Pressure Sensors Market Analysis, Regional Outlook, Business Landscape 2027

 Market Highlights

The increasing demand from automotive and medical industries and rising adoption of pressure sensors in consumer electronics are the primary factors driving the market growth. The rising adoption of Internet of Things (IoT) is fueling the market growth. However, the intense pricing pressure is hampering the market growth.

The mounting need to monitor and control the pressure of gases is encouraging the market. Reports that judge the semiconductors and electronics industry has been offered by Market Research Future, which generates reports on industry verticals that judge the market development and possibilities. The market is set to accomplish USD 12 billion in revenues, with CAGR 6 % by the end of the forecast period.

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Competitive Dashboard:

Some of the key players in the global Pressure Sensors Market Revenue are Honeywell International Inc. (U.S.), ABB (Switzerland), NXP Semiconductors (the Netherlands), Infineon Technologies (Germany), Emerson Electric (U.S.), General Electric (U.S.), Siemens AG (Germany), STMicroelectronics (Switzerland), Robert Bosch GmbH (Germany), Texas Instruments (U.S.), MRON Corporation (Japan) and many others.

Some of the key innovators in this market are Denso Corporation (Japan), TE Connectivity (Switzerland), Continental AG (Germany), Aptiv PLC (U.K), Sensata Technologies Holding PLC (U.K), Pricol Ltd (India), Taiwan Semiconductors (Taiwan), Renesas Corporation (Japan), Samsung Electronics (South Korea), Sony Corporation (Japan), Toshiba Corporation (Japan) and many others

Segmentation:

The segmental investigation of the pressure sensor market is conducted on the basis of vertical, product type, technology, and region. Based on product type, the pressure sensor market is segmented into differential pressure sensors, absolute pressure sensors, vacuum pressure sensors, gauge pressure sensors, and many others. On the basis of technology, the pressure sensor market is segmented into optical pressure sensors, capacitive pressure sensors, electromagnetic pressure sensors, piezoresistive pressure sensors, and others. On the basis of vertical, the pressure sensor market is segmented into automotive, medical, aviation, marine, oil & gas, medical, consumer electronics, and many others.

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Global Pressure Sensors Market Research Report– Product Type (Absolute, Differential, Vacuum), Technology (Piezoresistive, Capacitive, Electromagnetic, Optical Pressure Sensors), Vertical (Aviation, Automotive, Medical, Oil & Gas) –– Forecast Till 2023

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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