Global Low Differential Pressure Sensor Market Analysis of 2026 focusing on Top Players like Honeywell International Inc., TE Connectivity, Bestech Australia, Servoflo Corporation, SensorsONE Ltd

Data Bridge Market Research brings to you this report on the Global Low Differential Pressure Sensor Market Report is a compilation with figures as recent as 2019 and forecasts up to 2026 that helps you track the unprecedented growth seen in the Industry giving you an edge to not just compete but to outmatch the competition. The report provides key statistics on the market status of the Global Low Differential Pressure Sensor Market manufacturers and is a valuable source of guidance and direction for companies and individuals.

Global Low Differential Pressure Sensor Market By Interface (Analog, Digital), Accuracy (0.1 to 0.2%, 0.2 to 0.5%), and above 5%), End User (HVAC, Hospitals, Laboratories and Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026

Market Analysis: Global Low Differential Pressure Sensor Market

Global low differential pressure sensor market is expected to register a substantial CAGR during the forecast period of 2019-2026. This rise in market value can be attributed to the growing demand of the piezoresitive pressure sensor in various applications including medical and automotive sector.

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Competitive Analysis:

Global low differential pressure sensor market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of low differential pressure sensor market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Key Market Competitors:

Few of the major competitors currently working in the global low differential pressure sensor market are Honeywell International Inc., TE Connectivity, Bestech Australia, Servoflo Corporation, SensorsONE Ltd, DWYER Instruments, Inc., Sensirion AG Switzerland,, Setra Systems and Gems Sensors & Controls, Silicon Microstructures, Inc, Omega Engineering, Inc., Applied Measurements Ltd., Ashcroft Inc., Azbil Corporation, Amphenol Advanced Sensors, NOVUS Automation Inc., among others.

Market Definition: Global Low Differential Pressure Sensor Market

The low differential pressure sensors are used in several OEM applications such as automotive, medical, consumer and HVAC industries. This type of sensor help in ensuring energy efficiency, health, safety, comfort, environmental protection and makes a contribution for a more intelligent world. These sensors are usually based on the thermal flow measurement of the gas via a micro-flow channel integrated in the sensor chip. This narrow micro-flow channel helps in decreasing the flow through the channels by various magnitudes as compared to the other flow based pressure sensors.

Market Drivers:

• Growing automobile production across the world is driving the market growth
• Rapid level of the industrialization is another factor uplifting the growth of this market
• Prevailing technological advancement in the low differential pressure sensors market is boosting the market growth
• Rising demand across several application sectors including automotive, medical and industrial sector is also escalating the market growth in the forecast period

Market Restraints:

• Lower cost of the profit margin is expected to restrict the market growth
• Maturity of end-user segment also acts as a market restraint

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Segmentation: Global Low Differential Pressure Sensor Market

By Interface
• Analog
• Digital
By Accuracy
• 0.1 to 0.2%
• 0.2% to 0.5%
By End User
• HVAC
 VAV Controllers
 Filter Monitoring
 Fire Protection
• Hospitals
 CPAP
 Spirometers
 Respiration
 Pulmonary Pressure Measurement
 Others
• Laboratories
• Others

Key Developments in the Market:

• In November 2018, Dwyer Instruments, Inc. introduced a new low differential pressure transmitter named Series 629HLP. This transmitter is used to monitor differential pressure in various applications including air handlers, chillers, hydraulic systems and heat exchangers. This product can also detect a low pressure differential across high-static pressures which allows improvement of measurement accuracy further allowing the system to react quickly to the changes. This strategy would help the company to enhance their product portfolio

• In May 2018, Silicon Microstructures, Inc. launched an ultra-low differential pressure sensor named as SM933X series of ultra-low MEMS pressure sensor system having extraordinary long-term stability. The product would help in enabling precise pressure sensing in the medical, HVAC and industrial applications. This product line helped the company to set a benchmark for the ultra-low pressure sensor in a new wave of innovations in the industrial flow, medical and ultra-low pressure application.

Key Insights in the report:

• Competitive analysis of key competitors involved in the market
• Complete analysis of market segmentation and which segments are set to flourish in the forecast period of 2019 to 2026
• Market drivers and restraints analysis along with the analysis of the market structure

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This release was published on openPR.