Automotive Pressure Sensor Market Analysis, Trends & Forecasts 2021-2027 | Hitachi, Autoliv, Mobis

Global Automotive Pressure Sensor Market report offers overarching research and analysis-based study on, “Global Automotive Pressure Sensor Market 2021 by Manufacturers, Regions, Type and Application, Forecast to 2027.”  The market report provides a comprehensive analysis of market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product promotions and area marketplace expanding.

The global Automotive Pressure Sensor market exhibited moderate growth during 2021-2027. Looking onward, the market is to grow at a CAGR of around 9.71%.

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Impact and Recovery Analysis of Covid-19:

The occurrence of COVID-19 has brought effects on many features, like flight cancellations; travel bans, and quarantines; restaurants closed; all indoor events restricted; emergency declared in several countries; huge slowing of the supply chain; stock market unpredictability; falling business assurance, growing panic among the population, and uncertainty about future.

COVID-19 can affect the worldwide economy in 3 ways: by directly affecting production and demand, by creating supply chain and market disturbance, and by its financial impact on firms and financial markets.

Industrial News:

April 2020 - Bosch Sensortec announced the BMP390, a barometric pressure sensor for altitude tracking in smartphones and wearable and hearable devices. According to Bosch, the new sensor can measure height changes below 10 centimeters and is 50 percent more accurate than its predecessor. The new BMP390 supports GPS applications for outdoor navigation and calorie expenditure estimation tasks and is available for high-volume smartphone, wearable, and hearable manufacturers.
January 2020 - Honeywell announced the launch of a new, high-performance, value-priced line of Media Isolated stainless steel pressure sensors (MIP) for the industrial and HVAC market. The sensors were designed to withstand extreme temperatures and resist corrosion; the sensors are used by engineers to create high-performance HVAC systems, medical and biomedical processes, marine systems, aircraft systems, environmental engineering, laboratory, and wastewater and other industrial applications.

Market segmentation:

The study contains market share analysis and profiles of players such as Robert Bosch, Continental, DENSO, Analog Devices, Sensata Technologies, Delphi, Infineon Technologies, STMicroelectronics, Valeo, Hitachi, Autoliv, Mobis, ZF, NXP Semiconductors, Bourns

Types of Automotive Pressure Sensor market is primarily split into:

ABS
Airbags
TPMS
Engine Control System
HVAC
Power Steering
Transmission

On the basis of applications, the Automotive Pressure Sensor market covers:

Passenger Vehicle
Commercial Vehicle

Regions and Countries Level Analysis:

According to the American Automotive Policy Council, automakers and their suppliers are America's largest manufacturing sector, responsible for 3% of America's GDP. They are also America's largest exporters and have exported more than USD 690 billion in vehicles and parts over the last five years. According to the Consumer Technology Association, the overall US shipments of smart home connected devices reached 28.6 million in 2019. As the pressure sensor posses large applications in these areas, the region offers massive opportunities over the forecast period.
An increase in the production of helicopters and commercial aircraft in the United States is expected to drive the market. The United States exports more than 60% of all aerospace production. Many foreign firms are attracted to the US aerospace market, as it is the largest in the world, characterized by the skilled and hospitable workforce, diverse offerings, and extensive distribution systems. According to the United States Department of Commerce, it is estimated that for the next 20 years, the number of large commercial planes may grow at a rate of 3.5% per year to reach a total of 34,000 units, valued at USD 4.5 trillion. Such production statistics prompt the need for the pressure sensors for the aircraft navigation systems.

The report includes the research on production, consumption, revenue, market share and growth rate, and forecast (2021-2027) of the following regions:

North America (U.S. and Canada)

Europe (U.K., Germany, France, Spain, Italy, and Rest of Europe)

Asia Pacific (China, Japan, India, Indonesia, and Rest of Asia Pacific)

Latin America (Brazil, Mexico, and Rest of Latin America)

Middle East & Africa (GCC, South Africa and Rest of the Middle East & Africa)

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Report Contents in the Table:

Chapter 1 provides an overview of the Automotive Pressure Sensor market, containing global revenue, global production, sales, and CAGR. The forecast and analysis of the market by type, application, and region are also offered in this chapter.

Chapter 2 is about the market landscape and major players. It bids competitive situations and market concentration status along with the basic information of these key players.

Chapter 3 provides a full-scale analysis of major players in the Automotive Pressure Sensor industry. The basic information, as well as the profiles, applications, and specifications of products market recital along with Corporate Overview, are obtainable.

Chapter 4 gives a worldwide view of the Automotive Pressure Sensor market. It covers production, market share revenue, price, and the development rate by type.

Chapter 5 focuses on the application of Automotive Pressure Sensor, by analyzing the consumption and    growth rate of each application.

Chapter 6 is about the production, consumption, export, and import of Automotive Pressure Sensor in each region.

Chapter 7 pays attention to the production, revenue, price, and gross margin of Automotive Pressure Sensor in markets of different regions. The study on production, revenue, price, and gross margin of the global market is covered in this part.

Chapter 8 efforts on manufacturing analysis, including key raw material analysis, cost structure analysis, and process analysis, making up a complete analysis of manufacturing cost.

Chapter 9 introduces the business chain of Automotive Pressure Sensor. Business chain analysis, raw material sources and downstream buyers are analyzed in this chapter.

Chapter 10 provides strong insights into market dynamics.

Chapter 11 prospects the entire Automotive Pressure Sensor market, including the global production and revenue forecast, regional forecast. It also predicts the Automotive Pressure Sensor market by type and application.

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