Aug 10, 2020 (Market Insight Reports) -- The Pressure Sensors Market Research Report 2020 to 2025 presents an in-depth assessment of the Station Pressure Sensors It provides the industry overview with market growth analysis with a historical & futuristic perspective considering the following parameters; cost, revenue, demands, and supply data (as applicable). The bottom-up approach was used to estimate the global market size of Station Pressure Sensors based on end-use applications in the various regions, in terms of USD million. The report covers the historic growth of the market, the impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Pressure Sensors investments from 2020 to 2025.
Top Companies in the Global Pressure Sensors Market
Bosch Limited (BOSCHLTD.NS), Honeywell International Inc. /zigman2/quotes/205583690/composite HON -0.96% , DENSO Corporation (otcmkts:DNZOY), Amphenol Corporation /zigman2/quotes/207999687/composite APH -0.92% , NXP+ Freescale, Sensata Technologies Holding plc /zigman2/quotes/205854600/composite ST -1.92% , TE Connectivity (Measurement Specialties), Infineon, Omron, STMicroelectronics, Yokogawa Electric Corporation, Keller, KEYENCE, Siemens, Emerson, Panasonic, WIKA Alexander Wiegand SE, ABB, Continental AG, Balluff, among others.
According to this study, over the next five years, the Pressure Sensors market will register a 6.6% CAGR in terms of revenue, the global market size will reach $ 12440 million by 2025, from $ 9618.6 million in 2019.
Market Overview: 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.
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Market Insights: By product, the global pressure sensors market is segmented into MEMS-based pressure sensors, and pressure transmitters as well as pressure transducers which are widely used for the industrial segment. Of these, MEMS-based pressure sensors account for a majority 34.02% market share of global revenue and pressure transmitters, as well as pressure transducers, accounts for the majority 60.65% market share of global revenue in 2015.
By end-user, the global pressure sensors market is segmented into Automotives, Medical, Industrial,
Consumer electronics, Oil and gas, and Military & Defense. In 2015, the Automotives application held the largest share in the global market and accounted for a market share of 28.97%.
By geography, the global pressure sensor market has been segmented into North American, South American, European, and Asia-Pacific regions. The markets in the North American, European, South American, China and Japan are projected to witness CAGRs of 5.05%, 4.96%, 8.15%, 8.11%, and 5.72%, respectively during the forecast period, 2016to 2021.
In the coming years, the Pressure Sensors market is expected to witness the highest growth rate in the Asia-Pacific region. Micro-electromechanical systems (MEMS) technology have been receiving immense popularity and an increase in adoption, which has resulted in the growth of the pressure sensors market. Although Pressure Sensors brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and wide sales networks do not enter into this field.
The Pressure Sensors market can be divided based on product types and its sub-type, major applications and Third Party usage area, and important regions.
This report segments the global Pressure Sensors Market based on Types are:
MEMS Pressure Sensor
Based on Application, the Global Pressure Sensors Market is Segmented into:
Oil and Gas
Military & Defense
Regions Are covered By Pressure Sensors Market Report 2020 To 2025.
North America, Europe, China, Japan, Southeast Asia, India.North America (USA, Canada, and Mexico).Europe (Germany, France, UK, Russia, and Italy).Asia-Pacific (China, Japan, Korea, India, and Southeast Asia).
The report has 150 tables and figures browse the report description and TOC https://www.marketinsightsreports.com/reports/02041817822/global-pressure-sensors-market-growth-2020-2025?Mode=46&Source=MW
Significant Features that are under Offering and Key Highlights of the Reports:
-Detailed overview of Pressure Sensors Market
-Changing Pressure Sensors market dynamics of the industry
-In-depth market segmentation by Type, Application, etc.
-Historical, current and projected Pressure Sensors market size in terms of volume and value
Recent industry trends and developments
-Competitive landscape of Pressure Sensors Market
-Strategies of key players and product offerings
-Potential and niche segments/regions exhibiting promising growth.
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All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supplychain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.
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