Global Pressure Sensors Market Growth 2023-2029

Global Pressure Sensors Market Growth 2023-2029

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.

LPI (LP Information)' newest research report, the “Pressure Sensors Industry Forecast” looks at past sales and reviews total world Pressure Sensors sales in 2022, providing a comprehensive analysis by region and market sector of projected Pressure Sensors sales for 2023 through 2029. With Pressure Sensors sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Pressure Sensors industry.

This Insight Report provides a comprehensive analysis of the global Pressure Sensors landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Pressure Sensors portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Pressure Sensors market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Pressure Sensors and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Pressure Sensors.

The global Pressure Sensors market size is projected to grow from US$ 10180 million in 2022 to US$ 16190 million in 2029; it is expected to grow at a CAGR of 16190 from 2023 to 2029.

Global Pressure Sensors key players include Amphenol, Sensata, Bosch, NXP+ Freescale, etc. Global top four manufacturers hold a share over 30%.

North America is the largest market, with a share about 30%, followed by China, and Europe, both have a share about 40 percent.

In terms of product, MEMS Pressure Sensor is the largest segment, with a share over 90%. And in terms of application, the largest application is Automotive, followed by Medical, Consumer electronics, Industrial, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Pressure Sensors market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type

MEMS Pressure Sensor

Pressure Transducer/Transmitter

Other

Segmentation by application

Automotive

Medical

Industrial

Consumer electronics

Oil and Gas

Military and Defense

Other

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

Bosch

Denso

Sensata

Amphenol

NXP+ Freescale

Infineon

STMicroelectronics

TE Connectivity (Measurement Specialties)

Omron

Honeywell

Siemens

Continental AG

Panasonic

Emerson

ABB

Yokogawa Electric Corporation

KEYENCE

Keller

Balluff

WIKA Alexander Wiegand SE

Key Questions Addressed in this Report

What is the 10-year outlook for the global Pressure Sensors market?

What factors are driving Pressure Sensors market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Pressure Sensors market opportunities vary by end market size?

How does Pressure Sensors break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.