Pressure sensors, also known as pressure transducers, are primarily used to measure liquid and gas pressure. They are projected to be used in various systems to measure other variables as well, such as fluid/gas flow, water level, altitude, and speed. They are widely used across industries such as automotive, healthcare, and electronics. For instance, in automotive industry, pressure sensor is commonly used to monitor the pressure of crucial parameters such as transmission, fuel, and oil. In addition, it is used to monitor the tyre pressure, pressure measurement of exhaust gas recirculation, barometric pressure measurement, and gasoline direct-injection systems.
High-frequency RF-MEMS pressure sensors are incorporated into different types of consumer electronic devices such as smartphones, wearable devices, and tablets to perform different operations more precisely. Pressure sensors have a wide range of applications in consumer electronics to provide comfort, indoor navigation, and user-friendly interface. Growth of smartphones and tablets market drives the growth of MEMS pressure sensors market. High reliability, cost-efficiency, compact size, and reliability offered by pressure sensors drive their demand. Additionally, government regulations that mandate the use of pressure sensors in vehicles to ensure drivers' safety, facilitate the adoption of these sensors among the automotive industry. However, low sensitivity to shock and vibration restrains the market growth. Irrespective of these challenges, emergence of new pressure sensor technologies is expected to provide growth greater opportunities to the market players.
The market is segmented based on type, application, and geography. By type, it is divided into piezoresistive, capacitive, resonant solid state, optical, electromagnetic, and other sensors. By application, the market comprises automotive, consumer electronics, oil & gas, medical, industrial applications, and others. Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Key players profiled in this report are Emerson Electric Co., ABB Ltd., Robert Bosch GmbH, Analog Devices, Inc., Denso Corporation, Delphi Automotive PLC, Honeywell International Inc., Schneider Electric, NXP Semiconductor N.V., Damco Corporation, and others.
KEY BENEFITS:
The study provides an in-depth analysis of the pressure sensor market with current and future trends to elucidate the imminent investment pockets in the market
The report provides information regarding key drivers, restraints, and opportunities with impact analysis
Porter's Five Forces model analysis of the industry illustrates the potency of the buyers and suppliers of the market
Value chain analysis in the report provides a clear understanding of the roles of stakeholders involved in the value chain
MARKET SEGMENTATION
The market is segmented based on type, application, and geography.
BY TYPE
Piezoresistive
Capacitive
Resonant Solid State
Optical
Electromagnetic
Others
BY APPLICATION
Automotive
Consumer Electronics
Oil & Gas
Medical
Industrial Applications
Others
BY GEOGRAPHY
North America
U.S.
Canada
Mexico
Europe
France
Germany
Italy
UK
Rest of Europe
Asia-Pacific
China
India
South Korea
Japan
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
Emerson Electric Co.
ABB Ltd.
Robert Bosch GmbH
Analog Devices, Inc.
Denso Corporation
Delphi Automotive PLC
Honeywell International Inc.
Schneider Electric
NXP Semiconductors N.V.
Damco Corporation
