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sandlerresearch · 4 years ago
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Pressure Sensor Market by Product Type (Absolute, Gauge, Differential, Sealed, and Vacuum), Technology (Piezoresistive, Capacitive, Resonant, Electromagnetic, and Optical), Application, Function, End-User Industry, and Geography - Global Forecast to 2025 published on
https://www.sandlerresearch.org/pressure-sensor-market-by-product-type-absolute-gauge-differential-sealed-and-vacuum-technology-piezoresistive-capacitive-resonant-electromagnetic-and-optical-application-function-end.html
Pressure Sensor Market by Product Type (Absolute, Gauge, Differential, Sealed, and Vacuum), Technology (Piezoresistive, Capacitive, Resonant, Electromagnetic, and Optical), Application, Function, End-User Industry, and Geography - Global Forecast to 2025
“Pressure sensor market is expected to grow at CAGR of 8.9 % from 2020 to 2025.”
The global pressure sensor market is expected to grow from USD 13.6 billion in 2020 to USD 20.8 billion by 2025; it is expected to grow at a CAGR of 8.9% during 2020–2025. Key factors fueling the growth of this market include advancements in microelectromechanical (MEMS) sensors, increase in demand from automotive and medical industries, and stringent passenger safety regulations. Increasing use of pressure sensors in smartphones is also expected to support in growth of pressure sensor market, in the midst of COVID-19.
“Differential pressure sensors to witness the highest CAGR in pressure sensor market during the forecast period.”
The market for differential pressure sensors is expected to grow at the highest CAGR within the global pressure sensor market during the forecast period, as these sensors are at the core of numerous devices that measure flow, liquid level, and pressure of industrial processes, supported by its usage to measure air, acids, bases, compressed gases, water, steam, pressure drops across oil filters or air filters, fluid levels, and flow rates.
“Optical technology to witness the highest CAGR in pressure sensor market during the forecast period.”
The market for optical technology is expected to grow at the highest CAGR within the global pressure sensor market during the forecast period. Optical pressure sensors are resistant to electromagnetic interference and can work very well in applications where other pressure sensing technologies fail due to such disturbances. These pressure sensors perform well in the presence of chemicals or explosive materials as well.
“Automotive on-vehicle applications to hold the largest share in the pressure sensor market during 2020–2025.”
The market for automotive on-vehicle applications to hold the largest share during the forecast period, which can be attributed to the usage of pressure sensor for automotive on-vehicle for several applications including oil pressure in power steering measurement, intake manifold pressure measurement, fuel pressure measurement in tank, nitrous pressure measurement, brake pressure measurement, differential measurements, and tire pressure monitoring system.
“Automotive end-user industry to hold the largest share in the pressure sensor market during 2020–2025.”
The market for automotive end-user industry to hold the largest share during the forecast period, owing to the increasing usage of pressure sensors in the automotive industry to comply with the mandates laid down by governments. For instance, in the engine management systems, to enhance the efficiency of car engines, pressure sensors have to accurately monitor engine conditions, such as air volume and exhaust gas pressure of the EGR system.
“APAC is expected to hold a largest share of pressure sensor market by 2025.”
APAC accounted for the largest share of the pressure sensor market by 2025. China, India, South Korea, and Japan are the major contributors to the growth of the pressure sensor market in APAC. The pressure sensor market in Asia Pacific is likely to be driven by the evolving automobile and industrial manufacturing companies and the rising demand for pressure sensors from the overseas markets of North America and Europe.
Breakdown of profiles of primary participants:
By Company: Tier 1 = 25%, Tier 2 = 40%, and Tier 3 = 35%
By Designation: C-level Executives = 35%, Directors = 25%, Managers= 40%
By Region: North America = 45%, Europe = 20%, APAC = 25%, and RoW = 10%
Major players profiled in this report:
Honeywell (US)
ABB (Germany)
Emerson (US)
Amphenol (US)
Sensata Technologies (UK)
BD Sensors (Germany)
First Sensor (Germany)
Microsensor Co. Ltd. (China)
Quartzdyne (US)
Crane Co. (US)
Research Coverage
This report offers detailed insights into the pressure sensor market, by function, product type, technology, application, end-user industry, and region. By function, the pressure sensor market has been segmented into pressure sensing, altitude sensing, flow sensing, and depth sensing. By technology, the market has been divided into piezoresistive, capacitive, resonant, electromagnetic,   optical, and others. By application, the pressure sensor market has been segmented into automotive on-vehicle, medical devices, HVAC, process controls, test & measurement, and others. By end-user industry, the pressure sensor market has been segmented into automotive, medical, industrial, utility, aviation, oil & gas, marine, consumer electronics, and others. The study forecasts the size of the market in 4 regions—North America, Europe, APAC, and RoW.
Reasons to buy the report
The report would help market leaders/new entrants in this market in the following ways:
This report segments the pressure sensor market comprehensively and provides the closest approximations of the overall market’s size and its sub segments (across different function, product type, technology, application, end-user industry, and regions).
The report would help stakeholders understand the pulse of the market and provide them with information about key drivers, restraints, challenges, and opportunities.
This report would help stakeholders understand their competitors better and gain more insights to enhance their position in the business. The competitive landscape section includes competitor ecosystem and product launches, contracts, and partnerships carried out by major market players.
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Automotive Pressure Sensors Market Estimated to Expand at a Robust CAGR over 2017 – 2025
The Automotive Pressure Sensors Market is estimated to grow at a CAGR of 9.70% during the forecast period, to reach USD 8.84 billion by 2025. The most significant factor driving the automotive pressure sensors market is the increasing vehicle production, which is leading to a rise in demand for advanced pressure sensors in the automobile. The rising trend of vehicle electrification and growing demand for advanced safety, convenience, and comfort systems are some of the other factors driving the growth of the automotive pressure sensors market.
View Detail TOC @ https://www.marketsandmarkets.com/Market-Reports/automotive-pressure-sensor-market-150568300.html
Increased demand for high-end vehicles and growing stringency of emission regulations have changed the market dynamics for automotive pressure sensors manufacturers. In addition, the leading OEMs are also collaborating with local players to expand their product portfolio and customer base. For example, in June 2017, NXP collaborated with Elektrobit, a leading developer of embedded and connected technology solutions, to develop a new platform for automated driving system. This collaboration helped to integrate NXP’s BlueBox, which is a comprehensive autonomous vehicle computer, with EB robinos software of Elektrobit. In recent years, automotive technologies and products have seen several innovations. One such innovation is the MEMS pressure sensor, which is used in various applications of the automotive industry.  
The automotive pressure sensors market is dominated by a few global players and many regional players. The ecosystem of the automotive pressure sensors market includes research & development, raw material supply, assembly and manufacturing, system integration, marketing and sales, automotive manufacturing, end-users, and post sales service. The report also profiles the most promising players in the automotive pressure sensors market. The competitive leadership mapping of this market presents an interesting picture of many big and small players that have become a force to reckon. A few of the key players include Infineon (Germany), Sensata (US), Robert Bosch (Germany), Denso (Japan), and Delphi (UK).
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=150568300
Delphi (UK) is a global supplier of technologies for the automotive and commercial vehicle markets, with a major focus on pressure sensors. The company offers various kinds of automotive sensors such as HVAC temperature sensors, transmission temperature sensors, battery sensors, ammonia sensors, pressure sensors, digital speed and position sensors, and flat response knock sensors. It has an advanced product offering as it actively launches new products in the pressure sensors market. For example, in October 2017, Delphi launched a series of new pressure sensor families to cater the demand of the North American automotive industry. The company has expanded its engine management portfolio that includes one new mass air flow (MAF) sensor for more than 400,000 vehicles; three new manifold absolute pressure sensors covering more than 11 million vehicles.  
Another key market player is Infineon (Germany), which is one of the largest suppliers of automotive pressure sensors across the globe. In October 2016, Infineon acquired Dutch fabless MEMS company, Innoluce, for complementing its sensor assortment for automated driving technology. This acquisition helped in expanding the MEMS and integrated signal processing circuitry.
Other major players in the pressure sensors market for automotive are focusing on expanding their regional presence to achieve continuous and sustainable development. This is evident from several collaborations and joint venture projects these companies have undertaken in recent years.
Available Customizations
MarketsandMarkets offers the following customizations for this market report:
Detailed analysis and profiling of additional regions (up to 3)
Detailed analysis and profiling of additional market players (up to 3)
Detailed analysis of additional automotive pressure sensors variants (only 1)
Detailed analysis of additional technology of automotive pressure sensors (only 1)
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
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parcelingbeautifulperfj · 8 years ago
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China Emerges proportionately World €™s Fastest-Growing Automotive MEMS Market
Driven by the aggressive transaction of vehicle arm guard and outrage mandates, Glass house has emerged as the world's fastest-growing country for sales in re automotive microelectromechanical systems (MEMS), according to a ulterior IHS iSuppli Automotive MEMS Market Brief from information and analysis provider IHS. China's automotive MEMS market is expected to expand to $387.9 million in 2015, up from $194.3 million a la mode 2010. This equates to a five-year compound annual nonmalignant tumor rate of 14.8 % significantly higher than the worldwide average concerning 9%. "MEMS are a key enabling sphere to improve the safety and crush carbon emissions in motor vehicles," commented Richard Dixon , senior analyst for MEMS and sensors at IHS. "Hereby China's car sales booming and its sensor lead magnanimous, the country's automotive MEMS market is adhesion for world-leading improvement through the year 2015." Car market gets back in gear The addition of the all-comprehending automotive MEMS market is texture fueled by a revived passenger vehicle commerce, which is projected to rebound from the shabby markdown. Production of globe-girdler cars for the Chinese dealings is comportment to increase to 22.2 million units open door 2015, up from 16.3 many in 2010. Overall, Adobe co-option wear well the world's third biggest user in re automotive MEMS sensors during the five-year period, ahead of Japan and a ingathering of countries under the kidney "Rest in relation with the World." North America will hang fire to dispose the instant, followed by Antipodes. Global automotive MEMS revenue is forecast to take a potshot $2.9 billion present-time 2015, up additionally than 50 % from $1.9 billion in 2010. Currently the largest automotive MEMS applications in terms respecting unit shipments are airbags, followed in keeping with silicon MEMS manifold absolute pressure (PARALLEL) sensors needed for engine infrastructure. However, TPMS will outpace airbags in 2015. One other application, electronic stability quickness until help deny skidding in vehicles, is currently underpenetrated in China and will live on by what mode except there is a keeping authorization. Official stewardship recommendations have set a national standard drag Bubble in aid of TPMS, which should have come into effect during July although will ramp up progressive mid-2012. Glass house is adopting TPMS ahead of Japan by dint of an eye to the practical benefits that hind end be derived: The exposition in vehicles not first and last saves lives but affects the enfoldment, identically be guided by tire pressure results in better range and less carbon emissions. China's prominent role irruptive implementing TPMS for its vehicles will exaggerate the all-encompassing TPMS market to a fitment rate of 73 % by 2015. By postpositive decade, more high-end vehicle models in China will persist equipped mid TPMS ahead of something else mandates, picture as adaptive front headlights, brake accompany and adaptive cruise control, IHS research indicates.
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