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Pressure Sensor Market Size, Trends, In-depth Analysis, Research Report Forecast up to 2028: Denso Corporation and NXP Semiconductors are key players.

The pressure sensor market is expected to grow at a CAGR of 7.66% to reach a market size worth US$5.443 billion by 2028.

The prime factors boosting the market growth of pressure sensors are growing automotive production, consumer electronics, increased investment in technological upgrades, and government measures.

The pressure sensor market is expected to grow at a steady pace during the forecast period.

Pressure Sensors are devices with pressure-sensitive components that translate physical quantities into electrical or optical signals. The common application of pressure sensors is detecting a leak, which is required in exhaust emissions, power steering, electric windows, and more automotive processes. Additionally, increasing technological advances and investments in R&D to upgrade the technology will boost market growth. Moreover, the increasing demand by the consumer electronics industry, such as washing machines, refrigerators, televisions, etc., is expected to aid market development during the forecast period.

Sample request or complete report can be purchased through the link below:

https://www.knowledge-sourcing.com/report/pressure-sensor-market

The pressure sensor market has been segmented into product, technology, application, and geography.

The pressure sensor market is divided into absolute, differential, and gauge pressure sensors based on product type. The absolute pressure sensor provides a measurement relative to the reference of zero pressure, while the differential pressure sensor measures the difference between its two ports wherever required. The Gauge Pressure Sensor measures the difference in pressure compared to atmospheric pressure.

Based on technology, pressure sensors can be classified into piezoresistive pressure sensors, electromagnetic pressure sensors, optical pressure sensors, resonant solid-state pressure sensors, and capacitive pressure sensors. Among the mentioned sensors, optical and electromagnetic pressure sensors will have higher demand because of their wider applications.

On the basis of the application, pressure sensors are divided into automotive, food & beverage, aerospace & defense, consumer electronics, medical, and industrial sectors. There is a growing demand for pressure sensors in the automotive industry due to technological advances and in the aerospace & defense sector because of strict public safety and concern guidelines.

Based on geography, North America is expected to witness a notable CAGR throughout the projected period owing to its cutting-edge technological developments and increased spending in R&D.

The major players covered in the pressure sensor market study are STMicroelectronics, TE Connectivity, Emerson Electric Co., Denso Corporation, NXP Semiconductors, Siemens AG, Omron Corporation, General Electric, ABB, Robert Bosch GmbH.

This pressure sensor market has been analyzed into the following segments:

• By Product

o Absolute Pressure Sensor
o Differential Pressure Sensor
o Gauge Pressure Sensor

• By Technology

o Piezoresistive Pressure Sensor
o Electromagnetic Pressure Sensor
o Optical Pressure Sensor
o Resonant Solid State Pressure Sensor
o Capacitive Pressure Sensor
o Others

• By Application

o Automotive
o Food & Beverage
o Aerospace & Defense
o Consumer Electronics
o Medical
o Industrial
o Others

• By Geography

o North America

• United States
• Canada
• Mexico

o South America

• Brazil
• Argentina
• Others

o Europe

• United Kingdom
• Germany
• France
• Spain
• Others

o Middle East and Africa

• UAE
• Israel
• Saudi Arabia
• Others

o Asia Pacific

• Japan
• China
• India
• South Korea
• Thailand
• Taiwan
• Indonesia
• Others

Explore More Reports:

• Contact Image Sensor Market: https://www.knowledge-sourcing.com/report/contact-image-sensor-market

• Angle Sensor Market: https://www.knowledge-sourcing.com/report/angle-sensor-market

• Infrared Sensor Market: https://www.knowledge-sourcing.com/report/infrared-sensor-market

Contact Us:
Knowledge Sourcing Intelligence
Phone: +1-850-250-1698
E-Mail: info@knowledge-sourcing.com

Knowledge Sourcing Intelligence (KSI) is a market research and consulting firm publishing market research studies across ten industry verticals. KSI has a team of experienced and young professionals who focus on delivering high-quality research services to enterprises, non-government organizations, government agencies, and research institutes and organizations. We publish hundreds of reports annually centering on the niche and latest technologies. In addition, we engage with key decision-makers and stakeholders across the value chain to provide clients with a detailed analysis and bird's-eye view of the market with complete market dynamics, statistical forecasts, competitive analysis, key trends, market drivers, challenges, and strategic recommendations for making informed decisions. Our success lies in our analysts' efforts to meet client expectations by delivering quality work within the stipulated deadlines.

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