Press release
Capacitive Ceramic Pressure Sensors Market 2021 Global Demand and Outlook -Kavlico Corporation, Sensata Technologies, Inc., TE Connectivity Ltd., Servoflo Corporation
The Global Capacitive Ceramic Pressure Sensors Market Research Report 2021-2026 is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand, and supply data (as applicable). The research analysts provide an elaborate description of the value chain and its distributor analysis. This Market study provides comprehensive data which enhances the understanding, scope, and application of this report.The capacitive ceramic pressure sensor market is expected to witness a CAGR of 6.77% during the forecast period (2020 - 2025).
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Key Market Players:
Kavlico Corporation, Hefei WNK Smart Technology Company Limited, Sensata Technologies, Inc., TE Connectivity Ltd., PMC Engineering LLC, Servoflo Corporation and Other
Key Market Trends
Automotive Applications to Show Significant Growth
- Essential requirements in the design and manufacturing of pressure sensors for automotive applications include optimal performance in a range of temperatures, vibration, media, shock, and electromagnetic conditions, i.e., the sensor must be durable enough to perform vital functions.
- The ceramic capacitive pressure sensors are suitable for measuring relative or absolute pressure of media present in the most sophisticated vehicle systems. Ceramic material makes it ideal against PC-LD and MD-HD treatments for engines. Moreover, the rapid evolution of the automotive sector with the advent of autonomous vehicles or electric vehicles are emphasising on the miniaturisation of equipment for the applications which are primarily driving the market growth.
- Major automotive manufacturers are expanding their manufacturing capacity. For instance, German automotive manufacturer Volkswagen is investing over USD 800 million for producing a next-generation electric vehicle in the United States.
- The global sales of Electric Vehicles crossed the 1400 thousand mark in 2018. Also, in the United States, EVs sales have shown more than 70% growth from the previous year in 2018, stated by EV-Volumes.com. The huge demand for automotive vehicles and its rapid developments augmenting the capacitive pressure sensor market.
North-America Region to Dominate the Market
- North America is expected to dominate the capacitive pressure sensor market due to the stable industrial structure across the domains. The growing research and development in the region drive the region to dominate in innovations and its commercialization.
- Medical applications of the ceramic capacitive sensors have shown significant growth over the year as innovation on packaging creates a eutectic die bond over the ceramic substrate and offers hermetic seal even in the presence of harsh fluids. Respirators, ventilators, vital sign monitors, and air flow applications are a few major medical end-user applications, which deal with the high-value stakes incorporated with equipment accuracy.
- New research developments are being carried out by many tech companies and launching their products into the market for monitoring blood pressure. For instance, tech giant Apple Inc. filed a patent application for blood pressure monitoring software framework based on a smartphone app and wearable devices for solving data reliability for the wearable.
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What are the market factors that are explained in the report?
Executive Summary: It includes key trends of the global Capacitive Ceramic Pressure Sensors market related to products, applications, and other crucial factors. It also provides an analysis of the competitive landscape and CAGR and market size of the global Capacitive Ceramic Pressure Sensors market based on production and revenue.
Production and Consumption by Region: It covers all regional markets focusing on the research study. It discusses prices and key players besides production and consumption in each regional market.
Key Players: Here, the report throws light on financial ratios, pricing structure, production cost, gross profit, sales volume, revenue, and gross margin of leading and prominent companies competing in the global Capacitive Ceramic Pressure Sensors market.
Market Segments: This part of the report discusses product type and application segments of the global Capacitive Ceramic Pressure Sensors market based on market share, CAGR, market size, and various other factors.
Research Methodology: This section discusses the research methodology and approaches Capacitive Ceramic Pressure Sensors used to prepare the report. It covers data triangulation, market breakdown, market size estimation, and research design and/or programs.
The research includes historic data from 2015 to 2021 and forecasts until 2026 which makes the report an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and stakeholders looking for key industry data in readily accessible documents with clearly presented tables and graphs.
Reasons to Purchase this report:
- The market estimate (ME) sheet in Excel format
- 3 months of analyst support
How we have factored the effect of Covid-19 in our report:
All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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Irfan Tamboli (Head of Sales) – Market Insights Reports
Phone: + 1704 266 3234 | +91-750-707-8687
sales@marketinsightsreports.com | irfan@marketinsightsreports.com
About Us:
MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc.MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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