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Pulished Date April, 2021
ID: 9438
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Pressure Sensor Market - By Application (Automotive On-Vehicle, Medical Devices, HVAC, Process Controls, Test & Measurement, Air Data Computers, Air Data Test Sets, Cockpit Instruments, Gaming, And Navigation), By Technology (Piezo-resistive, Capacitive, Resonant, Electromagnetic, Optical, Potentiometric, Piezoelectric, And Thermal Tec hnologies), by Product Type (Absolute Pressure Sensor, Gauge Pressure Sensor, Differential Pressure Sensor, Sealed Pressure Sensor, And Vacuum Pressure Sensor), By End-user Industry (Automotive, Medical, Manufacturing, Utility, Aviation, Oil & Gas, Marine, Consumer Electronics, Food & Beverages, Pulp & Paper, And Telecommunication) and By Region (North America, Latin America, Europe, Asia Pacific, Middle East & Africa) - Global Analysis on Size, Share, Trends, Growth, Opportunities & Forecast Period | 2021 - 2026

Pulished: April, 2021
ID: 9438
Pages: 125

Pressure Sensor Market Analysis Report (2021 - 2026)

The Global Pressure Sensor Market is foreseen to grow in a considerable way during the forecast period. It is anticipated that the target market to grow from USD 5316.79 million in 2021 to USD 8931.87 million by 2026, at a CAGR of over 9.26% during the forecast period of 2021-2026. Pressure sensors are the devices for measurement of pressure in gases or liquids, whereas, the pressure is an expression of the force that is required to stop fluids from expanding. They are mostly stated in terms of force per unit area. These pressure sensors usually act like a transducer, which generates a signal as a function of the pressure imposed.

These pressure sensors are electronic devices that are used for the pressure measurement of gases or liquids, which is one of the crucial processes in various industries. The increasing government regulations and growing adoption of the sensors in automotive and medical applications are the major drivers for the demand for these pressure sensors. The reduction in the size and cost of pressure sensors, which are led by technological advancements, are expected to open new avenues for market growth.

And the major drivers for the growth of the target market during the forecast period include the growing demand for consumer electronic applications like cellular phones, portable computers, Personal Digital Assistant (PDA's), and laptops. Further, these sensors are also employed in the automotive industry equipment like engine health management systems, Tire Pressure Monitoring Systems (TPMS), and exhaust gas recirculation systems. This says that the organic production of vehicles worldwide is positively impacting the demand for automotive pressure monitoring devices.

Recent Developments

Honeywell International Inc., an American publicly traded, multinational, Conglomerate Company, has entered into a 364-Day Credit Agreement with the banks, financial institutions and other institutional lenders party like Citibank, as administrative agent, and JPMorgan Chase Bank, as syndication agent.

After the acquisition of the TT Electronics, a global manufacturer of electronic components and provider of manufacturing services, by AVX Corporation, AVX has added their sensor capabilities.

Market Growth Drivers

The vital medical devices utilize these pressure sensors like respirators, oxygen concentrators, ventilators, spirometers, & oxygen tanks, which is a major booster for the demand of these sensors, coupled with availability of low-cost MEMS pressure sensors owing to the growing demand for portable healthcare monitoring products are the principal drivers for the growth of the Global Pressure Sensors Market.

Major Challenges

However, the rising adoption of wireless technology, as well as the Internet of Things (IoT), is expected to hamper the demand for the wired pressure sensors over the prediction period which is one of the significant challenges.

Growth Opportunities

Moreover, the transference of towards miniaturized systems, manufacturing of printed sensors, and flexible electronics for consumer markets are the factors that are creating more significant opportunities for market expansion.

Segmentation of the Pressure Sensors Market as per the research report.

Pressure Sensors Market – By Application

  • Automotive on-vehicle
  • Medical devices
  • HVAC
  • Process controls
  • Test & Measurement
  • Others (Air Data Computers, Air Data Test Sets, Cockpit Instruments, Gaming, and Navigation)

Pressure Sensors Market – By Technology

  • Piezoresistive
  • Capacitive
  • Resonant
  • Electromagnetic
  • Optical
  • Others (Potentiometric, Piezoelectric, and Thermal Technologies)

Pressure Sensors Market – By Product

  • Absolute Pressure Sensor
  • Gauge Pressure Sensor
  • Differential Pressure Sensor
  • Sealed Pressure Sensor
  • Vacuum Pressure Sensor

Pressure Sensors Market – By End-user

  • Automotive
  • Medical
  • Manufacturing
  • Utility
  • Aviation
  • Oil & Gas
  • Marine
  • Consumer Electronics
  • Others (Food & Beverages, Pulp & Paper, and Telecommunication).

Sensors Market – By Region

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

In the regional analysis of the Global Pressure Sensor Market, the Asia Pacific region is projected to account for the significant share in the target market's revenue over the forecast period. The primary driver for the growth of the target market in this region is attributed to the presence of countries such as China, India, South Korea, and Japan, which are the major contributors to the growth of the market. The emerging automobile & industrial manufacturing companies and the growing demand for pressure sensors from the overseas markets of North America and Europe is the primary reason for the growth of the need for these pressure sensors. The North American market is accounted for the global revenue share of over 24.6%. The main elements promoting the growth of the local market are the presence of numerous semiconductor companies, sensor manufacturers, and leading system suppliers in North American countries.\

The key players of the Global Pressure Sensors Market include Honeywell (US), ABB (Switzerland), Amphenol (US), BD Sensors (Germany), Emerson Electric (US), First Sensor (Germany), Micro Sensor (China), Quartzdyne (US), Sensata Technologies (US), Crane (US), Analog Microelectronics (Germany), ADZ NAGANO (Germany), Siemens (Germany), General Electric (US), TT Electronics (UK), Ifm electronic (Germany), Endress+Hauser (Switzerland), JUMO (Germany), Melexis (Belgium), Acuity Incorporated (US), Kita Sensor (Taiwan), Cynergy3 (UK), Phoenix Sensors (US), Trafag (Switzerland), and Nidec Copal Electronics (Japan).

1. Introduction                            

          1.1 Market Definition                  

          1.2 Scope of the report               

          1.3 Study Assumptions               

          1.4 Base Currency, Base Year and Forecast Periods              

2. Research Methodology                      

          2.1 Analysis Design          

          2.2 Research Phases                   

                    2.2.1 Secondary Research 

                    2.2.2 Primary Research     

                    2.2.3 Data Modelling        

                    2.2.4 Expert Validation     

          2.3 Study Timeline            

3. Report Overview                     

          3.1 Executive Summary               

          3.2 Key Inferencees          

4. Market Dynamics                    

          4.1 Impact Analysis           

                    4.1.1 Drivers

                    4.1.2 Restaints       

                    4.1.3 Opportunities 

          4.2 Regulatory Environment                  

          4.3 Technology Timeline & Recent Trends                  

5. Competitor Benchmarking Analysis                        

          5.1 Key Player Benchmarking                 

                    5.1.1 Market share analysis         

                    5.1.2 Products/Service      

                    5.1.3 Regional Presence    

          5.2 Mergers & Acquistion Landscape               

          5.3 Joint Ventures & Collaborations                 

6. Market Segmentation                        

          6.1 Pressure Sensors Market, By Application               

                    6.1.1 Automotive On-Vehicle      

                    6.1.2 Medical Devices       

                    6.1.3 HVAC  

                    6.1.4 Process Controls      

                    6.1.5 Test & Measurement

                    6.1.6 Air Data Computers  

                    6.1.7 Air Data Test Sets    

                    6.1.8 Cockpit Instruments 

                    6.1.9 Gaming         

                    6.1.10 Navigation   

                    6.1.11 Market Size Estimations & Forecasts (2019-2024)      

                    6.1.12 Y-o-Y Growth Rate Analysis       

                    6.1.13 Market Attractiveness Index       

          6.2 Pressure Sensors Market, By Technology              

                    6.2.1 Piezo-resistive         

                    6.2.2 Capacitive      

                    6.2.3 Resonant       

                    6.2.4 Electromagnetic       

                    6.2.5 Optical

                    6.2.6 Potentiometric         

                    6.2.7 Piezoelectric  

                    6.2.8 Thermal Technologies        

                    6.2.9 Market Size Estimations & Forecasts (2019-2024)        

                    6.2.10 Y-o-Y Growth Rate Analysis       

                    6.2.11 Market Attractiveness Index       

          6.3 Pressure Sensors Market, By Product Type            

                    6.3.1 Absolute Pressure Sensor   

                    6.3.2 Gauge Pressure Sensor       

                    6.3.3 Differential Pressure Sensor

                    6.3.4 Sealed Pressure Sensor       

                    6.3.5 Vacuum Pressure Sensor    

                    6.3.6 Market Size Estimations & Forecasts (2019-2024)        

                    6.3.7 Y-o-Y Growth Rate Analysis         

                    6.3.8 Market Attractiveness Index         

          6.4 Pressure Sensors Market, By End-User Industry              

                    6.4.1 Automotive    

                    6.4.2 Medical         

                    6.4.3 Manufacturing and Utility   

                    6.4.4 Telecommunication  

                    6.4.5 Aviation         

                    6.4.6 Oil & Gas       

                    6.4.7 Marine 

                    6.4.8 Consumer Electronics         

                    6.4.9 Food & Beverages     

                    6.4.10 Pulp & Paper

                    6.4.11 Market Size Estimations & Forecasts (2019-2024)      

                    6.4.12 Y-o-Y Growth Rate Analysis       

                    6.4.13 Market Attractiveness Index       

7. Geographical Landscape                    

          7.1 Global Identity Governance and Administration Market, by Region                   

          7.2 North America - Market Analysis (2018 - 2024)             

                    7.2.1 By Country     

                              7.2.1.1 USA

                              7.2.1.2 Canada

                    7.2.2 By Application

                    7.2.3 By Technology          

                    7.2.4 By Product Type       

                    7.2.5 By End-User Industry          

          7.3 Europe             

                    7.3.1 By Country     

                              7.3.1.1 UK

                              7.3.1.2 France

                              7.3.1.3 Germany

                              7.3.1.4 Spain

                              7.3.1.5 Italy

                              7.3.1.6 Rest of Europe

                    7.3.2 By Application

                    7.3.3 By Technology          

                    7.3.4 By Product Type       

                    7.3.5 By End-User Industry          

          7.4 Asia Pacific                 

                    7.4.1 By Country     

                              7.4.1.1 China

                              7.4.1.2 India

                              7.4.1.3 Japan

                              7.4.1.4 South Korea

                              7.4.1.5 South East Asia

                              7.4.1.6 Australia & NZ

                              7.4.1.7 Rest of Asia-Pacific

                    7.4.2 By Application

                    7.4.3 By Technology          

                    7.4.4 By Product Type       

                    7.4.5 By End-User Industry          

          7.5 Latin America             

                    7.5.1 By Country     

                              7.5.1.1 Brazil

                              7.5.1.2 Argentina

                              7.5.1.3 Mexico

                              7.5.1.4 Rest of Latin America

                    7.5.2 By Application

                    7.5.3 By Technology          

                    7.5.4 By Product Type       

                    7.5.5 By End-User Industry          

          7.6 Middle East and Africa          

                    7.6.1 By Country     

                              7.6.1.1 Middle East

                              7.6.1.2 Africa

                    7.6.2 By Application

                    7.6.3 By Technology          

                    7.6.4 By Product Type       

                    7.6.5 By End-User Industry          

8. Key Player Analysis                           

          8.1 Honeywell                   

                    8.1.1 Business Description

                    8.1.2 Products/Service      

                    8.1.3 Financials      

                    8.1.4 SWOT Analysis         

                    8.1.5 Recent Developments         

                    8.1.6 Analyst Overview      

          8.2 ABB Ltd            

          8.3 Amphenol                   

          8.4 BD Sensors                 

          8.5 Emerson Electric                   

          8.6 First Sensor                

          8.7 Micro Sensor              

          8.8 Quartzdyne                 

          8.9 Sensata Technologies            

          8.10 Analog Microelectronics                

9. Market Outlook & Investment Opportunities                     

Appendix                         

          List of Tables          

          List of Figures                  

  • Global, Regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped

  • The segment-level analysis in terms of raw materials, by size, by type, by components and region along with market size forecasts and estimations to detect key areas of industry growth in detail

  • Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics

  • Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographics, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis

  • Study the microenvironment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analyzing the level of competition and business strategy development

  • A comprehensive list of key market players along with with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment

  • Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies

  • An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis, and main conclusions

  • Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market

  1. Global Pressure Sensors Market By Region, From 2021-2026 ( USD Billion )

  2. Global Pressure Sensors Market By Application, From 2021-2026 ( USD Billion )

  3. Global Automotive On-Vehicle Market By Region, From 2021-2026 ( USD Billion )

  4. Global Medical Devices Market By Region, From 2021-2026 ( USD Billion )

  5. Global HVAC Market By Region, From 2021-2026 ( USD Billion )

  6. Global Process Controls Market By Region, From 2021-2026 ( USD Billion )

  7. Global Test & Measurement Market By Region, From 2021-2026 ( USD Billion )

  8. Global Air Data Computers Market By Region, From 2021-2026 ( USD Billion )

  9. Global Air Data Test Sets Market By Region, From 2021-2026 ( USD Billion )

  10. Global Cockpit Instruments Market By Region, From 2021-2026 ( USD Billion )

  11. Global Gaming Market By Region, From 2021-2026 ( USD Billion )

  12. Global Navigation Market By Region, From 2021-2026 ( USD Billion )

  13. Global Pressure Sensors Market By Technology, From 2021-2026 ( USD Billion )

  14. Global Piezo-resistive Market By Region, From 2021-2026 ( USD Billion )

  15. Global Capacitive Market By Region, From 2021-2026 ( USD Billion )

  16. Global Resonant Market By Region, From 2021-2026 ( USD Billion )

  17. Global Electromagnetic Market By Region, From 2021-2026 ( USD Billion )

  18. Global Optical Market By Region, From 2021-2026 ( USD Billion )

  19. Global Potentiometric Market By Region, From 2021-2026 ( USD Billion )

  20. Global Piezoelectric Market By Region, From 2021-2026 ( USD Billion )

  21. Global Thermal Technologies Market By Region, From 2021-2026 ( USD Billion )

  22. Global Pressure Sensors Market By Product Type, From 2021-2026 ( USD Billion )

  23. Global Absolute Pressure Sensor Market By Region, From 2021-2026 ( USD Billion )

  24. Global Gauge Pressure Sensor Market By Region, From 2021-2026 ( USD Billion )

  25. Global Differential Pressure Sensor Market By Region, From 2021-2026 ( USD Billion )

  26. Global Sealed Pressure Sensor Market By Region, From 2021-2026 ( USD Billion )

  27. Global Vacuum Pressure Sensor Market By Region, From 2021-2026 ( USD Billion )

  28. Global Pressure Sensors Market By End-User Industry, From 2021-2026 ( USD Billion )

  29. Global Automotive Market By Region, From 2021-2026 ( USD Billion )

  30. Global Medical Market By Region, From 2021-2026 ( USD Billion )

  31. Global Manufacturing and Utility Market By Region, From 2021-2026 ( USD Billion )

  32. Global Telecommunication Market By Region, From 2021-2026 ( USD Billion )

  33. Global Aviation Market By Region, From 2021-2026 ( USD Billion )

  34. Global Oil & Gas Market By Region, From 2021-2026 ( USD Billion )

  35. Global Marine Market By Region, From 2021-2026 ( USD Billion )

  36. Global Consumer Electronics Market By Region, From 2021-2026 ( USD Billion )

  37. Global Food & Beverages Market By Region, From 2021-2026 ( USD Billion )

  38. Global Pulp & Paper Market By Region, From 2021-2026 ( USD Billion )

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