This study assesses the current landscape of the ever-evolving business sector and the present and future effects of COVID-19 on the market.
New York, United States – June 12, 2020 /MarketersMedia/ —
A pressure sensor is a device that senses pressure and converts it into an electric signal where the amount depends upon the pressure applied. Since they convert pressure into an electrical signal, they are also termed as pressure transducers., pressure transmitters.
This market research report covers the global and regional market with an in-depth analysis. Furthermore, it sheds light on the comprehensive competitive situation of the global and regional markets. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
The pressure sensors market is projected to grow substantially during the forecast years. Stringent government regulations, surging adoption of sensors from automotive and medical industries, and rising demand for smart technology are major factors that driving the pressure sensor market growth. Furthermore, continuous technological advancement has led to a reduction in the size and cost of pressure sensors, which, in turn, is also expected to propel the market growth over the forecast period.
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The Major Players Profiled in This Report Include:
TE Connectivity (Measurement Specialties)
The Type and Application Analysis:
On the basis of type, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each type, primarily split into:
MEMS Pressure Sensor
On the basis of application, this report displays the sales volume, revenue (Million USD), product price, market share and growth rate of each application/end users, primarily divided into:
Military & Defense
The automotive segment accounted for the largest share in the pressure sensor market. This trend is mainly attributed to the increasing usage of pressure sensors in the automotive industry and the focus of manufacturers to comply with the mandates laid down by governments. Furthermore, the growing production of vehicles worldwide is positively affecting the demand for pressure monitoring devices from the automotive segment.
The consumer electronics segment will also witness rapid growth in the coming years. The increasing demand for cellular phones, PDA’s, portable computers, and laptops is the prime factor that driving segment market growth.
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The Asia Pacific is estimated to record significant growth during the forecast period. The emerging automobile and industrial manufacturing companies, rapid vehicle electrification in China market, government regulations on vehicle safety, growing vehicle production are factors that stimulating pressure sensor market growth in this region.
North America occupied a market share of 25% in 2019 owing to the presence of numerous semiconductor companies, sensor manufacturers, and leading system suppliers in North American countries.
Pressure Sensors Report Table of Content:
Chapter 1 Report Overview
Chapter 2 Market Trends and Competitive Landscape
Chapter 3 Segmentation of Pressure Sensors Market by Types
Chapter 4 Segmentation of Pressure Sensors Market by End-Users
Chapter 5 Market Analysis by Major Regions
Chapter 6 Product Commodity of Pressure Sensors Market in Major Countries
Chapter 7 North America Pressure Sensors Landscape Analysis
Chapter 8 Europe Pressure Sensors Landscape Analysis
Chapter 9 Asia Pacific Pressure Sensors Landscape Analysis
Chapter 10 Latin America, Middle East & Africa Pressure Sensors Landscape Analysis
Chapter 11 Major Players Profile
11.1.1 Bosch Company Profile and Recent Development
11.1.2 Market Performance
11.1.3 Product and Service Introduction
11.2.1 Denso Profile and Recent Development
11.2.2 Market Performance
11.2.3 Product and Service Introduction
11.3.1 Sensata Company Profile and Recent Development
11.3.2 Market Performance
11.3.3 Product and Service Introduction
Chapter 12 Data Source and Research Methodology
The List of Tables and Figures
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Pressure Sensors Report Provide:
Potential opportunities and challenges analysis in the Pressure Sensors market.
Current and future market outlook in the developed and emerging regional markets.
Detailed analysis of the segment that is expected to dominate the market.
Regions that are expected to witness the fastest growth during the forecast period.
Identify the latest developments, market shares, and strategies employed by the major market players.
Comprehensive & in-depth research and after-sales warranty by Global Market Monitor.
Analysis of Influences of COVID-19 to the present and future Pressure Sensors market and related industry.
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