent government directions. Development in the pressure sensor market through natural and inorganic development techniques, for example, product improvements, partnerships, merger and acquisition, collaborations, and agreements, additionally drive the development of this market.
Global Pressure Sensor Industry Segmentation:,
By Product:
Differential
Gauge
Sealed
Absolute
Vacuum
By Technology:
Electromagnetic
Resonant
Piezoresistive
Optical
Capacitive
Others
By Application:
Medical
Utilities
Oil & Gas
Marine
Automotive
Industrial
Consumer Electronics
Aviation
Others
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Regional Area Covers:
Europe: Italy, UK, Germany, France, Spain, Rest of Europe
Rest of the World: South Africa, Saudi Arabia, Brazil, United Arab Emirates
Asia-Pacific-: India, South Korea, Japan, China, Australia, Rest of Asia Pacific
North America: Mexico, U.S, Canada,
Application Outlook and Trend Analysis
In applications where different innovations can fail because of electromagnetic impedance, optical pressure sensors can work exceptionally well because of their insusceptibility to obstruction. These sensors likewise function admirably within the sight of chemicals or explosive materials.
Major TOC:
Chapter 1. Introduction
1.1. Report Description
1.2. Research Methodology
1.2.1. Secondary Research
1.2.2. Primary Research
Chapter 2. Executive Summary
2.1. Key Highlights
Chapter 3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
4. Market Analysis by Regions
5. Pressure Sensor Market, By Technology
6. Pressure Sensor Market, By Application
7. Pressure Sensor Market, By Region
…….CONTINUED FOR TOC
Technology Outlook and Trend Analysis
Global pressure sensor market for the optical technology is foreseen to develop at a high CAGR in the following years driven by the developing implementation of optical innovation over different advancements. In places that are remote or experience high temperature, optical pressure sensors are used for different applications.
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